2007 NYRR Watch Report
sources:
http://bartlett.oag.state.ny.us/Char_Forms/show_details.jsp?id={C8AF4860-DE8B-4639-BE52-0ED371839BDF}
http://www.oag.state.ny.us/bureaus/charities/about.html
---------------------------------------------------
Salaries:
Mary Wittenberg
Title: Board Member/President
Addr 1: 9 East 89th Street
Addr 2:
CSZ: New York, NY 10128
Country: United States
format: hours worked per week, compensation, contributions to benefit plans, expenses
40 $365,000.00 $15,600.00 $0.00
Total: $380,600
This is up 29% since 2005. Did your salary go up 29%?
Patrick McNamara
Title: Staff Vice President
Addr 1: 9 East 89th Street
Addr 2:
CSZ: New York, NY 10128
Country : United States
40 $167,999.00 $8,280.00 $0.00
Toby Tanser
Title: Board Member
Addr 1: 9 East 89th Street
Addr 2:
CSZ: New York, NY 10128
Country: United States
0 $300.00 $0.00 $0.00
---------------------------------------------------
Independent Auditors' Report
Board of Directors
New York Road Runners
We have audited the accompanying statements of financial position of New York Road Runners
("NYRR") as of March 31, 2008 and 2007, and the related statements of activities and cash
flows for the years then ended. These financial statements are the responsibility of NYRR's
management. Our responsibility is to express an opinion on these financial statements based on
our audits.
We conducted our audits in accordance with auditing standards generally accepted in the United
States ofAmerica. Those standards require that we plan and perform the audit to obtain reasonable
assurance about whether the financial statements are free of material misstatement. An audit
includes considering internal control over financial reporting as a basis for designing audit
procedures that are appropriate in the circumstances, but not for the purpose of expressing an
opinion on the effectiveness ofNYRR's internal control over financial reporting. Accordingly, we
express no such opinion. An audit also includes examining, on a test basis, evidence supporting the
amounts and disclosures in the financial statements, assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall 'financial statement
presentation. We believe that our audit provides a reasonable basis for our opinion
In our opinion, the financial statements referred to above present fairly, in all material respects, the
financial position of New York Road Runners as of March 31, 2008 and 2007 and the changes in
its nets assets and its cash flows for the years then ended in conformity with accounting principles
generally accepted in the United States ofAmerica.
O'Connor, Davies, Munno & Dobbins, LLP http://www.odmd.com/
New York, New York
July 22, 2008
---------------------------------------------------
Letter from NYRR VP of Finance
New York State Department of Law
State Charities Bureau Registration Section
120 Broadway
New York, New York 10271
Dear Sirs:
Please find enclosed form CHAR 500, 990, and the audited statement for the New York Road Runners
Inc. fiscal year ending March 31, 2008.
If you have any questions regarding the enclosed material, please contact me at 646-758-9656.
Sincerely
Patrick J. McNamara
Vice President, Finance
---------------------------------------------------
Revenue
Race Entry Revenue 17,141,128
Sponsership Revenue 11,303,158
Other Revenue 4,717,591
Publications & Advertisement 693,648
Classes Revenue 448,950
Medicare/Medicaid payments . . . .
Fees and contracts from government agencies
Membership dues and assessments . 1,418,297
This is interesting. Race Entry Revenue and Membership dues is 52% of reported revenue.
Maybe the people that pay for the public charity should have a say in the policy and operation and fees of the public charity.
Details:
(17141128+1418297)/35722772
0.5195
51.95%
---------------------------------------------------
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees
(a) Name and address of each employee paid more (b) Title and average hours
(c) Compensation
( d) Contributions to
employee benefit plans &
(e) Expense
account and other
than $50,000 per week devoted to position deferred compensation allowances
Ann Wells Crandall
9 East-89th-Street, New York, NY 10128, US Sen. Vice President
format: hours worked per week, compensation, contributions to benefit plans, expenses
40 269,000 11,220 0
Peter Ciaccia
9 East 89th Street, New York, NY 10128, US
Vice President
40 185,000 7,500 0
Robert L Laufer
9 East 89th Street, New York, NY 10128, US Vice President
40 160,000 6,600 0
Susan Cuttler
9 East 89th Street, New York, NY 10128, US
Vice President
40 150,000 6,600 0
Saul Zuchman
9 East 89th Street, New York, NY 10128, US
Vice President
40 108,722 0 0
---------------------------------------------------
(a) Name and address of each independent contractor paid more than $50,000 (b) Type of service (c) Compensation
Loeb Loeb
345 Park Avenue, New York, NY 10154, US Legal
146,483
---------------------------------------------------
Compensation of the Five Highest Paid Independent Contractors for Other Serv ices
(a) Name and address of each independent contractor paid more than $50,000 (b) Type of service (c) Compensation
American Pro Cyling
500 East 76th Street, New York, NY 10021, US
Art Design & Install
1,172,046
sources:
http://bartlett.oag.state.ny.us/Char_Forms/show_details.jsp?id={C8AF4860-DE8B-4639-BE52-0ED371839BDF}
http://www.oag.state.ny.us/bureaus/charities/about.html
---------------------------------------------------
Salaries:
Mary Wittenberg
Title: Board Member/President
Addr 1: 9 East 89th Street
Addr 2:
CSZ: New York, NY 10128
Country: United States
format: hours worked per week, compensation, contributions to benefit plans, expenses
40 $365,000.00 $15,600.00 $0.00
Total: $380,600
This is up 29% since 2005. Did your salary go up 29%?
