2018-11-08T15:20:24-06:00 2017-12-31 141442607 BST & CO CPAS LLP 26 COMPUTER DRIVE WEST ALBANY NY 12205 990 2017-01-01 132928479 LIFE INSURANCE COUNCIL OF NEW YORK INC LIFE 5184368417 111 WASHINGTON AVENUE NO 300 ALBANY NY 12210 MARY A GRIFFIN PRESIDENT & CEO 5184368417 2018-11-08 1 JUDY A CAHEE P00281935 5184596700 2018-11-08 24.213.242.82 2018-11-08 08:01:11 ES P 7DB8B457BFFD72A463AA8D24E38B33A6CC5CD7A4 EAE8988B22581D35C855AA25424C1101E16CEF4F 2017 2019-02-21 02:37:17Z MARY A GRIFFIN 111 WASHINGTON AVENUE NO 300 ALBANY NY 12210 4966414 0 X WWW.LICONY.ORG X 1977 NY SEE SCHEDULE O 16 16 11 16 0 0 5055100 0 0 4509462 57768 71091 203722 37499 5316590 4618052 0 42041 0 0 3153501 1890223 0 0 0 1742576 913899 4896077 2846163 420513 1771889 3310539 4416380 2564761 1933130 745778 2483250 X TO CREATE AND MAINTAIN A LEGISLATIVE, REGULATORY, AND JUDICIAL ENVIRONMENT IN THE STATE OF NEW YORK THAT ENCOURAGES THE MEMBERS OF LIFE INSURANCE COUNCIL OF NEW YORK (LICONY) TO CONDUCT AND GROW THEIR LIFE INSURANCE BUSINESS. 0 0 SEE SCHEDULE O. 0 0 1 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 14 0 1 11 1 0 0 0 0 1 0 0 X 16 16 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X LINDA NUSBAUM 5184368417 111 WASHINGTON AVENUE NO 300 ALBANY NY 12210 SHEILA K DAVIDSON CHAIR 1.00 0.00 X X 0 0 0 DAVE S HATTEM CHAIR-ELECT 1.00 0.00 X X 0 0 0 FREDERICK L WORTMAN SECRETARY-TREASURER 1.00 0.00 X X 0 0 0 TIMOTHY A WALSH PAST CHAIR 1.00 0.00 X X 0 0 0 CONNIE ANDERSON DIRECTOR 1.00 0.00 X 0 0 0 PATRICK J CARTY DIRECTOR 1.00 0.00 X 0 0 0 DOUG CALDWELL DIRECTOR 1.00 0.00 X 0 0 0 SUE ANN COLLINS DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL FERIK DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL C FOSBURY DIRECTOR 1.00 0.00 X 0 0 0 JOHN R GREED DIRECTOR 1.00 0.00 X 0 0 0 KEITH M O'REILLY DIRECTOR 1.00 0.00 X 0 0 0 BROOKS E TINGLE DIRECTOR 1.00 0.00 X 0 0 0 DAVID J WALSH DIRECTOR 1.00 0.00 X 0 0 0 PATRICIA J WALSH DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL A ZARCONE DIRECTOR 1.00 0.00 X 0 0 0 MARY A GRIFFIN PRESIDENT & CEO 40.00 1.00 X 633708 0 55345 DIANE STUTO MANAGING DIR., LEGIS. & REG. AFFAIRS 40.00 1.50 X 424558 0 43870 LINDA M NUSBAUM DIRECTOR, OPERATIONS 40.00 1.00 X 143408 0 17106 ANDREW J RUSH DIRECTOR, COMMUNICATIONS 40.00 0.00 X 128085 0 18977 KATHERINE B SCHWENKER DIRECTOR & COUNSEL 40.00 0.00 X 185329 0 22922 MARY C SANFORD EXECUTIVE ASSISTANT 40.00 0.00 X 102353 0 16554 1617441 0 174774 6 0 1 0 GREENBERG TRAURIG LLP 54 STATE STREET 6TH FLOOR ALBANY NY 12207 LEGAL & CONSULTING 132472 1 MEMBERSHIP DUES 900099 4307682 4307682 CONFERENCES/MEETINGS 900099 201780 201780 4509462 71091 71091 385861 348362 37499 37499 37499 