Form 990 for tax year 2022
Filed by NEW YORK TRADES COUNCIL & HOTEL ASSOCIATION OF NEW YORK CITY.
Totals
- Total revenue
- $189,604,690
- Total expenses
- $182,717,041
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $170,134,184
- Investment income
- $29,902
- Other revenue
- $19,440,604
- Total assets, end of year
- $184,580,939
- Total liabilities, end of year
- $94,943,519
- Net assets or fund balances, end of year
- $89,637,420
- 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 $166,178,698 · related or exempt $166,178,698
-
2b · Program service revenue: RENTAL INCOME
total $3,955,486 · excluded $3,955,486
-
3 · Investment income
total $29,902 · excluded $29,902
-
11a · Other revenue: FORGIVENESS OF PPP LOAN
total $8,381,787 · related or exempt $8,381,787
-
11b · Other revenue: REBATES
total $6,164,754 · related or exempt $6,164,754
-
11c · Other revenue: PHARMACY SALES
total $4,571,839 · related or exempt $4,571,839
-
11d · All other revenue
total $322,224 · related or exempt $322,224
-
11e · Other revenue, total
$19,440,604
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $5,505,955
-
7 · Other salaries and wages
total $42,555,401
-
8 · Pension plan contributions
total $3,709,502
-
9 · Other employee benefits
total $11,964,235
-
10 · Payroll taxes
total $3,711,494
-
11b · Fees: legal
total $152,068
-
11c · Fees: accounting
total $46,500
-
11g · Fees: other
total $114,184
-
12 · Advertising and promotion
total $62,301
-
13 · Office expenses
total $578,949
-
14 · Information technology
total $2,499,648
-
16 · Occupancy
total $6,898,562
-
22 · Depreciation, depletion and amortization
total $6,636,682
-
23 · Insurance
total $1,617,849
-
24a · Other expenses: PHARMACEUTICAL COSTS
total $49,254,168
-
24b · Other expenses: OUTSIDE SERVICES
total $29,082,839
-
24c · Other expenses: CONSULTATIONS & SURGERY
total $5,816,922
-
24d · Other expenses: SUPPLIES
total $3,631,534
-
24e · All other expenses
total $8,878,248
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $638,845 · end of year $726,796
-
2 · Savings and temporary cash investments
beginning of year $1,611,720 · end of year $2,800,474
-
9 · Prepaid expenses and deferred charges
beginning of year $530,466 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$256,890,876
-
10b · Land, buildings and equipment: accumulated depreciation
$75,837,207
-
10c · Land, buildings and equipment, net
beginning of year $186,930,806 · end of year $181,053,669
-
15 · Other assets
beginning of year $1,567,058 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $5,282,714 · end of year $218,403
-
19 · Deferred revenue
beginning of year $97,903,767 · end of year $94,725,116
-
25 · Other liabilities
beginning of year $10,000,000 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $78,092,414 · end of year $89,637,420
Mission and programs · 2022
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 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Richard MarokoRICHARD MAROKO
CO-CHAIRMAN
- Total calculated
- $346,811
- From this org
- $0
- From related orgs
- $228,541
- Other
- $118,270
- Hours/week
- 0.1 + 0.6 related
Schedule J breakdown matched by us
- Base
- $0 + $228,541 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $53,136 related
- Nontaxable benefits
- $0 + $65,134 related
- Filer's total
- $0 + $346,811 related
-
Vijay DandapaniVIJAY DANDAPANI
CO-CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0.1 + 0.6 related
-
Kuba BrownKUBA BROWN
UNION TRUSTEE
- Total calculated
- $31,627
- From this org
- $0
- From related orgs
- $20,841
- Other
- $10,786
- Hours/week
- 0.1 + 0.6 related
-
Vanessa MeadeVANESSA MEADE
UNION TRUSTEE
- Total calculated
- $103,403
- From this org
- $0
- From related orgs
- $68,140
- Other
- $35,263
- Hours/week
- 0.1 + 0.6 related
-
Amy BokermanAMY BOKERMAN
UNION TRUSTEE
- Total calculated
- $296,743
- From this org
- $0
- From related orgs
- $195,547
- Other
