2021-10-06T09:57:05-05:00 2020-12-31 222951202 MSPC CPAS & ADVISORS PC 340 NORTH AVENUE EAST CRANFORD NJ 070162496 990 2020-01-01 131595091 NEW YORK HOTEL TRADES COUNCIL & HOTEL ASSOCIATION OF NEW YORK HEALTH CENTER IN NEWY 2125866400 305 WEST 44TH STREET NEW YORK NY 10036 DR DAVID JACOBSON CHIEF EXECUTIVE OFFICER 2125866400 2021-10-06 1 DR DAVID JACOBSON 999009999 PATRICK M TROMBETTA P00450410 9082727000 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z DR DAVID JACOBSON 305 WEST 44TH STREET NEW YORK NY 10036 233635897 0 X HOTELFUNDS.ORG X 1949 NY TO PROVIDE MEDICAL AND SURGICAL CARE TO ACTIVE AND RETIRED MEMBERS OF THE HOTEL INDUSTRY IN NEW YORK CITY AND TO EDUCATE IN HEALTH MAINTENANCE AND DISEASE PREVENTION AND TO SUPPORT MEDICAL RESEARCH AND TEACHING MEDICAL SCHOOLS. 15 15 1061 0 0 0 0 0 258526000 218546825 13368 6065 13101080 15083007 271640448 233635897 0 0 0 0 102372657 89705363 0 0 0 159759341 143310124 262131998 233015487 9508450 620410 203712766 201134344 112685265 109486433 91027501 91647911 X TO ESTABLISH AND OPERATE HEALTH CENTERS TO FURNISH MEDICAL CARE AND OTHER HEALTH SERVICES TO PARTICIPANTS WHO ARE ELIGIBLE UNDER THE COLLECTIVE BARGAINING AGREEMENTS BETWEEN THE NEW YORK HOTEL TRADES COUNCIL, THE HOTEL ASSOCIATION OF NEW YORK CITY, INC AND HOTELS IN THE CITY OF NEW YORK AND EMPLOYEES AND THEIR DEPENDENTS. 0 0 PROVISION OF MEDICAL, SURGICAL, PHARMACEUTICAL, DENTAL AND AMBULATORY CARE TO ELIGIBLE PARTICIPANTS IN THE HOTEL INDUSTRY IN NEW YORK CITY. 0 0 0 0 0 0 0 0 0 1 0 0 0 0 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 1 569 0 1 1061 1 0 0 0 0 0 0 0 0 0 0 X 15 15 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 197882 106263 VIJAY DANDAPANI CO-CHAIRMAN 0.10 0.60 X 0 0 0 CHRIS CUSACK UNION TRUSTEE 0.10 0.60 X 0 62822 31411 JAMES DONOVAN UNION TRUSTEE 0.10 0.60 X 0 74776 37388 KUBA BROWN UNION TRUSTEE 0.10 0.60 X 0 19334 9667 LYNN HOFFARD UNION TRUSTEE 0.10 0.60 X 0 0 0 LARRY MCNEIL UNION TRUSTEE 0.10 0.60 X 0 48848 24424 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 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 DR DAVID JACOBSON CHIEF EXECUTIVE OFFICER 22.00 18.00 X 607613 0 259931 HARRY VERAS CHIEF FINANCIAL OFFICER 17.20 22.80 X 405795 0 181494 JOHN HEIM CHIEF FINANCIAL OFFICER 22.00 18.00 X 50769 0 19400 LANA T VARDANIAN CHIEF MEDICAL OFFICER 29.00 11.00 X 420000 0 187754 ANDREW WINDSOR CHIEF ADMINISTRATIVE OFFICER 5.00 35.00 X 216476 0 103550 NATACHA TAMDJI MEDICAL DIRECTOR 35.00 5.00 X 263231 0 115428 CAMILLE NAPIER MEDICAL DIRECTOR 35.00 5.00 X 246257 0 117752 KARL LATORTUE MEDICAL DIRECTOR 35.00 5.00 X 245528 0 120023 SERGE SAADOUN DIRECTOR OF CLINICAL SERVI 5.00 35.00 X 205891 0 98432 SARINA GERTRUDE JEAN-LOUIS DIRECTOR OF HEALTH CENTER OPERATIONS 5.00 35.00 X 203197 0 97926 ANN MARY SALAMONE DENTAL CHIEF OF STAFF 29.00 11.00 X 393065 0 178948 GERARDO POSADA PSYCHIATRIST 40.00 X 347040 0 161235 ASHOK D'SOUZA ASSISTANT MEDICAL DIRECTOR 40.00 X 336131 0 144779 YEVGENIY KANTOR ENDOCRINOLOGIST 40.00 X 334334 0 143362 ELSIE YAMILE BERMUDEZ POUCHARD PSYCHIATRIST 40.00 X 253260 0 101210 TOM MITUZAS EMPLOYER TRUSTEE 22.00 18.00 X 0 0 0 4528587 403662 2240377 161 1 1 0 CARDINAL HEALTH 110 INC MCGAW DR EDISON NJ 08837 HEALTHCARE SOLUTIONS 60926407 BIO-REFERENCE LABORATORIES INC 481 EDWARD H ROSS DRIVE ELMWOOD PARK NJ 07407 HEALTHCARE LABORATORY SERVICES 6310246 SUFFOLK CONSTRUCTION COMPANY ONE PENNSYLVANIA PLAZA SUITE 5500 NEW YORK NY 10119 CONSTRUCTION SERVICES 