2023-11-10T11:19:34-06:00 2022-12-31 222951202 MSPC CPAS & ADVISORS PC 340 NORTH AVENUE EAST CRANFORD NJ 070162496 990 2022-01-01 131595091 NEW YORK HOTEL TRADES COUNCIL & HOTEL ASSOCIATION OF NEW YORK HEALTH CENTER IN NEWY 2125866400 305 WEST 44TH STREET NEW YORK NY 10036 DR DAVID JACOBSON CHIEF EXECUTIVE OFFICER 2125866400 2023-11-10 1 DR DAVID JACOBSON 999009999 1 PATRICK M TROMBETTA CPA P00450410 9082727000 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DR DAVID JACOBSON 305 WEST 44TH STREET NEW YORK NY 10036 189604690 0 X HOTELFUNDS.ORG X 1949 NY TO PROVIDE MEDICAL AND SURGICAL CARE TO ACTIVE AND RETIRED MEMBERS OF THE HOTEL INDUSTRY IN NEW YORK CITY AND TO EDUCATE IN HEALTH MAINTENANCE AND DISEASE PREVENTION AND TO SUPPORT MEDICAL RESEARCH AND TEACHING MEDICAL SCHOOLS. 15 9 743 0 0 0 0 0 121968660 170134184 5539 29902 8104067 19440604 130078266 189604690 0 0 0 0 57045018 67446587 0 0 0 86588745 115270454 143633763 182717041 -13555497 6887649 191278895 184580939 113186481 94943519 78092414 89637420 X TO ESTABLISH AND OPERATE HEALTH CENTERS TO FURNISH MEDICAL CARE AND OTHER HEALTH SERVICES TO PARTICIPANTS WHO ARE ELIGIBLE UNDER THE COLLECTIVE BARGAINING AGREEMENTS BETWEEN THE NEW YORK HOTEL TRADES COUNCIL, THE HOTEL ASSOCIATION OF NEW YORK CITY, INC AND HOTELS IN THE CITY OF NEW YORK AND EMPLOYEES AND THEIR DEPENDENTS. 0 0 PROVISION OF MEDICAL, SURGICAL, PHARMACEUTICAL, DENTAL AND AMBULATORY CARE TO ELIGIBLE PARTICIPANTS IN THE HOTEL INDUSTRY IN NEW YORK CITY. 0 0 0 0 0 0 0 0 0 1 0 0 0 0 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 1 385 0 1 743 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X FUNDS OFFICE 2125866400 305 WEST 44TH STREET NEW YORK NY 10036 RICHARD MAROKO CO-CHAIRMAN 0.10 0.60 X 0 228541 118270 VIJAY DANDAPANI CO-CHAIRMAN 0.10 0.60 X 0 0 0 KUBA BROWN UNION TRUSTEE 0.10 0.60 X 0 20841 10786 VANESSA MEADE UNION TRUSTEE 0.10 0.60 X 0 68140 35263 AMY BOKERMAN UNION TRUSTEE 0.10 0.60 X 0 195547 101196 JOE MESSINEO UNION TRUSTEE 0.10 0.60 X 0 120840 62534 ALYSSA TRAMPOSCH UNION TRUSTEE 0.10 0.60 X 0 60753 31440 GEORGE GREENE EMPLOYER TRUSTEE 0.10 0.60 X 0 0 0 AMY RAVITZ EMPLOYER TRUSTEE 0.10 0.60 X 0 0 0 GUS CECCHINI EMPLOYER TRUSTEE 0.10 0.60 X 0 0 0 CLARA PELLERANO EMPLOYER TRUSTEE 0.10 0.60 X 0 0 0 STEVE BATTA EMPLOYER TRUSTEE 0.10 0.60 X 0 0 0 MICHAEL D'ANGELO EMPLOYER TRUSTEE 0.10 0.60 X 0 0 0 FRED GRAPSTEIN EMPLOYER TRUSTEE 0.10 0.60 X 0 0 0 TOM MITUZAS EMPLOYER TRUSTEE 0.10 0.60 X 0 0 0 DR DAVID JACOBSON CHIEF EXECUTIVE OFFICER 22.00 18.00 X 1268386 0 525171 JOHN HEIM CHIEF FINANCIAL OFFICER 22.00 18.00 X 482305 0 218599 LANA T VARDANIAN CHIEF MEDICAL OFFICER 29.00 11.00 X 466978 0 212622 ANDREW WINDSOR CHIEF ADMINISTRATIVE