2013-02-01T13:14:19-06:00 2011-12-31 GRANT THORNTON LLP 666 THIRD AVENUE NEW YORK NY 100174057 990 2011-01-01 111617383 Long Island Association Inc % PAULA CALAME LONG 6314933000 300 Broadhollow Road Melville NY 117474840 Paula Calame 2013-02-01 true 2125990100 2011 2016-02-25 16:41:14Z Kevin S Law 300 BROAD HOLLOW ROAD Melville NY 11747 2767653 false X longislandassociation.org X 1926 NY THE LIA is a NON-profit chamber of commerce and business membership group that advocates to make Long Island a great place to live, work and do business. 59 58 21 0 0 0 0 0 829155 2614980 1065 7111 43072 145562 873292 2767653 0 0 0 0 447271 1303116 0 0 0 378862 1077446 826133 2380562 47159 387091 1393823 1489516 2480317 1955016 -1086494 -465500 THE Long island Association's (LIA) MISSION IS TO LEAD and unify the region in order to strengthen Long Island as a place to live, work and do business. THE LIA was founded in 1926 and is one of the largest business organizations in the Long island region and in new york state. The LIA's membership is comprised of businesses, labor unions, UNIVERSITIES, not-for-profits, government agencies AND civic groups which employ two-thirds of long island's workforce. The Long Island Association: - Actively advocates the interests of, and promotes cooperation among, the business, labor, educational, scientific, technology, not-for-profit and civic communities. - seeks to create and retain balanced economic opportunities and jobs in a clean, healthy and safe environment. - as long island's chamber of commerce, provides valuable services and programs/representation to its membership organizations, particularly the small business community. false false 0 The LIA is the organization looked to both on and off the Island to articulate Long Island's needs and its future direction. It works closely with organizations throughout the state and the country to positively influence public policy and to ensure a prosperous future for the region. 0 The Association's largest annual event is the LIA Annual Awards Gala. The Gala is one of Long Island's largest and most prestigious business and social events. This formal black tie dinner dance honors corporate leaders and companies that have made Long Island a better place to live and work. The Association's Annual Meeting & Fall Luncheons showcase nationally renowned speakers, providing insights into local, national, and world events. The Luncheons are attended by Long Island's most influential CEO's, presidents, and senior level executives and their guests. 0 false false false true false false false false false true false false true true true false true 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 true true false false true 5 0 true 21 true false false false false true true false X 59 58 false false false false true false false true true false false true true true true true true true false false X PAULA CALAME 6314933027 300 BROAD HOLLOW ROAD MELVILLE NY 11747 Kevin S Law 40.0 X X 330753 0 35459 JEFFREY D ALTER 1.0 X 0 0 0 SAMUEL HARONSON 1.0 X 0 0 0 GENE MBERNSTEIN 1.0 X 0 0 0 FRANK BRANCHINI 1.0 X 0 0 0 KEVIN BROWN 1.0 X 0 0 0 JOHN BRUCKNER 1.0 X 0 0 0 CALVIN O BUTTS III 1.0 X 0 0 0 ERNEST G CANADEO 1.0 X 0 0 0 ROBERT B CATELL 1.0 X 0 0 0 JOHN T COSTANZO 1.0 X 0 0 0 FRANK CRIVELLO 1.0 X 0 0 0 BRIAN C CULLEN 1.0 X 0 0 0 ANTHONY N DALESSIO 1.0 X 0 0 0 HARRY E DAVITIAN 1.0 X 0 0 0 MICHAEL J DOWLING 1.0 X 0 0 0 JOHN R DURSO 1.0 X 0 0 0 TRACEY EDWARDS 1.0 X 0 0 0 MICHAEL L FALTISCHEK ESQ 1.0 X 0 0 0 MARK FASCIANO 1.0 X 0 0 0 ESTHER FORTUNOFF 1.0 X 0 0 0 KEVIN GERSHOWITZ 1.0 X 0 0 0 CHRISTOPHER GIAMO 1.0 X 0 0 0 ARTHUR GIANELLI 1.0 X 0 0 0 KATHERINE HEAVISIDE 1.0 X 0 0 0 PHYLLIS HILL SLATER 1.0 X 0 0 0 HENRY HOLLEY 1.0 X 0 0 0 FRANK INGRASSIA 1.0 X 0 0 0 ROBERT A ISAKSEN 1.0 X 0 0 0 TERRY