EASTERN CLAIMS CONFERENCE ASSOCIATION INC

EIN: 208483688 Community Improvement

GLENDALE, NY

Total Revenue
$100,832
Total Expenses
$109,253
Total Assets
$114,070
Net Assets
$114,070
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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
2007
Legal Domicile
NY
Principal Officer
ARLENE WALSH
Phone
7323321700
Tax Period
2024-02-01 to 2025-01-31

EASTERN CLAIMS CONFERENCE ASSOCIATION INC, founded in 2007, is a small nonprofit in the Community Improvement sector that reported $101K in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring.

Mission

FOR THE MUTUAL ADVANCEMENT OF THE INTEREST OF ITS MEMBERS AND TO CONSIDER AND DEAL WITH COMMON INDUSTRY PROBLEMS. THESE AIMS ARE ACHIEVED BY HOLDING AN ANNUAL MEETING CONVENTION. THE CONVENTION IS A VENUE TO FOSTER,SHARE INFORMATION & IDEAS, SUPPORT, INTERACT, GAIN KNOWLEDGE, ENHANCE SKILLS, AND DEVELOP BUSINESS RELATIONSHIPS, IN THE LIFE, HEALTH, AND DISABILTY INSURANCE INDUSTRIES. IT PROVIDES MEMBERS WITH THE LATEST INFORMATION CONCERNING TOPICAL ISSUES THAT IMPACT THE PUBLIC AND INSURANCE COMPANIES IN THEIR WORLD TODAY, AND WHAT EXPECTATIONS THERE ARE IN THE FUTURE. INSURANCE EXPERTS MAKE THEMSELVES AVAILABLE TO MEMBERS OF THE ORGANIZATION DURING THE COURSE OF THE YEAR TO ASSIST HANDLING CHALLENGES, AND QUESTIONS THAT CONCERN VARIOUS FORMS OF INSURANCE AVAILABLE IN TODAY'S COMPLEX SOCIETY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $100,804
Investment Income $28
Other Revenue $0
TOTAL REVENUE $100,832

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $109,253
TOTAL EXPENSES $109,253

Year-over-Year Comparison

2024 2023 Change
Revenue $100,832 $157,392 -0.4%
Expenses $109,253 $95,369 +0.1%
Net Income $-8,421 $62,023 -1.1%
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
10
Independent Members
10
Employees
N/A
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
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LORI COHEN ASST SECRETA N/A
Officer Director
$0 $0 $0
DONNA CONTICCHIO SECRETARY N/A
Director
$0 $0 $0
KEVIN GLASGOW DIRECTOR N/A
Director
$0 $0 $0
JOHN HOFFMAN ASST TREASUR N/A
Director
$0 $0 $0
ROBERT G MUNDER DIRECTOR N/A
Director
$0 $0 $0
ELENI PITARDIS DIRECTOR N/A
Director
$0 $0 $0
MAUREEN RENSON DIRECTOR N/A
Director
$0 $0 $0
DANIEL MAGUIRE VICE PRES. N/A
Officer
$0 $0 $0
CHRISTINE PRUTTING CHAIRMAN OF N/A
Officer
$0 $0 $0
ARLENE WALSH TREASURER N/A
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
2025 $100,832 $109,253 $114,070 $-8,421
2024 $157,392 $95,369 $122,491 $62,023
2023 $34,877 $11,063 $60,468 $23,814
2022 $37,243 $19,022 $36,654 $18,221
2021 $68,123 $136,080 $18,433 $-67,957
2020 $128,918 $110,229 $86,390 $18,689
2019 $140,108 $134,930 $67,701 $5,178
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