NEW YORK SHIPPING ASSOCIATION INC: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- NEW YORK SHIPPING ASSOCIATION INC (EIN 13-5637319)
- Tax period
- 2009-10-01 to 2010-09-30
- Filed
- 2011-05-12
- IRS object ID
- 201141329349302929
- Schema version
- 2009v1.2
- 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 | 2011-05-12T14:28:13-07:00 | Timestamp |
| Tax Period End Date | 2010-09-30 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 135637319 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW YORK SHIPPING ASSOCIATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NEWY | NameControl |
| Phone | 7324527800 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 THORNALL STREET SUITE 3A | AddressLine1 |
| City | EDISON | City |
| State | NJ | State |
| ZIP Code | 08837 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Daniel Massaro | Name |
| Title | Chief Financial Officer | Title |
| Phone | 7324527812 | Phone |
| Date Signed | 2011-03-07 | DateSigned |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
Name Of Principal Officer Business NameOfPrincipalOfficerBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOSEPH C CURTO | BusinessNameLine1 |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 THORNALL STREET SUITE 3A | AddressLine1 |
| City | EDISON | City |
| State | NJ | State |
| ZIP Code | 08837 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 255853116 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.NYSANET.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1955 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | TO REPRESENT THE INTERESTS OF ITS MEMBERS IN MAXIMIZING THE EFFICIENCY, COST-COMPETITIVENESS, SAFETY AND QUALITY OF MARINE CARGO OPERATIONS IN THE PORT OF NEW YORK AND NEW JERSEY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 19 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 18 | NbrIndependentVotingMembers |
| Total Nbr Employees | 27 | 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 | 210995936 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 255850305 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 67513 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2811 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 211063449 | TotalRevenuePriorYear |
| Total Revenue Current Year | 255853116 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 225763239 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 224295575 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 7102238 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 6432215 | 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 | 12224637 | OtherExpensePriorYear |
| Other Expenses Current Year | 5341660 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 245090114 | TotalExpensesPriorYear |
| Total Expenses Current Year | 236069450 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -34026665 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 19783666 | RevenuesLessExpensesCY |
| Total Assets BOY | 65295822 | TotalAssetsBOY |
| Total Assets EOY | 86002309 | TotalAssetsEOY |
| Total Liabilities BOY | 38411725 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 40444936 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 26884097 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 45557373 | NetAssetsOrFundBalancesEOY |
| Mission Description | NEW YORK SHIPPING ASSOCIATION, INC. IS AN ASSOCIATION OF VARIOUS EMPLOYERS OF WATERFRONT LABOR AND OCEAN CARRIER COMPANIES ENGAGED IN THE SHIPPING INDUSTRY IN THE PORT OF NEW YORK AND NEW JERSEY (PONY/NJ). PROGRAM SERVICE EXPENSES RELATE TO NEGOTIATING AND ADMINISTERING COLLECTIVE BARGAINING AGREEMENTS BETWEEN THE MEMBERS OF NEW YORK SHIPPING ASSOCIATION, INC. AND REPRESENTATIVES OF THEIR WATERFRONT EMPLOYEES. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 0 | Expense |
| Grants | 0 | Grants |
| Revenue | 255853116 | Revenue |
| Description | NEW YORK SHIPPING ASSOCIATION, INC. IS AN ASSOCIATION OF VARIOUS EMPLOYERS OF WATERFRONT LABOR AND OCEAN CARRIER COMPANIES ENGAGED IN THE SHIPPING INDUSTRY IN THE PORT OF NEW YORK AND NEW JERSEY (PONY/NJ). PROGRAM SERVICE EXPENSES RELATE TO NEGOTIATING AND ADMINISTERING COLLECTIVE BARGAINING AGREEMENTS BETWEEN THE MEMBERS OF NEW YORK SHIPPING ASSOCIATION, INC. AND REPRESENTATIVES OF THEIR WATERFRONT EMPLOYEES. | Description |
