2012-07-26T12:33:30-05:00 2011-12-31 542076905 BST ADVISORS LLC 26 COMPUTER DRIVE WEST ALBANY NY 12205 990 2011-01-01 141401680 BUSINESS COUNCIL OF NEW YORK STATE INC BUSI 5184657511 12 CORPORATE WOODS BLVD NO 17 ALBANY NY 122112390 HEATHER BRICCETTI 5184657511 2012-07-23 1 RICHARD O BOLLAM P00050568 5184596700 2011 2016-02-24 21:20:13Z HEATHER BRICCETTI 152 WASHINGTON AVE ALBANY NY 12210 6825971 0 X WWW.BCNYS.ORG X 1980 NY PROMOTING ECONOMIC GROWTH AND DEVELOPMENT IN NEW YORK STATE 53 52 56 0 0 0 396100 0 4438934 4476949 83138 48203 2135034 2300603 7053206 6825755 0 0 0 0 4818930 4816075 0 0 0 2124665 2040742 6943595 6856817 109611 -31062 4206747 4454506 5497459 8209964 -1290712 -3755458 WORKING TO CREATE ECONOMIC GROWTH, GOOD JOBS AND STRONG COMMUNITIES ACROSS NEW YORK STATE. 0 0 6856817 THE ASSOCIATION REPRESENTS NEW YORK STATE'S BUSINESS COMMUNITY BY SPONSORING CONFERENCES AND SPECIAL EVENTS AND PRODUCING PUBLICATIONS DEALING WITH ECONOMIC GROWTH AND DEVELOPMENT. 6856817 0 0 0 1 0 0 0 0 0 1 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 1 31 0 1 56 1 0 0 0 0 0 0 X 53 52 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X SUZANNE JENSEN 5184657511 12 CORPORATE WOODS SUITE 17 ALBANY NY 122112390 DAVID SMITH 1.00 X 0 0 0 DAVID KLEIN 1.00 X 0 0 0 PAUL SPERANZA JR 1.00 X 0 0 0 KEVIN BURKE 1.00 X 0 0 0 KIRK GREGG 1.00 X 0 0 0 ERIC MOWER 1.00 X 0 0 0 LINDA SANFORD 1.00 X 0 0 0 MARK WAGAR 1.00 X 0 0 0 MATTHEW AUGUSTINE 1.00 X 0 0 0 B REUBEN AUSPITZ 1.00 X 0 0 0 BRUCE BOYEA 1.00 X 0 0 0 TERRY BROWN 1.00 X 0 0 0 MARTIN CASSIDY 1.00 X 0 0 0 ANTHONY COLLINS 1.00 X 0 0 0 PAUL COMEAU 1.00 X 0 0 0 HUGH DONLON 1.00 X 0 0 0 MICHAEL DOYLE 1.00 X 0 0 0 MICHAEL FALCONE 1.00 X 0 0 0 RICHARD FLAHERTY 1.00 X 0 0 0 WILLIAM GOLDEN 1.00 X 0 0 0 MARSHA GORDON 1.00 X 0 0 0 GAIL GRIMMET 1.00 X 0 0 0 ROGER HANNAY 1.00 X 0 0 0 GREGORY HARDEN 1.00 X 0 0 0 PETER HUMPHREY 1.00 X 0 0 0 D CAMERON HYDE 1.00 X 0 0 0 THOMAS JUDSON JR 1.00 X 0 0 0 JILL KAPLAN 1.00 X 0 0 0 THOMAS KING 1.00 X 0 0 0 STANFORD LIPSEY 1.00 X 0 0 0 MICHAEL MASSE 1.00 X 0 0 0 PATRICIA MCMAHON 1.00 X 0 0 0 KATHRYN MORRISSEY 1.00 X 0 0 0 KEVIN MURPHY 1.00 X 0 0 0 JOHN MURRAY 1.00 X 0 0 0 KEVIN NEUMAIER 1.00 X 0 0 0 ROBERT PRANTIL 1.00 X 0 0 0 ERIN REUSS-HANNAFIN 1.00 X 0 0 0 JULIE SHIMER 1.00 X 0 0 0 MURIEL SIEBERT 1.00 X 0 0 0 TERRY TABER 1.00 X 0 0 0 KENNETH THEOBALDS 1.00 X 0 0 0 MICHAEL ZARCONE 1.00 X 0 0 0 NANCY ZIMPHER 1.00 X 0 0 0 HEATHER BRICCETTI 35.00 X X 217274 0 21793 JAMES GASPO 1.00 X 0 0 0 JAMES GERACE 1.00 X 0 0 0 KAREN BOYKIN-TOWNS 1.00 X 0 0 0 STEVEN LANT 1.00 