2017-10-31T08:14:51-05:00 2016-12-31 EISNERAMPER LLP 750 THIRD AVENUE NEW YORK NY 100172703 990 2016-01-01 131331235 Special Funds Conservation Committee % MICHAEL RILEY SPEC 2128833900 60 EAST 42ND STREET 27TH FLOOR NEW YORK NY 10165 STEVEN LICHT CEO 2128833900 2017-10-20 true CANDICE METH P01306891 2129498700 64.238.150.10 26368720173045000000 2017-10-31 P 32CA0C7F4F9A7FD256A966A02855DC49DE5C7D0D 391C40E2E28887E6EE7CCA03B4695E6F2A5BEC0C 2016 2018-03-14 21:41:22Z STEVEN M LICHT Esq 60 EAST 42ND STREET 27th Fl New York NY 10165 13586551 false X WWW.SPECIALFUNDS.ORG X 1938 NY SEE ATTACHMENT 1 5 5 174 0 0 0 0 13481772 13582510 3258 4041 0 0 13485030 13586551 0 0 0 0 8599012 8177619 0 0 0 4815449 4909797 13414461 13087416 70569 499135 14138216 14436799 9255962 7650661 4882254 6786138 X THE SPECIAL FUNDS CONSERVATION COMMITTEE (THE "COMMITTEE") WAS ORGANIZED IN NEW YORK STATE IN 1938 FOR THE PURPOSE OF CONSERVING THE ASSETS OF THE SPECIAL FUNDS CREATED UNDER SUBDIVISION 8 OF SECTIONS 15 AND 25-A OF THE WORKERS' COMPENSATION LAW OF THE STATE OF NEW YORK. IT INVESTIGATES CLAIMS AGAINST SUCH SPECIAL FUNDS AND COOPERATES WITH THE CHAIRMAN AND MEMBERS OF THE NEW YORK WORKERS' COMPENSATION BOARD, THE SUPERINTENDENT OF INSURANCE, AND ANY OTHER PUBLIC OFFICIAL WHOSE DUTIES ARE CONCERNED WITH THE OPERATION OF THE SPECIAL FUNDS. false false THE COMMITTEE'S PROGRAM IS INDICATED IN THE MISSION STATEMENT. ALL EXPENSES INCURRED ARE TO ADVANCE THE MISSION. THE COMMITTEE IS CURRENTLY RESPONSIBLE FOR HANDLING 22,322 25-A FILES, PROCESSING AN ESTIMATED 272,182 MEDICAL BILLS AND ATTENDING AN ESTIMATED 10,085 HEARINGS FOR 25-A FILES. THE COMMITTEE IS ALSO RESPONSIBLE FOR HANDLING 41,518 ESTABLISHED 15-8 FILES AND 12 ESTABLISHED 14-6 FILES. THE COMMITTEE RECEIVED 86,807 REIMBURSEMENT REQUESTS FOR 15-8 FILES. THE COMMITTEE ATTENDED AN ESTIMATED 6,085 HEARINGS AND 11 PRE-TRIAL CONFERENCES FOR 15-8 AND ATTENDED 681 HEARINGS ON 14-6 FILES. false false false true false false false false false false false false false false true true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 16 0 true 174 true false false false false false false X 5 5 false false false false true true true true true false false true true true true true true true true false X MICHAEL RILEY 2128833900 60 EAST 42ND STREET 27TH FLOOR NEW YORK NY 10165 Marci L Freida Chairperson 1.0 0.0 X 0 0 0 Vincent Licause Secretary 1.0 0.0 X 0 0 0 Eric Madoff Board Member 1.0 0.0 X 0 0 0 Brian Trick Board Member 1.0 0.0 X 0 0 0 Brian Begley Board Member (thru 1/22/16) 1.0 0.0 X 0 0 0 Jolene Casatelli Board Member 1.0 0.0 X 0 0 0 Steven M Licht Chief Executive Officer 37.5 0.0 X 237579 0 23228 Karen Allen Chief Operating Officer 37.5 0.0 X 199034 0 65127 Jill B Singer Assistant Attorney 37.5 0.0 X 117821 0 32336 Andrew Lorin Chief Restructuring Officer 37.5 0.0 X 105697 0 13121 Melinda Miner Upstate Attorney Manager 37.5 0.0 X 118035 0 21793 Kyle Reichel REGIONAL MANAGER 37.5 0.0 X 100280 0 22924 878446 0 178529 6 false true false Lewis L Heller PLLC 379 Kenridge Road LAWRENCE NY 11559 Legal Services 169159 Mary Ellen O'Connor 7 Woodland Ave Suite 1 LARCHMONT NY 10538 Legal Services 113530 Morgan Lewis Bockius LLP PO Box 8500 S-6050 PHILADELPHIA PA 191786050 Legal Services 126567 3 0 BUDGETED REIMBURSEMENTS 900099 13582510 13582510 13582510 4041 4041 