| Total Of Other Program Service Exp | 0 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 0 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 0 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 0 | TotalProgramServiceExpense |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 1 | PoliticalActivities |
| Subject To Proxy Tax | 1 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 24 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 27 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Nbr Voting Governing Body Members | 19 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 18 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 1 | InvestmentInJointVenture |
| Written Policy Or Procedure | 1 | WrittenPolicyOrProcedure |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | DANIEL MASSARO | NamePerson |
| Telephone Number | 7324527812 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 THORNALL STREET | AddressLine1 |
| Address Line2 | SUITE 3A | AddressLine2 |
| City | EDISON | City |
| State | NJ | State |
| ZIP Code | 08837 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (32 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|
| DAVE ADAM | ||||||||
| BOARD MEMBER | 1 | X | 0 | 0 | 0 | |||
| RICHARD BREFFEILH | ||||||||
| BOARD MEMBER | 1 | X | 0 | 0 | 0 | |||
| IAN CAIRNS | ||||||||
| BOARD MEMBER | 1 | X | 0 | 0 | 0 | |||
| RAINER P DEHE | ||||||||
| BOARD MEMBER | 1 | X | 0 | 0 | 0 | |||
| JAMES J DEVINE | ||||||||
| BOARD MEMBER | 1 | X | 0 | 0 | 0 | |||
| DONALD P HAMM | ||||||||
| BOARD MEMBER | 1 | X | 0 | 0 | 0 | |||
| GARY R JONES | ||||||||
| BOARD MEMBER | 1 | X | 0 | 0 | 0 | |||
| JOHN V KEENAN | ||||||||
| BOARD MEMBER | 1 | X | 0 | 0 | 0 | |||
| WIM LAGAAY | ||||||||
| BOARD MEMBER | 1 | X | 0 | 0 | 0 | |||
| CAPT T R LEE | ||||||||
| BOARD MEMBER | 1 | X | 0 | 0 | 0 | |||
| SAM MARTINOVIC | ||||||||
| BOARD MEMBER | 1 | X | 0 | 0 | 0 | |||
| RAY MCDERMOTT | ||||||||
| BOARD MEMBER | 1 | X | 0 | 0 | 0 | |||
| WILLIAM J MESSINA | ||||||||
| BOARD MEMBER | 1 | X | 0 | 0 | 0 | |||
| ROBERT MILAZZO | ||||||||
| BOARD MEMBER | 1 | X | 0 | 0 | 0 | |||
| WILLIAM NAGEL | ||||||||
| BOARD MEMBER | 1 | X | 0 | 0 | 0 | |||
| JOHN J NARDI | ||||||||
| BOARD MEMBER | 1 | X | 0 | 0 | 0 | |||
| DOMINIC C OBRIGKEIT | ||||||||
| BOARD MEMBER | 1 | X | 0 | 0 | 0 | |||
| MIKE POLTRACK | ||||||||
| BOARD MEMBER | 1 | X | 0 | 0 | 0 | |||
| MIKE RADAK | ||||||||
| BOARD MEMBER | 1 | X | 0 | 0 | 0 | |||
| ANTHONY RAY | ||||||||
| BOARD MEMBER | 1 | X | 0 | 0 | 0 | |||
| ROBERT STEPHENS | ||||||||
| BOARD MEMBER | 1 | X | 0 | 0 | 0 | |||
| JOSEPH C CURTO | ||||||||
| PRESIDENT | 40 | X | 81154 | 0 | 29607 | X | ||
| DANIEL MASSARO | ||||||||
| CFO | 40 | 78538 | 0 | 29389 | X | |||
| JAMES P MELIA | ||||||||
| COO | 40 | 305038 | 0 | 455890 | X | |||
| JAMES H COBB | ||||||||
| DIR OF GOVERNMENT AFFAIRS | 40 | 127862 | 0 | 124196 | X | |||
| BEVERLY H FEDORKO | ||||||||
| DIR OF EXTERNAL AFFAIRS | 40 | 120642 | 0 | 127854 | X | |||
| KENNETH KARAHUTA | ||||||||
| DIR OF WORKFORCE DEVELOPMENT | 40 | 158846 | 0 | 111927 | X | |||
| ANTHONY PETRIZZO | ||||||||
| DIR OF LABOR OPERATIONS | 40 | 186542 | 0 | 136730 | X | |||
| NEIL J PRATESI | ||||||||
| SENIOR PROGRAMMER ANALYST | 40 | 118068 | 0 | 162644 | X | |||
| JOHN J CLEMENTI | ||||||||
| FORMER CIO | 40 | 209966 | 0 | 234580 | X | |||
| FRANK M MCDONOUGH | ||||||||
| FORMER PRESIDENT | 40 | 314509 | 0 | 267602 | X | |||
| NICHOLAS J SILENO | ||||||||
| FORMER TRAINING CENTER ADMINISTRATOR | 40 | 127377 | 0 | 203892 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1828542 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 1884311 | TotalOtherCompensation |
| Number Individuals GT100 K | 11 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (3 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation | Address Line2AddressOfContractor/AddressUS/AddressLine2 |
|---|---|---|---|---|---|---|
| GRANT THORNTON LLP | ||||||
| 33570 TREASURE CENTER | CHICAGO | IL | 60694 | AUDITING | 155530 | |
| PAUL F RICHARDSON ASSOC INC | ||||||
