New York Trades Council & Hotel Association of New York City
Only null% goes to programs Strong reserves Growing revenue
New York Trades Council & Hotel Association of New York City is a 501(c)(9) organization based in New York, New York, registered in 2011, with $294,359,296 in FY2024 revenue. CharityIndex grades it A.
305 W 44th Street, New York, NY, 10036 EIN 13-1595091 Since 2011
Revenue (FY2024)
$294.4M
▲ 26.4% vs prior year
Membership median: $185K
Expenses (FY2024)
$282.7M
Net assets
$173.0M
Employees
1,030
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for New York Trades Council & Hotel Association of New York City— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating7 mo reserves · +4% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For New York Trades Council & Hotel Association of New York City: 7 mo reserves · +4% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For New York Trades Council & Hotel Association of New York City: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
BTransparency10% of the rating3 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For New York Trades Council & Hotel Association of New York City: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To provide medical and surgical care to active and retired members of the hotel industry in new york city and to educate in health maintenance and disease prevention and to support medical research and teaching medical schools.
Contact & location
- Address
- 305 W 44th Street, New York, NY, 10036
- City
- New York
- State
- New York
- Category
- Mutual & Membership Benefit
- Subcategory
- Insurance Providers
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $112.7M (FY2013) to $294.4M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $88.6MNet assets $173.0M
Operating margin
4.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$261.6M
Total liabilities
$88.6M
Net assets
$173.0M
Salaries & benefits
$113.2M
40% of expenses
Board members
16
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $294,359,296▲26.4% | $282,727,285▲21.8% | $172,956,914▲91.5% | $261,595,847▲43.7% | 990 |
| 2023 | $232,853,037▲22.8% | $232,165,554▲27.1% | $90,324,903▲0.8% | $182,029,555▼1.4% | 990 |
| 2022 | $189,604,690▲45.8% | $182,717,041▲27.2% | $89,637,420▲14.8% | $184,580,939▼3.5% | 990 |
| 2021 | $130,078,266▼44.3% | $143,633,763▼38.4% | $78,092,414▼14.8% | $191,278,895▼4.9% | 990 |
| 2020 | $233,635,897▼14.0% | $233,015,487▼11.1% | $91,647,911▲0.7% | $201,134,344▼1.3% | 990 |
| 2019 | $271,640,448▲5.5% | $262,131,998▲4.8% | $91,027,501▲11.7% | $203,712,766▲0.9% | 990 |
| 2018 | $257,378,155▼5.4% | $250,189,895▲9.8% | $81,519,051▲9.7% | $201,898,157▲2.7% | 990 |
| 2017 | $272,120,961▲120% | $227,878,817▲84.8% | $74,330,791▲147% | $196,623,740▲31.5% | 990 |
| 2016 | $123,714,136▼10.5% | $123,313,714▲3.2% | $30,138,378▼41.7% | $149,513,189▲48.8% | 990 |
| 2015 | $138,174,862▲20.7% | $119,524,087▲5.3% | $51,717,223▲56.4% | $100,460,919▲23.3% | 990 |
| 2014 | $114,461,293▲1.6% | $113,473,122▲1.8% | $33,072,854▲3.1% | $81,487,046▼0.3% | 990 |
| 2013 | $112,690,988 | $111,461,394▲7.1% | $32,090,873▲4.0% | $81,772,171▲30.7% | 990 |
| 2012 | — | $104,073,623▲5.7% | $30,847,681▲0.4% | $62,556,892▼0.4% | 990 |
| 2011 | — | $98,438,872▼0.3% | $30,719,568▲1.3% | $62,788,817▼1.1% | 990 |
| 2010 | — | $98,735,441▼2.2% | $30,336,560▼12.5% | $63,467,436▼7.5% | 990 |
| 2008 | — | $100,961,865 | $34,674,422 | $68,607,629 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Dr David Jacobson — $1,745,541 (0.62% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dr David Jacobson | Chief Exec Officer | 30 | $1,745,541 |
| Gerardo Posada | Psychiatrist | 40 | $513,464 |
| Lana T Vardanian | Chief Medical Officer | 35 | $506,537 |
