FRIENDS OF HUDSON RIVER PARK INC

EIN: 134112913 501(c)(3) Recreation & Sports

New York, NY

Total Revenue
$4,796,035
Total Expenses
$4,598,932
Total Assets
$1,966,412
Net Assets
$1,002,673
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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
NY
Principal Officer
CONNIE FISHMAN
Phone
2127570981
Tax Period
2024-04-01 to 2025-03-31

FRIENDS OF HUDSON RIVER PARK INC, founded in 1999, is a community nonprofit in the Recreation & Sports sector that reported $4.8M in total revenue in fiscal year 2024. Expenses of $4.6M left a modest 4% surplus.

Mission

Friends of Hudson River Park is a non-profit organization dedicated to the completion, care and enhancement of Hudson River Park. Hudson River Park spans four miles along Manhattan's west side waterfront from 59th Street south to Chambers Street, and encompasses 550 acres of upland green space, recreational piers and a state-designated Hudson River estuarine sanctuary. In addition to hosting roughly 17 million visits annually, the Park offers a multitude of free public programs for fitness, sports and recreation, cultural events like film, live music, dance, and family entertainment, as well as environmental education and marine science, history and nature tours, and community-based sustainability initiatives. Hudson River Park is financially self-sustaining, relying on private funding for its annual operations and maintenance. Friends of Hudson River Park raises funds to support the public events, landscapes and gardens, playgrounds and family activities, environment and education

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,790,138
Program Service Revenue $0
Investment Income $5,897
Other Revenue $0
TOTAL REVENUE $4,796,035

Expense Breakdown

Grants Paid $1,717,202
Salaries & Benefits $2,297,457
Fundraising Expenses $721,699
Program Expenses $3,147,663
Other Expenses $584,273
TOTAL EXPENSES $4,598,932

Year-over-Year Comparison

2024 2023 Change
Revenue $4,796,035 $4,737,709 +0.0%
Expenses $4,598,932 $4,750,605 0.0%
Net Income $197,103 $-12,896 -16.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
33
Independent Members
33
Employees
17
Volunteers
1500

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$447,343
Total Directors
33
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Diana Taylor Chair 2.00
Officer Director
$0 $0 $0
Samuel F Martini Treasurer 2.00
Officer Director
$0 $0 $0
Susanna Aaron Secretary 2.00
Officer Director
$0 $0 $0
David Amsterdam Director 2.00
Director
$0 $0 $0
Aditi Banga Director 2.00
Director
$0 $0 $0
Cathy Blaney Director 2.00
Director
$0 $0 $0
Anthony Borelli Director 2.00
Director
$0 $0 $0
Peter Braus Director 2.00
Director
$0 $0 $0
Ben Brown Director 2.00
Director
$0 $0 $0
David Chang Director 2.00
Director
$0 $0 $0
Steven Charno Director 2.00
Director
$0 $0 $0
Jennifer Cohan Director 2.00
Director
$0 $0 $0
Kara Dennis Director 2.00
Director
$0 $0 $0
Douglas B Heitner Director 2.00
Director
$0 $0 $0
Shari Hyman Director 2.00
Director
$0 $0 $0
David Juracich Director 2.00
Director
$0 $0 $0
Lawrence Keigwin Director 2.00
Director
$0 $0 $0
Sarah Lambert Director 2.00
Director
$0 $0 $0
Meryl Levin Director 2.00
Director
$0 $0 $0
Krista Nickols Director 2.00
Director
$0 $0 $0
Joshua Rahn Director 2.00
Director
$0 $0 $0
Joseph B Rose Director 2.00
Director
$0 $0 $0
Haley Schwartz Director 2.00
Director
$0 $0 $0
Ben Shaoul Director 2.00
Director
$0 $0 $0
Martha Stewart Director 2.00
Director
$0 $0 $0
David Tisch Director 2.00
Director
$0 $0 $0
Nat Turner Director 2.00
Director
$0 $0 $0
Mark Van Zandt Director 2.00
Director
$0 $0 $0
Greg Wasserman Director 2.00
Director
$0 $0 $0
David Weil Director 2.00
Director
$0 $0 $0
Jacob Werner Director 2.00
Director
$0 $0 $0
Daniel J Williams Director 2.00
Director
$0 $0 $0
Emily Yoder Director 2.00
Director
$0 $0 $0
Connie Fishman Executive Director 40.00
Officer
$251,975 $10,560 $262,535
Jean Kogut Director of Finance and Operations 40.00
Officer
$140,346 $44,462 $184,808
Toby Pearce Chief Development Officer 40.00
Highest
$214,596 $26,731 $241,327
Cheryl Herman Sr. Director Integrated Media 40.00
Highest
$145,602 $59,730 $205,332
Amy Molinero Director, Corporate and Community Engagement 40.00
Highest
$146,048 $25,176 $171,224
Phoebe Doran Director of Events and Creative Services 40.00
Highest
$122,299 $20,245 $142,544
Eliza Kinsolving Senior Director of Individual Giving 40.00
Highest
$113,294 $23,953 $137,247
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $4,796,035 $4,598,932 $1,966,412 $197,103
2024 $4,737,709 $4,750,605 $3,764,710 $-12,896
2023 $5,224,563 $5,856,661 $3,496,865 $-632,098
2022 $4,419,034 $4,298,515 $3,524,338 $120,519
2021 $3,376,427 $3,483,025 $2,822,440 $-106,598
2020 $3,797,406 $3,764,172 $2,252,569 $33,234
2019 $6,383,252 $6,395,551 $2,026,205 $-12,299
2018 $4,925,969 $3,943,676 $2,499,845 $982,293
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