2025-07-29T11:13:55-05:00 2024-12-31 141442607 BST & CO CPAS LLP 10 BRITISH AMERICAN BLVD LATHAM NY 12110 990 2024-01-01 222235025 PUBLIC POLICY INSTITUTE OF NEW YORK STATE INC PUBL 5184657511 12 CORPORATE WOODS BLVD 17 ALBANY NY 12211 HEATHER C MULLIGAN PRESIDENT & CEO 5184657511 2025-07-29 1 0 JEREMY COLE P00436330 5184596700 2025-07-10 2024 2025-03-06 01:10:19Z HEATHER C MULLIGAN 111 WASHINGTON AVENUE ALBANY NY 12210 253564 0 X WWW.PPINYS.ORG X 1977 NY NONPARTISAN RESEARCH ON GOVERNMENT & ECONOMIC ISSUES PERTAINING TO NYS WHICH ARE OF INTEREST TO BUSINESS, LABOR, & THE GENERAL PUBLIC. 7 5 0 5 0 0 1724297 253564 0 0 0 0 0 0 1724297 253564 0 0 0 0 21259 80118 0 0 0 1628323 147431 1649582 227549 74715 26015 247441 283742 91243 101529 156198 182213 X THE INSTITUTE CONDUCTS NON-PARTISAN RESEARCH INTO NYS GOVERNMENTAL AND ECONOMIC ISSUES OF INTEREST TO BUSINESS, LABOR AND THE GENERAL PUBLIC. 0 0 61539 THE NEW YORK BUSINESS DEFENSE FUND (NYBDF) IS THE LEGAL ARM OF PPI, CHALLENGING FEDERAL, STATE AND LOCAL GOVERNMENT REGULATORY OVERREACH AND UNCONSTITUTIONAL LEGISLATION. THE NYBDF WORKS TO ENSURE THE LEGISLATIVE CLIMATE PROMOTES ECONOMIC GROWTH FOR NEW YORK BUSINESSES. 53788 PPI PARTNERED WITH THE NYS ECONOMIC DEVELOPMENT COUNCIL ON A COMPETITIVENESS PROJECT. THE GOAL OF THE PROJECT IS TO MAKE NEW YORK MORE AFFORDABLE, REVERSE OUTMIGRATION, AND SUPPORT ECONOMIC GROWTH AND OPPORTUNITY. AN ECONOMIST WAS HIRED TO PUT TOGETHER THE DATA AND ASSEMBLE RECOMMENDATIONS, WITH INPUT FROM STAKEHOLDERS, PARTNER ORGANIZATIONS (CHAMBERS, IDAS, TRADE ASSOCIATIONS) AND SELECTED INVESTORS. SIGNIFICANT FUNDRAISING WAS DONE TO SUPPORT THE PROJECT AND THE MARKETING OF FINAL RECOMMENDATIONS. 34028 PPI RECRUITES EMPLOYER PARTNERS AND PROVIDES TECHNICAL SUPPORT, PROFESSIONAL DEVELOPMENT, TRAINING AND MENTORING TO THE PLANNING AND STEERING COMMITTEE FOR THE 59 P-TECH 9-14 SCHOOLS IN NEW YORK. THESE SCHOOLS ARE IMPLEMENTING AN INNOVATIVE MODEL TO PREPARE TEENAGERS TO COMPLETE THEIR HIGH SCHOOL DIPLOMAS, AN AAS DEGREE AND WORKPLACE PREPARATION FOR AN ENTRY LEVEL JOB INTO A MIDDLE CLASS CAREER. THE SCHOOLS ARE PARTNERED WITH 41 COLLEGES AND UNIVERSITIES, LOCATED IN 9 OF THE 10 ECONOMIC REGIONS THROUGHOUT THE STATE, AND SERVE OVER 7,500 STUDENTS. 15000 AS SERIOUS DISCUSSIONS, BOTH FEDERALLY AND IN NEW YORK STATE, BEGAN ON BANNING THE USE OF NONCOMPETE AGREEMENTS, PPI CREATED A PUBLIC EDUCATION CAMPAIGN TO DISCUSS THE ECONOMIC DANGERS FOR NEW YORK STATE IF NONCOMPETE AGREEMENTS WERE BANNED. THIS EDUCATION CAMPAIGN WAS DESIGNED SOLELY TO EDUCATE THE PUBLIC AND DISCUSS THE ECONOMIC IMPACT THAT BANNING NONCOMPETE AGREEMENTS WOULD HAVE ON THE NEW YORK ECONOMY. THE CAMPAIGN TARGETED THE GENERAL PUBLIC AS TO THE DANGERS AND SOUGHT TO PROVIDE A BETTER UNDERSTANDING THROUGH PUBLIC OUTREACH AND INFORMATION THAT WAS PROVIDED ON A DEDICATED WEBSITE. 