| John J Heim | Chief Finan Officer | 10 | $506,411 |
| Ho Lee | Oral Surgeon | 40 | $460,122 |
| Ashok D'souza | Medical Director | 35 | $460,029 |
| Robert M Lafferty | Chief Oper. Officer | 35 | $443,446 |
| Luis A Gonzales | Psychiatrist | 40 | $439,783 |
| Mayer Sinensky | Periodontist | 40 | $421,311 |
| Elsie Yamile Bermudez Pouchard | Psychiatrist | 40 | $382,763 |
| Michael L Gross | Orthopedic Services Director | 35 | $361,775 |
| Andrew Windsor | Chief Administrative Officer | 5 | $328,244 |
| Jonathan Cerezo | Chief Info Officer | 35 | $304,620 |
| Luisa Noguera Coughlan | Medical Director | 35 | $280,522 |
| Karl Latortue | Medical Director | 35 | $276,883 |
| William Torres | Chief Hr Officer | 35 | $267,813 |
| Sine Akten | Nephrology Director | 35 | $263,916 |
| Krystal Renee Jenkins | Medical Director | 35 | $238,022 |
| Eric Clancy | Facilities Director | 35 | $236,751 |
| Fredric O Lee | Dental Director | 35 | $221,028 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Cardinal Health 110 Inc | Healthcare Solutions | $68,593,529 |
| Cerner Corporation | Healthcare Solutions | $4,074,055 |
| Payer Matrix LLC | Specialty Pharmacy Services | $3,458,871 |
| Henry Schein Practice Solutions | Dental Solutions & Supplies | $2,513,552 |
| Benchmark Builders LLC | Construction Management | $2,163,605 |
Similar organizations in Membership
Membership
Labor-management Healthcare Fund
Cheektowaga, NY
$277.9M
Bannual revenue
Membership
Mason Tenders District Council Welfare Fund
New York, NY
$257.4M
Aannual revenue
- Membership
International Brotherhood of Trade Unions Health & Welfare Fd Tr
Carle Place, NY
$229.3M
B+annual revenue
Membership
New York State Teamsters Council Health & Hospital Fund
Syracuse, NY
$222.7M
Aannual revenue
- Membership
Washington Saratoga Warren Hamiltonessex Counties Health Ins Consorti
Wilton, NY
$174.3M
Aannual revenue
Membership
Ny44 Health Benefits Plan Tr
West Seneca, NY
$152.3M
Aannual revenue
- Membership
Mondelez Global LLC Group Benefit Trust I
New York, NY
$149.2M
B+annual revenue
- Membership
1199 Seiu National Benefit Fund For Home Care Employees
New York, NY
$131.5M
B+annual revenue
- Membership
Plumbing Industry Board of Plumbers
Long Island City, NY
$99.1M
Bannual revenue
Membership
Ufcw Local One Health Care Fund
Oriskany, NY
$73.4M
B+annual revenue
Compare New York Trades Council & Hotel Association of New York City
Frequently asked questions
- Is New York Trades Council & Hotel Association of New York City a legitimate nonprofit?
- Yes. New York Trades Council & Hotel Association of New York City is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 13-1595091, based in New York, New York.
- What is New York Trades Council & Hotel Association of New York City's EIN?
- New York Trades Council & Hotel Association of New York City's Employer Identification Number (EIN) is 13-1595091.
- How much revenue does New York Trades Council & Hotel Association of New York City report?
- New York Trades Council & Hotel Association of New York City reported $294,359,296 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does New York Trades Council & Hotel Association of New York City have?
- CharityIndex grades New York Trades Council & Hotel Association of New York City A, based on financial health (reserves and operating margin).
- How much does New York Trades Council & Hotel Association of New York City's highest-paid employee make?
- The highest reported compensation on New York Trades Council & Hotel Association of New York City's latest Form 990 is $1,745,541, paid to Dr David Jacobson (Chief Exec Officer).
More nonprofits in New York
Explore more
Data for New York Trades Council & Hotel Association of New York City (EIN 13-1595091) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.