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Nonprofiteer
← NEW YORK TRADES COUNCIL & HOTEL ASSOCIATION OF NEW YORK CITY

Form 990 for tax year 2024

Filed by NEW YORK TRADES COUNCIL & HOTEL ASSOCIATION OF NEW YORK CITY.

Totals

Total revenue
$294,359,296
Total expenses
$282,727,285
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$275,433,389
Investment income
$174,575
Other revenue
$18,751,332
Total assets, end of year
$261,595,847
Total liabilities, end of year
$88,638,933
Net assets or fund balances, end of year
$172,956,914
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: HEALTH SERVICE FEES

    total $271,412,323 · related or exempt $271,412,323

  • 2b · Program service revenue: RENTAL INCOME

    total $4,021,066 · related or exempt $4,021,066

  • 3 · Investment income

    total $174,575 · excluded $174,575

  • 11a · Other revenue: REBATES

    total $12,650,904 · related or exempt $12,650,904

  • 11b · Other revenue: PHARMACY SALES

    total $5,663,869 · related or exempt $5,663,869

  • 11c · Other revenue: MISCELLANEOUS INCOME

    total $436,559 · related or exempt $436,559

  • 11e · Other revenue, total

    $18,751,332

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $10,791,567

  • 7 · Other salaries and wages

    total $70,400,276

  • 8 · Pension plan contributions

    total $5,601,661

  • 9 · Other employee benefits

    total $19,863,746

  • 10 · Payroll taxes

    total $6,567,815

  • 11b · Fees: legal

    total $471,011

  • 11c · Fees: accounting

    total $60,001

  • 11g · Fees: other

    total $462,746

  • 12 · Advertising and promotion

    total $119,738

  • 13 · Office expenses

    total $1,249,706

  • 14 · Information technology

    total $4,833,822

  • 16 · Occupancy

    total $8,021,309

  • 22 · Depreciation, depletion and amortization

    total $7,579,879

  • 23 · Insurance

    total $4,011,723

  • 24a · Other expenses: PHARMACEUTICAL COSTS

    total $71,413,886

  • 24b · Other expenses: OUTSIDE SERVICES

    total $47,653,516

  • 24c · Other expenses: OTHER SERVICES

    total $5,416,742

  • 24d · Other expenses: SUPPLIES

    total $5,013,208

  • 24e · All other expenses

    total $13,194,933

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $717,720 · end of year $2,515,894

  • 2 · Savings and temporary cash investments

    beginning of year $1,646,371 · end of year $5,372,899

  • 4 · Accounts receivable

    beginning of year $0 · end of year $747,051

  • 10a · Land, buildings and equipment: cost or other basis

    $343,141,431

  • 10b · Land, buildings and equipment: accumulated depreciation

    $90,181,428

  • 10c · Land, buildings and equipment, net

    beginning of year $179,665,464 · end of year $252,960,003

  • 17 · Accounts payable and accrued expenses

    beginning of year $158,281 · end of year $271,259

  • 19 · Deferred revenue

    beginning of year $91,546,371 · end of year $88,367,674

  • 27 · Net assets without donor restrictions

    beginning of year $90,324,903 · end of year $172,956,914

Mission and programs · 2024

Mission

TO ESTABLISH AND OPERATE HEALTH CENTERS TO FURNISH MEDICAL CARE AND OTHER HEALTH SERVICES TO PARTICIPANTS WHO ARE ELIGIBLE UNDER THE COLLECTIVE BARGAINING AGREEMENTS BETWEEN THE NEW YORK HOTEL TRADES COUNCIL, THE HOTEL ASSOCIATION OF NEW YORK CITY, INC AND HOTELS IN THE CITY OF NEW YORK AND EMPLOYEES AND THEIR DEPENDENTS.

Activities or mission (Part I)

TO PROVIDE MEDICAL AND SURGICAL CARE TO ACTIVE AND RETIRED MEMBERS OF THE HOTEL INDUSTRY IN NEW YORK CITY AND TO EDUCATE IN HEALTH MAINTENANCE AND DISEASE PREVENTION AND TO SUPPORT MEDICAL RESEARCH AND TEACHING MEDICAL SCHOOLS.