- $101,196
- Hours/week
- 0.1 + 0.6 related
Schedule J breakdown matched by us
- Base
- $0 + $195,547 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $45,465 related
- Nontaxable benefits
- $0 + $55,731 related
- Filer's total
- $0 + $296,743 related
-
Joe MessineoJOE MESSINEO
UNION TRUSTEE
- Total calculated
- $183,374
- From this org
- $0
- From related orgs
- $120,840
- Other
- $62,534
- Hours/week
- 0.1 + 0.6 related
Schedule J breakdown matched by us
- Base
- $0 + $120,840 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $28,095 related
- Nontaxable benefits
- $0 + $34,439 related
- Filer's total
- $0 + $183,374 related
-
Alyssa TramposchALYSSA TRAMPOSCH
UNION TRUSTEE
- Total calculated
- $92,193
- From this org
- $0
- From related orgs
- $60,753
- Other
- $31,440
- Hours/week
- 0.1 + 0.6 related
-
George GreeneGEORGE GREENE
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1 + 0.6 related
-
Amy RavitzAMY RAVITZ
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1 + 0.6 related
-
Gus CecchiniGUS CECCHINI
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1 + 0.6 related
-
Clara PelleranoCLARA PELLERANO
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1 + 0.6 related
-
Steve BattaSTEVE BATTA
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1 + 0.6 related
-
Michael D'AngeloMICHAEL D'ANGELO
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1 + 0.6 related
-
Fred GrapsteinFRED GRAPSTEIN
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1 + 0.6 related
-
Tom MituzasTOM MITUZAS
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1 + 0.6 related
-
Dr David JacobsonDR DAVID JACOBSON
CHIEF EXECUTIVE OFFICER
- Total calculated
- $1,793,557
- From this org
- $1,268,386
- From related orgs
- $0
- Other
- $525,171
- Hours/week
- 22 + 18 related
Schedule J breakdown matched by us
- Base
- $1,268,386
- Bonus
- $0
- Other
- $0
- Deferred
- $163,681
- Nontaxable benefits
- $361,490
- Filer's total
- $1,793,557
-
John HeimJOHN HEIM
CHIEF FINANCIAL OFFICER
- Total calculated
- $700,904
- From this org
- $482,305
- From related orgs
- $0
- Other
- $218,599
- Hours/week
- 22 + 18 related
Schedule J breakdown matched by us
- Base
- $482,305
- Bonus
- $0
- Other
- $0
- Deferred
- $81,142
- Nontaxable benefits
- $137,457
- Filer's total
- $700,904
-
Lana T VardanianLANA T VARDANIAN
CHIEF MEDICAL OFFICER
- Total calculated
- $679,600
- From this org
- $466,978
- From related orgs
- $0
- Other
- $212,622
- Hours/week
- 29 + 11 related
Schedule J breakdown matched by us
- Base
- $466,978
- Bonus
- $0
- Other
- $0
- Deferred
- $79,533
- Nontaxable benefits
- $133,089
- Filer's total
- $679,600
-
Andrew WindsorANDREW WINDSOR
CHIEF ADMINISTRATIVE OFFIC
- Total calculated
- $415,136
- From this org
- $278,623
- From related orgs
- $0
- Other
- $136,513
- Hours/week
- 5 + 35 related
Schedule J breakdown matched by us
- Base
- $278,623
- Bonus
- $0
- Other
- $0
- Deferred
- $57,105
- Nontaxable benefits
- $79,408
- Filer's total
- $415,136
-
Robert LaffertyROBERT LAFFERTY
CHIEF OPERATING OFFICER
- Total calculated
- $332,969
- From this org
- $239,546
- From related orgs
- $0
- Other
- $93,423
- Hours/week
- 5 + 35 related
Schedule J breakdown matched by us
- Base
- $239,546
- Bonus
- $0
- Other
- $0
- Deferred
- $25,152
- Nontaxable benefits
- $68,271
- Filer's total
- $332,969
-
Ashok D'SouzaASHOK D'SOUZA
MEDICAL DIRECTOR
- Total calculated
- $614,418
- From this org
- $420,085
- From related orgs
- $0
- Other
- $194,333
- Hours/week
- 35 + 5 related
Schedule J breakdown matched by us
- Base
- $420,085
- Bonus
- $0
- Other
- $0
- Deferred
- $74,609
- Nontaxable benefits
- $119,724
- Filer's total
- $614,418
-
Krystal Renee JenkinsKRYSTAL RENEE JENKINS
MEDICAL DIRECTOR
- Total calculated
- $371,438
- From this org
- $263,445
- From related orgs
- $0
- Other
- $107,993
- Hours/week
- 35 + 5 related
Schedule J breakdown matched by us
- Base
