2015-07-01T12:43:33-05:00 2014-12-31 420714325 MCGLADREY LLP 1185 AVENUE OF THE AMERICAS NEW YORK NY 100362602 990 2014-01-01 222937521 EXCESS LINE ASSOCIATION OF NEW YORK EXCE 6462925500 ONE EXCHANGE PLAZA 55 BROADWAY NO 2900 NEW YORK NY 10006 DANIEL MAHER EXECUTIVE DIRECTOR 6462925500 2015-07-01 1 MARTIN GREIF P00029738 2123721000 2014 2016-02-25 16:41:14Z DANIEL MAHER ONE EXCHANGE PLAZA 55 BROADWAY NO 2900 NEW YORK NY 10006 7205611 0 X WWW.ELANY.ORG X 1988 NY IT IS AN INSURANCE ADVISORY ASSOCIATION CHARGED WITH THE DUTY TO FACILITATE AND ENCOURAGE COMPLIANCE WITH THE EXCESS LINE LAW. 10 10 33 10 0 0 0 0 5951479 6933640 256121 271971 0 0 6207600 7205611 40000 40000 0 0 2600886 2987261 0 0 0 1909686 1894851 4550572 4922112 1657028 2283499 21049782 23426296 764420 847391 20285362 22578905 TO REVIEW AND STAMP DOCUMENTS AS REQUIRED BY CHAPTER 630 OF THE NYS INSURANCE LAW OF 1988. 0 0 THE ASSOCIATION REVIEWS, RECORDS AND STAMPS EXCESS LINE INSURANCE DOCUMENTS REQUIRED TO BE SUBMITTED UNDER NEW YORK INSURANCE LAW. 0 0 0 0 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 0 0 0 1 10 0 1 33 1 0 0 0 0 0 0 X 10 10 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 0 0 0 0 X NANCY BORN 6462925500 55 BROADWAY 29TH FL NEW YORK NY 10006 X JOSEPH F CALIGIURI DIRECTOR 1.00 X 0 0 0 GARY A HOLLEDERER CHAIRMAN 1.00 X X 0 0 0 JOHN A BUCKLEY TREASURER 1.00 X X 0 0 0 LANCE BECKER SECRETARY 1.00 X X 0 0 0 DAVID ISENBERG DIRECTOR 1.00 X 0 0 0 JANET PANE VICE CHAIRMAN 1.00 X X 0 0 0 DONALD PRIVETT DIRECTOR 1.00 X 0 0 0 ROBERT SHAPIRO DIRECTOR 1.00 X 0 0 0 KEVIN MCGILL DIRECTOR 1.00 X 0 0 0 JAMES RICHARDSON DIRECTOR 1.00 X 0 0 0 DANIEL F MAHER EXECUTIVE DIRECTOR 40.00 X 322760 0 70566 NANCY BORN DIRECTOR OF OPERATIONS 40.00 X 177174 0 54277 BRAMDEO PERSAUD DIRECTOR OF IT 40.00 X 159200 0 51348 THERESA HETHERINGTON STAMPING OFFICE MANAGER 40.00 X 123687 0 32263 SHARON PEREIRA MARKS FINANCIAL DIRECTOR 40.00 X 149157 0 24744 EUGENE NUNZIATA EDUCATION/COMMUNICATIONS DIRECTOR 40.00 X 127522 0 24553 1059500 0 257751 6 0 1 0 ANDERSON KILL PC 1251 AVENUE OF THE AMERICAS NEW YORK NY 10020 LEGAL FEES 156841 1 STAMPING FEES 900099 6933640 6933640 6933640 271971 271971 7205611 6933640 0 271971 40000 390128 1976100 127186 318411 175436 292714 49955 33443 147878 170609 468959 59673 191475 73657 98027 REPAIRS AND MAINTENANCE 97251 DUES & SUBSCRIPTIONS 82223 MEMBERS' EDUCATION 76607 DOCUMENT STORAGE & RETR 2891 49489 4922112 555237 637009 1823546 632577 554073 634328 181499 123497 7276640 6709067 100202 567573 17237688 20197732 597537 633580 21049782 23426296 302082 355157 462338 492234 764420 847391 X 20285362 22578905 20285362 22578905 21049782 23426296 