Patrick McNamara
Title: Staff Vice President
Addr 1: 9 East 89th Street
Addr 2:
CSZ: New York, NY 10128
Country : United States
40 $167,999.00 $8,280.00 $0.00
Toby Tanser
Title: Board Member
Addr 1: 9 East 89th Street
Addr 2:
CSZ: New York, NY 10128
Country: United States
0 $300.00 $0.00 $0.00
---------------------------------------------------
Independent Auditors' Report
Board of Directors
New York Road Runners
We have audited the accompanying statements of financial position of New York Road Runners
("NYRR") as of March 31, 2008 and 2007, and the related statements of activities and cash
flows for the years then ended. These financial statements are the responsibility of NYRR's
management. Our responsibility is to express an opinion on these financial statements based on
our audits.
We conducted our audits in accordance with auditing standards generally accepted in the United
States ofAmerica. Those standards require that we plan and perform the audit to obtain reasonable
assurance about whether the financial statements are free of material misstatement. An audit
includes considering internal control over financial reporting as a basis for designing audit
procedures that are appropriate in the circumstances, but not for the purpose of expressing an
opinion on the effectiveness ofNYRR's internal control over financial reporting. Accordingly, we
express no such opinion. An audit also includes examining, on a test basis, evidence supporting the
amounts and disclosures in the financial statements, assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall 'financial statement
presentation. We believe that our audit provides a reasonable basis for our opinion
In our opinion, the financial statements referred to above present fairly, in all material respects, the
financial position of New York Road Runners as of March 31, 2008 and 2007 and the changes in
its nets assets and its cash flows for the years then ended in conformity with accounting principles
generally accepted in the United States ofAmerica.
O'Connor, Davies, Munno & Dobbins, LLP http://www.odmd.com/
New York, New York
July 22, 2008
---------------------------------------------------
Letter from NYRR VP of Finance
New York State Department of Law
State Charities Bureau Registration Section
120 Broadway
New York, New York 10271
Dear Sirs:
Please find enclosed form CHAR 500, 990, and the audited statement for the New York Road Runners
Inc. fiscal year ending March 31, 2008.
If you have any questions regarding the enclosed material, please contact me at 646-758-9656.
Sincerely
Patrick J. McNamara
Vice President, Finance
---------------------------------------------------
Revenue
Race Entry Revenue 17,141,128
Sponsership Revenue 11,303,158
Other Revenue 4,717,591
Publications & Advertisement 693,648
Classes Revenue 448,950
Medicare/Medicaid payments . . . .
Fees and contracts from government agencies
Membership dues and assessments . 1,418,297
This is interesting. Race Entry Revenue and Membership dues is 52% of reported revenue.
Maybe the people that pay for the public charity should have a say in the policy and operation and fees of the public charity.
Details:
(17141128+1418297)/35722772
0.5195
51.95%
---------------------------------------------------
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees
(a) Name and address of each employee paid more (b) Title and average hours
(c) Compensation
( d) Contributions to
employee benefit plans &
(e) Expense
account and other
than $50,000 per week devoted to position deferred compensation allowances
Ann Wells Crandall
9 East-89th-Street, New York, NY 10128, US Sen. Vice President
format: hours worked per week, compensation, contributions to benefit plans, expenses
40 269,000 11,220 0
Peter Ciaccia
9 East 89th Street, New York, NY 10128, US
Vice President
40 185,000 7,500 0
Robert L Laufer
9 East 89th Street, New York, NY 10128, US Vice President
40 160,000 6,600 0
Susan Cuttler
9 East 89th Street, New York, NY 10128, US
Vice President
40 150,000 6,600 0
Saul Zuchman
9 East 89th Street, New York, NY 10128, US
Vice President
40 108,722 0 0
---------------------------------------------------
(a) Name and address of each independent contractor paid more than $50,000 (b) Type of service (c) Compensation
Loeb Loeb
345 Park Avenue, New York, NY 10154, US Legal
146,483
---------------------------------------------------
Compensation of the Five Highest Paid Independent Contractors for Other Serv ices
(a) Name and address of each independent contractor paid more than $50,000 (b) Type of service (c) Compensation
American Pro Cyling
500 East 76th Street, New York, NY 10021, US
Art Design & Install
1,172,046
Daniel J Edelman
21992 Network Place, Chica o, IL 60673, US
Public Relations
283,381
Protective Strategies
14834 Das Marinas Drive, Corpus Christ, TX 78418, US Securi ty
280,192
Expert Collab LLB
29 Florence Drive, Florham ark, NJ 07932, US
Consultation and Collaboration
120,000
Race Results Weekly
PO BOX 8233, FDR Station, NY 10150, US
Coordinator
84,830
Total number of other contractors receiving over
$50,000 for other services . . . . . . . ? 8
---------------------------------------------------
Sales of Inventory
NEW YORK ROAD RUNNERS INC
13-2949483
Running Merchandise
Gross Sales $1,735,483.00
Gross Profit $489,165.00
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