  • PROVISION OF MEDICAL, SURGICAL, PHARMACEUTICAL, DENTAL AND AMBULATORY CARE TO ELIGIBLE PARTICIPANTS IN THE HOTEL INDUSTRY IN NEW YORK CITY.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Richard Maroko

    CO-CHAIRMAN

    Total calculated
    $923,053
    From this org
    $0
    From related orgs
    $542,945
    Other
    $380,108
    Hours/week
    0.1 + 0.6 related

    Schedule J breakdown matched by us

    Base
    $0 + $542,945 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $230,798 related
    Nontaxable benefits
    $0 + $149,310 related
    Filer's total
    $0 + $923,053 related
  • Vijay Dandapani

    CO-CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.1 + 0.6 related
  • Kuba Brown

    UNION TRUSTEE

    Total calculated
    $42,676
    From this org
    $0
    From related orgs
    $24,515
    Other
    $18,161
    Hours/week
    0.1 + 0.6 related
  • Vanessa Meade

    UNION TRUSTEE

    Total calculated
    $559,174
    From this org
    $0
    From related orgs
    $334,481
    Other
    $224,693
    Hours/week
    0.1 + 0.6 related

    Schedule J breakdown matched by us

    Base
    $0 + $334,481 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $132,711 related
    Nontaxable benefits
    $0 + $91,982 related
    Filer's total
    $0 + $559,174 related
  • Amy Bokerman

    UNION TRUSTEE

    Total calculated
    $363,140
    From this org
    $0
    From related orgs
    $219,155
    Other
    $143,985
    Hours/week
    0.1 + 0.6 related

    Schedule J breakdown matched by us

    Base
    $0 + $219,155 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $83,717 related
    Nontaxable benefits
    $0 + $60,268 related
    Filer's total
    $0 + $363,140 related
  • Joe Messineo

    UNION TRUSTEE

    Total calculated
    $410,621
    From this org
    $0
    From related orgs
    $248,286
    Other
    $162,335
    Hours/week
    0.1 + 0.6 related

    Schedule J breakdown matched by us

    Base
    $0 + $248,286 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $94,056 related
    Nontaxable benefits
    $0 + $68,279 related
    Filer's total
    $0 + $410,621 related
  • Alyssa Tramposch

    UNION TRUSTEE

    Total calculated
    $342,480
    From this org
    $0
    From related orgs
    $207,249
    Other
    $135,231
    Hours/week
    0.1 + 0.6 related

    Schedule J breakdown matched by us

    Base
    $0 + $207,249 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $78,238 related
    Nontaxable benefits
    $0 + $56,993 related
    Filer's total
    $0 + $342,480 related
  • George Greene

    EMPLOYER TRUSTEE

    Total calculated
    $0
    Hours/week
    0.1 + 0.6 related
  • Chris Elko

    EMPLOYER TRUSTEE

    Total calculated
    $0
    Hours/week
    0.1 + 0.6 related
  • Wei Huang

    EMPLOYER TRUSTEE

    Total calculated
    $0
    Hours/week
    0.1 + 0.6 related
  • Gus Cecchini

    EMPLOYER TRUSTEE

    Total calculated
    $0
    Hours/week
    0.1 + 0.6 related
  • Clara Pellerano

    EMPLOYER TRUSTEE

    Total calculated
    $0
    Hours/week
    0.1 + 0.6 related
  • Steve Batta

    EMPLOYER TRUSTEE

    Total calculated
    $0
    Hours/week
    0.1 + 0.6 related
  • Fred Grapstein

    EMPLOYER TRUSTEE

    Total calculated
    $0
    Hours/week
    0.1 + 0.6 related
  • Joseph Delli Santi

    EMPLOYER TRUSTEE

    Total calculated
    $0
    Hours/week
    0.1 + 0.6 related
  • Michael J D'Angelo

    EMPLOYER TRUSTEE

    Total calculated
    $0
    Hours/week
    0.1 + 0.6 related
  • Dr David Jacobson

    CHIEF EXEC OFFICER

    Total calculated
    $2,463,302
    From this org
    $1,745,541
    From related orgs
    $0
    Other
    $717,761
    Hours/week
    30 + 10 related

    Schedule J breakdown matched by us

    Base
    $1,745,541
    Bonus
    $0
    Other
    $0
    Deferred
    $220,282
    Nontaxable benefits
    $497,479
    Filer's total
    $2,463,302
  • John J Heim

