Nonpartisan civic infrastructure
AllCiv·Legis1
·

Governors Island Corporation

Public charityFed auditsIRS 990
DBA: % PAUL KELLY
Other · NEW YORK, NY · EIN 27-2683349

About

The governors island corporation, doing business as the trust for governors island, is the 501(c)(3) not-for-profit organization created by the city of new YORK and charged with the planning, redevelopment and ongoing operations of 150 acres of governors island. The trust's mission is to realize the full potential of governors island for the inspiration and enjoyment of ALL new yorkers, demonstrating a BOLD vision for public space.

In care of PAUL Kelly

Donations are tax-deductible
Category
Other
Employees
108
Volunteers
17

Financial Snapshot

FY ending 2024-06-30
Revenue
$66.1M
Expenses
$57.5M
Assets
$385.9M
Liabilities
$53.3M

Financial history

$66.1M$33.0M$0
1718192021222324
RevenueExpenses
Latest FY2024: $66.1M · Avg: $51.6M

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
$46K
Grants Given
GOVERNORS ISLAND CORPORATION
Your actions

Address

10 South Street SLIP 7
New YORK, NY, 10004-192

Governance

Voting board members17
Independent members17
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsYes
Equity-based compNo
Supplemental retirement planNo
Board approved compYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.