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EIN 11-1524087

Long Island Builders Institute (LIBI)

IRS 501(c) type
501(c)(6)
Num. employees
10
City
Islandia
State
New York
Year formed
1941
Most recent tax filings
2023-12-01
NTEE code, primary
S41: Promotion of Business
Description
LIBI is dedicated to making Long Island a better place to live and work, by creating a balance between the economy, the environment and development opportunities for all our communities and our residents.
Total revenues
$1,943,202
2023
Total expenses
$1,991,135
2023
Total assets
$631,218
2023
Num. employees
10
2023

Program areas at LIBI

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.

Personnel at LIBI

NameTitleCompensation
Michael FlorioChief Executive Officer
Lois FrickeOperations Director$166,000
Mitchell PallyPast Chief Executive Officer$375,000
Vincent CalvosaChairman$0
Anthony BartoneVice President$0
...and 12 more key personnel

Financials for LIBI

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$1,917,667
Investment income and dividends$6,774
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$18,761
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,943,202

Form 990s for LIBI

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-16990View PDF
2021-122022-06-23990View PDF
2020-122021-09-29990View PDF
2019-122021-06-07990View PDF
2018-122020-01-23990View PDF
...and 9 more Form 990s
Data update history
November 14, 2024
Updated personnel
Identified 1 new personnel
September 21, 2024
Updated personnel
Identified 2 new personnel
November 29, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 11, 2023
Updated personnel
Identified 16 new personnel
July 13, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Trade associationsBusiness and community development organizationsHeadquarter / parent organizations
Issues
Business and industry
Characteristics
MembershipsFundraising eventsState / local levelManagement and technical assistanceFundraising races, competitions, and tournamentsRelated 527
General information
Address
1757-8 Veterans Memorial Hwy
Islandia, NY 11749
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Suffolk County, NY
Website URL
libi.org/ 
Phone
(631) 232-2345
Facebook page
long-island-builders-institute 
IRS details
EIN
11-1524087
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1941
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
813910: Trade Associations
Parent/child status
Central organization
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