| 6 S HOLMDEL ROAD | HOLMDEL | NJ | 07733 | CONSULTING | 137506 | |
| THE LAMBOS FIRM LLP | ||||||
| 303 S BROADWAY | TARRYTOWN | NY | 10591 | LEGAL SERVICES | 444900 | SUITE 410 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 3 | NumberOfContractorsGT100K |
| Total Contributions | 0 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|---|
| ASSESSMENTS | 900099 | 255843105 | 255843105 | 0 | $0 |
| MEMBERSHIP DUES | 900099 | 7200 | 7200 | 0 | $0 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 255850305 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2811 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $2,811 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 0 | Securities |
| Other | 0 | Other |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 255853116 | TotalRevenueColumn |
| Related Or Exempt Function Income | 255850305 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $2,811 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 224295575 | Total |
| Program Services | 0 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1184716 | Total |
| Program Services | 0 | ProgramServices |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2304868 | Total |
| Program Services | 0 | ProgramServices |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 252937 | Total |
| Program Services | 0 | ProgramServices |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2442646 | Total |
| Program Services | 0 | ProgramServices |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 247048 | Total |
| Program Services | 0 | ProgramServices |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 446148 | Total |
| Program Services | 0 | ProgramServices |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 105000 | Total |
| Program Services | 0 | ProgramServices |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
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 | 0 | Total |
| Program Services | 0 | ProgramServices |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 525145 | Total |
| Program Services | 0 | ProgramServices |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25125 | Total |
| Program Services | 0 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31613 | Total |
| Program Services | 0 | ProgramServices |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 379202 | Total |
| Program Services | 0 | ProgramServices |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 584861 | Total |
| Program Services | 0 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 108036 | Total |
| Program Services | 0 | ProgramServices |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 46776 | Total |
| Program Services | 0 | ProgramServices |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1300054 | Total |
| Program Services | 0 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 632328 | Total |
| Program Services | 0 | ProgramServices |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| TELEPHONE | 76219 |
| PRINTED MATERIALS | 36059 |
| FREIGHT | 20259 |
| DUES & SUBSCRIPTIONS | 69824 |
| SECURITY PROGRAM | 156000 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 799011 | Total |
| Program Services | 0 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 236069450 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34649598 | BOY |
| EOY | 55339017 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18474707 | BOY |
| EOY | 19660337 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8860523 | BOY |
| EOY | 8943852 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 7740318 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 5917322 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3084929 | BOY |
| EOY | 1822996 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 226065 | BOY |
| EOY | 236107 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 65295822 | BOY |
| EOY | 86002309 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14023816 | BOY |
| EOY | 14680018 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24387909 | BOY |
| EOY | 25764918 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38411725 | BOY |
| EOY | 40444936 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26884097 | BOY |
