2018-11-14T13:22:37-06:00 2017-12-31 222951202 MSPC CPAS & ADVISORS PC 340 NORTH AVENUE EAST CRANFORD NJ 070162496 990 2017-01-01 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 ROBERT GREENSPAN CHIEF EXECUTIVE OFFICERE 2125866400 2018-11-14 1 PATRICK M TROMBETTA P00450410 9082727000 107.0.40.162 2018-11-14 13:22:29 ES P 0EB4CE1ACD44DB279B6C2D9A8476B20948576B96 2BE301797771FA56319AFE83B3D82A6B47BB15DE 2017 2019-02-21 02:37:17Z DR ROBERT GREENSPAN 305 WEST 44TH STREET NEW YORK NY 10036 515693881 0 X HOTELFUNDS,ORG X 1944 NY TO PROVIDE MEDICAL, DENTAL, HOSPITALIZATION AND LIFE INSURANCE BENEFITS TO PARTICIPANTS. 14 14 0 0 0 0 0 0 559058772 512140949 2074907 3552932 4070928 0 565204607 515693881 0 0 389273541 496540589 36554130 7777832 0 0 0 17588221 5319116 443415892 509637537 121788715 6056344 349456501 363757976 33417226 28888171 316039275 334869805 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 1 160 0 1 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X HARRY VERAS 2125866400 305 WEST 44TH STREET NEW YORK NY 10036 VIJAY DANDAPANI CO-CHAIRMAN 0.10 0.60 X 0 0 0 PETER WARD CO-CHAIRMAN 0.10 0.60 X 0 0 0 CHRIS CUSACK UNION TRUSTEE 0.10 0.60 X 0 0 0 JAMES DONOVAN UNION TRUSTEE 0.10 0.60 X 0 0 0 LYNN HOFFARD UNION TRUSTEE 0.10 0.60 X 0 0 0 LARRY MCNEIL UNION TRUSTEE 0.10 0.60 X 0 0 0 ROBERT LAFFERTY EMPLOYER TRUSTEE 0.10 0.60 X 0 0 0 GEORGE GREENE EMPLOYER TRUSTEE 0.10 0.60 X 0 0 0 SAM GRABUSH EMPLOYER TRUSTEE 0.10 0.60 X 0 0 0 GUS CECCHINI EMPLOYER TRUSTEE 0.10 0.60 X 0 0 0 DANIEL COSTELLO EMPLOYER TRUSTEE 0.10 0.60 X 0 0 0 MICHAEL D'ANGELO EMPLOYER TRUSTEE 0.10 0.60 X 0 0 0 MICHAEL GOODWIN UNION TRUSTEE 0.10 0.60 X 0 0 0 FRED GRAPSTEIN EMPLOYER TRUSTEE 0.10 0.60 X 0 0 0 STEVE BATTA EMPLOYER TRUSTEE 0.10 0.60 X 0 0 0 DR ROBERT GREENSPAN CHIEF EXECUTIVE OFFICER 15.40 24.60 X 0 860940 297024 HARRY VERAS CHIEF FINANCIAL OFFICER 14.70 25.30 X 0 415629 143392 VINCENT JARVIS CHIEF MEDICAL OFFICER 11.10 28.90 X 0 258402 89149 SERGE SAADOUN DIRECTOR OF CLINICAL SERVICES 40.00 0.00 X 0 204068 70403 ANDREW WINDSOR DIRECTOR OF ADMIN SERVICES 39.80 0.20 X 0 186623 64385 RICK WALQUIST MEDICAL DIRECTOR 40.00 X 0 240267 82892 0 2165929 747245 0 0 1 0 HACELS LLC 305 WEST 44TH STREET NEW YORK NY 10036 REAL ESTATE - RENT 1126681 FRENKEL & COMPANY 210 HUDSON STREET SUITE 601 JERSEY CITY NJ 07302 INSURANCE PROVIDER 619121 WINDSTREAM COMMUNICATIONS INC 6 COMMERCE DRIVE CRANFORD NJ 07016 TELEPHONE PROVIDER 611732 14 SO WILLIAMSPORT HOLDINGS LLC 14 PENN PLAZA NEW YORK NY 10122 REAL ESTATE - RENT 524117 AUTOMATIC DATA PROCESSING INC 824 63RD STREET BROOKLYN NY 11220 PAYROLL PROCESSING 357696 5 EMPLOYER CONTRIBUTIONS 900099 498778782 498778782 MEDICARE REIMBURSEMENTS 900099 11604659 11604659 PARTICIPANT CONTRIBUTIONS 900099 1757508 1757508 512140949 3552932 3552932 515693881 512140949 0 3552932 496540589 6008047 480644 924201 364940 569364 402071 28338 589228 547820 428052 1027796 8169 1007763 400381 PCORI FEE 162844 OTHER SERVICES 116209 BANK CHARGES 30978 AUTO EXPENSES 103 509637537 51777403 32881422 586415 0 59082520 53254955 3743345 2942564 11689176 14808839 17142832 11010564 5403001 6132268 104282132 141783448 112892509 111954480 349456501 363757976 3509960 214493 29907266 28673678 33417226 28888171 X 316039275 334869805 316039275 334869805 349456501 363757976 6056344 12774186 0 X X 0 1 X 1 0 5693712 3735226 1958486 5177204 1603383 3573821 6271916 5671955 599961 6132268 