Nonprofit · EIN 13-2928479
LIFE INSURANCE COUNCIL OF NEW YORK INCORPORATED
Tax-exempt · ALBANY, NY 12210
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $3,574,508 | $3,621,226 | -$46,718 | $7,515,645 | $881,614 | $6,634,031 |
| December 31, 2024 | 990 | $4,354,777 | $4,051,180 | $303,597 | $7,048,934 | $541,411 | $6,507,523 |
| December 31, 2023 | 990 | $3,250,712 | $3,546,770 | -$296,058 | $6,706,868 | $603,179 | $6,103,689 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $3,267,750
- Investment income
- $290,633
- Net rental income
- $16,125
- Net gain from sales of assets
- $38,727
- Other revenue
- $16,125
Expenses
- Grants and similar amounts paid
- $179,865
- Compensation of officers, directors and key employees
- $1,881,874
- Other salaries and wages
- $185,968
- Salaries, compensation and benefits (total)
- $2,207,490
- Professional fundraising fees
- $0
- Legal fees
- $202,058
- Accounting fees
- $59,100
- Occupancy
- $131,929
- Travel
- $59,237
- Depreciation
- $21,172
Balance sheet and other
- Total assets, start of year
- $7,048,934
- Total assets, end of year
- $7,515,645
- Total liabilities, end of year
- $881,614
- Net assets, end of year
- $6,634,031
- Land, buildings and equipment
- $14,894
- Publicly traded securities
- $6,229,527
- Net assets without donor restrictions
- $6,634,031
- Gross receipts
- $5,670,904
- Employees
- 11
- Volunteers
- 15
- Year formed
- 1977
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LAURA EVANGELISTA | PRESIDENT & CEO Officer | 40 | $641,875 | $60,662 |
| TIMOTHY A ATKINS | MANAGING DIRECTOR, LEGISLA Key employee | 40 | $322,052 | $63,921 |
| MARSHAL BOZZO | MANAGER, PUBLIC & LEGISLATIVE AFFAIRS Key employee | 40 | $310,154 | $20,914 |
| RICHARD LOCONTE | FORMER PRESIDENT & CEO Former | 40 | $236,354 | $7,852 |
| LINDA M NUSBAUM | DIRECTOR, OPERATIONS Key employee | 40 | $194,950 | $23,139 |
| ELIZABETH MAXWELL | MANAGER, EXTERNAL AFFAIRS Highest-paid employee | 40 | $104,375 | $43,325 |
| KERMITT BROOKS | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| GRETCHEN CEPEK | CHAIR-ELECT Trustee or director, Officer | 1 | $0 | $0 |
| BRET HESTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JASON A D'ANGELO | SECRETARY-TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JEANNETTE HUNTE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL MCDONNELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALLIE LIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SHAWN T LOFTUS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID MELMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDREW S WILLIAMS | DIRECTOR Trustee or director | 1 | $0 |
| KIRK GRAVELY | DIRECTOR Trustee or director | 1 | $0 |
| ANDREA LYNN WHITE | DIRECTOR Trustee or director | 1 | $0 |
| MONICA M CURTIS | DIRECTOR Trustee or director | 1 | $0 |
| POLLY KLANE | DIRECTOR Trustee or director | 1 | $0 |
| SEAN A MONTICELLO | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 22 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICHARD LOCONTE | FORMER PRESIDENT & CEO Former | 40 | $637,245 | $73,788 |
| DIANE STUTO | MANAGING DIRECTOR, REGULATORY AFFAIRS Key employee | 40 | $487,831 | $23,600 |
| TIMOTHY A ATKINS | MANAGING DIRECTOR, LEGISLATIVE AFFAIRS Key employee | 40 | $311,202 | $64,607 |
| LINDA M NUSBAUM | DIRECTOR, OPERATIONS Key employee | 40 | $179,718 | $14,574 |
| LAURA EVANGELISTA | PRESIDENT & CEO Officer | 40 | $140,000 | $10,222 |
| PATRICIA TARIO | EXECUTIVE ASSISTANT Highest-paid employee | 40 | $105,922 | $11,798 |
| MICHAEL A ZARCONE | PAST-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| KERMITT BROOKS | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| GRETCHEN CEPEK | CHAIR-ELECT Trustee or director, Officer | 1 | $0 | $0 |
| BRET HESTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JASON A D'ANGELO | SECRETARY-TREASURER Trustee or director | 1 | $0 | $0 |
| JEANNETTE HUNTE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL MCDONNELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALLIE LIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOSE RAMON GONZALEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SHAWN T LOFTUS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID MELMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDREW S WILLIAMS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TIMOTHY A WALSH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRISTINE NIXON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KIRK GRAVELY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDREA LYNN WHITE | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICHARD LOCONTE | PRESIDENT & CEO Officer | 40 | $606,900 | $70,571 |