    CHIEF FINAN OFFICER

    Total calculated
    $740,911
    From this org
    $506,411
    From related orgs
    $0
    Other
    $234,500
    Hours/week
    10 + 30 related

    Schedule J breakdown matched by us

    Base
    $506,411
    Bonus
    $0
    Other
    $0
    Deferred
    $90,173
    Nontaxable benefits
    $144,327
    Filer's total
    $740,911
  • Lana T Vardanian

    CHIEF MEDICAL OFFICER

    Total calculated
    $741,086
    From this org
    $506,537
    From related orgs
    $0
    Other
    $234,549
    Hours/week
    35 + 5 related

    Schedule J breakdown matched by us

    Base
    $506,537
    Bonus
    $0
    Other
    $0
    Deferred
    $90,186
    Nontaxable benefits
    $144,363
    Filer's total
    $741,086
  • Andrew Windsor

    CHIEF ADMINISTRATIVE OFFICER

    Total calculated
    $489,272
    From this org
    $328,244
    From related orgs
    $0
    Other
    $161,028
    Hours/week
    5 + 35 related

    Schedule J breakdown matched by us

    Base
    $328,244
    Bonus
    $0
    Other
    $0
    Deferred
    $67,478
    Nontaxable benefits
    $93,550
    Filer's total
    $489,272
  • Robert M Lafferty

    CHIEF OPER. OFFICER

    Total calculated
    $650,890
    From this org
    $443,446
    From related orgs
    $0
    Other
    $207,444
    Hours/week
    35 + 5 related

    Schedule J breakdown matched by us

    Base
    $443,446
    Bonus
    $0
    Other
    $0
    Deferred
    $81,062
    Nontaxable benefits
    $126,382
    Filer's total
    $650,890
  • Jonathan Cerezo

    CHIEF INFO OFFICER

    Total calculated
    $423,422
    From this org
    $304,620
    From related orgs
    $0
    Other
    $118,802
    Hours/week
    35 + 5 related

    Schedule J breakdown matched by us

    Base
    $304,620
    Bonus
    $0
    Other
    $0
    Deferred
    $31,985
    Nontaxable benefits
    $86,817
    Filer's total
    $423,422
  • William Torres

    CHIEF HR OFFICER

    Total calculated
    $399,042
    From this org
    $267,813
    From related orgs
    $0
    Other
    $131,229
    Hours/week
    35 + 5 related

    Schedule J breakdown matched by us

    Base
    $267,813
    Bonus
    $0
    Other
    $0
    Deferred
    $54,902
    Nontaxable benefits
    $76,327
    Filer's total
    $399,042
  • Jordan Erik-Andrew Yang

    CHIEF EXTERNAL AFFAIRS OFFICER

    Total calculated
    $271,375
    From this org
    $182,131
    From related orgs
    $0
    Other
    $89,244
    Hours/week
    10 + 30 related

    Schedule J breakdown matched by us

    Base
    $182,131
    Bonus
    $0
    Other
    $0
    Deferred
    $37,337
    Nontaxable benefits
    $51,907
    Filer's total
    $271,375
  • Ashok D'Souza

    MEDICAL DIRECTOR

    Total calculated
    $673,940
    From this org
    $460,029
    From related orgs
    $0
    Other
    $213,911
    Hours/week
    35 + 5 related

    Schedule J breakdown matched by us

    Base
    $460,029
    Bonus
    $0
    Other
    $0
    Deferred
    $82,803
    Nontaxable benefits
    $131,108
    Filer's total
    $673,940
  • Michael L Gross

    ORTHOPEDIC SERVICES DIRECTOR

    Total calculated
    $509,699
    From this org
    $361,775
    From related orgs
    $0
    Other
    $147,924
    Hours/week
    35 + 5 related

    Schedule J breakdown matched by us

    Base
    $361,775
    Bonus
    $0
    Other
    $0
    Deferred
    $44,818
    Nontaxable benefits
    $103,106
    Filer's total
    $509,699
  • Luisa Noguera Coughlan

    MEDICAL DIRECTOR

    Total calculated
    $417,927
    From this org
    $280,522
    From related orgs
    $0
    Other
    $137,405
    Hours/week
    35 + 5 related