2692763 FIFTH AVENUE DENTAL ASSOCIATES 7815 5TH AVENUE BROOKLYN NY 11209 DENTAL SERVICES 2648902 CERNER CORPORATION 51 VALLEY STREAM PKWY MALVERN PA 19355 COMPUTER SERVICES 2431248 5 HEALTH SERVICE FEES 214788830 214788830 RENTAL INCOME 531390 3757995 3757995 218546825 6065 6065 REBATES 900099 7632272 7632272 PHARMACY SALES 900099 6503743 6503743 MISCELLANEOUS INCOME 900099 946992 946992 15083007 233635897 229871837 0 3764060 4528587 56997677 4524225 18857719 4797155 213931 35001 64300 182571 476962 3720634 6849177 6711942 2813864 PHARMACEUTICAL COSTS 63919853 OUTSIDE SERVICES 39078879 DENTAL LABORATORY, CONS 4166852 OTHER SERVICES 4009619 11066539 233015487 3406270 2115477 3593907 4231929 255470 127036 256033483 62502761 195795858 193530722 661261 1129180 203712766 201134344 8424103 8403969 104261162 101082464 112685265 109486433 X 91027501 91647911 91027501 91647911 203712766 201134344 620410 0 X X 0 1 X 1 0 24242421 24242421 213450254 48355568 165094686 5556275 4717851 838424 12784533 9429342 3355191 193530722 X 233635897 0 233635897 0 233635897 233015487 0 233015487 0 233015487 PART X, LINE 2: HEALTH CENTER RECEIVED AN EXEMPTION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") DATED MARCH 14, 2011, STATING THAT IT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE LAW. THE ACCOUNTING STANDARDS ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESS THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE HEALTH CENTER MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE HEALTH CENTER AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME. THE TAX BENEFITS THAT MIGHT BE RECOGNIZED IN THE FINANCIAL STATEMENTS FROM A TAX POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR FISCAL YEAR 2020 AND 2019. THE HEALTH CENTER FILES ITS INTERNAL REVENUE SERVICE (IRS) FORMS 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX IN THE U.S. FEDERAL JURISDICTION AND IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE IRS FOR FISCAL YEARS BEFORE 2017, GENERALLY FOR 3 YEARS AFTER THEY ARE FILED. HOWEVER, THE HEALTH CENTER IS NOT CURRENTLY UNDER AUDIT NOR HAS THE HEALTH CENTER BEEN CONTACTED BY ANY OF THE TAXING AUTHORITIES. X 0 0 0 DR DAVID JACOBSON CHIEF EXECUTIVE OFFICER 607613 0 0 0 0 0 89799 0 170132 0 867544 0 0 0 LANA T VARDANIAN CHIEF MEDICAL OFFICER 420000 0 0 0 0 0 70154 0 117600 0 607754 0 0 0 HARRY VERAS CHIEF FINANCIAL OFFICER 405795 0 0 0 0 0 67871 0 113623 0 587289 0 0 0 ANN MARY SALAMONE DENTAL CHIEF OF STAFF 393065 0 0 0 0 0 68890 0 110058 0 572013 0 0 0 GERARDO POSADA PSYCHIATRIST 347040 0 0 0 0 0 64064 0 97171 0 508275 0 0 0 ASHOK D'SOUZA ASSISTANT MEDICAL DIRECTOR 336131 0 0 0 0 0 50662 0 94117 0 480910 0 0 0 YEVGENIY KANTOR ENDOCRINOLOGIST 334334 0 0 0 0 0 49749 0 93613 0 477696 0 0 0 NATACHA TAMDJI MEDICAL DIRECTOR 263231 0 0 0 0 0 41723 0 73705 0 378659 0 0 0 KARL LATORTUE MEDICAL DIRECTOR 245528 0 0 0 0 0 51275 0 68748 0 365551 0 0 0 CAMILLE NAPIER MEDICAL DIRECTOR 246257 0 0 0 0 0 48800 0 68952 0 364009 0 0 0 ELSIE YAMILE BERMUDEZ POUCHARD PSYCHIATRIST 253260 0 0 0 0 0 30297 0 70913 0 354470 0 0 0 ANDREW WINDSOR CHIEF ADMINISTRATIVE OFFICER 216476 0 0 0 0 0 42937 0 60613 0 320026 0 0 0 SERGE SAADOUN DIRECTOR OF CLINICAL SERVI 205891 0 0 0 0 0 40783 0 57649 0 304323 0 0 0 RICHARD MAROKO CO-CHAIRMAN 0 197882 0 0 0 0 0 55407 0 50856 0 304145 0 0 SARINA GERTRUDE JEAN-LOUIS DIRECTOR OF HEALTH CENTER OPERATIONS 203197 0 0 0 0 0 41031 0 56895 0 301123 0 0 0 JAMES DONOVAN UNION