NEW YORK, NY
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)GOVERNORS ISLAND CORPORATION, founded in 2010, is a mid-sized nonprofit in the Animal-Related sector that reported $65.3M in total revenue in fiscal year 2024. Expenses of $56.3M left a modest 14% surplus.
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.
THE TRUST IS RESPONSIBLE FOR THE OPERATION, PLANNING AND REDEVELOPMENT OF 150 ACRES OF GOVERNORS ISLAND. THE TRUST PROVIDES FERRY, SECURITY AND MAINTENANCE SERVICES FOR THE ISLAND, ITS VISITORS AND...
THE TRUST IS RESPONSIBLE FOR THE OPERATION, PLANNING AND REDEVELOPMENT OF 150 ACRES OF GOVERNORS ISLAND. THE TRUST PROVIDES FERRY, SECURITY AND MAINTENANCE SERVICES FOR THE ISLAND, ITS VISITORS AND TENANTS, AS WELL AS THE URBAN ASSEMBLY HARBOR SCHOOL LOCATED ON THE ISLAND. SINCE 2024, GOVERNORS ISLAND HAS BEEN OPEN TO THE PUBLIC YEAR ROUND, AND EVERY SEASON VISITORS MAY EXPERIENCE AN ARRAY OF ARTS, CULTURAL AND RECREATIONAL PROGRAMS, AS WELL AS FOOD AND BEVERAGES ON OFFER FROM ISLAND VENDORS. THROUGH AN INITIAL CAPITAL IMPROVEMENT PROGRAM, THE TRUST BUILT 30 ACRES OF NEW PARK SPACE, WHICH OPENED IN 2014, FOLLOWED BY AN EXPANSION IN 2016, WHEN THE HILLS OPENED. ADDITIONAL CAPITAL INVESTMENT, COMPLETED AND ONGOING, INCLUDES WORK ON THE FERRY INFRASTRUCTURE (DOCKS AND VESSELS), SEAWALL, ELECTRICAL SYSTEM, POTABLE WATER AND OTHER UTILITY SYSTEMS, AS WELL AS NUMEROUS HISTORIC BUILDING STABILIZATION AND RENOVATION PROJECTS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $65,325,995 | $66,092,062 | 0.0% |
| Expenses | $56,314,805 | $57,496,596 | 0.0% |
| Net Income | $9,011,190 | $8,595,466 | +0.0% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ALICE BLANK | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ALICIA GLEN | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BENJAMIN LAWSKY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CARL WEISBROD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CAROLEE FINK | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRISTIAN BRANEON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DANIEL NEIDICH | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DANIEL SQUADRON | BOARD MEMBER (OUTGOING) | 1.00 |
Director
|
$0 | $0 | $0 |
| EB KELLY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GAURAV KAPADIA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES KELLY MCGOWAN | BOARD MEMBER (OUTGOING) | 1.00 |
Director
|
$0 | $0 | $0 |
| KAREN HOPKINS | BOARD MEMBER (OUTGOING) | 1.00 |
Director
|
$0 | $0 | $0 |
| MARC NORMAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL OPPENHEIMER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RICHARD CORMAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SUSAN MERCANDETTI | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TIM CAWLEY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TOKUMBO SHOBOWALE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| WENDY BRAWER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ALEXANDER BRADY | CHIEF REAL ESTATE OFFICER | 35.00 |
Officer
|
$161,730 | $49,721 | $211,451 |
| CHRISTOPHER TEPPER | CHIEF DEVELOPMENT OFFICER (OUTGOING) | 35.00 |
Officer
|
$226,024 | $73,235 | $299,259 |
| CLARE NEWMAN | PRESIDENT/CEO | 35.00 |
Officer
|
$248,023 | $96,645 | $344,668 |
| DANIEL HANTMAN | GENERAL COUNSEL | 35.00 |
Officer
|
$204,777 | $75,245 | $280,022 |
| JENNIFER RENTAS | COO | 35.00 |
Officer
|
$144,502 | $16,797 | $161,299 |
| WILLA PADGETT | CFO | 35.00 |
Officer
|
$201,656 | $31,553 | $233,209 |
| ANDRE BELL | SENIOR DIRECTOR, FACILITIES | 35.00 |
Highest
|
$147,114 | $61,070 | $208,184 |
| ANDRE SHKOZA | ASST. CHIEF ENGINEER | 35.00 |
Highest
|
$157,246 | $0 | $157,246 |
| ROGER KENNEDY | CHIEF ENGINEER | 35.00 |
Highest
|
$196,186 | $0 | $196,186 |
| SARAH KRAUTHEIM | VP, PUBLIC AFFAIRS | 35.00 |
Highest
|
$187,099 | $46,166 | $233,265 |
| WILLIAM JOHNSON | SENIOR DIRECTOR | 35.00 |
Highest
|
$162,796 | $22,624 | $185,420 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $65,325,995 | $56,314,805 | $401,467,685 | $9,011,190 |
| 2024 | $66,092,062 | $57,496,596 | $385,935,347 | $8,595,466 |
| 2023 | $65,206,529 | $54,135,369 | $379,526,191 | $11,071,160 |
| 2022 | $44,688,095 | $46,497,602 | $359,077,969 | $-1,809,507 |
| 2021 | $30,303,739 | $43,797,262 | $322,866,104 | $-13,493,523 |
| 2020 | $29,173,700 | $41,461,042 | $333,239,359 | $-12,287,342 |
| 2019 | $37,007,847 | $42,000,369 | $348,900,124 | $-4,992,522 |
Compare GOVERNORS ISLAND CORPORATION with other nonprofits in New York and across the country.