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 13586551 13582510 4041 0 0 0 0 436613 0 5385350 421849 1435391 498416 0 611715 181913 0 0 0 28833 0 519124 2016931 0 1350808 114816 0 0 0 0 0 85657 13087416 800 800 12091128 11170329 0 0 940632 2194534 0 0 0 0 0 0 0 0 341647 304130 0 0 739144 742741 0 0 0 0 0 0 24865 24265 14138216 14436799 9255962 7650661 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9255962 7650661 X 4882254 6786138 0 0 0 0 4882254 6786138 14138216 14436799 X 499135 1404749 X false true X true false true true false 0 0 X 13586551 13586551 13586551 11682667 -1404749 -1404749 13087416 13087416 Schedule D, Part X, Line 2 The Committee follows the provisions of the Financial Accounting Standards Board's ("FASB") Accounting Standards Codification ("ASC") Topic 740, Income Taxes, relating to accounting and reporting for uncertainty in income taxes. Because of the Committee's general tax-exempt status, management believes ASC Topic 740 has not had, and is not expected to have, a material impact on the Committee's financial statements. Schedule D, Part XII, Line 2d The following are other reconciling items of the change in net assets from the 990 to the audited financial statements: Pension related changes other than periodic costs: $690,357 Post-retirement related changes other than periodic costs: $714,392 Total: $1,404,749 X false false false Steven M Licht Chief Executive Officer 219579 0 18000 0 0 0 11003 0 12225 0 260807 0 0 0 Karen Allen Chief Operating Officer 179034 0 20000 0 0 0 52722 0 12405 0 264161 0 0 0 Jill B Singer Assistant Attorney 117821 0 0 0 0 0 9547 0 22789 0 150157 0 0 0 FORM 990, PART VI, SECTION A, LINES 6, 7A & 7B THE FIVE VOTING MEMBER POSITIONS OF THE COMMITTEE ARE HELD BY REPRESENTATIVES OF ORGANIZATIONS. REPRESENTATIVES ARE FROM THE NY STATE INSURANCE FUND, THE NY COMPENSATION RATING BOARD, THE STOCK INSURANCE CARRIERS, THE MUTUAL INSURANCE CARRIERS, AND VARIOUS SELF INSURERS. THE REPRESENTATIVES ARE SELECTED BY THE ORGANIZATIONS. THE BUDGET MUST BE APPROVED BY THE EXECUTIVE COMMITTEE, THE NEW YORK STATE WORKERS COMPENSATION BOARD PER A MEMORANDUM OF UNDERSTANDING AND THE NEW YORK COMPENSATION INSURANCE RATING BOARD. PART VI, SECTION B, LINE 11B AFTER THE CEO AND MANAGEMENT HAVE REVIEWED AND APPROVED THE FORM 990, A COPY IS PROVIDED TO ALL MEMBERS OF THE BOARD FOR THEIR REVIEW AND APPROVAL PRIOR TO ITS SUBMISSION. PART VI, SECTION B, LINE 12C EVERY JANUARY A LETTER IS SENT OUT REGARDING THE CONFLICTS OF INTEREST POLICY TO ALL STAFF AND EACH BOARD MEMBER. THE LETTER MUST BE SIGNED AND RETURNED. PART VI, SECTION B, LINE 15 THE CEO'S SALARY IS APPROVED BY THE EXECUTIVE COMMITTEE. THE CHIEF OPERATING OFFICER'S SALARY IS APPROVED BY THE CEO. ALL OTHER POSITIONS ARE REVIEWED AND APPROVED BY THE CEO AND THE DIRECTOR OF OPERATIONS. PART VII, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE DISTRIBUTED TO MEMBERS WHO MUST PROVIDE WRITTEN ACKNOWLEDGEMENT OF RECEIPT. POLICIES AND FINANCIAL INFORMATION ARE AVAILABLE UPON REQUEST. PART XI, LINE 9 The following are other changes in net assets: Pension related changes other than periodic costs: $690,357 Post-retirement related changes other than periodic costs: $714,392 Total: $1,404,749 FORM 8868 APPLICATION FOR AN EXTENSION OF TIME TO FILE AN EXEMPT ORGANIZATION RETURN WAS FILED ELECTRONICALLY.