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NY HOTEL TRADES COUNCIL & HOTEL ASSOC OF NYC INC TRAINING & SCHOLARSHIP

NEW YORK, NY · EIN 136300270 · Form 990 · FY2024 · Medium ($1M-$10M)
revenue
$1.2M
expenses
$1.3M
net assets
$3.6M
employees
0
program ratio
69%
mission · from form 990

TO PROVIDE INDUSTRY TRAINING AND SCHOLARSHIPS TO PARTICIPANTS AND THEIR DEPENDENTS.

profile · synthesized from sources

Provides industry-specific training and scholarship opportunities for workers in the New York City hotel sector and their dependents. The organization supports workforce development and educational advancement within the hospitality industry. Operates in New York City with a focus on union-affiliated hotel employees.

named programs · 2 · from sources

What they call their work

Industry Training Program
Offers vocational and skills-based training for hotel workers in areas such as hospitality management, safety compliance, and customer service
Scholarship Program
Provides educational scholarships to unionized hotel employees and their children pursuing postsecondary education
activities · 1 group

What they do

  • Culinary Workforce Training Programs 1 activity
    • Provides hospitality industry training and scholarships
      Offers vocational training programs and scholarship opportunities in the hotel and hospitality sector for workers and their dependents.
financials · form 990 · fy2024
revenue
Total revenue$1.16M
Contributions & grants$00%
Program service revenue$1.04M90%
Investment income$119K10%
Other revenue$0
expenses
Total expenses$1.30M
Program expenses69%
Admin / overhead31%
Fundraising0%
Salaries & benefits$481K
Grants paid out$538K
Largest expense lineCompensation
balance sheet
Total assets$4.29M
Cash$281K
Investments$3.75M
Liabilities$655K
Net assets$3.63M
Liquid reserves37.1 mo
3 years on record · 2020–2024 · YoY revenue -3.6%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 10
NameTitleHours/wkCompensation
DR DAVID JACOBSON CHIEF EXEC OFFICER 10 $2.46M
RICHARD MAROKO CO-CHAIRMAN 0 $923K
JOHN HEIM CHIEF FINAN OFFICER 30 $741K
ROBERT LAFFERTY CHIEF OPER. OFFICER 5 $651K
VANESSA MEADE UNION TRUSTEE 0 $559K
ANDREW WINDSOR CHIEF ADMINISTRATIVE OFFICER 35 $489K
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.