2013-03-15T13:43:23-05:00 2012-04-30 WITHUM SMITH BROWN PC 5 VAUGHN DR PRINCETON NJ 085406313 990 2011-05-01 131882974 NEW YORK BANKERS ASSOCIATION INC % KEVIN HICKS CFO NEWY 2122971669 99 PARK AVE FL 4 NEW YORK NY 100161502 KEVIN HICKS 2013-03-15 true RICHARD C COYNE 6095201188 2011 2016-02-25 16:41:14Z MICHAEL P SMITH 99 PARK AVE 4TH FLOOR NEW YORK NY 100161502 9767215 false X WWW.NYBA.COM X 1894 NY TO PROMOTE THE GENERAL WELFARE AND USEFULNESS OF BANKS, TRUST COMPANIES AND BANKING ORGANIZATIONS AND ACTIVITIES CLOSELY RELATED TO BANKING AND FINANCIAL SERVICES. 32 31 19 0 0 0 2807606 2960974 1552020 1611809 200880 129311 4560506 4702094 0 0 0 0 3949968 3835824 0 0 0 2436761 2503542 6386729 6339366 -1826223 -1637272 44174513 36948701 6917577 8426470 37256936 28522231 X 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 PROMULAGATION 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. false false NYBA's primary service is to promote the general welfare and usefulness of banks, trust companies and banking organizations and activties 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 to consumers. 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, security and IRA accounts. 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, senior management, CEOs and human resources. false false true true false false false false true true false false false 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 true true true false true 43 0 true 19 true false false false false false false false false false false X 32 31 false false false false true true true true true false false true true true true true true true true false NY X KEVIN HICKS CFO 2122971669 99 PARK AVE 4TH FLOOR NEW YORK NY 100161502 JOHN R BURAN 1.0 X 0 0 0 MARTIN A DIETRICH 1.0 X 0 0 0 GAIL COHEN 1.0 X 0 0 0 JAMES J LANDY 1.0 X 0 0 0 MARK J CZARNECKI 1.0 X 0 0 0 JOSEPH R FICALORA 1.0 X 0 0 0 PETER G HUMPHREY 1.0 X 0 0 0 CHARLES V WAIT 1.0 X 0 0 0 THOMAS L HOY 1.0 X 0 0 0 THOMAS W SCHNEIDER 1.0 X 0 0 0 JOHN DOWD 1.0 X 0 0 0 KENNETH J ENTEMANN 1.0 X 0 0 0 STEPHEN S ROMAINE 1.0 X 0 0 0 ANTHONY P COSTA 1.0 X 0 0 0 DONALD E GIBSON 1.0 X 0 0 0 RONALD M BENTLEY 1.0 X 0 0 0 GREGORY B BRACA 1.0 X 0 0 0 JEFFREY H BARKER 1.0 X 0 0 0 ANDREW IRELAND 1.0 X 0 0 0 JOHN R KOELMEL 1.0 X 0 0 0 JACK H WEBB 1.0 X 0 0 0 TERRY R SATURNO 1.0 X 0 0 0 MONTE N REDMAN 1.0 X 0 0 0 HOWARD P MILSTEIN 1.0 X 0 0 0 THELMA B FERGUSON 1.0 X 0 0 0 MICHAEL P SMITH 40.0 X X 1198215 80000 14865 FRANK D FILIPO 1.0 X 0 0 0 WILLIAM E BROWN 1.0 X 0 0 0 JOHN W ALEXANDER 1.0 X 0 0 0 MARK E TRYNISKI 1.0 X 0 0 0 HUGH J DONLON 1.0 X 0 0 0 KEVIN M O'CONNOR 1.0 X 0 0 0 ROBERTA KOTKIN 40.0 X 337819 46500 4033 KEVIN M HICKS 40.0 X 152426 71000 18963 ELISA R LEGG 40.0 X 233164 0 20576 MARY K ROBB 40.0 X 185437 0 12672 SUSAN M STONE 40.0 X 20668 263000 12714 KAREN L ARMSTRONG 40.0 X 183123 0 7928 WILLIAM J BOSIES 40.0 X 202412 0 30637 DANIEL L BABB 40.0 X 10435 153000 6308 STEPHEN W RICE 40.0 X 163992 0 21246 2687691 613500 