Nonprofit · EIN 13-6126923
NEW YORK HOTEL TRADES COUNCIL AND HOTEL ASSOC OF NYC INC HEALTH BENE
Also known as HEALTH BENEFITS FUND
Tax-exempt · NEW YORK, NY 10036
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $562,005,789 | $613,254,777 | -$51,248,988 | $324,390,257 | $44,841,627 | $279,548,630 |
| December 31, 2023 | 990 | $509,607,220 | $480,119,669 | $29,487,551 | $420,840,785 | $31,672,123 | $389,168,662 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $550,846,196
- Investment income
- $8,383,324
- Net gain from sales of assets
- $89,077
- Other revenue
- $2,776,269
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $593,253,886
- Other salaries and wages
- $4,650,979
- Salaries, compensation and benefits (total)
- $6,543,192
- Professional fundraising fees
- $0
- Legal fees
- $712,881
- Accounting fees
- $347,036
- Occupancy
- $721,323
- Travel
- $15,118
- Depreciation
- $795,811
Balance sheet and other
- Total assets, start of year
- $420,840,785
- Total assets, end of year
- $324,390,257
- Total liabilities, end of year
- $44,841,627
- Net assets, end of year
- $279,548,630
- Land, buildings and equipment
- $5,217,738
- Publicly traded securities
- $163,375,012
- Net assets without donor restrictions
- $279,548,630
- Gross receipts
- $594,125,336
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1944
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DR DAVID JACOBSON | CHIEF EXEC OFFICER Officer | 10 | $0 | $1,745,541 | $717,761 |
| RICHARD MAROKO | CO-CHAIRMAN Trustee or director | 0.1 | $0 | $542,945 | $380,108 |
| LANA T VARDANIAN | CHIEF MEDICAL OFFICER Officer | 5 | $0 | $506,537 | $234,549 |
| JOHN HEIM | CHIEF FINAN OFFICER Officer | 30 | $0 | $506,411 | $234,500 |
| ASHOK D'SOUZA | MEDICAL DIRECTOR Key employee | 5 | $0 | $460,029 | $213,911 |
| ROBERT LAFFERTY | CHIEF OPER. OFFICER Officer | 5 | $0 | $443,446 | $207,444 |
| VANESSA MEADE | UNION TRUSTEE Trustee or director | 0.1 | $0 | $334,481 | $224,693 |
| ANDREW WINDSOR | CHIEF ADMINISTRATIVE OFFICER Officer | 35 | $0 | $328,244 | $161,028 |
| LUISA NOGUERA COUGHLAN | MEDICAL DIRECTOR Key employee | 5 | $0 | $280,522 | $137,405 |
| KARL LATORTUE | MEDICAL DIRECTOR Key employee | 5 | $0 | $276,883 | $135,673 |
| JOE MESSINEO | UNION TRUSTEE Trustee or director | 0.1 | $0 | $248,286 | $162,335 |
| AMY BOKERMAN | UNION TRUSTEE Trustee or director | 0.1 | $0 | $219,155 | $143,985 |
| KRYSTAL RENEE JENKINS | MEDICAL DIRECTOR Key employee | 5 | $0 | $238,022 | $116,611 |
| ALYSSA TRAMPOSCH | UNION TRUSTEE Trustee or director | 0.1 | $0 | $207,249 | $135,231 |
| SAMUEL H KARP | DIRECTOR MHAP Key employee | 5 | $0 | $183,578 | $89,954 |
12 more people on this return
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KATHERINE M MASTROTA | DIRECTOR OPTOMETRY Key employee | 5 | $0 | $172,938 | $80,390 |
| KUBA BROWN | UNION TRUSTEE Trustee or director | 0.1 | $0 | $24,515 | $18,161 |
| VIJAY DANDAPANI | CO-CHAIRMAN Trustee or director | 0.1 | $0 | $0 | $0 |
| GEORGE GREENE | EMPLOYER TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| CHRIS ELKO | EMPLOYER TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| WEI HUANG | EMPLOYER TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| GUS CECCHINI | EMPLOYER TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| CLARA PELLERANO | EMPLOYER TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| STEVE BATTA | EMPLOYER TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| FRED GRAPSTEIN | EMPLOYER TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| JOSEPH DELLI SANTI | EMPLOYER TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| MICHAEL J D'ANGELO | EMPLOYER TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 24 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DR DAVID JACOBSON | CHIEF EXECUTIVE OFFICER Officer | 10 | $0 | $1,694,700 | $690,934 |
| JOHN HEIM | CHIEF FINANCIAL OFFICER Officer | 10 | $0 | $490,823 | $221,420 |
| LANA T VARDANIAN | CHIEF MEDICAL OFFICER Officer | 11 | $0 | $489,201 | $220,788 |
| ROBERT LAFFERTY | CHIEF OPERATING OFFICER Officer | 5 | $0 | $429,749 | $190,103 |
| ASHOK D'SOUZA | MEDICAL DIRECTOR Key employee | 5 | $0 | $433,247 | $186,260 |
