2019-05-13T16:05:46-05:00 2018-12-31 141442607 BST & CO CPAS LLP 26 COMPUTER DRIVE WEST ALBANY NY 12205 990 2018-01-01 141401680 BUSINESS COUNCIL OF NEW YORK STATE INC BUSI 5184657511 12 CORPORATE WOODS BLVD NO 17 ALBANY NY 122112390 HEATHER C BRICCETTI ESQ PRESIDENT & CEO 5184657511 2019-05-13 1 JUDY A CAHEE P00281935 5184596700 2019-05-13 24.213.242.82 2019-05-13 16:04:14 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 7DB8B457BFFD72A463AA8D24E38B33A6CC5CD7A4 2018 2019-02-21 02:37:17Z HEATHER BRICCETTI ESQ 111 WASHINGTON AVE ALBANY NY 12210 7423417 0 X WWW.BCNYS.ORG X 1980 NY PROMOTING ECONOMIC GROWTH AND DEVELOPMENT IN NEW YORK STATE 51 50 55 60 0 26000 0 0 4916368 4820672 28721 42278 2270560 2560467 7215649 7423417 0 0 0 0 5661666 5755668 0 0 0 1723092 1881369 7384758 7637037 -169109 -213620 4536875 4286723 11328755 10579673 -6791880 -6292950 WORKING TO CREATE ECONOMIC GROWTH, GOOD JOBS, AND STRONG COMMUNITIES ACROSS NEW YORK STATE. 0 0 THE BUSINESS COUNCIL (TBC) REPRESENTS THE STATE'S BUSINESS COMMUNITY BY PROVIDING ADVOCACY, RESEARCH, AND ANALYSIS ON STATE BUDGETS, LEGISLATION AND REGULATIONS THAT IMPACT THE COST OF DOING BUSINESS IN NEW YORK. THROUGH THIS PROCESS, TBC DEVELOPS A PUBLIC POLICY AGENDA, PROVIDES EDUCATION THROUGH CONFERENCES, WEBINARS, SEMINARS, AND ISSUES PUBLICATIONS SUPPORTING ECONOMIC GROWTH AND DEVELOPMENT. 0 0 1 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 14 0 1 55 1 1 1 0 0 0 1 1 0 0 0 X 51 50 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X SUZANNE M JENSEN CPA 5184657511 12 CORPORATE WOODS SUITE 17 ALBANY NY 122112390 HEATHER C BRICCETTI ESQ PRESIDENT & CEO 31.00 5.00 X X 380701 0 22148 DENISE V GONICK CO-CHAIR 1.00 0.00 X X 0 0 0 ERIC MOWER CO-CHAIR 1.00 0.00 X X 0 0 0 KAREN BOYKIN-TOWNS CO-CHAIR 1.00 0.00 X X 0 0 0 PAUL S SPERANZA JR ESQ VICE CHAIR & TREASURER 1.00 0.00 X X 0 0 0 DONNA L DECAROLIS VICE CHAIR & SECRETARY 1.00 0.00 X X 0 0 0 MARSHA GORDON VICE CHAIR FOR MEMBERSHIP 1.00 0.00 X X 0 0 0 MICHAEL PRINTUP VICE CHAIR FOR MEMBERSHIP 1.00 0.00 X X 0 0 0 CHRISTOPHER C BOOTH VICE CHAIR 1.00 0.00 X X 0 0 0 HENRY D KUYKENDALL VICE CHAIR 1.00 0.00 X X 0 0 0 THOMAS F JUDSON JR VICE CHAIR 1.00 0.00 X X 0 0 0 G THOMAS TRANTER JR VICE CHAIR 1.00 0.00 X X 0 0 0 DAVID W ANDERSON DIRECTOR 1.00 0.00 X 0 0 0 MATTHEW AUGUSTINE DIRECTOR 1.00 0.00 X 0 0 0 B REUBEN AUSPITZ DIRECTOR 1.00 0.00 X 0 0 0 BRUCE W BOYEA DIRECTOR 1.00 0.00 X 0 0 0 TERRY L BROWN DIRECTOR 1.00 0.00 X 0 0 0 PETER CHYNOWETH DIRECTOR 1.00 0.00 X 0 0 0 PAUL F CIMINELLI DIRECTOR 1.00 0.00 X 0 0 0 ANTHONY G COLLINS DIRECTOR 1.00 0.00 