2024-05-14T15:11:50-05:00 2023-12-31 141442607 BST & CO CPAS LLP 10 BRITISH AMERICAN BLVD LATHAM NY 12110 990 2023-01-01 141401680 BUSINESS COUNCIL OF NEW YORK STATE INC BUSI 5184657511 12 CORPORATE WOODS BLVD 17 ALBANY NY 12211 HEATHER C MULLIGAN ESQ PRESIDENT & CEO 5184657511 2024-05-06 1 HEATHER MULLIGAN ESQ 999009999 0 JEREMY COLE P00436330 5184596700 2024-05-06 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z HEATHER MULLIGAN ESQ 111 WASHINGTON AVE ALBANY NY 12210 7633290 0 X WWW.BCNYS.ORG X 1980 NY TO BE THE VOICE OF BUSINESS AND EMPLOYERS IN NEW YORK STATE. 56 55 46 55 0 0 215641 29711 4932743 5315774 39958 61286 2032150 2160738 7220492 7567509 0 0 0 0 4710704 5046808 0 0 0 1938532 1993210 6649236 7040018 571256 527491 4890210 4848747 6665707 5304350 -1775497 -455603 TO BE THE VOICE OF BUSINESS AND EMPLOYERS IN NEW YORK STATE. 0 0 THE BUSINESS COUNCIL (TBC) REPRESENTS THE STATE'S BUSINESS COMMUNITY BY PROVIDING ADVOCACY, RESEARCH, AND ANALYSIS ON STATE BUDGETS, LEGISLATION AND REGULATIONS THAT IMPACT THE COST OF DOING BUSINESS IN NEW YORK. THROUGH THIS PROCESS, TBC DEVELOPS A PUBLIC POLICY AGENDA, PROVIDES EDUCATION THROUGH CONFERENCES, WEBINARS, SEMINARS, AND ISSUES PUBLICATIONS SUPPORTING ECONOMIC GROWTH AND DEVELOPMENT. 0 1 1 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 14 0 1 46 1 0 0 0 0 1 1 0 0 0 X 56 55 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X SUZANNE M JENSEN CPA 5184657511 12 CORPORATE WOODS SUITE 17 ALBANY NY 122112390 HEATHER C MULLIGAN PRESIDENT & CEO 31.00 6.93 X X 430459 13313 26356 DONNA L DECAROLIS VICE CHAIR 1.00 X X 0 0 0 ERIC MOWER VICE CHAIR 1.00 X X 0 0 0 OLIVER KARDOS TREASURER 1.00 X X 0 0 0 KIMBERLY TOWNSEND SECRETARY 1.00 X X 0 0 0 MARSHA GORDON VICE CHAIR 1.00 X X 0 0 0 PAUL S SPERANZA JR VICE CHAIR 1.00 X X 0 0 0 RICH CONSTABLE CHAIR 1.00 X X 0 0 0 DAWN BURLEW VICE CHAIR 1.00 X X 0 0 0 E MARIA BOONIE VICE CHAIR 1.00 X X 0 0 0 MATTHEW AUGUSTINE DIRECTOR 1.00 X 0 0 0 MARTIN K BIRMINGHAM DIRECTOR 1.00 X 0 0 0 JEFFREY H BARKER DIRECTOR 1.00 X 0 0 0 B REUBEN AUSPITZ DIRECTOR 1.00 X 0 0 0 DENNIS C VACCO DIRECTOR 1.00 X 0 0 0 CHRIS CAPONE DIRECTOR 1.00 X 0 0 0 MICHAEL EDBAUER DIRECTOR 1.00 X 0 0 0 ROBERT J DUFFY DIRECTOR 1.00 X 0 0 0 MICHAEL J DOYLE DIRECTOR 1.00 X 0 0 0 KEITH DOLAN DIRECTOR 1.00 X 0 0 0 CHRISTOPHER DEL VECCHIO DIRECTOR 1.00 X 0 0 0 GREGORY CORSO DIRECTOR 1.00 X 0 0 0 HOWARD FOOTE DIRECTOR 1.00 X 0 0 0 PAUL F CIMINELLI DIRECTOR 1.00 X 0 0 0 ROGER G ARRIEUX DIRECTOR 1.00 X 0 0 0 JASON MARTIN DIRECTOR 1.00 X 0 0 0 DAVID BULLWINKLE DIRECTOR 1.00 X 0 0 0 ALLEN FORE DIRECTOR 1.00 X 0 0 0 JEFF VUKELIC DIRECTOR 1.00 X 0 0 0 J THEODORE SMITH DIRECTOR 1.00 X 0 0 0 PETER CHYNOWETH DIRECTOR 1.00 X 0 0 0 ELIZABETH GOLDEN DIRECTOR 1.00 X 0 0 0 PAUL V TAFFE DIRECTOR 1.00 X 0 0 0 CAMILLE JOSEPH-GOLDMAN DIRECTOR 1.00 X 0 0 0 MICHAEL J NEVINS DIRECTOR 1.00 X 0 0 0 KIRK GRAVELY DIRECTOR 1.00 X 0 0 0 MARKUS GREEN DIRECTOR 1.00 X 0 0 0 DEBABRATA MUKHERJEE DIRECTOR 1.00 X 0 0 0 STEVEN P METZGER