OFFIC 5.00 35.00 X 278623 0 136513 ROBERT LAFFERTY CHIEF OPERATING OFFICER 5.00 35.00 X 239546 0 93423 ASHOK D'SOUZA MEDICAL DIRECTOR 35.00 5.00 X 420085 0 194333 KRYSTAL RENEE JENKINS MEDICAL DIRECTOR 35.00 5.00 X 263445 0 107993 KARL LATORTUE MEDICAL DIRECTOR 35.00 5.00 X 259121 0 126969 JOHN V MATERA DIRECTOR OF PHARMACY OPERATIONS 5.00 35.00 X 200706 0 98346 MICHAEL SCHOENHERR DIRECTOR OF HEALTH CENTER OPERATIONS 5.00 35.00 X 185890 0 91025 GERARDO POSADA PSYCHIATRIST 40.00 X 383520 0 180073 YEVGENIY KANTOR ENDOCRINOLOGIST 40.00 X 329062 0 144768 ELSIE YAMILE BERMUDEZ POUCHARD PSYCHIATRIST 40.00 X 265030 0 108662 LUISA E NOGUERA COUGHLAN ASSISTANT MEDICAL DIRECTOR 40.00 X 239018 0 117107 MAURICIO SABOGAL PEDIATRICIAN 40.00 X 224240 0 98665 5505955 694662 2813758 136 0 1 0 CARDINAL HEALTH 110 INC MCGAW DR EDISON NJ 08837 HEALTHCARE SOLUTIONS 48360935 BIO-REFERENCE LABORATORIES INC 481 EDWARD H ROSS DRIVE ELMWOOD PARK NJ 07407 HEALTHCARE LABORATORY SERVICES 4338804 FACULTY PRACTICE ASSOCIATES 5 EAST 98TH STREET NEW YORK NY 10029 HEALTHCARE SERVICES 4035082 FIFTH AVENUE DENTAL ASSOCIATES 7815 5TH AVENUE BROOKLYN NY 11209 DENTAL SERVICES 3424898 OPTUM PHARMACY 702 LLC 1050 PATROL ROAD JEFFERSONVILLE IN 47130 SPECIALTY PHARMACY SERVICES 2384779 89 HEALTH SERVICE FEES 525100 166178698 166178698 RENTAL INCOME 531390 3955486 3955486 170134184 29902 29902 FORGIVENESS OF PPP LOAN 900099 8381787 8381787 REBATES 900099 6164754 6164754 PHARMACY SALES 900099 4571839 4571839 322224 322224 19440604 189604690 185619302 0 3985388 5505955 42555401 3709502 11964235 3711494 152068 46500 114184 62301 578949 2499648 6898562 6636682 1617849 PHARMACEUTICAL COSTS 49254168 OUTSIDE SERVICES 29082839 CONSULTATIONS & SURGERY 5816922 SUPPLIES 3631534 8878248 182717041 638845 726796 1611720 2800474 530466 0 256890876 75837207 186930806 181053669 1567058 0 191278895 184580939 5282714 218403 97903767 94725116 10000000 0 113186481 94943519 X 78092414 89637420 78092414 89637420 191278895 184580939 X 6887649 4657357 X X 0 1 X 1 0 24242421 24242421 213475020 59161420 154313600 5723182 5569406 153776 13450253 11106381 2343872 181053669 X 189604690 0 189604690 0 189604690 182717041 0 182717041 0 182717041 PART X, LINE 2: HEALTH CENTER RECEIVED AN EXEMPTION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") DATED MARCH 14, 2011, STATING THAT IT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE LAW. THE ACCOUNTING STANDARDS ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESS THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE HEALTH CENTER MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE HEALTH CENTER AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME. THE