X 0 0 0 PAUL R COMEAU ESQ DIRECTOR 1.00 0.00 X 0 0 0 GREGORY CORSO DIRECTOR 1.00 0.00 X 0 0 0 MARIA BOONIE DIRECTOR 1.00 0.00 X 0 0 0 CATHY S DOVE DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL J DOYLE DIRECTOR 1.00 0.00 X 0 0 0 ROBERT J DUFFY DIRECTOR 1.00 0.00 X 0 0 0 LEECIA R EVE DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL J FALCONE DIRECTOR 1.00 0.00 X 0 0 0 ELIZABETH GOLDEN DIRECTOR 1.00 0.00 X 0 0 0 JAMES A FOX PE DIRECTOR 1.00 0.00 X 0 0 0 WILLIAM J GOLDEN DIRECTOR 1.00 0.00 X 0 0 0 JEREL T GOLUB DIRECTOR 1.00 0.00 X 0 0 0 JILL KAPLAN DIRECTOR 1.00 0.00 X 0 0 0 OLIVER KARDOS DIRECTOR 1.00 0.00 X 0 0 0 BRIDGET-ANN HART RPH DIRECTOR 1.00 0.00 X 0 0 0 JEFFREY P KENEFICK DIRECTOR 1.00 0.00 X 0 0 0 STEPHEN OBERMAYER DIRECTOR 1.00 0.00 X 0 0 0 MELANIE W LITTLEJOHN DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL V LITTLEJOHN DIRECTOR 1.00 0.00 X 0 0 0 KEVIN L LUING DIRECTOR 1.00 0.00 X 0 0 0 MARISSA SHORENSTEIN DIRECTOR 1.00 0.00 X 0 0 0 KIM TOWNSEND DIRECTOR 1.00 0.00 X 0 0 0 DEBABRATA MUKHERJEE PHD DIRECTOR 1.00 0.00 X 0 0 0 KEVIN P MURPHY DIRECTOR 1.00 0.00 X 0 0 0 JOHN F MURRAY JR DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL J NEVINS DIRECTOR 1.00 0.00 X 0 0 0 PAUL TAFFE DIRECTOR 1.00 0.00 X 0 0 0 KEVIN B QUINN DIRECTOR 1.00 0.00 X 0 0 0 ERIN REUSS-HANNAFIN DIRECTOR 1.00 0.00 X 0 0 0 PHILIP R VAN HORNE DIRECTOR 1.00 0.00 X 0 0 0 KENNETH R THEOBALDS DIRECTOR 1.00 0.00 X 0 0 0 JAMES A SPITZ JR DIRECTOR 1.00 0.00 X 0 0 0 DOLORES KRUCHTEN DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL RUSSO DIRECTOR 1.00 0.00 X 0 0 0 ROGER A HANNAY DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL ZIMMER DIRECTOR 1.00 0.00 X 0 0 0 MITCHELL W MILLER DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL L MOSHER DIRECTOR 1.00 0.00 X 0 0 0 GREGORY M HARDEN DIRECTOR 1.00 0.00 X 0 0 0 KEN FITZPATRICK DIRECTOR 1.00 0.00 X 0 0 0 DENNIS M RICHARDSON DIRECTOR 1.00 0.00 X 0 0 0 SUZANNE M JENSEN CPA CFO/DIRECTOR OF HR 37.00 6.00 X 193462 0 15029 KENNETH POKALSKY VICE PRESIDENT 39.00 0.50 X 209330 0 18827 DARREN SUAREZ DIRECTOR OF GOVERNMENT AFFAIRS 35.00 0.00 X 155290 0 8114 HOWARD BECKER VICE PRESIDENT OF MEMBERSHIP 35.00 0.00 X 126876 0 18443 MARK NAVIN DIRECTOR OF SALES 0.00 35.00 X 135720 0 7568 MARK AMODEO DIR. OF DEVELOPMENT & BOARD COMM. 35.00 2.50 X 126182 0 23165 LEV GINSBURG DIRECTOR OF GOVERNMENT AFFAIRS 36.00 0.00 X 150122 0 8099 1477683 0 121393 11 0 1 0 0 MEMBERSHIP DUES 900099 4331173 4331173 CONFERENCES/MEETINGS 900099 489499 489499 4820672 42278 42278 6000 0 6000 6000 6000 ADMINISTRATIVE FEES 