149942 8 false true true 99 Park Ave Associates LP 99 PARK AVE NEW YORK NY 100161601 BUILDING LEASE 616776 WilsonElserMoskowitzEdelmanDick 150 East 42nd St NEW YORK NY 100175639 LEGISLATIVE SERVICES 454963 THE WALDORF ASTORIA 301 PARK AVENUE NEW YORK NY 10022 ANNUAL MEETING 190937 OXFORD HEALTH PLANS PO BOX 7080 BRIDGEPORT CT 06601 HEALTH INSURANCE 162865 DOUBLETREE 6301 STATE ROUTE 298 EAST SYRACUSE NY 13057 CONFERENCES 133306 5 0 BANK MEMBERSHIP DUES 900099 1528748 1528748 SERVICE MEMBER AND ASSOCIATE MEMBER FEES 900099 180000 180000 EDUCATIONAL MEMBERSHIP FEES 611600 1252226 1252226 2960974 803206 0 803206 0 0 5873724 5065121 808603 808603 808603 0 0 0 MANAGEMENT FEES 541900 89570 89570 OTHER INCOME 900099 39741 39741 129311 4702094 3090285 0 1611809 0 0 0 0 2767426 0 523995 318096 34039 192268 0 0 0 612733 0 117691 70659 50379 89655 26422 0 508827 36573 0 788141 12313 0 119509 34713 MEMBERSHIP DUES & SUBSCRIPTION 18269 CHARITABLE CONTRIBUTIONS 6000 COMMITTEE EXPENSES 9940 MISCELLANEOUS EXPENSES 1718 6339366 566258 360659 142000 142162 0 0 475277 579659 0 0 0 0 0 0 0 0 89571 135650 1153825 1036232 115086 117593 41642279 34536459 0 0 0 0 0 0 1144042 1076519 44174513 36948701 557577 518969 0 0 805564 756902 0 0 0 0 0 0 0 0 0 0 5554436 7150599 6917577 8426470 X -16920152 -25450217 54177088 53972448 0 0 37256936 28522231 44174513 36948701 X -1637272 -7097433 X false true true X false 0 false false false false 5306819 2330389 2330389 2653410 -323021 DUES PART III-B, LINE 1 TOTAL DUES, ASSESSMENTS AND SIMILAR AMOUNTS FROM MEMBERS INCLUDES $3,778,017 OF DUES EQUIVALENTS FROM MEMBER BANKS. 54177088 204640 53972448 54177088 54177088 54177088 54177088 53096428 1080660 54177088 0.00000 0.00000 1.00000 false false 348732 330836 17896 805093 705396 99697 117593 0 DEFERRED RENT 15785 DEFERRED COMPENSATION 194198 PENSION LIABILITY 6940616 7150599 INTENDED USES OF ENDOWMENT FUNDS SCHEDULE D, PART V, LINE 4 Temporarily restricted net assets consist of New Century Fund investments to be held indefinitely. The income, consisting of realized and unrealized gains and losses, dividends and interest, is unrestricted and expendable to support the Association's programs and services. FIN 48 DISCLOSURE SCHEDULE D, PART X The Association has adopted the accounting pronouncement dealing with uncertain tax positions. The Association had no unrecognized tax benefits. Furthermore, the Company had no unrecognized tax benefits at April 30, 2012 and 2011. X true true X X X X true true false ELISA R LEGG 205326 0 25000 0 2838 0 0 0 20576 0 253740 0 0 0 MARY K ROBB 161081 0 20000 0 4356 0 0 0 12672 0 198109 0 0 0 SUSAN M STONE -7170 263000 25000 0 2838 0 0 0 12714 0 33382 263000 0 0 DANIEL L BABB -555 153000 10000 0 990 0 0 0 6308 0 16743 153000 0 0 STEPHEN W RICE 73904 0 10000 0 80088 0 0 0 21246 0 185238 0 0 0 KAREN L ARMSTRONG 162133 0 20000 0 990 0 0 0 7928 0 191051 0 0 0 ROBERTA KOTKIN 284981 46500 50000 0 2838 0 0 0 4033 0 341852 46500 0 0 KEVIN M HICKS 128070 