2025-11-17T09:55:07-06:00 2024-12-31 750786316 WEAVER AND TIDWELL LLP ONE PENNSYLVANIA PLAZA STE 2800 NEW YORK NY 10119 990 2024-01-01 132623987 LICENSED PRACTICAL NURSES WELFARE FUND LICE 6464736656 PO BOX 842 NEW YORK NY 10108 LORRAINE HENRY-DEMPSEY TRUSTEE 6464736656 2025-11-13 1 0 MATTHEW SIMON CPA P01306208 2126955003 2024 2025-03-06 01:10:19Z LORRAINE HENRY-DEMPSEY 498 SEVENTH AVENUE 5TH FLOOR NEW YORK NY 10018 1018768 0 X HTTP://1199SEIUBENEFITS.ORG X 1968 NY TO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS. 7 3 9 3 0 0 0 0 635995 596846 172895 187135 659 234787 809549 1018768 0 0 1191435 860497 0 0 0 0 0 107604 95928 1299039 956425 -489490 62343 5831552 5779338 37378 33892 5794174 5745446 TO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS 0 0 PROVIDED HEALTH AND OTHER BENEFITS TO APPROX. 400 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 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 3 0 1 9 1 0 0 0 0 0 0 0 0 0 0 X 7 3 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X MERCEDES MAMBRU CHIEF FINANCIAL OFFICER 6464736656 498 SEVENTH AVENUE 5TH FLOOR NEW YORK NY 10018 VICKY REID TRUSTEE 1.00 X 0 0 0 DAN RATNER UNION TRUSTEE 1.00 34.00 X 0 0 0 STACYLEA GRAY UNION TRUSTEE 1.00 34.00 X 0 0 0 JOYCE NEIL UNION TRUSTEE - FORMER 1.00 34.00 X 0 0 0 KIM CAMERON TRUSTEE - FORMER 1.00 X 0 0 0 JOSEPH CHINEA UNION TRUSTEE 1.00 X 0 0 0 FABIOLA BUDDAN-MAIS TRUSTEE 1.00 X 0 0 0 LORRAINE HENRY-DEMPSEY TRUSTEE 1.00 X 0 0 0 SAUNDRA SMITH TRUSTEE 1.00 X 0 0 0 DONNA REY EXECUTIVE OFFICER 1.00 34.00 X 0 954313 481818 MERCEDES MAMBRU CHIEF FINANCIAL OFFICER 1.00 34.00 X 0 509851 271960 VAN DUNN CHIEF MEDICAL OFFICER 1.00 34.00 X 0 579782 318443 LORRAINE MONCHAK CHIEF INVESTMENTS OFFICER 1.00 34.00 X 0 1557795 779824 FERDAG DILAY ALTINER PORTFOLIO MANAGER 1.00 X 0 415564 202321 SUZANNE A METZGER CHIEF GENERAL COUNSEL 1.00 X 0 445011 251980 ANGELA SCOTT CHIEF OF BENEFIT OPERATION 1.00 34.00 X 0 545348 282236 STACEY MILLMAN CHIEF COMMUNICATIONS OFFIC 1.00 34.00 X 0 624057 315506 BRANDY SHILOH CHIEF ADMINISTRATIVE OFFIC 1.00 34.00 X 0 795442 408256 0 6427163 3312344 0 0 1 0 0 EMPLOYER CONTRIBUTIONS 900099 596462 596462 COBRA CONTRIBUTION 900099 384 384 596846 187135 187135 OTHER INCOME 900099 234787 234787 234787 1018768 831633 0 187135 860497 15000 17625 49348 479 ADMINISTRATIVE OVERHEAD 13476 956425 266107 476726 205951 645972 360076 448463 29598 13061 4966366 4152409 3454 42707 5831552 5779338 37378 33892 37378 33892 X 0 0 0 0 5794174 5745446 5794174 5745446 5831552 5779338 62343 -111071 0 X X 0 1 X 1 0 0 X 907697 -111071 -111071 1018768 0 1018768 956425 0 956425 0 956425 PART X, LINE 2: FORM 990, PART IV, LINE 11F: US GAAP REQUIRES PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FUND AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION 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, 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 FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE PLAN ADMINISTRATOR BELIEVES IT IS NO LONGER SUBJECT TO FEDERAL INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2021. 