- $263,445
- Bonus
- $0
- Other
- $0
- Deferred
- $32,911
- Nontaxable benefits
- $75,082
- Filer's total
- $371,438
-
Karl LatortueKARL LATORTUE
MEDICAL DIRECTOR
- Total calculated
- $386,090
- From this org
- $259,121
- From related orgs
- $0
- Other
- $126,969
- Hours/week
- 35 + 5 related
Schedule J breakdown matched by us
- Base
- $259,121
- Bonus
- $0
- Other
- $0
- Deferred
- $53,120
- Nontaxable benefits
- $73,849
- Filer's total
- $386,090
-
John V MateraJOHN V MATERA
DIRECTOR OF PHARMACY OPERATIONS
- Total calculated
- $299,052
- From this org
- $200,706
- From related orgs
- $0
- Other
- $98,346
- Hours/week
- 5 + 35 related
Schedule J breakdown matched by us
- Base
- $200,706
- Bonus
- $0
- Other
- $0
- Deferred
- $41,145
- Nontaxable benefits
- $57,201
- Filer's total
- $299,052
-
Michael SchoenherrMICHAEL SCHOENHERR
DIRECTOR OF HEALTH CENTER OPERATIONS
- Total calculated
- $276,915
- From this org
- $185,890
- From related orgs
- $0
- Other
- $91,025
- Hours/week
- 5 + 35 related
Schedule J breakdown matched by us
- Base
- $185,890
- Bonus
- $0
- Other
- $0
- Deferred
- $38,046
- Nontaxable benefits
- $52,979
- Filer's total
- $276,915
-
Gerardo PosadaGERARDO POSADA
PSYCHIATRIST
- Total calculated
- $563,593
- From this org
- $383,520
- From related orgs
- $0
- Other
- $180,073
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $383,520
- Bonus
- $0
- Other
- $0
- Deferred
- $70,770
- Nontaxable benefits
- $109,303
- Filer's total
- $563,593
-
Yevgeniy KantorYEVGENIY KANTOR
ENDOCRINOLOGIST
- Total calculated
- $473,830
- From this org
- $329,062
- From related orgs
- $0
- Other
- $144,768
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $329,062
- Bonus
- $0
- Other
- $0
- Deferred
- $50,985
- Nontaxable benefits
- $93,783
- Filer's total
- $473,830
-
Elsie Yamile Bermudez PouchardELSIE YAMILE BERMUDEZ POUCHARD
PSYCHIATRIST
- Total calculated
- $373,692
- From this org
- $265,030
- From related orgs
- $0
- Other
- $108,662
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $265,030
- Bonus
- $0
- Other
- $0
- Deferred
- $33,128
- Nontaxable benefits
- $75,534
- Filer's total
- $373,692
-
Luisa E Noguera CoughlanLUISA E NOGUERA COUGHLAN
ASSISTANT MEDICAL DIRECTOR
- Total calculated
- $356,125
- From this org
- $239,018
- From related orgs
- $0
- Other
- $117,107
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $239,018
- Bonus
- $0
- Other
- $0
- Deferred
- $48,987
- Nontaxable benefits
- $68,120
- Filer's total
- $356,125
-
Mauricio SabogalMAURICIO SABOGAL
PEDIATRICIAN
- Total calculated
- $322,905
- From this org
- $224,240
- From related orgs
- $0
- Other
- $98,665
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $224,240
- Bonus
- $0
- Other
- $0
- Deferred
- $34,757
- Nontaxable benefits
- $63,908
- Filer's total
- $322,905
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.
-
NYHTC ASSN OF NYC INC 401(K) FUND
1 401-1(B)(3) · TO PROVIDE RETIREMENT BENEFITS · NY
-
NYHTC ASSN OF NYC INC HEALTH BENEFITS
501(C)(9) · TO PROVIDE MEDICAL AND DENTAL BENEFITS · NY
-
NYHTC ASSN OF NYC INC TRAINING & SCHOLARSH
501(C)(3) · TO PROVIDE TRAINING AND SCHOLARSHIPS TO PARTICIPANTS · NY
-
NYHTC ASSN OF NYC INC PENSION FUND
1 401-1(B)(3) · TO PROVIDE RETIREMENT BENEFITS · NY
-
NYHTC ASSN OF NYC INC LEGAL SERVICES
501(C)(9) · TO PROVIDE LEGAL ASSISTANCE TO PARTICIPANTS · NY
-
NYHTC ASSN OF NYC INC STAFF INSURANCE
501(C)(9) · TO PROVIDE MEDICAL BENEFITS · NY
-
NYHTC ASSN OF NYC INC STAFF RETIREMENT
1 401-1(B)(3) · TO PROVIDE RETIREMENT BENEFITS · NY
-
NYHTC ASSN OF NYC INC ANNUITY FUND
1 401-1(B)(3) · TO PROVIDE RETIREMENT BENEFITS · NY
-
NYHTC ASSN OF NYC INC LMC TRUST FUND
501(C)(5) · TO ENHANCE THE RELATIONSHIP BETWEEN HOTEL OWNERS AND THEIR EMPLOYEES · NY
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 10 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303149349302770
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