EIN 27-2683349

The Trust for Governors Island

IRS 501(c) type
501(c)(3)
Num. employees
45
Year formed
2010
Most recent tax filings
2020-06-01
Description
The Trust for Governors Island is The nonprofit Corporation created by The city of new york that is responsible for The redevelopment and operation of 150 acres of Governors Island.
Also known as...
Governors Island Corporation; Governors Island Trust
Total revenues
$29,173,700
2020
Total expenses
$41,461,042
2020
Total assets
$333,239,359
2020
Num. employees
45
2020

Program areas at The Trust for Governors Island

The Trust is responsible for The operation, planning and redevelopment of 150 acres of Governors Island. The Trust provides ferry, maintenance and security services for The Island throughout The year. During The expanded six-month public access season hundreds of thousands of visitors come to The Island to experience an array of arts, cultural and recreational programs. Through a $300 million capital program, The Trust built 30 acres of new park spaces and brought The Island's infrastructure into The 21st century. Capital investments have so far supplied potable water, stabilized historic buildings and rehabilitated The seawall; ongoing projects include updating The electrical and telecom systems and upgrading The ferry docks. In addition, phase 2 of The park,the hills, opened in july 2016.

Who funds The Trust for Governors Island

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Friends of Governors IslandGrants for Horticulture, Marketing & Arts$397,307
Rudin Management CompanyCharitable$20,000
Icap FoundationCash Charitable Donation$5,000
Federal funding details
Federal agencyProgram nameAmount
Department of Homeland SecurityDISASTER GRANTS - PUBLIC ASSISTANCE (PRESIDENTIALLY DECLARED DISASTE...$2,264,762
Department of TransportationPUBLIC TRANSPORTATION EMERGENCY RELIEF PROGRAM$100,665
Department of TransportationHIGHWAY PLANNING AND CONSTRUCTION$72,104
...and 1 more federal grant or contract

Personnel at The Trust for Governors Island

NameTitleCompensation
Clare NewmanPresident and Chief Executive Officer$106,353
Alexis OffenChief Operating Officer and Treasurer$110,596
Willa PadgettChief Financial Officer and Chief Contracting Officer$162,585
Christopher TepperChief Development Officer$75,910
Jenny StaleyVice President Operations$142,816
...and 11 more key personnel

Financials for The Trust for Governors Island

RevenuesFYE 06/2020
Total grants, contributions, etc.$25,556,172
Program services$3,548,240
Investment income and dividends$41,781
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$27,507
Total revenues$29,173,700

Form 990s for The Trust for Governors Island

Fiscal year endingDate received by IRSFormPDF link
2020-062021-04-13990View PDF
2019-062020-10-15990View PDF
2018-062019-07-31990View PDF
2017-062018-05-14990View PDF
2016-062017-07-31990View PDF
...and 5 more Form 990s
Data update history
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
June 25, 2021
Posted financials
Added Form 990 for fiscal year 2020
June 23, 2021
Updated personnel
Identified 4 new personnel
June 12, 2021
Received grants
Identified 1 new grant, including a grant for $397,307 from The Friends of Governors Island
March 2, 2021
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Civic / social organizationsAnimal organizationsAnimal sheltersCharities
Issues
Land and water conservationAnimalsEnvironmentHuman servicesPublic policy
Characteristics
LobbyingState / local levelReceives government fundingTax deductible donations
General information
Address
10 South St Slip 7
New York, NY 10004
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
govisland.com/ 
Phone
(212) 440-2200
Facebook page
govisland 
Twitter profile
@gov_island 
IRS details
EIN
27-2683349
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2010
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
D20: Animal Protection and Welfare
NAICS code, primary
813410: Civic and Social Organizations
Parent/child status
Independent
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