Civic Intelligence

Powerconference Inc

990EZ • Fiscal year 2017 • EIN 81-5121935

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 14, 2018

Organization ProfilePOWERCONFERENCEINC.COM
88 Pine St FL 14New York, NY 10005

(212) 267-6500

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.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

47th percentile

0.00x

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

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Net Margin

79th percentile

16%

Higher net margin than 79% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Balance Sheet
Liabilities / Assets47th percentile

Assets

$23,218

No earlier filing loaded for comparison.

Net Assets

$23,218

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin79th percentile

Revenue

$142,500

No earlier filing loaded for comparison.

Expenses

$119,282

No earlier filing loaded for comparison.

Net Income

$23,218

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$80K$60K$40K$20K$0Assets 2017: $23,218Liabilities 2017: $0Net Assets 2017: $23,2182017Assets 2018: $69,350Net Assets 2018: $69,3502018

Highlighted filing

2017

Assets$23,218
Liabilities$0
Net Assets$23,218
Open 2017 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$200K$150K$100K$50K$0Revenue 2017: $142,500Expenses 2017: $119,282Net Income 2017: $23,2182017Revenue 2018: $151,500Expenses 2018: $105,368Net Income 2018: $46,1322018

Highlighted filing

2017

Revenue$142,500
Expenses$119,282
Net Income$23,218
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 14, 2018
Return Version
2017v2.3
Gross Receipts
$142,500
Mission and Program Overview

Mission

Powerconference, inc is an organization dedicated to the promotion of knowledge and training of insurance professionals in cutting edge and emerging issues relating to the power industry. Powerconference, inc organizes conferences that includes professionals and experts in the power industry that offers insight and knowledge to assist in underwriting risks, loss mitigation, and handling complex and dynamic claims in this field. Powerconference, inc offers continuing education for insurance professionals. Powerconference, inc. Is run by a group of volunteers in the insurance industry that dedicate their time to advancing technical knowledge relating to insurance and the power industry in order to strengthen and enhance the community.

Powerconference, inc. Is an organization dedicated to the promotion of knowledge and training of insurance professionals in cutting edge and emerging issues relating to the power industry. Powerconference, inc. Organizes conferences that includes professionals and experts in the power industry that offers insight and knowledge to assist in underwriting risks, loss mitigation, and handling complex and dynamic claims in this field. Powerconference, inc. Offers continuing education for insurance professionals. Powerconference, inc. Is run by a group of volunteers in the insurance industry that dedicate their time to advancing technical knowledge relating to insurance and the power industry in order to strengthen and enhance the community.

Program Services

DescriptionGrantsExpenses
IN 2017, POWERCONFERENCE, INC. ORGANIZED A 1 DAY CONFERENCE IN NEW YORK CITY WHICH WAS ATTENDED BY OVER 250 PROFESSIONALS FROM VARIOUS DISCIPLINES IN THE ENERGY AND INSURANCE INDUSTRY. A BROAD SPECTRUM OF INDUSTRY EXPERTS SPOKE ON A VARIETY OF TOPICS RELATING TO CURRENT AND EMERGING TRENDS IN THE ENERGY SECTOR AND INSURANCE TOPICS. THE PURPOSE OF THE CONFERENCE WAS TO HELP PROMOTE AWARENESS, EDUCATION AND TECHNICAL INFORMATION IN ORDER TO FURTHER ENHANCE THE CLAIMS HANDLING, RISK MANAGEMENT, AND LOSS MITIGATION STRATEGIES OF INSURANCE AND INDUSTRY PROFESSIONALS. THE 2017 PROGRAM CONTENT WAS APPROVED FOR 8 HOURS OF CONTINUING EDUCATION (CE) CREDITS BY THE STATES OF TEXAS, FLORIDA, MASSACHUSETTS, INDIANA, AND GEORGIA.$0$0
Compensation and Service Providers
Top Officer Pay70th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEVE GREGOIREPresident-$0--
ELIZABETH PETERSENSecretaryPT$0--
SEAN SICATreasurerPT$0--
JEFF WEINSTEINMember-$0--
JOHN ROBERTSMember-$0--
GRETCHEN HENNINGERMember-$0--
STEVE GUGGENHEIMMember-$0--
DAN MCLOEDMember-$0--
MARC GIOVANNETTIChairperson-$0--
Filing and Contact Details

Filer

Filer Name
Powerconference Inc
EIN
81-5121935
Phone
2122676500
Address
88 PINE ST FL 14, NEW YORK, NY 10005

Signing Officer

Name
Sean Sica
Title
Treasurer
Phone
2122676500
Signed
2018-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Rossman Tax Service
Address
16 ROOSEVELT AVENUE, PORT JEFFERSON STA, NY 11776
Preparer
Joshua Rossman
Phone
6314732022
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: cost of conference venue and catering. Amount: 71,733. Description: pre-conference sponsor banquet. Amount: 10,494. Description: fees for guest speaker. Amount: 12,500. Description: t&e guest speakers. Amount: 893. Description: planning committee meetings. Amount: 3,844. Description: website and app. Amount: 6,955. Description: program and printed materials. Amount: 3,908. Description: giveaways for attendees. Amount: 4,671. Description: giveaways for planning committee. Amount: 1,827. Description: raffle prizes. Amount: 784. Description: invitations. Amount: 1,439. Description: bank fees. Amount: 234. Total to form 990-ez, line 16: 119,282.”

