2021-11-15T15:36:53-06:00 2020-12-31 131578842 BUCHBINDER TUNICK & CO LLP 150 CLOVE ROAD 5TH FLOOR LITTLE FALLS NJ 07424 990 2020-01-01 133800331 1199SEIU LABOR MANAGEMENT INITIATIVES INC 1199 6464736336 PO BOX 842 NEW YORK NY 10108 MERCEDES MAMBRU CHIEF FINANCIAL OFFICER 6464736336 2021-11-11 1 MERCEDES MAMBRU 999009999 KENNETH PERLMAN CPA P00293700 2126955003 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z MERCEDES MAMBRU 498 SEVENTH AVENUE 5TH FLOOR NEW YORK NY 10018 37599766 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. 21 21 306 23 0 0 58399 58399 29569983 34779703 0 0 862059 2758459 30490441 37596561 0 0 21521090 21815133 456176 0 0 0 0 5662516 7559074 27639782 29374207 2850659 8222354 8986385 17334003 4994021 5119285 3992364 12214718 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 50 0 1 306 1 0 0 0 0 0 0 0 0 0 0 X 21 21 1 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X MERCEDES MAMBRU CFO 6464736336 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 REBECCA GORDON EMPLOYER TRUSTEE 1.00 7.00 X 0 0 0 BARBARA GREEN PDD EMPLOYER TRUSTEE 1.00 3.00 X 0 0 0 PAUL STUART EMPLOYER TRUSTEE 1.00 0.00 X 0 0 0 BARBARA LOGAN EMPLOYER TRUSTEE 1.00 3.00 X 0 0 0 HUGO PIZARRO EMPLOYER TRUSTEE 1.00 3.00 X 0 0 0 ROBERT L OLIVER EMPLOYER TRUSTEE 1.00 4.00 X 0 0 0 AUDREY WATHEN EMPLOYER TRUSTEE 1.00 3.00 X 0 0 0 STACIE WILLIAMS EMPLOYER TRUSTEE 1.00 6.00 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 YVONNE ARMSTRONG UNION TRUSTEE 1.00 5.00 X 0 0 0 GERARD CADET UNION TRUSTEE 1.00 0.00 X 0 0 0 MARIA CASTANEDA UNION TRUSTEE 1.00 7.00 X 0 0 0 GEORGE GRESHAM UNION TRUSTEE 1.00 6.00 X 0 0 0 MARIA KERCADO UNION TRUSTEE 1.00 3.00 X 0 0 0 STEVE KRAMER 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 MARGARET WEST-ALLEN UNION TRUSTEE 1.00 0.00 X 0 0 0 SANDI VITO EXECUTIVE OFFICER 1.00 2.00 X 126967 182583 133807 VILMA LINARES VAUGHN DEPUTY EXECUTIVE DIRECTOR 12.00 3.00 X 82864 119161 84712 MITRA BEHROOZI CROSS FUNDS EXECUTIVE OFFICER 1.00 33.00 X 0 666893 340815 DONNA S REY CROSS FUNDS CHIEF OPS. OFFICER 1.00 21.00 X 34577 525052 289186 MERCEDES MAMBRU CHIEF FINANCIAL OFFICER 1.00 21.00 X 12874 195486 90967 LORRAINE MONCHAK CHIEF INVESTMENT OFFICER 1.00 21.00 X 0 853603 443684 JEFFREY STEIN FUND COUNSEL 1.00 21.00 X 0 475494 238789 BRANDY D SHILOH CHIEF OF STAFF - STRATEGIC OPS 1.00 3.00 X 29689 450816 262302 STACEY MILLMAN CHIEF COMMUNICATIONS OFFICER 1.00 21.00 X 0 403506 210322 DILAY ALTINER NBF - PORTFOLIO MANAGER 1.00 4.00 X 0 316498 148280 ROSEANN M SIMONELLI FORMER EMPLOYER TRUSTEE 1.00 6.00 X 0 0 0 NORMA AMSTERDAM FORMER UNION TRUSTEE 1.00 7.00 X 0 0 0 286971 4189092 2242864 1 1 1 0 SKDKNICKERBOCKER LLC 1818 N STREET NW SUITE 40 WASHINGTON DC 20036 OTHER SERVICES 3322353 SAVE MY COUNTRY ACTION FUND 80 M STREET SE C/O WEWORK WASHINGTON DC 20003 OTHER SERVICES 2990000 NEW VENTURE FUND 1201 CONNECTICUT AVENUE NW SUITE 3 WASHINGTON DC 20036 OTHER SERVICES 1000000 STG LLC 818 CONNECTICUT AVENUE NW STE 200 WASHINGTON DC 20006 OTHER SERVICES 720000 BETTYANDSMITH LLC 1818 N STREET NW SUITE 515 WASHINGTON DC 20036 OTHER SERVICES 569595 5 