NEW YORK BANKERS ASSOCIATION INC: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- NEW YORK BANKERS ASSOCIATION INC (EIN 13-1882974)
- Tax period
- 2019-05-01 to 2020-04-30
- Filed
- 2021-01-11
- IRS object ID
- 202140119349300449
- Schema version
- 2019v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-01-11T13:28:53-06:00 | ReturnTs |
| Tax Period End | 2020-04-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WITHUM SMITH BROWN PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 506 CARNEGIE CENTER STE 400 | AddressLine1Txt |
| City | PRINCETON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 085406243 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-05-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131882974 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW YORK BANKERS ASSOCIATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % DRUCILLA MAHABIR | InCareOfNm |
| Business Name Control | NEWY | BusinessNameControlTxt |
| Phone | 2122971669 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 99 PARK AVE FL 4 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100161502 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DRUCILLA MAHABIR | PersonNm |
| Person Title | CONTROLLER | PersonTitleTxt |
| Phone | 2122971669 | PhoneNum |
| Signature | 2021-01-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL D YARROW | PreparerPersonNm |
| PTIN | P00337781 | PTIN |
| Phone | 6095201188 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DRUCILLA MAHABIR | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 99 PARK AVE FL 4 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100161502 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $28,132,116 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.NYBA.COM | WebsiteAddressTxt |
| Type Of Organization Assoc | Yes (X) | TypeOfOrganizationAssocInd |
| Formation | 1894 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | NEW YORK BANKERS ASSOCIATION REPRESENTS COMMUNITY, REGIONAL AND MONEY CENTER COMMERCIAL BANKS AND THRIFT INSTITUTIONS IN NEW YORK STATE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 35 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 35 | VotingMembersIndependentCnt |
| Total Employee | 16 | TotalEmployeeCnt |
| Total Volunteers | 561 | TotalVolunteersCnt |
| Total Gross UBI | $7,500 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $5,915 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $3,397,816 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $4,788,982 | CYProgramServiceRevenueAmt |
| PY Investment Income | $4,760,540 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,793,303 | CYInvestmentIncomeAmt |
| PY Other Revenue | $7,500 | PYOtherRevenueAmt |
| CY Other Revenue | $7,500 | CYOtherRevenueAmt |
| PY Total Revenue | $8,165,856 | PYTotalRevenueAmt |
| CY Total Revenue | $6,589,785 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $7,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $9,000 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $3,460,873 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,395,441 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,969,262 | PYOtherExpensesAmt |
| CY Other Expenses | $2,831,440 | CYOtherExpensesAmt |
| PY Total Expenses | $6,437,135 | PYTotalExpensesAmt |
| CY Total Expenses | $6,235,881 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,728,721 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $353,904 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $30,855,272 | TotalAssetsBOYAmt |
