2012-08-08T14:17:41-05:00 2011-12-31 113264776 ARMAO COSTA & RICCIARDI CPA'S PC 1055 FRANKLIN AVENUE SUITE 204 GARDEN CITY NY 11530 990 2011-01-01 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 DRROBERT GREENSPAN 2125866400 2012-08-08 1 SALVATORE J ARMAO P00065983 5162563200 2011 2016-02-24 21:20:13Z DRROBERT GREENSPAN 305 WEST 44TH STREET NEW YORK NY 10036 318246533 0 X HOTELFUNDS.ORG X 1944 NY TO PROVIDE MEDICAL, DENTAL, HOSPITALIZATION AND LIFE INSURANCE BENEFITS TO PARTICIPANTS 14 14 92 0 0 0 0 0 279745845 302732959 2078462 2050826 1639840 1328002 283464147 306111787 0 0 246383900 279198362 21684527 28635144 0 0 0 14801653 15232247 282870080 323065753 594067 -16953966 139131743 113867023 33126017 25617282 106005726 88249741 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 1 0 1 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 0 1 145 0 1 92 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 W 44TH STREET NEW YORK NY 10036 JOSEPH SPINNATO 0.10 X 0 0 0 PETER WARD 0.10 X 0 0 0 CHRIS CUSACK 0.10 X 0 0 0 GEORGE GREENE 0.10 X 0 0 0 JAMES DONOVAN 0.10 X 0 0 0 LARRY MCNEIL 0.10 X 0 0 0 LYNN HOFFARD 0.10 X 0 0 0 MICHAEL GADALETA 0.10 X 0 35150 14079 MICHAEL GOODWIN 0.10 X 0 0 0 XAVIER LIVIDINI 0.10 X 0 0 0 GEOFFREY MILLS 0.10 X 0 0 0 TOM MITUZAS 0.10 X 0 0 0 NANCY CASTILLO 0.10 X 0 0 0 JENNIFER RINCK 0.10 X 0 0 0 DR ROBERT GREENSPAN 11.40 X 213289 537999 204339 HARRY VERAS 19.00 X 138905 152448 107753 VINCENT JARVIS 18.00 X 111971 132893 97963 GLENN HIRSCH 14.70 X 86177 148053 93711 SERGE SAADOUN 21.40 X 104537 90952 78213 ANDREW WINDSOR 20.00 X 78931 78440 62967 EVA RODRIGUEZ 4.00 X 19130 156950 70449 ANDREW J STEWART 20.80 X 78249 72565 60343 ANN SALAMONE 40.00 X 172767 0 69125 EDWARD POON 40.00 X 153149 0 61277 WILLIAM TORRES 1.60 X 5600 133155 55520 KHAMSY KHOWONG 40.00 X 139245 0 55715 1301950 1538605 1031454 63 0 1 0 PITTA & GIBLIN 120 BROADWAY 28TH FLOOR NEW YORK NY 10271 ATTORNEY 472522 NETWORK AND COMPANY 433 5TH AVENUE 6TH FLOOR NEW YORK NY 10016 EMPLOYMENT AGENCY 327388 AUTOMATIC DATA PROCESSING INC 99 JEFFERSON ROAD PARSIPPANY NJ 07054 PAYROLL PROCESSING 321486 KANE KESSLER PC 1350 AVENUE OF THE AMERICAS NEW YORK NY 10019 ATTORNEY 248668 MOMENTUM RESOURCE SOLUTIONS LLC 1090 KING GEORGES POST ROAD EDISON NJ 08837 EMPLOYMENT AGENCY 215193 10 EMPLOYER CONTRIBUTIONS 900099 291756206 291756206 MEDICARE REIMBURSEMENT 900099 9294952 9294952 PARTICIPANT CONTRIBUTI 900099 1681801 1681801 302732959 1345975 1345975 12839597 12134746 704851 704851 704851 MISCELLANEOUS REVENUE 900099 695171 695171 PHARMACEUTICAL REBATES 900099 632831 632831 1328002 306111787 304060961 0 2050826 279198362 1022657 20017091 3803247 2189998 1602151 750969 463557 18976 214994 6522 642354 507859 1244142 17788 7449 364917 950605 408744 CONSULTATION AND SURGER 4340668 LABORATORY 1801095 CHEMICALS AND SUPPLIES 1160252 TEMPORARY SERVICES 735693 1595663 323065753 11591305 1142351 1802269 417465 29553245 31008652 1854772 1834431 933647 1000015 15783113 11629368 5038856 4153745 60521810 46774158 27835839 27536206 139131743 113867023 24529922 21202462 8596095 4414820 33126017 25617282 X 0 0 0 0 106005726 88249741 106005726 88249741 139131743 113867023 X -16953966 -802019 X 0 1 0 X 0 1668068 706002 962066 6810303 5335790 1474513 7304742 5587576 1717166 4153745 VANGUARD-SHORT TERM BOND INDEX FD 8058806 F VANGUARD-INTL GROWTH FD - ADMIRAL 4054428 F VANGUARD-TOTAL STOCK MKT INDEX FD 23730864 F VANGUARD-TOTAL BOND MKT INDEX FD 9758916 F VANGUARD-PRIME MONEY MKT - INST SHS 1171144 F 46774158 PREPAID BENEFITS 26062545 DUE FROM