Downstate Insurance Association Council Inc
- Assets
- $24.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Uniondale, NY
- Founding
- 05/1990
- Data as of
- 12/2023
- EIN
- 13-3343875
Organization Overview
Downstate Insurance Association Council Inc is located in Uniondale, NY. The organization was established in 1990. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downstate Insurance Association Council Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Downstate Insurance Association Council Inc generated $8.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (46.2%) each year. All expenses for the organization totaled $2.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION ACCOMPLISHES ITS OBJECTIVES AT ITS MEETINGS AND EVENTS 1. DOWNSTATE INSURANCE PICNIC 2. BOWLING EVENT 3. FISHING OUTING THERE WERE NO EVENTS FOR 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Bosnack Jr President | 0 | $0 | |
Denese Thompson AFSB Ains Fipc Treasurer | 0 | $0 | |
Earl Eaton CPCU CLU Past Preside | 0 | $0 | |
Jeanne Abatelli Business Man | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $8 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $950 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,202 |
| Total expenses | $2,152 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,090 |
| Other assets | $0 |
| Total assets | $24,090 |
| Total liabilities | $0 |
| Net assets or fund balances | $24,090 |