| Total Assets EOY | $29,703,700 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $6,461,965 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $36,832,544 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $24,393,307 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | -$7,128,844 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | NYBA'S PRIMARY SERVICE IS TO PROMOTE THE GENERAL WELFARE AND USEFULNESS OF BANKS, TRUST COMPANIES AND BANKING ORGANIZATIONS AND ACTIVITIES CLOSELY RELATED TO BANKING AND FINANCIAL SERVICES AND TO ENCOURAGE THE HIGHEST POSSIBLE BANKING STANDARDS. NYBA IS A TRADE ASSOCIATION OF BANKS AND RELATED FINANCIAL INSTITUTIONS WHICH SHARE COMMON BUSINESS INTERESTS AND COMMON RESPONSIBILITIES TO GOVERNMENT, INDUSTRY AND COMMERCE AND TO CONSUMERS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NYBA OFFERED OVER 100 PROFESSIONAL DEVELOPMENT PROGRAMS, CONFERENCES AND MEETINGS THROUGHOUT THE YEAR. TRAINING PROGRAMS ARE DESIGNED FOR VARIOUS SEGMENTS OF THE BANKING COMMUNITY AND INCLUDE CLASSES ON SUCH TOPICS AS AGRIBUSINESS, TRUSTS AND ESTATES, CREDIT, COMPLIANCE AND SECURITY. THE PROGRAMMING WAS MADE AVAILABLE IN THE CLASSROOM, ONLINE, VIA AUDIO CONNECTION AND SELF-STUDY. THE LARGER MEETINGS INCLUDED AN ANNUAL CONVENTION, AND CONFERENCES TARGETED TO SPECIFIC INDUSTRY SEGMENTS, INCLUDING RETAIL AND SMALL BUSINESS, TRUST AND INVESTMENT, CEOS AND HUMAN RESOURCES, AND TECHNOLOGY PROFESSIONALS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | Yes (true) | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 14 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 16 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (true) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 35 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 35 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (true) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DRUCILLA MAHABIR | PersonNm |
| Phone | 2122971661 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 99 PARK AVE 4TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100161502 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (47 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|---|
| Michael P Smith | |||||||||
| President & CEO | 40.0 | 0.0 | Yes (X) | $1,608,534 | $0 | $74,222 | |||
| Clare Cusack | |||||||||
| GENERAL COUNSEL & SECRETARY | 40.0 | 0.0 | Yes (X) | $341,153 | $0 | $24,990 | |||
| KAREN L ARMSTRONG | |||||||||
| SENIOR VICE PRESIDENT | 40.0 | 0.0 | Yes (X) | $266,547 | $0 | $24,329 | |||
| DANIEL L BABB | |||||||||
| SENIOR VICE PRESIDENT | 40.0 | 0.0 | $240,324 | $0 | $23,222 | Yes (X) | |||
| KIMBERLEY MENDELSOHN | |||||||||
| SENIOR VICE PRESIDENT | 40.0 | 0.0 | $195,612 | $0 | $26,163 | Yes (X) | |||
| DRUCILLA MAHABIR | |||||||||
| CONTROLLER & VICE PRES. MIS | 40.0 | 0.0 | Yes (X) | $185,782 | $0 | $20,950 | |||
| KONSTANTINOS KANANIS | |||||||||
| VP INS AND MEMBER SERVICES | 40.0 | 0.0 | $142,483 | $0 | $10,990 | Yes (X) | |||
| MEGAN McGOVERN | |||||||||
| ASSISTANT GENERAL COUNSEL | 40.0 | 0.0 | $129,620 | $0 | $18,687 | Yes (X) | |||
| DOROTHY HYNES | |||||||||
| DIRECTOR PROFIT SOLUTIONS | 40.0 | 0.0 | $112,956 | $0 | $16,838 | Yes (X) | |||
| BARBARA LEBOFF | |||||||||
| EXECUTIVE ASSISTANT | 40.0 | 0.0 | $106,653 | $0 | $16,460 | Yes (X) | |||
| Gregory B Braca | |||||||||
| Chair | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Thelma B Ferguson | |||||||||
| Vice Chair | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Martin K Birmingham | |||||||||
| Treasurer | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Donald E Gibson | |||||||||
| Immediate Past Chair | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Jeffrey H Barker | |||||||||
| Past Chair | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| John R Buran | |||||||||
| Past Chair | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Gail E Cohen | |||||||||
