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
What are the reviews and ratings of this charity?
The New York Hotel Trades Council And Hotel Association Of NYC Inc Health Benefits Fund does not have a current rating from Charity Navigator. This is primarily due to its classification, as it is not a 501(c)(3) IRS registered nonprofit; thus, it does not meet the criteria for Charity Navigator's established rating methodologies.
It's important to note that the absence of a rating does not necessarily reflect negatively or positively on the organization. Traditionally, Charity Navigator’s assessments have focused on financial accountability and transparency metrics, which this entity is not evaluated under due to its foundation status. Its foundation code indicates it is a non-501(c)(3), impacting its eligibility for tax-deductible contributions and standard transparency evaluations.
There is no available user feedback from GreatNonprofits to provide additional insights into public perception or operational effectiveness. Therefore, specific strengths or weaknesses as perceived by the public cannot be determined from the data provided.
This AI summary has been generated from information found on Charity Navigator.
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 tax deductible.
Heare 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):
- Compensation: $0
- Related: $228,541
- Other: $118,270
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $20,841
- Other: $10,786
- Compensation: $0
- Related: $68,140
- Other: $35,263
- Compensation: $0
- Related: $195,547
- Other: $101,196
- Compensation: $0
- Related: $120,840
- Other: $62,534
- Compensation: $0
- Related: $60,753
- Other: $31,440
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,268,386
- Other: $525,171
- Compensation: $0
- Related: $482,305
- Other: $218,599
- Compensation: $0
- Related: $466,978
- Other: $212,622
- Compensation: $0
- Related: $278,623
- Other: $136,513
- Compensation: $0
- Related: $239,546
- Other: $93,423
- Compensation: $0
- Related: $420,085
- Other: $194,333
- Compensation: $0
- Related: $263,445
- Other: $107,993
- Compensation: $0
- Related: $259,121
- Other: $126,969
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?
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.
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Impact
October, 2024
New York Hotel Trades Council and Hotel Assoc of NYC Inc Health Benefits Fund plays a crucial role in enhancing the well-being of its participants by providing essential medical, dental, and hospitalization benefits. This organization ensures that eligible participants and their dependents have access to comprehensive health coverage, which is vital for maintaining their physical and mental health.
By offering a broad range of benefits, including medical, surgical, hospital, accident, dental, optical, and life insurance, the Fund significantly contributes to the overall quality of life for individuals in the hospitality industry. This support not only helps in mitigating the financial burden associated with healthcare costs but also fosters a healthier workforce.
The Fund's commitment to providing critical health benefits reinforces job security and stability within the industry, allowing members to focus on their careers without the added stress of financial hardships related to health issues. Overall, the impact of this organization is profound, contributing significantly to the health and well-being of workers and their families in New York City's hospitality sector.
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.
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 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
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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
Phone
(212) 586-6400Principal Officer
Dr David Jacobson
Main Address
305 WEST 44TH STREET, NEW YORK, NY, 10036
Website
www.hotelfunds,orgNTEE Category
Code: Y40 - Mutual benefit
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