NYS PUBLIC EMPLOYEES CONFERENCE INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1977

Legal Domicile

Principal Officer

PETER MERINGOLO

Phone

5167509754

Tax Period

2023-01-01 to 2023-12-31

NYS PUBLIC EMPLOYEES CONFERENCE INC, founded in 1977, is a small nonprofit in the Employment sector that reported $358K in total revenue in fiscal year 2023.

Mission

TO PROMOTE THE GENERAL INTERESTS AND WELFARE OF ITS MEMBER ORGANIZATIONS.

Program Service Accomplishments

Program 1

HELD MEETINGS AND CONFERENCES IN ACCORDANCE WITH THE ORGANIZATION'S INTENDED GOALS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $353,520

Investment Income $4,650

Other Revenue $327

TOTAL REVENUE $358,497

Expense Breakdown

Grants Paid $0

Salaries & Benefits $26,284

Fundraising Expenses $0

Other Expenses $331,142

TOTAL EXPENSES $357,426

Year-over-Year Comparison

	2023	2022	Change
Revenue	$358,497	$335,621	+0.1%
Expenses	$357,426	$293,769	+0.2%
Net Income	$1,071	$41,852	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$24,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER MERINGOLO	Chairman	10.00	Officer	$24,000	$0	$24,000
ANTHONY WELLS	Trustee	1.00	Director	$0	$0	$0
DENNIS QUIRK	Trustee	1.00	Director	$0	$0	$0
WILLIAM M HENNESSEY	Trustee	1.00	Director	$0	$0	$0
CHRIStOPHER ERIKSON	CORR. SECRETARY	1.00	Officer	$0	$0	$0
RICHARD WELLS	RECORDING SECY	1.00	Officer	$0	$0	$0
HARRY NESPOLI	Co-CHAIRMAN	1.00	Officer	$0	$0	$0
JOSEPH MANNION	Treasurer	3.00	Officer	$0	$0	$0
LOUIS TURCO	CO-CHAIRMAN	1.00	Officer	$0	$0	$0
Wayne Joseph	CO-CHAIRMAN	1.00	Officer	$0	$0	$0
THOMAS MUNGEER	Co-CHAIRMAN	1.00	Officer	$0	$0	$0
Gloria Middleton	Co-CHAIRMAN	1.00	Officer	$0	$0	$0
Dan Levler	CO-CHAIRMAN	1.00	Officer	$0	$0	$0
Michael B Powers	co-chairman	1.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$358,497	$357,426	$629,413	$1,071
2022	$335,621	$293,769	$564,844	$41,852
2021	$263,234	$328,610	$548,992	$-65,376
2019	$330,738	$305,412	$498,761	$25,326
2018	$379,559	$402,735	$393,167	$-23,176