STRATEGY STUDIO / PUBLIC DATA EXPLORER

IRON WORKERS LOCALS 40 361 & 417 WELFARE FUND: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
IRON WORKERS LOCALS 40 361 & 417 WELFARE FUND (EIN 13-5622663)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-10-09
IRS object ID
202522829349300937
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-10-09T11:32:43-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN131577780PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SCHULTHEIS & PANETTIERI LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1450 WIRELESS BLVDAddressLine1Txt
CityHAUPPAUGECityNm
State AbbreviationNYStateAbbreviationCd
ZIP11788ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN135622663EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1IRON WORKERS LOCALS 40 361 & 417 HEALTHBusinessNameLine1Txt
Business Name Line2FUNDBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlIRONBusinessNameControlTxt
Phone2126841586PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1451 PARK AVE SOUTHAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10016ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMATTHEW CHARTRANDPersonNm
Person TitleUNION TRUSTEEPersonTitleTxt
Phone2126841586PhoneNum
Signature2025-10-09SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCAROL WESTFALLPreparerPersonNm
PTINP00539069PTIN
Phone6312734778PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerBRIAN J SABBAGHPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1451 PARK AVE SOUTHAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10016ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$247,284,741GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.IWUSF.NETWebsiteAddressTxt
Type Of Organization TrustYes (X)TypeOfOrganizationTrustInd
Formation1948FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS.ActivityOrMissionDesc
Voting Members Governing Body17VotingMembersGoverningBodyCnt
Voting Members Independent17VotingMembersIndependentCnt
Total Employee20TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$108,279,862PYProgramServiceRevenueAmt
CY Program Service Revenue$104,593,892CYProgramServiceRevenueAmt
PY Investment Income$3,637,394PYInvestmentIncomeAmt
CY Investment Income$7,359,334CYInvestmentIncomeAmt
PY Other Revenue$167,526PYOtherRevenueAmt
CY Other Revenue$418,550CYOtherRevenueAmt
PY Total Revenue$112,084,782PYTotalRevenueAmt
CY Total Revenue$112,371,776CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$106,575,288PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$108,104,446CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$4,193,472PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$4,562,878CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$77,145PYOtherExpensesAmt
CY Other Expenses$540,983CYOtherExpensesAmt
PY Total Expenses$110,845,905PYTotalExpensesAmt
CY Total Expenses$113,208,307CYTotalExpensesAmt
PY Revenues Less Expenses$1,238,877PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$836,531CYRevenuesLessExpensesAmt
Total Assets BOY$215,251,956TotalAssetsBOYAmt
Total Assets EOY$208,178,970TotalAssetsEOYAmt
Total Liabilities BOY$31,673,254TotalLiabilitiesBOYAmt
Total Liabilities EOY$24,186,273TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$183,578,702NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$183,992,697NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescTO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document2406IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee20EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members17GoverningBodyVotingMembersCnt
Independent Voting Member17IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn0AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonBRIAN J SABBAGHPersonNm
Phone2126841586PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1451 PARK AVE SOUTHAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10016ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
JAKE BIDOSKY
EMPLOYER TRUSTEE0.500.50Yes (X)$0$0$0
GORD LEDER
EMPLOYER TRUSTEE - THRU 01/20240.500.50Yes (X)$0$0$0
ROBERT SAMELA
EMPLOYER TRUSTEE0.500.50Yes (X)$0$0$0
DAVID PISACRITA
EMPLOYER TRUSTEE0.500.50Yes (X)$0$0$0
ALAN SEIDMAN
EMPLOYER TRUSTEE0.500.50Yes (X)$0$0$0