| Past Chair | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Martin A Dietrich | |||||||||
| Past Chair | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Joseph R Ficalora | |||||||||
| Past Chair | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Kevin M O'Connor | |||||||||
| Past Chair | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Stephen S Romaine | |||||||||
| Past Chair | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Thomas W Schneider | |||||||||
| Past Chair | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Charles V Wait | |||||||||
| Past Chair | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Brian E Hickey | |||||||||
| Government Relations Chair | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Thomas J Murphy | |||||||||
| Govt Relations Vice Chair | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Gerard F Joyce Jr | |||||||||
| Trust Division CHAIR | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Brian A Howard | |||||||||
| Trust Division Vice Chair | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Tami M Gunsch | |||||||||
| RetaIl Chair | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Steven G Santino | |||||||||
| Retail Vice Chair | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Thomas L Amell | |||||||||
| Education Committee Chair | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Cheryl D Bowers | |||||||||
| Education Committee Vice Chair | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Thomas E Ganey | |||||||||
| Profit Solutions Chair | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Derrik R Wynkoop | |||||||||
| Asset Class II Representative | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| John M Tolomer | |||||||||
| Asset Class III Representative | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Michael J Gilfeather | |||||||||
| Asset Class IV Representative | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Mark E Tryniski | |||||||||
| Asset Class V Representative | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Stephen R Rayo | |||||||||
| Asset Class VII Representative | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Frank H Hamlin III | |||||||||
| Group Chair 1,2 | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Michael J Pollock | |||||||||
| Group Chair 3,4 | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Anders M Tomson | |||||||||
| Group Chair 5 | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Michael J Quinn | |||||||||
| Group Chair 6 | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Christopher Becker | |||||||||
| Group Chair 7 | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Howard P Milstein | |||||||||
| Group Chair 8 | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Michael J Horodyski | |||||||||
| AT Large-Director | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Ira D Robbins | |||||||||
| AT Large-Director | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| KATHRYN M MALONEY | |||||||||
| Trust Div. Chair(Thru 9/28/19) | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| STEPHEN F GOBEL | |||||||||
| GROUP CHAIR (THRU 2/14/20) | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,329,664 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $256,851 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 10 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Shenker Russo Clark LLP | |||||
| 121 State Street 4th Floor | ALBANY | NY | 12207 | LOBBYIST | $303,877 |
| WithumSmithBrown PC | |||||
| 506 Carnegie Center Suite 400 | PRINCETON | NJ | 08540 | Accounting | $163,423 |
| ERNST YOUNG | |||||