JIMENEZ 1.0 X 0 0 0 MICHAEL T KEENAN 1.0 X 0 0 0 JOHN KOMINICKI 1.0 X 0 0 0 KIRK KORDELESKI 1.0 X 0 0 0 SEYMOUR LIEBMAN 1.0 X 0 0 0 PAUL MARKWARDT 1.0 X 0 0 0 LOUIS MASTRIANNI 1.0 X 0 0 0 MICHAEL MATURO 1.0 X 0 0 0 ZACHARY MAYO 1.0 X 0 0 0 CAROLYN MAZZENGA 1.0 X 0 0 0 PATRICIA MCMAHON 1.0 X 0 0 0 PAULE T PACHTER 1.0 X 0 0 0 PHILIP PANARELLI 1.0 X 0 0 0 CRISLER QUICK 1.0 X 0 0 0 STUART RABINOWITZ 1.0 X 0 0 0 ELLEN S RUDIN 1.0 X 0 0 0 PAUL J SALERNO 1.0 X 0 0 0 BOB SANDERS 1.0 X 0 0 0 STEPHEN C SAVAGE 1.0 X 0 0 0 ROGER SAVELL 1.0 X 0 0 0 WILLIAM M SAVINO 1.0 X 0 0 0 LOIS CARTER SCHLISSEL 1.0 X 0 0 0 ROBERT A SCOTT 1.0 X 0 0 0 TAD SMITH 1.0 X 0 0 0 SAMUEL L STANLEY JR MD 1.0 X 0 0 0 BRUCE STILLMAN 1.0 X 0 0 0 CHARLES M STRAIN 1.0 X 0 0 0 MICHAEL N VITTORIO 1.0 X 0 0 0 LAWRENCE J WALDMAN 1.0 X 0 0 0 HELENA E WILLIAMS 1.0 X 0 0 0 Daniel Perkins 40.0 X 105844 0 7126 Barbara Legname 40.0 X 162776 0 8030 Paula Calame 40.0 X 152345 0 1514 Matthew Cohen 40.0 X 14663 0 0 766381 0 52129 4 false true false WASHINGTON SPEAKERS BUREAU PO BOX 75021 BALTIMORE MD 21275 GUEST SPEAKERS 225878 GRANT THORNTON 666 THIRD AVE 13TH FL NEW YORK NY 10017 AUDIT/TAX 122760 2 0 NETWORKING EVENTS 900099 1395890 1395890 PUBLICATIONS 511190 126260 126260 MEMBERSHIP DUES 900099 1092830 1092830 2614980 7111 7111 0 108000 108000 0 0 0 0 MANAGEMENT FEES 900099 37562 37562 37562 2767653 2614980 0 152673 0 0 0 0 690877 0 454670 31535 44960 81074 0 0 52334 0 0 0 230638 0 181353 72275 0 243161 5613 0 5754 0 0 46331 35843 MISCELLANEOUS 204144 2380562 0 0 0 0 0 766238 1087922 0 0 506441 55863 0 0 0 0 0 0 0 0 30568 26657 417356 388601 73894 28755 0 0 0 0 0 0 0 0 16682 290319 1393823 1489516 857975 645149 0 0 734882 669057 0 0 0 0 0 0 288031 288031 0 0 599429 352779 2480317 1955016 X -1086494 -465500 0 0 0 0 -1086494 -465500 1393823 1489516 X 387091 233903 X false true true X false false true false 55965 38001 17964 231879 225530 6349 129511 125069 4442 28755 DUE FROM SUBSIDIARIES 273683 OTHER NON-CURRENT ASSETS 16636 290319 0 LONG-TERM ACCRUED RENT 88778 LOSS ON INVESTMENT IN SUBSIDIARY 264001 352779 2767653 2380562 387091 233904 233904 620995 3001556 233903 233903 2767653 2767653 2380562 2380562 2380562 Schedule D, Part X, Line 2 LIA adopted the provisions of FASB Interpretation No. 48 (FIN 48") Accounting for Uncertainties in Income Taxes - an interpretation of FASB Statement No. 109," now incorporated in Accounting Standards Codification ("ASC") 740. ASC 740-10 clarifies the accounting for uncertainty in tax positions taken or expected to be taken in a tax return, including issues relating to financial statement recognition and measurement. This section provides that the tax effects from an uncertain tax position can be recognized in the financial statements only if the position is "more-likely-than-not" to be sustained if the position were to be challenged by a taxing authority. The assessment of the tax position is based solely on the technical merits of the position, without regard to the likelihood that the tax position may be challenged. LIA and the Foundation are classified as tax-exempt organizations under Sections 501(c)(6) and 501(c)(3) respectively of the Internal Revenue Service Code. Holding is a taxable entity. Nevertheless, LIA may be subject to tax on income unrelated to its exempt purpose, unless that income is otherwise excluded by the Code. The tax years ending December 31, 2008, 2009, and 2010 are still open to audit for both federal and state purposes. The adoption of ASC 740-10 did not have a material impact on the LIA financial statements, as management determined that there are no uncertain tax positions within its financial statements. Form 990, Schedule D, Part XI, Line 8 Equity in Earning of Subsidiary $(233,903) Rounding $(1) Total adjustments....................