28880 PPI PARTNERED WITH THE U.S. CHAMBER OF COMMERCE FOUNDATION AND FOUR LOCAL CHAMBERS OF COMMERCE ACROSS NEW YORK STATE TO HOST A FIRST-OF-ITS-KIND STATEWIDE CIVICS BEE COMPETITION. MODELED ON TRADITIONAL SPELLING AND GEOGRAPHY BEES, THE COMPETITION GIVES STUDENTS THE CHANCE TO WIN RECOGNITION AND EARN CASH PRIZES BY SHARING IDEAS FOR IMPROVING THEIR COMMUNITIES AND SHOWING THEIR ENTHUSIASM FOR CIVICS. THE WINNER OF THE NATIONAL CIVICS BEE NEW YORK STATE FINALS WILL BE INVITED TO WASHINGTON D.C. TO COMPETE IN THE INAUGURAL NATIONAL CIVICS BEE NATIONAL CHAMPIONSHIP. 43880 193235 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X SUZANNE M JENSEN CPA 5184657511 12 CORPORATE WOODS BLVD SUITE 17 ALBANY NY 12211 HEATHER C MULLIGAN PRESIDENT & CEO 1.50 37.25 X X 13999 452646 28163 SHEILA APPEL TRUSTEE 0.25 X 0 0 0 DAWN BURLEW TRUSTEE 0.25 X 0 0 0 DR KELLY CHEZUM TRUSTEE 0.25 X 0 0 0 JAMES W KINNEAR TRUSTEE 0.25 X 0 0 0 ANNA MARIA MARITATO CHAIR 0.50 X X 0 0 0 KENNETH J POKALSKY TRUSTEE 0.25 36.50 X 2383 235940 24787 SUZANNE M JENSEN CPA CFO 1.00 35.25 X 0 214928 16471 16382 903514 69421 0 0 1 0 0 253564 253564 253564 0 0 0 X 17475 15760 1715 45653 40873 4780 10397 10397 6593 4873 1720 8966 8966 11000 11000 100736 80336 20400 63 39 24 729 729 6104 5890 214 1231 1231 11355 11355 3703 3703 MISCELLANEOUS 3544 2515 1029 227549 193235 34314 0 247441 231242 52500 1711 1711 0 0 247441 283742 54540 94764 36703 6765 91243 101529 X 42091 62500 114107 119713 156198 182213 247441 283742 26015 0 X 1 X 0 1 0 X 248396 169368 36977 1724297 253564 2432602 248396 169368 36977 1724297 253564 2432602 1751669 680933 2432602 0.27990 0.20980 X PPI'S FUNDRAISING PROGRAM:PPI RECEIVES SUPPORT FROM VARIOUS SOURCES OF THE PUBLIC, PRIMARILY FROM DONORS IN NEW YORK STATE BUT ALSO FROM DONORS THROUGHOUT THE UNITED STATES. PPI'S PRIMARY TARGETS FOR FUNDRAISING INCLUDE ECONOMIC DEVELOPMENT COUNCILS, INDUSTRIAL DEVELOPMENT AGENCIES, BUSINESS COUNCILS, CHAMBERS OF COMMERCE, AND SOME RENOWNED CORPORATIONS. PPI WILL CONTINUE TO SOLICIT FUNDS FROM THESE ORGANIZATIONS VIA ITS BUSINESS DEFENSE LEGAL CENTER, ECONOMIC BLUEPRINT, P-TECH PROGRAM, AND CIVICS BEE SPONSORSHIPS. PPI HAS MAINTAINED AN ACTIVE PRESENCE IN THE GENERAL PUBLIC THROUGH BUSINESS, LABOR, LEGISLATIVE, AND ACADEMIC COMMUNITIES WITH THE GOAL OF INCREASING DONATIONS. PPI WILL CONTINUE TO ENHANCE AND GROW ITS FUNDRAISING EFFORTS IN A VARIETY OF WAYS AS THE ORGANIZATION LOOKS TO THE FUTURE. PPI IS THE RECIPIENT OF A GRANT FROM HSBC, AND ACTIVELY UNDERTAKES SOLICITATION OF FUNDING FROM VARIOUS AGENCIES, COUNCILS, CHAMBERS, PARTNERSHIPS AND CORPORATIONS.PPI IS PUBLICLY SUPPORTED:PPI RAISED OVER $250,000 FROM PRIVATE SOURCES DURING 2024, REFLECTING ITS TOTAL REVENUE RAISED. PPI RECEIVED A GRANT FROM A FINANCIAL SERVICES COMPANY (HSBC) AS WELL AS ADDITIONAL CONTRIBUTIONS AND SPONSORSHIPS FROM VARIOUS ORGANIZATIONS. AS DISCUSSED PREVIOUSLY, PPI WILL CONTINUE TO ENHANCE AND GROW ITS FUNDRAISING EFFORTS IN THE FUTURE WITH THE GOAL OF INCREASING REVENUE FROM PRIVATE SECTOR SOURCES.THE NEW YORK BUSINESS DEFENSE FUND (NYBDF) IS THE LEGAL ARM OF PPI, CHALLENGING FEDERAL, STATE, AND LOCAL GOVERNMENT REGULATORY OVERREACH AND UNCONSTITUTIONAL LEGISLATION. THE NYBDF WORKS TO ENSURE THE LEGISLATIVE CLIMATE PROMOTES ECONOMIC GROWTH FOR