2011-11-15T14:40:06-05:00 2010-12-31 KPMG LLP 345 Park Avenue New York NY 101540102 990 2010-01-01 133800331 1199SEIU LABOR MANAGEMENT INITIATIVES INC 1199 2124940524 PO BOX 842 NEW YORK NY 10108 LOUISE BAYER 2011-11-15 2127589700 2010 2016-02-24 21:20:13Z DEBORAH KING 330 WEST 42ND STREET 2ND FL NEW YORK NY 10036 31839637 false X N/A X 1995 NY THE FUND WAS ESTABLISHED TO IMPROVE LABOR-MANAGEMENT RELATIONSHIPS AND TO ACHIEVE BETTER WORKING CONDITIONS FOR EMPLOYEES, A MORE QUALIFIED AND SATISFIED WORKFORCE AND TO MAXIMIZE JOB SECURITY. 23 23 0 23 0 0 0 0 16792908 31656883 22615 23617 127538 -11003 16943061 31669497 0 0 0 18176056 4048096 144150 0 0 0 17468516 1658299 21516612 19978505 -4573551 11690992 5450797 15731090 4255042 2844343 1195755 12886747 THE FUND WAS ESTABLISHED TO IMPROVE LABOR-MANAGEMENT RELATIONSHIPS AND TO ACHIEVE BETTER WORKING CONDITIONS FOR EMPLOYEES, A MORE QUALIFIED AND SATISFIED WORKFORCE AND TO MAXIMIZE JOB SECURITY. false false 0 THE FUND HAS CREATED A LABOR MANAGEMENT PARTICIPATION PROJECT, A JOINT EMPLOYMENT PLACEMENT SERVICE, A RESEARCH PROJECT, A MEDIA PROJECT AND A GRANT PROJECT FOR EMPLOYEES AND EMPLOYERS IN THE HEALTH CARE INDUSTRY. 0 false false false false false false false false false true false false false true true true false false false false false false false true false false false false true false false false false false false false false false false false true false false false true 80 0 true 0 false false false false false false X 23 23 true false false false true true false true true false false false true true true true true true true false X LOUISE BAYER 6464736360 330 W 33RD STREET NEW YORK NY 10036 X NORMA AMSTERDAM 1.0 X 0 0 0 YVONNE ARMSTRONG 1.0 X 0 0 0 MARIA CASTANEDA 1.0 X 0 0 0 MICHAEL COOPERMAN 1.0 X 0 0 0 ANGELA ECKERT 1.0 X 0 0 0 GEORGE GRESHAM 1.0 X X 0 0 0 STEVE KRAMER 1.0 X 0 0 0 BRUCE RICHARD 1.0 X 0 0 0 MIKE RIFKIN 1.0 X 0 0 0 JEFF COHEN 1.0 X 0 0 0 Rebecca Gordon 1.0 X 0 0 0 Barbara Green 1.0 X 0 0 0 Barbara Logan 1.0 X 0 0 0 Bart Minsky 1.0 X 0 0 0 Hugo Pizarro 1.0 X 0 0 0 Roseann Simonelli 1.0 X 0 0 0 MARIA KERKADO 1.0 X 0 0 0 RHADAMES RIVERA 1.0 X 0 0 0 MILTON ANDERSON 1.0 X 0 0 0 BART METZGER 1.0 X 0 0 0 JANIS PSHENA 1.0 X 0 0 0 FRANK SCHEETS 1.0 X 0 0 0 BRUCE MCIVER 1.0 X X 0 0 0 DEBORAH KING 5.0 X 53417 233187 91024 MITRA BEHROOZI 1.0 X 0 366597 128937 DONNA REY 1.0 X 6987 224545 78426 LOUISE BAYER 1.0 X 5892 189374 63910 JEFFREY STEIN 1.0 X 0 263412 89162 FRANCINE BOREN 1.0 X 0 223579 75023 ROSEMARY BACZEWSKI 35.0 X 220450 0 72394 STACEY MILLMAN 1.0 X 0 201185 70590 BARBARA SOLDANO 1.0 X 5183 166582 57152 291929 1868461 726618 5 false true false SQUIER KNAPP DUNN COMMUNICATIONS 1790 Broadway NEW YORK NY 10019 CONSULTING 2056972 SKDKNICKERBOCKER LLC 1818 N STREET NW SUITE 450 WASHINGTON DC 20036 CONSULTING 1539277 DATA AND FIELD SERVICES INC 2 NEVINS STREET 3RD FLOOR BROOKLYN NY 11217 CONSULTING 250000 ECHODITTO INC ONE DAVIS SQUARE SUITE 302 SOMERVILLE MA 02144 CONSULTING 213705 VERIZON WIRELESS PO BOX 4003 ACHWORTH GA 30101 COMMUNICATIONS 