Civic Intelligence

Industrial Insulation Contractor'S Association of Southern Newyork Inc

990 • Fiscal year 2020 • EIN 27-1485253

Jan 01, 2020 to Dec 31, 2020 • Filed on May 17, 2021

Refreshing map…

510 Broadhollow Road Suite 305AMelville, NY 11747

(516) 677-5183

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.00x

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

2020 filings • NTEE S41 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

51st percentile

0.00x

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

2020 filings • NTEE S41 • <$500k nonprofits • Source year 2020

Net Margin

96th percentile

76%

Higher net margin than 96% of similar nonprofits.

2020 filings • NTEE S41 • <$500k nonprofits • Source year 2020

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2020 filings • NTEE S41 • <$500k nonprofits • Source year 2020

Asset Growth

78th percentile

31%

Faster asset growth than 78% of similar nonprofits.

2020 filings • NTEE S41 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

86th percentile

14%

Faster revenue growth than 86% of similar nonprofits.

2020 filings • NTEE S41 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$271,731

Up $64,589 (+31%) from 2019

Net Assets

Up

$271,731

Up $64,589 (+31%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$85,395

Up $10,393 (+14%) from 2019

Expenses

Down

$20,806

Down $8,284 (-28%) from 2019

Net Income

Up

$64,589

Up $18,677 (+41%) from 2019

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2013: $17,899Liabilities 2013: $0Net Assets 2013: $17,8992013Assets 2014: $35,475Liabilities 2014: $0Net Assets 2014: $35,4752014Assets 2015: $58,534Liabilities 2015: $0Net Assets 2015: $58,5342015Assets 2016: $78,180Liabilities 2016: $0Net Assets 2016: $78,1802016Assets 2017: $112,880Liabilities 2017: $200Net Assets 2017: $112,6802017Assets 2018: $161,230Liabilities 2018: $0Net Assets 2018: $161,2302018Assets 2019: $207,142Liabilities 2019: $0Net Assets 2019: $207,1422019Assets 2020: $271,731Liabilities 2020: $0Net Assets 2020: $271,7312020Assets 2021: $297,510Liabilities 2021: $0Net Assets 2021: $297,5102021Assets 2024: $370,675Liabilities 2024: $0Net Assets 2024: $370,6752024

Highlighted filing

2020

Assets$271,731
Liabilities$0
Net Assets$271,731

Operations Trend

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

$100K$50K$0-$50KRevenue 2013: $11,287Expenses 2013: $13,849Net Income 2013: -$2,5622013Revenue 2014: $25,905Expenses 2014: $8,329Net Income 2014: $17,5762014Revenue 2015: $27,942Expenses 2015: $4,883Net Income 2015: $23,0592015Revenue 2016: $26,210Expenses 2016: $6,564Net Income 2016: $19,6462016Revenue 2017: $42,558Expenses 2017: $8,058Net Income 2017: $34,5002017Revenue 2018: $57,856Expenses 2018: $9,306Net Income 2018: $48,5502018Revenue 2019: $75,002Expenses 2019: $29,090Net Income 2019: $45,9122019Revenue 2020: $85,395Expenses 2020: $20,806Net Income 2020: $64,5892020Revenue 2021: $48,173Expenses 2021: $22,394Net Income 2021: $25,7792021Revenue 2024: $67,117Expenses 2024: $23,371Net Income 2024: $43,7462024

Highlighted filing

2020

Revenue$85,395
Expenses$20,806
Net Income$64,589
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 17, 2021
Return Version
2020v4.0
Gross Receipts
$92,294
Mission and Program Overview

Mission

The particular business and objects of the association shall be: (i)to provide a means whereby persons engaged in the industries of (a) furnishing and applying insulation to piping, apparatus, and ducts in connection with heating, plumbing, air conditioning, and refrigeration systems, and to steam generating and industrial processing equipment, (b) sealing of through penetrations, openings, and gaps in rated walls and floors, including slab-edges to prevent the passage of fire, smoke, or other gases, may meet, fraternize and exchange ideas in relation to said industries (the industries described in (a) and (b) are referred to herein collectively as the "industries"); (ii)to develop and foster fair dealings and practices and a high standard of business ethics among those engaged in the business, so that membership in the association will be a reasonable assurance to the public of the skill, integrity, and responsibilities of its members, and the public will regard members of the associa

The particular business and objectives of the Association shall be: (i) to provide a means whereby persons engaged in the industries of (a) furnishing and applying insulation to piping , apparatus, and ducts in connection with heating, plumbing,air conditioning, and refrigeration systems, and to steam generating and industrial processing equipment, (b) sealing of through penetrations, openings, and gaps in rated walls and floors, including slab-edges to prevent the passage of fire, smoke, or other gasses, may meet, fraternize and exchange ideas in relation to said industries ( the industries described in (a) and (b) are referred to herein collectively as the " Industries"); (ii) to develop and foster fair dealings and practices and a high stsndard of business ethics among those engaged in the business, so that membership in the Association will be a reasonable assurance to the public of the skill, intergrity, and responsibilities of its members, and the pubic will regard members of the

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$207,142$271,731▲ $64,589
Rtn Earn Endowment Incm Other Fnds$207,142$271,731▲ $64,589
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$207,142$271,731▲ $64,589
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$207,142$271,731▲ $64,589
Total Liabilities and Net Assets / Fund Balance$207,142$271,731▲ $64,589
Compensation and Service Providers