71000 20000 0 4356 0 0 0 18963 0 171389 71000 0 0 WILLIAM J BOSIES 198056 0 0 0 4356 0 0 0 30637 0 233049 0 0 0 AVERAGE HOURS PER WEEK BY FULL TIME PERSONNEL SCHEDULE J-2, PART I, COLUMN B 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. HEALTH CLUB DUES SCHEDULE J, PART I, LINE 1A THE ASSOCIATION PAID CERTAIN FOR CERTAIN HEALTH CLUB DUES FOR CERTAIN MEMBERS OF MANAGEMENT. THE COMPANY HAS A WRITTEN POLICY REGARDING THE PAYMENT OR REIMBURSEMENT OF THESE EXPENSES. SEVERANCE PAYMENTS SCHEDULE J, PART I, LINE 4A DURING THE FISCAL YEAR ENDED APRIL 30, 2012, THERE WAS ONE SEVERANCE PAYMENT MADE TO A FORMER EMPLOYEE. THIS EMPLOYEE WAS STEVEN W. RICE, AND THE AMOUNT OF THE SEVERANCE PAYMENT WAS $77,250. MEMBERS FORM 990, PART VI, SECTION A, LINES 6, 7A AND 7B THE ASSOCIATION IS MADE UP OF APPROXIMATELY 130 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, NON-RESIDENT 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:CHAIRMAN, VICE CHAIRMAN, TREASURER, FIVE PAST CHAIRMEN, CHAIRMAN OF THE GOVERNMENT RELATIONS COUNCIL, CHAIRMAN OF THE RETAIL BANKING DIVISION, VICE CHAIRMAN OF THE RETAIL BANKING DIVISION, THE CHAIRMAN OF THE TRUST DIVISION, THE VICE CHAIRMAN OF THE TRUST DIVISION, THE CHAIRMAN OF THE INSURANCE AND MEMBER SERVICES DIVISION, THE CHAIRMAN OF THE EDUCATION COMMITTEE, ONE REPRESENTATIVE OF EACH OF THE ASSOCIATION'S SEVEN ASSET CLASSES, 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. REVIEW OF FORM 990 BY THE ORGANIZATION'S GOVERNING BODY FORM 990, PART VI, SECTION A, LINE 11 Prior to filing, this 990 was prepared and reviewed by the Association's CFO and its outside accountant. It was also reviewed by the Association's General Counsel and COO, as well as its President and CEO and the Executive Committee, which is chaired by the Association Chairman. At the Association's JANUARY 2013 BOARD MEETING, the Chairman informed the entire Board of Directors that this form was available for their review prior to its filing by contacting the treasurer of the board for a copy. CONFLICT OF INTEREST POLICY FORM 990, PART VI, SECTION B, LINES 12A, 12B AND 12C 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 MANAGMENT FOR CONFLISTS 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. DETERMINATION OF COMPENSATION FORM 990, PART VI, SECTION B, LINES 15A, 15B AND 15C Every SEVERAL years a compensation study is performed by outside consultants on the CEO, and other select key employees. The last time a formal study was performed was December, 2005. 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 awards. AVAILABILITY OF GOVERNING DOCUMENTS FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE available TO THE PUBLIC UPON REQUEST. RECONCILIATION OF NET ASSETS FORM 990, PART XI, LINE 5 THIS ADJUSTMENT CONTAINS ADJUSTMENTS FOR UNREALIZED LOSSES FROM INVESTMENTS OF ($4,828,941), AS WELL AS ASC 715-30 ADJUSTMENT OF ($2,260,159) AND A PRIOR PERIOD ADJUSTMENT OF $(8,333). 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