NEW YORK BANKERS ASSOCIATION INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- NEW YORK BANKERS ASSOCIATION INC (EIN 13-1882974)
- Tax period
- 2010-05-01 to 2011-04-30
- Filed
- 2012-03-13
- IRS object ID
- 201240739349300214
- Schema version
- 2010v3.4
- 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) |
|---|---|---|
| Timestamp | 2012-03-13T10:26:43-05:00 | Timestamp |
| Tax Period End Date | 2011-04-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WITHUM SMITH BROWN PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 VAUGHN DR | AddressLine1 |
| City | PRINCETON | City |
| State | NJ | State |
| ZIP Code | 085406313 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-05-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131882974 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW YORK BANKERS ASSOCIATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NEWY | NameControl |
| Phone | 2122971669 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 99 PARK AVE FL 4 | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 100161502 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KEVIN M HICKS | Name |
| Title | CHIEF FINANCIAL OFFICER | Title |
| Date Signed | 2012-02-15 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RICHARD C COYNE | Name |
| Phone | 6095201188 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | MICHAEL P SMITH | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 99 PARK AVE 4TH FLOOR | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 100161502 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 12658972 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.NYBA.COM | WebSite |
| Type Of Organization Association | X | TypeOfOrganizationAssociation |
| Year Formation | 1894 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | TO PROMOTE THE GENERAL WELFARE AND USEFULNESS OF BANKS, TRUST COMPANIES AND BANKING ORGANIZATIONS AND ACTIVITIES CLOSELY RELATED TO BANKING AND FINANCIAL SERVICES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 29 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 28 | NbrIndependentVotingMembers |
| Total Nbr Employees | 19 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 2582126 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 2807606 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -8013525 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1552020 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 123171 | OtherRevenuePriorYear |
| Other Revenue Current Year | 200880 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | -5308228 | TotalRevenuePriorYear |
| Total Revenue Current Year | 4560506 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 3317262 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 3949968 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2387210 | OtherExpensePriorYear |
| Other Expenses Current Year | 2436761 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 5704472 | TotalExpensesPriorYear |
| Total Expenses Current Year | 6386729 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -11012700 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1826223 | RevenuesLessExpensesCY |
| Total Assets BOY | 41685090 | TotalAssetsBOY |
| Total Assets EOY | 44174513 | TotalAssetsEOY |
| Total Liabilities BOY | 6995224 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 6917577 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 34689866 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 37256936 | NetAssetsOrFundBalancesEOY |
| Mission Description | 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. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Description | 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. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | 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. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In501 C3 | false | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | true | PoliticalActivities |
| Subject To Proxy Tax | true | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | true | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 32 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 19 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 29 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 28 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | KEVIN HICKS CFO | NamePerson |