| PO BOX 640382 | PITTSBURGH | PA | 15264 | CONSULTING SVCS. | $108,475 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| Total Contributions | $0 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt |
|---|---|---|
| BANK MEMBERSHIP DUES | 813910 | $3,432,821 |
| SERVICE MEMBER AND ASSOCIATE MEMBER FEES | 813910 | $195,728 |
| EDUCATIONAL MEMBERSHIP FEES | 813910 | $1,160,433 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $4,788,982 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $520,890 | TotalRevenueColumnAmt |
| Exclusion | $520,890 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $7,500 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $7,500 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,500 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $7,500 | UnrelatedBusinessRevenueAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $22,814,744 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $21,542,331 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,272,413 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,272,413 | TotalRevenueColumnAmt |
| Exclusion | $1,272,413 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $0 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $0 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,589,785 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $7,500 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,793,303 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,000 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,839,488 | TotalAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $401,736 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,548 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,987 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,682 | TotalAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $117,382 | TotalAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $473,475 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $137,731 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,829 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $211,490 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,136 | TotalAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $552,849 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,217 | TotalAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $808,559 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $189,872 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $90,298 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,063 | TotalAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| EXCISE TAX | $126,430 |
| UBTI TAX | $2,109 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,235,881 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part X | Yes (X) | InfoInScheduleOPartXInd |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $302,915 | BOYAmt |
| EOY | $1,340,752 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $143,907 | BOYAmt |
| EOY | $144,302 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $421,172 | BOYAmt |
| EOY | $385,371 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $102,431 | BOYAmt |
| EOY | $170,384 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,507,417 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,215,900 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $368,415 | BOYAmt |
| EOY | $291,517 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,825,337 | BOYAmt |
| EOY | $26,977,701 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $735 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $690,360 | BOYAmt |
| EOY | $393,673 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,855,272 | BOYAmt |
| EOY | $29,703,700 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $896,115 | BOYAmt |