| EOY | 45557373 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26884097 | BOY |
| EOY | 45557373 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 65295822 | BOY |
| EOY | 86002309 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 0 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | 46995 | PoliticalExpenditures |
| Volunteer Hours | 0 | VolunteerHours |
| Amt Expended For527 Activities | 228973 | AmtExpendedFor527Activities |
| Amt Of Internal Funds Contributed | 0 | AmtOfInternalFundsContributed |
| Total Exmpt Function Expenditures | 228973 | TotalExmptFunctionExpenditures |
| Form1120 Pol Filed | 0 | Form1120PolFiled |
| Substantially All Dues Nondeduct | 0 | SubstantiallyAllDuesNondeduct |
| Only In House Lobbying | 0 | OnlyInHouseLobbying |
| Agree To Carryover Prior Year | 0 | AgreeToCarryoverPriorYear |
| Dues Assessments | 255843105 | DuesAssessments |
| Non Ded Lobby Political Current | 275968 | NonDedLobbyPoliticalCurrent |
| Non Ded Lobby Political Carryover | 0 | NonDedLobbyPoliticalCarryover |
| Non Ded Lobby Political Total | 275968 | NonDedLobbyPoliticalTotal |
| Aggr Amt Reported In Dues Notices | 0 | AggrAmtReportedInDuesNotices |
| Amount To Be Carried Over | 0 | AmountToBeCarriedOver |
| Taxable | $275,968 | TaxableAmount |
Form990 Schedule C Part IV Form990ScheduleCPartIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchC_P1A_S00_L01 | Schedule C, Part I-A, Line 1 | NEW YORK SHIPPING ASSOCIATION ("NYSA") UNDERTAKES VERY MINIMAL POLITICAL ACTIVITIES. FOR THE YEAR ENDED SEPTEMBER 30, 2010, NYSA CONTRIBUTED SMALL AMOUNTS TO VARIOUS EVENTS HELD FOR ELECTION/CAMPAIGN FUNDS OF VARIOUS PUBLIC OFFICIALS/ORGANIZATIONS. |
| SchC_P1C_S00_L04 | Schedule C, Part I-C, Line 4 | NEW YORK SHIPPING ASSOCIATION IS NOT REQUIRED TO FILE A FORM 1120-POL AS IT IS NOT SUBJECT TO THE INTERNAL REVENUE CODE SECTION 527 (F) TAX. TAXABLE INCOME FOR AN EXEMPT ORGANIZATION (UNDER SECTION 501) THAT IS NOT A POLITICAL ORGANIZATION IS THE SMALLER OF ITS NET INVESTMENT INCOME OR THE AMOUNT SPENT FOR AN EXEMPT FUNCTION DURING THE YEAR. NEW YORK SHIPPING ASSOCIATION'S NET INCOME FOR PURPOSES OF CALCULATING THE SECTION 527 (F) TAX IS $0 AS ITS INVESTMENT EXPENDITURES EXCEED ITS INVESTMENT INCOME. |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Book Value | 0 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 0 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 2304074 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Depreciation | 1780735 | Depreciation |
| Book Value | 523339 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 2356209 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Depreciation | 1775323 | Depreciation |
| Book Value | 580886 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 3080035 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Depreciation | 2361264 | Depreciation |
| Book Value | 718771 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 1822996 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISC RECEIVABLE | Description |
| Book Value | 236107 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 236107 | TotalBookValueOtherAssets |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | NYSA-ILA AND NYSA-PPGU FUNDS LIABILITIES | Description |
| Amount | $25,764,918 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 25764918 | TotalOfAmounts |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchD_P10_S00_L00 | Identifier |
| Return Reference | Schedule D, Part X | ReturnReference |
| Explanation | NYSA-ILA AND NYSA-PPGU LIABILITIES ARE CONTRACT LIABILITIES TO BENEFIT FUNDS SUCH AS PENSION, VACATION AND HOLIDAY AND WELDFARE FUNDS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 1 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (9 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 | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JOHN J CLEMENTI | |||||||||||||
| 202636 | 0 | 0 | 0 | 7330 | 0 | 202306 | 0 | 32274 | 0 | 444546 | 0 | 0 | 0 |
| JAMES H COBB | |||||||||||||
| 120662 | 0 | 0 | 0 | 7200 | 0 | 93748 | 0 | 30448 | 0 | 252058 | 0 | 0 | 0 |
| BEVERLY H FEDORKO | |||||||||||||
| 120075 | 0 | 0 | 0 | 567 | 0 | 123578 | 0 | 4276 | 0 | 248496 | 0 | 0 | 0 |
| KENNETH KARAHUTA | |||||||||||||
