Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $190,641

• 1f · All other contributions, gifts and grants

  $25,000

• 2a · Program service revenue: MEMBERSHIP DUES

  total $4,490,081 · related or exempt $4,490,081

• 2b · Program service revenue: CONFERENCES/MEETINGS

  total $442,662 · related or exempt $442,662

• 3 · Investment income

  total $40,480 · excluded $40,480

• 6a · Gross rents

  real property $6,300

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $6,300

• 6d · Net rental income or loss

  total $6,300 · excluded $6,300

• 7b · Less cost or other basis and sales expenses

  securities $522

• 7c · Gain or loss

  securities -$522

• 7d · Net gain or loss

  total -$522 · excluded -$522

• 11a · Other revenue: ADMINISTRATIVE FEES

  total $2,018,447 · related or exempt $2,018,447

• 11b · Other revenue: MISCELLANEOUS

  total $7,403 · related or exempt $7,403

• 11e · Other revenue, total

  $2,025,850

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $911,364

• 7 · Other salaries and wages

  total $3,135,857

• 8 · Pension plan contributions

  total $84,425

• 9 · Other employee benefits

  total $306,461

• 10 · Payroll taxes

  total $272,597

• 11a · Fees: management

  total $116,284

• 11b · Fees: legal

  total $20,063

• 11c · Fees: accounting

  total $40,102

• 11d · Fees: lobbying

  total $301,271

• 11g · Fees: other

  total $4,707

• 12 · Advertising and promotion

  total $143,730

• 13 · Office expenses

  total $61,333

• 14 · Information technology

  total $167,774

• 16 · Occupancy

  total $349,521

• 17 · Travel

  total $124,574

• 19 · Conferences, conventions and meetings

  total $332,354

• 22 · Depreciation, depletion and amortization

  total $34,195

• 23 · Insurance

  total $118,758

• 24a · Other expenses: ASSOCIATION DUES

  total $47,678

• 24b · Other expenses: SUPPLIES/REF. MATERIALS

  total $33,841

• 24c · Other expenses: MISCELLANEOUS

  total $26,204

• 24d · Other expenses: TRAINING

  total $16,143

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,358,275 · end of year $1,305,397

• 2 · Savings and temporary cash investments

  beginning of year $16,751 · end of year $11,123

• 4 · Accounts receivable

  beginning of year $483,449 · end of year $404,325

• 9 · Prepaid expenses and deferred charges

  beginning of year $152,081 · end of year $183,312

• 10a · Land, buildings and equipment: cost or other basis

  $413,765

• 10b · Land, buildings and equipment: accumulated depreciation

  $307,216

• 10c · Land, buildings and equipment, net

  beginning of year $140,745 · end of year $106,549

• 11 · Investments: publicly traded securities

  beginning of year $1,402,756 · end of year $1,254,271

• 15 · Other assets

  beginning of year $310,600 · end of year $1,625,233

• 17 · Accounts payable and accrued expenses

  beginning of year $250,966 · end of year $181,094

• 19 · Deferred revenue

  beginning of year $50,265 · end of year $17,579

• 25 · Other liabilities

  beginning of year $7,023,063 · end of year $6,467,034

• 27 · Net assets without donor restrictions

  beginning of year -$3,459,637 · end of year -$1,775,497

The filer's explanations (Part III)

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.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• THE BUSINESS COUNCIL SERVICE CORPORATION

  C · MARKETING SERVICES RELATED TO LINES OF INSURANCE OFFERED BY INSURANCE FUND · NY · 100% owned · share of income $817,019 · share of assets $286,222 · controlled entity

  Directly controlled by BUSINESS COUNCIL OF NEW YORK STATE INC

• THE BUSINESS COUNCIL WORKERS' COMPENSATION ADMINISTRATORS INC

  C · MARKETING SERVICES FOR A WORKERS COMPENSATION SAFETY GROUP. · NY · 100% owned · share of assets $22,182 · controlled entity

  Directly controlled by BUSINESS COUNCIL OF NEW YORK STATE INC

• BUSINESS COUNCIL OF NEW YORK STATE INSURANCE FUND

  C · PROVIDING VARIOUS INSURANCE COVERAGES THROUGH GROUP POLICIES · NY · 100% owned · share of income $2,736,204 · share of assets $6,100,317 · controlled entity

  Directly controlled by BUSINESS COUNCIL OF NEW YORK STATE INC