0 1 0 LORRAINE MONCHAK CHIEF INVESTMENTS OFFICER 0 1418709 0 0 0 139086 44968 160314 0 574542 44968 2292651 0 0 DONNA REY EXECUTIVE OFFICER 0 771181 0 0 0 183132 83425 87144 0 311249 83425 1352706 0 0 BRANDY SHILOH CHIEF ADMINISTRATIVE OFFIC 0 666743 0 0 0 128699 63816 75342 0 269098 63816 1139882 0 0 STACEY MILLMAN CHIEF COMMUNICATIONS OFFIC 0 501827 0 0 0 122230 54038 56706 0 204762 54038 885525 0 0 VAN DUNN CHIEF MEDICAL OFFICER 0 499660 0 0 0 80122 59260 56461 0 202722 59260 838965 0 0 ANGELA SCOTT CHIEF OF BENEFIT OPERATION 0 446794 0 0 0 98554 48918 50488 0 182830 48918 778666 0 0 MERCEDES MAMBRU CHIEF FINANCIAL OFFICER 0 430219 0 0 0 79632 47850 48615 0 175495 47850 733961 0 0 SUZANNE A METZGER CHIEF GENERAL COUNSEL 0 395141 0 0 0 49870 47850 44651 0 159479 47850 649141 0 0 FERDAG DILAY ALTINER PORTFOLIO MANAGER 0 387839 0 0 0 27725 0 43826 0 158495 0 617885 0 0 FORM 990, SCHEDULE J, PART III ALL OFFICERS AND KEY EMPLOYEES ARE PAID BY 1199 SEIU 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 RECEIEVED FOR SERVICES PROVIDED BY ALL RELATED ORGANIZATIONS. SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN THE FOLLOWING INDIVIDUALS PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN AND RECEIVED TAXABLE DISTRIBUTIONS DURING 2024: LORRAINE MONCHAK $104,314 DONNA S. REY $161,398 BRANDY D. SHILOH $125,502 VAN DUNN $60,239 STACEY MILLMAN $107,250 ANGELA SCOTT $88,613 SUZANNE METZGER $39,228 MERCEDES MAMBRU $77,715 THE ABOVE AMOUNTS ARE INCLUDED ON SCHEDULE J, PART II, COLUMN B (III). THE FOLLOWING INDIVIDUALS PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN AND RECEIVED DEFERRED CONTRIBUTIONS DURING 2024: LORRAINE MONCHAK $44,968 DONNA S. REY $83,425 MERCEDES MAMBRU $47,850 BRANDY D. SHILOH $63,816 VAN DUNN $59,260 STACEY MILLMAN $54,038 ANGELA SCOTT $48,918 SUZANNE A METZGER $47,850 THE ABOVE AMOUNTS ARE INCLUDED ON SCHEDULE J, PART II, COLUMN C. FORM 990, PART V, LINE 2A: W-2'S ARE ISSUED TO PARTICIPANTS OF THE PLAN WHO RECEIVE SCHOLARSHIP BENEFITS. FORM 990, PART VI, SECTION A, LINE 2 ALL OF THE UNION TRUSTEES ARE ALSO EMPLOYEES OF 1199SEIU (THE UNION) AND THEREFORE HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER. 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 A TRUSTEE. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES AND EMPLOYEES ARE REQUIRED TO ANNUALLY DISCLOSE OR UPDATE TO THE EXECUTIVE DIRECTOR, OR DESIGNEE, THEIR INTERESTS 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 HUMAN RESOURCES MANAGEMENT. 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 XII, LINE 2C: THE PLAN'S PROCESS FOR OVERSEEING THE AUDIT OF IT'S FINANCIAL STATEMENTS AND THE SELECTION OF ITS INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. 1199SEIU NATIONAL BENEFIT FUND 498 SEVENTH AVENUE 5TH FLOOR NEW YORK NY 10018 131628401 TO PROVIDE HEALTH BENEFITS TO COVERED PARTICIPANTS NY 501(C)(9) N/A 0 1199SEIU UNITED HTHCRE WRKRS EMPLOY 498 SEVENTH AVENUE 24TH FLOOR NEW YORK NY 10018 131510821 UNION FOR HEALTH AND HUMAN SERVICES WORKERS NY 501(C)(5) N/A 0 1199SEIU HEALTH CARE EMPLOYEE PENSION 498 SEVENTH AVENUE 5TH FLOOR NEW YORK NY 10018 133604862 PENSION FUND NY 501(A) N/A 0 1199SEIU LEAGUE TRAINING AND UPGRADING FUND 498 SEVENTH AVENUE 5TH FLOOR NEW YORK NY 10018 132637580 EDUCATION TRAINING NY 501(C)(3) 9 N/A 0 1199SEIU LEAGUE JOB SECURITY FUND 498 SEVENTH AVENUE 5TH FLOOR NEW YORK NY 10018 133712851 BENEFIT FUND NY 501(C)(9) N/A 0 1199SEIU LEAGUE REGISTERED NURSE TRAINING 498 SEVENTH AVENUE 5TH FLOOR NEW YORK NY 10018 133946135 EDUCATION TRAINING NY 501(C)(9) N/A 0 1199SEIU LABOR MANAGEMENT INITIATIVES INC 498 SEVENTH AVENUE 5TH FLOOR NEW YORK NY 10018 133800331 LABOR MANAGEMENT NY 501(C)(5) N/A 0 LOCAL EMPLOYER CHILD CARE FUND 498 SEVENTH AVENUE 5TH FLOOR NEW YORK NY 10018 133641466 CHILDCARE NY 501(C)(9) N/A 0 THE CITY OF NEW YORK 1 CENTER STREET ROOM 200N NEW YORK NY 10007 CONTRIBUTING EMPLOYER NY N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1