LONG ISLAND ASSOCIATION INC

EIN: 111617383

MELVILLE, NY

Total Revenue
$2,888,523
Total Expenses
$2,758,830
Total Assets
$2,482,962
Net Assets
$847,924
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1926
Legal Domicile
NY
Principal Officer
MATTHEW COHEN ESQ
Phone
6314933000
Tax Period
2023-01-01 to 2023-12-31

LONG ISLAND ASSOCIATION INC, founded in 1926, is a community nonprofit that reported $2.9M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $2.8M left a modest 4% surplus.

Mission

THE MISSION OF THE LONG ISLAND ASSOCIATION IS TO LEAD AND UNIFY THE REGION TO ENHANCE, STRENGTHEN AND PROTECT LONG ISLAND AS A PREMIER PLACE TO LIVE, WORK AND PLAY. THE LIA SHALL ADVOCATE FOR POLICIES, PROGRAMS AND PROJECTS THAT CREATE JOBS, SPUR PRIVATE INVESTMENT, REDUCE THE FEDERAL, STATE AND LOCAL TAX BURDEN, IMPROVE ACCESS TO AND FROM NEW YORK CITY AND IMPROVE THE OVERALL BUSINESS CLIMATE IN OUR REGION. WE WILL SUPPORT ECONOMIC DEVELOPMENT, WORKFORCE HOUSING, GREATER STATE SUPPORT FOR EDUCATION, PUBLIC SAFETY, CLEAN RELIABLE ENERGY, WORKFORCE TRAINING AND RETENTION, ENVIRONMENTAL PROTECTION, TECHNOLOGY ANDINFRASTRUCTURE INVESTMENTS, AND OUR NOT-FOR-PROFIT ORGANIZATIONS ASWELL AS OPPORTUNITIES FOR GROWTH, EQUALITY AND DIVERSITY IN OUR REGION. THE LONG ISLAND ASSOCIATION: - ACTIVELY ADVOCATES THE INTERESTS OF, AND PROMOTES COOPERATION AMONG, THE BUSINESS, LABOR, EDUCATIONAL, SCIENTIFIC, TECHNOLOGY, NOT-FOR-PROFIT AND CIVIC COMMUNITIES AND ADVOCATES FOR OVERALL ECONOMIC DEVELOPMENT AND GROWTH AT THE LOCAL, STATE AND FEDERAL LEVELS OF GOVERNMENT. - SEEKS TO CREATE AND RETAIN BALANCED ECONOMIC OPPORTUNITIES AND JOBS IN A CLEAN, HEALTHY AND SAFE ENVIRONMENT - AS LONG ISLAND'S CHAMBER OF COMMERCE, PROVIDES VALUABLE SERVICES AND PROGRAMS/REPRESENTATION TO ITS MEMBERSHIP ORGANIZATIONS, INCLUDING THE SMALL BUSINESS COMMUNITY

Program Service Accomplishments

Program 1

THE LONG ISLAND ASSOCIATION (LIA) IS THE REGION'S LEADING NON-PROFIT AND NON-PARTISAN BUSINESS ORGANIZATION AND HAS BEEN ADVOCATING FOR ECONOMIC DEVELOPMENT AND GROWTH AND A POSITIVE BUSINESS CLIMATE...

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THE LONG ISLAND ASSOCIATION (LIA) IS THE REGION'S LEADING NON-PROFIT AND NON-PARTISAN BUSINESS ORGANIZATION AND HAS BEEN ADVOCATING FOR ECONOMIC DEVELOPMENT AND GROWTH AND A POSITIVE BUSINESS CLIMATE ON LONG ISLAND SINCE 1926.

Program 2

THE STRATEGIC COMMITTEES OF THE LIA EXPLORE TOPICS CRITICAL TO OUR REGION'S ECONOMIC GROWTH AND HOLD EVENTS SO MEMBERS CAN NETWORK AND CONNECT WITH DECISION MAKERS. THE LIA ALSO HOSTS ANNUAL EVENTS...

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THE STRATEGIC COMMITTEES OF THE LIA EXPLORE TOPICS CRITICAL TO OUR REGION'S ECONOMIC GROWTH AND HOLD EVENTS SO MEMBERS CAN NETWORK AND CONNECT WITH DECISION MAKERS. THE LIA ALSO HOSTS ANNUAL EVENTS WITH GLOBALLY RECOGNIZED AND INFLUENTIAL SPEAKERS, INCLUDING THE STATE OF THE REGION, EVENING OF HONORS, AND LUNCHEONS.