Board Members and Trustees

NameTitle
David KimPresident
Donald Donnely JrVice President
Joseph Leo JrSecretary
Brian AullTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$78,733
Program Service Revenue
$0
Investment Income
$6,662
Other Revenue
$0
Change in Net Assets
$64,589
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$20,806
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$13,933--$13,933
Fees for Services Legal$2,345$503-$2,848
Fees for Services Accounting-$1,950-$1,950
Fees for Service Investment Mgmnt Fees-$990-$990
Insurance-$788-$788
Office Expenses-$297-$297
Total Functional Expenses$16,278$4,528$0$20,806
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

Membership in the Association shall be open to any person, legally registered partnership, limited liablilty company, corporation, association or other entity of good repute, which is regularly engaged in one or more of the Industries and which is signatory, or which desires to become signatory, to the agreement of working conditiions with the International Association of Heat & Frost Insulators and Asbestos Workers ( Allied workers) Local No. 91 covering the counties of Westchester, Rockland, Orange, Putnam and Dutchess in the State of New York.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

Each board member shall be elected at an annual meeting of the Association members. The terms are staggered as the President & Vice President are elected for a 3 year term and the the Secretary and Treasurer are elected for a 2 year term. Election of officers at the annual meeting shall be by secret ballot in those cases where where more than one nomination to any single office has been made. The election of the officers shall be simple majority of votes cast for each respective officer.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

Decisions subject to approval of Members Amendments to the Constitution may be proposed by two or more Members submitting the proposed Amendment to the Executive Director in writing via email or registered mail fifteen (15) days prior to a scheduled General Membership Meeting. Proposed Amendments will be submitted by email to the Members with a ballot and a vote on the proposed Amendment and shall be held at the next General Membership Meeting following the submission of the proposed Amendment to the Executive Director. Those Members not present who wish to vote may do so via proxy or mail. A two-thirds majority of the total voting membership, voting affirmatively, shall be required to make any such Amendment effective.

Form 990, Part VI, Line 11B: Form 990 Review Process

The 990 is reviewed and signed by the Treasurer prior to filing.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents are available at the Assoociations office: 510 Broadhollow Road, Suite 305A, Melville, NY 11747

Filing and Contact Details

Filer

Filer Name
Industrial Insulation Contractors
EIN
27-1485253
Phone
5166775183
Address
510 Broadhollow Road Suite 305A, Melville, NY 11747

Signing Officer

Name
Brian Aull
Title
Treasurer
Signed
2021-05-17
Discuss with paid preparer
Yes

Organization Details

Formed
1973
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
4

Preparer

Firm
Michelle DeLillo CPA
Address
6 Meadowood Lane, Fort Salonga, NY 11768
Preparer
Michelle DeLillo
Phone
5163188505
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Membership in the Association shall be open to any person, legally registered partnership, limited liablilty company, corporation, association or other entity of good repute, which is regularly engaged in one or more of the Industries and which is signatory, or which desires to become signatory, to the agreement of working conditiions with the International Association of Heat & Frost Insulators and Asbestos Workers ( Allied workers) Local No. 91 covering the counties of Westchester, Rockland, Orange, Putnam and Dutchess in the State of New York.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Each board member shall be elected at an annual meeting of the Association members. The terms are staggered as the President & Vice President are elected for a 3 year term and the the Secretary and Treasurer are elected for a 2 year term. Election of officers at the annual meeting shall be by secret ballot in those cases where where more than one nomination to any single office has been made. The election of the officers shall be simple majority of votes cast for each respective officer.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Decisions subject to approval of Members Amendments to the Constitution may be proposed by two or more Members submitting the proposed Amendment to the Executive Director in writing via email or registered mail fifteen (15) days prior to a scheduled General Membership Meeting. Proposed Amendments will be submitted by email to the Members with a ballot and a vote on the proposed Amendment and shall be held at the next General Membership Meeting following the submission of the proposed Amendment to the Executive Director. Those Members not present who wish to vote may do so via proxy or mail. A two-thirds majority of the total voting membership, voting affirmatively, shall be required to make any such Amendment effective.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The 990 is reviewed and signed by the Treasurer prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governing documents are available at the Assoociations office: 510 Broadhollow Road, Suite 305A, Melville, NY 11747
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/USAddress/AddressLine1Txt0510 Broadhollow Road Suite 305A
IRS990/USAddress/CityNm0Melville
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IRS990/USAddress/ZIPCd011747
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRIAN AULL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INDUSTRIAL INSULATION CONTRACTORS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION OF SOUTHERN NEW YORK INC
ReturnHeader/Filer/BusinessNameControlTxt0INDU
ReturnHeader/Filer/EIN0271485253
ReturnHeader/Filer/PhoneNum05166775183
ReturnHeader/Filer/USAddress/AddressLine1Txt0510 Broadhollow Road Suite 305A
ReturnHeader/Filer/USAddress/CityNm0Melville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011747
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0862437936
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Michelle DeLillo CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06 Meadowood Lane
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Fort Salonga
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011768
ReturnHeader/PreparerPersonGrp/PhoneNum05163188505
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Michelle DeLillo
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-05-17T11:05:51-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BRIAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0AULL
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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