TAX BENEFITS THAT MIGHT BE RECOGNIZED IN THE FINANCIAL STATEMENTS FROM A TAX POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR FISCAL YEAR 2022 AND 2021. THE HEALTH CENTER FILES ITS INTERNAL REVENUE SERVICE (IRS) FORMS 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX IN THE U.S. FEDERAL JURISDICTION AND IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE IRS FOR FISCAL YEARS BEFORE 2019, GENERALLY FOR 3 YEARS AFTER THEY ARE FILED. HOWEVER, THE HEALTH CENTER IS NOT CURRENTLY UNDER AUDIT NOR HAS THE HEALTH CENTER BEEN CONTACTED BY ANY OF THE TAXING AUTHORITIES. X 0 0 0 DR DAVID JACOBSON CHIEF EXECUTIVE OFFICER 1268386 0 0 0 0 0 163681 0 361490 0 1793557 0 0 0 JOHN HEIM CHIEF FINANCIAL OFFICER 482305 0 0 0 0 0 81142 0 137457 0 700904 0 0 0 LANA T VARDANIAN CHIEF MEDICAL OFFICER 466978 0 0 0 0 0 79533 0 133089 0 679600 0 0 0 ASHOK D'SOUZA MEDICAL DIRECTOR 420085 0 0 0 0 0 74609 0 119724 0 614418 0 0 0 GERARDO POSADA PSYCHIATRIST 383520 0 0 0 0 0 70770 0 109303 0 563593 0 0 0 YEVGENIY KANTOR ENDOCRINOLOGIST 329062 0 0 0 0 0 50985 0 93783 0 473830 0 0 0 ANDREW WINDSOR CHIEF ADMINISTRATIVE OFFIC 278623 0 0 0 0 0 57105 0 79408 0 415136 0 0 0 KARL LATORTUE MEDICAL DIRECTOR 259121 0 0 0 0 0 53120 0 73849 0 386090 0 0 0 ELSIE YAMILE BERMUDEZ POUCHARD PSYCHIATRIST 265030 0 0 0 0 0 33128 0 75534 0 373692 0 0 0 KRYSTAL RENEE JENKINS MEDICAL DIRECTOR 263445 0 0 0 0 0 32911 0 75082 0 371438 0 0 0 LUISA E NOGUERA COUGHLAN ASSISTANT MEDICAL DIRECTOR 239018 0 0 0 0 0 48987 0 68120 0 356125 0 0 0 RICHARD MAROKO CO-CHAIRMAN 0 228541 0 0 0 0 0 53136 0 65134 0 346811 0 0 ROBERT LAFFERTY CHIEF OPERATING OFFICER 239546 0 0 0 0 0 25152 0 68271 0 332969 0 0 0 MAURICIO SABOGAL PEDIATRICIAN 224240 0 0 0 0 0 34757 0 63908 0 322905 0 0 0 JOHN V MATERA DIRECTOR OF PHARMACY OPERATIONS 200706 0 0 0 0 0 41145 0 57201 0 299052 0 0 0 AMY BOKERMAN UNION TRUSTEE 0 195547 0 0 0 0 0 45465 0 55731 0 296743 0 0 MICHAEL SCHOENHERR DIRECTOR OF HEALTH CENTER OPERATIONS 185890 0 0 0 0 0 38046 0 52979 0 276915 0 0 0 JOE MESSINEO UNION TRUSTEE 0 120840 0 0 0 0 0 28095 0 34439 0 183374 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS ROUTED TO EACH MEMBER OF THE BOARD OF TRUSTEES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 ALL COMPENSATION FOR THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES ARE SUBJECT TO REVIEW AND APPROVAL BY THE BOARD OF TRUSTEES AT THE TRUSTEES' MEETINGS BY MAJORITY VOTE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS TO THE PUBLIC BY WRITTEN REQUEST. FORM 990, PART XI, LINE 9: PRIOR PERIOD ADJUSTMENT 4,657,357. FORM 990, PART XXI, LINE 2C THE BOARD OF TRUSTEES IS IN CHARGE OF OVERSEEING THE FINANCIAL STATEMENTS AUDIT AND SELECTION OF INDEPENDENT