2024-11-13T16:56:58-06:00 2023-12-31 474526160 EFPR GROUP CPAS PLLC 6390 MAIN STREET SUITE 200 WILLIAMSVILLE NY 14221 990 2023-01-01 810817995 1199 SEIUCITY OF NEW YORK EDUCATION CHILD AND ELDERCARE FUND 1199 6464736336 498 SEVENTH AVENUE 5TH FLOOR NEW YORK NY 10018 EDWIN PROSPER CO-PLAN ADMINISTRATOR 6464736336 2024-10-01 1 0 DAVID A URBAN CPA P00630018 7166340700 2024-10-01 2023 2024-10-15 13:58:12Z EDWIN PROSPER 498 SEVENTH AVENUE 5TH FLOOR NEW YORK NY 10018 1788001 0 X WWW.1199SEIUBENEFITS.ORG X EMPLOYEE BENEFIT PLAN 2015 NY TO PROVIDE EDUCATION AND TRAINING BENEFITS AND CHILD AND ELDERCARE SERVICES TO ELIGIBLE PARTICIPANTS. 8 8 357 0 0 0 0 0 1747152 1787949 0 52 0 0 1747152 1788001 0 0 1004911 1302708 330297 348223 0 0 0 132075 151036 1467283 1801967 279869 -13966 5510733 5490934 74337 68504 5436396 5422430 THE EXEMPT PURPOSE OF THE FUND IS TO PROVIDE EDUCATION AND TRAINING BENEFITS AND CHILD AND ELDERCARE SERVICES TO ELIGIBLE PARTICIPANTS. 0 0 THE EXEMPT PURPOSE OF THE FUND IS TO PROVIDE EDUCATION AND JOB TRAINING BENEFITS, AND CHILD AND ELDERCARE SERVICES TO ELIGIBLE PARTICIPANTS. 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 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 X 12 0 1 357 1 0 0 0 0 0 0 0 0 0 0 X 8 8 1 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X MERCEDES MAMBRU 6464736336 498 SEVENTH AVENUE 9TH FLOOR NEW YORK NY 10018 X DEBORAH FRIEDMAN CITY CO-CHAIR 1.00 X 0 0 0 KERRY GAO CITY TRUSTEE 1.00 X 0 0 0 JONATHAN WANGEL CITY TRUSTEE 1.00 X 0 0 0 YVETTE VILLANUEVA CITY TRUSTEE 1.00 X 0 0 0 STACYLEA GRAY UNION CO-CHAIR 1.00 X 0 0 0 JOYCE NEIL UNION TRUSTEE 1.00 X 0 0 0 DANIEL RATNER UNION TRUSTEE 1.00 X 0 0 0 NAOMI STOWE UNION TRUSTEE (TO 8/2023) 1.00 X 0 0 0 MARIA CASTANEDA UNION TRUSTEE (TO 12/2023) 1.00 X 0 0 0 PROSPER EDWIN CO-PLAN ADMINISTRATOR 5.00 X 13400 0 6828 HEATHER CAYENNE CO-PLAN ADMINISTRATOR 5.00 X 11276 0 5490 24676 0 12318 0 0 0 0 0 EMPLOYER CONTRIBUTIONS 525110 1760880 1760880 PROGRAM FEES 525110 27069 27069 1787949 52 52 1788001 1787949 0 52 1302708 215921 107576 24726 28890 11700 10046 4866 SHARED EXPENSES 95534 1801967 5071740 5142302 325390 326605 1621 113603 20406 5510733 5490934 70151 64857 4186 3647 74337 68504 X 0 0 0 0 5436396 5422430 5436396 5422430 5510733 5490934 -13966 0 X X 0 1 X 1 0 0 X 1788001 0 1788001 0 1788001 1801967 0 1801967 0 1801967 PART X, LINE 2: THE FUND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE DATED APRIL 17,2017 STATING THAT THE FUND IS TAX EXEMPT UNDER THE PROVISIONS OF SECTION 501 ( C )(9) OF THE INTERNAL REVENUE CODE ("IRC OR "CODE"). ACCORDINGLY, THE FUND'S NET INCOME GENERALLY IS EXEMPT FROM INCOME TAXES. FUND MANAGEMENT AND LEGAL COUNSEL BELIEVE THAT THE FUND CONTINUES TO BE OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC. US GAAP REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE PLAN ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2023 