2025-10-17T12:44:09-05:00 2024-12-31 872525370 CITRIN COOPERMAN ADVISORS LLC 180 PARK AVENUE SUITE 200 FLORHAM PARK NJ 07932 990 2024-01-01 130594020 NEW YORK COMPENSATION INSURANCE RATING BOARD NEWY 2126973535 875 THIRD AVENUE 8TH FLOOR NEW YORK NY 10022 VINCENT LICAUSE VP FINANCE AND ADMIN 2126973535 2025-10-08 1 1 MONIKA YADAV P01473820 9732180500 2025-10-06 2024 2025-03-06 01:10:19Z VINCENT LICAUSE 875 THIRD AVENUE 8TH FLOOR NEW YORK NY 10022 26866877 0 X WWW.NYCIRB.ORG X 1914 NY THE NEW YORK COMPENSATION INSURANCE RATING BOARD (THE "BOARD") IS A RATE-SERVICE ORGANIZATION LICENSED BY THE NEW YORK STATE DEPARTMENT OF FINANCIAL SERVICES PURSUANT TO THE NEW YORK STATE INSURANCE LAW. THE BOARD COLLECTS AND COMPILES STATISTICAL DATA USED FOR THE DEVELOPMENT OF PRICING VALUES AND CLASSIFICATIONS, RATING PLANS, AND FORMS OF COVERAGE, SUBJECT TO APPROVAL BY THE NEW YORK STATE SUPERINTENDENT OF FINANCIAL SERVICES. 9 9 98 0 0 0 309000 0 22778518 24852389 414122 583998 0 2291 23501640 25438678 0 0 0 0 15385805 14998263 0 0 0 7836184 9172006 23221989 24170269 279651 1268409 53105680 53297096 45541098 40768405 7564582 12528691 X THE NEW YORK COMPENSATION INSURANCE RATING BOARD (THE "BOARD") IS A RATE-SERVICE ORGANIZATION LICENSED BY THE NEW YORK STATE DEPARTMENT OF FINANCIAL SERVICES PURSUANT TO THE NEW YORK STATE INSURANCE LAW. THE BOARD COLLECTS AND COMPILES STATISTICAL DATA USED FOR THE DEVELOPMENT OF PRICING VALUES AND CLASSIFICATIONS, RATING PLANS, AND FORMS OF COVERAGE, SUBJECT TO APPROVAL BY THE NEW YORK STATE SUPERINTENDENT OF FINANCIAL SERVICES. 0 0 TO COLLECT LOSS, PREMIUM AND PAYROLL DATA FROM CARRIERS, SUMMARIZE AND ANALYZE THE DATA, AND DEVELOP AN ADEQUATE PRICING STRUCTURE FOR WORKERS COMPENSATION INSURANCE CARRIERS IN NEW YORK STATE FOR SUBMISSION TO THE NEW YORK STATE DEPARTMENT OF FINANCIAL SERVICES. THE RATING BOARD ALSO CONDUCTS ACTUARIAL RESEARCH FOR THE BENEFIT OF THE NEW YORK STATE WORKERS' COMPENSATION MARKETPLACE AND STAKEHOLDERS. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 1 98 1 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X VINCENT LICAUSE 2126973535 875 THIRD AVENUE 8TH FLOOR NEW YORK NY 10022 NYS WORKERS' COMPENSATION BOARD INSTITUTIONAL TRUSTEE 5.00 X 0 0 0 NYS AFL-CIO INSTITUTIONAL TRUSTEE 5.00 X 0 0 0 NYS BUSINESS COUNCIL INSTITUTIONAL TRUSTEE 5.00 X 0 0 0 NYS DEPT OF FINANACIAL SERVICES INSTITUTIONAL TRUSTEE 5.00 X 0 0 0 THE NY STATE INSURANCE FUND INSTITUTIONAL TRUSTEE 5.00 X 0 0 0 AMERICAN HOME ASSURANCE COMPANY INSTITUTIONAL TRUSTEE 5.00 X 0 0 0 HARTFORD ACCIDENT & INDEMNITY CO INSTITUTIONAL TRUSTEE 5.00 X 0 0 0 TECHNOLOGY INSURANCE CO INC INSTITUTIONAL TRUSTEE 5.00 X 0 0 0 TRAVELERS INDEMNITY CO INSTITUTIONAL TRUSTEE 5.00 X 0 0 0 JEREMY ATTIE PRESIDENT/CEO 40.00 X 677562 0 15523 ZIV KIMMEL SR. VICE PRESIDENT 40.00 X 437391 0 60702 MITCHELL TENZER VICE PRESIDENT OF IT 40.00 X 267418 0 49490 VINCENT LICAUSE VICE PRESIDENT OF FINANCE & ADMIN. 