2024-11-15T17:37:04-06:00 2023-12-31 750786316 WEAVER AND TIDWELL LLP ONE PENNSYLVANIA PLAZA SUITE 3200 NEW YORK NY 10119 990 2023-01-01 133800331 1199SEIU LABOR MANAGEMENT INITIATIVES INC 1199 6464736656 PO BOX 842 NEW YORK NY 10108 MERCEDES MAMBRU CHIEF FINANCIAL OFFICER 6464736656 2024-11-15 1 0 MATTHEW SIMON CPA P01306208 2126955003 2023 2024-10-15 13:58:12Z MERCEDES MAMBRU 498 SEVENTH AVENUE 9TH FLOOR NEW YORK NY 10018 42313621 0 X HTTP://1199SEIUBENEFITS.ORG X 1995 NY TO IMPROVE LABOR-MANGEMENT RELATIONSHIPS AND TO ACHIEVE BETTER WORKING CONDITIONS FOR EMPLOYEES, A MORE QUALIFIED AND SATISFIED WORKFORCE AND TO MAXIMIZE JOB SECURITY. 22 22 152 22 0 0 0 0 31458356 42040904 0 0 219173 272717 31677529 42313621 0 0 23389233 32725304 0 721641 0 0 0 4805235 5620817 28194468 39067762 3483061 3245859 16469803 20020007 8666361 8970706 7803442 11049301 THE FUND WAS ESTABLISHED TO IMPROVE LABOR-MANGEMENT RELATIONSHIPS AND TO ACHIEVE BETTER WORKING CONDITIONS FOR EMPLOYEES, A MORE QUALIFIED AND SATISFIED WORKFORCE AND TO MAXIMIZE JOB SECURITY. 0 0 THOUGH THE FUND DOES NOT UNDERTAKE PROGRAM SERVICES AND DOES NOT REPORT ANY EXPENSES ON FORM 990, COL (B), THE FUND HAS CREATED A LABOR MANAGEMENT PARTICIPATION PROJECT, A JOINT EMPLOYMENT SERVICE, A RESEARCH PROJECT, A MEDIA PROJECT AND A GRANT PROJECT FOR EMPLOYEES AND EMPLOYERS IN THE HEALTH CARE INDUSTRY. 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 88 0 1 152 1 0 0 0 0 0 0 0 0 0 0 X 22 22 1 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X MERCEDES MAMBRU CFO 6464736656 498 SEVENTH AVENUE 9TH FLOOR NEW YORK NY 10018 X DAVID BRODSKY EMPLOYER TRUSTEE 1.00 2.00 X 0 0 0 JEFFREY COHEN EMPLOYER TRUSTEE 1.00 7.00 X 0 0 0 BARBARA GREEN PHD FORMER EMPLOYER TRUSTEE 1.00 3.00 X 0 0 0 PAUL STUART FORMER EMPLOYER TRUSTEE 1.00 X 0 0 0 BARBARA LOGAN EMPLOYER TRUSTEE 1.00 3.00 X 0 0 0 HUGO PIZARRO FORMER EMPLOYER TRUSTEE 1.00 3.00 X 0 0 0 TANYA ISAACS EMPLOYER TRUSTEE 1.00 1.00 X 0 0 0 ROBERT L OLIVER EMPLOYER TRUSTEE 1.00 4.00 X 0 0 0 MARC KRAMER EMPLOYER TRUSTEE 1.00 6.00 X 0 0 0 JACQUELINE ALLEYNE UNION TRUSTEE 1.00 5.00 X 0 0 0 SEAN MOORE UNION TRUSTEE 1.00 5.00 X 0 0 0 YVONNE ARMSTRONG UNION TRUSTEE 1.00 5.00 X 0 0 0 MARIA CASTANEDA FORMER UNION TRUSTEE 1.00 7.00 X 0 0 0 GEORGE GRESHAM UNION TRUSTEE 1.00 6.00 X 0 0 0 STEVE KRAMER FORMER UNION TRUSTEE 1.00 5.00 X 0 0 0 GREG SPELLER UNION TRUSTEE 1.00 1.00 X 0 0 0 VERONICA TURNER UNION TRUSTEE 1.00 5.00 X 0 0 0 JANICE REYES TUTIVEN FORMER UNION TRUSTEE 1.00 6.00 X 0 0 0 STEPHERN ALLISON FORMER EMPLOYER TRUSTEE 1.00 3.00 X 0 0 0 AARON KRANICH EMPLOYER TRUSTEE 1.00 6.00 X 0 0 0 CHRISTENE NATION-JUMPP EMPLOYER TRUSTEE 1.00 2.00 X 0 0 0 STACEY GRAY UNION TRUSTEE 1.00 X 0 0 0 ADEKEMI GRAY UNION TRUSTEE 1.00 3.00 X 0 0 0 ROBERT MORRIS UNION TRUSTEE 1.00 X 0 0 0 DAN RATNER UNION TRUSTEE 1.00 3.00 X 0 0 0 MILLY SILVA UNION TRUSTEE 1.00 4.00 