561000 2552330 2552330 MISCELLANEOUS 900099 2137 2137 2554467 7423417 7375139 0 48278 839496 3281404 974815 372675 287278 163905 58951 37439 42250 1693 27326 142477 97071 332002 190214 397947 22045 67729 EQUIP MAINT. & RENTAL 131031 SUPPLIES/REF. MATERIALS 87215 ASSOCIATION DUES 42380 MISCELLANEOUS 24908 14786 7637037 1879346 1545604 266534 269178 402135 437125 24649 0 120068 111245 362525 169546 95462 192979 1436954 1440303 311727 290289 4536875 4286723 223013 337028 94298 120483 11011444 10122162 11328755 10579673 X -6791880 -6292950 -6791880 -6292950 4536875 4286723 X -213620 -34593 -20242 767385 X X 0 1 X 1 0 THE BUSINESS COUNCIL PAC INC 12 CORPORATE WOODS BLVD ALBANY NY 12211 141585259 90440 0 0 0 4331173 605731 605731 605731 PART I-A, LINE 1: THE ORGANIZATION ALLOCATES A PORTION OF ELIGIBLE MEMBER DUES TO A SEPARATE SEGREGATED FUND, AND PROMPTLY AND DIRECTLY TRANSFERS THEM TO THAT FUND. 25357 7253 18104 337168 162293 174875 192979 CASH SURRENDER VALUE OF LIFE INSURANCE 91577 INVESTMENT IN SUBSIDIARIES 198712 290289 DEFERRED COMPENSATION 91577 ACCRUED PENSION COST 9883778 LEASE TERMINATION LIABILITY 146807 10122162 X 7375066 -34593 -13758 -48351 7423417 0 7423417 7657279 20242 20242 7637037 0 7637037 PART X, LINE 2: THE COUNCIL IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. NEW YORK JOBS NOW, INC. IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE. THE PAC AND JOBS NEW YORK COMMITTEE ARE EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 527 OF THE INTERNAL REVENUE CODE. THE SERVICE CORPORATION AND WC ADMINISTRATORS ARE TAXABLE CORPORATIONS AND RECORD INCOME TAXES USING THE ASSET AND LIABILITY METHOD. DEFERRED TAX ASSETS AND LIABILITIES ARE DETERMINED BASED ON THE DIFFERENCES BETWEEN THE FINANCIAL ACCOUNTING AND TAX BASIS OF ASSETS AND LIABILITIES. DEFERRED TAX ASSETS OR LIABILITIES AT THE END OF EACH PERIOD ARE DETERMINED USING THE CURRENTLY ENACTED TAX RATE EXPECTED TO APPLY TO TAXABLE INCOME IN THE PERIOD IN WHICH THE DEFERRED TAX ASSET OR LIABILITY IS EXPECTED TO BE SETTLED OR REALIZED. DEFERRED TAX EXPENSE (BENEFIT) IS THE RESULT OF CHANGES IN DEFERRED TAX ASSETS AND LIABILITIES. THE SERVICE CORPORATION AND WC ADMINISTRATORS, TOGETHER WITH THEIR TAXABLE AFFILIATES, THE BUSINESS COUNCIL OF NEW YORK STATE, INC. INSURANCE FUND (NOTE 9) AND WC TRUST, ARE ALL MEMBERS OF A CONTROLLED GROUP UNDER IRC 1563(A). THE SERVICE CORPORATION AND WC ADMINISTRATORS EACH FILE FORM 1120 (C CORP RETURN) ANNUALLY. THE COUNCIL, PAC, NEW YORK JOBS NOW, INC., AND JOBS NEW YORK COMMITTEE FILE FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX). WHEN