Civic Intelligence

Downstate Insurance Association Council Inc

990EZ • Fiscal year 2019 • EIN 13-3343875

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 19, 2020

1022 Rochelle CourtUniondale, NY 11553

(516) 419-4097

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Net Margin

65th percentile

8.5%

Higher net margin than 65% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Asset Growth

57th percentile

6.0%

Faster asset growth than 57% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

19th percentile

-17%

Faster revenue growth than 19% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$26,053

Up $1,478 (+6.0%) from 2018

Net Assets

Up

$26,053

Up $1,478 (+6.0%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$4,435

Down $903 (-17%) from 2018

Expenses

Down

$4,056

Down $1,334 (-25%) from 2018

Net Income

Up

$379

Up $431 (+829%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40K$30K$20K$10K$0Assets 2011: $36,813Liabilities 2011: $02011Assets 2012: $36,501Liabilities 2012: $02012Assets 2013: $31,733Liabilities 2013: $0Net Assets 2013: $31,7332013Assets 2014: $30,451Liabilities 2014: $0Net Assets 2014: $30,4512014Assets 2015: $27,558Liabilities 2015: $0Net Assets 2015: $27,5582015Assets 2016: $24,563Liabilities 2016: $983Net Assets 2016: $23,5802016Assets 2017: $25,056Liabilities 2017: $0Net Assets 2017: $25,0562017Assets 2018: $24,575Liabilities 2018: $0Net Assets 2018: $24,5752018Assets 2019: $26,053Liabilities 2019: $0Net Assets 2019: $26,0532019Assets 2020: $26,001Liabilities 2020: $0Net Assets 2020: $26,0012020Assets 2021: $24,678Liabilities 2021: $0Net Assets 2021: $24,6782021Assets 2022: $26,304Liabilities 2022: $0Net Assets 2022: $26,3042022Assets 2023: $24,090Liabilities 2023: $0Net Assets 2023: $24,0902023Assets 2024: $26,584Net Assets 2024: $26,5842024

Highlighted filing

2019

Assets$26,053
Liabilities$0
Net Assets$26,053

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10K$5.0K$0-$5.0KRevenue 2011: $7,619Expenses 2011: $3,895Net Income 2011: $3,7242011Revenue 2012: $2,151Expenses 2012: $2,463Net Income 2012: -$3122012Revenue 2013: $546Expenses 2013: $5,314Net Income 2013: -$4,7682013Revenue 2014: $4,603Expenses 2014: $5,838Net Income 2014: -$1,2352014Revenue 2015: $3,291Expenses 2015: $5,017Net Income 2015: -$1,7262015Revenue 2016: $1,136Expenses 2016: $4,677Net Income 2016: -$3,5412016Revenue 2017: $7,120Expenses 2017: $5,282Net Income 2017: $1,8382017Revenue 2018: $5,338Expenses 2018: $5,390Net Income 2018: -$522018Revenue 2019: $4,435Expenses 2019: $4,056Net Income 2019: $3792019Revenue 2020: $2,302Expenses 2020: $2,354Net Income 2020: -$522020Revenue 2021: $2,008Expenses 2021: $3,380Net Income 2021: -$1,3722021Revenue 2022: $7,022Expenses 2022: $5,396Net Income 2022: $1,6262022Revenue 2023: $8Expenses 2023: $2,152Net Income 2023: -$2,1442023Revenue 2024: $4,654Expenses 2024: $2,167Net Income 2024: $2,4872024

Highlighted filing

2019

Revenue$4,435
Expenses$4,056
Net Income$379
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 19, 2020
Return Version
2019v5.0
Gross Receipts
$17,451
Mission and Program Overview

Mission

To make members aware of events which effect the insurance industry.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION ACCOMPLISHES ITS OBJECTIVES AT ITS MEETINGS AND EVENTS 1. DOWNSTATE INSURANCE PICNIC 2. BOWLING EVENT 3. FISHING OUTING--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOSEPH BOSNACK JRPresident-$0--
DENESE THOMPSON AFSB AINS FIPCTreasurer-$0--
EARL EATON CPCU CLUPast Preside-$0--
JEANNE ABATELLIBusiness Man-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Bowling Event$8,955$8,955$362$8,593
Total Events$8,955$8,955$6,868$2,087
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
2020-10-19

Preparer

Firm
Kvlsm Llp
Address
415 CROSSWAYS PARK DR STE C, WOODBURY, NY 11797-2055
Preparer
Kenneth Lipner CPA
Phone
5162940400
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses 1,202 association meetings 590 bank fees 263 credit card fees 622 monthly board meetings 529 total 3,206

Form 990-ez, Part I, Line 20

Opening balance adjustment 1,099

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 1. Downstate insurance picnic 2. Bowling event 3. Fishing outing

