NEW YORK OIL HEATING ASSOCIATION INC

EIN: 135668120

HAUPPAUGE, NY

Total Revenue
N/A
Total Expenses
N/A
Total Assets
N/A
Net Assets
N/A
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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
1939
Legal Domicile
NY
Principal Officer
ROCCO J LACERTOSA
Phone
2126951380
Tax Period
2020-01-01 to 2020-12-31

Mission

THE PRIMARY FUNCTION OF THE ASSOCIATION IS TO PROVIDE, AT ALL TIMES, ADEQUATE REPRESENTATION OF ITS MEMBERS WITH OTHER BRANCHES OF THE INDUSTRY AND GOVERNMENT, AND TO ASSIST ITS MEMBERS IN THE SOLUTION OF THEIR BUSINESS PROBLEMS.

Program Service Accomplishments

Program 1

THE NEW YORK OIL HEATING ASSOCIATION (NYOHA) REACHES OUT TO METROPOLITAN AREA REAL ESTATE PROFESSIONALS THROUGH THE NEW YORK BIOHEAT-REALTY PARTNERSHIP PROGRAM. NYOHA'S GOAL IS TO EQUIP AGENTS...

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THE NEW YORK OIL HEATING ASSOCIATION (NYOHA) REACHES OUT TO METROPOLITAN AREA REAL ESTATE PROFESSIONALS THROUGH THE NEW YORK BIOHEAT-REALTY PARTNERSHIP PROGRAM. NYOHA'S GOAL IS TO EQUIP AGENTS, BROKERS AND HOME INSPECTORS WITH ACCURATE INFORMATION THAT THEY CAN SHARE WITH CLIENTS. THROUGH THE REALTY PROGRAM, NYOHA AIMS TO PRESERVE BIOHEAT FUEL MARKET SHARE AND PROMOTE SUCCESSFUL SALES OF BIOHEATED PROPERTIES. IN JANUARY 2020, THE NEW YORK OIL HEATING ASSOCIATION, INC. MERGED WITH THE OIL HEAT INSTITUTE OF LONG ISLAND. AS A RESULT OF THE MERGER, TH COMBINED ORGANIZATION HAS BEEN RENAMED NEW YORK STATE ENERGY COALITION, INC.BIOHEAT FUEL IS THE BEST FUEL FOR HEATING, BUT EVEN INFORMED REAL ESTATE PROFESSIONALS CAN USE HELP. NYOHA WANTS TO RAISE THE LEVEL OF COMFORT WITH BIOHEAT FUEL, SO NYOHA PROVIDES IMPORTANT RESOURCES LIKE ONLINE INFORMATION AND INFORMATIVE BROCHURES. NYOHA ALSO SPONSORS FREE BREAKFAST SEMINARS THAT HELP REALTORS BECOME EFFECTIVE ADVOCATES FOR BIOHEAT FUEL.

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2020 2019 Change
Revenue N/A $495,671 -1.0%
Expenses N/A $591,202 -1.0%
Net Income N/A $-95,531 N/A
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

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Governance

Voting Members
11
Independent Members
11
Employees
1
Volunteers
11

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
4
$178,692
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALLAN COHN DIRECTOR 1.00
Director
$0 $0 $0
ALLISON HEANEY DIRECTOR 1.00
Director
$0 $0 $0
ANTHONY MILANESE DIRECTOR 1.00
Director
$0 $0 $0
CHRISTOPHER FAZIO DIRECTOR 1.00
Director
$0 $0 $0
DANIEL VESSIO DIRECTOR 1.00
Director
$0 $0 $0
DANIEL SCHILDWACHETER III PRESIDENT 1.00
Officer Director
$0 $0 $0
JERRY MCDONOUGH DIRECTOR 1.00
Director
$0 $0 $0
JOHN MCCONVILLE VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
THOMAS FLAHERTY SECRETARY - TREASURER 1.00
Officer Director
$0 $0 $0
VINCENT THEURER DIRECTOR 1.00
Director
$0 $0 $0
VINCENT ALLEGRETTI DIRECTOR 1.00
Director
$0 $0 $0
ROCCO J LACERTOSA CEO 1.00
Officer
$13,347 $18,532 $178,692
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
2020 No data No data No data No data
2020 No data No data No data No data
2019 $495,671 $591,202 $992,987 $-95,531
2018 $544,175 $583,644 $1,092,348 $-39,469
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