AND 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN FINANCIAL STATEMENTS. FORM 990, PART V, LINE 2A: W-2'S ARE ISSUED TO THE PARTICIPANTS OF THE PLAN WHO RECEIVE BENEFITS. FORM 990, PART VI, SECTION A, LINE 2 TWO UNION TRUSTEES ARE ALSO EMPLOYEES OF 1199SEIU (THE UNION). THEREFORE, THEY HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER. ALL OF THE EMPLOYER TRUSTEES ARE ALSO EMPLOYEES OF THE CITY OF NEW YORK OR THE NEW YORK CITY HEALTH AND HOSPITALS CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A THE CITY OF NEW YORK AND THE NEW YORK CITY HEALTH AND HOSPITALS CORPORATION, IN THEIR CAPACITY AS MEMBERS, APPOINT THE EMPLOYER TRUSTEES. THE UNION, IN ITS CAPACITY AS A MEMBER, APPOINTS THE UNION TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE CHIEF FINANCIAL OFFICER AND FINANCE TEAM REVIEWS 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 AN OFFICER OR TRUSTEE. FORM 990, PART VI, SECTION B, LINE 12C AS OF SEPTEMBER 2015, TRUSTEES AND EMPLOYEES ARE REQUIRED TO ANNUALLY DISCLOSE OR UPDATE TO THE EXECUTIVE DIRECTOR, OR DESIGNEE, THEIR INTEREST THAT COULD GIVE RISE TO CONFLICTS OF INTERESTS. FOR EACH INTEREST DISCLOSED BY A TRUSTEE, THE EXECUTIVE DIRECTOR OR DESIGNEE WILL DETERMINE WHETHER TO (A) TAKE NO ACTION (B) ASSURE FULL DISCLOSURE TO THE TRUSTEES (C) ASK THE TRUSTEE TO BE RECUSED FROM PARTICIPATION IN RELATED DISCUSSIONS OR DECISIONS; AND/OR (D) ASK THE TRUSTEE TO RESIGN. REGARDING EMPLOYEES, COMPLETED CONFLICTS OF INTEREST DISCLOSURE FORMS WILL BE REVIEWED BY THE HUMAN RESOURCES DEPARTMENT AND DISCLOSED CONFLICTS WILL BE REVIEWED BY CHIEF OF HUMAN RESOURCES. FORM 990, PART VI, SECTION C, LINE 18 UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 SPD AND FINANCIAL REPORTS ARE MADE PUBLIC PURSUANT TO IRS FILING REQUIREMENTS. WRITTEN REQUESTS FOR OTHER INFORMATION WILL BE FORWARDED TO GENERAL COUNSEL'S OFFICE FOR CONSIDERATION. FORM 990, PART VII, SECTION A, LINE 1A, COLUMN D: THE ORGANIZATION DOES NOT HAVE DIRECT EMPLOYEES. THE REPORTABLE COMPENSATION REPORTED ON COLUMN D ARE ALLOCATIONS FROM LOCAL 1199SEIU/EMPLOYER CHILD CARE FUND AND 1199SEIU LEAGUE TRAINING AND UPGRADING FUND. COMPENSATION ALLOCATION: ALL OFFICERS ARE PAID BY 1199SEIU LEAGUE TRAINING AND UPGRADING FUND OR THE 1199SEIU EMPLOYER CHILD CARE FUND FOR THEIR SERVICES PERFORMED FOR THE 1199SEIU FUNDS. THEIR SALARIES ARE THEN ALLOCATED TO EACH FUND BASED ON THE AMOUNT OF SERVICES PROVIDED AND IS REPORTED AS IF PAID BY THE FILING ORGANIZATION. FORM 990, PART XII, LINE 2C: THE FUND'S BOARD OF TRUSTEES ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT. THE CITY OF NEW YORK 1 CENTER STREET ROOM 200N NEW YORK NY 10007 CONTRIBUTING EMPLOYER NY IRC SEC 115 N/A 0 THE NEW YORK CITY HEALTH AND HOSPITALS CORPORATION 125 WORTH STREET NEW YORK NY 10013 CONTRIBUTING EMPLOYER NY 501(C)(3) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1