PREPAID BENEFITS 111088971 DUE FROM AFFILIATES 865509 111954480 BENEFIT OBLIGATIONS PAYABLE 28673678 28673678 X 528439729 12774186 12774186 515665543 28338 28338 515693881 510842787 0 510842787 28338 -1233588 -1205250 509637537 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, 2017 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 PAYABLE PART XII, LINE 2D, OTHER ADJUSTMENTS CHANGE IN BENEFITS PAYABLE - -$1,233,588 X 0 1 0 DR ROBERT GREENSPAN CHIEF EXECUTIVE OFFICER 0 860940 0 0 0 0 0 68875 0 228149 0 1157964 0 0 HARRY VERAS CHIEF FINANCIAL OFFICER 0 415629 0 0 0 0 0 33250 0 110142 0 559021 0 0 VINCENT JARVIS CHIEF MEDICAL OFFICER 0 258402 0 0 0 0 0 20672 0 68477 0 347551 0 0 SERGE SAADOUN DIRECTOR OF CLINICAL SERVICES 0 204068 0 0 0 0 0 16325 0 54078 0 274471 0 0 ANDREW WINDSOR DIRECTOR OF ADMIN SERVICES 0 186623 0 0 0 0 0 14930 0 49455 0 251008 0 0 RICK WALQUIST MEDICAL DIRECTOR 0 240267 0 0 0 0 0 19221 0 63671 0 323159 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY OTHER COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. 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 IN CHARGE OF OVERSEEING FINANCIAL STATEMENTS AUDIT AND SELECTION OF INDEPENDENT AUDITORS. NY HOTEL TRADES COUNCIL & HOTEL ASSOCIATION 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 NY HOTEL TRADES COUNCIL & HOTEL ASSOCIATION 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 NY HOTEL TRADES COUNCIL & HOTEL ASSOCIATION 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 NY HOTEL TRADES COUNCIL & HOTEL ASSOCIATION 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 NY HOTEL TRADES COUNCIL & HOTEL ASSOCIATION 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 NY HOTEL TRADES COUNCIL & HOTEL ASSOCIATION 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 NY HOTEL TRADES COUNCIL & HOTEL ASSOCIATION 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 DIVISION A PENSION FUND 709 EIGHTH AVENUE NEW YORK NY 10036 132569697 TO PROVIDE RETIREMENT BENEFITS NY 1 401-1(B)(3) N/A 0 DIVISION A ANNUITY FUND 709 EIGHTH AVENUE NEW YORK NY 10036 562290624 TO PROVIDE RETIREMENT BENEFITS NY 1 401-1(B)(3) N/A 0 DIVISION A EDUCATION & SCHOLARSHIP FUND 709 EIGHTH AVENUE NEW YORK NY 10036 134181778 TO PROVIDE SCHOLARSHIPS NY 501(C)(3) LINE 2 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC HEALTH CENTER INC P 11897062 COST ALLOCATION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC HEALTH CENTER INC Q 746923 COST ALLOCATION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC PENSION FUND R 160086 CONTRIBUTION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC PREPAID LEGAL FUND Q 62799 COST ALLOCATION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC STAFF RETIREMENT PLAN R 204513 CONTRIBUTION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC PENSION FUND Q 349386 CONTRIBUTION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC STAFF INSURANCE FUND Q 6139872 COST ALLOCATION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC STAFF INSURANCE FUND R 530052 CONTRIBUTION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC HEALTH CENTER INC R 260000000 COSTS INCURRED NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC PREPAID LEGAL FUND R 20786 CONTRIBUTION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC 401(K) SAVINGS PLAN Q 14141 COST ALLOCATION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC PENSION FUND P 37287 COST ALLOCATION AGREEMENT