INCOME TAX RETURNS ARE FILED, SOME TAX POSITIONS TAKEN ARE HIGHLY CERTAIN TO BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHER TAX POSITIONS ARE SUBJECT TO UNCERTAINTY ABOUT THE TECHNICAL MERITS OF THE POSITION OR THE AMOUNT OF THE POSITION'S TAX BENEFIT THAT WOULD BE ULTIMATELY SUSTAINED. THE PORTION OF THE BENEFITS ASSOCIATED WITH THE TAX POSITIONS TAKEN THAT EXCEEDS THE AMOUNT MEASURED AS PREVIOUSLY DESCRIBED IS REFLECTED AS A LIABILITY FOR UNRECOGNIZED TAX BENEFITS IN THE ACCOMPANYING CONSOLIDATED STATEMENTS OF FINANCIAL POSITION AND INCLUDES, WHERE APPLICABLE, ACCRUED INTEREST AND/OR PENALTIES ATTRIBUTABLE TO THE UNRECOGNIZED TAX BENEFITS. THE COMPANIES RECOGNIZE THE TAX BENEFITS FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE-LIKELY-THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS CONCLUDED THAT THE COMPANIES HAVE NOT TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN ITS CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: NET EARNINGS IN INVESTMENTS IN SUBSIDIARIES -13,758. X 0 1 X X X 0 0 0 HEATHER C BRICCETTI ESQ PRESIDENT & CEO 345701 0 35000 0 0 0 7950 0 14198 0 402849 0 0 0 SUZANNE M JENSEN CPA CFO/DIRECTOR OF HR 193462 0 0 0 0 0 5700 0 9329 0 208491 0 0 0 KENNETH POKALSKY VICE PRESIDENT 209330 0 0 0 0 0 6405 0 12422 0 228157 0 0 0 DARREN SUAREZ DIRECTOR OF GOVERNMENT AFFAIRS 155290 0 0 0 0 0 4481 0 3633 0 163404 0 0 0 LEV GINSBURG DIRECTOR OF GOVERNMENT AFFAIRS 150122 0 0 0 0 0 4499 0 3600 0 158221 0 0 0 PART I, LINE 1A PART 1, LINE 1B: THE PRESIDENT/CEO IS REQUIRED TO PRESENT DOCUMENTATION AND REIMBURSE THE ORGANIZATION FOR ANY PERSONAL COSTS RELATED TO THESE ACTIVITIES. FORM 990, PART VI, SECTION A, LINE 2 MELANIE W. LITTLEJOHN AND MICHAEL V. LITTLEJOHN HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 THE BUSINESS COUNCIL HAS A SINGLE CLASS OF DUES-PAYING MEMBERS. ALL MEMBERS ARE ENTITLED TO THE SAME BENEFITS AND HAVE ACCESS TO ALL MEMBER SERVICES. DUES ARE BASED UPON THE NUMBER OF FULL TIME NEW YORK STATE EMPLOYEES. FORM 990, PART VI, SECTION A, LINE 7A BUSINESS COUNCIL MEMBERS ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING OF THE MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7B THE NOMINATING/GOVERNANCE COMMITTEE (PART OF THE GOVERNING BODY) RECOMMENDS NOMINEES FOR THE BOARD. THE MEMBERSHIP ELECTS THE BOARD AT THE ANNUAL MEETING OF THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS DISTRIBUTED TO THE FULL BOARD FOR THEIR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES AND MEMBERS OF THE BOARD OF DIRECTORS RECERTIFY THEIR UNDERSTANDING AND