Albany County Bar Association is located in Albany, NY. The organization was established in 1992. According to its NTEE Classification (I03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Albany County Bar Association 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, Albany County Bar Association generated $290.8k 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 (5.3%) each year. All expenses for the organization totaled $331.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SERVICES TO THE LEGAL COMMUNITY OF ALBANY COUNTY THROUGH EDUCATION, PLACEMENT SERVICES, AND OTHER MEMBER BENEFITS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION AND ITS COMMITTEES SPONSOR A VARIETY OF SOCIAL FUNCTIONS TO ALLOW MEMBERS TO PURSUE PROFESSIONAL GROWTH AND PERSONAL CONTACTS. THE HIGHTLIGHT OF OUR ASSOCIATION IS THE ANNUAL COURT OF APPEALS DINNER HONORING THE PAST AND PRESENT MEMBERS OF THE COURT OF APPEALS. THE ASSOCIATION ALSO SPONSORS A MOCK TRIAL COMPETITION FOR HIGH SCHOOL STUDENTS. THE ANNUAL HOLIDAY PARTY BENEFITS A LOCAL ORGANIZATION FOCUSING ON CHILDREN.
THE ACBA NEWSLETTER, PUBLISHED TEN TIMES A YEAR, IN HARD COPY AND ELECTRONICALLY, IS A TERRIFIC SOURCE FOR ATTORNEYS ON DEVELOPMENTS IN VARIOUS FIELDS OF LAW, CLE OFFERINGS, SOCIAL AND COMMUNITY EVENTS, PRO BONO OPPORTUNITIES, AND JOB POSTINGS.
THE ASSOCIATION SPONSORS A VARIETY OF FORUMS AND SEMINARS WHICH OFFER MEMBERS AN OPPORTUNITY TO OBTAIN PRIMARY TRAINING AND TO KEEP ABREAST OF CURRENT LEGAL DEVELOPMENTS. THE ALBANY COUNTY BAR ASSOCIATION HAS BEEN CERTIFIED BY THE NYS CONTINUING LEGAL EDUCATION BOARD AS AN ACCREDITED PROVIDER OF CONTINUING LEGAL EDUCATION IN THE STATE OF NEW YORK.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William Little President | OfficerTrustee | $0 | |
Kathleen Barclay President Elect | OfficerTrustee | $0 | |
Lorraine Silverman Vice President | OfficerTrustee | $0 | |
Caitlin Monjeau Treasurer | OfficerTrustee | $0 | |
Benjamin Clark Secretary | OfficerTrustee | $0 | |
Ryan Donovan Imm Past Pres | OfficerTrustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $137,322 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $5,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $142,322 |
Total Program Service Revenue | $148,498 |
Investment income | $26 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $290,846 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $111,374 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $7,185 |
Payroll taxes | $9,347 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $7,585 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,732 |
Office expenses | $4,996 |
Information technology | $7,696 |
Royalties | $0 |
Occupancy | $13,849 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,401 |
All other expenses | $18,946 |
Total functional expenses | $331,222 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $29,778 |
Savings and temporary cash investments | $34,188 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $3,082 |
Net Land, buildings, and equipment | $4,260 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $71,308 |
Accounts payable and accrued expenses | $9,422 |
Grants payable | $0 |
Deferred revenue | $85,305 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $94,727 |
Net assets without donor restrictions | -$23,419 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $71,308 |