2283499 10044 0 X 0 1 X 1 0 94036 90010 4026 6773277 6223153 550124 409327 395904 13423 567573 DEFERRED RENT 110269 DEFERRED COMPENSATION 381965 492234 X 7215655 10044 10044 7205611 0 7205611 4922112 0 4922112 0 4922112 PART X, LINE 2: THE ASSOCIATION IS CLASSIFIED AS A NONPROFIT ASSOCIATION UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, IS EXEMPT FROM INCOME TAXES. MANAGEMENT EVALUATED THE ASSOCIATION'S TAX POSITIONS FOR ALL OPEN YEARS AND HAS CONCLUDED THAT THE ASSOCIATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. GENERALLY, THE ASSOCIATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL TAX AUTHORITIES FOR YEARS BEFORE 2011, WHICH IS THE STANDARD STATUTE OF LIMITATIONS LOOK-BACK PERIOD. 1 INSURANCE INDUSTRY CHARITABLE FOUNDATION 2121 N CALIFORNIA BLVD STE 555 WALNUT CREEK CA 94596 201240972 501(C)(3) 15000 SUPPORT FOR THE INSURANCE INDUSTRY FOOD BANK OF WESTERN NEW YORK INC 91 HOLT STREET BUFFALO NY 14206 222470820 501(C)(3) 8300 RELIEF FOR COUNTY AFFECTED BY SERIOUS SNOW STORMS FOODLINK INC 1999 MT READ BOULEVARD ROCHESTER NY 14615 222428304 501(C)(3) 8300 RELIEF FOR COUNTY AFFECTED BY SERIOUS SNOW STORMS FOOD BANK OF CENTRAL NEW YORK 7066 INTERSTATE ISLAND ROAD SYRACUSE NY 13209 222816988 501(C)(3) 8400 RELIEF FOR COUNTY AFFECTED BY SERIOUS SNOW STORMS 4 0 PART I, LINE 2: THE ORGANIZATION GIVES GRANTS OVER $5,000 TO ORGANIZATIONS THAT ARE RECOGNIZED AS EXEMPT BY THE IRS UNDER 501(C)(3). THE EXECUTIVE DIRECTOR PROPOSES THE GRANT FUNDS IN THE U.S. AND THE BOARD APPROVES GRANT FUNDS AWARDED TO THE ORGANIZATIONS. X X 1 1 X 0 1 0 DANIEL F MAHER EXECUTIVE DIRECTOR 271802 0 35000 0 15958 0 35800 0 34766 0 393326 0 0 0 NANCY BORN DIRECTOR OF OPERATIONS 146582 0 15000 0 15592 0 29361 0 24916 0 231451 0 0 0 BRAMDEO PERSAUD DIRECTOR OF IT 138571 0 10000 0 10629 0 22984 0 28364 0 210548 0 0 0 THERESA HETHERINGTON STAMPING OFFICE MANAGER 107255 0 6000 0 10432 0 20026 0 12237 0 155950 0 0 0 SHARON PEREIRA MARKS FINANCIAL DIRECTOR 139055 0 10000 0 102 0 12064 0 12680 0 173901 0 0 0 EUGENE NUNZIATA EDUCATION/COMMUNICATIONS DIRECTOR 117420 0 10000 0 102 0 20145 0 4408 0 152075 0 0 0 PART I, LINE 1A IN SOME INSTANCES, THE ORGANIZATION PROVIDES FIRST-CLASS TRAVEL FOR THE EXECUTIVE DIRECTOR TO TRADE ASSOCIATION FUNCTIONS. THE ORGANIZATION ALSO PROVIDES TRAVEL FOR COMPANIONS TO ALL OFFICERS, DIRECTORS, AND SENIOR MANAGEMENT FOR TRAVEL TO THE ANNUAL BOARD MEETING. THESE BENEFITS ARE NOT TAXABLE COMPENSATION TO THESE INDIVIDUALS. PART I, LINE 4B THE FOLLOWING INDIVIDUALS PARTICIPATE IN A 457(F) DEFERRED COMPENSATION PLAN: DANIEL F. MAHER $15,000 NANCY BORN $15,000 THERESA HETHERINGTON $10,000 BRAMDEO PERSAUD $10,000 