2023-10-16T14:04:17-04:00 2022-12-31 112459188 CULLEN & DANOWSKI LLP 1650 ROUTE 112 PORT JEFFERSON STA NY 117763060 990 2022-01-01 111524087 LONG ISLAND BUILDERS INSTITUTE INC LONG 6312322345 1757-8 VETERANS MEMORIAL HIGHWAY ISLANDIA NY 11749 MICHAEL FLORIO CEO 6312322345 2023-08-16 MICHAEL FLORIO 999009999 false JAMES DANOWSKI CPA P00036673 6314733400 2023-08-16 2022 2023-04-26 12:10:37Z MICHAEL FLORIO 1757-8 VETERANS MEMORIAL HIGHWAY ISLANDIA NY 11749 1990590 false X WWW.LIBI.ORG X 1941 NY TRADE ORGANIZATION SERVING THE NEEDS OF THE BUILDING INDUSTRY ON LONG ISLAND. 52 52 9 30 193105 82340 0 1439810 1625227 2941 380 127352 104750 1652443 1730357 0 0 828719 906087 0 0 793746 1006521 1622465 1912608 29978 -182251 791681 870852 198840 460262 592841 410590 X THE LONG ISLAND BUILDERS INSTITUTE, FORMED IN 1941, IS AN ASSOCIATION OF BUILDING INDUSTRY PROFESSIONALS WHO ARE DEDICATED TO MAKING LONG ISLAND A BETTER PLACE TO LIVE AND WORK BY CREATING A BALANCE BETWEEN THE ECONOMY, THE ENVIRONMENT, AND THE ACHIEVEMENT OF THE AMERICAN DREAM OF HOME OWNERSHIP IN ALL OF OUR COMMUNITIES. false false GENERAL MEMBERSHIP MEETINGS - TO PROVIDE OPPORTUNITIES FOR THE MEMBERS TO EXCHANGE VIEWS AND INFORMATION ABOUT BUILDING AND RELATED INDUSTRIES. ON AVERAGE 150 MEMBERS ATTEND EACH MEETING. WORKERS COMPENSATION INSURANCE PROGRAM - TO PROVIDE WORKERS COMPENSATION INSURANCE COVERAGE ON A GROUP BASIS. INCOME IS CONSIDERED TO BE UNRELATED BUSINESS TAXABLE INCOME AND IS REPORTED ON FORM 990-T. false false false true false false false false false true false false false true true true false false false false false false false true false false false false true false false false false false false false false false false false true false false true 6 0 true 9 true true true false false false false false false false X 52 52 false false false false true true true true true false false true true false true true true true true true true X MICHAEL FLORIO 6312322345 1757-8 VETERANS HIGHWAY ISLANDIA NY 11749 X JIM COUGHLAN CHAIRMAN OF X 0 0 0 STEVEN KRIEGER PRESIDENT 5.00 X 0 0 0 VINCENT CALVOSA VICE PRESIDE 5.00 X 0 0 0 NICK DALVANO VICE PRESIDE 5.00 X 0 0 0 MARTIN DETTLING TREASURER 5.00 X 0 0 0 ANTHONY BARTONE SECRETARY 5.00 X 0 0 0 MITCHELL PALLY CEO 40.00 X 410000 0 23246 LOIS FRICKE OPERATIONS D 40.00 X 166000 0 21099 576000 44345 2 true true false MEMBERSHIP DUES 786579 786579 MEMBERSHIP MEETINGS 624746 624746 INSURANCE INCOME 524298 193105 193105 OTHER PROGRAM REVENUE 20797 20797 1625227 380 380 364983 260233 104750 1730357 1432122 193105 380 410000 410000 370192 370192 25252 25252 60317 60317 40326 40326 15718 15718 14862 14862 23595 23595 28021 28021 84716 84716 9593 9593 DUES 362672 362672 MEMBERSHIP MEETINGS 141224 141224 OTHER PROGRAM EXPENSES 78577 78577 PUBLIC RELATIONS 64126 64126 183417 36436 146981 1912608 618909 1293699 0 171608 168309 535154 412479 57149 47385 7874 12352 557012 326685 19896 230327 791681 870852 48840 117015 16923 150000 150000 176324 198840 460262 X 592841 