Overview
What is New York State Land Title Association Inc?
The New York State Land Title Association Inc is a not-for-profit organization located in New York City, specifically at 120 Broadway Suite 945. Their primary mission is to safeguard the interests of individuals involved in real estate transactions, including abstracting, examining, and insuring titles. They actively engage in lobbying and legislative advocacy, monitoring state and local government legislation and regulations. The Association reviews bills that may impact the title industry and its consumers, issuing memoranda to inform legislators about these issues. Additionally, the Association maintains regular communication with the State Insurance Department to address title insurance concerns and serve as a reliable source of expertise and opinion. The Association has a modest staff of two dedicated individuals committed to advancing these objectives.
Official website here: www.nyslta.org
Is New York State Land Title Association Inc legitimate?
New York State Land Title Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. New York State Land Title 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: $166,700
Professional Fundraising Fees: $0
Other Salaries and Wages: $102,466
For more financial information, click here
Official website here: www.nyslta.org
What is the mission statement of New York State Land Title Association Inc?
The New York State Land Title Association Inc serves as a not-for-profit membership association, advocating for the common interests of individuals engaged in the business of abstracting, examining, and insuring titles, as well as facilitating real estate transactions and interests. Its mission includes actively monitoring legislation and pending regulations by state and local governments, reviewing bills that may impact the title insurance industry, and issuing memoranda to inform and influence legislators. The association also meets regularly with the state insurance department to address title insurance issues and serve as an expert source of information and opinion. In doing so, it aims to protect the interests of the title industry and consumers.
Official website here: www.nyslta.org
Who is the CEO of New York State Land Title Association Inc?
Eric Swarthout is the President of New York State Land Title Association Inc.
Official website here: www.nyslta.org
What is the revenue of New York State Land Title Association Inc?
New York State Land Title Association Inc's revenue in 2022 was $1,015,325.
Official website here: www.nyslta.org
Who are the executives of New York State Land Title Association Inc and what are their salaries?
The average compensation at New York State Land Title Association Inc during 2022 was $134,583. There are 2 employees at New York State Land Title Association Inc.
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Official website here: www.nyslta.org
Where can I find the form 990 for New York State Land Title Association Inc?
New York State Land Title Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nyslta.org
Learn more at the official website: www.nyslta.org
Mission Statement of New York State Land Title Association Inc
The New York State Land Title Association Inc, as a not-for-profit membership organization, is dedicated to promoting the common interests of individuals involved in the business of abstracting, examining, and insuring titles, as well as facilitating real estate transactions and related interests. Their mission is to serve as an advocate for the title industry and consumers, monitoring state and local legislation and regulations, and actively engaging with the State Insurance Department to address title insurance issues. The Association also functions as an expert source of information and opinion on title insurance matters, issuing memos to inform and guide members of the Assembly and Senate, thereby encouraging support for the best interests of the title industry and consumers.
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Impact
October, 2024
The New York State Land Title Association Inc plays a crucial role in supporting the title insurance industry and facilitating real estate transactions across the state. By actively lobbying and engaging in legislative advocacy, the organization ensures that the voices of professionals involved in abstracting, examining, and insuring titles are heard in both state and local government discussions.
Through vigilant monitoring of legislation, the association assesses bills that could impact title insurance and its related concerns. When necessary, it issues memoranda to inform lawmakers of the implications of proposed regulations, advocating for policies that benefit not only industry participants but also consumers relying on these services.
Moreover, the association regularly collaborates with the state insurance department, positioning itself as a trusted source of expertise on title insurance matters. This engagement fosters a better understanding of the industry, encourages best practices, and ultimately contributes to a more stable and efficient real estate market in New York. By advancing the common interests of its members, the New York State Land Title Association Inc significantly enhances the framework within which real estate transactions are conducted, furthering community improvement and supporting economic growth.
This information is meant to be a general summary of New York State Land Title 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,246
- Program Service Revenue: $111,075
- Gross Receipts: $1,015,325
Assets and Liabilities:
- Total Assets: $1,638,428
- Total Liabilities: $284,511
- Net Assets: $1,353,917
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATION
Revenue
$111,075
Organization Details
Founding Year
1993
Phone
(212) 964-3701Principal Officer
Eric Swarthout
Main Address
120 BROADWAY SUITE 945, NEW YORK, NY, 10271
Website
www.nyslta.orgNTEE Category
Code: S47 - Community improvement
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