Life Insurance Council of New York Inc
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
Share of 2025 grant dollars across all 5 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
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
The most common grant size was under $50K: 13 grants of 18 (72%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| NYS Democratic Assembly Campaign Committee Albany, NY | Housekeeping Account | $45,000 |
| NYS Democratic Senate Campaign Committee Albany, NY | Housekeeping Account | $45,000 |
| Siena College Siena, NY | Scholarship | $30,000 |
| SUNY Impact Foundation New York, NY | Scholarship | $20,000 |
| Life Insurance Council of New York Pac Albany, NY | Donation | $7,914 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- Updated Form 990 for fiscal year 2020 (received by the IRS May 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 9, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 23, 2025)
- 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
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.
Here's the math on researching Life Insurance Council of New York Inc by hand.
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