Liabilities / Assets
64th percentile
Higher debt load relative to assets than 64% of similar nonprofits.
Downstate Insurance Association Council Inc
990EZ • Fiscal year 2016 • EIN 13-3343875
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.04x
Liabilities / Revenue
98th percentile
Higher debt load relative to revenue than 98% of similar nonprofits.
Net Margin
1st percentile
Higher net margin than 1% of similar nonprofits.
Top Officer Pay
69th percentile
Higher top officer pay than 69% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
25th percentile
Faster asset growth than 25% of similar nonprofits.
Revenue Growth
3rd percentile
Faster revenue growth than 3% of similar nonprofits.
Balance Sheet
Assets
Down$24,563
Down $2,995 (-11%) from 2015
Net Assets
Down$23,580
Down $3,978 (-14%) from 2015
Liabilities
Up$983
Up $983 from 2015
Revenue And Expenses
Revenue
Down$1,136
Down $2,155 (-65%) from 2015
Expenses
Down$4,677
Down $340 (-6.8%) from 2015
Net Income
Down-$3,541
Down $1,815 (-105%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2016 to Dec 31, 2016
- Signed
- Apr 18, 2017
- Return Version
- 2016v3.0
- Gross Receipts
- $6,221
Mission and Program Overview
Mission
To make members aware of events which effect the insurance industry.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE ORGANIZATION ACCOMPLISHES ITS OBJECTIVES AT ITS MEETINGS AND EVENTS ( DOWNSTATE INSURANCE CONFERENCE, GOLF AND FISHING OUTING ) WHICH ARE REPORTED AS SPECIAL EVENTS (LINE 6A PAGE 1) THE RELATED EXPENSES ARE ALSO REPORTED AS DIRECT EXPENSES(LINE 6B PAGE 1) | - | - |
| 1 | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| EARL EATON CPCU CLU | Past Preside | - | $0 | - | - |
| JIMM PAULL | Vice Preside | - | $0 | - | - |
| DENESE THOMPSON AFSB AINS FIPC | Treasurer | - | $0 | - | - |
| JOSEPH BOSNACK JR | President | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Downstate Insurance Associations
- EIN
- 13-3343875
- Phone
- 5164194097
- Address
- 1022 ROCHELLE COURT, UNIONDALE, NY 11553
Signing Officer
- Name
- Denese Thompson Afsb Ains Fipc
- Title
- Treasurer
- Phone
- 5164194097
- Signed
- 2017-04-18
Preparer
- Firm
- Lipner Sofferman & Co Llp
- Address
- 125 JERICHO TPKE STE 402, JERICHO, NY 11753
- Preparer
- Kenneth Lipner CPA
- Phone
- 5164874070
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses insurance 1,181 association meetings 620 bank fees 240 monthly board meetings 416 organizer fees 900 supplies 205 website hosting 365 total 3,927”
Form 990-ez, Part I, Line 20
“Prior year adjustment -437”
Form 990-ez, Part II, Line 24
“Prepaid expenses and deferred charges 0 1,869 total 0 1,869”
Form 990-ez, Part II, Line 26
“DEFERRED REVENUE 0 983”
Form 990-ez, Part III
“To make members aware of events which effect the insurance industry.”
Form 990-ez, Part III, Line 28
“The organization accomplishes its objectives at its meetings and events ( downstate insurance conference, golf and fishing outing ) which are reported as special events (line 6a page 1) the related expenses are also reported as direct expenses(line 6b page 1)”
Form 990-ez, Part III, Line 31
“1”
Raw XML Appendix114 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | DENESE THOMPSON |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5167457504 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1022 ROCHELLE COURT |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | UNIONDALE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 11553 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 27558 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 22694 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -3541 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 750 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 27558 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 24563 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 6215 |
| IRS990EZ/GrossReceiptsAmt | 0 | 6221 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 6 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 27558 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 23580 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 27558 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 23580 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | EARL EATON CPCU CLU |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JIMM PAULL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | DENESE THOMPSON AFSB AINS FIPC |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | JOSEPH BOSNACK JR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PAST PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | PRESIDENT |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 1869 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -437 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 3927 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO MAKE MEMBERS AWARE OF EVENTS WHICH EFFECT THE INSURANCE INDUSTRY. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE ORGANIZATION ACCOMPLISHES ITS OBJECTIVES AT ITS MEETINGS AND EVENTS ( DOWNSTATE INSURANCE CONFERENCE, GOLF AND FISHING OUTING ) WHICH ARE REPORTED AS SPECIAL EVENTS (LINE 6A PAGE 1) THE RELATED EXPENSES ARE ALSO REPORTED AS DIRECT EXPENSES(LINE 6B PAGE 1) |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | 1 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 5085 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 1130 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 983 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 4677 |
| IRS990EZ/TotalRevenueAmt | 0 | 1136 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES INSURANCE 1,181 ASSOCIATION MEETINGS 620 BANK FEES 240 MONTHLY BOARD MEETINGS 416 ORGANIZER FEES 900 SUPPLIES 205 WEBSITE HOSTING 365 TOTAL 3,927 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | PRIOR YEAR ADJUSTMENT -437 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | PREPAID EXPENSES AND DEFERRED CHARGES 0 1,869 TOTAL 0 1,869 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DEFERRED REVENUE 0 983 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | TO MAKE MEMBERS AWARE OF EVENTS WHICH EFFECT THE INSURANCE INDUSTRY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE ORGANIZATION ACCOMPLISHES ITS OBJECTIVES AT ITS MEETINGS AND EVENTS ( DOWNSTATE INSURANCE CONFERENCE, GOLF AND FISHING OUTING ) WHICH ARE REPORTED AS SPECIAL EVENTS (LINE 6A PAGE 1) THE RELATED EXPENSES ARE ALSO REPORTED AS DIRECT EXPENSES(LINE 6B PAGE 1) |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III, LINE 28 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DENESE THOMPSON AFSB AINS FIPC |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5164194097 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-04-18 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | DOWNSTATE INSURANCE ASSOCIATIONS |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | COUNCIL INC C/O DENESE THOMPSON |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | DOWN |
| ReturnHeader/Filer/EIN | 0 | 133343875 |
| ReturnHeader/Filer/PhoneNum | 0 | 5164194097 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1022 ROCHELLE COURT |
| ReturnHeader/Filer/USAddress/CityNm | 0 | UNIONDALE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 11553 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 1AEB67C003FB2CCDD5BC7FF7D18AFCECB504EEA7 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 1AEB67C003FB2CCDD5BC7FF7D18AFCECB504EEA7 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 113564118 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | LIPNER SOFFERMAN & CO LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 125 JERICHO TPKE STE 402 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | JERICHO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 11753 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5164874070 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2017-04-25 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | KENNETH LIPNER CPA |
| ReturnHeader/ReturnTs | 0 | 2017-05-10T15:47:50-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-12-31 |
| ReturnHeader/TaxYr | 0 | 2016 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $24,563
- Liabilities
- $983
- Net assets
- $23,580
- Revenue
- $1,136
- Expenses
- $4,677
- Net income
- -$3,541