Raw XML Appendix122 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0DENESE THOMPSON
IRS990EZ/BooksInCareOfDetail/PhoneNum05167457504
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01022 ROCHELLE COURT
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0UNIONDALE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011553
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt024575
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt026053
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0379
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0850
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt024575
IRS990EZ/Form990TotalAssetsGrp/EOYAmt026053
IRS990EZ/FundraisingGrossIncomeAmt017300
IRS990EZ/GrossReceiptsAmt017451
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0151
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt024575
IRS990EZ/NetAssetsOrFundBalancesEOYAmt026053
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt024575
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt026053
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOSEPH BOSNACK JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DENESE THOMPSON AFSB AINS FIPC
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2EARL EATON CPCU CLU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JEANNE ABATELLI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PAST PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BUSINESS MAN
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt01099
IRS990EZ/OtherExpensesTotalAmt03206
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO MAKE MEMBERS AWARE OF EVENTS WHICH EFFECT THE INSURANCE INDUSTRY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION ACCOMPLISHES ITS OBJECTIVES AT ITS MEETINGS AND EVENTS 1. DOWNSTATE INSURANCE PICNIC 2. BOWLING EVENT 3. FISHING OUTING
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt013016
IRS990EZ/SpecialEventsNetIncomeLossAmt04284
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt04056
IRS990EZ/TotalRevenueAmt04435
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt0240
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt0240
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt06868
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BOWLING EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt08955
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt08955
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt08955
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt08955
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt02087
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0362
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0362
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt06266
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt06266
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES 1,202 ASSOCIATION MEETINGS 590 BANK FEES 263 CREDIT CARD FEES 622 MONTHLY BOARD MEETINGS 529 TOTAL 3,206
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OPENING BALANCE ADJUSTMENT 1,099
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO MAKE MEMBERS AWARE OF EVENTS WHICH EFFECT THE INSURANCE INDUSTRY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION ACCOMPLISHES ITS OBJECTIVES AT ITS MEETINGS AND EVENTS 1. DOWNSTATE INSURANCE PICNIC 2. BOWLING EVENT 3. FISHING OUTING
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DENESE THOMPSON AFSB AINS FIPC
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05164194097
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-10-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DOWNSTATE INSURANCE ASSOCIATIONS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0COUNCIL INC C/O DENESE THOMPSON
ReturnHeader/Filer/BusinessNameControlTxt0DOWN
ReturnHeader/Filer/EIN0133343875
ReturnHeader/Filer/PhoneNum05164194097
ReturnHeader/Filer/USAddress/AddressLine1Txt01022 ROCHELLE COURT
ReturnHeader/Filer/USAddress/CityNm0UNIONDALE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011553
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId030BCCE42C98CA5B9585D27FB22BC2EF57298664A
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId08C3669B5B938E1948ED5EB1258B3A3CBDEA8CEF6
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt068.195.230.74
ReturnHeader/FilingSecurityInformation/IPDt02020-11-02
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm016:37:12
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271329764
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KVLSM LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0415 CROSSWAYS PARK DR STE C
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WOODBURY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0117972055
ReturnHeader/PreparerPersonGrp/PhoneNum05162940400
ReturnHeader/PreparerPersonGrp/PreparationDt02020-10-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KENNETH LIPNER CPA
ReturnHeader/ReturnTs02020-11-02T16:37:12-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$26.6$26.6$4.65$2.17$2.49
2023Detailed filing. Detailed filing data is available for this year.$24.1$0.00$24.1$0.01$2.15$2.14
2022Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$26.3$0.00$26.3$7.02$5.40$1.63
2021Detailed filing. Detailed filing data is available for this year.$24.7$0.00$24.7$2.01$3.38$1.37
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$26.0$0.00$26.0$2.30$2.35$0.05
2019Detailed filing. Detailed filing data is available for this year.$26.1$0.00$26.1$4.44$4.06$0.38
2018Detailed filing. Detailed filing data is available for this year.$24.6$0.00$24.6$5.34$5.39$0.05
2017Detailed filing. Detailed filing data is available for this year.$25.1$0.00$25.1$7.12$5.28$1.84
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.6$0.98$23.6$1.14$4.68$3.54
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$27.6$0.00$27.6$3.29$5.02$1.73
2014Detailed filing. Detailed filing data is available for this year.$30.5$0.00$30.5$4.60$5.84$1.24
2013Detailed filing. Detailed filing data is available for this year.$31.7$0.00$31.7$0.55$5.31$4.77
2012Summary only. Only limited summary data is available for this year.$36.5$0.00$2.15$2.46$0.31
2011Summary only. Only limited summary data is available for this year.$36.8$0.00$7.62$3.90$3.72
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)6 • <$500k nonprofits