2020-11-16T13:04:08-06:00 2019-12-31 KPMG LLP 345 Park Avenue New York NY 101540102 990 2019-01-01 136125570 1199SEIU Greater New York Benefit Fund % MERCEDES MAMBRU 1199 6464736336 PO BOX 842 NEW YORK NY 10108 MERCEDES MAMBRU CFO 6464736336 2020-11-16 true DAVID M HIGHFILL P01517891 2127589700 2020-11-16 127.0.0.1 13407320203215000084 2020-11-16 P F7E791049FCEE4943A341CCA4F642AE72B60D2A0 9A787ECE391EA6D2706409A91BA1BFFEBAFC1C1E 2019 2022-01-07 14:23:13Z MITRA BEHROOZI 498 7th AVENUE 9TH FLOOR NEW YORK NY 10018 206780949 false X http://1199seiubenefits.org X 1992 NY TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS ELIGIBLE PARTICIPANTS UNDER THE TERMS OF THE COLLECTIVE BARGAINING AGREEMENT AND TRUST DOCUMENT. 12 12 0 12 0 -20489 0 0 204056780 202140866 4460450 4618352 1984 21731 208519214 206780949 0 0 190306886 213922838 8554397 8688697 0 0 0 8055061 7252052 206916344 229863587 1602870 -23082638 149963849 143058250 39444070 51049762 110519779 92008488 X TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS UNDER THE TERMS OF THE COLLECTIVE BARGAINING AGREEMENT AND TRUST DOCUMENT; SEE SCHEDULE O. false false THOUGH THE FUND DOES NOT UNDERTAKE PROGRAM SERVICES AND DOES NOT REPORT ANY EXPENSES ON FORM 990, PART IX, COL (B), THE FUND PROVIDES HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS UNDER THE TERMS OF THE COLLECTIVE BARGAINING AGREEMENT AND TRUST DOCUMENT. IN 2019 THE ORGANIZATION PROVIDED HEALTH AND WELFARE BENEFITS TO 22,398 MEMBERS. false false false false false false false false false true false true true true true false false false false false false false false false false false false true false false false false false false false false false false false true false false true X 6073 0 true 0 false true IS CO MY ID HU JA DA false false false false false false X 12 12 true false false false false true false true true false false false true true true true true true true false AL X MERCEDES MAMBRU 6464736336 PO BOX 842 NEW YORK NY 10108 X LORRAINE MONCHAK CHIEF INVESTMENT OFFICER 2.0 20.0 X 66586 46272 49300 MITRA BEHROOZI EXECUTIVE OFFICER 2.0 20.0 X 42083 29244 30453 DONNA S REY CHIEF OPERATING OFFICER 2.0 20.0 X 32180 21630 22833 JEFFREY STEIN FUND COUNSEL 2.0 20.0 X 29864 20753 21082 BRANDY D SHILOH Chief of Staff Strategic Ops 2.0 16.0 X 27500 18485 20323 STACEY MILLMAN Chief Communications Officer 2.0 20.0 X 26367 18323 18526 VAN H DUNN CHief MEDICAL OFFICER 2.0 16.0 X 25276 17565 18383 SAMUEL HELLER CHIEF FINANCIAL OFFICER 2.0 20.0 X 14613 9822 11093 DILAY ALTINER NBF - Portfolio Manager 1.0 5.0 X 2998 16653 8921 Joshua Sorensen NBF- Investment Analyst 1.0 1.0 X 2935 16306 8676 MICHAEL BALBONI EMPLOYER TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM PASCOCELLO EMPLOYER TRUSTEE 1.0 0.0 X 0 0 0 ROBIN ROSEN EMPLOYER TRUSTEE 1.0 0.0 X 0 0 0 HOWARD SUKOFF EMPLOYER TRUSTEE 1.0 0.0 X 0 0 0 DOUG WISSMANN EMPLOYER TRUSTEE 1.0 0.0 X 0 0 0 YVONNE ARMSTRONG UNION TRUSTEE 1.0 5.0 X 0 0 0 MARIA CASTANEDA UNION TRUSTEE 1.0 4.0 X 0 0 0 Allan Sherman UNION TRUSTEE 1.0 1.0 X 0 0 0 MILLY SILVA UNION TRUSTEE 1.0 1.0 X 0 0 0 Julio Vives UNION TRUSTEE 1.0 0.0 X 0 0 0 Noreen Wray Union Trustee 1.0 0.0 X 0 0 0 Ronald McCalla Union Trustee 1.0 0.0 X 0 0 0 270402 215053 209590 0 false true false Aetna INC PO BOX 13049 NEWARK NJ 07188 Claims Processing 893107 Medco Health Solutions Inc PO BOX 945551 ATLANTA GA 30394 Claims Processing 838482 Careallies 5144 COLLECTION CENTER DRIVE CHICAGO IL 60693 Claims Processing 459953 DD Services Inc 1640 HEMPSTEAD TURNPIKE EAST