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Nonprofit · EIN 13-0594020

NEW YORK COMPENSATION INSURANCE RATING BOARD

Tax-exempt · NEW YORK, NY 10022

Financials

$23.5M$23.2M2023$25.4M$24.2M2024
Revenue Expenses · by fiscal year end
Financials of NEW YORK COMPENSATION INSURANCE RATING BOARD by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$25,438,678$24,170,269$1,268,409$53,297,096$40,768,405$12,528,691
December 31, 2023990$23,501,640$23,221,989$279,651$53,105,680$45,541,098$7,564,582
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$24,852,389
Investment income
$583,998
Net gain from sales of assets
$140,843
Other revenue
$2,291

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$2,602,323
Other salaries and wages
$7,458,865
Salaries, compensation and benefits (total)
$14,998,263
Professional fundraising fees
$0
Legal fees
$184,587
Accounting fees
$167,990
Occupancy
$4,137,254
Travel
$78,090
Depreciation
$467,832

Balance sheet and other

Total assets, start of year
$53,105,680
Total assets, end of year
$53,297,096
Total liabilities, end of year
$40,768,405
Net assets, end of year
$12,528,691
Land, buildings and equipment
$2,800,111
Publicly traded securities
$11,374,407
Net assets without donor restrictions
$12,528,691
Gross receipts
$26,866,877
Employees
98
Volunteers
0
Year formed
1914
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JEREMY ATTIEPRESIDENT/CEO
Officer
40$677,562$15,523
ZIV KIMMELSR. VICE PRESIDENT
Officer
40$437,391$60,702
BENJAMIN T WITKOWSKIDIRECTOR OF ACTUARIAL ANALYTICS
Highest-paid employee
40$312,766$77,204
GUO HARRISONDIRECTOR OF ACTUARIAL PRODUCTION
Highest-paid employee
40$332,997$37,115
DAVE KNIGHTVICE PRESIDENT OF OPERATIONS
Officer
40$256,413$70,253
MITCHELL TENZERVICE PRESIDENT OF IT
Officer
40$267,418$49,490
MARK BATTISTELLIVICE PRESIDENT OF UNDERWRITING
Officer
40$237,483$53,256
VINCENT LICAUSEVICE PRESIDENT OF FINANCE & ADMIN.
Officer
40$235,111$24,652
GAETANO DALESSIODEVELOPER MANAGER/SOLUTION
Highest-paid employee
40$196,699$47,014
CHENJUN MOHINACTUARIAL MANAGER
Highest-paid employee
40$196,897$36,591
SUSIE PATRICIELLOVICE PRESIDENT OF HR
Officer
40$208,484$8,585
NASIM SHAMAILOVMGR. N/W & DESKTOP INFRASTRUCTURE
Highest-paid employee
40$182,525$34,419
NYS WORKERS' COMPENSATION BOARDINSTITUTIONAL TRUSTEE
Institutional trustee
5$0$0
NYS AFL-CIOINSTITUTIONAL TRUSTEE
Institutional trustee
5$0$0
NYS BUSINESS COUNCILINSTITUTIONAL TRUSTEE
Institutional trustee
5$0$0
6 more people on this return
NameTitleHours / weekCompensation
NYS DEPT OF FINANACIAL SERVICESINSTITUTIONAL TRUSTEE
Institutional trustee
5$0
THE NY STATE INSURANCE FUNDINSTITUTIONAL TRUSTEE
Institutional trustee
5$0
AMERICAN HOME ASSURANCE COMPANYINSTITUTIONAL TRUSTEE
Institutional trustee
5$0
HARTFORD ACCIDENT & INDEMNITY COINSTITUTIONAL TRUSTEE
Institutional trustee
5$0
TECHNOLOGY INSURANCE CO INCINSTITUTIONAL TRUSTEE
Institutional trustee
5$0
TRAVELERS INDEMNITY COINSTITUTIONAL TRUSTEE
Institutional trustee
5$0
990 for the year ended December 31, 2023: 24 people
NameTitleHours / weekCompensationOther / benefits
JEREMY ATTIEPRESIDENT/CEO
Trustee or director, Officer
40$623,377$17,010
ZIV KIMMELSR. VICE PRESIDENT
Trustee or director, Officer
40$414,941$60,920
BENJAMIN T WITKOWSKIDIRECTOR
Trustee or director
40$273,148$78,642
BRETT KINGDIRECTOR
Trustee or director
40$284,161$45,121
GUO HARRISONDIRECTOR
Trustee or director
40$285,183$34,008
MITCHELL TENZERVICE PRESIDENT OF IT
Trustee or director, Officer
40$240,098$55,361
DAVE KNIGHTVICE PRESIDENT OF OPERATIONS
Trustee or director, Officer
40$226,348$64,644
MARK BATTISTELLIVICE PRESIDENT OF UNDERWRITING
Trustee or director, Officer
40$223,027$56,051
VINCENT LICAUSEVICE PRESIDENT OF FINANCE & ADMINISTRATION
Trustee or director, Officer
40$220,986$25,828
GAETANO DALESSIODEVELOPER MANAGER/SOLUTION
Highest-paid employee
40$188,107$45,073
CHENJUN MOHINACTUARIAL MGR
Highest-paid employee
40$189,743$34,008
NASIM SHAMAILOVDIRECTOR
Highest-paid employee
40$169,381$37,043
SUSIE PATRICIELLOVICE PRESIDENT OF HR
Trustee or director, Officer
40$195,150$8,353
GONXHE BAJRAMIDIRECTOR
Highest-paid employee
40$173,669$8,620
GODFREY FANDIALANDIRECTOR
Highest-paid employee
40$158,986$22,824
NYS WORKERS' COMPENSATION BOARDINSTITUTIONAL TRUSTEE
Institutional trustee
5$0$0
NYS AFL-CIOINSTITUTIONAL TRUSTEE
Institutional trustee
5$0$0
NYS BUSINESS COUNCILINSTITUTIONAL TRUSTEE
Institutional trustee
5$0$0
NYS DEPARTMENT OF FINANACIAL SERVICESINSTITUTIONAL TRUSTEE
Institutional trustee
5$0$0
THE NY STATE INSURANCE FUNDINSTITUTIONAL TRUSTEE
Institutional trustee
5$0$0
AMERICAN HOME ASSURANCE COMPANYINSTITUTIONAL TRUSTEE
Institutional trustee
5$0$0
HARTFORD ACCIDENT AND INDEMNITY COMPAINSTITUTIONAL TRUSTEE
Institutional trustee
5$0$0
TECHNOLOGY INSURANCE COMPANY INCINSTITUTIONAL TRUSTEE
Institutional trustee
5$0$0
TRAVELERS INDEMNITY COINSTITUTIONAL TRUSTEE
Institutional trustee
5$0$0

