2024-11-06T14:01:38-06:00 2023-12-31 222951202 MSPC CPAS & ADVISORS PC 340 NORTH AVENUE EAST CRANFORD NJ 070162496 990 2023-01-01 384105519 HOTEL TRADES COUNCIL AFL-CIO AND HOTEL ASSOCIATION OF NEW YORK CITY LMCTF HOTE 2125866400 305 WEST 44TH STREET NEW YORK NY 10036 DR DAVID JACOBSON CHIEF EXECUTIVE OFFICER 2125866400 2024-11-06 1 1 PATRICK M TROMBETTA CPA P00450410 9082727000 2023 2024-10-15 13:58:12Z DR DAVID JACOBSON 305 WEST 44TH STREET NEW YORK NY 10036 1167681 0 X HOTELFUNDS.ORG X 2019 NY TO ENHANCE THE RELATIONSHIP BETWEEN HOTEL OWNERS AND OPERATORS AND UNION EMPLOYEES WORKING AT THE HOTELS. SPECIFICALLY, IT IS DESIGNED TO IMPROVE COMMUNICATIONS BETWEEN REPRESENTATIVES OF LABOR AND MANAGEMENT WITH RESPECT TO MATTERS THAT ARE IMPORTANT FOR THE OPERATION OF HOTELS FROM EACH OF THE MANAGEMENT AND LABOR SIDE IDENTIFYING AND EXPLAINING AREAS OF IMPROVEMENT. 10 4 4 0 0 0 0 0 790458 1107732 17850 59949 370 0 808678 1167681 0 0 0 0 21483 69774 0 0 0 23863 52459 45346 122233 763332 1045448 1949877 3102721 23492 6500 1926385 3096221 X TO ENHANCE THE RELATIONSHIP BETWEEN HOTEL OWNERS AND OPERATORS AND UNION EMPLOYEES WORKING AT THE HOTELS. SPECIFICALLY, IT IS DESIGNED TO IMPROVE COMMUNICATIONS BETWEEN REPRESENTATIVES OF LABOR AND MANAGEMENT WITH RESPECT TO MATTERS THAT ARE IMPORTANT FOR THE OPERATION OF HOTELS FROM EACH OF THE MANAGEMENT AND LABOR SIDE IDENTIFYING AND EXPLAINING AREAS OF IMPROVEMENT. 0 0 (A) TO IMPROVE COMMUNICATION BETWEEN THE REPRESENTATIVES OF LABOR AND MANAGEMENT.(B) TO PROVIDE WORKERS & EMPLOYERS WITH OPORTUNITIES TO STUDY NEW APPROACHES TO ACHIEVE ORGANIZATIONAL EFFECTIVENESS.(C) TO ASSIST WORKERS & EMPLOYERS IN SOLVING PROBLEMS OF MUTUAL CONCERN. 0 0 0 0 0 0 0 0 0 0 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 10 0 1 4 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 4 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 X FUNDS OFFICE 2125866400 305 WEST 44TH STREET NEW YORK NY 10036 DR DAVID JACOBSON CHIEF EXECUTIVE OFFICER 0.80 39.20 X 0 1694700 690934 JOHN HEIM CHIEF FINANCIAL OFFICER 1.40 38.40 X 0 490823 221420 RICHARD MAROKO CO-CHAIRMAN 0.10 0.60 X 0 297571 178957 VIJAY DANDAPANI CO-CHAIRMAN 0.10 0.60 X 0 0 0 KUBA BROWN UNION TRUSTEE 0.10 0.60 X 0 21810 11614 VANESSA MEADE UNION TRUSTEE 0.10 0.60 X 0 77952 41510 AMY BOKERMAN UNION TRUSTEE 0.10 0.60 X 0 213228 113544 JOE MESSINEO UNION TRUSTEE 0.10 0.60 X 0 126060 67127 ALYSSA TRAMPOSCH UNION TRUSTEE 0.10 0.60 X 0 72028 38355 GEORGE GREENE EMPLOYER TRUSTEE 0.10 0.60 X 0 0 0 WEI HUANG EMPLOYER TRUSTEE 0.10 0.60 X 0 0 0 JOSEPH DELLI SANTI EMPLOYER TRUSTEE 0.10 0.60 X 0 0 0 0 2994172 1363461 0 0 1 0 0 EMPLOYERS' CONTRIBUTIO 900099 1107732 1107732 1107732 59949 59949 1167681 1107732 0 59949 52238 13562 3974 12568 7104 20000 595 568 9434 1025 MISCELLANEOUS EXPENSE 975 BANK CHARGES 190 122233 231941 370025 75932 102722 759 337 1641245 2625584 0 4053 1949877 3102721 6500 6500 16992 0 23492 6500 X 1926385 3096221 1926385 3096221 1949877 3102721 1045448 124388 0 X X 0 1 X 1 0 0 X 1292069 124388 124388 1167681 0 1167681 122233 0 122233 0 122233 PART X, LINE 2: THE FUND OBTAINED ITS LATEST DETERMINATION LETTER ON OCTOBER 3, 2019, IN WHICH THE INTERNAL REVENUE SERVICE (IRS) STATES THAT THE FUND, AS THEN DESIGNED, WAS IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC. THE FUND HAS BEEN AMENDED SINCE RECEIVING THE DETERMINATION LETTER. HOWEVER, THE FUND'S MANAGEMENT BELIEVES THAT THE FUND IS CURRENTLY DESIGNED AND BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE FUND MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FUND AND RECOGNIZE A TAX LIABILITY IF THE FUND HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE FUND IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. X 0 0 0 DR DAVID JACOBSON CHIEF EXECUTIVE OFFICER 0 1694700 0 0 0 0 0 207944 0 482990 0 2385634 0 0 JOHN HEIM CHIEF FINANCIAL OFFICER 0 490823 0 0 0 0 0 81536 0 139884 0 712243 0 0 RICHARD MAROKO CO-CHAIRMAN 0 297571 0 0 0 0 0 97125 0 81832 0 476528 0 0 AMY BOKERMAN UNION TRUSTEE 0 213228 0 0 0 0 0 54906 0 58638 0 326772 0 0 JOE MESSINEO UNION TRUSTEE 0 126060 0 0 0 0 0 32460 0 34667 0 193187 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY IS PROVIDED TO AN OFFICER UPON ITS FILING, INFORMATION IS GATHERED BY AUDITORS VIA YEAR END AUDIT FINDINGS WHICH ARE DISCUSSED WITH MANAGEMENT PRIOR TO PREPARATION OF THE FORM 990. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUEMNTS, FINANCIAL STATEMENTS, ETC. ARE PROVIDED TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE BOARD OF TRUSTEES ASSUMES THE RESPONSBILITY FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. 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 - TRAINING & SCHOLARSH 305 WEST 44TH STREET NEW YORK NY 10036 136300270 TO PROVIDE INDUSTRY TRAINING & SCHOLARSHIPS NY 501(C)(3) 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 Q 15971 PER COST ALLOCATION STUDY NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC HEALTH CENTER INC Q 58000 PER COST ALLOCATION STUDY NY HOTEL TRADES COUNCIL & HOTEL ASSN OF NYC INC HEALTH CENTER INC R 13562 CONTRIBUTIONS AGREEMENT