NY HOTEL TRADES COUNCIL & AFFILIATED LOCALS STAFF INSURANCE FUND (EIN 131531223) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1945

Legal Domicile

Principal Officer

DR DAVID JACOBSON

Phone

2125866400

Tax Period

2024-08-01 to 2025-07-31

NY HOTEL TRADES COUNCIL & AFFILIATED LOCALS STAFF INSURANCE FUND, founded in 1945, is a mid-sized nonprofit that reported $16.6M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $21.2M exceeded revenue, resulting in a 28% operating deficit.

Mission

TO PROVIDE MEDICAL INSURANCE AND OTHER BENEFITS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $16,225,226

Investment Income $381,666

Other Revenue $0

TOTAL REVENUE $16,606,892

Expense Breakdown

Grants Paid $0

Salaries & Benefits $210,514

Fundraising Expenses $0

Other Expenses $532,296

TOTAL EXPENSES $21,208,306

Year-over-Year Comparison

	2024	2023	Change
Revenue	$16,606,892	$14,481,035	+0.1%
Expenses	$21,208,306	$12,643,410	+0.7%
Net Income	$-4,601,414	$1,837,625	-3.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

$4,832,886

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR DAVID JACOBSON	CHIEF EXEC OFFICER	0.10	Director	$0	$717,761	$2,463,302
JOHN J HEIM	CHIEF FINAN OFFICER	0.10	Director	$0	$234,500	$740,911
RICHARD MAROKO	CO-CHAIRMAN	0.10	Director	$0	$380,108	$923,053
AMY BOKERMAN	UNION TRUSTEE	0.10	Director	$0	$143,985	$363,140
ALYSSA TRAMPOSCH	UNION TRUSTEE	0.10	Director	$0	$135,231	$342,480

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$16,606,892	$21,208,306	$10,388,278	$-4,601,414
2024	$14,481,035	$12,643,410	$14,567,595	$1,837,625
2023	$11,383,203	$10,314,135	$11,950,314	$1,069,068
2022	$9,524,656	$10,314,144	$10,567,039	$-789,488
2021	$9,260,895	$11,811,519	$16,151,852	$-2,550,624
2020	$12,077,768	$12,893,666	$14,470,747	$-815,898
2019	$11,398,741	$12,610,287	$15,885,319	$-1,211,546
2018	$11,136,908	$10,235,156	$15,241,118	$901,752

NY HOTEL TRADES COUNCIL & AFFILIATED LOCALS STAFF INSURANCE FUND