2023-11-10T11:23:09-06:00 2022-12-31 222951202 MSPC CPAS & ADVISORS PC 340 NORTH AVENUE EAST CRANFORD NJ 070162496 990 2022-01-01 136126923 NEW YORK HOTEL TRADES COUNCIL AND HOTEL ASSOC OF NYC INC HEALTH BENEFITS FUND 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 571609646 0 X HOTELFUNDS,ORG X 1944 NY TO PROVIDE MEDICAL, DENTAL, HOSPITALIZATION AND LIFE INSURANCE BENEFITS TO PARTICIPANTS. 15 9 0 0 0 0 0 0 286580813 442613603 1730183 2952305 25836567 1605059 314147563 447170967 0 0 272290492 375485223 5265946 5905625 0 0 0 10187760 13293312 287744198 394684160 26403365 52486807 354599006 381570475 33427473 33709960 321171533 347860515 TO PROVIDE MEDICAL, DENTAL, HOSPITALIZATION AND LIFE INSURANCE BENEFITS TO PARTICIPANTS. 0 0 THE EXEMPT PURPOSE OF THE ORGANIZATION IS TO PROVIDE MEDICAL, SURGICAL, HOSPITAL, ACCIDENT, DENTAL, OPTICAL AND LIFE INSURANCE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR COVERED DEPENDENTS. 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 96 0 1 0 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 0 1268386 525171 JOHN HEIM CHIEF FINANCIAL OFFICER 22.00 18.00 X 0 482305 218599 LANA T VARDANIAN CHIEF MEDICAL OFFICER 29.00 11.00 X 0 466978 212622 ANDREW WINDSOR CHIEF ADMINISTRATIVE OFFIC 5.00 35.00 X 0 278623 136513 ROBERT LAFFERTY CHIEF OPERATING OFFICER 5.00 35.00 X 0 239546 93423 ASHOK D'SOUZA MEDICAL DIRECTOR 35.00 5.00 X 0 420085 194333 KRYSTAL RENEE JENKINS MEDICAL DIRECTOR 35.00 5.00 X 0 263445 107993 KARL LATORTUE MEDICAL DIRECTOR 35.00 5.00 X 0 259121 126969 0 4373151 1975112 0 0 1 0 EMPIRE BLUECROSSBLUESHIELD 1 LIBERTY STREET NEW YORK NY 10006 CLAIMS PROCESSOR 7733424 HACELS LLC 305 WEST 44TH STREET NEW YORK NY 10036 REAL ESTATE - RENT 1319939 14 SO WILLIAMSPORT HOLDINGS LLC 14 PENN PLAZA NEW YORK NY 10122 REAL ESTATE - RENT 649243 CONNECT YOUR CARE 307 INTERNATIONAL CIRCLE COKEYSVILLE MD 21030 CLAIMS PROCESSOR 453932 PITTA LLP 120 BROADWAY NEW YORK NY 10271 ATTORNEY 318459 12 EMPLOYER CONTRIBUTIONS 900099 423018886 423018886 MEDICARE REIMBURSEMENTS 900099 17721280 17721280 PARTICIPANT CONTRIBUTIONS 900099 1873437 1873437 442613603 2390984 2390984 125000000 124438679 561321 561321 561321 FORGIVENESS OF PPP LOAN 900099 1207365 1207365 OTHER INCOME 900099 397694 397694 1605059 447170967 444218662 0 2952305 375485223 4252915 1319371 333339 572023 180888 96414 8726946 535695 468419 1611403 15358 748573 156157 PCORI FEE 138378 OTHER SERVICES 43058 394684160 43479160 331198 0 22807303 66632498 63327637 2117705 2201953 9940505 2427227 19750366 16314669 3641875 3435697 130883496 192314390 97903767 94725070 354599006 381570475 1949673 243060 31477800 33466900 33427473 33709960 X 321171533 347860515 321171533 347860515 354599006 381570475 52486807 -25797825 0 X X 0 1 X 1 0 6728517 4668977 2059540 5252443 5187955 64488 7769406 6457737 1311669 3435697 ADVANCES TO RELATED PARTY 94725070 94725070 BENEFIT OBLIGATIONS PAYABLE 33466900 33466900 X 421276728 -25797825 -25797825 447074553 96414 96414 447170967 392598646 0 392598646 96414 1989100 2085514 394684160 PART X, LINE 2: THE TRUST ESTABLISHED UNDER THE PLAN TO HOLD THE PLAN'S NET ASSETS IS QUALIFIED PURSUANT TO SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE ("IRC") AND, ACCORDINGLY, THE TRUST'S NET INVESTMENT INCOME IS EXEMPT FROM INCOME TAXES. THE PLAN HAS OBTAINED A FAVORABLE TAX DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE AND THE PLAN'S MANAGEMENT BELIEVES THAT THE TRUST, AS AMENDED, CONTINUES TO OPERATE AS DESIGNED. