GOVERNORS ISLAND CORPORATION
10 SOUTH STREET SLIP 7, NEW YORK, NY 10004 www.govisland.org

Total Revenue
$29,173,700
Total Expenses
$41,461,042
Net Assets
$326,836,346

Organizations Filed Purposes: THE TRUST FOR GOVERNORS ISLAND (THE "TRUST OR "TGI") IS A NONPROFIT CORPORATION CREATED BY THE CITY OF NEW YORK CHARGED WITH THE PLANNING, REDEVELOPMENT AND ONGOING OPERATIONS OF 150 ACRES OF GOVERNORS ISLAND. THE TRUST'S MISSION IS TO TRANSFORM GOVERNORS ISLAND INTO A VIBRANT YEAR-ROUND RESOURCE FOR NEW YORK CITY, MAKING THE ISLAND A DESTINATION WITH EXTRAORDINARY PUBLIC OPEN SPACE, DIVERSE CULTURAL AND RECREATIONAL ACTIVITIES, AS WELL AS EDUCATIONAL, NOT-FOR-PROFIT AND COMMERCIAL FACILITIES.

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.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Willa PadgettCFO AND CHIEF CONTRACTING35$162,585
Marni E FriedlanderGENERAL COUNSEL/SECRETARY35$160,066
Jenny StaleyVP OPERATIONS35$142,816
William JohnsonSENIOR DIRECTOR35$123,923
Meredith JohnsonVP CULTURAL AND PUBLIC ART35$120,146
Sarah KrautheimVP, PUBLIC AFFAIRS35$111,491
Alexis OffenCOO/TREASURER (OUTGOING 9/13/19)35$110,596
Claire NewmanPRESIDENT/CEO35$106,353
Irena SobkoCONTROLLER35$105,553
Christopher TepperCHIEF DEVELOPMENT OFFICER35$75,910
Tokumbo ShobowaleBOARD MEMBER1$0
Susan MercandettiBOARD MEMBER1$0
Patrick KennellBOARD MEMBER1$0
Margaret ChinBOARD MEMBER1$0
Karen HopkinsBOARD MEMBER1$0
Gaurav KapadiaBOARD MEMBER1$0
Daniel SquadronBOARD MEMBER1$0
Daniel NeidichBOARD MEMBER1$0
Cheryl EffronBOARD MEMBER (OUTGOING)1$0
Catherine HughesBOARD MEMBER1$0
Carolee FinkBOARD MEMBER1$0
Carl WeisbrodBOARD MEMBER1$0
Benjamin LawskyBOARD MEMBER1$0
Alicia GlenCHAIR1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202120579349300512_public.xml