40.00 X 235111 0 24652 SUSIE PATRICIELLO VICE PRESIDENT OF HR 40.00 X 208484 0 8585 MARK BATTISTELLI VICE PRESIDENT OF UNDERWRITING 40.00 X 237483 0 53256 DAVE KNIGHT VICE PRESIDENT OF OPERATIONS 40.00 X 256413 0 70253 GUO HARRISON DIRECTOR OF ACTUARIAL PRODUCTION 40.00 X 332997 0 37115 BENJAMIN T WITKOWSKI DIRECTOR OF ACTUARIAL ANALYTICS 40.00 X 312766 0 77204 GAETANO DALESSIO DEVELOPER MANAGER/SOLUTION 40.00 X 196699 0 47014 CHENJUN MOHIN ACTUARIAL MANAGER 40.00 X 196897 0 36591 NASIM SHAMAILOV MGR. N/W & DESKTOP INFRASTRUCTURE 40.00 X 182525 0 34419 3541746 0 514804 30 0 1 0 SLALOM INC PO BOX 101416 PASADENA CA 91189 IT CONSULTING 3072471 EVENSONBEST 55 5TH AVENUE NEW YORK NY 10003 RELOCATION MGMT SVCS 642554 SPECTRUM PARTNERS LLC SUITE 450 EDINA MN 55435 IT CONSULTING 575000 FARRAGUT 2775 MERIDAN PKWY DURHAN NC 27713 IT CONSULTING 378940 AMERICAN INFO SYSTEMS LLC 517 ROUTE 1 SOUTH ISELIN NJ 08830 IT CONSULTING 359644 11 PROVISIONAL ASSESSMENTS 900099 21034776 21034776 OVERDUE REPORT FEES 900099 2975163 2975163 OTHER FEES 900099 531100 531100 MEMBERSHIP DUES 900099 311350 311350 24852389 443155 443155 1569042 1428199 140843 140843 140843 2291 2291 2291 25438678 24852389 0 586289 2602323 7458865 1695477 2445854 795744 184587 167990 53502 669641 340460 2041550 4137254 78090 295898 467832 193729 DUES AND SUBSCRIPTIONS 321198 REPAIRS AND MAINTENANCE 153554 RELOCATION EXPENSES 65674 1047 24170269 7091612 6240838 716026 718748 2058434 1061717 5009764 2209653 2171218 2800111 11424661 11374407 976382 5269508 28667347 25831767 53105680 53297096 2026771 1521054 43514327 39247351 45541098 40768405 X 7564582 12528691 7564582 12528691 53105680 53297096 X 1268409 147322 3548378 X 0 1 X 1 0 0 1 0 2778688 1207962 1570726 971078 821691 149387 1259998 180000 1079998 2800111 OPERATING LEASE RIGHT OF USE ASSET 23793812 RESTRICTED CASH - SECURITY DEPOSIT 2037955 25831767 OPERATING LEASE LIABILITIES 27333935 ACCRUED POSTRETIREMENT HEALTH AND OTHER BENEFITS 6949998 ACCRUED PENSION COST 4740918 CONTRACT LIABILITIES 222500 39247351 X 25532498 147322 147322 25385176 53502 53502 25438678 24116767 0 24116767 53502 53502 24170269 PART X, LINE 2: MANAGEMENT HAS EVALUATED THE RATING BOARD'S TAX POSITIONS AND BELIEVES THAT THE RATING BOARD HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS. X X X X X 0 0 0 JEREMY ATTIE PRESIDENT/CEO 527562 0 150000 0 0 0 12912 0 2611 0 693085 0 0 0 ZIV KIMMEL SR. VICE PRESIDENT 347391 0 90000 0 0 0 10939 0 49763 0 498093 0 0 0 BENJAMIN T WITKOWSKI DIRECTOR OF ACTUARIAL ANALYTICS 