2017-11-08T13:52:36-06:00 2016-12-31 113266576 GRASSI & CO CPA'S PC 488 MADISON AVE NEW YORK NY 10022 990 2016-01-01 135622663 IRON WORKERS LOCAL 40 361 & 417 HEALTH FUND IRON 2126841586 451 PARK AVE SOUTH NEW YORK NY 10016 BRIAN SABBAGH FUND MANAGER 2126610945 2017-11-02 1 ALAN SILVERSTEIN P00043838 2126610945 24.38.5.14 2017-11-02 11:53:53 ED P C7AD96754DCBCDFC6E5A9FA57FCA199BF852563A 7C12914581B5E4540511925D588906A5B267AD76 2016 2021-01-29 14:40:06Z BRIAN SABBAGH 451 PARK AVE SOUTH NEW YORK NY 10016 314561598 0 X WWW.IRONWORKERS.NET X 1948 NY TO PROVIDE HEALTH, VACATION AND OTHER BENEFITS 18 18 23 0 0 0 0 0 112638211 143254166 2888501 3357029 31937 16770 115558649 146627965 0 0 94015193 117452630 2507667 2306271 0 0 0 1871238 2184176 98394098 121943077 17164551 24684888 148954810 180374405 28262376 33142540 120692434 147231865 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 2513 0 23 1 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 LAWRENCE WEISS 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 BRIAN SABBAGH FUND MANAGER 35.00 5.00 X 197029 0 105290 HELENE SCHWARTZ EMPLOYEE 35.00 5.00 X 144298 0 105290 ELSIE O'NEIL EMPLOYEE 35.00 5.00 X 157657 0 105290 IAN CHAN EMPLOYEE 35.00 5.00 X 136518 0 105290 JOHN J DELANEY EMPLOYEE 35.00 5.00 X 161874 0 105290 JIM DUFFICY EMPLOYEE 35.00 5.00 X 150157 0 105290 LUCIA BAUKNIGHT EMPLOYEE 35.00 5.00 X 144298 0 105290 DOREEN STENNETT EMPLOYEE 35.00 5.00 X 110430 0 105290 GARRENT LEUNG EMPLOYEE 35.00 5.00 X 102207 0 105290 1304468 0 947610 9 0 1 0 COLLERAN O'HARA & MILLS LLP 1225 FRANKLIN AVE SUITE 450 GARDEN CITY NY 11530 LEGAL 267279 JOSEPH STERN 89 JOSEPH AVE STATEN ISLAND NY 10304 ACCOUNTING 252000 SEGAL CONSULTANTS 333 WEST 34TH ST NEW YORK NY 10001 ACTUARY 164213 3 EMPLOYER CONTRIBUTIONS 230000 142914294 142914294 EMPLOYEE CONTRIBUTIONS 230000 339872 339872 143254166 3254891 3254891 168035771 167933633 102138 102138 102138 SERVICE FEE INCOME 230000 16223 16223 MISC INCOME 230000 547 547 16770 146627965 143356304 0 3271661 117452630 1429846 768081 108344 284141 212770 238660 82115 186550 293741 10778 40287 23486 218668 INVESTMENT EXPENSE 392896 PREFERED PROVIDER ADMIN 79024 POSTAGE 65573 MISCELLANEOUS EXPENSE 21257 34230 121943077 16708104 16198532 15995173 15507343 8266794 7626183 99182 101882 2191719 2137299 64075 54420 106334101 137288376 1487381 3597669 148954810 180374405 23153625 23480917 5108751 9661623 28262376 33142540 X 0 0 0 0 120692434 147231865 120692434 147231865 148954810 180374405 24684888 1854543 0 X 0 1 X 0 0 2191719 2137299 54420 54420 U.S. GOVERNMENT AND AGENCIES 83123489 F COMMON STOCK 32435211 F CORPORATE BONDS AND DEBENTURES 18584240 F STATE AND LOCAL BONDS 72972 F EXCHANGE TRADED FUNS 3072464 F 137288376 ESCROW PAYABLE 30000 DUE TO AFFILIATED FUNDS 2383274 EXCHANGE 1420646 DUE TO BROKER 5827703 9661623 X 148089612 1854543 1854543 146235069 392896 392896 146627965 121120406 0 121120406 392896 429775 822671 121943077 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 2013. PART XII, LINE 4B - OTHER ADJUSTMENTS: INCREASE IN BENEFITS PAYABLE 429,775. 0 0 0 BRIAN SABBAGH FUND MANAGER 197029 0 0 0 0 0 33662 18213 34661 18754 265352 36967 0 0 HELENE SCHWARTZ EMPLOYEE 144298 0 0 0 0 0 33662 18213 34661 18754 212621 36967 0 0 ELSIE O'NEIL EMPLOYEE 157657 0 0 0 0 0 33662 18213 34661 18754 225980 36967 0 0 IAN CHAN EMPLOYEE 136518 0 0 0 0 0 33662 18213 34661 18754 204841 36967 0 0 JOHN J DELANEY EMPLOYEE 161874 0 0 0 0 0 33662 18213 34661 18754 230197 36967 0 0 JIM DUFFICY EMPLOYEE 150157 0 0 0 0 0 33662 18213 34661 18754 218480 36967 0 0 LUCIA BAUKNIGHT EMPLOYEE 144298 0 0 0 0 0 33662 18213 34661 18754 212621 36967 0 0 DOREEN STENNETT EMPLOYEE 110430 0 0 0 0 0 33662 18213 34661 18754 178753 36967 0 0 GARRENT LEUNG EMPLOYEE 102207 0 0 0 0 0 33662 18213 34661 18754 170530 36967 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 523234 TIME AND MOTION STUDY IRON WORKERS LOCALS 40361 & 417 ANNUITY FUND FUND Q 634695 TIME AND MOTION STUDY IRON WORKERS LOCALS 40361 & 417 TOPPING OUT FUND FUND Q 553428 TIME AND MOTION STUDY IRON WORKERS LOCALS 40361 & 417 APPRENTICESHIP & TRAINING FUND Q 56690 TIME AND MOTION STUDY