New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Bene

New York Hotel Trades Council Health Benefit Fund consistently directs 100% of reported officer compensation to its mission.

EIN: 136126923 · New York, NY · Updated: 2026-03-28

$594.1MRevenue
$562.0MGross Revenue
$324.4MAssets
90/100Mission Score (Excellent)
New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Bene Financial Summary
MetricValue
Total Revenue$594.1M
Total Expenses$394.7M
Program Spending95%
CEO/Top Officer Pay$594,125,336
Net Assets$347.9M
Transparency Score90/100

Is New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Bene Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Bene directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Bene

New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Bene (EIN: 136126923) is a nonprofit organization based in New York, NY. The organization reported total revenue of $594.1M and total assets of $324.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Bene's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

78Years Operating
MajorSize Classification
12Years of Filings
MixedRevenue Trajectory

New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Bene is a major nonprofit that has been operating for 78 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 3.5%.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

Total Revenue$447.2M
Total Expenses$394.7M
Surplus / Deficit+$52.5M
Total Assets$381.6M
Total Liabilities$33.7M
Net Assets$347.9M
Operating Margin11.7%
Debt-to-Asset Ratio8.8%
Months of Reserves11.6 months

Financial Health Grade: A

In 2022, New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Bene reported a surplus of $52.5M with revenue exceeding expenses, holds 11.6 months of operating reserves (strong position), has a debt-to-asset ratio of 8.8% (very low leverage).

Financial Trends

Over 12 years of filings (2011–2022), New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Bene's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.

YearRevenue ChangeExpense ChangeAsset Change
2022+42.3%+37.2%+7.6%
2021-34.7%-46.3%+6.8%
2020-11.0%-4.5%-9.0%
2019+7.9%+15.0%-0.6%
2018-2.9%-4.2%+0.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1948

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Bene demonstrates a generally stable financial position, with its latest reported revenue at $594,125,336 and assets at $324,390,257. Over the past decade, the organization has consistently managed substantial revenues and expenses, indicating a large operational scale. While there have been periods of deficit spending, such as in 2020 and 2019, the organization has shown resilience, returning to positive net income in more recent years, with 2022 showing revenues of $447,170,967 against expenses of $394,684,160. This suggests effective financial management in adapting to changing economic conditions. The organization's spending efficiency appears strong, particularly given that it is a health benefit fund, where the vast majority of expenses are typically direct program services (benefits paid). The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards its primary mission rather than executive salaries. This practice is highly commendable and suggests a focus on maximizing benefits for its members. Overall, the financial health appears robust, with healthy asset levels relative to liabilities. The consistent filing of IRS Form 990s over a long period also points to good transparency practices. The absence of reported officer compensation is a key strength in its financial management and transparency profile.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Bene with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 5%
  • programs: 95%
  • fundraising: 0%

According to IRS 990 filings, New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Bene allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

$447.2MTotal Revenue
$394.7MTotal Expenses
$381.6MTotal Assets
$33.7MTotal Liabilities
$347.9MNet Assets
  • The organization reported a surplus of $52.5M, with revenue exceeding expenses.
  • Debt-to-asset ratio: 8.8%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees. This is highly unusual for an organization of this size (latest revenue $594,125,336) and suggests that leadership may be compensated through other entities or that the fund operates with an entirely volunteer or externally compensated executive structure, which is a significant strength in terms of resource allocation.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Bene's IRS 990 filings:

  • Periods of deficit spending (e.g., 2019 and 2020) where expenses exceeded revenues.

Strengths

The following positive indicators were identified for New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Bene:

  • Consistent reporting of 0% officer compensation, indicating high efficiency in executive overhead.
  • Strong program spending, typical for a health benefit fund where most expenses are direct benefits.
  • Significant asset growth over the past decade, from $151M in 2013 to over $381M in 2022.
  • Consistent IRS 990 filing history, demonstrating good transparency.
  • Resilience in financial management, returning to positive net income after deficit periods.

Frequently Asked Questions about New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Bene

Is New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Bene a legitimate charity?

New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Bene (EIN: 136126923) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 12 years of IRS 990 filings on record. Total revenue: $594.1M. 1 red flag identified. 5 strengths noted. Financial health grade: A.

How does New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Bene spend its money?

New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Bene directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Bene tax-deductible?

New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Bene is registered as a tax-exempt nonprofit (EIN: 136126923). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Bene CEO make?