X 0 0 0 MARC LEFF EMPLOYER TRUSTEE 1.00 3.00 X 0 0 0 SANDI VITO EXECUTIVE OFFICER 7.00 2.00 X 84339 255988 163978 DONNA S REY CROSS FUNDS EXECUTIVE OFFI 2.00 21.00 X 0 672470 380972 MERCEDES MAMBRU CHIEF FINANCIAL OFFICER 2.00 21.00 X 12910 302639 200481 DANIEL BUSTILLO DEPUTY EXECUTIVE DIRECTOR 7.00 3.00 X 41394 125641 85121 LORRAINE MONCHAK CHIEF INVESTMENT OFFICER 1.00 21.00 X 0 961383 571862 BRANDY D SHILOH CHIEF OF ADMINISTRATION 2.00 3.00 X 0 634597 354847 STACEY MILLMAN CHIEF COMMUNICATIONS OFFIC 1.00 21.00 X 0 447227 247665 VAN DUNN CHIEF MEDICAL OFFICER 1.00 21.00 X 0 488582 281465 ANGELA SCOTT CHIEF BENEFITS OFFICER 1.00 X 0 392638 223624 SUZANNE A METZGER CHIEF GENERAL COUNSEL 7.00 3.00 X 0 312979 195172 CHARLES OTTOMANELLI CHIEF INFORMATIONAL OFFICER 7.00 3.00 X 12079 283144 152381 150722 4877288 2857568 0 0 1 0 STAGWELL GLOBAL LLC 285 FULTON ST NEW YORK NY 10007 OTHER SERVICES 9507427 BETTYANDSMITH LLC 1818 N STREET NY SUITE 515 WASHINGTON DC 20036 OTHER SERVICES 5298072 ARC INITIATIVES 818 CONNECTICUT AVENUE SUITE 200 WASHINGTON DC 20006 OTHER SERVICES 780000 AMERICAN COACH & LIMOUSINE INC 353 W 48TH ST NEW YORK NY 10036 OTHER SERVICES 724834 US BUS CHARTER & LIMO 100 ST MARYS AVE SUITE 1B STATEN ISLAND NY 10305 OTHER SERVICES 549850 17 EMPLOYER CONTRIBUTIONS 900099 42040904 42040904 42040904 OTHER INCOME 900099 272717 272717 272717 42313621 42313621 0 0 32725304 721641 17647 34650 343806 812291 328121 SHARED EXPENSES 4084302 39067762 9366492 9954454 183993 191962 380984 499313 215156 3571812 2256978 1548160 493715 708818 5829463 5093648 16469803 20020007 4564893 4616693 4101468 4354013 8666361 8970706 X 7803442 11049301 7803442 11049301 16469803 20020007 3245859 0 X X 0 1 X 1 0 328659 289256 39403 1876176 1217341 658835 52143 41563 10580 708818 DUE FROM RELATED ENTITIES 5093648 5093648 DUE TO RELATED ENTITIES 4354013 4354013 X 42313621 0 42313621 0 42313621 39067762 0 39067762 0 39067762 PART X, LINE 2: FORM 990, PART IV, LINE 11F: US GAAP REQUIRES PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FUND AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE PLAN ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF LIABILITY (OR ASSET) OR DISCLOSURE IN FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE PLAN ADMINISTRATOR BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2020. X X X 0 1 0 LORRAINE MONCHAK CHIEF INVESTMENT OFFICER 0 843206 0 0 0 118177 0 230626 0 341236 0 1533245 0 0 DONNA S REY CROSS FUNDS EXECUTIVE OFFI 0 582925 0 0 0 89545 0 146865 0 234107 0 1053442 0 0 BRANDY D SHILOH CHIEF OF ADMINISTRATION 0 572748 0 0 0 61849 0 126678 0 228169 0 989444 0 0 VAN DUNN CHIEF MEDICAL OFFICER 0 421355 0 0 0 67227 0 105147 0 176318 0 770047 0 0 STACEY MILLMAN CHIEF COMMUNICATIONS OFFIC 0 383048 0 0 0 64179 0 95748 0 151917 0 694892 0 0 ANGELA SCOTT CHIEF BENEFITS OFFICER 0 342127 0 0 0 50511 0 85249 