2024-03-19T09:51:20-05:00 2023-06-30 042807416 Koundakjian & Co PC CPA's 9 Meriam St Suite 2 Lexington MA 024205312 990 2022-07-01 042104331 INSURANCE LIBRARY ASSOCIATION OF BOSTON INSU 6172272087 156 STATE STREET BOSTON MA 02109 D PETER BRENNAN TREASURER 6172272087 2024-03-19 1 D PETER BRENNAN 999009999 0 Donald K Koundakjian P00742653 7818611170 2024-03-19 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z D PETER BRENNAN 156 STATE STREET BOSTON MA 02109 669123 0 X WWW.INSURANCELIBRARY.ORG X 1887 MA THE LIBRARY SERVES THE INSURANCE, RISK MANAGEMENT, AND LEGAL COMMUNITIES, AND THE PUBLIC, BY PROVIDING INSURANCE-RELATED RESEARCH RESOURCES AND SERVICES, PROFESSIONAL EDUCATION, AND ENGAGEMENT EVENTS. 22 22 4 0 0 0 366711 389241 77605 109339 159045 78819 21573 35596 624934 612995 1200 0 0 0 363294 327825 0 0 148157 312275 363076 676769 690901 -51835 -77906 2239121 2272628 145209 137551 2093912 2135077 X THE LIBRARY'S MISSION IS TO PROVIDE MEMBERS OF THE INSURANCE, RISK MANAGEMENT, AND LEGAL COMMUNITIES, AND THE PUBLIC, WITH EXCELLENT RESEARCH RESOURCES AND SERVICES, HIGH QUALITY EDUCATIONAL PROGRAMMING, AND OPPORTUNITIES FOR ENGAGEMENT. 0 0 146652 97917 THE LIBRARY, WHICH IS AN APPROVED PROVIDER OF PRODUCER CONTINUING EDUCATION IN SIX STATES, PROVIDED 12 MONTHLY CE WEBINARS WITH COMBINED REGISTRATION OF 2,726 STUDENTS. IN ADDITION, THE LIBRARY OFFERED OTHER WEBINARS (26 STUDENTS), WEBINARS IN COLLABORATION WITH ANOTHER ORGANIZATION (21 ATTENDEES), A LICENSING EXAM PREPARATION COURSE (10 STUDENTS), AND CUSTOM IN-PERSON AND VIRTUAL COURSES (62 STUDENTS). THE LIBRARY ALSO OFFERED EDUCATION PROGRAMS AS PART OF ITS PROGRAM FOR SUMMER INTERNS AND EARLY CAREER PROFESSIONALS. 266891 55045 LIBRARY RESOURCES AND SERVICES:THE LIBRARY HAS A COMPREHENSIVE AND UNIQUE COLLECTION OF PRINT AND DIGITAL INSURANCE-RELATED MATERIALS, INCLUDING CURRENT AND HISTORIC INSURANCE POLICIES AND FORMS, JOURNALS AND OTHER PERIODICALS, LEGAL TREATISES,GOVERNMENTAL REPORTS, FINANCIAL AND STATISTICAL INFORMATION, AND A COLLECTION OF SANBORN MAPS. THESE MATERIALS ARE USED FOR RESEARCH SERVICES PROVIDED BY THE LIBRARY AND ARE AVAILABLE FOR RESEARCH BY LIBRARY MEMBERS AND MEMBERS OF THE PUBLIC. THE LIBRARY ALSO HAS A COLLECTION OF INSURANCE MEMORABILIA THAT REFLECTS THE HISTORY OF INSURANCE. 6600 ENGAGEMENT:THE LIBRARY PROVIDES UNIQUE OPPORTUNITIES FOR MEMBERS OF THE INSURANCE, RISK MANAGEMENT, AND LEGAL COMMUNITIES, AND THE PUBLIC, TO COME TOGETHER FOR NETWORKING OR OTHER ENGAGEMENT, TO SHARE AND DISCUSS TOPICS OF INTEREST, AND TO RECOGNIZE ACCOMPLISHMENTS. THESE OPPORTUNITIES INCLUDE AN INSURANCE PROFESSIONAL OF THE YEAR AWARD AND EVENT, VIRTUAL LUNCH AND LEARN PROGRAMS, AN ANNUAL AWARD FOR COMMUNITY OR CUSTOMER SERVICE, A SCAVENGER HUNT THAT FOSTERS TEAM BUILDING, INTERACTION WITH COLLEAGUES, AN OPPORTUNITY TO LEARN THE HISTORY OF INSURANCE IN BOSTON AND A SUMMER INTERN PROGRAM FOR SUMMER INTERNS OR EARLY CAREER PROFESSIONALS AT MEMBER OPRGANIZATIONS. MISCELLANEOUS 413543 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 4 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 MA X X MICHAEL A PEZZA JR 6172272087 156 STATE ST BOSTON MA 02109 MICHAEL WEINBERG TRUSTEE 1.00 X 0 0 0 NANCY D ADAMS COUNSEL 1.00 X 0 0 0 D PETER BRENNAN TREASURER & TRUSTEE 1.00 X X 0 0 0 ERIN CUMMINGS TRUSTEE 1.00 X 0 0 0 CHRISTOPHER SCHENCK TRUSTEE 1.00 X 0 0 0 CHRIS LAUTresigned 111522 TRUSTEE. 