2019-10-31T09:55:13-05:00 2018-12-31 113266576 GRASSI & CO CPA'S PC 50 JERICHO QUADRANGLE SUITE 200 JERICHO NY 11753 990 2018-01-01 135622663 IRON WORKERS LOCAL 40 361 & 417 HEALTH FUND IRON 2126841586 451 PARK AVE SOUTH NEW YORK NY 10016 BRIAN SABBAGH FUND MANAGER 2126610945 2019-10-25 1 ALAN SILVERSTEIN P00043838 2126610945 2019-10-25 24.38.5.5 2019-10-25 09:38:56 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 C7AD96754DCBCDFC6E5A9FA57FCA199BF852563A 2018 2020-01-14 16:20:31Z BRIAN SABBAGH 451 PARK AVE SOUTH NEW YORK NY 10016 291126069 0 X WWW.IRONWORKERS.NET X 1948 NY TO PROVIDE HEALTH, VACATION AND OTHER BENEFITS 18 18 20 0 0 0 0 0 129532910 127040041 4576751 4444047 34448 3126 134144109 131487214 0 0 117015503 118897058 2159686 2294438 0 0 0 1938928 2043782 121114117 123235278 13029992 8251936 191610181 194156991 29661947 29585681 161948234 164571310 HOSPITALIZATION, COMPREHENSIVE, MEDICAL, PRESCRIPTION, DENTAL, OPTICAL, SUPPLEMENTARY MEDICARE, AND VACATION BENEFIT 0 0 HOSPITALIZATION, COMPREHENSIVE MEDICAL, PRESCRIPTION, DENTAL, OPTICAL, SUPPLEMENTARY MEDICARE, AND VACATION BENEFITS 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 2766 0 20 1 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 1 1 0 0 0 X BRIAN SABBAGH 2126841586 451 PARK AVE SOUTH NEW YORK NY 10016 X DANIEL DOYLE UNION TRUSTEE 0.50 0.50 X 0 0 0 CHRISTOPER WALSH UNION TRUSTEE 0.50 0.50 X 0 0 0 ROBERT WALSH UNION TRUSTEE 0.50 0.50 X 0 0 0 MICHAEL GAYDOS UNION TRUSTEE 0.50 0.50 X 0 0 0 JOHN CUSH UNION TRUSTEE 0.50 0.50 X 0 0 0 JAKE BIDOSKY EMPLOYERS TRUSTEE 0.50 0.50 X 0 0 0 STEVE ISAACSON EMPLOYERS TRUSTEE 0.50 0.50 X 0 0 0 ROBERT SAMELA EMPLOYERS TRUSTEE 0.50 0.50 X 0 0 0 RICHARD LUCAS EMPLOYERS TRUSTEE 0.50 0.50 X 0 0 0 A ALAN SEIDMAN EMPLOYERS TRUSTEE 0.50 0.50 X 0 0 0 DANIEL TEUTUL EMPLOYERS TRUSTEE 0.50 0.50 X 0 0 0 MATTHEW CHARTRAND UNION TRUSTEE 0.50 0.50 X 0 0 0 ANTHONY DEBLASIE UNION TRUSTEE 0.50 0.50 X 0 0 0 KEITH EISGRUBER UNION TRUSTEE 0.50 0.50 X 0 0 0 MATTHEW P STODDARD UNION TRUSTEE 0.50 0.50 X 0 0 0 TERRY DALY EMPLOYERS TRUSTEE 0.50 0.50 X 0 0 0 ROBERT WEISS EMPLOYERS TRUSTEE 0.50 0.50 X 0 0 0 BRIAN SABBAGH FUND MANAGER 35.00 5.00 X 209138 0 114233 HELENE SCHWARTZ EMPLOYEE 35.00 5.00 X 153244 0 114233 ELSIE O'NEIL EMPLOYEE 35.00 5.00 X 167403 0 114233 IAN CHAN EMPLOYEE 35.00 5.00 X 144930 0 114233 JOHN J DELANEY EMPLOYEE 35.00 5.00 X 171875 0 114233 JIM DUFFICY EMPLOYEE 35.00 5.00 X 159454 0 114233 LUCIA BAUKNIGHT EMPLOYEE 35.00 5.00 X 153244 0 114233 DOREEN STENNETT EMPLOYEE 35.00 5.00 X 129165 0 114233 GARRENT LEUNG EMPLOYEE 35.00 5.00 X 119083 0 114233 1407536 0 1028097 9 0 1 0 JOSEPH STERN 89 JOSEPH AVE STATEN ISLAND NY 10304 ACCOUNTING 288000 COLLERAN O'HARA & MILLS LLP 100 CROSSWAYS PARK DR W 200 WOODBURY NY 11797 LEGAL 167296 SEGAL CONSULTANTS 333 WEST 34TH ST NEW YORK NY 10001 ACTUARY 135659 3 EMPLOYER CONTRIBUTIONS 230000 126595230 126595230 EMPLOYEE CONTRIBUTIONS 230000 444811 444811 127040041 5047750 5047750 159035152 159638855 -603703 -603703 -603703 SERVICE FEE INCOME 230000 2534 2534 MISC INCOME 230000 592 592 3126 131487214 126436338 0 5050876 118897058 1248212 941042 105184 185754 240184 280893 64421 175577 333550 9408 23231 17603 215881 INVESTMENT EXPENSE 279964 ADMINISTRATIVE FEES 96491 POSTAGE 65755 MISCELLANEOUS