Program 3

THE LIA IS A RESPECTED VOICE AND RESOURCE ON TOPICS CRITICAL TO LONG ISLAND'S ECONOMY THROUGH ITS ANNUAL POLICY PRIORITIES, RESEARCH REPORTS, PROGRAMS, AND ONGOING LEADERSHIP IN AREAS INCLUDING...

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THE LIA IS A RESPECTED VOICE AND RESOURCE ON TOPICS CRITICAL TO LONG ISLAND'S ECONOMY THROUGH ITS ANNUAL POLICY PRIORITIES, RESEARCH REPORTS, PROGRAMS, AND ONGOING LEADERSHIP IN AREAS INCLUDING SUPPORTING SMALL BUSINESSES; ADDRESSING LONG ISLAND'S AFFORDABILITY; CREATING A MORE DIVERSE, EQUITABLE, AND INCLUSIVE LONG ISLAND; ADVOCATING FOR INFRASTRUCTURE INVESTMENTS; ADVANCING A CLEAN ENERGY ECONOMY; AND CULTIVATING INNOVATION.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $83,000
Program Service Revenue $2,772,189
Investment Income $33,334
Other Revenue $0
TOTAL REVENUE $2,888,523

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,583,391
Fundraising Expenses $0
Other Expenses $1,175,439
TOTAL EXPENSES $2,758,830