DIRECTOR 1.00 X 0 0 0 JUNIOR HAREWOOD DIRECTOR 1.00 X 0 0 0 KEVIN L LUING DIRECTOR 1.00 X 0 0 0 JOHN B KING DIRECTOR 1.00 X 0 0 0 STEPHEN OBERMAYER DIRECTOR 1.00 X 0 0 0 LAURIE KELLY DIRECTOR 1.00 X 0 0 0 KENNETH R THEOBALDS DIRECTOR 1.00 X 0 0 0 JENNIFER CRUICKSHANK DIRECTOR 1.00 X 0 0 0 ALYSIA STEINMANN DIRECTOR 1.00 X 0 0 0 CHRISTOPHER JAGEL DIRECTOR 1.00 X 0 0 0 JOSEPH M HANNA DIRECTOR 1.00 X 0 0 0 DAVID WARNER DIRECTOR 1.00 X 0 0 0 JEREL T GOLUB DIRECTOR 1.00 X 0 0 0 JAMES R REED DIRECTOR 1.00 X 0 0 0 CHARLES A FRENI DIRECTOR 1.00 X 0 0 0 PAUL R COMEAU DIRECTOR 1.00 X 0 0 0 MICHELE MCCABE DIRECTOR 1.00 X 0 0 0 GREGORY SHOEMAKER DIRECTOR 1.00 X 0 0 0 RUDOLPH WYNTER DIRECTOR 1.00 X 0 0 0 SUZANNE JENSEN CFO 35.00 X 210835 0 9359 PAUL ZUBER EXECUTIVE VICE PRESIDENT 35.00 X 244511 0 10044 KENNETH POKALSKY VICE PRESIDENT 35.00 1.02 X 224463 2267 22330 BELINDA HILTON DIRECTOR OF FINANCE 35.00 X 136685 0 24591 CHELSEA LEMON DIR -GOV'T AFFAIRS 35.00 X 142913 0 7570 MARK NAVIN DIR OF INSURANCE FUND 35.00 X 163940 0 27703 HOWARD BECKER VP-MEMBERSHIP 35.00 X 244575 0 21311 1798381 15580 149264 19 0 1 0 0 29711 29711 MEMBERSHIP DUES 900099 4793615 4793615 CONFERENCES/MEETINGS 900099 522159 522159 5315774 63053 63053 6300 0 6300 6300 6300 64014 65781 -1767 -1767 -1767 ADMINISTRATIVE FEES 561000 2127840 2127840 MISCELLANEOUS 900099 26598 26598 2154438 7567509 7470212 0 67586 930773 3375510 91253 356232 293040 164807 19411 35501 147506 6606 166989 69742 159778 353195 178335 399664 31995 123119 MISCELLANEOUS 47423 ASSOCIATION DUES 43171 SUPPLIES/REF. MATERIALS 39693 TRAINING 6275 7040018 1305397 1114142 11123 312312 404325 388156 183312 259540 413765 339210 106549 74555 1254271 1350807 1625233 1349235 4890210 4848747 181094 236753 17579 172122 6467034 4895475 6665707 5304350 X -1775497 -455603 -1775497 -455603 4890210 4848747 X 527491 54502 737901 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED THE BUSINESS COUNCIL PAC INC 12 CORPORATE WOODS BLVD ALBANY NY 12211 141585259 56900 0 0 0 4793615 915203 915203 1177767 -262564 PART I-A, LINE 1: THE ORGANIZATION ALLOCATES A PORTION OF ELIGIBLE MEMBER DUES TO A SEPARATE SEGREGATED FUND, AND PROMPTLY AND DIRECTLY TRANSFERS THEM TO THAT FUND. 25357 18809 6548 388408 320401 68007 74555 CASH SURRENDER VALUE OF LIFE INSURANCE 60935 INVESTMENT IN SUBSIDIARIES 251774 RIGHT OF USE ASSET FOR OPERATING LEASES 1036526 1349235 DEFERRED COMPENSATION 60935 ACCRUED PENSION COST 3698586 LEASE LIABILITY 1135954 4895475 X PART X, LINE 2: THE COUNCIL IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. NEW YORK JOBS NOW, INC. IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE. THE PAC AND JOBS NEW YORK COMMITTEE ARE EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 527 OF THE INTERNAL REVENUE CODE. THE SERVICE CORPORATION AND WC ADMINISTRATORS ARE TAXABLE CORPORATIONS AND RECORD INCOME TAXES USING THE ASSET AND LIABILITY METHOD. DEFERRED TAX ASSETS AND LIABILITIES ARE DETERMINED BASED ON THE DIFFERENCES BETWEEN