4618052 4509462 0 108590 42041 1673308 138331 -14867 6370 87081 85107 97740 33024 21114 71915 74665 218923 12782 OUTSIDE CONSULTANTS 218534 BOOKS AND PUBLICATIONS 27421 CLUB AND MEMBERSHIP DUE 16565 EQUIPMENT RENTAL 11241 24868 2846163 594312 460706 1152681 2247229 100120 17611 69040 115825 75355 53252 40470 1492683 1498815 3310539 4416380 462401 354498 547082 354830 1555278 1223802 2564761 1933130 X 745778 2483250 745778 2483250 3310539 4416380 X 1771889 -20077 -14340 X X 0 1 X 1 0 3284 0 3284 0 3284 1 LIFE INSURANCE COUNCIL OF NEW YORK PAC 111 WASHINGTON AVENUE NO 300 ALBANY NY 12210 133048884 10000 0 0 0 4307682 736248 736248 1249228 -512980 PART I-A, LINE 1: CONTRIBUTIONS TO CAMPAIGN COMMITTEES AND HOSTING FUNDRAISERS FOR CANDIDATES. THE ORGANIZATION ALSO ALLOCATES A PORTION OF ELIGIBLE MEMBER DUES TO A SEPERATE SEGREGATED FUND, AND PROMPTLY AND DIRECTLY TRANSFERS THEM TO THAT FUND. 66774 32696 34078 49051 42659 6392 40470 TENANT SECURITY DEPOSIT 69120 ACCRUED PENSION 535002 LOSS LIABILITY 619680 1223802 X 4546136 -20077 -14340 -34417 4580553 37499 37499 4618052 2808664 -37499 -37499 2846163 0 2846163 PART X, LINE 2: 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 STATEMENTS OF FINANCIAL POSITION AND INCLUDES, WHERE APPLICABLE, ACCRUED INTEREST AND/OR PENALTIES ATTRIBUTABLE TO THE UNRECOGNIZED TAX BENEFITS. LICONY RECOGNIZES THE TAX BENEFITS FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE-LIKELY-THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED IN EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS CONCLUDED THAT LICONY HAS NOT TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN ITS FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: PENSION RELATED CHANGES OTHER THAN NET PERIODIC PENSION COST -14,340. PART XI, LINE 4B - OTHER ADJUSTMENTS: NET RENTAL ACTIVITY 37,499. PART XII, LINE 2D - OTHER ADJUSTMENTS: NET RENTAL ACTIVITY -37,499. 0 NYS DEMOCRATIC ASSEMBLY CAMPAIGN COMMITTEE 107 WASHINGTON AVENUE SUITE 1LL ALBANY NY 12210 133041656 527 9000 HOUSEKEEPING ACCOUNT NYS SENATE REPUBLICAN CAMPAIGN COMMITTEE 152 WASHINGTON AVENUE SUITE 200 ALBANY NY 12210 141753654 527 9000 HOUSEKEEPING ACCOUNT X X X 0 0 0 MARY A GRIFFIN PRESIDENT & CEO 528708 0 105000 0 0 0 13500 0 41845 0 689053 0 0 0 DIANE STUTO MANAGING DIR., LEGIS. & REG. AFFAIRS 386358 0 38200 0 0 0 13500 0 30370 0 468428 0 0 0 LINDA M NUSBAUM DIRECTOR, OPERATIONS 130408 0 13000 0 0 0 6500 0 10606 0 160514 0 0 0 KATHERINE B SCHWENKER DIRECTOR & COUNSEL 180529 0 4800 0 0 0 9000 0 13922 0 208251 0 0 0 FORM 990, PART I, LINE 1: TO CREATE AND MAINTAIN A LEGISLATIVE, REGULATORY, AND JUDICIAL ENVIRONMENT IN THE STATE OF NEW YORK THAT ENCOURAGES THE