| Telephone Number | 2122971669 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 99 PARK AVE 4TH FLOOR | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 100161502 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (48 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Institutional TrusteeInstitutionalTrustee | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| MARK J CZARNECKI | ||||||||
| IMMEDIATE PAST CHAIRMAN | 1.0 | X | 0 | 0 | 0 | |||
| JOHN R BURAN | ||||||||
| CHAIRMAN | 1.0 | X | 0 | 0 | 0 | |||
| MARTIN A DIETRICH | ||||||||
| VICE CHAIRMAN | 1.0 | X | 0 | 0 | 0 | |||
| JOHN M SCARCHILLI | ||||||||
| PAST CHAIRMAN | 1.0 | X | 0 | 0 | 0 | |||
| JOSEPH R FICALORA | ||||||||
| PAST CHAIRMAN | 1.0 | X | 0 | 0 | 0 | |||
| PETER G HUMPHREY | ||||||||
| PAST CHAIRMAN | 1.0 | X | 0 | 0 | 0 | |||
| THOMAS M O'BRIEN | ||||||||
| PAST CHAIRMAN | 1.0 | X | 0 | 0 | 0 | |||
| CHARLES V WAIT | ||||||||
| PAST CHAIRMAN | 1.0 | X | 0 | 0 | 0 | |||
| THOMAS L HOY | ||||||||
| PAST CHAIRMAN | 1.0 | X | 0 | 0 | 0 | |||
| GEORGE L ENGELKE JR | ||||||||
| PAST CHAIRMAN | 1.0 | X | 0 | 0 | 0 | |||
| MELINDA SARTORI | ||||||||
| TRUST DIVISION CHAIR | 1.0 | X | 0 | 0 | 0 | |||
| ROBERT M FISHER | ||||||||
| PAST RETAIL DIVISION CHAIR | 1.0 | X | 0 | 0 | 0 | |||
| RAYMOND C RADIGAN | ||||||||
| PAST TRUST DIVISION CHAIR | 1.0 | X | 0 | 0 | 0 | |||
| STEPHEN S ROMAINE | ||||||||
| EDUCATION COMMITTEE CHAIR | 1.0 | X | 0 | 0 | 0 | |||
| THOMAS H PICHE | ||||||||
| PAST MEMBER SERVICE DIV CHAIR | 1.0 | X | 0 | 0 | 0 | |||
| ANTHONY P COSTA | ||||||||
| ASSET CLASS I REPRESENTATIVE | 1.0 | X | 0 | 0 | 0 | |||
| ROBERT A SCHICK | ||||||||
| PAST ASSET CLASS II REP | 1.0 | X | 0 | 0 | 0 | |||
| JAMES J LANDY | ||||||||
| GOVERNMENT RELATIONS CHAIR | 1.0 | X | 0 | 0 | 0 | |||
| GEORGE STRAYTON | ||||||||
| ASSET CLASS IV REPRESENTATIVE | 1.0 | X | 0 | 0 | 0 | |||
| RICKY L OTEY | ||||||||
| ASSET CLASS V REPRESENTATIVE | 1.0 | X | 0 | 0 | 0 | |||
| JEFFREY H BARKER | ||||||||
| ASSET CLASS VI REPRESENTATIVE | 1.0 | X | 0 | 0 | 0 | |||
| ANDREW IRELAND | ||||||||
| ASSET CLASS VII REPRESENTATIVE | 1.0 | X | 0 | 0 | 0 | |||
| JOHN R KOELMEL | ||||||||
| GROUP CHAIRMAN | 1.0 | X | 0 | 0 | 0 | |||
| JACK H WEBB | ||||||||
| INS & MEMBER SERVICE DIV CHAIR | 1.0 | X | 0 | 0 | 0 | |||
| DOUGLAS C GULOTTY | ||||||||
| PAST GROUP CHAIRMAN | 1.0 | X | 0 | 0 | 0 | |||
| DAVID T COCKS | ||||||||
| PAST GROUP CHAIRMAN | 1.0 | X | 0 | 0 | 0 | |||
| MICHAEL N VITTORIO | ||||||||
| PAST GROUP CHAIRMAN | 1.0 | X | 0 | 0 | 0 | |||
| HOWARD P MILSTEIN | ||||||||
| GROUP CHAIRMAN | 1.0 | X | 0 | 0 | 0 | |||
| WILLIAM C MCGARRY | ||||||||
| AT-LARGE DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| WILLIAM E BROWN | ||||||||
| RETAIL DIVISION VICE CHAIR | 1.0 | X | 0 | 0 | 0 | |||
| GAIL E COHEN | ||||||||
| TREASURER | 1.0 | X | 0 | 0 | 0 | |||
| JOHN M DOWD | ||||||||
| TRUST DIVISION VICE CHAIR | 1.0 | X | 0 | 0 | 0 | |||
| DAVID DEMARCO | ||||||||
| RETAIL DIVISION CHAIR | 1.0 | X | 0 | 0 | 0 | |||
| DONALD E GIBSON | ||||||||
| ASSET CLASS II REPRESENTATIVE | 1.0 | X | 0 | 0 | 0 | |||
| MARK E TRYNISKI | ||||||||
| GROUP CHAIRMAN | 1.0 | X | 0 | 0 | 0 | |||
| HUGH J DONLON | ||||||||
| GROUP CHAIRMAN | 1.0 | X | 0 | 0 | 0 | |||
| KEVIN M O'CONNOR | ||||||||
| GROUP CHAIRMAN | 1.0 | X | 0 | 0 | 0 | |||
| MICHAEL P SMITH | ||||||||
| PRESIDENT & CEO | 40.0 | 1134975 | 80000 | 13408 | X | |||
| ROBERTA KOTKIN | ||||||||
| GENERAL COUNSEL & COO | 40.0 | 327911 | 46600 | 4034 | X | |||
| KEVIN M HICKS | ||||||||
| CHIEF FINANCIAL OFFICER | 40.0 | 147015 | 70000 | 20675 | X | |||
| WILLIAM J BOSIES | ||||||||
| SENIOR VICE PRESIDENT | 40.0 | 229496 | 0 | 28842 | X | |||
| ELISA R LEGG | ||||||||
| SENIOR VICE PRESIDENT | 40.0 | 225547 | 0 | 12777 | X | |||
| MARY K ROBB | ||||||||
| SENIOR VICE PRESIDENT | 40.0 | 176443 | 0 | 11881 | X | |||
| SUSAN M STONE | ||||||||
| SENIOR VICE PRESIDENT | 40.0 | 35326 | 243575 | 12422 | X | |||
| KAREN L JANNETTY | ||||||||
| VICE PRESIDENT | 40.0 | 0 | 0 | 0 | X | |||
| KAREN L ARMSTRONG | ||||||||
| VICE PRESIDENT | 40.0 | 176868 | 0 | 9607 | X | |||
