2018-05-11T10:19:49-05:00 2017-12-31 141442607 BST & CO CPAS LLP 26 COMPUTER DRIVE WEST ALBANY NY 12205 990 2017-01-01 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 2018-05-10 1 JUDY A CAHEE P00281935 5184596700 2018-05-10 2017 2022-09-23 18:48:47Z HEATHER BRICCETTI ESQ 111 WASHINGTON AVE ALBANY NY 12210 7215649 0 X WWW.BCNYS.ORG X 1980 NY PROMOTING ECONOMIC GROWTH AND DEVELOPMENT IN NEW YORK STATE 57 56 50 61 0 0 0 0 4532571 4916368 37457 28721 2083239 2270560 6653267 7215649 0 0 0 0 5501270 5661666 0 0 0 1761924 1723092 7263194 7384758 -609927 -169109 4517964 4536875 11525429 11328755 -7007465 -6791880 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 18 0 1 50 1 0 0 0 0 1 0 0 X 57 56 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 352121 0 22012 KAREN BOYKIN-TOWNS CO-CHAIR 1.00 0.00 X X 0 0 0 ERIC MOWER 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 MARISSA SHORENSTEIN 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 DENISE V GONICK 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 DONNA L DECAROLIS 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 KEN FITZPATRICK 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 ROGER A HANNAY DIRECTOR 1.00 0.00 X 0 0 0 GREGORY M HARDEN 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 DOLORES KRUCHTEN DIRECTOR 1.00 0.00 X 0 0 0 HENRY D KUYKENDALL 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 MITCHELL W MILLER DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL L MOSHER 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 STEPHEN OBERMAYER 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 DENNIS M RICHARDSON DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL RUSSO DIRECTOR 1.00 0.00 X 0 0 0 JAMES A SPITZ JR DIRECTOR 1.00 0.00 X 0 0 0 PAUL TAFFE DIRECTOR 1.00 0.00 X 0 0 0 KENNETH R THEOBALDS DIRECTOR 1.00 0.00 X 0 0 0 PATRICK TOOLE DIRECTOR 1.00 0.00 X 0 0 0 PHILIP R VAN HORNE DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL ZIMMER DIRECTOR 1.00 0.00 X 0 0 0 KENNETH DALY CFA DIRECTOR (RESIGNED 9/25/17) 1.00 0.00 X 0 0 0 HOWARD FOOTE DIRECTOR (RESIGNED 5/16/17) 1.00 0.00 X 0 0 0 DAN FRIEDEL DIRECTOR (RESIGNED 1/6/17) 1.00 0.00 X 0 0 0 MARK TEBBANO DIRECTOR (RESIGNED 9/25/17) 1.00 0.00 X 0 0 0 DR NANCY L ZIMPHER DIRECTOR (RESIGNED 6/30/17) 1.00 0.00 X 0 0 0 SUZANNE M JENSEN CPA CFO/DIRECTOR OF HR 37.00 6.00 X 196063 0 14996 KENNETH POKALSKY VICE PRESIDENT 39.00 0.50 X 210997 0 18568 DARREN SUAREZ DIRECTOR OF GOVERNMENT AFFAIRS 40.00 0.00 X 149534 0 7939 HOWARD BECKER VICE PRESIDENT OF MEMBERSHIP 35.00 0.00 X 123394 0 16685 MARK NAVIN DIRECTOR OF THE INSURANCE FUND 0.00 36.00 X 129989 0 7308 MARK AMODEO DIR. OF DEVELOPMENT & BOARD COMM. 35.00 2.50 X 126514 0 23189 LEV GINSBURG DIRECTOR OF GOVERNMENT AFFAIRS 36.00 0.00 X 144358 0 7824 1432970 0 118521 10 0 1 0 0 MEMBERSHIP DUES 900099 4398676 4398676 CONFERENCES/MEETINGS 900099 517692 517692 4916368 28721 28721 5800 0 5800 5800 5800 ADMINISTRATIVE FEES 561000 2259710 2259710 MISCELLANEOUS 900099 5050 5050 2264760 7215649 7181128 0 34521 814757 3056435 1163275 351714 275485 101816 117 35164 42150 1690 26910 143850 106263 338646 176621 366927 20243 69962 EQUIP MAINT. & RENTAL 106166 SUPPLIES/REF. MATERIALS 101234 ASSOCIATION DUES 50358 MISCELLANEOUS 20311 14664 7384758 1953347 1879346 266368 266534 293122 402135 37980 24649 98465 120068 242965 147503 95652 95462 1405020 1436954 368010 311727 4517964 4536875 279476 223013 66911 94298 11179042 11011444 11525429 11328755 X -7007465 -6791880 -7007465 -6791880 4517964 4536875 X -169109 5068 -24039 403665 X X 0 1 X 1 0 0 0 THE BUSINESS COUNCIL PAC INC 12 CORPORATE WOODS BLVD ALBANY NY 12211 141585259 45465 0 0 0 4398676 570347 570347 570347 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 4935 20422 217608 142568 75040 95462 CASH SURRENDER VALUE OF LIFE INSURANCE 99257 INVESTMENT IN SUBSIDIARIES 212470 311727 DEFERRED COMPENSATION 99257 ACCRUED PENSION COST 10744483 LEASE TERMINATION LIABILITY 167704 11011444 X 7196549 5068 -24168 -19100 7215649 0 7215649 7408797 24039 24039 7384758 0 7384758 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 -24,168. X 0 1 X X X 0 0 0 HEATHER C BRICCETTI ESQ PRESIDENT & CEO 327121 0 25000 0 0 0 7950 0 14062 0 374133 0 0 0 SUZANNE M JENSEN CPA CFO/DIRECTOR OF HR 186063 0 10000 0 0 0 5700 0 9296 0 211059 0 0 0 KENNETH POKALSKY VICE PRESIDENT 200997 0 10000 0 0 0 6180 0 12388 0 229565 0 0 0 DARREN SUAREZ DIRECTOR OF GOVERNMENT AFFAIRS 149534 0 0 0 0 0 4408 0 3531 0 157473 0 0 0 LEV GINSBURG DIRECTOR OF GOVERNMENT AFFAIRS 144358 0 0 0 0 0 4326 0 3498 0 152182 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 628,716. COSTS RELATING TO OFFICE CLOSURE -182,076. LOSS ON DISPOSAL OF FIXED ASSETS -18,807. NET EARNINGS IN INVESTMENTS IN SUBSIDIARIES -24,168. FORM 990, PART XII, LINE 2C: THE OVERSIGHT PROCESS 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 728790 266158 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 54462 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 2404351 6181693 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 1227475 ALLOCATION THE BUSINESS COUNCIL OF NYS INSURANCE FUND N 103164 ALLOCATION THE BUSINESS COUNCIL OF NYS INSURANCE FUND Q 151621 ACTUAL EXPENSE THE BUSINESS COUNCIL SERVICE CORPORATION O 572702 ALLOCATION THE BUSINESS COUNCIL SERVICE CORPORATION Q 115020 ACTUAL EXPENSE