EXPENSE 21315 33755 123235278 18591744 19680701 17798438 18840929 9611656 8271433 101882 101882 2299798 2214538 33998 85260 143245251 144619726 2227212 2557060 191610181 194156991 25614899 28198289 4047048 1387392 29661947 29585681 X 0 0 0 0 161948234 164571310 161948234 164571310 191610181 194156991 8251936 -5628860 0 X 0 1 X 0 0 2299798 2214538 85260 85260 U.S. GOVERNMENT AND AGENCIES 59993937 F COMMON STOCK 11873066 F CORPORATE BONDS AND DEBENTURES 49321846 F STATE AND LOCAL BONDS 182549 F EXCHANGE TRADED FUNS 16362932 F MUTUAL FUNDS 6885396 F 144619726 ESCROW PAYABLE 30000 DUE TO AFFILIATED FUNDS 363545 EXCHANGE 779827 DUE TO BROKER 214020 1387392 X 125578390 -5628860 -5628860 131207250 279964 279964 131487214 120291307 0 120291307 279964 2664007 2943971 123235278 PART X, LINE 2: THE PLAN ADOPTED THE PROVISIONS PERTAINING TO UNCERTAIN TAX PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES, AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITSBY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE FOUNDATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS PRIOR TO 2015. PART XII, LINE 4B - OTHER ADJUSTMENTS: INCREASE IN BENEFITS PAYABLE 2,664,007. 0 0 0 BRIAN SABBAGH FUND MANAGER 209138 0 0 0 0 0 36646 19680 37674 20233 283458 39913 0 0 HELENE SCHWARTZ EMPLOYEE 153244 0 0 0 0 0 36646 19680 37674 20233 227564 39913 0 0 ELSIE O'NEIL EMPLOYEE 167403 0 0 0 0 0 36646 19680 37674 20233 241723 39913 0 0 IAN CHAN EMPLOYEE 144930 0 0 0 0 0 36646 19680 37674 20233 219250 39913 0 0 JOHN J DELANEY EMPLOYEE 171875 0 0 0 0 0 36646 19680 37674 20233 246195 39913 0 0 JIM DUFFICY EMPLOYEE 159454 0 0 0 0 0 36646 19680 37674 20233 233774 39913 0 0 LUCIA BAUKNIGHT EMPLOYEE 153244 0 0 0 0 0 36646 19680 37674 20233 227564 39913 0 0 DOREEN STENNETT EMPLOYEE 129165 0 0 0 0 0 36646 19680 37674 20233 203485 39913 0 0 GARRENT LEUNG EMPLOYEE 119083 0 0 0 0 0 36646 19680 37674 20233 193403 39913 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO MEMBERS OF ORGANIZATION'S GOVERNING BODY BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY MONITORS THE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. ENFORCEMENT OF POLICY AND COMPLIANCE WITH THE POLICY IS ADDRESSED AT QUARTERLY BOARD MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS AVAILABLE UPON REQUEST IRON WORKERS LOCALS 40 361 & 417 PENSION FUND 451 PARK AVE SOUTH NEW YORK NY 10016 516102576 TO PROVIDE PENSION BENEFITS TO MEMBERS NY 0 IRON WORKERS LOCALS 40 361 & 417 ANNUITY FUND 451 PARK AVE SOUTH NEW YORK NY 10016 237299279 TO PROVIDE ANNUITY BENEFITS TO MEMBERS NY 0 IRON WORKERS LOCALS 40 361 & 417 TOPPING OUT FUND 451 PARK AVE SOUTH NEW YORK NY 10016 133156507 TO PROVIDE SUPPLEMENTAL MEDICAL AND UNEMPLOYMENT BENEFITS TO MEMBERS NY 501(C)(9) 0 IRON WORKERS LOCALS 40 361 APPRENTICESHIP & TRAINING FUND 35-23 36TH STREET ASTORIA NY 11106 132571023 TO PROVIDE TRAINING TO MEMBERS NY 501(C)(3) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 IRON WORKERS LOCALS 40361 & 417 PENSION FUND Q 567175 TIME AND MOTION STUDY IRON WORKERS LOCALS 40361 & 417 ANNUITY FUND FUND Q 646528 TIME AND MOTION STUDY IRON WORKERS LOCALS 40361 & 417 TOPPING OUT FUND FUND Q 617982 TIME AND MOTION STUDY IRON WORKERS LOCALS 40361 & 417 APPRENTICESHIP & TRAINING FUND Q 52741 TIME AND MOTION STUDY