HOTEL TRADES COUNCIL AFL-CIO AND HOTEL ASSOCIATION OF NEW YORK CITY LMCTF (EIN 384105519) - 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

2019

Legal Domicile

Principal Officer

DR DAVID JACOBSON

Phone

2125866400

Tax Period

2024-01-01 to 2024-12-31

HOTEL TRADES COUNCIL AFL-CIO AND HOTEL ASSOCIATION OF NEW YORK CITY LMCTF, founded in 2019, is a community nonprofit in the Employment sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $778K, a strong 55% operating margin.

Mission

TO ENHANCE THE RELATIONSHIP BETWEEN HOTEL OWNERS AND OPERATORS AND UNION EMPLOYEES WORKING AT THE HOTELS. SPECIFICALLY, IT IS DESIGNED TO IMPROVE COMMUNICATIONS BETWEEN REPRESENTATIVES OF LABOR AND MANAGEMENT WITH RESPECT TO MATTERS THAT ARE IMPORTANT FOR THE OPERATION OF HOTELS FROM EACH OF THE MANAGEMENT AND LABOR SIDE IDENTIFYING AND EXPLAINING AREAS OF IMPROVEMENT.

🔒

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 $1,291,022

Investment Income $123,850

Other Revenue $0

TOTAL REVENUE $1,414,872

Expense Breakdown

Grants Paid $0

Salaries & Benefits $89,079

Fundraising Expenses $0

Other Expenses $547,519

TOTAL EXPENSES $636,598

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,414,872	$1,167,681	+0.2%
Expenses	$636,598	$122,233	+4.2%
Net Income	$778,274	$1,045,448	-0.3%

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

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

$4,344,375

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
WEI HUANG	EMPLOYER TRUSTEE	0.10	Director	$0	$0	$0
JOSEPH DELLI SANTI	EMPLOYER TRUSTEE	0.10	Director	$0	$0	$0
DR DAVID JACOBSON	CHIEF EXEC OFFICER	10.00	Officer	$0	$717,761	$2,463,302
JOHN HEIM	CHIEF FINAN OFFICER	10.00	Officer	$0	$234,500	$740,911
ANDREW WINDSOR	CHIEF ADMINISTRATIVE OFFICER	5.00	Officer	$0	$161,028	$489,272
ROBERT LAFFERTY	CHIEF OPER. OFFICER	5.00	Officer	$0	$207,444	$650,890

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
2024	$1,414,872	$636,598	$4,133,338	$778,274
2023	$1,167,681	$122,233	$3,102,721	$1,045,448
2022	$808,678	$45,346	$1,949,877	$763,332
2021	$502,439	$24,272	$1,346,528	$478,167
2020	$408,083	$19,019	$868,898	$389,064
2019	$881,434	$409,100	$478,834	$472,334

HOTEL TRADES COUNCIL AFL-CIO AND HOTEL ASSOCIATION OF NEW YORK CITY LMCTF