    Schedule J breakdown matched by us

    Base
    $280,522
    Bonus
    $0
    Other
    $0
    Deferred
    $57,456
    Nontaxable benefits
    $79,949
    Filer's total
    $417,927
  • Karl Latortue

    MEDICAL DIRECTOR

    Total calculated
    $412,556
    From this org
    $276,883
    From related orgs
    $0
    Other
    $135,673
    Hours/week
    35 + 5 related

    Schedule J breakdown matched by us

    Base
    $276,883
    Bonus
    $0
    Other
    $0
    Deferred
    $56,761
    Nontaxable benefits
    $78,912
    Filer's total
    $412,556
  • Sine Akten

    NEPHROLOGY DIRECTOR

    Total calculated
    $370,022
    From this org
    $263,916
    From related orgs
    $0
    Other
    $106,106
    Hours/week
    35 + 5 related

    Schedule J breakdown matched by us

    Base
    $263,916
    Bonus
    $0
    Other
    $0
    Deferred
    $30,890
    Nontaxable benefits
    $75,216
    Filer's total
    $370,022
  • Krystal Renee Jenkins

    MEDICAL DIRECTOR

    Total calculated
    $354,633
    From this org
    $238,022
    From related orgs
    $0
    Other
    $116,611
    Hours/week
    35 + 5 related

    Schedule J breakdown matched by us

    Base
    $238,022
    Bonus
    $0
    Other
    $0
    Deferred
    $48,775
    Nontaxable benefits
    $67,836
    Filer's total
    $354,633
  • Eric Clancy

    FACILITIES DIRECTOR

    Total calculated
    $356,961
    From this org
    $236,751
    From related orgs
    $0
    Other
    $120,210
    Hours/week
    35 + 5 related

    Schedule J breakdown matched by us

    Base
    $236,751
    Bonus
    $0
    Other
    $0
    Deferred
    $52,736
    Nontaxable benefits
    $67,474
    Filer's total
    $356,961
  • Fredric O Lee

    DENTAL DIRECTOR

    Total calculated
    $329,332
    From this org
    $221,028
    From related orgs
    $0
    Other
    $108,304
    Hours/week
    35 + 5 related

    Schedule J breakdown matched by us

    Base
    $221,028
    Bonus
    $0
    Other
    $0
    Deferred
    $45,311
    Nontaxable benefits
    $62,993
    Filer's total
    $329,332
  • John V Matera

    PHARMACY OPERATIONS DIRECTOR

    Total calculated
    $314,724
    From this org
    $211,224
    From related orgs
    $0
    Other
    $103,500
    Hours/week
    35 + 5 related

    Schedule J breakdown matched by us

    Base
    $211,224
    Bonus
    $0
    Other
    $0
    Deferred
    $43,301
    Nontaxable benefits
    $60,199
    Filer's total
    $314,724
  • Michael Cosgrove

    PROJECT MANAGEMENT DIRECTOR

    Total calculated
    $312,021
    From this org
    $209,410
    From related orgs
    $0
    Other
    $102,611
    Hours/week
    35 + 5 related

    Schedule J breakdown matched by us

    Base
    $209,410
    Bonus
    $0
    Other
    $0
    Deferred
    $42,929
    Nontaxable benefits
    $59,682
    Filer's total
    $312,021
  • Donna Lennon

    PATIENT CARE DIRECTOR

    Total calculated
    $311,049
    From this org
    $208,765
    From related orgs
    $0
    Other
    $102,284
    Hours/week
    35 + 5 related

    Schedule J breakdown matched by us

    Base
    $208,765
    Bonus
    $0
    Other
    $0
    Deferred
    $42,786
    Nontaxable benefits
    $59,498
    Filer's total
    $311,049
  • Francis X Barra

    DENTAL DIRECTOR

    Total calculated
    $299,844
    From this org
    $201,237
    From related orgs
    $0
    Other
    $98,607
    Hours/week
    35 + 5 related

    Schedule J breakdown matched by us

    Base
    $201,237
    Bonus
    $0
    Other
    $0
    Deferred
    $41,254
    Nontaxable benefits
    $57,353
    Filer's total
    $299,844
  • Michael Schoenherr

    SR PATIENT EXPERIENCE DIRECTOR

    Total calculated
    $296,929
    From this org
    $199,281
    From related orgs
    $0
    Other
    $97,648
    Hours/week
    35 + 5 related