MEADOW NY 11554 Claims Processing 304164 Milliman Inc 1 PENN PLAZA 38TH FLOOR NEW YORK NY 10119 Acturial 228720 7 0 EMPLOYER CONTRIBUTION 179404604 179404604 COBRA 215308 215308 EMPLOYER DELINQUENCIES 357248 357248 MEMBER SPOUSAL CONTRIBUTIONS 3531082 3531082 ADVANCE TRAINING INITIATIVE 18632624 18632624 202140866 528055 528055 0 0 0 0 0 4090297 4090297 4090297 4090297 0 0 0 0 0 0 0 0 0 LITIGATION SETTLEMENT 21731 21731 21731 206780949 202140866 4640083 X 0 0 0 213922838 258927 0 5488869 690431 1858536 391934 0 194399 99508 0 0 173415 313612 0 711205 347682 0 3025317 0 0 0 0 0 0 118387 3RD PARTY ADMIN PRESCRIPTION 1843656 MANAGED CARE PRECERT 424871 229863587 X 4302410 6850737 0 0 0 0 34918922 49178509 0 0 0 0 0 0 0 0 22614 22614 0 0 20351398 14368372 77200420 54215901 0 0 0 0 13168085 18422117 149963849 143058250 947201 1065914 0 0 0 1994211 0 0 0 0 0 0 0 0 0 0 38496869 47989637 39444070 51049762 X 110519779 92008488 0 0 110519779 92008488 149963849 143058250 X -23082638 6134648 -1563301 X false true X true false FIXED INCOME COMMINGLED FUNDS 26922397 F SHORT TERM INVESTMENT FUND 4223931 F HEDGE FUNDS 17082856 F INVESTMENT IN 3BF PARTNERS, LL 5986717 F 54215901 MEMBER SPOUSAL CONTRIBUTIONS 270776 DUE FROM PHARM. BENEFIT MGRS 4550932 DUE FROM RELATED ENTITIES 767065 DUE FROM BROKERS 10883626 ACCRUED INVESTMENT INCOME 94917 18422117 0 DUE TO RELATED PARTIES 625738 BENEFIT OBLIGATIONS 32983230 DUE TO BROKERS 10891268 DUE TO EMPLOYERS 3489401 47989637 X 212742182 6134648 6134648 206607534 173415 173415 206780949 229690172 229690172 173415 173415 229863587 FIN 48 FOOTNOTE FORM 990, SCHEDULE D, PART X, LINE 2 U.S. GAAP 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. The Plan administrator has analyzed the tax positions taken by the Plan, and has concluded that as of December 31, 2019, 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 federal income tax examinations for years prior to 2016. X X X false true false LORRAINE MONCHAK CHIEF INVESTMENT OFFICER 64068 44522 0 0 2518 1750 8073 5610 21014 14603 95673 66485 0 0 COMPENSATION ALLOCATION FORM 990, SCHEDULE J, PART II ALL OFFICERS AND KEY EMPLOYEES ARE PAID BY THE 1199SEIU NATIONAL BENEFIT FUND FOR HEALTH AND HUMAN SERVICE EMPLOYEES (NBF) FOR THEIR SERVICES PERFORMED FOR ALL 1199SEIU FUNDS. THEIR SALARY IS THEN ALLOCATED TO EACH FUND BASED AN ALLOCATION STUDY 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 NBF AND THE AMOUNTS REPORTED ON LINE (II) REPRESENT THE TOTAL SALARY AND BENEFITS RECEIVED FOR SERVICES PROVIDED TO ALL 1199SEIU FUNDS. UNRELATED BUSINESS INCOME TAX FORM 990, PART V, LINE 3A 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 THERFORE NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX UNDER IRC SECTION 512(A)(3). 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. POWER TO ELECT FORM 990, PART VI, LINE 7A The Union trustees are appointed by 1199SEIU United Healthcare Workers East, and the employer trustees are appointed by the Greater New York Health Care Facilities Association, Inc. REVIEW OF FORM 990 FORM 990, PART VI, SECTION B, LINE 11B THE CHIEF FINANCIAL OFFICER AND FINANCE TEAM REVIEW 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 CHIEF FINANCIAL OFFICER. CONFLICT OF INTEREST POLICY FORM 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 HUMAN RESOURCES MANAGEMENT. 