| DANIEL L BABB | ||||||||
| VICE PRESIDENT | 40.0 | 9355 | 149350 | 7759 | X | |||
| STEPHEN W RICE | ||||||||
| VICE PRESIDENT | 40.0 | 152954 | 0 | 17767 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2615890 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 589525 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 139172 | TotalOtherCompensation |
| Number Individuals GT100 K | 8 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| 99 Park Ave Associates LP | |||||
| 99 PARK AVE | NEW YORK | NY | 100161601 | BUILDING LEASE | 462571 |
| WilsonElserMoskowitzEdelmanDick | |||||
| 150 East 42nd St | NEW YORK | NY | 100175639 | LEGISLATIVE SERVICES | 376930 |
| THE WALDORF ASTORIA | |||||
| 301 PARK AVENUE | NEW YORK | NY | 10022 | ANNUAL MEETING | 209772 |
| OXFORD HEALTH PLANS | |||||
| PO BOX 7080 | BRIDGEPORT | CT | 06601 | HEALTH INSURANCE | 162504 |
| BANK OF AMERICAMILLIMAN | |||||
| 630 5TH AVENUE 39 | NEW YORK | NY | 10111 | FINANCIAL SERVICES | 129187 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| Total Contributions | 0 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| BANK MEMBERSHIP DUES | 900099 | 1380667 | 1380667 |
| SERVICE MEMBER AND ASSOCIATE MEMBER FEES | 900099 | 180000 | 180000 |
| EDUCATIONAL MEMBERSHIP FEES | 611600 | 1246939 | 1246939 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 2807606 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1031903 | TotalRevenueColumn |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,031,903 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 8618583 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 8098466 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 520117 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 520117 | TotalRevenueColumn |
| Exclusion | $520,117 | ExclusionAmount |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| MANAGEMENT FEES | 541900 | 89570 | 89570 |
| OTHER INCOME | 900099 | 96312 | 96312 |
| DEFERRED INCOME | 900099 | 8333 | 8333 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6665 | TotalRevenueColumn |
| Related Or Exempt Function Income | 6665 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 200880 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4560506 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3008486 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,552,020 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2539724 | Total |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 894361 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 341897 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 53380 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 120606 | Total |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 551855 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 142343 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 40397 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 41675 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 85520 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23595 | Total |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 463843 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37170 | Total |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 847406 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3515 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 123418 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36997 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| MEMBERSHIP DUES & SUBSCRIPTION | 18897 |
| CHARITABLE CONTRIBUTIONS | 4000 |
| COMMITTEE EXPENSES | 15413 |
| MISCELLANEOUS EXPENSES | 717 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6386729 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 556408 | BOY |
| EOY | 566258 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 142000 | BOY |
| EOY | 142000 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 241263 | BOY |
| EOY | 475277 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 63319 | BOY |
| EOY | 89571 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1108065 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 992979 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 149787 | BOY |
| EOY | 115086 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39491420 | BOY |