    Schedule J breakdown matched by us

    Base
    $199,281
    Bonus
    $0
    Other
    $0
    Deferred
    $40,853
    Nontaxable benefits
    $56,795
    Filer's total
    $296,929
  • Christopher Kanyongolo

    DENTAL DIRECTOR

    Total calculated
    $296,751
    From this org
    $199,162
    From related orgs
    $0
    Other
    $97,589
    Hours/week
    35 + 5 related

    Schedule J breakdown matched by us

    Base
    $199,162
    Bonus
    $0
    Other
    $0
    Deferred
    $40,828
    Nontaxable benefits
    $56,761
    Filer's total
    $296,751
  • Louis Adorno

    IT OPERATIONS DIRECTOR

    Total calculated
    $290,905
    From this org
    $195,258
    From related orgs
    $0
    Other
    $95,647
    Hours/week
    35 + 5 related

    Schedule J breakdown matched by us

    Base
    $195,258
    Bonus
    $0
    Other
    $0
    Deferred
    $39,999
    Nontaxable benefits
    $55,648
    Filer's total
    $290,905
  • Samuel H Karp

    MHAP DIRECTOR

    Total calculated
    $273,532
    From this org
    $183,578
    From related orgs
    $0
    Other
    $89,954
    Hours/week
    35 + 5 related

    Schedule J breakdown matched by us

    Base
    $183,578
    Bonus
    $0
    Other
    $0
    Deferred
    $37,634
    Nontaxable benefits
    $52,320
    Filer's total
    $273,532
  • Katherine M Mastrota

    OPTOMETRY DIRECTOR

    Total calculated
    $253,328
    From this org
    $172,938
    From related orgs
    $0
    Other
    $80,390
    Hours/week
    35 + 5 related

    Schedule J breakdown matched by us

    Base
    $172,938
    Bonus
    $0
    Other
    $0
    Deferred
    $31,103
    Nontaxable benefits
    $49,287
    Filer's total
    $253,328
  • Paul Mostoff

    PHYSICAL THERAPY DIRECTOR

    Total calculated
    $252,162
    From this org
    $169,602
    From related orgs
    $0
    Other
    $82,560
    Hours/week
    35 + 5 related

    Schedule J breakdown matched by us

    Base
    $169,602
    Bonus
    $0
    Other
    $0
    Deferred
    $34,223
    Nontaxable benefits
    $48,337
    Filer's total
    $252,162
  • Gerardo Posada

    PSYCHIATRIST

    Total calculated
    $750,715
    From this org
    $513,464
    From related orgs
    $0
    Other
    $237,251
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $513,464
    Bonus
    $0
    Other
    $0
    Deferred
    $90,914
    Nontaxable benefits
    $146,337
    Filer's total
    $750,715
  • Ho Lee

    ORAL SURGEON

    Total calculated
    $646,267
    From this org
    $460,122
    From related orgs
    $0
    Other
    $186,145
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $460,122
    Bonus
    $0
    Other
    $0
    Deferred
    $55,010
    Nontaxable benefits
    $131,135
    Filer's total
    $646,267
  • Luis A Gonzales

    PSYCHIATRIST

    Total calculated
    $645,798
    From this org
    $439,783
    From related orgs
    $0
    Other
    $206,015
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $439,783
    Bonus
    $0
    Other
    $0
    Deferred
    $80,677
    Nontaxable benefits
    $125,338
    Filer's total
    $645,798
  • Mayer Sinensky

    PERIODONTIST

    Total calculated
    $615,802
    From this org
    $421,311
    From related orgs
    $0
    Other
    $194,491
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $421,311
    Bonus
    $0
    Other
    $0
    Deferred
    $74,417
    Nontaxable benefits
    $120,074
    Filer's total
    $615,802
  • Elsie Yamile Bermudez Pouchard

    PSYCHIATRIST

    Total calculated
    $551,141
    From this org
    $382,763
    From related orgs
    $0
    Other
    $168,378
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $382,763
    Bonus
    $0
    Other
    $0
    Deferred
    $59,291
    Nontaxable benefits
    $109,087
    Filer's total
    $551,141

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
15 November 2025
IRS schema version
2024v5.2
Source object
202513199349300811

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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