X 0 0 0 WILLIAM BROWN 1.00 X 0 0 0 KEN FITZPATRICK 1.00 X 0 0 0 MICHAEL NEVINS 1.00 X 0 0 0 JOSEPH RACCUIA 1.00 X 0 0 0 KENNETH ADAMS 35.00 X 135731 0 7290 KENNETH POKALSKY 35.00 X 166474 0 22806 SUZANNE JENSEN 35.00 X 160923 0 15175 RICHARD CUTTING-MILLER 35.00 X 160000 0 18981 MARK NAVIN 35.00 X 143414 0 17991 MARGARET MOREE 35.00 X 132730 0 20861 1116546 0 124897 7 0 1 0 0 MEMBERSHIP DUES 900099 3972388 3972388 CONFERENCES AND MEETIN 900099 504561 504561 4476949 46984 46984 1435 216 1219 1219 1219 ADMINISTRATIVE INCOME 561000 2312918 2312918 MISCELLANEOUS INCOME 541900 532 532 LOSS IN SUBSIDIARIES 900099 -12847 -12847 2300603 6825755 6777552 0 48203 1116546 2240937 784768 425351 248473 23279 25326 299594 8073 115810 473932 111693 351816 29653 34420 EQUIPMENT MAINTENANCE & 151757 MEMBER COMMUNICATIONS 140432 SUPPLIES & REFERENCE MA 98393 SALES INCENTIVES 97154 79410 6856817 1632620 1748600 266715 361544 37026 24214 146783 156962 296284 163661 163625 132623 1198739 1278278 761239 752285 4206747 4454506 274282 385035 29657 40168 9264 5184256 7784761 5497459 8209964 X -1326674 -3755458 35962 0 -1290712 -3755458 4206747 4454506 X -31062 -2433684 X X 0 1 1 X 0 0 0 0 3972388 554609 554609 554609 23536 3786 19750 272748 159875 112873 132623 INVESTMENT PORTFOLIO 1278278 F 1278278 CASH SURRENDER VALUE OF LIFE INSURANCE 160842 SECURITY DEPOSITS 43918 EQUITY IN SUBSIDIARIES 547525 752285 DEFERRED COMPENSATION 218342 ACCRUED PENSION COST 7566419 7784761 6825755 6856817 -31062 31372 -2465056 -2433684 -2464746 6857127 31372 31372 6825755 0 6825755 6856817 0 6856817 0 6856817 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE COUNCIL IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. THE PAC IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 527 OF THE INTERNAL REVENUE CODE. THE SERVICE CORPORATION AND WC ADMINISTRATORS ARE TAXABLE CORPORATIONS AND RECORD INCOME TAXES USING THE ASSET AND LIABILITY METHOD. DEFERRED TAX ASSETS AND LIABILITIES ARE DETERMINED BASED ON THE DIFFERENCES BETWEEN THE FINANCIAL ACCOUNTING AND TAX BASIS OF ASSETS AND LIABILITIES. DEFERRED TAX ASSETS OR LIABILITIES AT THE END OF EACH PERIOD ARE DETERMINED USING THE CURRENTLY ENACTED TAX RATE EXPECTED TO APPLY TO TAXABLE INCOME IN THE PERIODS IN WHICH THE DEFERRED TAX ASSET OR LIABILITY IS EXPECTED TO BE SETTLED OR REALIZED. DEFERRED TAX EXPENSE (BENEFIT) IS THE RESULT OF CHANGES IN DEFERRED TAX ASSETS AND LIABILITIES. THE SERVICE CORPORATION AND WC ADMINISTRATORS, TOGETHER WITH THEIR TAXABLE AFFILIATE, THE INSURANCE FUND, ARE ALL MEMBERS OF A CONTROLLED