| EOY | $708,026 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $673,430 | BOYAmt |
| EOY | $31,611,997 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,400,000 | BOYAmt |
| EOY | $4,163,895 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $492,420 | BOYAmt |
| EOY | $348,626 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,461,965 | BOYAmt |
| EOY | $36,832,544 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$29,579,141 | BOYAmt |
| EOY | -$29,951,929 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,972,448 | BOYAmt |
| EOY | $22,823,085 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,393,307 | BOYAmt |
| EOY | -$7,128,844 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,855,272 | BOYAmt |
| EOY | $29,703,700 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $353,904 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$694,691 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$31,181,364 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbyingGrp | |
| Total Direct Lobbying | TotalDirectLobbyingGrp | |
| Total Lobbying Expend | TotalLobbyingExpendGrp | |
| Other Exempt Purpose Expend | OtherExemptPurposeExpendGrp | |
| Total Exempt Purpose Expend | TotalExemptPurposeExpendGrp | |
| Lobbying Nontaxable Amount | LobbyingNontaxableAmountGrp | |
| Grassroots Nontaxable | GrassrootsNontaxableGrp | |
| Tot Lbbyng Grassroot Mns Non Tx | TotLbbyngGrassrootMnsNonTxGrp | |
| Tot Lbby Expend Mns Lbbyng Non Tx | TotLbbyExpendMnsLbbyngNonTxGrp | |
| Substantially All Dues Nonded | false | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | false | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | Yes (true) | AgreeCarryoverPriorYearInd |
| Dues Assessments | $3,072,236 | DuesAssessmentsAmt |
| Non Deductible Lbbyng Pltcl CY | $1,371,727 | NonDeductibleLbbyngPltclCYAmt |
| Non Ded Lbbyng Pltcl Cyov | $11,101 | NonDedLbbyngPltclCyovAmt |
| Non Deductible Lbbyng Pltcl Tot | $1,382,828 | NonDeductibleLbbyngPltclTotAmt |
| Aggregate Reported Dues Ntc | $1,536,118 | AggregateReportedDuesNtcAmt |
| Taxable | -$153,290 | TaxableAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART III-B, LINE 1 | FormAndLineReferenceDesc |
| Explanation | TOTAL DUES, ASSESSMENTS AND SIMILAR AMOUNTS FROM MEMBERS INCLUDES $1,769,849 OF DUES EQUIVALENTS FROM MEMBER BANKS. | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| CY Minus3 Yr Endwmt Fund | CYMinus3YrEndwmtFundGrp | |
| CY Minus4 Yr Endwmt Fund | CYMinus4YrEndwmtFundGrp | |
| Land | LandGrp | |
| Buildings | BuildingsGrp |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $826,247 | OtherCostOrOtherBasisAmt |
| Depreciation | $629,440 | DepreciationAmt |
| Book Value | $196,807 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Equipment | EquipmentGrp |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $681,170 | OtherCostOrOtherBasisAmt |
| Depreciation | $586,460 | DepreciationAmt |
| Book Value | $94,710 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $291,517 | TotalBookValueLandBuildingsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFERRED RENT | $326,022 |
| DEFERRED COMPENSATION | $22,604 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $348,626 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2 - FIN 48 DISCLOSURE | FormAndLineReferenceDesc |
