2022-11-10T02:07:34-00:00 2021-12-31 990 2021-01-01 136149681 Steamfitters Industry Security Benefit Fund STEA 2124658888 27-08 40th Avenue 2nd floor Long Island City NY 111013725 Daniel Mulligan Employee Trustee 2124658888 2022-11-10 false Daniel Mulligan XXX-XX-XXXX 2 AAL1 IAL1 2021 2022-09-23 18:48:47Z Daniel Mulligan 27-08 40th Avenue 2nd Fl Long Island City NY 111013725 196032789 false X www.steamfitters.com X 1961 NY The Fund was established to accumulate funds to provide supplemental benefits to partic. They become eligible to part in the Plan beg with the first day in which they work in covered employ for a signed contractor. 7 7 0 0 0 38568475 40511425 8065318 11500653 45818 229834 46679611 52241912 0 65993275 49252296 392109 377500 0 0 2395650 2756454 68781034 52386250 -22101423 -144338 308222894 326665741 4459748 2719273 303763146 323946468 The Fund was established to accumulate funds to pay or provide supplemental benefits to participants. The Fund is a multi- employer plan and is funded by employer contributions determined in accordance with the collective bargaining agreement. false false 49252296 Benefits paid to or for participants 49252296 false false false false false false false false false false true false false true false true false false false false false false false false false false false false true false false false false false false false false false false false true false false true 0 0 0 false false false false false false false false X 7 7 false false false false false false false true true false false true true true true true true true true false NY X William J Turnbull Executive Admini 2124658888 27-08 40th Avenue 2nd floor Long Island City NY 111013725 Kevin J Driscoll Executive Administrator 000.40 034.60 X 4788 474043 46117 William J Turnbull Executive Administrator 000.20 034.80 X 1965 390967 46655 Steve Cuadra Education Director 040.00 X 0 217698 63975 Peter Ruffner Assistant Administrator 035.00 X 0 225136 16773 Daniel Knights Education Instructor 035.00 X 0 168231 54600 Stephen Powers Education Instructor 035.00 X 0 166411 54600 James Ippolito Assistant Administrator 035.00 X 0 181469 35432 James C White Assistant Administrator 005.00 030.00 X 24233 142894 35432 Sean Driscoll IT Director 005.00 030.00 X 25401 149776 25500 Patrick Dolan Jr Trustee 002.00 X 0 0 0 Michael Mulvaney Trustee 002.00 X 0 0 0 Daniel Mulligan Trustee 002.00 X 0 0 0 Vincent Gaynor Trustee 002.00 X 0 0 0 Clifford Ryder Trustee 002.00 X 0 0 0 James Sheeran Trustee 002.00 X 0 0 0 Anthony Saporito Trustee 002.00 X 0 0 0 Shane McMorrow Trustee 002.00 X 0 0 0 Ralph Montuoro Jr Trustee 002.00 X 0 0 0 56387 2116625 379084 false true false Employer contributions 525100 40511425 40511425 40511425 5265467 5265467 150026063 143790877 6235186 6235186 Miscellaneous Income 900099 229834 229834 229834 52241912 46006726 0 0 0 49252296 49252296 6753 6753 0 230795 230795 67674 67674 56733 56733 15545 15545 0 40257 40257 18012 18012 0 2251642 2251642 0 0 249661 249661 146333 146333 0 21701 21701 281 281 0 378 378 0 0 0 28189 28189 0 52386250 49252296 3133954 2005916 525047 5305807 2772149 7770 7530 166955954 158194411 133947447 165166604 308222894 326665741 251441 212987 4208307 2506286 4459748 2719273 X 303763146 323946468 303763146 323946468 308222894 326665741 -144338 20327660 X false true X true false false Financial derivatives and other financial products Closely-held equity interests Lord Abbett International Core Fixed Income 23239450 F Janus Institutional Intl Equity Fund 50523691 F ULLICO Infrastructure Fund LP 31437068 F Kennedy Wilson Real Estate Fund VI, LP 28232161 F JP Morgan US Real Estate Mezz Debt Fund 16322413 F Boyd Watterson GSA Fund LP 15411821 F 165166604 Federal income taxes Due to/from other funds 16715 Securities Purchases 2489571 2506286 X 70317930 20327660 20327660 49990270 2251642 2251642 52241912 50134608 50134608 2251642 2251642 52386250 X 2 The Trustees have evaluated the tax positions taken by the Fund and have concluded that as of December 31, 2021, there are no uncertain positions taken