GROUP UNDER IRC 1563(A). THE SERVICE CORPORATION AND WC ADMINISTRATORS EACH FILE A FORM 1120 (C CORP RETURN) ANNUALLY. THE BUSINESS COUNCIL AND THE PAC FILE FORMS 990 AND 1120POL, RESPECTIVELY (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX). WHEN THE RETURNS ARE FILED, IT IS HIGHLY CERTAIN THAT SOME POSITIONS TAKEN WOULD BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHERS ARE SUBJECT TO UNCERTAINTY ABOUT THE MERITS OF THE TAX POSITION TAKEN OR THE AMOUNT OF THE POSITION THAT WOULD ULTIMATELY BE SUSTAINED. TAX POSITIONS ARE NOT OFFSET OR AGGREGATED WITH OTHER POSITIONS. TAX POSITIONS THAT MEET THE "MORE LIKELY THAN NOT" RECOGNITION THRESHOLD ARE MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS MORE THAN 50% LIKELY TO BE REALIZED ON SETTLEMENT WITH THE APPLICABLE TAXING AUTHORITY. THE PORTION OF THE BENEFITS ASSOCIATED WITH TAX POSITIONS TAKEN THAT EXCEEDS THE AMOUNT MEASURED AS DESCRIBED ABOVE IS REFLECTED AS A LIABILITY FOR UNCERTAIN TAX BENEFITS IN THE ACCOMPANYING CONSOLIDATED STATEMENT OF FINANCIAL POSITION ALONG WITH ANY ASSOCIATED INTEREST AND PENALTIES THAT WOULD BE PAYABLE TO THE TAXING AUTHORITIES UPON EXAMINATION. FORMS 1120 FILED BY THE SERVICE CORPORATION AND WC ADMINISTRATORS, FORM 990 FILED BY THE COUNCIL, AND FORM 1120POL FILED BY THE PAC ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE UP TO THREE YEARS FROM THE EXTENDED DUE DATE OF EACH RETURN. FORMS 1120 FILED BY THE SERVICE CORPORATION AND WC ADMINISTRATORS AND FORMS 990 AND 1120POL FILED BY THE COUNCIL AND THE PAC, RESPECTIVELY, ARE NO LONGER SUBJECT TO EXAMINATION FOR THE FISCAL YEARS ENDED DECEMBER 31, 2008, AND PRIOR. PART XI, LINE 8 - OTHER ADJUSTMENTS: DEFINED BENEFIT PLAN CHANGES -2,465,056. 1 X X X X 0 0 0 HEATHER BRICCETTI 217274 0 0 0 0 0 10863 0 10930 0 239067 0 0 0 KENNETH POKALSKY 166474 0 0 0 0 0 8324 0 14482 0 189280 0 0 0 SUZANNE JENSEN 160923 0 0 0 0 0 8046 0 7129 0 176098 0 0 0 RICHARD CUTTING-MILLER 160000 0 0 0 0 0 8000 0 10981 0 178981 0 0 0 MARK NAVIN 143414 0 0 0 0 0 7171 0 10820 0 161405 0 0 0 MARGARET MOREE 132730 0 0 0 0 0 6637 0 14224 0 153591 0 0 0 X SOFTWARE 1 25636 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE BUSINESS COUNCIL HAS A SINGLE CLASS OF DUES-PAYING MEMBERS. ALL MEMBERS ARE ENTITLED TO THE SAME BENEFITS AND HAVE ACCESS TO ALL MEMBER SERVICES. DUES ARE BASED UPON THE NUMBER OF FULL TIME NEW YORK STATE EMPLOYEES. FORM 990, PART VI, SECTION A, LINE 7A BUSINESS COUNCIL MEMBERS ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING OF THE MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7B