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. PLAN MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2022 THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XII, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN BENEFIT CLAIMS PAYABLE - ($1,989,100) X 0 1 0 DR DAVID JACOBSON CHIEF EXECUTIVE OFFICER 0 1268386 0 0 0 0 0 163681 0 361490 0 1793557 0 0 JOHN HEIM CHIEF FINANCIAL OFFICER 0 482305 0 0 0 0 0 81142 0 137457 0 700904 0 0 LANA T VARDANIAN CHIEF MEDICAL OFFICER 0 466978 0 0 0 0 0 79533 0 133089 0 679600 0 0 ASHOK D'SOUZA MEDICAL DIRECTOR 0 420085 0 0 0 0 0 74609 0 119724 0 614418 0 0 ANDREW WINDSOR CHIEF ADMINISTRATIVE OFFIC 0 278623 0 0 0 0 0 57105 0 79408 0 415136 0 0 KARL LATORTUE MEDICAL DIRECTOR 0 259121 0 0 0 0 0 53120 0 73849 0 386090 0 0 KRYSTAL RENEE JENKINS MEDICAL DIRECTOR 0 263445 0 0 0 0 0 32911 0 75082 0 371438 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 0 239546 0 0 0 0 0 25152 0 68271 0 332969 0 0 AMY BOKERMAN UNION TRUSTEE 0 195547 0 0 0 0 0 45465 0 55731 0 296743 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 ITS 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 TRUSTEES' MEETINGS BY MAJORITY VOTE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES ITS FINANCIAL STATEMENTS TO THE PUBLIC UPON WRITTEN REQUEST. 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 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 FUND 305 WEST 44TH STREET NEW YORK NY 10036 133418414 TO PROVIDE PERSONAL LEGAL ASSISTANCE 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 INDUSTRY TRAINING & SCHOLARSHIPS NY 501(C)(3) LINE 2 N/A 0 NYHTC ASSN OF NYC INC HEALTH CENTER INC 305 WEST 44TH STREET NEW YORK NY 10036 131595091 TO PROVIDE MEDICAL & SURGICAL CARE NY 501(C)(9) N/A 0 NYHTC ASSN OF NYC INC STAFF RETIREMENT PLA 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 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 STAFF INSURANCE FUND 305 WEST 44TH STREET NEW YORK NY 10036 131531223 TO PROVIDE MEDICAL INSURANCE AND OTHER BENEFITS NY 501(C)(9) 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 1 1 1 0 NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC TRAINING & SCHOLARSHIP FUND Q 1479 COST ALLOCATION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC STAFF RETIREMENT PLAN R 177395 CONTRIBUTION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC STAFF INSURANCE FUND R 975837 CONTRIBUTION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC STAFF INSURANCE FUND Q 11400819 COST ALLOCATION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC PREPAID LEGAL FUND R 18135 CONTRIBUTION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC PREPAID LEGAL FUND Q 74477 COST ALLOCATION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC PENSION FUND R 148004 CONTRIBUTION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC PENSION FUND Q 770344 CONTRIBUTION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC HEALTH CENTER INC R 166094449 COSTS INCURRED NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC HEALTH CENTER INC Q 73539 COST ALLOCATION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC HEALTH CENTER INC P 11011569 COST ALLOCATION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC 401(K) SAVINGS PLAN Q 92807 COST ALLOCATION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC LMCTF Q 310 COST ALLOCATION AGREEMENT