2ND VICE PRESIDENT 1.00 X 0 0 0 LESLIE EMACK TRUSTEE, PAST PRESIDENT 1.00 X X 0 0 0 MEREDITH MANGAN TRUSTEE, PRESIDENT 1.00 X X 0 0 0 ANDREW DRAYER TRUSTEE 1.00 X 0 0 0 SHAUN PT FARLEY TRUSTEE 1.00 X 0 0 0 SONYA ROSS TRUSTEE,1ST VICE PRESIDENT 1.00 X X 0 0 0 GEORGE M MURPHY TRUSTEE 1.00 X 0 0 0 EDWARD DONAHUE TRUSTEE, 2ND VICE PRESIDENT 1.00 X 0 0 0 MICHAEL TALMANSONresigned 111522 TRUSTEE 1.00 X 0 0 0 CHARLES C HEWITT III TRUSTEE 1.00 X 0 0 0 MICHAEL ALBERT TRUSTEE 1.00 X 0 0 0 AMY DIPERNA TRUSTEE 1.00 X 0 0 0 DANIEL J MASTROTOTAROresigned 1115 TRUSTEE 1.00 X 0 0 0 KRISTINE BELL TRUSTEE 1.00 X 0 0 0 CHARLES J BROPHY III TRUSTEE 1.00 X 0 0 0 HENRY DOMINIONI TRUSTEE 1.00 X 0 0 0 JOSIAH P HATCH TRUSTEE 1.00 X 0 0 0 ANN LAMSON TRUSTEE 1.00 X 0 0 0 GREG HUNTER TRUSTEE 1.00 X 0 0 0 KEVIN RASCH TRUSTEE 1.00 X 0 0 0 MEAGAN STEFANOWresigned 51023 CLERK/LIBRARIAN 35.00 X 69017 0 3184 MICHAEL APEZZAJR EXEC DIR/SECRETARY 35.00 X 143397 0 6701 212414 0 9885 1 0 1 0 0 89555 299686 389241 COURSE REVENUE 611430 97331 97331 COPYING & RESEARCH 541900 12008 12008 109339 35782 35782 91600 48563 43037 43037 43037 35671 7261 28410 28410 890 304 586 586 MISCELLANEOUS 900099 6600 6600 6600 612995 159562 0 64192 222300 85679 69394 67227 77730 54484 23246 2969 1728 414 827 3158 2882 92 184 21668 11917 3250 6501 16000 16000 4440 1776 1110 1554 72966 58373 14593 20756 12402 8354 6260 1252 5008 BOOKS AND PERIODICALS 102735 102735 FUNDRAISING EXPENSES 46839 46839 COURSES 34039 34039 STORAGE 20648 20648 38393 25628 10986 1779 690901 413543 129201 148157 61275 71283 129841 89070 28990 22955 40792 104 0 12690 8154 1275523 978945 316671 296578 1643416 1749697 17354 11229 5825 5825 2239121 2272628 100780 74545 7433 46260 14789 22207 16746 145209 137551 X 338351 320626 1755561 1814451 2093912 2135077 2239121 2272628 -77906 119071 0 X 0 1 X 0 0 X 280360 408219 343239 366711 389241 1787770 132248 108168 68489 77604 98221 484730 41774 46133 80036 27150 35670 230763 454382 562520 491764 471465 523132 2503263 52298 63624 76839 67012 12411 272184 4936 4936 52298 63624 81775 67012 12411 277120 2226143 45058 39029 35448 36629 35782 191946 45058 39029 35448 36629 35782 191946 1395 861 1000 230 6599 10085 500835 602410 528212 508324 565513 2705294 0.82290 0.80790 0.07100 0.07510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1161431 150390 91600 1220221 1428935 -170394 97110 1161431 1196967 321545 89577 1428935 1318829 56987 178849 1196967 1314535 89431 85137 1318829 0.68000 0.32000 0 0 1119135 841328 277807 156388 137617 18771 296578 732065 119071 -1 119070 612995 0 612995 690901 0 690901 0 690901 Part V, Line 4: THE INCOME FROM $142,475 (LUCEY FUND) IS TO BE USED FOR THE EDUCATION OF THE LIBRARIANS, PURCHASE OF NEW COLLECTION MATERIALS, AND REPAIR/RESTORATION OF EXISTING COLLECTION MATERIALS. THE REST OF THE INCOME FROM ENDOWMENT FUNDS IS FOR THE UNRESTRICTED USE OF THE ORGANIZATION. Part XI, Line 2d - Other Adjustments: ROUNDING -1. COST OF TEXT BOOKS Part XII, Line 2d - Other Adjustments: ROUNDING SCAVENGER HUNT 35671 35671 7261 35671 35671 7261 7261 28410 1 X X 0 0 0 0 0 0 0 0 0 MICHAEL APEZZAJR EXEC DIR/SECRETARY 143397 0 0 0 0 0 2550 0 4151 0 150098 0 0 0 Form 990, Part VI, Section B, line 11b FORM 990 IS REVIEWED BY THE TREASURER, EXECUTIVE DIRECTOR AND THE CLERK BEFORE BEING FILED. Form 990, Part VI, Section B, line 12c A COPY OF THE CONFLICT OF INTEREST POLICY IS CIRCULATED ANNUALLY TO ALL TRUSTEES AND EMPLOYEES, EACH OF WHOM IS REQUIRED TO SUBMIT AN ANNUAL DISCLOSURE STATEMENT. THE STATEMENTS ARE REVIEWED BY THE LIBRARY PRESIDENT, WHO TAKES ANY NECESSARY ACTION. EACH NEW EMPLOYEE SUBMITS A DISCLOSURE STATEMENT UPON STARTING THEIR EMPLOYMENT. Form 990, Part VI, Section C, line 18 Form 990 is available on the website of the Attorney General of the Commonwealth of Massachusetts Form 990, Part VI, Section C, line 19 Governing documents and conflict of interest policy are available on request from the Library. The Form 990 and the financial statements are available on the website of the Attorney General of the Commonwealth of Massachusetts.