| Explanation | The Association operates as a domestic not-for-profit corporation. The Association meets the requirements of Section 501(c)(6) of the Internal Revenue Code and, accordingly, is tax exempt. The subsidiaries owned by the Association, Circuit Agency, Inc. and New York Bankers Service Corporation, are for profit entities and are subject to federal, state and local taxes. The Association follows the accounting guidance dealing with accounting for income taxes, in reporting deferred income taxes. This accounting pronouncement requires a company to recognize deferred tax liabilities and assets for expected future income tax consequences of events that have been recognized in the Associations financial statements. Under this method, deferred tax assets and liabilities are determined based on temporary differences between the financial statement carrying amounts and the tax basis of assets and liabilities using the enacted tax rates in effect in the years in which the temporary differences are expected to reverse. At April 30, 2020 and 2019, there were no significant deferred income tax items. The Association follows the accounting guidance dealing with uncertain tax positions. The Association has no unrecognized tax benefits at April 30, 2020 and 2019. The Association files tax returns in the U.S. federal jurisdiction. The Association has no income tax related penalties or interest for the periods reported in these financial statements. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Michael P Smith | ||||||||||||||
| President & CEO | $1,300,871 | $0 | $300,000 | $0 | $7,663 | $0 | $14,000 | $0 | $60,222 | $0 | $1,682,756 | $0 | $0 | $0 |
| Clare Cusack | ||||||||||||||
| GENERAL COUNSEL & SECRETARY | $305,523 | $0 | $35,000 | $0 | $630 | $0 | $14,000 | $0 | $10,990 | $0 | $366,143 | $0 | $0 | $0 |
| KAREN L ARMSTRONG | ||||||||||||||
| SENIOR VICE PRESIDENT | $240,581 | $0 | $25,000 | $0 | $966 | $0 | $13,339 | $0 | $10,990 | $0 | $290,876 | $0 | $0 | $0 |
| DANIEL L BABB | ||||||||||||||
| SENIOR VICE PRESIDENT | $218,518 | $0 | $20,000 | $0 | $1,806 | $0 | $12,232 | $0 | $10,990 | $0 | $263,546 | $0 | $0 | $0 |
| DRUCILLA MAHABIR | ||||||||||||||
| CONTROLLER & VICE PRES. MIS | $158,976 | $0 | $25,000 | $0 | $1,806 | $0 | $9,495 | $0 | $11,455 | $0 | $206,732 | $0 | $0 | $0 |
| KONSTANTINOS KANANIS | ||||||||||||||
| VP INS AND MEMBER SERVICES | $130,677 | $0 | $10,000 | $0 | $1,806 | $0 | $0 | $0 | $10,990 | $0 | $153,473 | $0 | $0 | $0 |
| KIMBERLEY MENDELSOHN | ||||||||||||||
| SENIOR VICE PRESIDENT | $175,844 | $0 | $18,500 | $1,268 | $10,175 | $0 | $15,988 | $0 | $221,775 | $0 | $0 | $0 | ||
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| AVERAGE HOURS PER WEEK BY FULL TIME PERSONNEL | Full time salaried staff have been listed at an average 40 hour work week. However, based on work demands (including legislative imperatives, scheduling of major meetings and educational programs, reporting and other business and legal requirements) it is not uncommon for personnel to work more than 60 hours per week. |
| PARTICIPATION IN NON-QUALIFIED RETIREMENT PLAN | MICHAEL SMITH, CEO, RECEIVED $199,000 UNDER THE ASSOCIATION'S SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN. THIS AMOUNT IS INCLUDED IN THE TOTAL REPORTABLE COMPENSATION OF $1,608,534. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 1 | TO PROMOTE THE GENERAL WELFARE AND USEFULNESS OF BANKS, TRUST COMPANIES AND BANKING ORGANIZATIONS AND ACTIVITIES CLOSELY RELATED TO BANKING AND FINANCIAL SERVICES AND TO ENCOURAGE THE HIGHEST POSSIBLE BANKING STANDARDS; TO PROVIDE A PROGRAM OF EDUCATION AND TRAINING OF BANKERS; TO CONDUCT RESEARCH AND REPORT UPON MATTERS OF GENERAL INTEREST TO BANKERS AND THE BANKING INDUSTRY; TO CONDUCT APPROPRIATE PUBLIC INFORMATION PROGRAMS; TO ADVOCATE AND PROMOTE BY PROPER MEANS THE ENACTMENT OF LEGISLATION AND THE PROMULGATION OF REGULATIONS FOSTERING ALIKE THE INTERESTS OF THE PUBLIC AND OF THE BANKING INDUSTRY; AND GENERALLY TO ACT AS A TRADE ASSOCIATION OF BANKS AND RELATED FINANCIAL INSTITUTIONS WHICH SHARE COMMON BUSINESS INTERESTS AND COMMON RESPONSIBILITIES TO GOVERNMENT, INDUSTRY AND COMMERCE AND TO CONSUMERS. |
