New York Compensation Association is located in Commack, NY. The organization was established in 1991. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New York Compensation 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 12/2020, New York Compensation Association generated $2.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (23.0%) each year. All expenses for the organization totaled $4.2k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (18.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
IMPROVEMENT IN THE UNDERSTANDING AND APPLICATION OF EMPLOYEE COMPENSATION PRINCIPLES AND PRACTICES, INCLUDING EDUCATION AND PROFESSIONAL DEVELOPMENT. THERE WERE 9 LECTURES IN 2020.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Daniel Schaul Co-Chair | 0 | $0 | |
Steven Hall Jr Co-Chair | 0 | $0 | |
Kevin Corriea Secretary | 0 | $0 | |
Matthew Golden Treasurer | 0 | $0 | |
Matthew Perez Program Director | 0 | $0 | |
Susan Mathew Board Advisor | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $2,300 |
Investment income | $5 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $235 |
Total Revenue | $2,540 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $640 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $352 |
Other expenses | $3,176 |
Total expenses | $4,168 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $10,769 |
Other assets | $0 |
Total assets | $10,769 |
Total liabilities | $0 |
Net assets or fund balances | $10,769 |
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