DANIEL TEUTUL
EMPLOYER TRUSTEE0.500.50Yes (X)$0$0$0
TERRY FLYNN
EMPLOYER TRUSTEE0.500.50Yes (X)$0$0$0
ROBERT WEISS
EMPLOYER TRUSTEE0.500.50Yes (X)$0$0$0
DANIEL DOYLE
UNION TRUSTEE0.500.50Yes (X)$0$0$0
MICHAEL GAYDOS
UNION TRUSTEE - THRU 07/20240.500.50Yes (X)$0$0$0
JOHN CUSH
UNION TRUSTEE0.500.50Yes (X)$0$0$0
CHRISTOPHER WALSH
UNION TRUSTEE0.500.50Yes (X)$0$0$0
ROBERT JOHNSON
UNION TRUSTEE0.500.50Yes (X)$0$0$0
KEITH EISGRUBER
UNION TRUSTEE0.500.50Yes (X)$0$0$0
MATTHEW P STODDARD
UNION TRUSTEE0.500.50Yes (X)$0$0$0
ANTHONY DEBLASIE
UNION TRUSTEE0.500.50Yes (X)$0$0$0
MATTHEW CHARTRAND
UNION TRUSTEE0.500.50Yes (X)$0$0$0
BARRY KING
EMPLOYER TRUSTEE - EFF 01/20240.500.50Yes (X)$0$0$0
MICHAEL DUNN
UNION TRUSTEE - EFF 07/20240.500.50Yes (X)$0$0$0
BRIAN J SABBAGH
FUND ADMINISTRATOR35.005.00$243,115$0$141,988Yes (X)
IAN CHAN
EMPLOYEE35.005.00$232,349$0$70,640Yes (X)
JOHN DELANEY
EMPLOYEE35.005.00$210,567$0$141,988Yes (X)
JIM DUFFICY
EMPLOYEE35.005.00$195,212$0$141,988Yes (X)
ELSIE O'NEILL
EMPLOYEE35.005.00$194,885$0$141,988Yes (X)
LUCIA BAUKNIGHT
EMPLOYEE35.000.50$178,521$0$141,988Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,254,649TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$780,580TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K11IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
JOINT MULTI SERVICE ASSOCIATES LTD
89 JOSEPH AVENUESTATEN ISLANDNY10304ACCOUNTING$348,000
SEGAL CONSULTANTS
333 WEST 34TH STREETNEW YORKNY10001ACTUARIAL$195,766
WESTERN ASSET MANAGEMENT CO
620 8TH AVENUE 50TH FLOORNEW YORKNY10018INVESTMENT MANAGER$152,076
GO2UNIONCOM LLC
2188 JERICHO TURNPIKE SUITE 2GARDEN CITY PARKNY11040IT CONSULTANT$150,000
COLLERAN O'HARA & MILLS LLP
100 CROSSWAYS PARK DR W 200WOODBURYNY11797LEGAL$121,209
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
EMPLOYER CONTRIBUTIONS238900$59,223,899$59,223,899
PARTICIPANT CONTRIBUTIONS238900$45,369,993$45,369,993
FieldValueIRS element (for citing)
Total Program Service Revenue$104,593,892TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,830,902TotalRevenueColumnAmt
Exclusion$5,830,902ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$136,441,397SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$134,912,965SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$1,528,432SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,528,432TotalRevenueColumnAmt
Exclusion$1,528,432ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescCOLLECTION, INT, LIQ & SETTLEMENTDesc
Business238900BusinessCd
Total Revenue Column$418,550TotalRevenueColumnAmt
Related Or Exempt Func Income$418,550RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$418,550OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$112,371,776TotalRevenueColumnAmt
Related Or Exempt Func Income$105,012,442RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$7,359,334ExclusionAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$108,104,446TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$385,103TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,334,825TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$989,885TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$644,565TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$208,500TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$304,708TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$464,820TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$381,171TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$181,970TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$361,954TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$414,899TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$611,958TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$52,790TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$54,924TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$447,060TotalAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmt
AUTO$4,829
REIMB FROM RELATED-$2,740,100

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$113,208,307TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,537,314BOYAmt
EOY$1,011,940EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$29,038,975BOYAmt
EOY$21,079,420EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$8,348,947BOYAmt
