Overview

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Est.

1977

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Life Insurance Council of New York Inc is a nonprofit organization dedicated to advancing the insurance sector in New York. With an operating budget of $3.9 million and total revenue of $4.4 million for the 2024 filing year, it plays a significant role in the industry. The organization does not rely on a single funder for 50% or more of its revenue and provides resources and advocacy for its members through its website, www.licony.org.

Mission Statement

SEE SCHEDULE O
Revenues
$4.4M
Expenses
$4.1M
Net Income:
+$303.6K
Assets
$7M
Liabilities
$541.4K
Net Assets:
+$6.5M
Operating Budget
$3.9M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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L
Laura Evangelista
Board Member
J
Jose Ramon Gonzalez
Board Member
S
Shawn T Loftus
Board Member

Frequently Asked Questions

What is LIFE INSURANCE COUNCIL OF NEW YORK INC’s budget?
In 2024, LIFE INSURANCE COUNCIL OF NEW YORK INC reported an annual operating budget of around $3.9 million. More detailed financial information is available to registered users.
What causes does LIFE INSURANCE COUNCIL OF NEW YORK INC support?
LIFE INSURANCE COUNCIL OF NEW YORK INC supports work in Insurance.
Where does LIFE INSURANCE COUNCIL OF NEW YORK INC operate?
LIFE INSURANCE COUNCIL OF NEW YORK INC is headquartered in Albany, NY.