2025-11-17T12:30:53-06:00 2024-12-31 750786316 WEAVER AND TIDWELL LLP ONE PENNSYLVANIA PLAZA STE 2800 NEW YORK NY 10119 990 2024-01-01 134197609 HEALTHCARE INDUSTRY GRANT CORPORATION HEAL 6464736656 PO BOX 842 NEW YORK NY 10108 MERCEDES MAMBRU CHIEF FINANCIAL OFFICER 6464736656 2025-11-17 1 0 MATTHEW SIMON CPA P01306208 2126955003 2024 2025-03-06 01:10:19Z MERCEDES MAMBRU 498 SEVENTH AVENUE 9TH FLOOR NEW YORK NY 10018 2823959 0 X WWW.1199SEIUBENEFITS.ORG/TRAINING X 2002 NY HEALTHCARE INDUSTRY GRANT CORPORATION DEVELOPS EDUCATIONAL AND TRAINING GRANT OPPORTUNITIES TO IMPROVE WORKING CONDITIONS AND FOSTER ECONOMIC DEVELOPMENT IN THE HEALTH CARE INDUSTRY. 16 16 0 16 0 0 1022638 2823959 0 0 0 0 0 0 1022638 2823959 0 0 0 0 432994 494171 0 0 0 638099 2350096 1071093 2844267 -48455 -20308 5999095 2717500 5823752 2562465 175343 155035 HEALTHCARE INDUSTRY GRANT CORPORATION DEVELOPS EDUCATIONAL AND TRAINING GRANT OPPORTUNITIES TO IMPROVE WORKING CONDITIONS AND FOSTER ECONOMIC DEVELOPMENT IN THE HEALTH CARE INDUSTRY. 0 0 2823959 2823959 HIGC DEVELOPS EDUCATIONAL AND TRAINING GRANT OPPORTUNITIES TO IMPROVE WORKING CONDITIONS AND FOSTER ECONOMIC DEVELOPMENT IN THE HEALTHCARE INDUSTRY. 2823959 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 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 0 0 1 0 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NY X MERCEDES MAMBRU 6464736656 498 SEVENTH AVE 9TH FLOOR NEW YORK NY 10018 GEORGE GRESHAM DIRECTOR 1.00 6.00 X 0 0 0 MARC LEFF DIRECTOR 1.00 5.00 X 0 0 0 JOYCE NEIL PAST - DIRECTOR 1.00 6.00 X 0 0 0 VERONICA TURNER DIRECTOR 1.00 6.00 X 0 0 0 BARBARA LOGAN DIRECTOR 1.00 6.00 X 0 0 0 MARC KRAMER DIRECTOR 1.00 8.00 X 0 0 0 DAVID BRODSKY DIRECTOR 1.00 4.00 X 0 0 0 JEFFERY COHEN DIRECTOR 1.00 7.00 X 0 0 0 ROBERT L OLIVER DIRECTOR 1.00 5.00 X 0 0 0 JACQUELINE ALLEYNE DIRECTOR 1.00 6.00 X 0 0 0 JANICE REYES-TUTIVEN DIRECTOR 1.00 2.00 X 0 0 0 LUCY CHEN DIRECTOR 1.00 1.00 X 0 0 0 SEAN MOORE DIRECTOR 1.00 4.00 X 0 0 0 AARON KRANICH DIRECTOR 1.00 2.00 X 0 0 0 MICHELLE FLOURNOY DIRECTOR 1.00 X 0 0 0 BRIAN MORSE DIRECTOR 1.00 X 0 0 0 DANIEL RATNER DIRECTOR 1.00 8.00 X 0 0 0 SANDI VITO EXECUTIVE DIRECTOR 1.00 31.00 X 0 400114 196148 MERCEDES MAMBRU CFO 1.00 31.00 X 0 509785 273072 DANIEL BUSTILLO DEPUTY EXECUTIVE DIRECTOR 1.00 31.00 X 0 214412 112415 0 1124311 581635 0 0 1 0 0 2823959 2823959 2823959 0 0 0 494171 494171 STIPEND AND SUBSIDIES 1483172 1483172 TUITION AND INSTRUCTION 790026 790026 NON-PERSONNEL ADMINISTR 56271 56271 OTHER ADMIN EXPENSE 20308 20308 319 319 2844267 2823959 20308 0 3998180 479891 1265391 923547 735524 1314062 5999095 2717500 210694 725078 838591 506563 4774467 1330824 5823752 2562465 X 175343 155035 175343 155035 5999095 2717500 -20308 0 X X 0 1 X 1 0 X 3641890 324524 446959 1022638 2823959 8259970 3641890 324524 446959 1022638 2823959 8259970 8259970 8259970 1.00000 0.99360 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE FROM AFFILIATES 1258462 RECEIVABLES FROM AFFILIATES FOR POTENTIAL GRANT DISALLOWANCES 55600 1314062 DUE TO AFFILIATES 1275224 CONTINGENCIES FOR POTENTIAL GRANT DISALLOWANCES 55600 1330824 X 2823959 0 2823959 0 2823959 2844267 0 2844267 0 2844267 PART X, LINE 2: U.S. GAAP REQUIRES THE CORPORATION'S MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE CORPORATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE CORPORATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CORPORATION, AND CONCLUDED THAT AS OF DECEMBER 31, 2024 AND 2023 THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE CORPORATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO FEDERAL INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2021. 