Year-over-Year Comparison

2023 2022 Change
Revenue $2,888,523 $2,507,634 +0.2%
Expenses $2,758,830 $2,400,280 +0.1%
Net Income $129,693 $107,354 +0.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
96
Independent Members
94
Employees
8
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
12
$1,030,544
Total Directors
108
$520,451
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATTHEW COHEN ESQ PRESIDENT & CEO 40.00
Officer Director
$425,060 $95,391 $520,451
CRISLER QUICK TREASURER 1.00
Officer Director
$0 $0 $0
KATHERINE HEAVISIDE SECRETARY 1.00
Officer Director
$0 $0 $0
LAWRENCE J WALDMAN CHAIRMAN 1.00
Officer Director
$0 $0 $0
MICHAEL MATURO FIRST VICE CHAIR 1.00
Officer Director
$0 $0 $0
FRANK INGRASSIA VICE CHAIR 1.00
Officer Director
$0 $0 $0
SEYMOUR LIEBMAN VICE CHAIR 1.00
Officer Director
$0 $0 $0
CHARLES M STRAIN LEGAL COUNSEL (THRU 05/2023) 1.00
Officer Director
$0 $0 $0
ADAM SILVERS LEGAL COUNSEL (AS OF 05/2023) 1.00
Officer Director
$0 $0 $0
JEFFREY D ALTER DIRECTOR 1.00
Officer Director
$0 $0 $0
PHIL ANDREWS DIRECTOR 1.00
Director
$0 $0 $0
LINDA ARMYN DIRECTOR (AS OF 09/2023) 1.00
Director
$0 $0 $0
CHRIS BECKER DIRECTOR 1.00
Director
$0 $0 $0
SEEMA BHANSALI DIRECTOR 1.00
Director
$0 $0 $0
EDWARD BLASKEY DIRECTOR 1.00
Director
$0 $0 $0
DONALD BOOMGAARDEN DIRECTOR 1.00
Director
$0 $0 $0
JOHN BURKE DIRECTOR 1.00
Director
$0 $0 $0
BILL BURNS DIRECTOR (AS OF 03/2023) 1.00
Director
$0 $0 $0
ALTON BYRD DIRECTOR (THRU 05/2023) 1.00
Director
$0 $0 $0
ERNEST G CANADEO DIRECTOR 1.00
Director
$0 $0 $0
CHRIS CAPECE DIRECTOR 1.00
Director
$0 $0 $0
ROBERT B CATELL DIRECTOR 1.00
Director
$0 $0 $0
MING CHIANG DIRECTOR 1.00
Director
$0 $0 $0
GREG CLARK DIRECTOR 1.00
Director
$0 $0 $0
KIMBERLY CLINE DIRECTOR 1.00
Director
$0 $0 $0
MIKE COSENTINO DIRECTOR (THRU 10/2023) 1.00
Director
$0 $0 $0
JOHN T COSTANZO DIRECTOR 1.00
Director
$0 $0 $0
ROBERT COUGHLAN DIRECTOR 1.00
Director
$0 $0 $0
JOHN D'ADDARIO III DIRECTOR 1.00
Director
$0 $0 $0
PHILIP DECICCO DIRECTOR 1.00
Director
$0 $0 $0
DANIEL DEEGAN DIRECTOR 1.00
Director
$0 $0 $0
RANDY DEYULIO DIRECTOR 1.00
Director
$0 $0 $0
JANE DUGGAN DIRECTOR 1.00
Director
$0 $0 $0
JOHN R DURSO DIRECTOR 1.00
Director
$0 $0 $0
HAMID ERFANIAN DIRECTOR (THRU 10/2023) 1.00
Director
$0 $0 $0
HARRISON FEUER DIRECTOR 1.00
Director
$0 $0 $0
JOHN FLANAGAN DIRECTOR 1.00
Director
$0 $0 $0
HANK FOLEY DIRECTOR 1.00
Director
$0 $0 $0
ESTHER FORTUNOFF DIRECTOR 1.00
Director
$0 $0 $0
PATRICIA GALTERI DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER GARVEY DIRECTOR 1.00
Director
$0 $0 $0
KEVIN GERSHOWITZ DIRECTOR 1.00
Director
$0 $0 $0
DOON GIBBS DIRECTOR (THRU 01/2023) 1.00
Director
$0 $0 $0
BILL GOLDEN DIRECTOR (THRU 01/2023) 1.00
Director
$0 $0 $0
JOSEPH GRECO DIRECTOR 1.00
Director
$0 $0 $0
WAYNE GROSSE DIRECTOR (THRU 09/2023) 1.00
Director
$0 $0 $0
LUCY GUILHERME DIRECTOR 1.00
Director
$0 $0 $0
CHRISTOPHER HAHN DIRECTOR 1.00
Director
$0 $0 $0
DORITH HAKIM DIRECTOR 1.00
Director
$0 $0 $0
JUNIOR HAREWOOD DIRECTOR (AS OF 06/2023) 1.00
Director
$0 $0 $0
DAWN HARMON DIRECTOR 1.00
Director
$0 $0 $0
BILLY HAUGLAND II DIRECTOR 1.00
Director
$0 $0 $0
BRIAN HERRINGTON DIRECTOR 1.00
Director
$0 $0 $0
HENRY HOLLEY DIRECTOR 1.00
Director
$0 $0 $0
RICHARD HUMANN DIRECTOR 1.00
Director
$0 $0 $0
PETER KAPLAN DIRECTOR 1.00
Director
$0 $0 $0
ANIL KAPOOR DIRECTOR 1.00