TRUSTEE 0 74776 0 0 0 0 0 17385 0 20003 0 112164 0 0 CHRIS CUSACK UNION TRUSTEE 0 62822 0 0 0 0 0 14606 0 16805 0 94233 0 0 LARRY MCNEIL UNION TRUSTEE 0 48848 0 0 0 0 0 11357 0 13067 0 73272 0 0 JOHN HEIM CHIEF FINANCIAL OFFICER 50769 0 0 0 0 0 5185 0 14215 0 70169 0 0 0 KUBA BROWN UNION TRUSTEE 0 19334 0 0 0 0 0 4495 0 5172 0 29001 0 0 VIJAY DANDAPANI CO-CHAIRMAN 0 0 0 0 0 0 0 0 0 0 0 0 LYNN HOFFARD UNION TRUSTEE 0 0 0 0 0 0 0 0 0 0 0 0 ROBERT LAFFERTY EMPLOYER TRUSTEE 0 0 0 0 0 0 0 0 0 0 0 0 GEORGE GREENE EMPLOYER TRUSTEE 0 0 0 0 0 0 0 0 0 0 0 0 SAM GRABUSH EMPLOYER TRUSTEE 0 0 0 0 0 0 0 0 0 0 0 0 GUS CECCHINI EMPLOYER TRUSTEE 0 0 0 0 0 0 0 0 0 0 0 0 CLARA PELLERANO EMPLOYER TRUSTEE 0 0 0 0 0 0 0 0 0 0 0 0 STEVE BATTA EMPLOYER TRUSTEE 0 0 0 0 0 0 0 0 0 0 0 0 MICHAEL D'ANGELO EMPLOYER TRUSTEE 0 0 0 0 0 0 0 0 0 0 0 0 FRED GRAPSTEIN EMPLOYER TRUSTEE 0 0 0 0 0 0 0 0 0 0 0 0 TOM MITUZAS EMPLOYER TRUSTEE 0 0 0 0 0 0 0 0 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS ROUTED TO EACH MEMBER OF THE BOARD OF TRUSTEES PRIOR TO 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 THE TRUSTEES' MEETINGS BY MAJORITY VOTE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS TO THE PUBLIC BY 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. 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 HEALTH BENEFITS 305 WEST 44TH STREET NEW YORK NY 10036 136126923 TO PROVIDE MEDICAL AND DENTAL BENEFITS 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 TRAINING AND SCHOLARSHIPS TO PARTICIPANTS NY 501(C)(3) N/A 0 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 305 WEST 44TH STREET NEW YORK NY 10036 133418414 TO PROVIDE LEGAL ASSISTANCE TO PARTICIPANTS NY 501(C)(9) N/A 0 NY HOTEL TRADES COUNCIL & HOTEL ASSOCIATION OF NYC INC STAFF INSURANCE 305 WEST 44TH STREET NEW YORK NY 10036 131531223 TO PROVIDE MEDICAL BENEFITS NY 501(C)(9) N/A 0 NY HOTEL TRADES COUNCIL & HOTEL ASSOCIATION OF NYC INC STAFF RETIREMENT 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 ANNUITY FUND 305 WEST 44TH STREET NEW YORK NY 10036 562290624 TO PROVIDE RETIREMENT BENEFITS NY 1 401-1(B)(3) N/A 0 NY HOTEL TRADES COUNCIL & HOTEL ASSOCIATION 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 1 NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC HEALTH BENEFITS FUND Q 14497523 PER COST ALLOCATION STUDY NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC STAFF INSURANCE FUND Q 283284 PER COST ALLOCATION STUDY NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC HEALTH BENEFITS FUND P 180345 PER COST ALLOCATION STUDY NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC ITP & SCHOLARSHIP FUNDS Q 179237 PER COST ALLOCATION STUDY NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC HEALTH BENEFITS FUND S 214788830 COSTS INCURRED NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC HEALTH BENEFITS FUND R 9662356 CONTRIBUTIONS AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC PENSION FUND R 1753608 CONTRIBUTIONS AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC PREPAID LEGAL SERVICES FUND R 346995 CONTRIBUTIONS AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC STAFF RETIREMENT FUND R 2770616 CONTRIBUTIONS AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC STAFF INSURANCE FUND R 8848369 CONTRIBUTIONS AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC PENSION FUND Q 1500302 PER COST ALLOCATION STUDY NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC 401K FUND Q 136474 PER COST ALLOCATION STUDY