THE FINANCIAL ACCOUNTING AND TAX BASIS OF ASSETS AND LIABILITIES. DEFERRED TAX ASSETS OR LIABILITIES AT THE END OF EACH PERIOD ARE DETERMINED USING THE CURRENTLY ENACTED TAX RATE EXPECTED TO APPLY TO TAXABLE INCOME IN THE PERIOD IN WHICH THE DEFERRED TAX ASSET OR LIABILITY IS EXPECTED TO BE SETTLED OR REALIZED. DEFERRED TAX EXPENSE (BENEFIT) IS THE RESULT OF CHANGES IN DEFERRED TAX ASSETS AND LIABILITIES. THE SERVICE CORPORATION AND WC ADMINISTRATORS, TOGETHER WITH THEIR TAXABLE AFFILIATES, THE BUSINESS COUNCIL OF NEW YORK STATE, INC. INSURANCE FUND AND WC TRUST, ARE ALL MEMBERS OF A CONTROLLED GROUP UNDER IRC 1563(A). THE SERVICE CORPORATION AND WC ADMINISTRATORS EACH FILE FORM 1120 (C CORP RETURN) ANNUALLY. THE COUNCIL, PAC, NEW YORK JOBS NOW, INC., AND JOBS NEW YORK COMMITTEE FILE FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX). WHEN INCOME TAX RETURNS ARE FILED, SOME TAX POSITIONS TAKEN ARE HIGHLY CERTAIN TO BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHER TAX POSITIONS ARE SUBJECT TO UNCERTAINTY ABOUT THE TECHNICAL MERITS OF THE POSITION OR THE AMOUNT OF THE POSITION'S TAX BENEFIT THAT WOULD BE ULTIMATELY SUSTAINED. THE PORTION OF THE BENEFITS ASSOCIATED WITH THE TAX POSITIONS TAKEN THAT EXCEEDS THE AMOUNT MEASURED AS PREVIOUSLY DESCRIBED IS REFLECTED AS A LIABILITY FOR UNRECOGNIZED TAX BENEFITS IN THE ACCOMPANYING CONSOLIDATED STATEMENTS OF FINANCIAL POSITION AND INCLUDES, WHERE APPLICABLE, ACCRUED INTEREST AND/OR PENALTIES ATTRIBUTABLE TO THE UNRECOGNIZED TAX BENEFITS. THE COMPANIES RECOGNIZE THE TAX BENEFITS FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE-LIKELY-THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS CONCLUDED THAT THE COMPANIES HAVE NOT TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN ITS CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: NET EARNINGS IN INVESTMENTS IN SUBSIDIARIES X 0 1 X X X 0 0 0 HEATHER C MULLIGAN PRESIDENT & CEO 430459 13313 0 0 0 0 9603 297 15962 494 456024 14104 0 0 HOWARD BECKER VP-MEMBERSHIP 244575 0 0 0 0 0 5946 0 15365 0 265886 0 0 0 PAUL ZUBER EXECUTIVE VICE PRESIDENT 244511 0 0 0 0 0 7297 0 2747 0 254555 0 0 0 KENNETH POKALSKY VICE PRESIDENT 224463 2267 0 0 0 0 6940 70 15167 153 246570 2490 0 0 SUZANNE JENSEN CFO 210835 0 0 0 0 0 6314 0 3045 0 220194 0 0 0 MARK NAVIN DIR OF INSURANCE FUND 163940 0 0 0 0 0 5186 0 22517 0 191643 0 0 0 BELINDA HILTON DIRECTOR OF FINANCE 136685 0 0 0 0 0 4403 0 20188 0 161276 0 0 0 CHELSEA LEMON DIR -GOV'T AFFAIRS 142913 0 0 0 0 0 4292 0 3278 0 150483 0 0 0 PART I, LINE 1A PART 1, LINE 1B: THE PRESIDENT/CEO IS REQUIRED TO PRESENT DOCUMENTATION AND REIMBURSE THE ORGANIZATION FOR ANY PERSONAL COSTS RELATED TO THESE ACTIVITIES. FORM 990, PART VI, SECTION A, LINE 6 THE BUSINESS COUNCIL HAS A SINGLE CLASS OF DUES-PAYING MEMBERS. ALL MEMBERS ARE ENTITLED TO THE SAME BENEFITS AND HAVE ACCESS TO ALL MEMBER SERVICES. DUES ARE BASED UPON THE NUMBER OF FULL TIME NEW YORK STATE EMPLOYEES. FORM 990, PART VI, SECTION A, LINE 7A BUSINESS