2025-01-29T09:21:17-06:00 2024-06-30 042807416 Koundakjian & Co PC CPA's 9 Meriam St Suite 2 Lexington MA 024205312 990 2023-07-01 042104331 INSURANCE LIBRARY ASSOCIATION OF BOSTON INSU 6172272087 156 STATE STREET BOSTON MA 02109 D PETER BRENNAN TREASURER 6172272087 2025-01-27 1 0 Donald K Koundakjian P00742653 7818611170 2025-01-27 2023 2025-03-06 01:10:19Z D PETER BRENNAN 156 STATE STREET BOSTON MA 02109 752843 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 3 0 0 0 389241 322806 109339 88138 78819 83099 35596 151280 612995 645323 0 0 0 0 327825 360245 0 0 130548 363076 263104 690901 623349 -77906 21974 2272628 2417635 137551 114591 2135077 2303044 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 217896 82571 THE LIBRARY IS AN APPROVED PROVIDER OF PRODUCER CONTINUING EDUCATION IN SIX STATES, PROVIDED 12 MONTHLY CE WEBINARS WITH COMBINED REGISTRATION OF 1,993 STUDENTS. IN ADDITION, THE LIBRARY OFFERED WEBINARS OR SEMINARS IN COLLABORATION WITH ANOTHER ORGANIZATION (72 ATTENDEES), A LICENSING EXAM PREPARATION COURSE(10 STUDENTS), AND CUSTOM IN-PERSON AND VIRTUAL COURSES (90 STUDENTS). THE LIBRARY ALSO OFFERED EDUCATION PROGRAMS AS PART OF ITS PROGRAM FOR 120 SUMMER INTERNS AND EARLY CAREER PROFESSIONALS. 113854 45468 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, GOVERNMENT 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. 24194 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 PROFESSIONAL AT MEMBER ORGANIZATIONS. MISCELLANEOUS 331750 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 3 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 & TRUSTEE 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 F SCHENCK TRUSTEE 1.00 X 0 0 0 ANN LAMSON TRUSTEE, 2ND VICE PRES. 1.00 X X 0 0 0 LESLIE EMACK TRUSTEE, 1.00 X 0 0 0 MEREDITH MANGAN TRUSTEE, PAST 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, PRES. & BD. CHAIR 1.00 X X 0 0 0 GEORGE M MURPHY TRUSTEE 1.00 X 0 0 0 EDWARD DONAHUE TRUSTEE, FIRST VICE PRES. 1.00 X 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 KEVIN J RAUSCH TRUSTEE 1.00 X 0 0 0 KRISTINE BELL TRUSTEE 1.00 X 0 0 0 CHARLES J BROPHY 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 GREG HUNTER TRUSTEE 1.00 X 0 0 0 MICHAEL PEZZA EX DIR/CLERK/SECRETARY 35.00 X 0 198159 8709 0 198159 8709 0 0 1 0 0 105835 216971 322806 COURSE REVENUE 611430 81310 81310 COPYING & RESEARCH 541900 6828 6828 88138 44583 44583 88000 49484 38516 38516 38516 182601 56900 125701 125701 1260 1136 124 124 MISCELLANEOUS 900099 25455 25455 25455 645323 152233 0 170284 198159 49540 69355 79264 119290 67515 23612 28163 9060 4983 1359 2718 10594 5827 1589 3178 23142 12728 3471 6943 20000 20000 8478 702 2472 5304 5860 2344 1465 2051 7033 4250 2783 69028 55222 13806 20302 12402 7900 10486 2097 8389 BOOKS AND PERIODICALS 49750 49750 STORAGE 27636 27636 COURSES 23026 23026 MISCELLANEOUS 11064 7525 1030 2509 10441 6203 3820 418 623349 331750 161051 130548 71283 24079 89070 114439 40792 37447 8154 8308 1278356 1007597 296578 270759 1749697 1945634 11229 11144 5825 5825 2272628 2417635 74545 90796 46260 12650 16746 11145 137551 114591 X 320626 414783 1814451 1888261 2135077 2303044 2272628 2417635 X 21974 145992 1 X 0 1 X 0 0 X 408219 343239 366711 389421 322806 1830396 108168 68489 77604 98221 284605 637087 46133 80036 27150 35670 188989 562520 491764 471465 523312 607411 2656472 63624 76839 67012 207475 4936 4936 63624 81775 67012 212411 2444061 39029 35448 36629 35782 44583 191471 39029 35448 36629 35782 44583 191471 861 1000 230 6599 25455 34145 602410 528212 508324 565693 677449 2882088 0.84800 0.80170 0.06640 0.07300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1220221 187423 113614 1294030 1161431 150390 91600 1220221 1428935 -170394 97110 1161431 1196967 321545 89577 1428935 1318829 56987 178849 1196967 0.64000 0.36000 0 0 1149761 880184 269577 128595 127413 1182 270759 792452 145992 1137 147129 645323 0 645323 624486 1137 1137 623349 0 623349 Part V, Line 4: THE INCOME FROM $299,842 (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 COST OF TEXTBOOKS 1137. Part XII, Line 2d - Other Adjustments: COST OF TEXTBOOKS IN COST OF SALES 1137. PERSON OF THE YEAR 182601 182601 56900 182601 182601 56900 56900 125701 1 X X 0 0 0 0 0 0 0 0 0 MICHAEL PEZZA EX DIR/CLERK/SECRETARY 0 198159 0 0 0 0 0 0 0 8709 0 206868 0 0 Form 990, Part VI, Section B, line 11b FORM 990 IS REVIEWED BY THE TREASURER AND THE EXECUTIVE DIRECTOR/CLERK BEFORE BEING FILED. Form 990, Part VI, Section B, line 12c CONFLICT OF INTEREST POLICY IS REVIEWED AT THE SEMI-ANNUAL MEETING EACH SPRING 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. Form 990, Part XI, line 9: ROUNDING 1.