or expected to be taken, that would require the recognition of a liability or asset or disclosure in the financial statements. The Fund is subject to routine audits by taxing jurisdictions until the applicable statue of limitations expires. The Fund was reviewed by the Department of Labor DOL. The Department of Labor DOL is currently conducting a routine examination of the Funds records for the period beginning January 1, 2017 to present. On September 10, 2021, a letter was received from the DOL stating the examination had concluded and no further action was required. X false false false Kevin J Driscoll Executive Administrator 4788 440454 33589 46117 4788 520160 William J Turnbull Executive Administrator 1965 331835 59132 46655 1965 437622 Steve Cuadra Education Director 208948 8750 63975 281673 Peter Ruffner Assistant Administrator 201475 23661 16773 241909 Daniel Knights Education Instructor 168231 54600 222831 Stephen Powers Education Instructor 166411 54600 221011 James Ippolito Assistant Administrator 164028 17441 35432 216901 James C White Assistant Administrator 24233 121878 21016 35432 24233 178326 Sean Driscoll IT Director 25401 127183 22593 25500 25401 175276 Form 990, Part VI, Section B, Line 11A This tax return was prepared by staff and reviewed by the Funds Executive Administrator, who is a CPA. Then, it was provided to the Funds auditors for review and approval. Lastly, it was provided to a member of the Board of Directors for review and signature. Form 990, Part VI, Section B, Line 15AB The Executive Administrator of the Trust Funds negotiates with the Chairman and Co-Chairman of each Fund and agree to an increase in wages for all staff within the parameters set by the collective bargaining agreement. Form 990, Part VI, Section B, Line 12C The Fund is subject to ERISA and the Trustees conform to its regulations. Each year, Trustees sign a statement which affirms that such person has received a copy of the Conflict of Interest Policy and has read and understands the Policy. Also, the Trustees agree to comply with the Policy and understand that the Plan is a tax-exempt organization. Form 990, Part VI, Section C, Line 19 As required by ERISA, the Funds governing documents, policies, financial statements and tax returns are available upon request by writing to the Fund Office and requesting a copy. This return was not filed on time and granted an extension to acquire all the information needed to complete and file an accurate return. Steamfitters' Industry Welfare Fund 27-08 40th Avenue 2nd floor Long Island City NY 11101 131545680 ERISA Plan NY 501 c5 Not applicable false Steamfitters' Industry Pension Fund 27-08 40th Avenue 2nd floor Long Island City NY 11101 136149680 ERISA Plan NY 501 a Not applicable false Steamfitters Industry Vacation Plan 27-08 40th Avenue 2nd floor Long Island City NY 11101 136149682 ERISA Plan NY 501 c 9 Not applicable false Steamfitters' Industry Educational Fund 27-08 40th Avenue 2nd floor Long Island City NY 11101 131919703 ERISA Plan NY 501 c5 Not applicable false Steamfitters' Industry Supplemental Retirement Fund 27-08 40th Avenue 2nd floor Long Island City NY 11101 133917806 ERISA Plan NY 401 a Not applicable false The Metal Trades Branch Local 638 Welfare Fund 27-08 40th Avenue 2nd floor Long Island City NY 11101 136211854 ERISA Plan NY 501 c 9 Not applicable false The Metal Trades Branch Local 638 Pension Fund 27-08 40th Avenue 2nd floor Long Island City NY 11101 132541630 ERISA Plan NY 501 a Not applicable false The Service Fitters' Industry Educational Fund 27-08 40th Avenue 2nd floor Long Island City NY 11101 112892696 ERISA Plan NY 501 c 3 Not applicable false The Steamfitting Industry Labor Management Coop Committee 27-08 40th Avenue 2nd floor Long Island City NY 11101 367498676 ERISA Plan NY 501 c 5 Not applicable false false false false false false false false false false false false false false true true true false false false Steamfitters' Industry Welfare Fund n 405984 Steamfitters' Industry Welfare Fund o 377500 Steamfitters' Industry Welfare Fund p 98828