Life Insurance Council of New York Inc logo

Life Insurance Council of New York Inc

501(c)(6) organization Albany, NY EIN: 13-2928479 Website

To create and maintain a legislative, regulatory, and judicial environment in the state of New York that encourages the members of Life Insurance Council of New York (LICONY) to conduct and grow their life insurance business.

Key facts about Life Insurance Council of New York Inc

In short: Life Insurance Council of New York Inc gave $148K across 5 grants in 2025 (avg $30K), mostly in New York. Source: 2025 IRS Form 990.

EIN
13-2928479
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$147,914
Grants made (2025)
5
Average grant
$29,583
Median grant
$30,000
Total assets
$7,515,645
Primary geography
New York (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$7.5M

+6.6% YoY

Annual Giving

$148K

-1.5% YoY

Grant Count

5

+0.0% YoY

Avg Grant Size

$30K

-1.5% YoY

How Life Insurance Council of New York Inc gives

  • Giving held roughly steady from 2022 to 2025 (+5%). Method

From the foundation's IRS Form 990 filings. Methodology.

About Life Insurance Council of New York Inc

Based on IRS filings

Life Insurance Council of New York Inc is a public charity, based in Albany, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $7.5M in total assets. In 2025, it awarded 5 grants totaling $148K. Net investment income was $291K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 5 itemized grants.

States

Cities

AlbanyNew YorkSienaBrooklynMenands

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K2 grants2020 2 grants2021 3 grants2022 3 grants2023 5 grants2024 5 grants2025

From 2020 to 2025, annual grant giving ranged from $73K (2021) to $315K (2020). In 2025 it made 5 grants totaling $148K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

NYS Democratic Assembly Campaign Committee: $45KNYS Democratic AssemblyCampaign Committee$45KNYS Democratic Senate Campaign Committee: $45KNYS Democratic Senate CampaignCommittee$45KSiena College: $30KSiena College$30KSUNY Impact Foundation: $20KSUNY Impact Foundation$20KLife Insurance Council of New York Pac: $8KLife Insurance Council of NewYork Pac$8K

The largest 2025 recipient was NYS Democratic Assembly Campaign Committee ($45K). Together the top 5 received $148K.

Grant Size Distribution

18 grants across all recorded years

13<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 13 grants of 18 (72%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
NYS Democratic Assembly Campaign Committee Albany, NYHousekeeping Account$45,000
NYS Democratic Senate Campaign Committee Albany, NYHousekeeping Account$45,000
Siena College Siena, NYScholarship$30,000
SUNY Impact Foundation New York, NYScholarship$20,000
Life Insurance Council of New York Pac Albany, NYDonation$7,914

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$2M$4M$6M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$7,515,645$7,048,934$6,706,868
Revenue$3,574,508$4,354,777$3,250,712
Expenses$3,621,226$4,051,180$3,546,770
Net Investment Income$290,633$313,377$218,929

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS May 12, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS May 12, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS May 9, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS May 23, 2025)
  6. Added Form 990 for fiscal year 2025 (received by the IRS June 8, 2026)

Leadership & Key People

Officers and directors from IRS filings

Life Insurance Council of New York Inc is led by Richard Loconte, Former President & CEO since 2024 (on filings since 2022); 6 of 21 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Richard Loconte

    Former President & CEO

    President & CEO → Former President & CEO, 2024

    On filings since 2022

    40 hrs/week

    $570K (2022) → $236K (2025)

  • Laura Evangelista

    President & CEO

    On filings since 2024

    40 hrs/week

    $140K (2024) → $642K (2025)

  • Kermitt Brooks

    Chair

    Chair-Elect → Chair, 2024

    On filings since 2021

    1 hr/week

    No compensation reported

  • Timothy A. Atkins

    Managing Director & Legisla

    Director & Counsel → Managing Director & Legislative Affairs, 2024

    Managing Director & Legislative Affairs → Managing Director & Legisla, 2025

    On filings since 2020

    40 hrs/week

    $252K (2020) → $322K (2025)

  • Linda M. Nusbaum

    Director & Operations

    On filings since 2020

    40 hrs/week

    $156K (2020) → $195K (2025)

  • Shawn T. Loftus

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • David Melman

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Andrew S. Williams

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Michael McDonnell

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Allie Lin

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Bret Hester

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Jeannette Hunte

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Andrea Lynn White

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Kirk Gravely

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Monica M. Curtis

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Polly Klane

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Sean A. Monticello

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Elizabeth Maxwell

    Manager & External Affairs

    New on the 2025 filing

    40 hrs/week

    $104K (2025)