New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Bene's highest-compensated officer earns $594,125,336 annually. The organization reported $594.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

Where is New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Bene located?

New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Bene is headquartered in New York, New York and files with the IRS under EIN 136126923.

How many years of IRS 990 filings does New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Bene have?

New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Bene has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $594.1M in total revenue.

How does the organization manage to report 0% officer compensation given its large scale?

The consistent reporting of 0% officer compensation across all filings suggests that executive leadership may be compensated by a related entity (e.g., the union or employer association) or that the fund operates with an entirely volunteer or externally funded executive structure. This practice significantly reduces administrative overhead directly attributable to executive salaries within the benefit fund itself.

What caused the deficit spending in 2019 and 2020?

In 2019, expenses ($561,650,139) exceeded revenue ($540,391,057), and in 2020, expenses ($536,154,775) significantly exceeded revenue ($480,901,220). These deficits could be attributed to various factors such as increased healthcare costs, a decline in employer contributions due to economic downturns (especially relevant for 2020 during the pandemic), or strategic decisions to draw down reserves to maintain benefit levels during challenging times.

Is the organization's asset growth consistent?

The organization's assets have shown significant growth over the decade, from $151,459,140 in 2013 to $381,570,475 in 2022, with the latest reported assets at $324,390,257. While there are fluctuations, the overall trend is positive, indicating sound financial management and accumulation of reserves.

Filing History

IRS 990 filing history for New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Bene showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2022), New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Bene's revenue has grown by 46.1%, moving from $306.1M to $447.2M. Total assets increased by 235.1% over the same period, from $113.9M to $381.6M. Total functional expenses rose by 22.2%, from $323.1M to $394.7M. In its most recent filing year (2022), New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Bene reported a surplus of $52.5M, with revenue exceeding expenses. The organization holds $33.7M in liabilities against $381.6M in assets (debt-to-asset ratio: 8.8%), resulting in net assets of $347.9M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2022 $447.2M $394.7M $381.6M $33.7M View 990
2021 $314.1M $287.7M $354.6M $33.4M View 990
2020 $480.9M $536.2M $332.2M $45.6M
2019 $540.4M $561.7M $364.9M $38.3M View 990
2018 $500.8M $488.3M $367.2M $32.3M View 990
2017 $515.7M $509.6M $363.8M $28.9M View 990
2016 $565.2M $443.4M $349.5M $33.4M View 990
2015 $462.1M $441.1M $205.2M $35.3M View 990
2014 $403.1M $377.2M $185.7M $33.9M View 990
2013 $370.1M $367.8M $151.5M $28.9M View 990
2012 $355.0M $333.2M $136.6M $23.7M View 990
2011 $306.1M $323.1M $113.9M $25.6M View 990

Year-by-Year Financial Summary

  • 2022: Revenue of $447.2M, expenses of $394.7M, and assets of $381.6M (revenue +42.3% year-over-year).
  • 2021: Revenue of $314.1M, expenses of $287.7M, and assets of $354.6M (revenue -34.7% year-over-year).
  • 2020: Revenue of $480.9M, expenses of $536.2M, and assets of $332.2M (revenue -11.0% year-over-year).
  • 2019: Revenue of $540.4M, expenses of $561.7M, and assets of $364.9M (revenue +7.9% year-over-year).
  • 2018: Revenue of $500.8M, expenses of $488.3M, and assets of $367.2M (revenue -2.9% year-over-year).
  • 2017: Revenue of $515.7M, expenses of $509.6M, and assets of $363.8M (revenue -8.8% year-over-year).
  • 2016: Revenue of $565.2M, expenses of $443.4M, and assets of $349.5M (revenue +22.3% year-over-year).
  • 2015: Revenue of $462.1M, expenses of $441.1M, and assets of $205.2M (revenue +14.6% year-over-year).
  • 2014: Revenue of $403.1M, expenses of $377.2M, and assets of $185.7M (revenue +8.9% year-over-year).
  • 2013: Revenue of $370.1M, expenses of $367.8M, and assets of $151.5M (revenue +4.2% year-over-year).
  • 2012: Revenue of $355.0M, expenses of $333.2M, and assets of $136.6M (revenue +16.0% year-over-year).
  • 2011: Revenue of $306.1M, expenses of $323.1M, and assets of $113.9M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Bene:

2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for New York Hotel Trades Council And Hotel Assoc Of Nyc Inc Health Bene is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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