Long Island Contractors Association Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 116011736 ✦ Melville, NY ✦ Designated as a 501(c)(6)

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Overview

What is Long Island Contractors Association Inc?

Long Island Contractors Association Inc, situated in Melville, New York, is a nonprofit organization that fosters collaborative relationships within the construction industry. Quarterly meetings are held to encourage harmony between general contractors and their industry associates. The primary objective of this association is to serve as a credible assurance to the public, emphasizing the competence, ethics, and reliability of its members. With a workforce of five individuals, the Long Island Contractors Association Inc plays a significant role in upholding professional standards within the construction sector.


Official website here: www.licanys.org

Is Long Island Contractors Association Inc legitimate?

Long Island Contractors Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Long Island Contractors Association 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: $217,086
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,592

For more financial information, click here


Official website here: www.licanys.org

What is the mission statement of Long Island Contractors Association Inc?

The Long Island Contractors Association Inc's mission is aimed at providing a reasonable assurance to the public regarding the skill, integrity, and responsibility of its members. By becoming a member, contractors are perceived as upholding these values, thereby fostering trust and cooperation within the construction industry. The association organizes quarterly meetings and conventions to encourage more amiable and collaborative relationships between general contractors and their industry associates.


Official website here: www.licanys.org

Who is the CEO of Long Island Contractors Association Inc?

Marc Herbst is the Chairman of Long Island Contractors Association Inc.


Official website here: www.licanys.org

What is the revenue of Long Island Contractors Association Inc?

Long Island Contractors Association Inc's revenue in 2022 was $435,845.


Official website here: www.licanys.org

Who are the executives of Long Island Contractors Association Inc and what are their salaries?

The average compensation at Long Island Contractors Association Inc during 2022 was $47,536. There are 5 employees and 9 volunteers at Long Island Contractors Association Inc.


Here are 11 key members and their salaries:


James Pratt Iii (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Farino (Secretary & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Haney Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Golden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph K Posillico (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Scalamandre (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Beyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samantha Ruttura (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Haugland Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Herbst (Executive Director)
  • Compensation: $141,742
  • Related: $141,742
  • Other: $83,389
Sheryl Buro (Deputy Executive Director/)
  • Compensation: $23,776
  • Related: $71,329
  • Other: $41,796


Official website here: www.licanys.org

Where can I find the form 990 for Long Island Contractors Association Inc?

Long Island Contractors Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.licanys.org

Learn more at the official website: www.licanys.org

Mission Statement of Long Island Contractors Association Inc

Long Island Contractors Association Inc aims to establish membership as a reliable indication of competence, ethics, and reliability among its members. By joining this association, contractors signal to the public that they uphold these essential qualities in their work. The organization facilitates quarterly meetings and events to encourage a more harmonious and cooperative environment between general contractors and their industry partners. This fosters stronger relationships and promotes a more collaborative atmosphere within the construction sector.

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Impact




October, 2024

Long Island Contractors Association Inc plays a crucial role in enhancing the construction industry's quality and integrity on Long Island. By fostering a collaborative environment through quarterly meetings and conventions, the association promotes stronger relationships among general contractors and their professional contacts, ensuring smoother operations and improved communication within the industry.

The association's commitment to upholding high standards of skill, integrity, and responsibility among its members directly benefits the community by assuring the public of the reliability and professionalism of contractors they engage with. This emphasis on ethical practices not only elevates the reputation of the construction industry but also contributes to community improvement by promoting quality workmanship and safe building practices.

In summary, Long Island Contractors Association Inc serves as a vital platform for networking, education, and advocacy, making significant strides towards a more responsible and trustworthy construction environment in the region.




This information is meant to be a general summary of Long Island Contractors Association 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.

Revenue
$435,845 (2022)
Expenses
$830,717 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $229,250
  • Gross Receipts: $648,828

Assets and Liabilities:

  • Total Assets: $452,505
  • Total Liabilities: $4,281,056
  • Net Assets: -$3,828,551

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$229,250

Organization Details

Founding Year

1946

Principal Officer

Marc Herbst

Main Address

48 SOUTH SERVICE ROAD 401, MELVILLE, NY, 11747

NTEE Category

Code: S41 - Community improvement

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