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NY HOTEL TRADES COUNCIL & HOTEL ASSOC OF NYC INC PREPAID LEGAL SERVICES FUND

NEW YORK, NY · EIN 133418414 · Form 990 · FY2024 · Medium ($1M-$10M)
revenue
$7.3M
expenses
$5.0M
net assets
$24.6M
employees
0
mission · from form 990

TO PROVIDE LEGAL BENEFITS.

profile · synthesized from sources

Provides legal benefits to individuals associated with the hotel industry in New York City. The organization operates as a prepaid legal services fund, offering access to legal representation and related services. Its primary mission is to support workers and potentially employers within the NYC hotel sector through legal assistance programs.

named programs · 1 · from sources

What they call their work

Prepaid Legal Services Program
Provides legal representation, consultations, and related legal support services to eligible individuals in the hotel industry through a prepaid membership model
activities · 1 group

What they do

  • Legal Representation for Members 1 activity
    • Providing legal benefits to members
      Offers legal services and benefits to members of the NY Hotel Trades Council and Hotel Association of NYC. The program is designed to support union members with access to prepaid legal services.
financials · form 990 · fy2024
revenue
Total revenue$7.33M
Contributions & grants$00%
Program service revenue$6.20M85%
Investment income$1.13M15%
Other revenue$0
expenses
Total expenses$4.96M
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$454K
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$24.90M
Cash$2.34M
Investments$21.91M
Liabilities$255K
Net assets$24.65M
Liquid reserves58.7 mo
6 years on record · 2019–2024 · YoY revenue +12.0%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 8
NameTitleHours/wkCompensation
DR DAVID JACOBSON CHIEF EXEC OFFICER 1 $2.46M
RICHARD MAROKO CO-CHAIRMAN 0 $923K
JOHN J HEIM CHIEF FINAN OFFICER 1 $741K
VANESSA MEADE UNION TRUSTEE 0 $559K
JOE MESSINEO UNION TRUSTEE 0 $411K
AMY BOKERMAN UNION TRUSTEE 0 $363K
ALYSSA TRAMPOSCH UNION TRUSTEE 0 $342K
KUBA BROWN UNION TRUSTEE 0 $43K
board members · 10
  • CHRIS ELKO — EMPLOYER TRUSTEE
  • CLARA PELLERANO — EMPLOYER TRUSTEE
  • FRED GRAPSTEIN — EMPLOYER TRUSTEE
  • GEORGE GREENE — EMPLOYER TRUSTEE
  • GUS CECCHINI — EMPLOYER TRUSTEE
  • JOSEPH DELLI SANTI — EMPLOYER TRUSTEE
  • MICHAEL J D'ANGELO — EMPLOYER TRUSTEE
  • STEVE BATTA — EMPLOYER TRUSTEE
  • VIJAY DANDAPANI — CO-CHAIRMAN
  • WEI HUANG — EMPLOYER TRUSTEE
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.