| EOY | 41642279 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1040893 | BOY |
| EOY | 1144042 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41685090 | BOY |
| EOY | 44174513 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 517650 | BOY |
| EOY | 557577 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 680838 | BOY |
| EOY | 805564 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50000 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5746736 | BOY |
| EOY | 5554436 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6995224 | BOY |
| EOY | 6917577 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -19487222 | BOY |
| EOY | -16920152 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 54177088 | BOY |
| EOY | 54177088 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34689866 | BOY |
| EOY | 37256936 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41685090 | BOY |
| EOY | 44174513 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -1826223 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 4393293 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | 0 | PoliticalExpenditures |
| Volunteer Hours | 0 | VolunteerHours |
| Amt Expended For527 Activities | 0 | AmtExpendedFor527Activities |
| Amt Of Internal Funds Contributed | 0 | AmtOfInternalFundsContributed |
| Total Exmpt Function Expenditures | 0 | TotalExmptFunctionExpenditures |
| Form1120 Pol Filed | false | Form1120PolFiled |
| Total Grassroots Lobbying | TotalGrassrootsLobbying | |
| Total Direct Lobbying | TotalDirectLobbying | |
| Total Lobbying Expenditures | TotalLobbyingExpenditures | |
| Other Exempt Purpose Expenditures | OtherExemptPurposeExpenditures | |
| Total Exempt Purpose Expenditures | TotalExemptPurposeExpenditures | |
| Lobbying Nontaxable | LobbyingNontaxableAmount | |
| Grassroots Nontaxable | GrassrootsNontaxableAmount | |
| Tot Lobbying Grassroot Minus Non Tx | TotLobbyingGrassrootMinusNonTx | |
| Tot Lobby Expend Mns Lobbying Nontx | TotLobbyExpendMnsLobbyingNontx | |
| Substantially All Dues Nondeduct | false | SubstantiallyAllDuesNondeduct |
| Only In House Lobbying | false | OnlyInHouseLobbying |
| Agree To Carryover Prior Year | false | AgreeToCarryoverPriorYear |
| Dues Assessments | 5081980 | DuesAssessments |
| Non Ded Lobby Political Current | 2540990 | NonDedLobbyPoliticalCurrent |
| Non Ded Lobby Political Carryover | -79157 | NonDedLobbyPoliticalCarryover |
| Non Ded Lobby Political Total | 2461833 | NonDedLobbyPoliticalTotal |
| Aggr Amt Reported In Dues Notices | 2855989 | AggrAmtReportedInDuesNotices |
| Taxable | -$394,156 | TaxableAmount |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DUES | Identifier |
| Return Reference | PART III-B, LINE 1 | ReturnReference |
| Explanation | TOTAL DUES, ASSESSMENTS AND SIMILAR AMOUNTS FROM MEMBERS INCLUDES $3,721,313 OF DUES EQUIVALENTS FROM MEMBER BANKS. | Explanation |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 54177088 | BeginningOfYearBalance |
| End Of Year Balance | 54177088 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 54177088 | BeginningOfYearBalance |
| End Of Year Balance | 54177088 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 53096428 | BeginningOfYearBalance |
| Contributions | 1080660 | Contributions |
| End Of Year Balance | 54177088 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.00000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.00000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 1.00000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
| Land | Land | |
| Buildings | Buildings |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 348732 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 47849 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Equipment | Equipment |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 759330 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 67231 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 115080 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DEFERRED RENT | $78,925 |
| DEFERRED COMPENSATION | $213,762 |
| PENSION LIABILITY | $5,261,749 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 5554436 | TotalOfAmounts |
| Total Revenue | 4560506 | TotalRevenue |