EUGENE NUNZIATA $10,000 FORM 990, PART VI, SECTION A, LINE 7A THE CHAIRMAN OF THE BOARD SHALL APPOINT A NOMINATING COMMITTEE, SUBJECT TO APPROVAL OF THE BOARD OF DIRECTORS, AT LEAST 90 DAYS BEFORE THE ANNUAL MEETING TO NOMINATE MEMBERS TO FILL THE EXPIRING TERMS OF DIRECTORS. THE RECOMMENDATIONS OF THE NOMINATING COMMITTEE SHALL BE ANNOUNCED AT LEAST 60 DAYS BEFORE THE ANNUAL MEETING, AND MEMBERS SHALL BE GIVEN 10 DAYS AFTER SUCH ANNOUNCEMENT TO MAKE ADDITIONAL NOMINATIONS OF MEMBERS WHO HAVE SIGNIFIED THEIR WILLINGNESS TO STAND FOR ELECTION BY PETITION SUPPORTED BY NO LESS THAN 10 MEMBERS. BALLOTS SHALL BE MAILED TO MEMBERS AT LEAST 30 DAYS PRIOR TO THE ANNUAL MEETING INDICATING THE NOMINATIONS BY THE NOMINATING COMMITTEE AND ANY ADDITIONAL NOMINATIONS BY PETITION. THE RESULT OF THE ELECTION SHALL BE COUNTED THE DAY PRIOR TO THE ANNUAL MEETING BY TELLERS APPOINTED BY THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B ANY CHANGES TO THE PLAN OF OPERATIONS MUST BE APPROVED IN ADVANCE BY THE NEW YORK STATE DEPARTMENT OF FINANCIAL SERVICES. FORM 990, PART VI, SECTION B, LINE 11 THE COPY OF THE FORM 990 IS BEING REVIEWED AND SIGNED BY THE EXECUTIVE DIRECTOR. IN ADDITION, THE FORM 990 IS PROVIDED TO THE ENTIRE BOARD BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY TO THE BOARD OF DIRECTORS AND MANAGERS. EACH YEAR THE QUESTIONNAIRE IS COMPLETED AND RETURNED TO BE REVIEWED BY THE CHAIRMAN OF THE BOARD. IN THE EVENT A CONFLICT EXISTS, THE INDIVIDUAL WITH THE CONFLICT MUST RECUSE HIMSELF/HERSELF FROM ANY DELIBERATION AND VOTING REGARDING THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY THE MEMBERS OF THE EXECUTIVE COMMITTEE, WHO PRESENTS THE FINAL DETERMINATION TO THE ENTIRE BOARD. THE CHAIRMAN OF THE BOARD THEN NOTIFIES THE DIRECTOR OF OPERATIONS BY EMAIL OF ANY CHANGE IN COMPENSATION FOR CHANGES TO THE PAYROLL. A COPY OF THE EMAIL BECOMES PART OF THE EXECUTIVE DIRECTOR'S PERSONNEL FILE. FOR OTHER KEY EMPLOYEES, THE DETERMINATION IS MADE BY THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE BOARD OF DIRECTORS SHALL, ONCE EACH YEAR, PROVIDE FOR AN INDEPENDENT AUDIT OF ALL THE BOOKS AND RECORDS OF THE ASSOCIATION AND A REPORT OF SUCH INDEPENDENT AUDIT SHALL BE MADE TO THE BOARD AND THE SUPERINTENDENT OF INSURANCE. COPIES OF SUCH REPORT SHALL BE MADE AVAILABLE TO EACH MEMBER TO REVIEW AT THE ASSOCIATION'S OFFICE. THE CONFLICT OF INTEREST POLICY IS NOT AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART VII, SECTION A: THE ORGANIZATION, IN A FULL TRANSPARENCY POSTURE TO REPORTING, IS REPORTING ALL BENEFITS IN FULL IN PART VII, COLUMN F AND NOT APPLYING THE $10,000 PER ITEM EXCEPTION FOR CERTAIN BENEFITS.