Address and contacts

Address (IRS master file)
875 3RD AVENUE 8TH FLR, NEW YORK, NY 10022-7238
In care of
% VINCENT LICAUSE
Principal officer (990 for 2024)
VINCENT LICAUSE, 875 THIRD AVENUE 8TH FLOOR, NEW YORK, NY 10022
Signed the 990
VINCENT LICAUSE, VP FINANCE AND ADMIN
Phone
(212) 697-3535
Return prepared by
CITRIN COOPERMAN ADVISORS LLC

Mission

THE NEW YORK COMPENSATION INSURANCE RATING BOARD (THE "BOARD") IS A RATE-SERVICE ORGANIZATION LICENSED BY THE NEW YORK STATE DEPARTMENT OF FINANCIAL SERVICES PURSUANT TO THE NEW YORK STATE INSURANCE LAW. THE BOARD COLLECTS AND COMPILES STATISTICAL DATA USED FOR THE DEVELOPMENT OF PRICING VALUES AND CLASSIFICATIONS, RATING PLANS, AND FORMS OF COVERAGE, SUBJECT TO APPROVAL BY THE NEW YORK STATE SUPERINTENDENT OF FINANCIAL SERVICES.

990 for the year ended December 31, 2024

Program accomplishments

  • TO COLLECT LOSS, PREMIUM AND PAYROLL DATA FROM CARRIERS, SUMMARIZE AND ANALYZE THE DATA, AND DEVELOP AN ADEQUATE PRICING STRUCTURE FOR WORKERS COMPENSATION INSURANCE CARRIERS IN NEW YORK STATE FOR SUBMISSION TO THE NEW YORK STATE DEPARTMENT OF FINANCIAL SERVICES. THE RATING BOARD ALSO CONDUCTS ACTUARIAL RESEARCH FOR THE BENEFIT OF THE NEW YORK STATE WORKERS' COMPENSATION MARKETPLACE AND STAKEHOLDERS.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
13-0594020
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1942
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$53,297,096
Income (IRS master file)
$26,866,877

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$25,438,678$24,170,269$53,297,096XML
990December 2023$23,501,640$23,221,989$53,105,680XML
990December 2022$22,280,663$21,280,097$29,742,755IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-0594020).

Questions about NEW YORK COMPENSATION INSURANCE RATING BOARD

What is the EIN of NEW YORK COMPENSATION INSURANCE RATING BOARD?
The employer identification number (EIN) of NEW YORK COMPENSATION INSURANCE RATING BOARD is 13-0594020.
Is NEW YORK COMPENSATION INSURANCE RATING BOARD tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1942.
Are donations to NEW YORK COMPENSATION INSURANCE RATING BOARD tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NEW YORK COMPENSATION INSURANCE RATING BOARD file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NEW YORK COMPENSATION INSURANCE RATING BOARD due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEW YORK COMPENSATION INSURANCE RATING BOARD last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of NEW YORK COMPENSATION INSURANCE RATING BOARD?
The 990 for the year ended December 31, 2024 names VINCENT LICAUSE.
Who are the officers and directors of NEW YORK COMPENSATION INSURANCE RATING BOARD?
The 990 for the year ended December 31, 2024 lists 21 people; 12 received compensation from the organization, the highest $677,562 (JEREMY ATTIE, PRESIDENT/CEO).
How much revenue does NEW YORK COMPENSATION INSURANCE RATING BOARD have?
On its 990 for the year ended December 31, 2024 it reported revenue of $25,438,678, expenses of $24,170,269 and total assets of $53,297,096 at year end.

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