| Total Expenses | 6386729 | TotalExpenses |
| Excess Or Deficit For Year | -1826223 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 4312028 | NetUnrealizedGLOnInvestments |
| Other | $285,905 | OtherAmount |
| Total Adjustments | 4597933 | TotalAdjustments |
| Excess Or Deficit Per FS | 2771710 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 9458953 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 4312028 | NetUnrealizedGainsInvestments |
| Other Revenues | 839065 | OtherRevenues |
| Revenue Not Rptd F990 | 5151093 | RevenueNotRptdF990 |
| Revenue Subtotal | 4307860 | RevenueSubtotal |
| Investment Expenses Not Included | 142343 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 110303 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 252646 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 4560506 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 6981481 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 743760 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 743760 | ExpensesNotRptdF990 |
| Expenses Subtotal | 6237721 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 142343 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 6665 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 149008 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 6386729 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| INTENDED USES OF ENDOWMENT FUNDS | SCHEDULE D, PART V, LINE 4 | Permanently 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 adopted the accounting pronouncement dealing with uncertain tax positions as of January 1, 2009. Upon adoption of this accounting pronouncement, the Association had no unrecognized tax benefits. Furthermore, the Company had no unrecognized tax benefits at April 30, 2011. |
| RECONCILIATION OF CHANGE IN NET ASSETS | SCHEDULE D, PART XI, LINE 8 | ASC 715-30 ADJUSTMENT TO NET ASSETS ON AUDITED FINANCIAL STATEMENTS = $285,905. |
| REVENUE INCLUDED ON AUDITED FINANCIAL STATEMENTS, NOT ON FORM 990 | SCHEDULE D, PART XII, LINE 2D | AUDITED FINANCIAL STATEMENTS ARE CONSOLIDATED WITH TWO OTHER ENTITIES THAT FILE THEIR OWN TAX RETURNS. REVENUES RELATED TO THESE ENTITIES AMOUNTED TO $759,015. THERE WAS AN INTERFUND TRANSFER BETWEEN PERMENANTLY RESTRICTED AND UNRESTRICTED NET ASSETS, RESULTING IN INCREASED REVENUE ON THE AUDITED FINANCIAL STATMENTS AMOUNTING TO $80,050. TOTAL = $839,065. |
| REVENUE INCLUDED ON FORM 990, NOT ON AUDITED FINANCIAL STATEMENTS | SCHEDULE D, PART XII, LINE 4B | INCOME RELATED TO ENTITIES THAT IS ELIMINATED IN CONSOLIDATION FOR AUDITED FINANCIAL STATEMENT PURPOSES - $95,305. OTHER INCOME INCLUDED ON FORM 990 NOT INCLUDED ON AUDITED FINANCIAL STATEMENTS: BUSINESS CONTINUITY SEMINAR - $6,665., DEFERRED INCOME - $8,333. |
| EXPENSES INCLUDED ON AUDITED FINANCIAL STATEMENTS, NOT ON FORM 990 | SCHEDULE D, PART XIII, LINE 2D | AUDITED FINANCIAL STATEMENTS ARE CONSOLIDATED WITH TWO OTHER ENTITIES THAT FILE THEIR OWN TAX RETURNS. EXPENSES RELATED TO THESE ENTITIES AMOUNTED TO $663,710. THERE WAS AN INTERFUND TRANSFER BETWEEN PERMENANTLY RESTRICTED AND UNRESTRICTED NET ASSETS, RESULTING IN INCREASED EXPENSES ON THE AUDITED FINANCIAL STATMENTS AMOUNTING TO $80,050. TOTAL = $743,760 |
| EXPENSES INCLUDED ON AUDITED FINANCIAL STATEMENTS, NOT ON FORM 990 | SCHEDULE D, PART XIII, LINE 4B | BUSINESS CONTINUITY SEMINAR - $6,665. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | true | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (10 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MICHAEL P SMITH | |||||||||||
| 843212 | 80000 | 225000 | 0 | 66763 | 0 | 0 | 0 | 9620 | 0 | 1144595 | 80000 |
| ROBERTA KOTKIN | |||||||||||
| 275073 | 46600 | 50000 | 0 | 2838 | 0 | 0 | 0 | 707 | 0 | 328618 | 46600 |
| WILLIAM J BOSIES | |||||||||||
| 200140 | 0 | 25000 | 0 | 4356 | 0 | 0 | 0 | 16482 | 0 | 245978 | 0 |
| ELISA R LEGG | |||||||||||
| 202709 | 0 | 20000 | 0 | 2838 | 0 | 0 | 0 | 5486 | 0 | 231033 | 0 |
| MARY K ROBB | |||||||||||
| 158605 | 0 | 15000 | 0 | 2838 | 0 | 0 | 0 | 5486 | 0 | 181929 | 0 |
| SUSAN M STONE | |||||||||||
| 7488 | 243575 | 25000 | 0 | 2838 | 0 | 0 | 0 | 5486 | 0 | 40812 | 243575 |
| KEVIN M HICKS | |||||||||||
| 122659 | 70000 | 20000 | 0 | 4356 | 0 | 0 | 0 | 11334 | 0 | 158349 | 70000 |
