Overview
What is Long Island Builders Institute Inc?
Long Island Builders Institute Inc is a nonprofit organization situated in Islania, New York, with a primary focus on serving the needs of the building industry on Long Island. Established in 1941, the institute comprises dedicated professionals dedicated to improving Long Island as a livable and workable area. Their mission is to strike a balance between the economy, the environment, and the realization of the American dream of homeownership in various communities. Regular general membership meetings are organized to facilitate the exchange of views and information about building and related industries, with an average of 150 members participating in each meeting. The organization employs a team of 9 individuals to fulfill its mission.
Official website here: www.libi.org
Is Long Island Builders Institute Inc legitimate?
Long Island Builders Institute Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Long Island Builders Institute Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $370,192
For more financial information, click here
Official website here: www.libi.org
What is the mission statement of Long Island Builders Institute Inc?
The Long Island Builders Institute Inc, established in 1941, is a professional association dedicated to the building industry. Their mission is to enhance the livability and workability of various communities by striking a balance between economic growth, environmental conservation, and promoting the American dream of home ownership. The organization aims to provide a platform for its members to engage in discussions and share information related to the building industry, with an average of 150 members attending each general meeting.
Official website here: www.libi.org
Who is the CEO of Long Island Builders Institute Inc?
Michael Florio is the Chairman Of of Long Island Builders Institute Inc. The CEO's salary of Long Island Builders Institute Inc is $410,000 and their total compensation is $433,246.
Official website here: www.libi.org
What is the revenue of Long Island Builders Institute Inc?
Long Island Builders Institute Inc's revenue in 2022 was $1,730,357.
Official website here: www.libi.org
Who are the executives of Long Island Builders Institute Inc and what are their salaries?
The average compensation at Long Island Builders Institute Inc during 2022 was $41,132. There are 9 employees and 30 volunteers at Long Island Builders Institute Inc.
Here are 8 key members and their salaries (Long Island Builders Institute Inc's CEO's salary is $410,000 and their total compensation is $433,246):
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- Compensation: $410,000
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- Other: $23,246
- Compensation: $166,000
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- Other: $21,099
Official website here: www.libi.org
Where can I find the form 990 for Long Island Builders Institute Inc?
Long Island Builders Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.libi.org
Learn more at the official website: www.libi.org
Mission Statement of Long Island Builders Institute Inc
The Long Island Builders Institute, established in 1941, is a trade organization dedicated to serving the needs of the building industry on Long Island. Its mission is to contribute positively to making Long Island a better place to live and work. The organization achieves this by striking a balance between the economy, the environment, and the realization of the American dream of home ownership in various communities.
To fulfill its mission, the Long Island Builders Institute organizes general membership meetings. These meetings provide a platform for members to engage in discussions and share information about building and related industries. On average, around 150 members participate in each meeting, contributing to a lively exchange of ideas and knowledge within the industry. By fostering these interactions, the Long Island Builders Institute aims to foster a strong and vibrant building industry on Long Island, ultimately enhancing the quality of life for its residents.
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Impact
October, 2024
Long Island Builders Institute Inc significantly impacts the building industry and broader community on Long Island. By serving the needs of industry professionals since 1941, it fosters an environment that encourages collaboration and knowledge sharing among its members. With an average attendance of 150 members at general meetings, the organization provides a vital platform for exchanging views and information, ensuring that professionals are well-informed about industry trends and challenges.
The Institute actively promotes a balanced approach to development, emphasizing the importance of economic growth, environmental sustainability, and the pursuit of homeownership. By encouraging best practices within the building sector, it contributes to community improvement, working towards making Long Island a better place to live and work. Ultimately, the Long Island Builders Institute plays a crucial role in shaping the local landscape, facilitating the achievement of shared goals among its members while enhancing the overall quality of life in the region.
This information is meant to be a general summary of Long Island Builders Institute Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $380
- Program Service Revenue: $1,625,227
- Gross Receipts: $1,990,590
Assets and Liabilities:
- Total Assets: $870,852
- Total Liabilities: $460,262
- Net Assets: $410,590
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$786,579
MEMBERSHIP MEETINGS
Revenue
$624,746
INSURANCE INCOME
Revenue
$193,105
OTHER PROGRAM REVENUE
Revenue
$20,797
Organization Details
Founding Year
1941
Phone
(631) 232-2345Principal Officer
Michael Florio
Main Address
1757-8 VETERANS MEMORIAL HIGHWAY, ISLANDIA, NY, 11749
Website
www.libi.orgNTEE Category
Code: S41 - Community improvement
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