ACCEPTANCE OF THE POLICY EACH YEAR BY SUBMITTING A NEW SIGNED ACKNOWLEDGEMENT OF THE POLICY EVERY JANUARY. FORM 990, PART VI, SECTION B, LINE 15A A COMPENSATION COMMITTEE, AS A SUBSET OF THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS, DETERMINES COMPENSATION FOR THE PRESIDENT/CEO EACH YEAR AFTER A REVIEW OF THE PRIOR YEAR'S FINANCIALS, OTHER BUSINESS GOALS AND COMPENSATION SURVEY DATA FROM COMPARABLE ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY IS OPEN TO THE PUBLIC UPON REQUEST. THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE OPEN TO BUSINESS COUNCIL MEMBERS AND MEMBERS OF THE BOARD OF DIRECTORS UPON REQUEST. FORM 990, PART XI, LINE 9: DEFINED BENEFIT PLAN CHANGES 781,143. NET EARNINGS IN INVESTMENTS IN SUBSIDIARIES -13,758. FORM 990, PART XII, LINE 2C: THE OVERSIGHT AND SELECTION PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE PUBLIC POLICY INSTITUTE OF NEW YORK STATE INC 12 CORPORATE WOODS BLVD ALBANY NY 122112390 222235025 CONDUCT RESEARCH & ENCOURAGE STUDY OF BUSINESS POLICIES IN NYS. NY 501(C)3 170(B)(1)(A)(VI) N/A 0 NEW YORK JOBS NOW INC 12 CORPORATE WOODS BLVD ALBANY NY 122112390 460813946 ADVOCATING FOR JOB CREATION NY 501(C)4 BUSINESS COUNCIL OF NEW YORK STATE INC 1 JOBS NEW YORK COMMITTEE 12 CORPORATE WOODS BLVD ALBANY NY 122112390 460739659 ADVOCATING FOR THE ELECTION OF PRO-JOBS CANDIDATES NY 527 BUSINESS COUNCIL OF NEW YORK STATE INC 1 THE BUSINESS COUNCIL PAC INC 12 CORPORATE WOODS BLVD ALBANY NY 122112390 141585259 NON-PARTISAN POLITICAL ACTION COMMITTEE NY 527 N/A 0 THE BUSINESS COUNCIL SERVICE CORPORATION 12 CORPORATE WOODS ALBANY NY 12211 141460520 MARKETING SERVICES RELATED TO LINES OF INSURANCE OFFERED BY INSURANCE FUND NY BUSINESS COUNCIL OF NEW YORK STATE INC C 779683 294143 1.00000 1 THE BUSINESS COUNCIL WORKERS' COMPENSATION ADMINISTRATORS INC 12 CORPORATE WOODS ALBANY NY 12211 141787162 MARKETING SERVICES FOR A WORKERS COMPENSATION SAFETY GROUP. NY BUSINESS COUNCIL OF NEW YORK STATE INC C 45658 1.00000 1 BUSINESS COUNCIL OF NEW YORK STATE INSURANCE FUND 12 CORPORATE WOODS ALBANY NY 12211 146034807 PROVIDING VARIOUS INSURANCE COVERAGES THROUGH GROUP POLICIES NY BUSINESS COUNCIL OF NEW YORK STATE INC C 2500000 9700000 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 THE BUSINESS COUNCIL OF NYS INSURANCE FUND O 1455092 ALLOCATION THE BUSINESS COUNCIL OF NYS INSURANCE FUND N 93900 ALLOCATION THE BUSINESS COUNCIL OF NYS INSURANCE FUND Q 185648 ACTUAL EXPENSE THE BUSINESS COUNCIL SERVICE CORPORATION O 629267 ALLOCATION THE BUSINESS COUNCIL SERVICE CORPORATION Q 113670 ACTUAL EXPENSE