0 138375 0 616262 0 0 MERCEDES MAMBRU CHIEF FINANCIAL OFFICER 12488 292737 0 0 422 9902 1411 75232 5067 118771 19388 496642 0 0 SUZANNE A METZGER CHIEF GENERAL COUNSEL 0 299928 0 0 0 13051 0 76000 0 119172 0 508151 0 0 SANDI VITO EXECUTIVE OFFICER 79742 242036 0 0 4597 13952 9011 27350 31626 95991 124976 379329 0 0 CHARLES OTTOMANELLI CHIEF INFORMATIONAL OFFICER 12079 283144 0 0 0 0 1365 31995 4870 114151 18314 429290 0 0 DANIEL BUSTILLO DEPUTY EXECUTIVE DIRECTOR 41394 125641 0 0 0 0 4678 14197 16417 49829 62489 189667 0 0 FORM 990, SCHEDULE J, PART III ALL OFFICERS AND KEY EMPLOYEES ARE PAID BY 1199SEIU LEAGUE TRAINING AND UPGRADING FUND FOR THEIR SERVICES PERFORMED FOR ALL 1199SEIU FUNDS. THEIR SALARY IS THEN ALLOCATED TO EACH FUND BASED ON THE AMOUNT OF SERVICES PROVIDED TO EACH FUND AND IS REPORTED AS IF PAID BY THE FILING ORGANIZATION. THE AMOUNT REPORTED IN SCHEDULE J, PART II LINE (I) REPRESENTS THE AMOUNT ALLOCATED TO THE ORGANIZATION AND THE AMOUNTS REPORTED ON LINE (II) REPRESENT THE TOTAL SALARY AND BENEFITS RECEIEVED FOR SERVICES PROVIDED BY ALL RELATED ORGANIZATIONS. SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN THE FOLLOWING INDIVIDUALS PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN AND RECEIVED TAXABLE DISTRIBUTIONS DURING 2023: LORRAINE MONCHAK $100,921 DONNA S. REY $64,334 BRANDY D. SHILOH $56,018 VAN DUNN $54,584 STACEY MILLMAN $48,338 ANGELA SCOTT $39,175 THE ABOVE AMOUNTS ARE INCLUDED ON SCHEDULE J, PART II, COLUMN B (III). THE FOLLOWING INDIVIDUALS PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN AND RECEIVED DEFERRED CONTRIBUTIONS DURING 2023: LORRAINE MONCHAK $135,344 DONNA S. REY $80,995 MERCEDES MAMBRU $42,153 BRANDY D. SHILOH $61,957 STACEY MILLMAN $52,464 ANGELA SCOTT $46,589 VAN H. DUNN $57,534 SUZANNE A. METZGER $42,108 THE ABOVE AMOUNTS ARE INCLUDED ON SCHEDULE J, PART II, COLUMN C. FORM 990, PART VI, SECTION A, LINE 2 ALL OF THE UNION DIRECTORS ARE ALSO EMPLOYEES OF 1199SEIU (THE UNION) AND THEREFORE HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER. FORM 990, PART VI, SECTION A, LINE 7A THE UNION DIRECTORS ARE APPOINTED BY 1199SEIU UNITED HEALTHCARE WORKERS EAST, AND THE EMPLOYER DIRECTORS ARE APPOINTED BY THE LEAGUE OF VOLUNTARY HOSPITALS AND HOMES OF NEW YORK. FORM 990, PART VI, SECTION B, LINE 11B THE CHIEF FINANCIAL OFFICER AND FINANCE TEAM REVIEWS THE DRAFT FORM 990 AND CONFER WITH THE ACCOUNTANTS AND LEGAL COUNSEL TO ENSURE THE ACCURACY OF THE RETURN. ANY CONCERNS ARE NOTED AND ADDRESSED AND MANAGEMENT ENSURES THAT THE CHANGES ARE INCORPORATED IN THE FORM 990. THE COMPLETED FORM 990 IS THEN SIGNED BY THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS AND EMPLOYEES ARE REQUIRED TO ANNUALLY DISCLOSE OR UPDATE TO THE EXECUTIVE DIRECTOR, OR DESIGNEE, THEIR INTERESTS THAT COULD GIVE RISE TO CONFLICTS OF INTERESTS. FOR EACH INTEREST DISCLOSED BY A TRUSTEE, THE