THE NOMINATING/GOVERNANCE COMMITTEE (PART OF THE GOVERNING BODY) RECOMMENDS NOMINEES FOR THE BOARD. THE MEMBERSHIP ELECTS THE BOARD AT THE ANNUAL MEETING OF THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11 IN 2009 THE BOARD OF DIRECTORS ASSIGNED TO THE FINANCE COMMITTEE THE TASK OF OVERSEEING AND REVIEWING THE 990 ON THEIR BEHALF. FOR 2011, THE 990 WAS DISTRIBUTED TO THE FULL BOARD FOR THEIR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES AND MEMBERS OF THE BOARD OF DIRECTORS RECERTIFY THEIR UNDERSTANDING AND ACCEPTANCE OF THE POLICY EACH YEAR BY SUBMITTING A NEW SIGNED ACKNOWLEDGEMENT OF THE POLICY EVERY JANUARY. FORM 990, PART VI, SECTION B, LINE 15A A COMPENSATION COMMITTEE, AS A SUBSET OF THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS, DETERMINES COMPENSATION FOR THE PRESIDENT/CEO EACH YEAR AFTER A REVIEW OF THE PRIOR YEAR'S FINANCIALS, OTHER BUSINESS GOALS AND COMPENSATION SURVEY DATA FROM COMPARABLE ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY IS OPEN TO THE PUBLIC UPON REQUEST. THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE OPEN TO BUSINESS COUNCIL MEMBERS AND MEMBERS OF THE BOARD OF DIRECTORS UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 31,372. DEFINED BENEFIT PLAN CHANGES -2,465,056. TOTAL TO FORM 990, PART XI, LINE 5: -2,433,684. FORM 990, PART XII, LINE 2C THE FINANCE AND AUDIT COMMITTEE HAS OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITORS. THIS PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. THE PUBLIC POLICY INSTITUTE OF NEW YORK STATE INC 152 WASHINGTON AVENUE ALBANY NY 12210 CONDUCT RESEARCH & ENCOURAGE STUDY OF BUSINESS POLICIES IN NYS. NY 501(C)3 170(B)(1)(A)(VI) N/A 0 THE BUSINESS COUNCIL SERVICE CORPORATION 12 CORPORATE WOODS ALBANY NY 12211 141460520 MARKETING SERVICES RELATED TO LINES OF INSURANCE OFFERED BY INSURANCE FUND NY N/A C 1.00000 THE BUSINESS COUNCIL WORKERS' COMPENSATION ADMINISTRATORS INC 12 CORPORATE WOODS ALBANY NY 12211 141787162 MARKETING SERVICES FOR A WORKERS COMPENSATION SAFETY GROUP. NY N/A C 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 SERVICE CORPORATION N 750826 PUBLIC POLICY INSTITUTE N 104290 WORKERS COMPENSATION ADMINISTRATORS N 34701 THE BUSINESS COUNCIL OF NYS INSURANCE FUND N 927393 SERVICE CORPORATION M 58989 PUBLIC POLICY INSTITUTE M 8731 WORKERS COMPENSATION ADMINISTRATORS M 5182 THE BUSINESS COUNCIL OF NYS INSURANCE FUND M 83970 SERVICE CORPORATION P 118780 PUBLIC POLICY INSTITUTE P 10726 WORKERS COMPENSATION ADMINISTRATORS P 18444 THE BUSINESS COUNCIL OF NYS INSURANCE FUND P 189793