AUDITORS. NYHTC ASSN OF NYC INC 401(K) FUND 305 WEST 44TH STREET NEW YORK NY 10036 134178178 TO PROVIDE RETIREMENT BENEFITS NY 1 401-1(B)(3) N/A 0 NYHTC ASSN OF NYC INC HEALTH BENEFITS 305 WEST 44TH STREET NEW YORK NY 10036 136126923 TO PROVIDE MEDICAL AND DENTAL BENEFITS NY 501(C)(9) N/A 0 NYHTC ASSN OF NYC INC TRAINING & SCHOLARSH 305 WEST 44TH STREET NEW YORK NY 10036 136300270 TO PROVIDE TRAINING AND SCHOLARSHIPS TO PARTICIPANTS NY 501(C)(3) N/A 0 NYHTC ASSN OF NYC INC PENSION FUND 305 WEST 44TH STREET NEW YORK NY 10036 131764242 TO PROVIDE RETIREMENT BENEFITS NY 1 401-1(B)(3) N/A 0 NYHTC ASSN OF NYC INC LEGAL SERVICES 305 WEST 44TH STREET NEW YORK NY 10036 133418414 TO PROVIDE LEGAL ASSISTANCE TO PARTICIPANTS NY 501(C)(9) N/A 0 NYHTC ASSN OF NYC INC STAFF INSURANCE 305 WEST 44TH STREET NEW YORK NY 10036 131531223 TO PROVIDE MEDICAL BENEFITS NY 501(C)(9) N/A 0 NYHTC ASSN OF NYC INC STAFF RETIREMENT 305 WEST 44TH STREET NEW YORK NY 10036 131595091 TO PROVIDE RETIREMENT BENEFITS NY 1 401-1(B)(3) N/A 0 NYHTC ASSN OF NYC INC ANNUITY FUND 305 WEST 44TH STREET NEW YORK NY 10036 562290624 TO PROVIDE RETIREMENT BENEFITS NY 1 401-1(B)(3) N/A 0 NYHTC ASSN OF NYC INC LMC TRUST FUND 305 WEST 44TH STREET NEW YORK NY 10036 384105519 TO ENHANCE THE RELATIONSHIP BETWEEN HOTEL OWNERS AND THEIR EMPLOYEES NY 501(C)(5) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC HEALTH BENEFITS FUND Q 11011569 PER COST ALLOCATION STUDY NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC STAFF INSURANCE FUND Q 606916 PER COST ALLOCATION STUDY NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC ITP & SCHOLARSHIP FUNDS Q 222043 PER COST ALLOCATION STUDY NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC HEALTH BENEFITS FUND S 166178698 COSTS INCURRED NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC HEALTH BENEFITS FUND R 5569494 CONTRIBUTIONS AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC PENSION FUND R 1664042 CONTRIBUTIONS AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC PREPAID LEGAL SERVICES FUND R 217361 CONTRIBUTIONS AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC STAFF RETIREMENT FUND R 2209939 CONTRIBUTIONS AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC STAFF INSURANCE FUND R 6177380 CONTRIBUTIONS AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC PENSION FUND Q 2009854 PER COST ALLOCATION STUDY NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC 401K FUND Q 111920 PER COST ALLOCATION STUDY NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC LMC TRUST FUND Q 17391 PER COST ALLOCATION STUDY NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC PREPAID LEGAL SERVICES FUND Q 219024 PER COST ALLOCATION STUDY