Overview
What is Excess Line Association Of New York?
The Excess Line Association of New York is a nonprofit organization, established by statute in 1988 and operational since 1989. Based in New York City, the association is located at 120 Wall Street, 24th Floor. Its primary mission involves facilitating and encouraging compliance with New York's Excess Line Law. As an industry advisory association, it reviews, records, and stamps excess line insurance documents required under New York's insurance law. The Excess Line Association of New York employs a team of 53 individuals dedicated to ensuring adherence to the excess line regulations.
Official website here: www.elany.org
Is Excess Line Association Of New York legitimate?
Excess Line Association Of New York is a legitimate nonprofit organization registered as a 501(c)(6) entity. Excess Line Association Of New York 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $1,420,843
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,840,490
For more financial information, click here
Official website here: www.elany.org
What is the mission statement of Excess Line Association Of New York?
The Excess Line Association of New York is a non-profit industry advisory organization established by statute in 1988 and commenced operations in 1989. Its primary duty is to promote and encourage adherence to the Excess Line Law. By reviewing, recording, and stamping excess line insurance documents mandated under New York's Insurance Law, the association plays a crucial role in maintaining regulatory compliance.
Official website here: www.elany.org
Who is the CEO of Excess Line Association Of New York?
Janet Pane is the Director of Excess Line Association Of New York.
Official website here: www.elany.org
What is the revenue of Excess Line Association Of New York?
Excess Line Association Of New York's revenue in 2022 was $13,861,603.
Official website here: www.elany.org
Who are the executives of Excess Line Association Of New York and what are their salaries?
The average compensation at Excess Line Association Of New York during 2022 was $80,403. There are 53 employees and 10 volunteers at Excess Line Association Of New York.
Here are 19 key members and their salaries:
- Daniel F Maher (Executive Director)
- Brian Persaud (Dir Of Information Technology)
- Howard Greene - Dir Of Govt (Affairs & Strategic Initiatives)
- Benedict Bardeguez (Pc Analyst/Helpdesk)
- Theresa Hetherington (Stamping Office Manager)
- Ivan Rodriguez (Pc Analyst/Helpdesk)
- Adriane Bringe (Accounting Manager)
- Alex Sarfo (Financial Director)
- Beth Pfluger Torres (Assistant Stamping Office Manager)
- Nancy Born (Cao & Director Of Operation)
- Joseph F Caligiuri (Director)
- Gary Hollederer (Director)
- Donald Privett (Director)
- Robert Shapiro (Director)
- James Richardson (Immediate Past Chairman) [Trustee/Director]
- Eric Keller (Chairman) [Trustee/Director]
- Michael Blackshear (Vice Chairman) [Trustee/Director]
- John A Buckley (Treasurer) [Trustee/Director]
- Lance Becker (Secretary) [Trustee/Director]
Official website here: www.elany.org
Where can I find the form 990 for Excess Line Association Of New York?
The Excess Line Association Of New York’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.elany.org
Learn more at the official website: www.elany.org
Mission Statement of Excess Line Association Of New York
The Excess Line Association of New York, or ELANY, is a non-profit industry advisory association established by statute in 1988 and commenced operations in 1989. This organization holds the important duty to facilitate and encourage compliance with New York's Excess Line Law. ELANY's primary role is to review, record, and stamp excess line insurance documents required to be submitted under New York's Insurance Law. In essence, the Excess Line Association of New York acts as a regulatory body, ensuring that excess line insurance transactions adhere to the guidelines set forth in the law. By carrying out this mission, ELANY plays a crucial role in maintaining the integrity of the excess line insurance industry within the state.
Impact
This information is meant to be a general summary of Excess Line Association Of New York. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Excess Line Association of New York plays a crucial role in the insurance industry by facilitating and encouraging compliance with the Excess Line Law. It reviews, records, and stamps excess line insurance documents as required by New York's Insurance Law. This ensures that insurance transactions comply with regulations and helps maintain the integrity of the insurance market in New York.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STAMPING FEES
Revenue
$13,489,168
Organization Details
Founding Year
1988
Phone
(646) 292-5575
Principal Officer
Janet Pane
Main Address
120 WALL STREET 24TH FLOOR, NEW YORK, NY, 10005
Website
www.elany.org
NTEE Category
Code: Y20 - Mutual benefit
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