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. OTHER CHANGES IN NET ASSETS FORM 990, PART XI, LINE 9 CHANGE IN BENEFIT OBLIGATION: (1,563,301) 1199SEIU GREATER NY PENSION FUND 330 WEST 42ND STREET NEW YORK NY 10036 136601940 PENSION FUND NY 401(A) NA false 1199SEIU GREATER NEW YORK EDUCATION FUND 330 WEST 42ND STREET NEW YORK NY 10036 133753121 EDUC/TRAINING NY 501(C)(9) NA false 1199SEIU GREATER NEW YORK CHILDCARE FUND 330 WEST 42ND STREET NEW YORK NY 10036 753086330 CHILDCARE FND NY 501(C)(9) NA false 1199SEIU GREATER NY WORKER PARTICIPATION 330 WEST 42ND STREET NEW YORK NY 10036 134079917 LABOR MGMT NY 501(C)(5) N/A false 1199SEIU GREATER NY JOB SECURITY 330 WEST 42ND STREET NEW YORK NY 10036 050557207 BENEFIT FUND NY 501(C)(9) NA false 1199SEIU HEALTH & HUMAN SVC UNION (GNY) N/A ACTOR'S FUND NURSING HOME N/A BEZALEL NURSING HOME N/A COBBLE HILL CARE CENTER N/A CONCORD NURSING HOME N/A METHODIST CHURCH HOME N/A NEW YORK CONGREGATIONAL N/A NORTHERN METROPOLITAN INC N/A NORTHERN RIVERVIEW HEALTH CARE CTR INC N/A NORWEGIAN CHRISTIAN HOME AND HEALTH CTR N/A SAN-SIMEON BY THE SOUND N/A TOLSTOY FOUNDATION N/A Affinity Skilled Living And NURSING HOME N/A Amboy Care Center N/A Arbor Glen Care N/A Arnold Walter Nursing Home N/A Atlantic Coast Rehabilitation N/A Atrium Center for Rehabilitation & Nursi N/A Beach Terrace Center N/A Berkshire Nursing & Rehab Ctr N/A Bronx Center Management Corp N/A Bronx Harbor Health Care Compl N/A Brookhaven Beach Health N/A Brookhaven Health Care N/A Brooklyn CTR for Rehab Center N/A Brooklyn-Queens Nursing Home - Linden Bl N/A willow springs rehab & healthcare center na Campbell Hall Rehabilitation N/A Carillon Nursing And Rehab N/A Carlton Nursing Home N/A Caton Park Nursing Home N/A Oasis Rehabilitation & Nursing N/A Central Island Nursing Home N/A Clark Nursing And REHAB CENTER N/A The Grand Rehab & Nursing at Queens N/A Cliffside Nursing Home N/A Clovelakes Health Care N/A Concord Healthcare & Rehab Ctr N/A Confidence MGMT Services - Hamilton Park na Cortlandt Healthcare N/A Cranford Health And Extended N/A Creative Management-National N/A Crown Nursing (Housekeeping) N/A Crown Nursing And HOME ASSOCIATION N/A Daleview Nursing Home N/A The Pavilion Queens Rehab&Nursing LLC N/A Eastchester Rehabilitation N/A Fairview Nursing Home N/A Far Rockaway Nursing Home N/A Fieldston Lodge Care Center N/A Cypress Care Center N/A Sapphire Center For Rehab & Nursing LLC N/A Forest Hills Care Center N/A Forest View Nursing Home N/A Fort Tryon Center For rehab & nursing N/A FOUR SEASONS REHABILITATION N/A Franklin Center For Rehab N/A Friedwald House CTR FOR REHAB &NURSING N/A Fulton Commons Care Center N/A Glengariff Corporation N/A Goldcrest Nursing Home N/A Golden Gate RehaB & HEALTH CARE CTR N/A Grandell Nursing & REHAB CENTER N/A Hamilton Park Health Care N/A Hampton Center for Rehab & NuRSING N/A Health Care-Barnegat N/A Health Care-Willow Springs N/A Health Care-Clark N/A Health Care-Edison N/A Health Care-Galloway N/A Health Care-King Manor N/A Health Care-Wanaque N/A Healthcare at Green Knoll N/A Healthcare Grp At Kings Harbor Multi-C N/A Healthcare SVCS Grp Atlantic CoaST N/A Healthcare SVCS Grp Port JefferERSON N/A Healthcare Services Grp At Willow Cree N/A Healthcare Svcs Grp Inc Bronx park N/A Healthcare SVCS Grp Inc bronx park la N/A HEALTHCARE SVCS GRP CONCORD HEALTHCARE N/A HEALTHCARE SVCS GRP OAKRIDGE WEDGEWOOD N/A Hillside Manor Health N/A Hollis Park Manor N/A ocean gardens N/A HUNTINGTON HILLS CTR FOR HEALTH & REHAB N/A Jfk Hartwyck-Cedar Brook N/A Jfk Hartwyck-Edison Estates N/A King Manor Care Center N/A KING HARBOR MULTICARE CENTER N/A Laconia Nursing Home N/A Lawrence Nursing Home N/A Leisure Chateau Care Center N/A Little Neck