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Nonprofiteer
← PUBLIC POLICY INSTITUTE OF NEW YORK STATE INC

Form 990 for tax year 2025

Filed by PUBLIC POLICY INSTITUTE OF NEW YORK STATE INC.

Totals

Total revenue
$4,155,235
Total expenses
$4,155,855
Contributions and grants received
$4,155,235
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$211,201
Total liabilities, end of year
$29,608
Net assets or fund balances, end of year
$181,593
Program services expenses (Part IX)
$4,123,224
Management and general expenses
$32,631
Fundraising expenses
$0
Program service expenses (Part III)
$4,123,224

Program services were 99.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $4,155,235

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $18,136 · program services $15,180 · management and general $2,956

  • 7 · Other salaries and wages

    total $38,306 · program services $31,661 · management and general $6,645

  • 9 · Other employee benefits

    total $4,018 · program services $4,018

  • 10 · Payroll taxes

    total $10,136 · program services $4,516 · management and general $5,620

  • 11b · Fees: legal

    total $140 · program services $140

  • 11c · Fees: accounting

    total $9,185 · management and general $9,185

  • 11g · Fees: other

    total $4,047,530 · program services $4,045,030 · management and general $2,500

  • 13 · Office expenses

    total $155 · program services $89 · management and general $66

  • 14 · Information technology

    total $740 · management and general $740

  • 16 · Occupancy

    total $3,078 · program services $2,661 · management and general $417

  • 17 · Travel

    total $7,378 · program services $7,378

  • 19 · Conferences, conventions and meetings

    total $11,833 · program services $11,833

  • 23 · Insurance

    total $3,743 · management and general $3,743

  • 24a · Other expenses: MISCELLANEOUS

    total $1,477 · program services $718 · management and general $759

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $231,242 · end of year $209,721

  • 3 · Pledges and grants receivable

    beginning of year $52,500 · end of year $500

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $980

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

    $1,711

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

    $1,711

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $94,764 · end of year $5,563

  • 19 · Deferred revenue

    beginning of year $6,765 · end of year $24,045

  • 27 · Net assets without donor restrictions

    beginning of year $62,500 · end of year $150,332

  • 28 · Net assets with donor restrictions

    beginning of year $119,713 · end of year $31,261

Mission and programs · 2025

Mission

THE INSTITUTE CONDUCTS NON-PARTISAN RESEARCH INTO NYS GOVERNMENTAL AND ECONOMIC ISSUES OF INTEREST TO BUSINESS, LABOR AND THE GENERAL PUBLIC.

Activities or mission (Part I)

NONPARTISAN RESEARCH ON GOVERNMENT & ECONOMIC ISSUES PERTAINING TO NYS WHICH ARE OF INTEREST TO BUSINESS, LABOR, & THE GENERAL PUBLIC.

  • AS SERIOUS DISCUSSIONS BEGAN AT THE STATE LEVEL REGARDING UPDATES TO THE ABUSE OF DOMINANCE (AKA "ANTITRUST") LEGISLATION, PPI CREATED A PUBLIC EDUCATION CAMPAIGN TO DISCUSS THE IMPLICATIONS OF ENACTING SUCH LEGISLATION ON NEW YORK STATE'S ECONOMY. THIS EDUCATION CAMPAIGN WAS DESIGNED SOLELY TO EDUCATE THE PUBLIC THROUGH PUBLIC OUTREACH AND INFORMATION THAT WAS PROVIDED ON A DEDICATED WEBSITE.

    Expenses $3,985,698

  • PPI PARTNERED WITH THE NYS ECONOMIC DEVELOPMENT COUNCIL ON A COMPETITIVENESS PROJECT. THE GOAL OF THE PROJECT IS TO MAKE NEW YORK MORE AFFORDABLE, REVERSE OUTMIGRATION, AND SUPPORT ECONOMIC GROWTH AND OPPORTUNITY. AN ECONOMIST WAS HIRED TO PUT TOGETHER THE DATA AND ASSEMBLE RECOMMENDATIONS, WITH INPUT FROM STAKEHOLDERS, PARTNER ORGANIZATIONS (CHAMBERS, IDAS, TRADE ASSOCIATIONS) AND SELECTED INVESTORS. SIGNIFICANT FUNDRAISING WAS DONE TO SUPPORT THE PROJECT AND THE MARKETING OF FINAL RECOMMENDATIONS.

    Expenses $92,452

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $33,465

  • THE NEW YORK BUSINESS DEFENSE FUND (NYBDF) IS THE LEGAL ARM OF PPI, CHALLENGING FEDERAL, STATE AND LOCAL GOVERNMENT REGULATORY OVERREACH AND UNCONSTITUTIONAL LEGISLATION. THE NYBDF WORKS TO ENSURE THE LEGISLATIVE CLIMATE PROMOTES ECONOMIC GROWTH FOR NEW YORK BUSINESSES.

    Expenses $10,890

  • DURING 2025, PPI PARTNERED WITH THE U.S. CHAMBER OF COMMERCE AS PART OF ITS PREPARING TOMORROW'S WORKFORCE INITIATIVE. THE FUNDS WILL BE USED IN SUPPORT OF WORKFORCE READINESS AND BUSINESS EDUCATION PROGRAMMING, INCLUDING EFFORTS TO ADVANCE AWARENESS OF THE AP BUSINESS PRINCIPLES/PERSONAL FINANCE COURSE. THE PROJECT RUNS THROUGH AUGUST 2026.

    Expenses $719

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Heather C Mulligan

    PRESIDENT & CEO

    Total calculated
    $519,773
    From this org
    $14,671
    From related orgs
    $474,360
    Other
    $30,742
    Hours/week
    1.5 + 31 related

    Schedule J breakdown matched by us

    Base
    $14,671 + $412,380 related
    Bonus
    $0 + $60,000 related
    Other
    $0 + $1,980 related
    Deferred
    $303 + $9,795 related
    Nontaxable benefits
    $619 + $20,025 related
    Filer's total
    $15,593 + $504,180 related
  • Sheila Appel

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25
  • Joseph De Flora

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25
  • Dr Kelly Chezum

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.25
  • Anna Maria Maritato

    CHAIR

    Total calculated
    $0
    Hours/week
    0.5
  • Kathleen Digan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25
  • George Lence

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25
  • Josh Levin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25
  • Christine McLear

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25
  • Kevin Schwab

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25
  • Ryan Silva

    TREASURER

    Total calculated
    $0
    Hours/week
    0.25
  • Suzanne M Jensen CPA

    CFO

    Total calculated
    $239,180
    From this org
    $0
    From related orgs
    $220,301
    Other
    $18,879
    Hours/week
    1 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $219,011 related
    Bonus
    $0
    Other
    $0 + $1,290 related
    Deferred
    $0 + $6,710 related
    Nontaxable benefits
    $0 + $12,169 related
    Filer's total
    $0 + $239,180 related
  • Kenneth J Pokalsky

    FORMER TRUSTEE

    Total calculated
    $254,318
    From this org
    $2,367
    From related orgs
    $234,374
    Other
    $17,577
    Hours/week
    0.25 + 35 related

    Schedule J breakdown matched by us

    Base
    $2,367 + $227,164 related
    Bonus
    $0 + $5,000 related
    Other
    $0 + $2,210 related
    Deferred
    $71 + $6,980 related
    Nontaxable benefits
    $105 + $10,421 related
    Filer's total
    $2,543 + $251,775 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2025
Filed
17 August 2026
IRS schema version
2025v4.2
Source object
202602299349302415

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