| DANIEL L BABB | |||||||||||
| -1623 | 149350 | 10000 | 0 | 978 | 0 | 0 | 0 | 5486 | 0 | 14841 | 149350 |
| STEPHEN W RICE | |||||||||||
| 144136 | 0 | 6000 | 0 | 2818 | 0 | 0 | 0 | 11902 | 0 | 164856 | 0 |
| KAREN L ARMSTRONG | |||||||||||
| 155878 | 0 | 20000 | 0 | 990 | 0 | 0 | 0 | 5486 | 0 | 182354 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| 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 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, 2011, THERE WERE NO SEVERANCE PAYMENTS MADE TO FORMER EMPLOYEES. |
| PARTICIPATION IN NON-QUALIFIED RETIREMENT PLAN | SCHEDULE J, PART I, LINE 4B | MICHAEL SMITH, CEO, RECEIVED $156,000. UNDER THE ASSOCIATION'S SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN. THIS AMOUNT IS INCLUDED IN THE TOTAL REPORTABLE COMPENSATION OF $1,144,595. ON SCHEDULE J-2, PART I, COLUMN D. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| 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 FEBRUARY 1, 2012 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 UNREALIZED LOSSES FROM INVESTMENTS ($4,312,028) AS WELL AS AN ADJUSTMENT FOR INTERFUND TRANSFERS. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|
| NY STATE BANKERS RETIREMENT SYSTEM | |||||||||
| 99 PARK AVE 4TH FLOOR | NEW YORK | NY | 10016 | 131882974 | PENSION TRUST | NY | 401(A) | N/A | NA |
| NYBA POLITICAL ACTION COMMITTEE (STATE) | |||||||||
| 99 PARK AVE 4TH FLOOR | NEW YORK | NY | 10016 | 137127770 | PAC | NY | 527 | N/A | NA |
| NYBA POLITICAL ACTION COMMITTEE (FED) | |||||||||
| 99 PARK AVENUE 4TH FLOOR | NEW YORK | NY | 10016 | 131882974 | PAC | NY | 527 | N/A | NA |
| NEW YORK BANKERS COMMUNITY PAC | |||||||||
| 99 PARK AVENUE 4TH FLOOR | NEW YORK | NY | 10016 | 131882974 | PAC | NY | 527 | N/A | NA |
Form990 Schedule R Part III Form990ScheduleRPartIII (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Predominant Income TypePredominantIncomeType | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Disproportionate AllocationsDisproportionateAllocations | Code VCodeVAmount | General Or Managing PartnerGeneralOrManagingPartner | Percentage OwnershipPercentageOwnership |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NYS BANKERS GROUP CREDITORS INSURANCE | ||||||||||||||
| 99 PARK AVE 4TH FLOOR | NEW YORK | NY | 100161502 | 136799221 | TRUST | NY | NA | NONE | 0 | 0 | false | $0 | false | 0.00000 |
| NYS BANKERS GROUP EMPLOYEE INSURANCE | ||||||||||||||
| 99 PARK AVE 4TH FLOOR | NEW YORK | NY | 100161502 | 136798918 | TRUST | NY | NA | NONE | 0 | 0 | false | $0 | false | 0.08419 |
Form990 Schedule R Part IV Form990ScheduleRPartIV (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Type Of EntityTypeOfEntity | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Percentage OwnershipPercentageOwnership |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CIRCUIT AGENCY INC | |||||||||||
| 99 PARK AVE 4TH FLOOR | NEW YORK | NY | 100161502 | 133419085 | INSURANCE SER | NY | NA | C CORP | -5969 | 173873 | 1.00000 |
| NEW YORK BANKERS SERVICE CORPORATION INC | |||||||||||
| 99 PARK AVE 4TH FLOOR | NEW YORK | NY | 100161502 | 133691959 | INSURANCE SER | NY | NA | C CORP | -89336 | 454721 | 1.00000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | true | SharingOfFacilities |
| Sharing Of Paid Employees | true | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | true | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (15 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| CIRCUIT AGENCY INC | |
| M | 5035 |
| NEW YORK BANKERS SERVICE CORPORATION INC | |
| M | 7535 |
| NYS BANKERS GROUP CREDITORS INSURANCE TRUST | |
| M | 72647 |
| NYS BANKERS GROUP EMPLOYEE TRUST | |
| M | 27641 |
| NEW YORK BANKERS RETIREMENT SYSTEM | |
| M | 10298 |
| CIRCUIT AGENCY INC | |
| N | 86900 |
| NEW YORK BANKERS SERVICE CORPORATION INC | |
| N | 435600 |
| NYS BANKERS GROUP CREDITORS TRUST | |
| N | 366300 |
| NYS BANKERS GROUP EMPLOYEE TRUST | |
| N | 139700 |
| NEW YORK BANKERS RETIREMENT SYSTEM | |
| N | 96360 |
| CIRCUIT AGENCY INC | |
| P | 8329 |
| NEW YORK BANKERS SERVICE CORPORATION INC | |
| P | 62914 |
| NYS BANKERS GROUP CREDITORS TRUST | |
| P | 57616 |
| NYS BANKERS GROUP EMPLOYEE TRUST | |
| P | 40141 |
| NEW YORK BANKERS RETIREMENT SYSTEM | |
| P | 39245 |