212891 12 0 EMPLOYER CONTRIBUTIONS TO THE PLAN 900099 31656883 31656883 31656883 23617 23617 0 0 0 114277 170140 -55863 -55863 0 0 OTHER INCOME 900099 44860 44860 44860 31669497 31656883 0 12614 0 0 0 18176056 0 87557 0 56593 0 0 0 0 50000 58367 0 0 0 1376 0 62272 0 0 0 0 0 0 0 0 57037 0 SHARED EXPENSES 1429247 19978505 0 2089457 14100605 2880158 1061406 1425207 948141 358282 477066 122900 92013 5450797 15731090 1418874 1972058 2836168 872285 4255042 2844343 X 1195755 12886747 1195755 12886747 5450797 15731090 11690992 X false true true X false 793900 393284 400616 370897 310354 60543 260410 244503 15907 477066 0 DUE TO RELATED ENTITIES 872285 872285 31669497 19978505 11690992 11690992 31839637 170140 170140 31669497 31669497 20148645 170140 170140 19978505 19978505 FIN 48 FOOTNOTE FORM 990, SCHEDULE D, PART XIV, SUPPLEMENTAL INFORMATION 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 ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE LMI, AND CONCLUDED THAT AS OF DECEMBER 31, 2010, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF LIABILITY (OR ASSET) OR DISCLOSURE IN FINANCIAL STATEMENTS. LMI IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2007. RECONCILIATION OF REVENUE FORM 990, SCHEDULE D, PART XII, LINE 2D SPECIAL EVENT EXPENSES $170,140 RECONCILIATION OF EXPENSES FORM 990, SCHEDULE D, PART XIII, LINE 2D SPECIAL EVENT EXPENSES $170,140 NOD 114277 114277 6399 109294 700 53747 0 114277 114277 6399 109294 700 53747 170140 -55863 X X X false true false DEBORAH KING 48708 212630 0 0 4709 20557 3629 15841 13336 58218 70382 307246 0 0 MITRA BEHROOZI 0 359758 0 0 0 6839 0 26802 0 102135 0 495534 0 0 JEFFREY STEIN 0 248779 0 0 0 14633 0 18534 0 70628 0 352574 0 0 FRANCINE BOREN 0 215397 0 0 0 8182 0 16047 0 58976 0 298602 0 0 ROSEMARY BACZEWSKI 207850 0 0 0 12600 0 15485 0 56909 0 292844 0 0 0 DONNA REY 6603 212219 0 0 384 12326 492 15810 1875 60249 9354 300604 0 0 STACEY MILLMAN 0 196958 0 0 0 4227 0 14673 0 55917 0 271775 0 0 LOUISE BAYER 5381 172938 0 0 511 16436 401 12884 1528 49097 7821 251355 0 0 BARBARA SOLDANO 4812 154653 0 0 371 11929 358 11522 1366 43906 6907 222010 0 0 COMPENSATION ALLOCATION FORM 990, SCHEDULE J, PART III ALL OFFICERS AND KEY EMPLOYEES ARE PAID BY 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 LABOR MANAGEMENT INITIATIVE AND THE AMOUNTS REPORTED ON LINE (II) REPRESENT THE TOTAL SALARY AND BENEFITS RECEIVED FOR SERVICES PROVIDED TO ALL 1199SEIU FUNDS. SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN FORM 990, SCHEDULE J, PART I, LINE 4B THE FUND MAINTAINS A 457(F) PLAN FOR A SELECT GROUP OF MANAGEMENT EMPLOYEES OF THE FUND. THE PLAN PROVIDES A SYSTEMATIC SAVINGS PROGRAM FOR ELIGIBLE EMPLOYEES AND IS DISTRIBUTED UPON THE DATE SELECTED PURSUANT TO THE PARTICIPANT'S DEFERRAL AGREEMENT OR TERMINATION OR RETIREMENT. UNDER THE PLAN, ELIGIBLE EMPLOYEE MAY ELECT TO DEFER RECEIPT OF A PORTION OF THEIR COMPENSATION UP TO A MAXIMUM OF $16,500 FOR THE YEAR ENDED DECEMBER 31, 2010. THE AMOUNTS CONTRIBUTED UNDER THE PLAN ARE INVESTED SOLELY IN MUTUAL FUNDS