RELATED FUNDS 1473661 27536206 306111787 323065753 -16953966 -802019 -802019 -17755985 305290792 -802019 -802019 306092811 18976 18976 306111787 310161992 1865804 1865804 308296188 18976 14750589 14769565 323065753 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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 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 2008. PART XIII, LINE 2D: CHANGE IN THE BENEFITS PAYABLE FROM PRIOR YEAR TO CURRENT YEAR, $1,865,804 PART XIII, LINE 4B: RESTATEMENT OF PRIOR YEAR NET ASSETS FOR CHANGE IN CLAIMS PAYABLE, $14,750,589 X 0 1 0 DR ROBERT GREENSPAN 213289 537999 0 0 0 0 13215 33335 44796 112993 271300 684327 0 0 HARRY VERAS 138905 152448 0 0 0 0 22193 24357 29179 32024 190277 208829 0 0 VINCENT JARVIS 111971 132893 0 0 0 0 21274 25250 23522 27917 156767 186060 0 0 GLENN HIRSCH 86177 148053 0 0 0 0 16374 28130 18104 31103 120655 207286 0 0 SERGE SAADOUN 104537 90952 0 0 0 0 19862 17281 21962 19108 146361 127341 0 0 ANDREW WINDSOR 78931 78440 0 0 0 0 14997 14904 16585 16481 110513 109825 0 0 EVA RODRIGUEZ 19130 156950 0 0 0 0 3635 29820 4019 32975 26784 219745 0 0 ANDREW J STEWART 78249 72565 0 0 0 0 14867 13787 16442 15247 109558 101599 0 0 ANN SALAMONE 172767 0 0 0 0 0 32826 0 36299 0 241892 0 0 0 EDWARD POON 153149 0 0 0 0 0 29098 0 32179 0 214426 0 0 0 WILLIAM TORRES 5600 133155 0 0 0 0 1064 25299 1177 27980 7841 186434 0 0 KHAMSY KHOWONG 139245 0 0 0 0 0 26456 0 29259 0 194960 0 0 0 PART I, LINE 4B DR. ROBERT GREENSPAN -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 11 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 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -802,019. NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC PENSION FUND 305 WEST 44TH STREET NEW YORK NY 10036 131764242 TO PROVIDE RETIREMENT BENEFITS NY 401 N/A 0 NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC PREPAID LEGAL 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 ASSN OF NYC INC ITPSCHOLARSHIP FUND 305 WEST 44TH STREET NEW YORK NY 10036 136300270 TO PROVIDE INDUSTRY TRAINING AND SCHOLARSHIPS NY 501(C)(3) LINE 2 N/A 0 NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC HEALTH CENTER INC 305 WEST 44TH STREET NEW YORK NY 10036 131595091 TO PROVIDE MEDICAL AND SURGICAL CARE NY 501(C)(9) N/A 0 NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC STAFF RETIREMENT PLAN 305 WEST 44TH STREET NEW YORK NY 10036 131912520 TO PROVIDE RETIREMENT BENEFITS NY 401 N/A 0 NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC 401(K) SAVINGS PLAN 305 WEST 44TH STREET NEW YORK NY 10036 134178178 TO PROVIDE RETIREMENT BENEFITS NY 401 N/A 0 NY HOTEL TRADES COUNCIL & AFFILIATED LOCALS 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 0 0 0 1 1 0 0 0 0 0 0 0 1 1 1 1 1 1 NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC HEALTH CENTER INC O 4962690 COST ALLOCATION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC HEALTH CENTER INC P 1094798 COST ALLOCATION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC PENSION FUND Q 101169 9% OF EMPLOYEES SALARIES NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC PREPAID LEGAL FUND P 62049 COST ALLOCATION AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC 401(K) SAVINGS PLAN Q 150570 10% OF EMPLOYEES SALARIES NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC PENSION FUND P 403609 COST ALLOCATION AGREEMENT NY HOTEL TRADES COUNCIL & AFFILIATED LOCALS STAFF INSURANCE FUND P 5962312 COST ALLOCATION AGREEMENT NY HOTEL TRADES COUNCIL & AFFILIATED LOCALS STAFF INSURANCE FUND Q 267119 CONTRIBUTION AGREEMENT