Raw XML Appendix142 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0STEVE GREGOIRE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JEFF WEINSTEIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JOHN ROBERTS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5GRETCHEN HENNINGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6STEVE GUGGENHEIM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7DAN MCLOED
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8MARC GIOVANNETTI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
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IRS990EZ/OperateHospitalInd00
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IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0119282
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0POWERCONFERENCE, INC. IS AN ORGANIZATION DEDICATED TO THE PROMOTION OF KNOWLEDGE AND TRAINING OF INSURANCE PROFESSIONALS IN CUTTING EDGE AND EMERGING ISSUES RELATING TO THE POWER INDUSTRY. POWERCONFERENCE, INC. ORGANIZES CONFERENCES THAT INCLUDES PROFESSIONALS AND EXPERTS IN THE POWER INDUSTRY THAT OFFERS INSIGHT AND KNOWLEDGE TO ASSIST IN UNDERWRITING RISKS, LOSS MITIGATION, AND HANDLING COMPLEX AND DYNAMIC CLAIMS IN THIS FIELD. POWERCONFERENCE, INC. OFFERS CONTINUING EDUCATION FOR INSURANCE PROFESSIONALS. POWERCONFERENCE, INC. IS RUN BY A GROUP OF VOLUNTEERS IN THE INSURANCE INDUSTRY THAT DEDICATE THEIR TIME TO ADVANCING TECHNICAL KNOWLEDGE RELATING TO INSURANCE AND THE POWER INDUSTRY IN ORDER TO STRENGTHEN AND ENHANCE THE COMMUNITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0IN 2017, POWERCONFERENCE, INC. ORGANIZED A 1 DAY CONFERENCE IN NEW YORK CITY WHICH WAS ATTENDED BY OVER 250 PROFESSIONALS FROM VARIOUS DISCIPLINES IN THE ENERGY AND INSURANCE INDUSTRY. A BROAD SPECTRUM OF INDUSTRY EXPERTS SPOKE ON A VARIETY OF TOPICS RELATING TO CURRENT AND EMERGING TRENDS IN THE ENERGY SECTOR AND INSURANCE TOPICS. THE PURPOSE OF THE CONFERENCE WAS TO HELP PROMOTE AWARENESS, EDUCATION AND TECHNICAL INFORMATION IN ORDER TO FURTHER ENHANCE THE CLAIMS HANDLING, RISK MANAGEMENT, AND LOSS MITIGATION STRATEGIES OF INSURANCE AND INDUSTRY PROFESSIONALS. THE 2017 PROGRAM CONTENT WAS APPROVED FOR 8 HOURS OF CONTINUING EDUCATION (CE) CREDITS BY THE STATES OF TEXAS, FLORIDA, MASSACHUSETTS, INDIANA, AND GEORGIA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
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IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt0119282
IRS990EZ/TotalRevenueAmt0142500
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTPS://POWERCONFERENCEINC.COM/
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: COST OF CONFERENCE VENUE AND CATERING. AMOUNT: 71,733. DESCRIPTION: PRE-CONFERENCE SPONSOR BANQUET. AMOUNT: 10,494. DESCRIPTION: FEES FOR GUEST SPEAKER. AMOUNT: 12,500. DESCRIPTION: T&E GUEST SPEAKERS. AMOUNT: 893. DESCRIPTION: PLANNING COMMITTEE MEETINGS. AMOUNT: 3,844. DESCRIPTION: WEBSITE AND APP. AMOUNT: 6,955. DESCRIPTION: PROGRAM AND PRINTED MATERIALS. AMOUNT: 3,908. DESCRIPTION: GIVEAWAYS FOR ATTENDEES. AMOUNT: 4,671. DESCRIPTION: GIVEAWAYS FOR PLANNING COMMITTEE. AMOUNT: 1,827. DESCRIPTION: RAFFLE PRIZES. AMOUNT: 784. DESCRIPTION: INVITATIONS. AMOUNT: 1,439. DESCRIPTION: BANK FEES. AMOUNT: 234. TOTAL TO FORM 990-EZ, LINE 16: 119,282.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SEAN SICA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02122676500
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0POWERCONFERENCE INC
ReturnHeader/Filer/BusinessNameControlTxt0POWE
ReturnHeader/Filer/EIN0815121935
ReturnHeader/Filer/PhoneNum02122676500
ReturnHeader/Filer/USAddress/AddressLine1Txt088 PINE ST FL 14
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt075.127.220.114
ReturnHeader/FilingSecurityInformation/IPDt02018-11-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm010:22:13
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113352789
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROSSMAN TAX SERVICE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt016 ROOSEVELT AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PORT JEFFERSON STA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011776
ReturnHeader/PreparerPersonGrp/PhoneNum06314732022
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSHUA ROSSMAN
ReturnHeader/ReturnTs02018-11-14T09:22:42-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$23,218
Liabilities
$0
Net assets
$23,218
Revenue
$142,500
Expenses
$119,282
Net income
$23,218
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$0.69$0.69$1.52$1.05$0.46
2017Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$1.43$1.19$0.23