| RICHARD MAROKO | CO-CHAIRMAN Trustee or director | 0.1 | $0 | $297,571 | $178,957 |
| ANDREW WINDSOR | CHIEF ADMINISTRATIVE OFFIC Officer | 5 | $0 | $308,660 | $150,377 |
| KARL LATORTUE | MEDICAL DIRECTOR Key employee | 5 | $0 | $280,146 | $139,257 |
| KRYSTAL RENEE JENKINS | MEDICAL DIRECTOR Key employee | 5 | $0 | $275,768 | $130,050 |
| LUISA NOGUERA COUGHLAN | MEDICAL DIRECTOR Key employee | 5 | $0 | $273,424 | $118,399 |
| AMY BOKERMAN | UNION TRUSTEE Trustee or director | 0.1 | $0 | $213,228 | $113,544 |
| JOE MESSINEO | UNION TRUSTEE Trustee or director | 0.1 | $0 | $126,060 | $67,127 |
| VANESSA MEADE | UNION TRUSTEE Trustee or director | 0.1 | $0 | $77,952 | $41,510 |
| ALYSSA TRAMPOSCH | UNION TRUSTEE Trustee or director | 0.1 | $0 | $72,028 | $38,355 |
| KUBA BROWN | UNION TRUSTEE Trustee or director | 0.1 | $0 | $21,810 | $11,614 |
| VIJAY DANDAPANI | CO-CHAIRMAN Trustee or director | 0.1 | $0 | $0 | $0 |
| GEORGE GREENE | EMPLOYER TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| WEI HUANG | EMPLOYER TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| GUS CECCHINI | EMPLOYER TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| CLARA PELLERANO | EMPLOYER TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| STEVE BATTA | EMPLOYER TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| MICHAEL D'ANGELO | EMPLOYER TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| FRED GRAPSTEIN | EMPLOYER TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| JOSEPH DELLI SANTI | EMPLOYER TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 305 WEST 44TH STREET, NEW YORK, NY 10036-5407
- In care of
- % HEALTH BENEFITS FUND
- Principal officer (990 for 2024)
- DR DAVID JACOBSON, 305 WEST 44TH STREET, NEW YORK, NY 10036
- Signed the 990
- DR DAVID JACOBSON, CHIEF EXECUTIVE OFFICER
- Phone
- (212) 586-6400
- Return prepared by
- MSPC CPAS & ADVISORS PC
Mission
TO PROVIDE MEDICAL, DENTAL, HOSPITALIZATION AND LIFE INSURANCE BENEFITS TO PARTICIPANTS.
Program accomplishments
- THE EXEMPT PURPOSE OF THE ORGANIZATION IS TO PROVIDE MEDICAL, SURGICAL, HOSPITAL, ACCIDENT, DENTAL, OPTICAL AND LIFE INSURANCE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR COVERED DEPENDENTS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 13-6126923
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Exempt since
- 1948
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $324,390,257
- Income (IRS master file)
- $594,125,336
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $562,005,789 | $613,254,777 | $324,390,257 | XML |
| 990 | December 2023 | $509,607,220 | $480,119,669 | $420,840,785 | XML |
| 990 | December 2022 | $447,170,967 | $394,684,160 | $381,570,475 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-6126923).
Questions about NEW YORK HOTEL TRADES COUNCIL AND HOTEL ASSOC OF NYC INC HEALTH BENE
- What is the EIN of NEW YORK HOTEL TRADES COUNCIL AND HOTEL ASSOC OF NYC INC HEALTH BENE?
- The employer identification number (EIN) of NEW YORK HOTEL TRADES COUNCIL AND HOTEL ASSOC OF NYC INC HEALTH BENE is 13-6126923.
- Is NEW YORK HOTEL TRADES COUNCIL AND HOTEL ASSOC OF NYC INC HEALTH BENE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1948.
- Which annual return does NEW YORK HOTEL TRADES COUNCIL AND HOTEL ASSOC OF NYC INC HEALTH BENE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEW YORK HOTEL TRADES COUNCIL AND HOTEL ASSOC OF NYC INC HEALTH BENE due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW YORK HOTEL TRADES COUNCIL AND HOTEL ASSOC OF NYC INC HEALTH BENE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of NEW YORK HOTEL TRADES COUNCIL AND HOTEL ASSOC OF NYC INC HEALTH BENE?
- The 990 for the year ended December 31, 2024 names DR DAVID JACOBSON.
- Who are the officers and directors of NEW YORK HOTEL TRADES COUNCIL AND HOTEL ASSOC OF NYC INC HEALTH BENE?
- The 990 for the year ended December 31, 2024 lists 27 people; 0 received compensation from the organization.
- How much revenue does NEW YORK HOTEL TRADES COUNCIL AND HOTEL ASSOC OF NYC INC HEALTH BENE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $562,005,789, expenses of $613,254,777 and total assets of $324,390,257 at year end.
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