  • Marshal Bozzo

    Manager, Public & Legislative Affairs

    New on the 2025 filing

    40 hrs/week

    $310K (2025)

  • Gretchen Cepek

    Chair-Elect

    Director → Secretary-Treasurer, 2023

    Secretary-Treasurer → Chair-Elect, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jason A. D'angelo

    Secretary-Treasurer

    Director → Secretary-Treasurer, 2024

    On filings since 2022

    1 hr/week

    No compensation reported

Former officers (24)
  • Former: Diane Stuto (2020–2024) — Managing Director & Regulatory Affairs
  • Former: Michael A. Zarcone (2020–2024) — Past-Chair
  • Former: Timothy A. Walsh (2020–2024) — Director
  • Former: Jose Ramon Gonzalez (2021–2024) — Director
  • Former: Christine Nixon (2022–2024) — Director
  • Former: Patricia Tario (2023–2024) — Executive Assistant
  • Former: Edward Koller (2020–2023) — Manager, Public & Legislat
  • Former: Christine Dugan (2020–2022) — Director
  • Former: Frank L. Lettera (2020–2022) — Director
  • Former: Frederick L. Wortman (2020–2022) — Past Chair
  • Former: Joseph F. Gill (2020–2022) — Director
  • Former: Christine Debiase (2021–2022) — Secretary-Treasurer
  • Former: James J. Roth (2020–2021) — Director
  • Former: Lucy Fato (2020–2021) — Director
  • Former: Mary A. Griffin (2020–2021) — President & CEO
  • Former: Loconte Richard (2021) — President & CEO
  • Former: Natalie Lamarque (2021) — Secretary-Treasurer
  • Former: Angela Fontana (2020) — Director
  • Former: Dave S. Hattem (2020) — Past Chair
  • Former: Mary C. Sanford (2020) — Executive Assistant
  • Former: Michael Ferik (2020) — Director
  • Former: Patrick J. Carty (2020) — Secretary-Treasurer
  • Former: Richard A. White (2020) — Director
  • Former: Sheila K. Davidson (2020) — Director

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Laura Evangelista — President & CEO: $642KLaura EvangelistaPresident & CEO$642KTimothy a Atkins — Managing Director, Legisla: $322KTimothy a AtkinsManaging Director, Legisla$322KMarshal Bozzo — Manager, Public & Legislative Affairs: $310KMarshal BozzoManager, Public & Legislative…$310KRichard Loconte — Former President & CEO: $236KRichard LoconteFormer President & CEO$236KLinda M Nusbaum — Director, Operations: $195KLinda M NusbaumDirector, Operations$195KElizabeth Maxwell — Manager, External Affairs: $104KElizabeth MaxwellManager, External Affairs$104K

The highest reported compensation on the 2025 filing was $642K, to Laura Evangelista (President & CEO). 6 officers or directors reported compensation on that filing.

Frequently asked questions about Life Insurance Council of New York Inc

How much does Life Insurance Council of New York Inc give each year?

Life Insurance Council of New York Inc gave $148K across 5 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $150K across 5 grants.

What is Life Insurance Council of New York Inc's typical grant size?

Life Insurance Council of New York Inc's median grant in 2025 was $30,000, and its average grant was $29,583, across 5 grants on its 2025 IRS Form 990.

Where does Life Insurance Council of New York Inc give grants?

Life Insurance Council of New York Inc gives mostly in New York: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Albany, NY (3 grants).

Does Life Insurance Council of New York Inc give general operating support?

Not in 2025: none of the 5 grants with a stated purpose on Life Insurance Council of New York Inc's 2025 IRS Form 990 were described as general or operating support.

Who are Life Insurance Council of New York Inc's largest grantees?

Life Insurance Council of New York Inc's largest 2025 grantees include NYS Democratic Assembly Campaign Committee ($45,000), NYS Democratic Senate Campaign Committee ($45,000) and Siena College ($30,000), according to its 2025 IRS Form 990. Together they received 81% of its itemized 2025 grant dollars.

How large is Life Insurance Council of New York Inc?

Life Insurance Council of New York Inc reported $7.5M in total assets on its 2025 IRS Form 990. Its revenue that year was $3.6M.

What is Life Insurance Council of New York Inc's EIN?

Life Insurance Council of New York Inc's EIN (Employer Identification Number) is 13-2928479. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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