Nursing Home N/A Livingston Ventures IncLlc N/A Long Island Care Center N/A Manhattanview Health Care Ctr N/A Manhattanville Health Care N/A Crown Heights CTR FOR NUR & REHAB N/A Meadow Park Rehabilitation N/A Meadowbrook Care Center N/A Medco Enterprises At Wayne Health Relat N/A Medco Enterprises At Bainbridge Nursing N/A Medco Enterprises At Easthaven Health N/A Medco Enterprises At Moshula Parkway N/A Medford Multi Care Center N/A Saint James HEALTHCARE CTR N/A Montgomery Nursing Home N/A Morris Park Nursing Home N/A Nassau Extended Care Center N/A New Bridgeview Company Llc N/A New Glen Oaks Nursing Home N/A New Mayfair Company Inc N/A New Midway Company Llc N/A New Vanderbilt Nursing Home N/A Northern Manhattan N/A Northern Westchester Residential N/A Nyack RIDGE REHAB NUR CTR N/A Oakridge Rehab & NURS CTR N/A Beacon Rehabilitation & Nursing Center N/A Oceanside Care Center N/A Oceanview Nursing Home N/A Oxford Nursing Home N/A Palm Gardens N/A Palm Tree Nursing Home N/A Park Avenue Extended Care N/A Park Gardens N/A Park NURSING HOME N/A Park Terrace Care CenterInc N/A Park View Nursing Home N/A Pelham Parkway Nursing Home N/A Port Chester Nursing & REHAB CTR N/A Promenade Rehabilitation N/A Putnam Nursing And Rehabilitat N/A Queens Nassau (Bc) N/A Queens Nassau (Lpn) N/A Raritan Health And Extended N/A Regeis Care Center N/A Regency Extended Care Center N/A Regency Park Gardens Nursing Center N/A Regency Park Nursing Center 3325 Route 3 N/A Rego Park Nursing Home N/A Resort Nursing Home N/A The Grand Rehab&Nursing at River Valley N/A Riverdale Nursing Home N/A Rockaway Care Center N/A Rockaway Care Center Housekeeping N/A Rockaway Care Center(Bc) N/A Rockville Nursing Center Inc N/A JOPAL ST JAMES LLC N/A Sands Point Nursing Home (Bc) N/A Seacrest Health Care Center N/A Sheepshead Nurs & REHAB CTR N/A Shoreview Nursing Home N/A Silver Lake Specialized N/A Skyview Healthcare Center N/A South Shore Healthcare N/A Split Rock Rehabilitation N/A Spring Creek NH WILLBOUGHBY REHABHCC N/A Staten Island Care Center - Lafayette Av N/A Sunharbor Manor Llc N/A Sutton Park Center For NURS & REHAB N/A Tarrytown Hall Care Center N/A Teaneck Nursing Center N/A Fordham Nursing & Rehab Center N/A Throgs Neck Extended Care N/A Townhouse Extended Care Center N/A Union Plaza Nursing Home N/A University Nursing Home N/A Verrazano Nursing Home N/A Victory Lake Nursing Center N/A Waterview Nursing Home N/A Westchester Care Center N/A Westchester Care Center (RN) N/A Williamsbridge Manor N/A Willow Creek Rehabilitation N/A Windsor Park Nursing Home N/A Woodcliff Lake Care Center N/A Woodcrest Nursing Home N/A Woodmere Rehab & HEALTHCARE CTR N/A Workmens Circle Home N/A Coral Harbor Nursing & Rehab ctr N/A Sprain Brook Manor Rehab LLC N/A Confidence MGMT SVCS - Norwood Terrace N/A Confidence MGMT Services-Cedar Park N/A White Plains Center for Care N/A Aristacare Cedar Care Center N/A Aristacare Norwood Terrace N/A ROCKVILLE SKILLED NURSING N/A DELLRIDGE CARE CENTER N/A ACADIA CENTER FOR NURSING AND REHAB N/A ATLANTIS REHAB CENTER N/A ATELIAN GLOBAL SERVICES N/A BEDFORD CTR FOR NURSING & REHABILITATION N/A BRONX PARK REHAB AND NURSING CENTER N/A CARING FAMILY NURSING AND REHAB CENTER N/A WATER'S EDGE PART JEFFERSON N/A WEDGEWOOD HEALTHCARE CENTER N/A UPPER EAST SIDE REHAB & NURSING CENTER N/A THE GRAND REHAB & NURSING AT SOUTH POINT N/A HIGHLAND VIEW CARE CENTER N/A HEALTHCARE - BURNT TAVERN N/A false false false false false false false false false false false false false true true true false true