EOY$7,203,262EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$154,452BOYAmt
EOY$180,649EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,570,198LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,483,303LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$125,497BOYAmt
EOY$86,895EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$172,204,162BOYAmt
EOY$176,205,603EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$170,901BOYAmt
EOY$12,495EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,671,708BOYAmt
EOY$2,398,706EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$215,251,956BOYAmt
EOY$208,178,970EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$620,328BOYAmt
EOY$361,473EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$31,052,926BOYAmt
EOY$23,824,800EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$31,673,254BOYAmt
EOY$24,186,273EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$183,578,702BOYAmt
EOY$183,992,697EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$183,578,702BOYAmt
EOY$183,992,697EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$215,251,956BOYAmt
EOY$208,178,970EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$836,531ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$1,250,526NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,542,478OtherCostOrOtherBasisAmt
Depreciation$2,465,593DepreciationAmt
Book Value$76,885BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$27,720OtherCostOrOtherBasisAmt
Depreciation$17,710DepreciationAmt
Book Value$10,010BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$86,895TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
DUE TO RELATED ORGANIZATIONS$823,462
NET TRADES PENDING SETTLEMENT$442,484
OPERATING LEASE LIABILITY$2,631,884
CLAIMS PAYABLE AND IBNR$19,926,970
FieldValueIRS element (for citing)
Total Liability$23,824,800TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$113,241,131TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$1,250,526NetUnrealizedGainsInvstAmt
Revenue Not Reported$1,250,526RevenueNotReportedAmt
Revenue Subtotal$111,990,605RevenueSubtotalAmt
Investment Expenses Not Incld$381,171InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$381,171RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$112,371,776TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$114,516,536TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$114,516,536ExpensesSubtotalAmt
Investment Expenses Not Incld2$381,171InvestmentExpensesNotIncld2Amt
Other Expenses Not Included-$1,689,400OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt-$1,308,229ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$113,208,307TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART XII, LINE 4B - OTHER ADJUSTMENTS:FormAndLineReferenceDesc
ExplanationCHANGE IN IBNR -1,689,400.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
BRIAN J SABBAGH
FUND ADMINISTRATOR$243,115$0$0$0$0$0$72,724$0$69,264$0$385,103$0$0$0
JOHN DELANEY
EMPLOYEE$210,567$0$0$0$0$0$72,724$0$69,264$0$352,555$0$0$0
JIM DUFFICY
EMPLOYEE$195,212$0$0$0$0$0$72,724$0$69,264$0$337,200$0$0$0
ELSIE O'NEILL
EMPLOYEE$194,885$0$0$0$0$0$72,724$0$69,264$0$336,873$0$0$0
LUCIA BAUKNIGHT
EMPLOYEE$178,521$0$0$0$0$0$72,724$0$69,264$0$320,509$0$0$0
IAN CHAN
EMPLOYEE$232,349$0$0$0$0$0$40,746$0$29,894$0$302,989$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART III - ADDITIONAL INFORMATIONFormAndLineReferenceDesc
ExplanationBRIAN J. SABBAGH RECEIVED COMPENSATION AND BENEFITS IN HIS CAPACITY AS FUND ADMINISTRATOR OF THIS ENTITY AND THE RELATED ANNUITY, APPRENTICE, PENSION, AND TOPPING OUT FUNDS. COMPENSATION AND BENEFITS ARE PAID BY THE HEALTH FUND WITH REIMBURSEMENTS MADE ACCORDINGLY. THE HEALTH FUND'S PORTION OF THESE EXPENSES IS 63% OF THE GROSS AMOUNTS DETAILED ON SCHEDULE J, PART II.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 WAS PREPARED IN COORDINATION WITH THE FUND ADMINISTRATOR AND CONTROLLER WHO WORK FULL TIME FOR THE PLANS. ONCE COMPLETE, THE FORM WAS PROVIDED TO AND REVIEWED BY THE BOARD OF TRUSTEES PRIOR TO SUBMISSION.
FORM 990, PART VI, SECTION B, LINE 12CTHE PLAN MONITORS ITS CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS.
