2025-11-15T00:42:02-06:00 2024-12-31 222951202 MSPC CPAS & ADVISORS PC 340 NORTH AVENUE EAST CRANFORD NJ 070162496 990 2024-01-01 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 2025-11-15 1 1 PATRICK M TROMBETTA CPA P00450410 9082727000 2024 2025-03-06 01:10:19Z DR DAVID JACOBSON 305 WEST 44TH STREET NEW YORK NY 10036 594125336 0 X HOTELFUNDS,ORG X 1944 NY TO PROVIDE MEDICAL, DENTAL, HOSPITALIZATION AND LIFE INSURANCE BENEFITS TO PARTICIPANTS. 16 10 0 0 0 0 0 0 500445181 550846196 9162039 8383324 0 2776269 509607220 562005789 0 0 459673305 593253886 6906075 6543192 0 0 0 13540289 13457699 480119669 613254777 29487551 -51248988 420840785 324390257 31672123 44841627 389168662 279548630 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 1 109 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 16 10 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 542945 380108 VIJAY DANDAPANI CO-CHAIRMAN 0.10 0.60 X 0 0 0 KUBA BROWN UNION TRUSTEE 0.10 0.60 X 0 24515 18161 VANESSA MEADE UNION TRUSTEE 0.10 0.60 X 0 334481 224693 AMY BOKERMAN UNION TRUSTEE 0.10 0.60 X 0 219155 143985 JOE MESSINEO UNION TRUSTEE 0.10 0.60 X 0 248286 162335 ALYSSA TRAMPOSCH UNION TRUSTEE 0.10 0.60 X 0 207249 135231 GEORGE GREENE EMPLOYER TRUSTEE 0.10 0.60 X 0 0 0 CHRIS ELKO EMPLOYER TRUSTEE 0.10 0.60 X 0 0 0 WEI HUANG 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 FRED GRAPSTEIN EMPLOYER TRUSTEE 0.10 0.60 X 0 0 0 JOSEPH DELLI SANTI EMPLOYER TRUSTEE 0.10 0.60 X 0 0 0 MICHAEL J D'ANGELO EMPLOYER TRUSTEE 0.10 0.60 X 0 0 0 DR DAVID JACOBSON CHIEF EXEC OFFICER 10.00 30.00 X 0 1745541 717761 JOHN HEIM CHIEF FINAN OFFICER 30.00 10.00 X 0 506411 234500 LANA T VARDANIAN CHIEF MEDICAL OFFICER 5.00 35.00 X 0 506537 234549 ANDREW WINDSOR CHIEF ADMINISTRATIVE OFFICER 35.00 5.00 X 0 328244 161028 ROBERT LAFFERTY CHIEF OPER. OFFICER 5.00 35.00 X 0 443446 207444 ASHOK D'SOUZA MEDICAL DIRECTOR 5.00 35.00 X 0 460029 213911 LUISA NOGUERA COUGHLAN MEDICAL DIRECTOR 5.00 35.00 X 0 280522 137405 KARL LATORTUE MEDICAL DIRECTOR 5.00 35.00 X 0 276883 135673 KRYSTAL RENEE JENKINS MEDICAL DIRECTOR 5.00 35.00 X 0 238022 116611 SAMUEL H KARP DIRECTOR MHAP 5.00 35.00 X 0 183578 89954 KATHERINE M MASTROTA DIRECTOR OPTOMETRY 5.00 35.00 X 0 172938 80390 0 6718782 3393739 11 0 1 0 EMPIRE BLUECROSSBLUESHIELD 1 LIBERTY STREET NEW YORK NY 10006 CLAIMS PROCESSOR 8543266 HACELS LLC 305 WEST 44TH STREET NEW YORK NY 10036 REAL ESTATE - RENT 1570077 MALIC CORP 22 CHURCH STREET SUITE 7 RAMSEY NJ 07446 CONSTRUCTION MANAGEMENT 689225 14 SO WILLIAMSPORT HOLDINGS LLC 14 PENN PLAZA NEW YORK NY 10122 REAL ESTATE - RENT 544871 CONNECT YOUR CARE 307 INTERNATIONAL CIRCLE COKEYSVILLE MD 21030 CLAIMS PROCESSOR 535990 19 EMPLOYERS' CONTRIBUTIONS 900099 527253241 527253241 MEDICARE REIMBURSEMENTS 900099 22640055 22640055 PARTICIPANT CONTRIBUTIONS 900099 952900 952900 550846196 8294247 8294247 32208624 32119547 89077 89077 89077 TRANSITIONAL REINSURANCE PROGRAM 900099 2768269 2768269 MISCELLANEOUS INCOME 900099 8000 8000 2776269 562005789 553622465 0 8383324 593253886 4650979 1521883 370330 712881 347036 179172 9408507 484329 286653 721323 15118 795811 221031 PCORI FEE 199225 OTHER SERVICES 86613 613254777 32598433 14188738 48294287 49848383 3118457 2884831 2308076 507881 23119840 17902102 3914390 5217738 239060770 163375012 91546372 88367674 420840785 324390257 268223 277770 31403900 44563857 31672123 44841627 X 389168662 279548630 389168662 279548630 420840785 324390257 X -51248988 12628956 -71000000 X X 0 1 X 1 0 8152676 5036606 3116070 5538240 5278717 259523 9428924 7586779 1842145 5217738 ADVANCES TO RELATED PARTY 88367674 88367674 BENEFIT OBLIGATIONS PAYABLE 44563857 44563857 X 574455573 12628956 12628956 561826617 179172 179172 562005789 599915648 0 599915648 