2023-11-10T11:22:14-06:00 2022-12-31 222951202 MSPC CPAS & ADVISORS PC 340 NORTH AVENUE EAST CRANFORD NJ 070162496 990 2022-01-01 136300270 NY HOTEL TRADES COUNCIL & HOTEL ASSOC OF NYC INC TRAINING & SCHOLARSHIP NYHO 2125866400 305 WEST 44TH STREET NEW YORK NY 10036 DR DAVID JACOBSON CHIEF EXECUTIVE OFFICER 2125866400 2023-11-10 1 DR DAVID JACOBSON 999009999 1 PATRICK M TROMBETTA CPA P00450410 9082727000 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DR DAVID JACOBSON 305 WEST 44TH STREET NEW YORK NY 10036 1138481 0 X N/A X 1969 NY TO PROVIDE INDUSTRY TRAINING AND SCHOLARSHIPS TO PARTICIPANTS AND THEIR DEPENDENTS. 15 9 0 0 0 0 0 0 755810 1018546 62780 78830 0 41105 818590 1138481 232000 291563 0 0 222940 258626 0 0 0 474513 389286 929453 939475 -110863 199006 4430944 4029946 485035 421165 3945909 3608781 TO PROVIDE INDUSTRY TRAINING AND SCHOLARSHIPS TO UNION MEMBERS AND THEIR DEPENDENTS OF THE NEW YORK HOTEL TRADES COUNCIL WORKING IN THE HOTEL INDUSTRY OF NEW YORK CITY. 0 0 748036 291563 1059651 TO PROVIDE INDUSTRY TRAINING AND SCHOLARSHIPS TO UNION MEMBERS AND THEIR DEPENDENTS OF THE NEW YORK HOTEL TRADES COUNCIL WORKING IN THE HOTEL INDUSTRY OF NEW YORK CITY WHICH IS THE EXEMPT PURPOSE OF THE ORGANIZATION. 748036 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 5 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 15 9 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 228541 118270 VIJAY DANDAPANI CO-CHAIRMAN 0.10 0.60 X 0 0 0 KUBA BROWN UNION TRUSTEE 0.10 0.60 X 0 20841 10786 VANESSA MEADE UNION TRUSTEE 0.10 0.60 X 0 68140 35263 AMY BOKERMAN UNION TRUSTEE 0.10 0.60 X 0 195547 101196 JOE MESSINEO UNION TRUSTEE 0.10 0.60 X 0 120840 62534 ALYSSA TRAMPOSCH UNION TRUSTEE 0.10 0.60 X 0 60753 31440 GEORGE GREENE EMPLOYER TRUSTEE 0.10 0.60 X 0 0 0 AMY RAVITZ 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 TOM MITUZAS EMPLOYER TRUSTEE 0.10 0.60 X 0 0 0 DR DAVID JACOBSON CHIEF EXECUTIVE OFFICER 22.00 18.00 X 0 1268386 525171 JOHN HEIM CHIEF FINANCIAL OFFICER 22.00 18.00 X 0 482305 218599 LANA T VARDANIAN CHIEF MEDICAL OFFICER 29.00 11.00 X 0 466978 212622 ANDREW WINDSOR CHIEF ADMINISTRATIVE OFFIC 5.00 35.00 X 0 278623 136513 ROBERT LAFFERTY CHIEF OPERATING OFFICER 5.00 35.00 X 0 239546 93423 0 3430500 1545817 0 0 1 0 0 EMPLOYERS' CONTRIBUTIO 900099 817246 817246 DONATIONS 900099 201300 201300 1018546 78830 78830 FORGIVENESS OF PPP LOA 900099 41105 41105 41105 1138481 1059651 0 78830 291563 291563 189434 136955 52479 54348 41560 12788 14844 10789 4055 76224 76224 16123 16123 8020 8020 17007 17007 65806 63113 2693 204056 204056 2050 2050 939475 748036 191439 0 268160 61445 383061 161611 66222 74324 7998 10303 4821108 4692454 204590 128654 3500913 3593609 4430944 4029946 27930 26711 457105 394454 485035 421165 X 3945909 3608781 3945909 3608781 4430944 4029946 199006 -536134 0 X X 0 1 X 1 0 X 4569297 4554556 14741 251811 137898 113913 128654 DUE TO AFFILIATES 3454 SCHOLARSHIP PAYABLE 391000 394454 X 602347 -536134 -536134 1138481 0 1138481 964475 0 964475 -25000 -25000 939475 PART X, LINE 2: THE PLAN OBTAINED A FAVORABLE TAX DETERMINATION LETTER, IN WHICH THE INTERNAL REVENUE SERVICE STATED THAT THE PLAN, AS THEN DESIGNED, WAS IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE INTERNAL REVENUE CODE ("IRC"). THE PLAN HAS BEEN AMENDED SINCE RECEIVING THE DETERMINATION LETTER. HOWEVER, THE PLAN ADMINISTRATOR AND THE PLAN'S TAX COUNSEL BELIEVE THAT THE PLAN IS DESIGNED AND IS CURRENTLY BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC. 