58399 58399 EMPLOYER CONTRIBUTIONS 900099 34779703 34779703 34779703 11640 3205 8435 8435 OTHER INCOME 900099 2750024 2750024 2750024 37596561 37529727 0 8435 21815133 26077 33550 392493 362870 234216 SHARED EXPENSES 5688041 ADMINISTRATION WAGES, T 490784 SHARED ALLOCATED EXPENS 331043 29374207 768165 769779 5942787 7256871 260718 4277867 0 18105 1230135 817754 301984 412381 1712731 4599000 8986385 17334003 2500757 2491862 2493264 2627423 4994021 5119285 X 3992364 12214718 3992364 12214718 8986385 17334003 8222354 0 X X 0 1 X 1 0 302206 172998 129208 886885 609492 277393 41044 35264 5780 412381 DUE FROM RELATED ENTITIES 4599000 4599000 DUE TO RELATED ENTITIES 2627423 2627423 X 37599766 3205 3205 37596561 0 37596561 29377412 3205 3205 29374207 0 29374207 PART X, LINE 2: FORM 990, PART IV, LINE 11F: US GAAP REQUIRE 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, 2020, 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 2017. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT RECLASS 3,205. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT RECLASS 3,205. X X X 0 1 0 LORRAINE MONCHAK CHIEF INVESTMENT OFFICER 0 731742 0 0 0 121861 0 193062 0 250622 0 1297287 0 0 MITRA BEHROOZI CROSS FUNDS EXECUTIVE OFFICER 0 563460 0 0 0 103433 0 147830 0 192985 0 1007708 0 0 DONNA S REY CROSS FUNDS CHIEF OPS. OFFICER 29790 452362 0 0 4787 72690 3754 120295 10203 154934 48534 800281 0 0 BRANDY D SHILOH CHIEF OF STAFF - STRATEGIC OPS 27324 414911 0 0 2365 35905 3443 107394 9358 142107 42490 700317 0 0 JEFFREY STEIN FUND COUNSEL 0 395728 0 0 0 79766 0 103152 0 135637 0 714283 0 0 STACEY MILLMAN CHIEF COMMUNICATIONS OFFICER 0 347414 0 0 0 56092 0 91333 0 118989 0 613828 0 0 DILAY ALTINER NBF - PORTFOLIO MANAGER 0 316498 0 0 0 0 0 39879 0 108401 0 464778 0 0 SANDI VITO EXECUTIVE OFFICER 120200 172852 0 0 6767 9731 15145 21779 39738 57145 181850 261507 0 0 MERCEDES MAMBRU CHIEF FINANCIAL OFFICER 11997 182169 0 0 877 13317 1512 22953 4109 62393 18495 280832 0 0 VILMA LINARES VAUGHN DEPUTY EXECUTIVE DIRECTOR 76097 109430 0 0 6767 9731 9588 13788 25158 36178 117610 169127 0 0 ROSEANN M SIMONELLI FORMER EMPLOYER TRUSTEE 0 0 0 0 0 0 0 0 0 0 0 0 NORMA AMSTERDAM FORMER UNION TRUSTEE 0 0 0 0 0 0 0 0 0 0 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 1199SEIU LABOR MANAGEMENT INITIATIVES, INC. AND THE AMOUNTS REPORTED ON LINE (II) REPRESENT THE TOTAL SALARY AND BENEFITS RECEIEVED FOR SERVICES PROVIDED BY ALL OTHER 1199 SEIU FUNDS. SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN THE FOLLOWING INDIVIDUALS PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN AND RECEIVED TAXABLE DISTRIBUTIONS DURING 2020: MITRA BEHROOZI $79,873 LORRAINE MONCHAK $102,210 DONNA S. REY $54,461 JEFFREY STEIN $53,586 BRANDY D. SHILOH $46,165 STACEY MILLMAN $40,840 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 2020: MITRA BEHROOZI $76,834 LORRAINE MONCHAK $100,862 DONNA S. REY $63,297 JEFFREY STEIN $53,290 BRANDY D. SHILOH $55,115 STACEY MILLMAN $47,559 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 AS OF DECEMBER, 2008, 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