| DIANE STUTO | MANAGING DIR., LEGIS. & RE Key employee | 40 | $428,871 | $29,127 |
| TIMOTHY A ATKINS | DIRECTOR & COUNSEL Key employee | 40 | $299,700 | $65,570 |
| LINDA M NUSBAUM | DIRECTOR, OPERATIONS Key employee | 40 | $161,603 | $13,585 |
| EDWARD KOLLER | MANAGER, PUBLIC & LEGISLAT Highest-paid employee | 40 | $103,597 | $48,328 |
| PATRICIA TARIO | EXECUTIVE ASSISTANT Highest-paid employee | 40 | $100,878 | $11,882 |
| MICHAEL A ZARCONE | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| KERMITT BROOKS | CHAIR-ELECT Trustee or director, Officer | 1 | $0 | $0 |
| GRETCHEN CEPEK | SECRETARY-TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| BRET HESTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JASON A D'ANGELO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEANNETTE HUNTE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL MCDONNELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALLIE LIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOSE RAMON GONZALEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SHAWN T LOFTUS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID MELMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDREW S WILLIAMS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TIMOTHY A WALSH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRISTINE NIXON | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 111 WASHINGTON AVE STE 300, ALBANY, NY 12210-2209
- In care of
- % LINDA NUSBAUM
- Principal officer (990 for 2025)
- LAURA EVANGELISTA, 111 WASHINGTON AVENUE 300, ALBANY, NY 12210
- Signed the 990
- LAURA EVANGELISTA, PRESIDENT & CEO
- Phone
- (518) 436-8417
- Website
- WWW.LICONY.ORG
- Return prepared by
- BST & CO CPAS LLP
Mission
TO CREATE AND MAINTAIN A LEGISLATIVE, REGULATORY, AND JUDICIAL ENVIRONMENT IN THE STATE OF NEW YORK THAT ENCOURAGES THE MEMBERS OF LIFE INSURANCE COUNCIL OF NEW YORK (LICONY) TO CONDUCT AND GROW THEIR LIFE INSURANCE BUSINESS.
Program accomplishments
- SEE SCHEDULE O.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 13-2928479
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1978
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $7,515,645
- Income (IRS master file)
- $5,670,904
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $3,574,508 | $3,621,226 | $7,515,645 | XML |
| 990 | December 2024 | $4,354,777 | $4,051,180 | $7,048,934 | XML |
| 990 | December 2023 | $3,250,712 | $3,546,770 | $6,706,868 | XML |
| 990 | December 2022 | $3,510,054 | $3,384,724 | $6,994,446 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 13-2928479).
Questions about LIFE INSURANCE COUNCIL OF NEW YORK INCORPORATED
- What is the EIN of LIFE INSURANCE COUNCIL OF NEW YORK INCORPORATED?
- The employer identification number (EIN) of LIFE INSURANCE COUNCIL OF NEW YORK INCORPORATED is 13-2928479.
- Is LIFE INSURANCE COUNCIL OF NEW YORK INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1978.
- Are donations to LIFE INSURANCE COUNCIL OF NEW YORK INCORPORATED tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LIFE INSURANCE COUNCIL OF NEW YORK INCORPORATED 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 LIFE INSURANCE COUNCIL OF NEW YORK INCORPORATED due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LIFE INSURANCE COUNCIL OF NEW YORK INCORPORATED last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of LIFE INSURANCE COUNCIL OF NEW YORK INCORPORATED?
- The 990 for the year ended December 31, 2025 names LAURA EVANGELISTA.
- Who are the officers and directors of LIFE INSURANCE COUNCIL OF NEW YORK INCORPORATED?
- The 990 for the year ended December 31, 2025 lists 21 people; 6 received compensation from the organization, the highest $641,875 (LAURA EVANGELISTA, PRESIDENT & CEO).
- How much revenue does LIFE INSURANCE COUNCIL OF NEW YORK INCORPORATED have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $3,574,508, expenses of $3,621,226 and total assets of $7,515,645 at year end.
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