Business Information Network - Bin

What Business Information Network - Bin does

Business Information Network (BIN) Long Island is a nonprofit, invitation-only business networking organization founded in 1985 as a spin-off from the Manhattan-based Metropolitan Business Network. Originally operating as the L.I. Cooperative Business Network and rebranded to its current name in 1990, BIN serves business professionals and owners on Long Island, New York, who seek qualified referrals and peer business intelligence unavailable through open-market channels.

BIN's core offering is membership in a vetted community of approximately 40-50 business professionals representing diverse industries including accounting, banking, legal, IT, insurance, payroll, real estate, pest control, and construction. Membership is gated through a formal application, interview, and board-vote approval process, ensuring that all participants meet quality standards. The organization convenes members through twice-monthly meetings with structured member highlights, supplemented by annual social events including holiday parties, golf outings, fishing trips, and shooting range outings.

BIN generates revenue solely through recurring membership dues. The organization is governed by a Board of Directors elected from its membership, including a President, Vice President, Treasurer, and Secretary, supported by committee chairs overseeing Mentoring, Social, Marketing, and Membership functions. BIN holds no technology products, has no software platform or digital distribution infrastructure, and operates as a purely relationship-driven community rather than a technology-enabled service.

Name

Business Information Network - Bin

Legal name

BIN Long Island

Website

https://www.binli.org

Company type

Private

Founded year

1985

Operating status

Operating

Short description

Business Information Network (BIN) Long Island is a nonprofit, invitation-only business networking organization founded in 1985, connecting approximately 40-50 vetted Long Island business professionals through twice-monthly meetings and social events for qualified referral sharing.

Ownership category

akta.pro rank

Headquarters

HQ city

East Norwich

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Marketing or Sales, Personnel, Others

Revenue model

1. Membership Dues: BIN generates revenue through membership dues from its vetted member companies. The organization is selective, requiring an application process and board approval.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

BIN Long Island is an invitation-only, nonprofit business networking organization that connects over 50 vetted business professionals on Long Island through twice-monthly meetings, member highlights, and social events. Its core deliverable is qualified referral exchange and shared business intelligence among member companies across industries such as banking, legal, accounting, IT, insurance, marketing, and construction.

Product overview

BIN Long Island (Business Information Network) is a premier invitation-only business networking organization serving Long Island, New York. The organization connects over 50 professionals through structured networking meetings held twice monthly. BIN does not offer technology products or software services; rather, it provides a membership-based networking platform where vetted businesses collaborate, share leads, and refer clients to one another. The organization's primary offerings include membership directory access, regular meeting events, member highlights, and social activities such as golf outings, fishing trips, and holiday parties.

Differentiator

Problem solved

Functional benefit

Products and services

• BIN Long Island Membership Invitation-only membership for vetted business professionals on Long Island, providing access to a curated referral network, twice-monthly structured meetings, member highlights, and social events. Members gain entry into a roster of more than 50 vetted businesses across industries such as banking, legal, accounting, IT, insurance, marketing, and construction.
• Twice-Monthly Networking Meetings Twice-monthly in-person networking meetings for BIN Long Island members, featuring member highlights and structured referral exchange. The meetings are the primary mechanism for members to share business intelligence and generate qualified leads.
• Social and Networking Events Annual social and networking events for BIN Long Island members, including holiday parties, golf outings, fishing trips, shooting range events, and venue-hosted gatherings. These events reinforce member relationships and support the referral-based community.

Named customers16 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves5 records

Expansion highlights2 records

Direct peers

• BNI (Business Network International): BNI is the global gold standard for invitation-only, referral-based business networking chapters with vetted membership and weekly structured meetings — directly analogous to BIN's Long Island chapter model.
• LeTip International: LeTip operates a comparable model of categorized-membership, referral-driven networking chapters across the U.S., making it one of the closest direct competitors to BIN's chapter-based referral exchange.
• Vistage Worldwide: Vistage runs invitation-only peer advisory groups for CEOs and business owners, sharing BIN's vetted-membership and high-touch in-person meeting cadence but targeting more senior executive members.
• EO (Entrepreneurs' Organization): EO is a global, peer-to-peer network of entrepreneurs operating in local chapters with curated membership, structured forums, and member events — closely mirroring BIN's selective chapter-based networking structure.
• YPO (Young Presidents' Organization): YPO is a peer network for chief executives organized into local chapters with vetted membership, regular in-person meetings, and member-only events — comparable to BIN at the executive tier.
• The Alternative Board (TAB): TAB organizes peer advisory boards for SMB owners with monthly facilitated meetings and vetted membership — a more structured but functionally similar model to BIN's twice-monthly meetings.

Emerging players

• Alignable: Alignable is a digital small-business networking platform that approximates BIN's referral-brokerage function online, representing the most credible digital-disruption peer to BIN's in-person referral model.
• SCORE: SCORE provides free business mentoring, education, and local chapter networking for entrepreneurs — overlapping with BIN's educational and referral-sharing value proposition for Long Island business owners.

Regional players

• Long Island Chamber of Commerce: The Long Island Chamber of Commerce is a broader, geography-based membership organization serving the same Long Island business community as BIN, but offering general advocacy and events rather than structured referral sharing.

Others

• Referral Institute: Referral Institute is an enabling/training franchise that teaches the referral-marketing methodology underpinning groups like BIN, LeTip, and BNI — thematically related as an ecosystem participant rather than direct competitor.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/business-information-network-bin

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Business Information Network - Bin