FORM 990, PART VI, SECTION C, LINE 19THE PLAN'S GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO PARTICIPANTS UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationInd
IRON WORKERS LOCALS 40 361 & 417 PENSION FUND
451 PARK AVE SOUTHNEW YORKNY10016516102576TO PROVIDE PENSION BEN TO PARTICIPANTSNY401(A)N/AN/A0
IRON WORKERS LOCALS 40 361 & 417 ANNUITY FUND
451 PARK AVE SOUTHNEW YORKNY10016237299279TO PROVIDE ANNUITY BEN TO PARTICIPANTSNY401(A)N/AN/A0
THE TOPPING OUT FUND OF THE IRON WORKERS LOCALS 40 361 & 417
451 PARK AVE SOUTHNEW YORKNY10016133156507TO PROVIDE MEDICAL & UNEMPLOYMENT BEN TO PARTICIPANTSNY501(C)(9)N/AN/A0
IRON WORKERS LOCALS 40 & 361 APPRENTICESHIP & TRAINING FUND
35-23 36TH STREETASTORIANY11106132571023TO PROVIDE TRAINING TO PARTICIPANTSNY501(C)(3)LINE 7N/A0

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1SEE SCHEDULE R SUPPLEMENTAL INFORMATIONBusinessNameLine1Txt

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1SEE SCHEDULE R SUPPLEMENTAL INFORMATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, SCHEDULE R, PART II AND IVTRUSTEES LISTED ON PART VII, SECTION A, SERVE AS VOLUNTEERS AND DO NOT RECEIVE COMPENSATION FROM THIS ORGANIZATION OR ANY RELATED ORGANIZATION IN THEIR CAPACITY AS TRUSTEES OF THIS ORGANIZATION. CERTAIN TRUSTEES LISTED ON PART VII, SECTION A, DO NOT RECEIVE COMPENSATION FROM THIS ORGANIZATION, BUT DO RECEIVE COMPENSATION FROM IRON WORKERS LOCALS 40, 361 AND 417 UNIONS (THE UNIONS") IN THEIR CAPACITY AS EMPLOYEES/OFFICERS OF THE UNIONS. ACCORDINGLY, THEIR COMPENSATION IS REPORTED ON THE FORM 990 OF THE UNIONS. THE INFORMATION DISCLOSED ON THE ATTACHED SCHEDULE OF RELATED PARTIES IS THAT WHICH WAS AVAILABLE TO THIS ORGANIZATION AT THE TIME OF THIS FILING.
FORM 990, SCHEDULE R ATTACHMENT, RELATED ORGANIZATIONSPART III & IV, IDENTIFICATION OF RELATED ORGANIZATIONS TAXABLE AS A PARTNERSHIP OR CORPORATION OR TRUST. A & V STEEL, LLC A. SERVIDONE SERVICES & SALES CORP. AAA REINFORCING LLC ABC & NY CONSTRUCTION, INC. ABLE RIGGING CONTRACTORS, INC ACCESS ANVIL CORP ACS SYSTEM ASSOC. INC. ADAM'S EUROPEAN CONTRACTING, INC AFC SOLAR LLC AHERN PAINTING CONTRACTORS, INC ALESSANDRA MISC METALWORKS, INC ALL AROUND CONTRACTING CORP. ALLBAR STEEL INC AMERICAN BRIDGE COMPANY AMERICAN IRON INC. AMERICAN STRUCTURAL WORKS, AJV ANVIL IRON WORKS, INC. ARISTON TYKO, LLC ASR1 REINFORCEMENT ATLANTIC MANUFACTURING AND CONTRACTING CORP ATLAS PAINTING AND SHEETING CORP ATLAS PROFESSIONALS INC AWL INDUSTRIES, INC B & B