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 PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. PLAN MANAGMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGREES. PART XII, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN BENEFIT OBLIGATIONS -25,000. 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THROUGH THE WEEKLY HOTEL VOICE NEWSPAPER 1 GRANT REVENUE SCHOLARSHIPS FOR DEPENDENT CHILDREN OF MEMBERS FOR FINANCIAL ASSISTANCE TO FURTHER THEIR EDUCATION AT FOUR-YEAR COLLEGES OR UNIVERSITIES. PART I, LINE 2: SCHOLARSHIP RECIPIENTS MUST SUBMIT AN OFFICIAL LETTER VERIFYING ATTENDANCE OR A BURSARS RECEIPT FROM THEIR COLLEGE EVERY YEAR IN ORDER TO MAINTAIN RECEIPT OF THE AWARD. SCHOLARSHIP PAYMENTS ARE MADE UPON RECEIPT OF THE ATTENDANCE VERIFICATION. SELECTION OF THE SCHOLARSHIP RECIPIENTS IS MADE BY AN INDEPENDENT SELECTION COMMITTEE. X 0 0 0 0 0 0 0 0 0 DR DAVID JACOBSON CHIEF EXECUTIVE OFFICER 0 1268386 0 0 0 0 0 163681 0 361490 0 1793557 0 0 JOHN HEIM CHIEF FINANCIAL OFFICER 0 482305 0 0 0 0 0 81142 0 137457 0 700904 0 0 LANA T VARDANIAN CHIEF MEDICAL OFFICER 0 466978 0 0 0 0 0 79533 0 133089 0 679600 0 0 ANDREW WINDSOR CHIEF ADMINISTRATIVE OFFIC 0 278623 0 0 0 0 0 57105 0 79408 0 415136 0 0 RICHARD MAROKO CO-CHAIRMAN 0 228541 0 0 0 0 0 53136 0 65134 0 346811 0 0 ROBERT LAFFERTY CHIEF OPERATING OFFICER 0 239546 0 0 0 0 0 25152 0 68271 0 332969 0 0 AMY BOKERMAN UNION TRUSTEE 0 195547 0 0 0 0 0 45465 0 55731 0 296743 0 0 JOE MESSINEO UNION TRUSTEE 0 120840 0 0 0 0 0 28095 0 34439 0 183374 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 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 COMPENSATION FOR THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES ARE SUBJECT TO ANNUAL 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 A COPY OF ITS 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. NYHTC ASSN OF NYC INC - HEALTH BENEFITS FUND 305 WEST 44TH STREET NEW YORK NY 10036 131531223 TO PROVIDE MEDICAL BENEFITS NY 501(C)(9) N/A 0 NYHTC ASSN 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 NYHTC ASSN OF NYC INC - PREPAID LEGAL SVCS FUND 305 WEST 44TH STREET NEW YORK NY 10036 133418414 TO PROVIDE LEGAL ASSISTANCE NY 501(C)(9) N/A 0 NYHTC 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 NYHTC ASSN OF NYC INC - 401(K) SAVINGS PLAN 305 WEST 44TH STREET NEW YORK NY 10036 134178178 TO PROVIDE RETIREMENT BENEFITS NY 1 401-1(B)(3) N/A 0 NYHTC ASSN OF NYC INC - STAFF RETIREMENT PLAN 305 WEST 44TH STREET NEW YORK NY 10036 131912520 TO PROVIDE RETIREMENT BENEFITS NY 1 401-1(B)(3) N/A 0 NYHTC ASSN OF NYC INC - STAFF INSURANCE FUND 305 WEST 44TH STREET NEW YORK NY 10036 131531223 TO PROVIDE INSURANCE BENEFITS NY 501(C)(9) N/A 0 NYHTC ASSN 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 NYHTC ASSN 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 0 1 1 0 NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC HEALTH BENEFITS FUND R 19371 CONTRIBUTIONS AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC PREPAID LEGAL SERVICES FUND R 753 CONTRIBUTIONS AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC PENSION FUND R 3361 CONTRIBUTIONS AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC STAFF RETIREMENT FUND R 9735 CONTRIBUTIONS AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC STAFF INSURANCE FUND R 21128 CONTRIBUTIONS AGREEMENT NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC HEALTH BENEFITS FUND Q 1533 PER COST ALLOCATION STUDY NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC HEALTH CENTER INC Q 222043 PER COST ALLOCATION STUDY