2018-11-15T13:48:17-06:00 2017-12-31 KPMG LLP 345 Park Avenue New York NY 101540102 990 2017-01-01 136125570 1199SEIU Greater New York Benefit Fund % SAMUEL HELLER CFO 1199 6464736336 PO BOX 842 NEW YORK NY 10108 SAMUEL HELLER CFO 6464736336 2018-11-15 true DAVID M HIGHFILL P01517891 2127589700 2018-11-15 167.68.102.5 13407320183195000061 2018-11-15 P 90BF892018D37BB4E268382604043C103DADABAA DA4F556549C95AEC1A4590AB9843AE87D4A12B12 2017 2019-02-21 02:37:17Z MITRA BEHROOZI 330 WEST 42ND STREET 31ST FL NEW YORK NY 10036 187067948 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 0 0 0 193609482 183980326 950360 2511346 714653 576276 195274495 187067948 0 0 174005467 176759915 8072100 8442725 0 0 0 7309968 7900306 189387535 193102946 5886960 -6034998 154648166 180164474 38140831 60722518 116507335 119441956 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 SEE SCHEDULE O. 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 false false false false false false false false false false false false true false false true X 6326 0 true 0 false true IS CO MY IN HU 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 X SAMUEL HELLER CFO 6464736365 330 WEST 42ND STREET 28TH FLOOR NEW YORK NY 10108 X MICHAEL BALBONI EMPLOYER TRUSTEE 1.0 5.0 X 0 0 0 WILLIAM PASCOCELLO EMPLOYER TRUSTEE 1.0 5.0 X 0 0 0 ROBIN ROSEN EMPLOYER TRUSTEE 1.0 5.0 X 0 0 0 HOWARD SUKOFF EMPLOYER TRUSTEE 1.0 0.0 X 0 0 0 DOUG WISSMANN EMPLOYER TRUSTEE 1.0 3.0 X 0 0 0 YVONNE ARMSTRONG UNION TRUSTEE 1.0 5.0 X 0 0 0 MARIA CASTANEDA UNION TRUSTEE 1.0 1.0 X 0 0 0 Allan Sherman UNION TRUSTEE 1.0 5.0 X 0 0 0 MILLY SILVA UNION TRUSTEE 1.0 3.0 X 0 0 0 Julio Vives UNION TRUSTEE 1.0 1.0 X 0 0 0 Noreen Wray Union Trustee 1.0 1.0 X 0 0 0 Ronald McCalla Union Trustee 1.0 0.0 X 0 0 0 MITRA BEHROOZI EXECUTIVE OFFICER 2.0 1.0 X 42018 26431 28276 LORRAINE MONCHAK CHIEF INVESTMENT OFFICER 2.0 1.0 X 63846 40161 43843 VAN DUNN CHIEF MEDICAL OFFICER 2.0 1.0 X 23686 14899 16270 KATHERINE BOTLEY BENEFITS CHIEF OF STAFF 2.0 1.0 X 20089 12637 13749 DONNA REY CHIEF OPERATING OFFICER 2.0 1.0 X 31206 18891 20368 MARIA ACOSTA CHIEF FINANCIAL OFFICER 2.0 1.0 X 12224 7400 8589 193069 120419 131095 0 false false false AETNA PO BOX 13049 NEWARK NJ 07188 CLAIMS PROCESSING 1052590 MEDCO HEALTH SOLUTIONS INC PO BOX 945551 ATLANTA GA 30394 CLAIM PROCESSING 618499 CAREALLIES 5144 COLLECTION CENTER DRIVE CHICAGO IL 60693 CLAIMS PROCESSING 403980 DD SERVICES INC 1640 HEMPSTEAD TURNPIKE EAST MEADOW NY 11554 CLAIMS ADMINISTRATOR 305454 MEYER SUOZZI ENGLISH KLEIN 990 STEWART AVENUE PO BOX 9194 GARDEN CITY NY 11530 LEGAL 243707 9 0 EMPLOYER CONTRIBUTION 900099 160066171 160066171 COBRA 900099 282892 282892 EMPLOYER DELINQUENCIES 900099 728815 728815 MEMBER SPOUSAL CONTRIBUTIONS 900099 3539834 3539834 ADVANCE TRAINING INITIATIVE 900099 19362614 19362614 183980326 638254 638254 0 0 0 0 0 1873092 1873092 1873092 1873092 0 0 0 0 0 0 0 0 0 OTHER INCOME 576276 576276 576276 187067948 183980326 3087622 X 0 0 0 176759915 0 273804 0 5372742 578130 1824523 393526 0 451081 94295 0 0 259177 429521 0 836103 217518 0 2892198 0 0 0 0 0 0 145767 3RD PARTY ADMIN PRESCRIPTION 2185600 MANAGED CARE PRECERT 389046 193102946 0 X 9635202 6302595 0 0 0 0 35739080 35850854 0 0 0 0 0 0 0 0 22614 22614 0 0 22406790 31549552 76707076 92698939 0 0 0 0 10137404 13739920 154648166 180164474 1011840 1214635 0 0 0 0 0 0 0 0 0 0 0 0 0 0 37128991 59507883 38140831 60722518 X 116507335 119441956 0 0 0 0 116507335 119441956 154648166 180164474 X -6034998 10234132 -1264513 X false true X true false FIXED INCOME COMMINGLED FUNDS 60086798 F SHORT TERM INVESTMENT FUND 3983554 F HEDGE FUNDS 28628587 F 92698939 MEMBER SPOUSAL CONTRIBUTIONS 331192 DUE FROM PHARM. BENEFIT MGRS 7144707 DUE FROM RELATED ENTITIES 10812 DUE FROM BROKERS 6253209 13739920 0 DUE TO RELATED PARTIES 18391594 BENEFIT OBLIGATIONS 28009640 DUE TO BROKERS 6294776 DEFERRED CONTRIBUTIONS 6811873 59507883 X 197042903 10234132 10234132 186808771 259177 259177 187067948 192843769 192843769 259177 259177 193102946 FIN 48 FOOTNOTE FORM 990, SCHEDULE D, PART X, LINE 2 U.S. GAAP REQUIRES 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, 2017, 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 INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2014. program service accomplishments FORM 990, PART III, LINE 4A 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 2017 THE ORGANIZATION PROVIDED HEALTH AND WELFARE BENEFITS TO 22,997 MEMBERS. 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 THEREFORE 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. 