AND SUCH ASSETS ARE RESTRICTED FOR USE AND MAY NOT BE USED FOR THE GENERAL PURPOSES OF THE FUND. HOWEVER, UNTIL BENEFITS ARE DISTRIBUTED, ALL COMPENSATION DEFERRED UNDER THE PLANS, ALL PROPERTY AND RIGHTS PURCHASED WITH SUCH AMOUNTS, AND ALL INCOME ATTRIBUTABLE TO SUCH AMOUNTS, PROPERTY OR RIGHTS SHALL REMAIN SOLELY THE PROPERTY AND RIGHTS OF THE FUND. DURING 2010 THE FOLLOWING AMOUNTS WERE CONTRIBUTED TO THE PLAN: KING, DEBORAH $16,000 BEHROOZI, MITRA $ 8,250 STEIN, JEFFREY $11,444 BOREN, FRANCINE $ 2,710 MILLMAN, STACEY $ 1,100 BUSINESS RELATIONSHIP FORM 990, PART VI, LINE 2 ALL OF THE UNION TRUSTEES ARE ALSO EMPLOYEES OF 1199SEIU (THE UNION) AND THEREFORE HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER. MEMBERS/STOCKHOLDERS FORM 990, PART VI, SECTION A, LINES 6 & 7A LINE 6: THE FUND HAS UNION TRUSTEES AND EMPLOYER TRUSTEES. LINE 7A: The Union trustees are appointed by 1199SEIU United Healthcare Workers East, and the employer trustees are appointed by the League of Voluntary Hospitals and Homes of New York. REVIEW OF FORM 990 FORM 990, PART VI, SECTION B, LINE 11B THE CHIEF FINANCIAL OFFICER AND FINANCE TEAM REVIEWS THE DRAFT FORM 990 AND CONFERS 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 CHIEF FINANCIAL OFFICER. CONFLICT OF INTEREST POLICY ORM 990, PART VI, SECTION B, LINE 12C TRUSTEES 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 TRUSTEES (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 CHIEF OF HUMAN RESOURCES. COMPENSATION REVIEW FORM 990, PART VI, SECTION B, LINE 15A AND 15B 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. PUBLIC DISCLOSURE FORM 990, PART VI, SECTION C, LINE 19 SUMMARY PLAN DESCRIPTIONS 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. UNRELATED BUSINESS INCOME TAX UNDER INTERNAL REVENUE CODE (IRC) SECTION 419A(F)(5)(A), COLLECTIVE BARGAINING AGREEMENTS ARE EXEMPT FROM ACCOUNT LIMIT REQUIREMENTS SET UNDER IRC SECTION 419A(C), AND ARE THEREFORE NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX UNDER IRC SECTION 512(A)(3). HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:NORMA AMSTERDAM TITLE:UNION TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:YVONNE ARMSTRONG TITLE:UNION TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:MARIA CASTANEDA TITLE:UNION TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:MICHAEL COOPERMAN TITLE:UNION TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:ANGELA ECKERT TITLE:UNION TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:GEORGE GRESHAM TITLE:UNION TRUSTEE/CO-CHAIR HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:STEVE KRAMER TITLE:UNION TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:BRUCE RICHARD TITLE:UNION TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:MIKE RIFKIN TITLE:UNION TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:JEFF COHEN TITLE:EMPLOYER TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Rebecca Gordon TITLE:EMPLOYER TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Barbara Green TITLE:EMPLOYER TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Barbara Logan TITLE:EMPLOYER TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Bart Minsky TITLE:EMPLOYER TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Hugo Pizarro TITLE:EMPLOYER TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Roseann Simonelli TITLE:EMPLOYER TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:MARIA KERKADO TITLE:UNION TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:RHADAMES RIVERA TITLE:UNION TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:MILTON ANDERSON TITLE:EMPLOYER TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:BART METZGER TITLE:EMPLOYER TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:JANIS PSHENA TITLE:EMPLOYER TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:FRANK SCHEETS TITLE:EMPLOYER TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:BRUCE MCIVER TITLE:EMPLOYER TRUSTEE-CHAIRPERSON HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:DEBORAH KING TITLE:EXECUTIVE OFFICER HOURS:30 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:MITRA BEHROOZI TITLE:CROSS FUNDS EXECUTIVE OFFICER HOURS:34 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:DONNA REY TITLE:CROSS FUNDS CHIEF ADMN OFFICER HOURS:34 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:LOUISE BAYER TITLE:CROSS FUNDS CFO HOURS:34 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:JEFFREY STEIN TITLE:GENERAL COUNSEL HOURS:34 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:FRANCINE BOREN TITLE:DIRECTOR HOURS:34 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:ROSEMARY BACZEWSKI TITLE:DIRECTOR HOURS: HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:STACEY MILLMAN TITLE:CHIEF COMMUNICATIONS OFFICER HOURS:34 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:BARBARA SOLDANO TITLE:CHIEF INFO SECURITY OFFICER HOURS:34 1199SEIU NBF HEALTH AND HUMAN SERV EMPL 330 WEST 42ND STREET 2ND FLOOR NEW YORK NY 10036 131628401 BENEFIT FUND NY 501(C)(9) NA 1199SEIU HEALTH CARE EMPL PENSION FUND 330 WEST 42ND STREET 2ND FLOOR NEW YORK NY 10036 133604862 PENSION FUND NY 401(A) NA 1199SEIU TRAINING AND UPGRADING FUND 330 WEST 42ND STREET 2ND FLOOR NEW YORK NY 10036 132637580 EDUC/TRAINING NY 501(C)(3) 9 NA 1199SEIU JOB SECURITY FUND 330 WEST 42ND STREET 2ND FLOOR NEW YORK NY 10036 133712851 BENEFIT FUND NY 501(C)(9) NA 1199SEIU LEAGUE RN TRAINING & JSF 330 WEST 42ND STREET 2ND FLOOR NEW YORK NY 10036 133946135 EDUC TRAINING NY 501(C)(9) NA LOCAL EMPLOYER CHILD CARE FUND 330 WEST 42ND STREET 2ND FLOOR NEW YORK NY 10036 133641466 CHILDCARE NY 501(C)(9) NA 1199SEIU HEALTH CARE INDUSTRY GRANT CORP 330 WEST 42ND STREET 2ND FLOOR NEW YORK NY 10036 134197609 HEALTHCARE NY 501(C)(3) 9 NA 1199SEIU LICENSED PRACTICAL NUSRE WF 330 WEST 42ND STREET 2ND FLOOR NEW YORK NY 10036 132623987 BENEFIT FUND NY 501(C)(9) NA 1199SEIU EMPLOYER CHILD CARE CORP 330 WEST 42ND STREET 2ND FLOOR NEW YORK NY 10036 134063281 DAY CARE CNTR NY 501(C)(3) 7 N/A false false false false false false false false true false false false false true true true false false