| 151646 | 0 | 0 | 0 | 7200 | 0 | 109032 | 0 | 2895 | 0 | 270773 | 0 | 0 | 0 |
| FRANK M MCDONOUGH | |||||||||||||
| 233809 | 0 | 80000 | 0 | 700 | 0 | 236937 | 0 | 30665 | 0 | 582111 | 0 | 0 | 0 |
| JAMES P MELIA | |||||||||||||
| 249595 | 0 | 50000 | 0 | 5443 | 0 | 424737 | 0 | 31153 | 0 | 760928 | 0 | 0 | 0 |
| ANTHONY PETRIZZO | |||||||||||||
| 179689 | 0 | 0 | 0 | 6853 | 0 | 133279 | 0 | 3451 | 0 | 323272 | 0 | 0 | 0 |
| NEIL J PRATESI | |||||||||||||
| 115719 | 0 | 2130 | 0 | 219 | 0 | 120674 | 0 | 41970 | 0 | 280712 | 0 | 0 | 0 |
| NICHOLAS J SILENO | |||||||||||||
| 120177 | 0 | 0 | 0 | 7200 | 0 | 161967 | 0 | 41925 | 0 | 331269 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchJ_P01_S00_L04 | Schedule J, Part I, Line 4 | JOHN J CLEMENTI'S AND NICHOLAS SILENO'S EMPLOYMENT WITH NEW YORK SHIPPING ASSOCIATION CEASED AS OF SEPTEMBER 1 2009. FIRST SEVERANCE PAYMENTS WERE MADE ON SEPTEMBER 10 2009. JOHN J CLEMENTI RECEIVED $24,340.36 AND NICHOLAS SILENO RECEIVED $14,076. |
| SchJ_P02_S00_L00 | Schedule J, Part II | AMOUNTS REPORTED IN SCHEDULE J PART II COLUMN C DEFERRED COMPENSATION REFLECT THE CHANGE IN THE ACTUARIAL VALUE OF THE INDIVIDUAL'S DEFINED BENEFIT PLAN. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| F990_P03_S00_L04b | Form 990, Part III, Line 4b | NONE |
| F990_P05_S00_L03a | Form 990, Part V, Line 3a | NEW YORK SHIPPING ASSOCIATION DOES NOT UNDERTAKE ANY UNRELATED BUSINESS ACTIVITIES. THE ORGANIZATION FILES A FORM 990-T SOLELY TO REPORT ITS LIABILITY FOR PROXY TAX. |
| F990_P06_S0A_L06 | Form 990, Part VI, Section A, Line 6 | NEW YORK SHIPPING ASSOCIATION, INC. IS RECONGNIZED BY THE INTERNAL REVENUE SERVICE AS AN INTERNAL REVENUE CODE 501(C)(6) MEMBERSHIP ASSOCIATION. BY DEFINITION, THE ASSOCIATION HAS MEMBERS. |
| F990_P06_S0B_L11 | Form 990, Part VI, Section B, Line 11 | THE FORM 990 WAS PREPARED INTERNALLY BY NEW YORK SHIPPING ASSOCIATION, INC.'S FINANCIAL DEPARTMENT. THE FORM IS REVIEWED BY THE CFO AND GENERAL COUNSEL OF THE ASSOCIATION PRIOR TO FILING. |
| F990_P06_S0B_L12c | Form 990, Part VI, Section B, Line 12c | EACH OFFICER, DIRECTOR, TRUSTEE AND KEY EMPLOYEE OF THE ASSOCIATION IS REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST THAT ARISE BY VIRTUE OF THEIR 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. |
| F990_P06_S0B_L15 | Form 990, Part VI, Section B, Line 15 | THE ASSOCIATION UNDERTAKES A THOROUGH PROCESS TO ENSURE THAT THE EXECUTIVE COMPENSATION IT PAYS TO ITS TOP MANAGEMENT OFFICIAL AND ALL OF ITS OFFICERS AND KEY EMPLOYEES OF ORGANIZATION IS REASONABLE GIVEN THE MARKET IN WHICH THE ASSOCIATION OPERATES. IN RELEVANT PART, THE BOARD OF DIRECTORS HAS ESTABLISHED A COMPENSATION COMMITTEE OF INDEPENDENT PERSONS THAT HAVE NO PERSONAL INTEREST IN THE PROPOSED COMPENSATION AGREEMENT. THE COMPENSATION COMMITTEE WILL THEN SET THE COMPENSATION FOR THE RELEVANT EXECUTIVE. |
| F990_P06_S0C_L19 | Form 990, Part VI, Section C, 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 ASSOCIATION'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. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW YORK SHIPPING ASSURANCE ASSOCIATION INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 BANK STREET | AddressLine1 |
| Address Line2 | SUITE 610 | AddressLine2 |
| City | BURLINGTON | City |
| State | VT | State |
| ZIP Code | 05401 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 205460808 | EIN |
| Primary Activity | INSURANCE | PrimaryActivity |
| Legal Domicile State | VT | LegalDomicileState |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Type Of Entity | C | TypeOfEntity |
| Share Of Total Income | 76891 | ShareOfTotalIncome |
| Share Of EOY Assets | 3010085 | ShareOfEOYAssets |
| Percentage Ownership | 1 | PercentageOwnership |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 1 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW YORK SHIPPING ASSURANCE ASSOCIATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | q | TransactionType |
| Amount Involved | 300000 | AmountInvolved |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | NEW YORK SHIPPING ASSOCIATION INC. FILED FORM 8868 APPLICATION FOR EXTENTION OF TIME TO FILE AN EXEMPT ORGANIZATION RETURN ON FEBRUARY 5, 2011. | Explanation |