NY HOTEL TRADES COUNCIL & HOTEL ASSOC OF NYC INC PREPAID LEGAL SERVICES FUND (EIN 133418414) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1987

Legal Domicile

Principal Officer

DR DAVID JACOBSON

Phone

2125866400

Tax Period

2024-06-01 to 2025-05-31

NY HOTEL TRADES COUNCIL & HOTEL ASSOC OF NYC INC PREPAID LEGAL SERVICES FUND, founded in 1987, is a community nonprofit that reported $7.3M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $2.4M, a strong 32% operating margin.

Mission

TO PROVIDE LEGAL BENEFITS.

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $6,203,882

Investment Income $1,128,673

Other Revenue $0

TOTAL REVENUE $7,332,555

Expense Breakdown

Grants Paid $0

Salaries & Benefits $453,614

Fundraising Expenses $0

Other Expenses $903,804

TOTAL EXPENSES $4,956,070

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,332,555	$6,547,275	+0.1%
Expenses	$4,956,070	$4,381,373	+0.1%
Net Income	$2,376,485	$2,165,902	+0.1%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

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

$3,204,213

Total Directors

$2,641,144

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD MAROKO	CO-CHAIRMAN	0.10	Director	$0	$380,108	$923,053
VIJAY DANDAPANI	CO-CHAIRMAN	0.10	Director	$0	$0	$0
KUBA BROWN	UNION TRUSTEE	0.10	Director	$0	$18,161	$42,676
VANESSA MEADE	UNION TRUSTEE	0.10	Director	$0	$224,693	$559,174
AMY BOKERMAN	UNION TRUSTEE	0.10	Director	$0	$143,985	$363,140
JOE MESSINEO	UNION TRUSTEE	0.10	Director	$0	$162,335	$410,621
ALYSSA TRAMPOSCH	UNION TRUSTEE	0.10	Director	$0	$135,231	$342,480
GEORGE GREENE	EMPLOYER TRUSTEE	0.10	Director	$0	$0	$0
CHRIS ELKO	EMPLOYER TRUSTEE	0.10	Director	$0	$0	$0
WEI HUANG	EMPLOYER TRUSTEE	0.10	Director	$0	$0	$0
GUS CECCHINI	EMPLOYER TRUSTEE	0.10	Director	$0	$0	$0
CLARA PELLERANO	EMPLOYER TRUSTEE	0.10	Director	$0	$0	$0
STEVE BATTA	EMPLOYER TRUSTEE	0.10	Director	$0	$0	$0
FRED GRAPSTEIN	EMPLOYER TRUSTEE	0.10	Director	$0	$0	$0
JOSEPH DELLI SANTI	EMPLOYER TRUSTEE	0.10	Director	$0	$0	$0
MICHAEL J D'ANGELO	EMPLOYER TRUSTEE	0.10	Director	$0	$0	$0
DR DAVID JACOBSON	CHIEF EXEC OFFICER	0.80	Officer	$0	$717,761	$2,463,302
JOHN J HEIM	CHIEF FINAN OFFICER	1.40	Officer	$0	$234,500	$740,911

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	$7,332,555	$4,956,070	$24,902,695	$2,376,485
2024	$6,547,275	$4,381,373	$21,737,015	$2,165,902
2023	$2,898,915	$3,478,623	$18,305,901	$-579,708
2022	$3,572,129	$3,223,673	$16,965,653	$348,456
2021	$2,003,149	$2,710,938	$18,307,034	$-707,789
2020	$6,253,313	$4,827,493	$19,435,130	$1,425,820
2019	$5,729,989	$5,201,631	$17,566,910	$528,358
2018	$5,636,254	$4,865,751	$16,486,666	$770,503

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