Overview
What is Ny Hotel Trades Council & Affiliated Locals Staff Insurance Fund?
The Ny Hotel Trades Council & Affiliated Locals Staff Insurance Fund is a nonprofit organization situated in New York City, specifically at 305 West 44th Street. Their primary mission is to provide medical insurance and associated benefits to employees working within the Hotel Trades Council and affiliated organizations. This includes hospitalization coverage, ensuring the well-being and healthcare support for their workforce.
Is Ny Hotel Trades Council & Affiliated Locals Staff Insurance Fund legitimate?
Ny Hotel Trades Council & Affiliated Locals Staff Insurance Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ny Hotel Trades Council & Affiliated Locals Staff Insurance 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 tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $150,390
For more financial information, click here
What is the mission statement of Ny Hotel Trades Council & Affiliated Locals Staff Insurance Fund?
The Ny Hotel Trades Council & Affiliated Locals Staff Insurance Fund's primary mission is to offer medical insurance and associated benefits. Their main activity is centered around providing hospitalization and related medical benefits to the employees of the Hotel Trades Council and its affiliated organizations. This fund aims to support the health and well-being of these employees, ensuring they have access to necessary medical care when needed.
What is the revenue of Ny Hotel Trades Council & Affiliated Locals Staff Insurance Fund?
Ny Hotel Trades Council & Affiliated Locals Staff Insurance Fund's revenue in 2024 was $14,481,035.
Who are the executives of Ny Hotel Trades Council & Affiliated Locals Staff Insurance Fund and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $1,694,700
- Other: $690,934
- Compensation: $0
- Related: $490,823
- Other: $221,420
- Compensation: $0
- Related: $297,571
- Other: $178,957
- Compensation: $0
- Related: $213,228
- Other: $113,544
- Compensation: $0
- Related: $72,028
- Other: $38,355
Where can I find the form 990 for Ny Hotel Trades Council & Affiliated Locals Staff Insurance Fund?
Ny Hotel Trades Council & Affiliated Locals Staff Insurance Fund's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Ny Hotel Trades Council & Affiliated Locals Staff Insurance Fund
The Ny Hotel Trades Council & Affiliated Locals Staff Insurance Fund is dedicated to providing medical insurance and various benefits to the employees of the Hotel Trades Council and affiliated organizations. This nonprofit's mission is centered around offering hospitalization and related medical benefits to its members, ensuring they have access to essential healthcare services during times of need. By providing these benefits, the fund aims to support the well-being and health of its employees, contributing to their overall quality of life.
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Impact
October, 2024
Ny Hotel Trades Council & Affiliated Locals Staff Insurance Fund plays a crucial role in enhancing the well-being of employees within the hotel trades sector. By providing comprehensive medical insurance and related benefits, it ensures that workers have access to necessary hospitalization and healthcare services. This support contributes to the overall health and stability of employees, enabling them to focus on their work without the added stress of medical expenses.
The Fund's mission emphasizes the importance of safeguarding the health of those employed in this industry, creating a more secure and productive workforce. Moreover, by offering these benefits, the Fund fosters a sense of community and mutual support among hotel workers and their affiliated organizations, promoting a spirit of solidarity that is essential in this competitive field.
This information is meant to be a general summary of Ny Hotel Trades Council & Affiliated Locals Staff Insurance Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $337,459
- Program Service Revenue: $14,138,925
- Gross Receipts: $18,672,627
Assets and Liabilities:
- Total Assets: $10,567,039
- Total Liabilities: $503,450
- Net Assets: $10,063,589
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$14,014,727
PARTICIPANTS CONTRIBUTIONS
Revenue
$120,380
MEDICARE RECEIPTS
Revenue
$3,818
Organization Details
Founding Year
1945
Principal Officer
Dr David Jacobson
NTEE Category
Code: Y40 - Mutual benefit
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