$(233,904) Form 990, Schedule D, Part XII, Line 2d Income included in financials but not on Return Equity in Earnings of Subsidiary $(233,903) Schedule D, Parts XI, XII & XIII The Long Island Association, Inc. issues consolidated audited financial statements that include the operations of affiliated organizations. The financial information of these affiliated organizations is not reported on this Form 990. Accordingly, the reconciliations reported in Parts XI, XII & XIII of Schedule D reconcile back to the financial information of the Long Island Association, Inc. as presented on a standalone basis in the audited financial statements. X X X false true false Kevin S Law 324840 0 0 0 5913 0 23089 0 12370 0 366212 0 0 0 Barbara Legname 161572 0 0 0 1204 0 1641 0 6389 0 170806 0 0 0 Paula Calame 151442 0 0 0 903 0 1514 0 0 0 153859 0 0 0 Form 990, Schedule J, Line 4b The President received employer-funded contributions to a non-qualified deferred compensation plan in the year ending December 31, 2011. Form 990, Part VI, Line 11 The Form 990 was prepared by a nationally renowned accounting firm in conjunction with the organization's financial department and was provided to the President/Ceo prior to filing. Copies were also made available to the full Board of Directors for discussion and comment prior to its electronic filing with the Internal Revenue Service. Form 990, Part VI, Line 12 The Association has a conflict of interest policy in place. Each officer, director, trustee and key employee is required to annually disclose any conflicts of interest that arise by virtue of employment, board service, or position with the Association. The Association monitors compliance with its conflict of interest policy through an annual questionnaire/disclosure statement that is distributed to these individuals. Potential conflicts are investigated immediately. Form 990, Part VI, Line 15 The Association's President & CEO's compensation is determined by the compensation committee of the Board of Directors and ultimately approved by the Board of DIrectors. Since the President & CEO sits on the Board of Directors, he is required to recuse himself from any discussions related to his compensation. For the Association's other officers, compensation is determined by the President & CEO. Form 990, Part VI, Line 19 The Association makes its Form 990 available to the public by retaining a copy at its place of business. The Form 990 is likewise published on the internet at www.guidestar.org. The organization's financial statements, governing documents and conflict of interest policy are not ordinarily made available to the public, but, if requested, will be provided at management's discretion. Form 990, Part XI, Line 5 Reconciliation of Net Assets Income included in financials but not on Return Equity in Earnings of Subsidiary $(233,903) Form 990, Part VI, Line 6 The Long Island Association is a Section 501(c)(6) chamber of commerce and business membership group that, by definition, has members. Members of the LIA enjoy a wide array of benefits, from participation on active committees addressing the major issues facing the region; to networking events large and small; to major events that attract former Presidents of the United States, as well as other nationally-known and respected speakers; to a variety of unique publications that provide special insight into Long Islands economy. Long Island Association Foundation 300 Broadhollow Rd Melville NY 11747 113539717 Fundraising NY 501(c)(3) 11 NA true LIA Holding Corp & Subsidiaries 300 Broadhollow Road Melville NY 11747 113619281 Insurance NY NA C Corp 1.00000 true false false false false false false false false false true true true true false true false false LIA Holdings a 108000 contractual LIA Holdings k 37562 cost