Long Island Software & Technology Network FY2021 filing

Not tax-deductible

Plainview, NY501(c)(6)Since 1997Mutual / membership EIN 11-3394239Revenue $154K in FY2021Latest return filed Jun 15, 2026

On file with the IRSlistnet.orgPlainview, NYTax-exempt since Dec 1998

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Promote and assist the Software, information and other Technology industries on Long Island

Form 990 Part I, line 1, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 11-3394239) · Dispute this line
501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
85¢ of each $1 spent went to programs.
$113K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $9K a year · 5% of revenue · last 5 filings
A surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
85%
of spending
85% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$113K
to officers and key staff · 52% of spending
Pay to officers and key staff is 52% of spending.
Part VII, Section A
4.6 mo
of spending, in cash
4.6 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
42
of 44 voting members
42 of 44 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$154K
Spent
$216K
To programs
85%
Net assets
$83K
By yearFY2021–FY2025
Revenue
$154K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$154K
FY2022$202K
FY2023$178K
FY2024$163K
FY2025$173K
Expenses
$216K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$216K
FY2022$166K
FY2023$176K
FY2024$182K
FY2025$174K
Net assets
$83K
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$83K
FY2022$119K
FY2023$120K
FY2024$101K
FY2025$101K

From the FY2021 Form 990 (year ending July 2021) · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1998.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $184K Management & general 15% · $31K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

44 people listed on the 990; $113K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
$112,917Pt VII · Sec A
President
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
General Counsel
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Board
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Peter Goldsmith$39,480$39,480$36,660$60,200$112,917

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Long Island Software & Technology Network executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Helps the tech industry grow and succeed on Long Island.

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1 program · $184K · in their own filed words · FY2020
01

Promotion of the information and other technology industries on long island by means of advertising and networking events

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 11-3394239) · Dispute this line
$184Kprogram expense

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$154K
Ln 12
Gifts and grantsLn 1h$151K
Fees for servicesLn 2g$3K
Investment incomeLn 3$201
Money outPt IX
$216K
Ln 25
Programscol B$184K
Managementcol C$31K
Owns and owesPt X
$83K
net assets · Ln 32
Cash and savingsLn 1–2$83K
Total assetsLn 16$83K
LiabilitiesLn 26$0
PeoplePt VI, VII
44
listed · VII A
PaidVII A1
Voting boardVI 1a44
IndependentVI 1b42
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$151K
Fees for servicesLn 2g$3K
Investment incomeLn 3$201
Total revenueLn 12$154K
Assets in detailPt X, end of year
CashLn 1$83K
Cash and savings togetherLn 1–2$83K
Total assetsLn 16$83K
LiabilitiesLn 26$0
Net assetsLn 32$83K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJuly
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$145K$83K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$145K$83K
LiabilitiesLn 26$0$0
Net assetsLn 32$145K$83K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$77K$69K$8K
Office expensesLn 13$7K$7K
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$127K$115K$13K
Total functional expensesLn 25$216K$184K$31K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Jun 15, 2026 $173K$174K−$420$101K 990 PDF
FY2024Filed with the IRS Jan 27, 2025 $163K$182K−$19K$101K 990 PDF
FY2023Filed with the IRS Feb 14, 2024 $178K$176K$2K$120K 990 PDF
FY2022Filed with the IRS Feb 14, 2023 $202K$166K$36K$119K 990 PDF
FY2021 ViewingFiled with the IRS Dec 1, 2021 $154K$216K−$62K$83K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2021 990
Part I · Summary $153,896 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $155,445$150,945
I-9 Program service revenuePrior year $43,220$2,750
I-10 Investment incomePrior year $783$201
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $199,448$153,896
I-13 Grants and similar amounts paidPrior year $20$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $266,072$215,646
I-18 Total expensesPrior year $266,092$215,646
I-19 Revenue less expensesPrior year −$66,644−$61,750
Part VI · Governance 42 of 44 board members independent, 4 to look at
VI-1a Voting members of the governing body44
VI-1b Independent voting members42
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $153,896 across 5 lines filed
VIII-1b Membership dues$150,945
VIII-1h Total contributions, gifts and grants$150,945
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,750$2,750
VIII-3 Investment incomeRelated to mission $201$201
VIII-12 Total revenueRelated to mission $2,951 · Unrelated business $0 · Excluded from tax $0$153,896
Part IX · Statement of functional expenses $215,646 across 4 lines filed
IX-11c Accounting feesPrograms $69,480 · Management $7,720$77,200
IX-13 Office expensesManagement $6,751$6,751
IX-23 InsuranceManagement $4,432$4,432
IX-24 Other expenses (24a–d)Programs $114,722 · Management $12,541$127,263
IX-25 Total functional expensesPrograms $184,202 · Management $31,444 · Fundraising $0$215,646
Part X · Balance sheet $82,889 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $144,639$82,889
X-10c Land, buildings and equipment, netStart of year $0$0
X-16 Total assetsStart of year $144,639$82,889
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $144,639$82,889
X-32 Total net assets or fund balancesStart of year $144,639$82,889
X-33 Total liabilities and net assetsStart of year $144,639$82,889
Part XI · Reconciliation of net assets $82,889 net assets at year end
XI-1 Total revenue$153,896
XI-2 Total expenses$215,646
XI-3 Revenue less expenses−$61,750
XI-4 Net assets at start of year$144,639
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$82,889

Form 990 e-file FY2021 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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