410590 592841 410590 791681 870852 -182251 X false true X true false false false false 786579 6378 6378 16149 2091 14058 281523 241578 39945 54003 LEASES PAYABLE 176324 176324 X 1730357 1730357 1730357 1912608 1912608 1912608 SCHEDULE D, PAGE 3, PART X LIBI HAS NOT TAKEN AN UNSUBSTANTIATED TAX POSITION THAT WOULD REQUIRE PROVISION OF A LIABILITY UNDER FINANCIAL ACCOUNTING STANDARDS BOARD(FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10(FORMERLY FIN INTERPRETATION NO. 48), "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES". UNDER ASC 740- 10, AN ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH TAX POSITIONS TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE-LIKELY-THAN-NOT THAT THE POSITION WILL BE SUSTAINED. LIBI DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, HAS NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. GOLF OUTING 263389 263389 138993 DINNER DANCE 57904 57904 63806 1 40410 40410 57434 361703 361703 260233 260233 101470 X X false false false MITCHELL PALLY CEO 410000 23246 433246 LOIS FRICKE OPERATIONS DIRECTOR 166000 21099 187099 FORM 990 - ORGANIZATION'S MISSION THE LONG ISLAND BUILDERS INSTITUTE, FORMED IN 1941, IS AN ASSOCIATION OF BUILDING INDUSTRY PROFESSIONALS WHO ARE DEDICATED TO MAKING LONG ISLAND A BETTER PLACE TO LIVE AND WORK BY CREATING A BALANCE BETWEEN THE ECONOMY, THE ENVIRONMENT, AND THE ACHIEVEMENT OF THE AMERICAN DREAM OF HOME OWNERSHIP IN ALL OF OUR COMMUNITIES. FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION IS A MEMBERSHIP ORGANIZATION THAT ELECTS MEMBERS TO THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 7A THE ORGANIZATION IS A MEMBERSHIP ORGANIZATION THAT ELECTS MEMBERS TO THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 7B MEMBERS OF THE ORGANIZATION VOTE TO ELECT THE MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 11B SENT TO THE BOARD FOR REVIEW. ONCE APPROVED, IT IS THEN SENT FOR SIGNATURE AND FILING. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION MAINTAINS A CONFLICT OF INTEREST POLICY IN THE POLICIES AND PROCEDURES MANUAL. ALL EMPLOYEES ARE URGED TO KEEP AN OPEN COMMUNICATION WITH MANAGEMENT REGARDING ANY ISSUES THAT MAY ARISE. FORM 990, PAGE 6, PART VI, LINE 15A ALL SALARY RAISES ARE BASED ON COST OF PERCENTAGE LIVING INCREASE AND ARE BOARD APPROVED ANNUALLY AT THE BUDGET MEETING. FORM 990, PAGE 6, PART VI, LINE 15B ALL SALARY RAISES ARE BASED ON COST OF PERCENTAGE LIVING INCREASE AND ARE BOARD APPROVED ANNUALLY AT THE BUDGET MEETING. FORM 990, PAGE 6, PART VI, LINE 19 UPON REQUEST. LONG ISLAND HOME BUILDERS CARE 1757-8 VETERANS HIGHWAY ISLANDIA NY 11749 113634550 SCHOLARSHI NY 501C3 10 N/A false LONG ISLAND BUILDERS PAC 1757-8 VETERANS HIGHWAY ISLANDIA NY 11749 912084134 POLITCAL A NY 527 N/A false LONG ISLAND BUILDERS CARE DEVELOPMENT CORP 1757-8 VETERANS HIGHWAY ISLANDIA NY 11749 273836580 HOUSING AS NY 501C3 10 N/A false false false false false false false false false false false false false false false false false false false false