0 0 0 0 0 0 0 0 0 MERCEDES MAMBRU CFO 0 430163 0 0 0 79622 0 96458 0 176614 0 782857 0 0 SANDI VITO EXECUTIVE DIRECTOR 0 379690 0 0 0 20424 0 42905 0 153243 0 596262 0 0 DANIEL BUSTILLO DEPUTY EXECUTIVE DIRECTOR 0 213275 0 0 0 1137 0 24100 0 88315 0 326827 0 0 FORM 990, SCHEDULE J, PART III ALL OFFICERS AND KEY EMPLOYEES ARE PAID BY 1199SEIU LEAGUE TRAINING AND UPGRADING FUND FOR THEIR SERVICES PERFORMED FOR ALL 1199SEIU FUNDS. THEIR SALARY IS THEN ALLOCATED TO EACH FUND BASED ON THE AMOUNT OF SERVICES PROVIDED TO EACH FUND 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 THE ORGANIZATION AND THE AMOUNTS REPORTED ON LINE (II) REPRESENT THE TOTAL SALARY AND BENEFITS RECEIVED FOR SERVICES PROVIDED BY ALL RELATED ORGANIZATIONS. SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN THE FOLLOWING INDIVIDUAL PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN AND RECEIVED TAXABLE DISTRIBUTIONS DURING 2024: MERCEDES MAMBRU $77,715 THE ABOVE AMOUNT IS INCLUDED ON SCHEDULE J, PART II, COLUMN B (III). THE FOLLOWING INDIVIDUAL PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN AND RECEIVED DEFERRED CONTRIBUTIONS DURING 2024: MERCEDES MAMBRU $47,850 THE ABOVE AMOUNT IS INCLUDED ON SCHEDULE J, PART II, COLUMN C. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS (THE UNION AND LEAGUE) ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING. 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 EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS AND EMPLOYEES ARE REQUIRED TO ANNUALLY DISCLOSE TO THE EXECUTIVE DIRECTOR, OR DESIGNEE, HIS/HER INTERESTS THAT COULD GIVE RISE TO A CONFLICT OF INTEREST. FOR EACH INTEREST DISCLOSED BY A DIRECTOR, THE EXECUTIVE DIRECTOR OR DESIGNEE WILL DETERMINE WHETHER TO (A) TAKE NO ACTION, (B) ASSURE FULL DISCLOSURE TO THE DIRECTORS, (C) ASK THE DIRECTOR TO BE RECUSED FOR PARTICIPATION IN RELATED DISCUSSIONS OR DECISIONS AND/OR (D) ASK THE DIRECTOR TO RESIGN. EMPLOYEE COMPLETED CONFLICT OF INTEREST DISCLOSURE FORMS WILL BE REVIEWED BY THE HUMAN RESOURCE DEPARTMENT AND ANY DISCLOSED CONFLICT WILL BE REVIEWED BY THE HUMAN RESOURCE MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 15 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. FORM 990, PART VI, SECTION C, LINE 19 THE SUMMARY PLAN DESCRIPTION AND FINANCIAL REPORTS ARE MADE PUBLIC VIA THE ORGANIZATION'S WEB SITE PURSUANT TO IRS FILING REQUIREMENTS. WRITTEN REQUESTS FOR OTHER INFORMATION WILL BE FORWARDED TO GENERAL COUNSEL'S OFFICE FOR CONSIDERATION. FORM 990, PART XII, LINE 2C THE FUND'S AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. 1199SEIU NBF HEALTH AND HUMAN SERV 498 SEVENTH AVENUE NEW YORK NY 10018 131628401 BENEFIT FUND NY 501(C)(9) N/A 0 1199SEIUEMPLOYER CHILD CARE CORP 498 SEVENTH AVENUE NEW YORK NY 10018 134063281 DAY CARE CENTER NY 501(C)(3) LINE 7 N/A 0 1199SEIU HEALTH CARE EMPL PENSION 498 SEVENTH AVENUE NEW YORK NY 10018 133604862 PENSION FUND NY 401(A) N/A 0 1199SEIU LEAGUE TRAINING &UPGRADIN 498 SEVENTH AVENUE NEW YORK NY 10018 132637580 EDUCATION TRAINING NY 501(C)(3) LINE 9 N/A 0 1199SEIU JOB SECURITY FUND 498 SEVENTH AVENUE NEW YORK NY 10018 133712851 BENEFIT FUND NY 501(C)(9) N/A 0 1199SEIU LEAGUE RN TRNG &JOB SEC FU 498 SEVENTH AVENUE NEW YORK NY 10018 133946135 EDUCATION TRAINING NY 501(C)(9) N/A 0 1199SEIU LOCAL EMPLOYER CHILD CARE F 498 SEVENTH AVENUE NEW YORK NY 10018 133641466 CHILD CARE NY 501(C)(9) N/A 0 1199SEIU LABOR MANAGEMENT INITIATIVE 498 SEVENTH AVENUE NEW YORK NY 10018 133800331 LABOR MNGMT NY 501(C)(5) N/A 0 CENTER FOR HEALTHCARE WORKFORCE DEVT 498 SEVENTH AVENUE NEW YORK NY 10018 853129842 EDUCATION TRAINING NY 501(C)(5) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1199SEIU LEAGUE TRAINING & UPGRADING FUND O 494171 ALLOCATION