2024-05-13T13:28:02-05:00 2023-12-31 161092347 MENGEL METZGER BARR & CO LLP 11 BRITISH AMERICAN BLVD LATHAM NY 12110 990 2023-01-01 161521843 NEW YORK INSURANCE ASSOCIATION INC NEWY 5184324227 130 WASHINGTON AVENUE ALBANY NY 12210 ELLEN MELCHIONNI PRESIDENT 5184324227 2024-04-30 1 ELLEN MELCHIONNI XXX-XX-XXXX 0 CHRISTOPHER J HEALY CPA P02180941 5187850134 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z ELLEN MELCHIONNI 130 WASHINGTON AVENUE ALBANY NY 12210 2191035 0 X WWW.NYIA.ORG X 1882 NY TO PROMOTE THE DEVELOPMENT, PRESERVATION, OPERATION, MAINTENANCE AND GENERAL WELFARE OF THE INSURANCE INDUSTRY IN THE STATE OF NEW YORK FOR THE BENEFIT OF THE INDUSTRY AND THE INSURANCE-BUYING PUBLIC. 14 14 6 14 106450 1205 0 0 1745324 1834784 34940 30928 65707 31984 1845971 1897696 0 0 0 0 1133791 1220632 0 0 0 572070 569969 1705861 1790601 140110 107095 2141817 2275157 207173 178521 1934644 2096636 TO PROMOTE THE DEVELOPMENT, PRESERVATION, OPERATION, MAINTENANCE AND GENERAL WELFARE OF THE INSURANCE INDUSTRY IN THE STATE OF NEW YORK FOR THE BENEFIT OF THE INDUSTRY AND THE INSURANCE-BUYING PUBLIC. 0 0 1790601 1760318 INSURANCE ASSOCIATION - PRESENTS INFORMATION TO THE PUBLIC WITH RESPECT TO INSURANCE PROBLEMS, PROMOTES HARMONIOUS RELATIONSHIPS AMONG THE MEMBER COMPANIES AND BETWEEN THE INSURANCE-BUYING PUBLIC. ESTABLISHES AN AGENCY THROUGH WHICH THE FACTS AND PRINCIPLES OF INSURANCE CAN BE PRESENTED AND EXPLAINED TO THE INSURANCE-BUYING PUBLIC, THE SUPERVISORY AUTHORITIES AND THE LAW-MAKING BODIES. 1790601 0 0 0 1 0 0 0 0 0 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 11 0 1 6 1 1 1 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 1 0 0 X X SUSAN DAWES 5184324227 130 WASHINGTON AVENUE ALBANY NY 12210 MARK PRECHTL IMMEDIATE PAST CHAIR 1.00 X 0 0 0 MATTHEW BENEDICT BOARD MEMBER 1.00 X 0 0 0 KRISTIN MARTIN BOARD MEMBER 1.00 X 0 0 0 SCOTT SHATRAW BOARD MEMBER 1.00 X 0 0 0 MARC CRAW BOARD MEMBER 1.00 X 0 0 0 MARTIN BOGUE BOARD MEMBER 1.00 X 0 0 0 JOHN CERRONE BOARD MEMBER 1.00 X 0 0 0 MARK DOMBROWSKI BOARD MEMBER 1.00 X 0 0 0 DEIRDRE MANNA BOARD MEMBER 1.00 X 0 0 0 DAVID MCHALE BOARD MEMBER 1.00 X 0 0 0 ELLEN MELCHIONNI PRESIDENT 40.00 X 376925 0 53108 CHARLES MAKEY CHAIR 2.00 X 0 0 0 EDWARD HARPER FIRST VICE CHAIR 1.00 X 0 0 0 SIOBHAN DAVEY SECOND VICE CHAIR 1.00 X 0 0 0 NORMAN ORLOWSKI TREASURER 2.00 X 0 0 0 CASSANDRA ANDERSON VICE PRESIDENT 40.00 X 181079 0 51142 558004 0 104250 2 0 1 0 0 MEMBERSHIP DUES 900099 1436867 1436867 CONFERENCE & MEETINGS 721000 291467 291467 GROUP PUBLICATION 541800 69450 69450 NEWSLETTER 541800 37000 37000 1834784 31217 31217 293050 293339 -289 -289 -289 OTHER INCOME 900099 31984 31984 31984 1897696 1760318 106450 30928 662254 407858 42445 49088 58987 99428 21660 16103 48054 24234 143035 7409 3050 GROUP PUBLICATION 66778 TECHNOLOGY 56445 FEES, DUES, CONTRIBUTIO 32541 MISCELLANEOUS 24924 26308 1790601 289884 170750 298353 301563 16900 24 50742 52626 281730 263429 9315 18301 659435 849922 540183 631639 277005 250332 2141817 2275157 24743 65323 25650 4150 156780 109048 207173 178521 X 1934644 2096636 1934644 2096636 2141817 2275157 107095 54897 0 X X 0 1 X 1 0 0 0 0 1436867 224557 224557 287373 -62816 281730 263429 18301 18301 CORPORATE BONDS 297322 F TREASURY BONDS 334317 F 631639 KEY OFFICER INSURANCE 148317 OPERATING LEASE - RIGHT OF USE ASSET 102015 250332 CURRENT PORTION OF OPERATING LEASE LIABILITY 49372 LONG TERM PORTION OF OPERATING LEASE LIABILITY 59676 109048 X 1952593 54897 54897 1897696 0 1897696 1790601 0 1790601 0 1790601 PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAXES AS A NOT-FOR-PROFIT CORPORATION UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. UNDER ACCOUNTING STANDARDS CODIFICATION (ASC) SECTION 740, THE TAX STATUS OF TAX-EXEMPT ENTITIES IS AN UNCERTAIN TAX POSITION. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ASSOCIATION AND RECOGNIZE A TAX LIABILITY IF THE ASSOCIATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE THAN LIKELY WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT OF NEW YORK INSURANCE ASSOCIATION, INC. HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ASSOCIATION, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2023, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. X X 0 0 0 ELLEN MELCHIONNI PRESIDENT 324925 0 52000 0 0 0 42900 0 10208 0 430033 0 0 0 CASSANDRA ANDERSON VICE PRESIDENT 181079 0 0 0 0 0 25350 0 25792 0 232221 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FINAL FORM 990 E-MAILED TO BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15A THE PERSONNEL AND COMPENSATION COMMITTEE DETERMINES COMPENSATION FOR TOP MANAGEMENT. FORM 990, PART VI, SECTION C, LINE 19 BYLAWS AVAILABLE ON WEBSITE OR AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 2C: THERE HAVE BEEN NO CHANGES IN THE PROCESS OF REVIEWING AND ACCEPTING THE FINANCIAL STATEMENTS FROM PRIOR YEAR.