CONCRETE ENTERPRISES INC B. M. ALTER ERECTORS CORP BASEC CORP BD ERECTORS BEAVER CONCRETE CONSTRUCTION CO INC BEN CICCONE BERLIN STEEL CONSTRUCTION CO BMG RIGGING & HAULING BREEZE DEMO CORP BRENNAN INDUSTRIAL CONTRACTORS BROTHERS & COMPANY, INC. BUDCO ENTERPRISES BUONISSIMO STEEL CORP BURGESS STEEL ERECTORS OF NEW YORK, LLC BURT CRANE & RIGGING C & H RENTALS INC. CGS REBAR INC. CHAMPION PAINTING SPECIALTY SERVICES CORP CHAMPION SPECIALTY SERVICES LLC CITY EVOLUTIONARY CONSTRUCTION, LLC COMMODORE MAINTENANCE CORP COMPOSITE TECHNOLOGY & INFRASTRUCTURE, CTI CONSTRUCTION RESOURCES CORP OF NY CORNELL & COMPANY INC CRESCENT BUILDING SERVICES, LLC CRYSTAL STEEL FABRICATORS CUSTOM EXTERIOR SYSTEMS, INC. D & J CONCRETE CORP D A COLLINS CONSTRUCTION CO INC DARLIND ASSOCIATES, INC. DE-CAR FENCE CONTRACTING DEFOE CORP DKM STEEL CONSTRUCTION CORP DL METAL DESIGN, LLC DOBCO , INC E & Y GENERAL CONST. CO., INC. EAGLE ERECTORS GROUP, LTD ECCO 111 ENTERPRISES INC ECOBAT E-GILL REBAR, LLC EL SOL CONT. CORP/GCCOM CONST. J.V. EL SOL CONTRACTING CORP EL SOL CONTRACTING/ ES 11 ENT J.V. EL SOL DEFOE JV EMI GUIDE RAIL, L.L.C. EMPIRE CITY IRON WORKS EMPIRE STATE PIPING CO. INC. ERECTION & WELDING CONTRACTORS, LLC ERIN ERECTORS & CONSTRUCTION INC. ES II ENTERPRISES, LLC ESW SPECIALTY SERVICES, LLC EVERYTHING WELDING LLC FALL FITTINGS INC FINE LINE & SON CORP FORTE CONSTRUCTION CORP FREEDOM IRONWORKS, INC FREY MOSS STRUCTURES FURINO & SONS, INC G C COM CONSTRUCTION CO., INC GABRIEL STEEL ERECTORS, INC. GARMAX CONSULTING CORP GATEWAY DEMO - CIVIL CORP GIN SKYE CONSTRUCTION INC GLASMAR STEEL ERECTORS INC GLENRIDGE FABRICATORS GLOBAL WIND SERVICE GMAC CONSTRUCTION,LLC GRYPHON CONSTRUCTION INC GUYTEC STEEL INC H & L CONTRACTING, LLC HALLEN WELDING SERVICE HARRISON & BURROWES BRIDGE CONSTR HI TECH STEEL INC HILT CONSTRUCTION INC HINSS J.V. HUDSON VALLEY BRIDGE CONSTRUCTION, INC. HUDSON VALLEY GLASS & METAL WORKS, INC. ICC COMMONWEALTH CORP IMPERIAL IRON WORKS INDUSTRIAL CONTRACTING & RIGGING CO INDUSTRIAL STEEL STRUCTURES, INC INTEGRATED STRUCTURES CORP IRON WK LOCAL 40 361 417 IRON WORKERS DISTRICT COUNCIL IRON WORKERS LOC 40 & 361 APPRENTICE TRAINING FUND IRON WORKERS LOCAL 361 IRON WORKERS LOCAL 40 IRON WORKERS LOCAL 417 IRON WORKERS LOCAL 417 T & E FUND IRONCLAD CONCEPTS IRV SCHRODER & SONS J & J CONSTRUCTION & RIGGING, INC. J ANTHONY EQUIPMENT CO J.C. STEEL ERECTORS CORP. JAG D CONSTRUCTION, INC JECI CORPORATION JEMCO ERECTORS, INC JETT INDUSTRIES INC JNP SERVICE CENTER CORP JS GENERAL