EXECUTIVE DIRECTOR OR DESIGNEE WILL DETERMINE WHETHER TO (A) TAKE NO ACTION (B) ASSURE FULL DISCLOSURE TO THE TRUSTEE (C) ASK THE TRUSTEE TO BE RECUSED FROM PARTICIPATION IN RELATED DISCUSSIONS OR DECISIONS; AND OR (D) ASK THE TRUSTEE TO RESIGN. REGARDING EMPLOYEES, COMPLETED CONFLICTS OF INTEREST DISCLOSURE FORMS WILL BE REVIEWED BY THE HUMAN RESOURCES DEPARTMENT AND DISCLOSED CONFLICTS WILL BE REVIEWED BY HUMAN RESOURCES MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR ALL DIRECTORS, OFFICERS AND KEY EMPLOYEES OF THE FUND IS DETERMINED BY THE CROSS FUNDS COMPENSATION COMMITTEE (THE "COMMITTEE"), COMPRISED OF INDEPENDENT MEMBERS. THE COMMITTEE UTILIZES APPROPRIATE DATA AS TO COMPARABILITY IN ITS DETERMINATIONS, INCLUDING INFORMATION PROVIDED BY INDEPENDENT COMPENSATION CONSULTANTS. THE COMMITTEE DOCUMENTS THE BASIS FOR ANY COMPENSATION DETERMINATIONS CONTEMPORANEOUSLY IN THE MINUTES OF THE COMMITTEE. THE COMMITTEE DETERMINES COMPENSATION PERIODICALLY AS IT DEEMS APPROPRIATE. FORM 990, PART VI, SECTION C, LINE 18 UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 SPD AND FINANCIAL REPORTS ARE MADE PUBLIC PURSUANT TO IRS FILING REQUIREMENTS. WRITTEN REQUESTS FOR OTHER INFORMATION WILL BE FORWARDED TO GENERAL COUNSEL'S OFFICE FOR CONSIDERATION. FORM 990, PART VII, SECTION A: ALL OFFICERS AND KEY EMPLOYEES ARE PAID BY THE LEAGUE TRAINING AND UPGRADING FUND FOR THEIR SERVICES PERFORMED FOR THE 1199SEIU FUNDS. THEIR SALARIES ARE THEN ALLOCATED TO EACH FUND BASED ON THE AMOUNT OF SERVICES PROVIDED TO EACH FUND AND IS REPORTED AS IF PAID BY THE FILING ORGANIZATION. FORM 990, PART XII, LINE 2C THE FUND'S AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART V, LINE 2A: W-2'S ARE ISSUED TO PARTICIPANTS OF THE PLAN WHO RECEIVE DIRECT PAYMENT BENEFITS. 1199SEIU NBF HEALTH AND HUMAN SERV EMPL 498 SEVENTH AVENUE NEW YORK NY 10018 131628401 BENEFIT FUND NY 501(C)(9) N/A 0 1199SEIU HEALTH CARE EMPL PENSION FUND 498 SEVENTH AVENUE NEW YORK NY 10018 133604862 PENSION FUND NY 401(A) N/A 0 1199SEIU TRAINING AND UPGRADING FUND 498 SEVENTH AVENUE NEW YORK NY 10018 132637580 EDUC/TRAINING NY 501(C)(3) 10 N/A 0 1199SEIU JOB SECURITY FUND 498 SEVENTH AVENUE NEW YORK NY 10018 133712851 BENEFIT FUND NY 501(C)(9) N/A 0 1199SEIU LEAGUE RN TRAINING & JSF 498 SEVENTH AVENUE NEW YORK NY 10018 133946135 EDUC/TRAINING NY 501(C)(9) N/A 0 LOCAL EMPLOYER CHILD CARE FUND 498 SEVENTH AVENUE NEW YORK NY 10018 133641466 CHILDCARE NY 501(C)(9) N/A 0 1199SEIU HEALTH CARE INDUSTRY GRANT CORP 498 SEVENTH AVENUE NEW YORK NY 10018 134197609 HEALTHCARE NY 501(C)(3) 10 N/A 0 1199SEIU LICENSED PRACTICAL NURSE WF 498 SEVENTH AVENUE NEW YORK NY 10018 132623987 BENEFIT FUND NY 501(C)(9) N/A 0 1199SEIU EMPLOYEE CHILD CARE CORP 498 SEVENTH AVENUE NEW YORK NY 10018 134063281 DAY CARE CNTR NY 501(C)(3) 7 N/A 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 1