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Asphalt Green INC

Public charity
DBA: % DEAN SOMER
Other · NEW YORK, NY · EIN 13-6533158

About

Asphalt green, INC. ("asphalt green") is a new YORK city not-for-profit organization dedicated to transforming lives and building community through sports, fitness, and play for ALL. Asphalt green has two campuses in new YORK city (the "city"): one on the upper EAST side ("AG") and the other in battery park city("agbpc"). The AG campus includes the george and annette murphy center; the AQUA center (which houses the city's first indoor, olympic-sized POOL open to the community at large); a superturf playing field; dekovats park; and sundial plaza. Programs for young people are designed to challenge the intellectual, creative and physical abilities of the participants. The city retains ownership of the AG campus, and asphalt green is responsible for equipping, operating and maintaining the facilities and providing community programs.

In care of DEAN Somer

Donations are tax-deductible
Category
Other
Employees
153
Volunteers
26

Financial Snapshot

FY ending 2023-06-30
Revenue
$33.6M
Expenses
$30.1M
Assets
$43.7M
Liabilities
$14.6M

Financial history

$33.6M$16.8M$0
1617181920212223
RevenueExpenses
Latest FY2023: $33.6M · Avg: $29.1M

501(h) election

This 501(c)(3) elected the 501(h) safe-harbor — lobbying expenditures are capped under a clear dollar formula instead of the "insubstantial part" standard.

Political & Grant Activity

Campaign Spending
Lobbying
$36K
Grants Given
ASPHALT GREEN INC
Your actions

Address

555 E 90TH ST
New YORK, NY, 10128-780

Governance

Voting board members26
Independent members25
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Permanent endowment %31.9%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
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