COUNCIL MEMBERS ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING OF THE MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7B THE NOMINATING/GOVERNANCE COMMITTEE (PART OF THE GOVERNING BODY) RECOMMENDS NOMINEES FOR THE BOARD. THE MEMBERSHIP ELECTS THE BOARD AT THE ANNUAL MEETING OF THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS DISTRIBUTED TO THE FULL BOARD FOR THEIR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES AND MEMBERS OF THE BOARD OF DIRECTORS RECERTIFY THEIR UNDERSTANDING AND ACCEPTANCE OF THE POLICY EACH YEAR BY SUBMITTING A NEW SIGNED ACKNOWLEDGEMENT OF THE POLICY EVERY JANUARY. FORM 990, PART VI, SECTION B, LINE 15A A COMPENSATION COMMITTEE, AS A SUBSET OF THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS, DETERMINES COMPENSATION FOR THE PRESIDENT/CEO EACH YEAR AFTER A REVIEW OF THE PRIOR YEAR'S FINANCIALS, OTHER BUSINESS GOALS AND COMPENSATION SURVEY DATA FROM COMPARABLE ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY IS OPEN TO THE PUBLIC UPON REQUEST. THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE OPEN TO BUSINESS COUNCIL MEMBERS AND MEMBERS OF THE BOARD OF DIRECTORS UPON REQUEST. FORM 990, PART XI, LINE 9: DEFINED BENEFIT PLAN CHANGES 736,982. NET EARNINGS IN INVESTMENTS IN SUBSIDIARIES 919. THE PUBLIC POLICY INSTITUTE OF NEW YORK STATE INC 12 CORPORATE WOODS BLVD ALBANY NY 122112390 222235025 CONDUCT RESEARCH & ENCOURAGE STUDY OF BUSINESS POLICIES IN NYS. NY 501(C)3 170(B)(1)(A)(VI) N/A 0 NEW YORK JOBS NOW INC 12 CORPORATE WOODS BLVD ALBANY NY 122112390 460813946 ADVOCATING FOR JOB CREATION NY 501(C)4 BUSINESS COUNCIL OF NEW YORK STATE INC 1 JOBS NEW YORK COMMITTEE 12 CORPORATE WOODS BLVD ALBANY NY 122112390 460739659 ADVOCATING FOR THE ELECTION OF PRO-JOBS CANDIDATES NY 527 BUSINESS COUNCIL OF NEW YORK STATE INC 1 THE BUSINESS COUNCIL PAC INC 12 CORPORATE WOODS BLVD ALBANY NY 122112390 141585259 NON-PARTISAN POLITICAL ACTION COMMITTEE NY 527 N/A 0 THE BUSINESS COUNCIL SERVICE CORPORATION 12 CORPORATE WOODS ALBANY NY 12211 141460520 MARKETING SERVICES RELATED TO LINES OF INSURANCE OFFERED BY INSURANCE FUND NY BUSINESS COUNCIL OF NEW YORK STATE INC C 910687 324162 1.00000 1 THE BUSINESS COUNCIL WORKERS' COMPENSATION ADMINISTRATORS INC 12 CORPORATE WOODS ALBANY NY 12211 141787162 MARKETING SERVICES FOR A WORKERS COMPENSATION SAFETY GROUP. NY BUSINESS COUNCIL OF NEW YORK STATE INC C 18951 1.00000 1 BUSINESS COUNCIL OF NEW YORK STATE INSURANCE FUND 12 CORPORATE WOODS ALBANY NY 12211 146034807 PROVIDING VARIOUS INSURANCE COVERAGES THROUGH GROUP POLICIES NY BUSINESS COUNCIL OF NEW YORK STATE INC C 2097174 7335592 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 THE BUSINESS COUNCIL OF NYS INSURANCE FUND O 1010197 ALLOCATION THE BUSINESS COUNCIL OF NYS INSURANCE FUND N 91780 ALLOCATION THE BUSINESS COUNCIL OF NYS INSURANCE FUND Q 110512 ACTUAL EXPENSE THE BUSINESS COUNCIL SERVICE CORPORATION O 701840 ALLOCATION THE BUSINESS COUNCIL SERVICE CORPORATION Q 153809 ACTUAL EXPENSE