Director
$0 $0 $0
BERNIE KENNEDY DIRECTOR 1.00
Director
$0 $0 $0
DEBBY KRENEK DIRECTOR 1.00
Director
$0 $0 $0
EVAN KRINICK DIRECTOR 1.00
Director
$0 $0 $0
ELLEN LABITA DIRECTOR 1.00
Director
$0 $0 $0
JAMES LENTINI DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL LESSING DIRECTOR 1.00
Director
$0 $0 $0
DONNA LINKE-KLEIN DIRECTOR 1.00
Director
$0 $0 $0
NEELA MUKHERJEE LOCKEL DIRECTOR 1.00
Director
$0 $0 $0
JAMES MARON DIRECTOR (AS OF 09/2023) 1.00
Director
$0 $0 $0
JOHN MAST DIRECTOR 1.00
Director
$0 $0 $0
TORA MATSUOKA DIRECTOR (AS OF 09/2023) 1.00
Director
$0 $0 $0
CAROLYN MAZZENGA DIRECTOR 1.00
Director
$0 $0 $0
MAURIE MCINNIS DIRECTOR 1.00
Director
$0 $0 $0
ROBERT MILAS DIRECTOR 1.00
Director
$0 $0 $0
JENNA NATALE DIRECTOR 1.00
Director
$0 $0 $0
JOSEPH NOLAN DIRECTOR 1.00
Director
$0 $0 $0
REBECCA O'CONNELL DIRECTOR (AS OF 01/2023) 1.00
Director
$0 $0 $0
DEIRDRE O'CONNELL DIRECTOR 1.00
Director
$0 $0 $0
KEVIN O'CONNOR DIRECTOR (THRU 10/2023) 1.00
Director
$0 $0 $0
PATRICK O'SHAUGHNESSY DIRECTOR 1.00
Director
$0 $0 $0
PAULE T PACHTER DIRECTOR 1.00
Director
$0 $0 $0
MAGDALONE PARIS-CAMPBELL DIRECTOR 1.00
Director
$0 $0 $0
CHINTU PATEL DIRECTOR 1.00
Director
$0 $0 $0
MARC PEREZ DIRECTOR 1.00
Director
$0 $0 $0
SUSAN POSER DIRECTOR 1.00
Director
$0 $0 $0
ANDREW RAINONE DIRECTOR (AS OF 12/2023) 1.00
Director
$0 $0 $0
JEFFREY REYNOLDS DIRECTOR 1.00
Director
$0 $0 $0
KRISTEN REYNOLDS DIRECTOR (AS OF 01/2023) 1.00
Director
$0 $0 $0
STUART RICHNER DIRECTOR 1.00
Director
$0 $0 $0
CATHERINE RINALDI DIRECTOR (THRU 10/2023) 1.00
Director
$0 $0 $0
CHRISTINE RIORDAN DIRECTOR 1.00
Director
$0 $0 $0
STEVE RIPP DIRECTOR 1.00
Director
$0 $0 $0
CHRIS ROSA DIRECTOR 1.00
Director
$0 $0 $0
ERIKA RUDNICK DIRECTOR (THRU 01/2023) 1.00
Director
$0 $0 $0
TIMOTHY SAMS DIRECTOR 1.00
Director
$0 $0 $0
BOB SANDERS DIRECTOR (THRU 03/2023) 1.00
Director
$0 $0 $0
DAVID SCHIEREN DIRECTOR 1.00
Director
$0 $0 $0
ADHI SHARMA DIRECTOR 1.00
Director
$0 $0 $0
PHYLLIS HILL SLATER DIRECTOR 1.00
Director
$0 $0 $0
BRUCE STILLMAN DIRECTOR 1.00
Director
$0 $0 $0
MIRIAM B TANENBAUM DIRECTOR 1.00
Director
$0 $0 $0
FELCIA TUCKER DIRECTOR (AS OF 09/2023) 1.00
Director
$0 $0 $0
LUIS VAZQUEZ DIRECTOR 1.00
Director
$0 $0 $0
SARAH VEITCH DIRECTOR 1.00
Director
$0 $0 $0
CATHY VERRELLI DIRECTOR 1.00
Director
$0 $0 $0
MAUREEN EVERS WILLOX DIRECTOR (THRU 05/2023) 1.00
Director
$0 $0 $0
MORGAN TAYLOR DIRECTOR (AS OF 12/2023) 1.00
Director
$0 $0 $0
ROBERT FREE DIRECTOR (AS OF 10/2023) 1.00
Director
$0 $0 $0
JOANNE HEWETT DIRECTOR (AS OF 10/2023) 1.00
Director
$0 $0 $0
STU LUBOW DIRECTOR (AS OF 10/2023) 1.00
Director
$0 $0 $0
KIM STONE DIRECTOR (AS OF 10/2023) 1.00
Director
$0 $0 $0
MICHELLE BYRNE CHIEF FINANCIAL OFFICER 40.00
Officer
$200,722 $42,550 $243,272
STACEY SIKES VICE PRESIDENT 40.00
Officer
$255,762 $11,059 $266,821
TIFFANY HANSEN EVENTS DIRECTOR 40.00
Highest
$149,776 $6,022 $155,798
DAVID FATTIZZO MEMBERSHIP DIRECTOR 40.00
Highest
$117,932 $4,717 $122,649
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 $2,888,523 $2,758,830 $2,482,962 $129,693
2022 $2,507,634 $2,400,280 $2,143,858 $107,354
2021 $1,912,416 $2,214,104 $1,464,761 $-301,688
2020 $2,227,964 $2,173,521 $2,227,154 $54,443
2019 $2,908,041 $3,132,563 $2,160,231 $-224,522
2018 $2,528,914 $2,598,054 $2,422,978 $-69,140
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