New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Benefits Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 136126923 ✦ New york, NY ✦ Designated as a 501(c)(9)

Overview

What is New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Benefits Fund?

The New York Hotel Trades Council and Hotel Association of NYC Inc Health Benefits Fund is a non-profit organization based in New York City, specifically located at 305 West 44th Street. Its primary mission is to extend medical, dental, hospitalization, and life insurance benefits to eligible participants and their covered dependents. The fund's activities revolve around providing essential healthcare and insurance services, ensuring the well-being of those it serves.


Official website here: www.hotelfunds,org

Is New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Benefits Fund legitimate?

New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Benefits Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Benefits Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,252,915

For more financial information, click here


Official website here: www.hotelfunds,org

What is the mission statement of New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Benefits Fund?

This organization, New York Hotel Trades Council and Hotel Association of NYC Inc Health Benefits Fund, is dedicated to providing essential health benefits to its participants. Its goal is to ensure that eligible individuals and their dependents receive medical, surgical, hospital, accident, dental, optical, and life insurance coverage. The exempt purpose of the fund is to enhance the wellbeing of those it serves by extending access to vital health and insurance benefits. Through its commitment to healthcare, the organization aims to improve the quality of life for its members and their families.


Official website here: www.hotelfunds,org

Who is the CEO of New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Benefits Fund?

Dr David Jacobson is the Co-Chairman of New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Benefits Fund. The CEO's salary of New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Benefits Fund is $0 and their total compensation is $1,793,557.


Official website here: www.hotelfunds,org

What is the revenue of New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Benefits Fund?

New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Benefits Fund's revenue in 2022 was $447,170,967.


Official website here: www.hotelfunds,org

Who are the executives of New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Benefits Fund and what are their salaries?

Here are 23 key members and their salaries (New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Benefits Fund's CEO's salary is $0 and their total compensation is $1,793,557):

    Dr David Jacobson (Chief Executive Officer)
  • Compensation: $0
  • Related: $1,268,386
  • Other: $525,171

    • John Heim (Chief Financial Officer)
  • Compensation: $0
  • Related: $482,305
  • Other: $218,599

    • Lana T Vardanian (Chief Medical Officer)
  • Compensation: $0
  • Related: $466,978
  • Other: $212,622

    • Ashok D'Souza (Medical Director)
  • Compensation: $0
  • Related: $420,085
  • Other: $194,333

    • Andrew Windsor (Chief Administrative Offic)
  • Compensation: $0
  • Related: $278,623
  • Other: $136,513

    • Karl Latortue (Medical Director)
  • Compensation: $0
  • Related: $259,121
  • Other: $126,969

    • Krystal Renee Jenkins (Medical Director)
  • Compensation: $0
  • Related: $263,445
  • Other: $107,993

    • Richard Maroko (Co-Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $228,541
  • Other: $118,270

    • Robert Lafferty (Chief Operating Officer)
  • Compensation: $0
  • Related: $239,546
  • Other: $93,423

    • Amy Bokerman (Union Trustee)
  • Compensation: $0
  • Related: $195,547
  • Other: $101,196

    • Joe Messineo (Union Trustee)
  • Compensation: $0
  • Related: $120,840
  • Other: $62,534

    • Vanessa Meade (Union Trustee)
  • Compensation: $0
  • Related: $68,140
  • Other: $35,263

    • Alyssa Tramposch (Union Trustee)
  • Compensation: $0
  • Related: $60,753
  • Other: $31,440

    • Kuba Brown (Union Trustee)
  • Compensation: $0
  • Related: $20,841
  • Other: $10,786

    • Vijay Dandapani (Co-Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Greene (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Ravitz (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gus Cecchini (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Clara Pellerano (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Batta (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael D'Angelo (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fred Grapstein (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Mituzas (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hotelfunds,org

    Where can I find the form 990 for New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Benefits Fund?

    The New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Benefits Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.hotelfunds,org

    Learn more at the official website: www.hotelfunds,org

    Mission Statement of New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Benefits Fund

    The New York Hotel Trades Council and Hotel Association of NYC Inc Health Benefits Fund is a nonprofit organization dedicated to offering medical, dental, hospitalization, and life insurance benefits to eligible participants and their dependents. Through its exempt purpose, the Fund strives to provide comprehensive health coverage, encompassing medical, surgical, hospital, accident, dental, optical, and life insurance, to those who meet the eligibility criteria.

    By granting access to essential healthcare services, the New York Hotel Trades Council and Hotel Association of NYC Inc Health Benefits Fund significantly enhances the quality of life for its beneficiaries. The organization's mission is to provide these vital benefits, ensuring that participants can focus on their health and well-being, rather than worrying about the financial burden of medical expenses. Additionally, the Fund's offerings extend to dependents, allowing families to benefit from the coverage, fostering a sense of security and peace of mind. Overall, the New York Hotel Trades Council and Hotel Association of NYC Inc Health Benefits Fund plays a crucial role in improving the health and financial stability of its members.

    Impact

    This information is meant to be a general summary of New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Benefits Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The impact of the New York Hotel Trades Council and Hotel Association of New York City Inc. Health Benefits Fund is significant in providing medical, dental, hospitalization, and life insurance benefits to participants. By offering these essential benefits, the fund plays a crucial role in ensuring the well-being and healthcare coverage for eligible participants and their covered dependents. This support helps participants access necessary medical services, maintain their health, and provide financial security in case of unforeseen circumstances. Overall, the fund's impact is instrumental in promoting the health and welfare of its members and their families.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,952,305
  • Program Service Revenue: $442,613,603
  • Gross Receipts: $571,609,646

    • Assets and Liabilities:
  • Total Assets: $381,570,475
  • Total Liabilities: $33,709,960
  • Net Assets: $347,860,515
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    EMPLOYER CONTRIBUTIONS

    Revenue

    $423,018,886

    MEDICARE REIMBURSEMENTS

    Revenue

    $17,721,280

    PARTICIPANT CONTRIBUTIONS

    Revenue

    $1,873,437

    Organization Details

    Founding Year

    1944

    Principal Officer

    Dr David Jacobson

    Main Address

    305 WEST 44TH STREET, NEW YORK, NY, 10036

    NTEE Category

    Code: Y40 - Mutual benefit

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