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 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. Other changes in net assets Form 990, Part XI, Line 9 Change in benefit obligation: (1,264,513) 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)(5) 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 Bedford Ctr for Nursing & Rehabilitation N/A Arbor Glen Care N/A Arnold Walter Nursing Home N/A Atlantic Coast Rehabilitation N/A The Phoenix Northport Residential N/A Atrium Center for Rehabilitation & Nursi N/A South Point Plaza Nursing & Rehab Ctr 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 Bronx Center for Rehab na 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 Cinnaminson Center 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 Team Pay Healthcare LLC Livingston N/A Concord Healthcare & Rehab Ctr N/A Confidence Management At Regency Park N/A Confidence MGMT Services - Crystal Lake N/A Confidence MGMT Services - Hamilton Park na Cortlandt Healthcare N/A Cranbury Center N/A Cranford Health And Extended N/A Creative Management-National N/A Crown Nursing (Housekeeping) N/A Crown Nursing And N/A Crystal Lake Health Care N/A Daleview Nursing Home N/A Delaire Nursing And Convalesce N/A Dewitt Rehabilitation And N/A The Pavilion Queens Rehab&Nursing LLC N/A Eastchester Rehabilitation N/A Emerson Health Care Center 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 N/A Parkshore N/A Franklin Center For Rehab N/A Friedwald House N/A Fulton Commons Care Center N/A Glengariff Corporation N/A Goldcrest Nursing Home N/A Golden Gate Rehabilitation And N/A Grandell Nursing And N/A Green Knoll PKA Harborside N/A Hamilton Park Health Care N/A Hampton Center for Rehabilitation and Nu 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-Jfk Hartwyck N/A Health Care-King Manor N/A Health Care-Wanaque N/A Healthcare at Green Knoll Health Care Ce N/A Healthcare Group At Kings Harbor Multi-C N/A Healthcare Services Group Atlantic Coa N/A Healthcare Services Group At Port Jeffer N/A Healthcare Services Group At Willow Cree N/A Healthcare Services Group Inc Bronx N/A Healthcare Services Group Inc at Arbor N/A Healthcare Services Group Inc at Cinna N/A Healthcare Services Group Inc at Cranb N/A Healthcare Svs Group Inc Holly manor N/A Healthcare Services Group Inc at Ingle N/A Healthcare SVCS Group Inc Marcella N/A Healthcare SVCS Group Inc Morriss N/A Healthcare SVCS Group Inc Park Place N/A Healthcare SVCS Group Inc at Ridgewood N/A Healthcare SVCS GroupInc South Ocean N/A Healthcare SVCS Group Inc Troy Hills N/A Healthcare Svcs Group Inc Voorhegs N/A Healthcare SVCS Group Inc Westfield 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 Holly Manor N/A Horizon Care Center N/A East Northport Res Healthcare Facility N/A Inglemoor Nursing Home N/A Jfk Hartwyck-Cedar Brook N/A Jfk Hartwyck-Edison Estates N/A King Manor Care Center N/A The citadel Rehab&Nurs Ctr Kingbridge 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 Marcella Center N/A Crown Heights 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 Jopal at Saint James N/A Montgomery Nursing Home N/A Morris Hills 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 Surfside Nursing Home N/A New Vanderbilt Nursing Home N/A Northern Manhattan N/A Northern Westchester Residential N/A Nyack Manor Nursing Home N/A Oakridge Rehabilitation & 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 house N/A Park Place N/A Park Terrace Care CenterInc N/A Park View Nursing Home N/A Pelham Parkway Nursing Home N/A Port Chester Nursing And 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 Ridgewood Nursing Home N/A The Grand Rehab&Nursing at River Valley N/A Riverdale Nursing Home N/A Riverhead 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 Mills Pond Nursing & Rehab Center N/A Sands Point Nursing Home (Bc) N/A Seacrest Health Care Center N/A Sheepshead Nursing And N/A Shoreview Nursing Home N/A Silver Lake Specialized N/A Skyview Healthcare Center N/A South Shore Healthcare N/A Southern Ocean N/A Split Rock Rehabilitation N/A Spring Creek N/A Staten Island Care Center - Lafayette Av N/A Sunharbor Manor Llc N/A Sutton Park Center For N/A Tarrytown Hall Care Center N/A Teaneck Nursing Center N/A Temco Service Industries Inc N/A Fordham Nursing & Rehab Center N/A Throgs Neck Extended Care N/A Townhouse Extended Care Center N/A Troy Hills 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 Voorhees Center N/A Glen-Haven Res Health Care Facility Inc N/A Waterview Nursing Home N/A Westchester Care Center N/A Westchester Care Center (RN) N/A Westfield Center N/A Bronx Park Center for Rehab 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 Rehabilitation And N/A Workmens Circle Home N/A Magestic Rehab & Nursing Center Inc N/A Brimstone Allon Ent LLc - Rehab River N/A Brimstone Allon Ent - LLC (Cranford) 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 SBM Site Services LLC N/A DELLRIDGE CARE CENTER NA ROCKVILLE SKILLED NURSING N/A false false false false false false false false false false false false false true true true false true