NEW YORK BUSINESSES.SOME RENOWNED COMPANIES SUPPORT PPI'S PARTNERED CIVICS BEE COMPETITION, INCLUDING MCDONALD'S AND KINDER MORGAN.PPI ENJOYS THE REGULAR MONETARY AND OTHER SUPPORT FROM VARIOUS STATE AND COUNTY ORGANIZATIONS AS WELL AS ADDITIONAL COMPANIES INCLUDING THE AMERICAN CHEMISTRY COUNCIL (APPROXIMATELY 12% OF ITS TOTAL REVENUE AND SUPPORT FOR 2024) AND PFIZER.DUE TO COMMON MANAGEMENT, PPI IS AN AFFILIATE OF THE BUSINESS COUNCIL OF NEW YORK STATE, INC. (COUNCIL), ALSO A NEW YORK NOT-FOR-PROFIT CORPORATION. PER PPI'S AGREEMENT WITH THE COUNCIL, THE COUNCIL PROVIDES ADMINISTRATIVE SERVICES TO PPI AT THE COUNCIL'S COST. THESE COSTS ARE INCLUDED IN THE STATEMENTS OF FUNCTIONAL EXPENSES WITH A PORTION ALLOCATED TO PPI'S PROGRAMS.PPI PARTNERED WITH THE NYS ECONOMIC DEVELOPMENT COUNCIL ON A COMPETITIVENESS PROJECT. THE GOAL OF THE PROJECT IS TO MAKE NEW YORK MORE AFFORDABLE, REVERSE OUTMIGRATION, AND SUPPORT ECONOMIC GROWTH AND OPPORTUNITY. AN ECONOMIST WAS HIRED TO PUT TOGETHER THE DATA AND ASSEMBLE RECOMMENDATIONS, WITH INPUT FROM STAKEHOLDERS, PARTNER ORGANIZATIONS (CHAMBERS, IDAS, TRADE ASSOCIATIONS) AND SELECTED INVESTORS. SIGNIFICANT FUNDRAISING WAS DONE TO SUPPORT THE PROJECT AND THE MARKETING OF FINAL RECOMMENDATIONS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1711 1711 0 0 X PART X, LINE 2: PPI FILES FORM 990 ANNUALLY WITH THE INTERNAL REVENUE SERVICE. WHEN ANNUAL RETURNS ARE FILED, SOME TAX POSITIONS TAKEN ARE HIGHLY CERTAIN TO BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHER TAX POSITIONS ARE SUBJECT TO UNCERTAINTY ABOUT THE TECHNICAL MERITS OF THE POSITION OR THE AMOUNT OF THE POSITION'S TAX BENEFIT THAT WOULD ULTIMATELY BE SUSTAINED. MANAGEMENT EVALUATED PPI'S TAX POSITIONS, INCLUDING INTEREST AND PENALTIES ATTRIBUTABLE THERETO, AND CONCLUDED THAT PPI HAD TAKEN NO TAX POSITIONS THAT REQUIRED ADJUSTMENT IN ITS FINANCIAL STATEMENTS AS OF DECEMBER 31, 2024 OR 2023. 0 0 0 0 0 0 0 0 0 HEATHER C MULLIGAN PRESIDENT & CEO 13999 452646 0 0 0 0 307 9915 538 17403 14844 479964 0 0 KENNETH J POKALSKY TRUSTEE 2383 235940 0 0 0 0 46 4564 202 19975 2631 260479 0 0 SUZANNE M JENSEN CPA CFO 0 214928 0 0 0 0 0 6539 0 9932 0 231399 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS DISTRIBUTED TO THE BOARD MEMBERS AND REVIEWED BY THE TREASURER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES AND MEMBERS OF THE BOARD OF DIRECTORS RECERTIFY THEIR UNDERSTANDING AND ACCEPTANCE OF THE POLICY EACH YEAR BY SUBMITTING A NEW SIGNED ACKNOWLEDGEMENT OF THE POLICY EVERY JANUARY. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY IS OPEN TO THE PUBLIC UPON REQUEST. THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 80,336. MANAGEMENT AND GENERAL EXPENSES 20,400. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 100,736. BUSINESS COUNCIL OF NEW YORK STATE INC 12 CORPORATE WOODS BLVD BLDG 17 ALBANY NY 12211 141401680 CREATING ECONOMIC GROWTH AND STRONG COMMUNITIES ACROSS NEW YORK STATE. NY 501(C)6 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 BUSINESS COUNCIL OF NEW YORK STATE INC O 80117 ALLOCATION