179172 13159957 13339129 613254777 PART X, LINE 2: THE PLAN HAS RECEIVED AN EXEMPTION LETTER FROM THE IRS DATED DECEMBER 5, 2016, STATING THAT THE VEBA TRUST ESTABLISHED UNDER THE PLAN WAS IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE PROVISIONS OF SECTION 501(C)(9) OF THE IRC. NO FEDERAL OR STATE INCOME TAXES HAVE BEEN RECORDED IN 2024 FOR UNRELATED BUSINESS TAXABLE INCOME. THE PLAN AND TRUST ARE REQUIRED TO OPERATE IN CONFORMITY WITH THE IRC TO MAINTAIN THE TAX-EXEMPT STATUS OF THE TRUST. THE PLAN ADMINISTRATOR BELIEVES THAT THE PLAN IS BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC AND, THEREFORE, BELIEVES THAT THE RELATED TRUST WAS TAX-EXEMPT AS OF THE FINANCIAL STATEMENT DATE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF IT HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. X 0 1 0 DR DAVID JACOBSON CHIEF EXEC OFFICER 0 1745541 0 0 0 0 0 220282 0 497479 0 2463302 0 0 RICHARD MAROKO CO-CHAIRMAN 0 542945 0 0 0 0 0 230798 0 149310 0 923053 0 0 LANA T VARDANIAN CHIEF MEDICAL OFFICER 0 506537 0 0 0 0 0 90186 0 144363 0 741086 0 0 JOHN HEIM CHIEF FINAN OFFICER 0 506411 0 0 0 0 0 90173 0 144327 0 740911 0 0 ASHOK D'SOUZA MEDICAL DIRECTOR 0 460029 0 0 0 0 0 82803 0 131108 0 673940 0 0 ROBERT LAFFERTY CHIEF OPER. OFFICER 0 443446 0 0 0 0 0 81062 0 126382 0 650890 0 0 VANESSA MEADE UNION TRUSTEE 0 334481 0 0 0 0 0 132711 0 91982 0 559174 0 0 ANDREW WINDSOR CHIEF ADMINISTRATIVE OFFICER 0 328244 0 0 0 0 0 67478 0 93550 0 489272 0 0 LUISA NOGUERA COUGHLAN MEDICAL DIRECTOR 0 280522 0 0 0 0 0 57456 0 79949 0 417927 0 0 KARL LATORTUE MEDICAL DIRECTOR 0 276883 0 0 0 0 0 56761 0 78912 0 412556 0 0 JOE MESSINEO UNION TRUSTEE 0 248286 0 0 0 0 0 94056 0 68279 0 410621 0 0 AMY BOKERMAN UNION TRUSTEE 0 219155 0 0 0 0 0 83717 0 60268 0 363140 0 0 KRYSTAL RENEE JENKINS MEDICAL DIRECTOR 0 238022 0 0 0 0 0 48775 0 67836 0 354633 0 0 ALYSSA TRAMPOSCH UNION TRUSTEE 0 207249 0 0 0 0 0 78238 0 56993 0 342480 0 0 SAMUEL H KARP DIRECTOR MHAP 0 183578 0 0 0 0 0 37634 0 52320 0 273532 0 0 KATHERINE M MASTROTA DIRECTOR OPTOMETRY 0 172938 0 0 0 0 0 31103 0 49287 0 253328 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 XI, LINE 9: TRANSFER TO NEW YORK HOTEL TRADES COUNCIL HEALTH CENTER INC -71,000,000. 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) 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 NYHTC ASSN OF NYC INC - NYC CHILD CARE FUND 305 WEST 44TH STREET NEW YORK NY 10036 934762281 TO PROVIDE FREE OR SUBSIDIZED CHILD CARE BENEFITS NY 501(C)(3) 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 HEALTH CENTER INC P 15555250 COST ALLOCATION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC TRAINING & SCHOLARSHIP FUND Q 133385 COST ALLOCATION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC STAFF INSURANCE FUND Q 11571401 COST ALLOCATION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC PREPAID LEGAL FUND Q 94833 COST ALLOCATION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC PENSION FUND Q 959714 CONTRIBUTION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC HEALTH CENTER INC Q 3089467 COST ALLOCATION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC 401(K) SAVINGS PLAN Q 57251 COST ALLOCATION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC LMCTF Q 14019 COST ALLOCATION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC STAFF RETIREMENT PLAN R 255613 CONTRIBUTION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC STAFF INSURANCE FUND R 758343 CONTRIBUTION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC PREPAID LEGAL FUND R 21065 CONTRIBUTION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC PENSION FUND R 106875 CONTRIBUTION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC HEALTH CENTER INC R 342412323 COSTS INCURRED