| PART IV - QUESTION 10 | Upon further review of temporarily restricted funds, they were discovered to be member dues that are paid in advance with restrictions rather than temporarily restricted gifts and therefore the disclosure on Schedule D Part V is not required. |
| PART VI-SECTION A- 6 & 7 MEMBERS | THE ASSOCIATION IS MADE UP OF APPROXIMATELY 127 REGULAR MEMBERS. REGULAR MEMBERS ARE ANY FINANCIAL HOLDING COMPANY, BANK HOLDING COMPANY OR SAVINGS AND LOAN ASSOCIATION THAT CONTROLS ONE OR MORE BANKS OR THRIFT INSTITUTIONS, AS WELL AS ANY BANKS OR THRIFT INSTITUTIONS OWNED BY SUCH HOLDING COMPANIES AND ANY UNAFFILIATED BANK OR THRIFT INSTITUTION WITHIN THE STATE OF NEW YORK. THE ASSOCIATION ALSO HAS SERVICE MEMBERS AND FINANCIAL SERVICES INDUSTRY MEMBERS. THE BOARD IS COMPRISED OF REPRESENTATIVES FROM THE ASSOCIATION'S REGULAR MEMBERS; SUCH REPRESENTATIVES MUST BE WITHIN THE MOST SENIOR RANKS (USUALLY THE CEO) OF THE MEMBER'S OWN OFFICERS. EACH REGULAR MEMBER ON THE BOARD GETS ONE VOTE. A NOMINATING COMMITTEE OF THE BOARD APPROVES FOR CONSIDERATION BY THE ENTIRE REGULAR MEMBERSHIP, A SLATE OF OFFICERS ON AN ANNUAL BASIS. WHEN BANKS OR OTHER ENTITIES WISH TO BECOME ASSOCIATION MEMBERS, THEY COMPLETE AN APPLICATION PROCESS, AND THEN ARE PRESENTED TO THE ASSOCIATION BOARD FOR APPROVAL. THE FOLLOWING POSITIONS COMPRISE THE BOARD'S MAKEUP: CHAIR, VICE CHAIR, TREASURER, ONE IMMEDIATE PAST CHAIR, NINE PAST CHAIRS, CHAIR OF THE GOVERNMENT RELATIONS COUNCIL, VICE CHAIR OF THE GOVERNMENT RELATIONS COUNCIL, CHAIR OF THE RETAIL BANKING DIVISION, VICE CHAIR OF THE RETAIL BANKING DIVISION, CHAIR OF THE TRUST DIVISION, VICE CHAIR OF THE TRUST DIVISION, CHAIR OF THE PROFIT SOLUTIONS DIVISION, CHAIR OF THE EDUCATION COMMITTEE, VICE CHAIR OF THE EDUCATION COMMITTEE, ONE REPRESENTATIVE OF EACH OF THE ASSOCIATION'S SEVEN ASSET CLASSES, HOWEVER IN 2019-2020 THERE WERE NO REPRESENTATIVES FOR ASSET CLASS I AND VI, ONE REPRESENTATIVE OF EACH OF THE ASSOCIATION'S SIX REGIONAL GROUPS AND TWO AT-LARGE DIRECTORS. THE PRESIDENT OF THE ASSOCIATION IS AN EX-OFFICIO, NON-VOTING MEMBER OF THE BOARD OF DIRECTORS. THE ASSOCIATIONS GENERAL COUNSEL IS THE CORPORATE SECRETARY OF THE BOARD. |
| PART VI-SECTION B-11 REVIEW OF FORM 990 BY GOVERNING BODY | PRIOR TO FILING, THIS 990 WAS PREPARED AND REVIEWED BY THE ASSOCIATIONS CONTROLLER AND ITS OUTSIDE ACCOUNTANT. IT WAS ALSO REVIEWED BY THE ASSOCIATION'S GENERAL COUNSEL, AS WELL AS ITS PRESIDENT AND CEO AND THE EXECUTIVE COMMITTEE, WHICH IS CHAIRED BY THE ASSOCIATION CHAIRMAN. AT THE ASSOCIATION'S NOVEMBER 17, 2020 BOARD MEETING, ALL VOTING MEMBERS OF THE BOARD OF DIRECTORS WERE PROVIDED ACCESS TO A COPY OF THE ASSOCIATION'S COMPLETE AND FINAL FORM 990 (INCLUDING ALL SCHEDULES) WHICH WAS AVAILABLE FOR REVIEW PRIOR TO FILING. |
| PART VI-SECTION B-12 CONFLICT OF INTEREST POLICY | THE ASSOCIATION HAS A WRITTEN CONFLICT OF INTEREST POLICY IN PLACE FOR ALL EMPLOYEES AND BOARD MEMBERS. ALL TRANSACTIONS RELATIVE TO GENERAL BUSINESS OPERATIONS OF THE ASSOCIATION ARE ROUTINELY SCRUTINIZED BY SENIOR MANAGEMENT FOR CONFLICTS OF INTEREST WITH MEMBERS. ALL POTENTIAL CONFLICTS OF INTEREST RELATIVE TO THE FINANCIAL INTERESTS OF THE ASSOCIATION (SUCH AS WITH RESPECT TO THE MANAGEMENT OF ITS FUNDS) ARE ALSO ROUTINELY SCRUTINIZED BY THE EXECUTIVE COMMITTEE OF THE BOARD. AFTER THE OFFICERS AND EXECUTIVE COMMITTEE CONCLUDE THEIR DUE DILIGENCE ON THESE MATTERS, BOARD RATIFICATION OF THE RELATIONSHIP IS REQUIRED. BOARD MEMBERS AND EMPLOYEES ARE REQUIRED TO ASSERT THEIR FAMILIARITY WITH AND ADHERENCE TO THE POLICY ON AN ANNUAL BASIS. |