273116 0 39650 0 0 0 37255 0 39949 0 389970 0 0 0 GUO HARRISON DIRECTOR OF ACTUARIAL PRODUCTION 293347 0 39650 0 0 0 35386 0 1729 0 370112 0 0 0 DAVE KNIGHT VICE PRESIDENT OF OPERATIONS 224643 0 31770 0 0 0 30964 0 39289 0 326666 0 0 0 MITCHELL TENZER VICE PRESIDENT OF IT 213527 0 53891 0 0 0 9488 0 40002 0 316908 0 0 0 MARK BATTISTELLI VICE PRESIDENT OF UNDERWRITING 211896 0 25587 0 0 0 25661 0 27595 0 290739 0 0 0 VINCENT LICAUSE VICE PRESIDENT OF FINANCE & ADMIN. 208493 0 26618 0 0 0 10838 0 13814 0 259763 0 0 0 GAETANO DALESSIO DEVELOPER MANAGER/SOLUTION 175638 0 21061 0 0 0 7978 0 39036 0 243713 0 0 0 CHENJUN MOHIN ACTUARIAL MANAGER 172750 0 24147 0 0 0 9445 0 27146 0 233488 0 0 0 SUSIE PATRICIELLO VICE PRESIDENT OF HR 186656 0 21828 0 0 0 7594 0 991 0 217069 0 0 0 NASIM SHAMAILOV MGR. N/W & DESKTOP INFRASTRUCTURE 164525 0 18000 0 0 0 6840 0 27579 0 216944 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION WAS FORMED AS A MEMBERSHIP ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT THE PRIVATE CARRIER REPRESENTATIVES OF THE BOARD OF GOVERNORS, NOMINATING COMMITTEE, UNDERWRITING COMMITTEE, AND ACTUARIAL COMMITTEE. FORM 990, PART VI, SECTION A, LINE 7B ANY CHANGES TO THE CONSTITUTION RECOMMENDED BY THE BOARD REQUIRES THE APPROVAL OF THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS EMAILED TO THE ADMINISTRATION COMMITTEE, WHICH IS A SUBCOMMITTEE OF THE BOARD OF GOVERNORS, FOR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS OF THE BOARD OF GOVERNORS AND COMMITTEES MUST ANNUALLY SIGN A CODE OF ETHICS AND STANDARDS OF PROFESSIONAL CONDUCT STATEMENT, WHICH IS KEPT ON FILE AT THE RATING BOARD'S OFFICE. AT EACH BOARD MEETING, THE NYCIRB PRESIDENT RECITES THE ANTITRUST COMPLIANCE POLICY STATEMENT. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF GOVERNORS APPROVES THE NYCIRB'S ANNUAL OVERALL BUDGET, WHICH INCLUDES THE ORGANIZATION'S SALARY BUDGET. THE BOARD OF GOVERNORS HAS DELEGATED THE DETERMINATION OF THE COMPENSATION FOR THE PRESIDENT AND CEO, AS WELL AS THE CHIEF ACTUARY, TO THE ADMINISTRATION COMMITTEE, WHICH IS A SUBCOMMITTEE OF THE BOARD OF GOVERNORS. AN INDEPENDENT COMPENSATION CONSULTANT PREPARES COMPENSATION BENCHMARKING MATERIAL AND REPORTS DATA TO THE ADMINISTRATION COMMITTEE ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE ON THE NYCIRB'S WEBSITE. THE ORGANIZATION'S CODE OF ETHICS AND STANDARDS OF PROFESSIONAL CONDUCT STATEMENT, THE ANTITRUST COMPLIANCE POLICY STATEMENT, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: ADJUSTMENTS TO UNRESTRICTED NET ASSETS: -PENSION RELATED CHANGES - OTHER THAN PERIODIC COSTS -308,003. OTHER ADJUSTMENTS: -PENSION RELATED CHANGES - PERIODIC CREDIT 1,900,523. -POSTRETIREMENT - NET PERIODIC CREDIT 1,955,858.