MEMBERS OF LIFE INSURANCE COUNCIL OF NEW YORK (LICONY) TO CONDUCT AND GROW THEIR LIFE INSURANCE BUSINESS. FORM 990, PART III, LINE 4A: LICONY ACHIEVES ITS OBJECTIVE OF PROMOTING THE COMMON BUSINESS INTERESTS OF MEMBER COMPANIES AND EFFECTUATING POSITIVE CHANGES FOR THE LIFE INSURANCE INDUSTRY THROUGH LEGISLATIVE AND REGULATORY ADVOCACY ON BEHALF OF THE INDUSTRY, ORGANIZING MEETINGS, SEMINARS, AND CONFERENCES IN WHICH ALL MEMBERS PARTICIPATE AND BY ISSUING PERIODIC REPORTS TO MEMBERS OF TRENDS AND DEVELOPMENTS AFFECTING THE LIFE INSURANCE INDUSTRY IN NEW YORK STATE. FORM 990, PART VI, SECTION A, LINE 6 LICONY IS MADE UP OF MEMBERS (LIFE INSURERS AND ALLIED PROFESSIONAL FIRMS) WHO ARE ASSESSED MEMBERSHIP DUES EACH YEAR AS OF 12/31/17. THE ORGANIZATION HAD 58 MEMBER COMPANIES, 21 ASSOCIATE MEMBERS AND 20 ALLIED PROFESSIONAL MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNING BODY(BOARD) IS ELECTED BY THE MEMBERSHIP AT THE ANNUAL MEETING OF THE MEMBERSHIP HELD IN DECEMBER EACH YEAR. FORM 990, PART VI, SECTION A, LINE 7B YES. APPROVAL OF ANNUAL BUDGET, ELECTION OF DIRECTORS, APPOINTMENT OF BOARD AND STAFF OFFICERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM WITH INFORMATION PROVIDED BY STAFF AND REVIEWED THOROUGHLY BY INTERNAL MANAGEMENT PRIOR TO FILING. THE BOARD IS ADVISED OF THE FILING AND THE AVAILABILITY, ON REQUEST, OF COPIES OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C EACH STAFF PERSON IS REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT WHICH IS KEPT IN THE ORGANIZATION'S FILES. DIRECTORS ARE REQUESTED TO SIGN A CONFLICT OF INTEREST STATEMENT AT THE BEGINNING OF EACH CALENDAR YEAR. THIS IS ALSO KEPT ON FILE. FORM 990, PART VI, SECTION B, LINE 15 PROPOSALS FOR COMPENSATION ARE DEVELOPED ANNUALLY BY THE PRESIDENT & CEO IN CONSULTATION WITH GOUGH MANAGEMENT CONSULTANTS (GMC). GMC CONDUCTS A REVIEW OF COMPARABLE JOB DESCRIPTIONS AND PAY GRADES TO PROVIDE GUIDANCE TO THE PRESIDENT & CEO. MORE DETAILED SURVEYS AND EXTENSIVE REVIEWS AND ANALYSES ARE CONDUCTED PERIODICALLY. THE PRESIDENT'S RECOMMENDATIONS ARE CONSIDERED BY THE BUDGET COMMITTEE WHICH IN TURN RECOMMENDS THE COMPENSATION LEVELS TO THE BOARD FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES COPIES OF ITS GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS UPON REQUEST. FORM 990, PART XI, LINE 9: PENSION RELATED CHANGES OTHER THAN NET PERIODIC PENSION COST -14,340. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS NOR ITS SELECTION PROCESS DURING THE CURRENT TAX YEAR. LIFE INSURANCE COUNCIL OF NEW YORK PAC 111 WASHINGTON AVENUE NO 300 ALBANY NY 12210 POLITICAL ATIVITY NY 527 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0