CONTRACTING JUDLAU CONTRACTING K M SIMMONS INC KCM CONTRACTING INC. KENVIL UNITED CORP. KG CONSTRUCTION SERVICES, INC KHAN ENTERPRISE CONSTRUCTION INC KIEWIT CONSTRUCTORS INC. KINTURK CONTRACTING INC KOCH SKANSKA, INC. KOEHLER MASONRY CORP. KRAEMER BUILDING CORP L M SESSLER EXCAVATING AND WRECKING, INC LANDTEK GROUP INC MACE CONTRACTING CORP MACEDOS CONSTRUCTION CO MADISON INDUSTRIES MARQ STEEL SERVICES, LLC METRO STEEL INCORPORATED METROPOLITAN WALTERS, LLC MID TOWN HEIGHTS, INC. MIDTOWN CONTRACTING LLC MIDWEST STEEL, INC MINESTONE CONSTRUCTION LLC MOHEGAN ASSOCIATES MSC STEEL, LLC NEXT GEN IRON, LLC NICHOLSON CORP NORDIC CONTRACTING CO INC NORTH COUNTRY STEEL INC. NORTHEAST REMSCO CONSTRUCTION INC NORTHEAST STRUCTURAL STEEL, INC. NORTHERN STUD WELD NORTHSTAR ERECTORS, INC NUCO PAINTING CORP NYC CONSTRUCTORS LLC NYSFAB, INC. OCE CONTRACTING OCS INDUSTRIES, INC ORADELL CONSTRUCTION CO, INC ORANGE COUNTY ENGINEERING, LLC OXFORD ELECTRONICS INC PERMADUR IND INC T/A SISSCO PMY CONSTRUCTION CORP PONDEROSA FENCE ENTERPRISES, INC. POST ROAD IRON WORKS INC PRECAST SERVICES INC PROBUILDERO CORP PROFEX, INC PRO-METAL INSTALL GROUP PULASKI FENCE CORP R BAKER & SON ALL INDUSTRIAL SVCS RED IRONWORKS, INC RESTANI ASW JV, LLC RICHARDS PLUMBING & HEATING CO. INC RIGGS DISTLER & COMPANY INC RINGLER CONSTRUCTION LLC ROBERT L GEROSA INC RPM STEEL INC RUSSO DEVELOPMENT ENTERPRISES, INC SCHIAVONE CONSTRUCTION CO SKANSKA MECHANICAL AND STRUCTURAL INC. SKM BUILDERS INC SKY HEIGHTS CONSTRUCTION CORP SKYLIFT CONTRACTOR CORP. SKYSCRAPER STEEL SPARWICK CONTRACTING INC STATEWIDE FENCE CONTRACTORS, LLC STONEBRIDGE INC STR NYC ASSOCIATES INC STRUCTURAL SERVICES INC. STRUCTURAL SYSTEMS INC STUDWELDING SOLUTIONS, LLC SULLIVAN CONSTRUCTION GROUP,LLC SUNCOAST REINFORCING, LLC SUPOR RIGGING, LLC SYMBRANT AVIATION SERVICES SYOSSET STEEL CORP. THIRD TRACK CONSTRUCTORS THREE D RIGGING & CONSTRUCTION, INC TITAN ERECTORS, INC TJ STEEL TOWER MAINTENANCE CORP TRANSCONTINENTAL CONTRACTING, INC. TRI-CITY STEEL ERECTORS, INC TRIPLE H CONSTRUCTION, INC TULLY CONSTRUCTION CO., INC. TUTOR PERINI CORP UCG GLOBAL UNICORN CONSTRUCTION ENT. INC. UNIK GROUP SA DE CV CORP UNIONPORT CONSTRUCTORS, JV (UCJV) UNITED BRIDGE CONSTRUCTION INC. UNITED FENCE & GUARD RAIL CORP UNITED STRUCTURAL WORKS UNIVERSAL CONSTRUCTION RESOURCES, INC VTC CONSTRUCTION CORP W & W STEEL ERECTORS, LLC WDF INC. WORTH CONSTRUCTION CO., INC WURTS BRIDGE CONSTRUCTORS, LLC XTREME CONSTRUCTION CORP YABOO FENCE CO YONKERS CONTRACTING CO