| PART VI-SECTION B-15 DETERMINATION OF COMPENSATION | FROM TIME TO TIME A COMPENSATION STUDY IS PERFORMED BY OUTSIDE CONSULTANTS ON THE CEO, AND OTHER SELECT KEY EMPLOYEES. THE COMPENSATION COMMITTEE USES THE FORMAL STUDY AS THE BASIS FOR THE CEO COMPENSATION AND OTHER SELECT OFFICERS AND KEY EMPLOYEES OF THE ASSOCIATION. THE CEO HAS AN EMPLOYMENT CONTRACT AND THE COMMITTEE REVIEWS THIS WHEN DETERMINING ANNUAL INCREASES AND BONUSES. |
| PART VI-SECTION C-19 AVAILABILITY OF GOVERNING DOCUMENTS | THE ASSOCIATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| PART VI-SECTION A-4 CHANGES TO BYLAWS | THE FOLLOWING CHANGES TO THE ORGANIZATION'S BYLAWS WERE ENACTED DURING THE CURRENT FISCAL YEAR: 1. Creation of an Audit Committee 2. Provide flexibility for the appointment of At Large members 3. Provide flexibility for Trust and Retail Division elections and appointments process 4. Update of practices to allow for further voluntary contribution to NCF 5. Provide more flexibility for determination of Asset Classes |
| PART VI-SECTION A-7 GOVERNING BODY AND MANAGEMENT | THE ASSOCIATION'S MEMBERS HAVE VOTING POWERS FOR NEW MEMBERS, AS WELL AS CERTAIN DIRECTIVES OF THE ASSOCIATION. |
| PART VII- RELATED ORGANIZATION COMPENSATION | NEW YORK BANKERS ASSOCATIONS, INC. ACTS AS THE COMMON PAYMASTER FOR THE ASSOCIATION AS WELL AS OTHER RELATED ORGANIZATIONS. COMPENSATION AND BENEFITS AS NOTED, ARE ALLOCATED TO OTHER RELATED ORGANIZATIONS AS FOLLOWS: EMPLOYEE COMPENSATION BENEFITS MICHAEL P SMITH 63,092 15,773 DANIEL L BABB 253,280 63,320 DRUCILLA MAHABIR 79,522 19,880 KONSTANTINOS KANANIS 139,802 34,951 DOROTHY R HYNES 116,443 29,111 CLARE CUSACK 18,044 4,511 |
| PART XI, LINE 9 - OTHER CHANGES IN NET ASSETS: | DUE TO THE ASSOCIATION'S ADOPTION OF ASC 606 (REVENUE FROM CONTRACTS WITH CUSTOMERS) AS OF MAY 1, 2018, THE ASSOCIATION RECOGNIZED AN OPENING BALANCE ADJUSTMENT TO NET ASSETS OF $(31,181,364). |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| NY STATE BANKERS RETIREMENT SYSTEM | ||||||||||
| 99 PARK AVE 4TH FLOOR | NEW YORK | NY | 10016 | 131882974 | PENSION TRUST | NY | 401(A) | N/A | NA | false |
| NYBA POLITICAL ACTION COMMITTEE (STATE) | ||||||||||
| 99 PARK AVE 4TH FLOOR | NEW YORK | NY | 10016 | 134127770 | PAC | NY | 527 | N/A | NYBA | Yes (true) |
| NYBA POLITICAL ACTION COMMITTEE (FED) | ||||||||||
| 99 PARK AVE 4TH FLOOR | NEW YORK | NY | 10016 | 131882974 | PAC | NY | 527 | N/A | NYBA | Yes (true) |
| NEW YORK BANKERS COMMUNITY PAC | ||||||||||
| 99 PARK AVE 4TH FLOOR | NEW YORK | NY | 10016 | 131882974 | PAC | NY | 527 | N/A | NYBA | Yes (true) |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CIRCUIT AGENCY INC | ||||||||||||
| 99 PARK AVE 4TH FLOOR | NEW YORK | NY | 100161502 | 133419085 | INSURANCE SVCS | NY | NYBA | C | $10,420 | $61,146 | 1.00000 | Yes (true) |
| NEW YORK BANKERS SERVICE CORPORATION INC | ||||||||||||
| 99 PARK AVE 4TH FLOOR | NEW YORK | NY | 100161502 | 133691959 | MRKT PROD & SVCS | NY | NYBA | C | $486,654 | $240,670 | 1.00000 | Yes (true) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (true) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (10 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| NYS BANKERS GROUP CREDITORS TRUST | ||
| N | $111,576 | FMV |
| NEW YORK BANKERS SERVICE CORPORATION INC | ||
| O | $396,787 | FMV |
| NYS BANKERS GROUP CREDITORS TRUST | ||
| O | $264,583 | FMV |
| NYS BANKERS GROUP EMPLOYEE TRUST | ||
| O | $81,500 | FMV |
| NEW YORK BANKERS RETIREMENT SYSTEM | ||
| O | $105,027 | FMV |
| NEW YORK BANKERS SERVICE CORPORATION INC | ||
| Q | $412,194 | FMV |
| NYS BANKERS GROUP CREDITORS TRUST | ||
| Q | $430,519 | FMV |
| NEW YORK BANKERS RETIREMENT SYSTEM | ||
| Q | $236,914 | FMV |
| CIRCUIT AGENCY INC | ||
| Q | $121,177 | FMV |
| NYS BANKERS GROUP EMPLOYEE TRUST | ||
| Q | $143,931 | FMV |