2015-11-13T09:25:44-06:00 2014-12-31 113266576 GRASSI & CO CPA'S PC 488 MADISON AVE NEW YORK NY 10022 990 2014-01-01 135622663 IRON WORKERS LOCAL 40 361 & 417 HEALTH FUND IRON 2126841586 451 PARK AVE SOUTH NEW YORK NY 10016 BRIAN SABBAGH FUND MANAGER 2126610945 2015-11-06 1 ALAN SILVERSTEIN P00043838 2126610945 2014 2016-04-25 22:37:26Z BRIAN SABBAGH 451 PARK AVE SOUTH NEW YORK NY 10016 149597433 0 X WWW.IRONWORKERS.NET X 1948 NY TO PROVIDE HEALTH, VACATION AND OTHER BENEFITS 17 17 22 0 0 0 0 0 76206599 72747509 3987112 6282316 210731 38269 80404442 79068094 0 0 73142402 69895957 2210537 2278738 0 0 0 2096726 2001825 77449665 74176520 2954777 4891574 120819540 125436839 17822220 19009023 102997320 106427816 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 2627 0 22 1 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 1 0 0 0 0 X BRIAN SABBAGH 2126841586 451 PARK AVE SOUTH NEW YORK NY 10016 X DANIEL DOYLE UNION TRUSTEE 1.00 X 0 0 0 KEVIN O'ROURKE UNION TRUSTEE 1.00 X 0 0 0 ROBERT WALSH UNION TRUSTEE 1.00 X 0 0 0 MICHAEL GAYDOS UNION TRUSTEE 1.00 X 0 0 0 JOHN CUSH UNION TRUSTEE 1.00 X 0 0 0 TERRY DALY EMPLOYERS TRUSTEE 1.00 X 0 0 0 JAKE BIDOSKY EMPLOYERS TRUSTEE 1.00 X 0 0 0 STEVE ISAACSON EMPLOYERS TRUSTEE 1.00 X 0 0 0 ROBERT SAMELA EMPLOYERS TRUSTEE 1.00 X 0 0 0 LAWRENCE WEISS EMPLOYERS TRUSTEE 1.00 X 0 0 0 RICHARD LUCAS EMPLOYERS TRUSTEE 1.00 X 0 0 0 A ALAN SEIDMAN EMPLOYERS TRUSTEE 1.00 X 0 0 0 DANIEL TEUTUL EMPLOYERS TRUSTEE 1.00 X 0 0 0 MATTHEW CHARTRAND UNION TRUSTEE 1.00 X 0 0 0 ANTHONY DEBLASIE UNION TRUSTEE 1.00 X 0 0 0 MATTHEW STODDARD UNION TRUSTEE 1.00 X 0 0 0 BRIAN SABBAGH FUND MANAGER 40.00 X 140400 0 93652 ELSIE O'NEIL EMPLOYEE 40.00 X 105456 0 93652 J DELANEY EMPLOYEE 40.00 X 109200 0 93652 355056 0 280956 3 0 1 0 JOSEPH STERN 89 JOSEPH AVE STATEN ISLAND NY 10304 ACCOUNTING 264000 COLLERAN O'HARA & MILLS LLP 1225 FRANKLIN AVE SUITE 450 GARDEN CITY NY 11530 LEGAL 241570 MARTIN E SEGAL CO 333 WEST 34TH ST NEW YORK NY 10001 ACTUARY 172050 3 EMPLOYER CONTRIBUTIONS 230000 72222414 72222414 EMPLOYEE CONTRIBUTIONS 230000 525095 525095 72747509 3217020 3217020 73594635 70529339 3065296 3065296 3065296 SERVICE FEE INCOME 230000 26653 26653 MISC INCOME 230000 11616 11616 38269 79068094 75812805 0 3255289 69895957 1405438 764998 108302 251565 228953 245717 71921 172523 277792 18601 34209 19321 216105 INVESTMENT EXPENSE 298565 POSTAGE 58852 PREFERED PROVIDER ADMIN 55537 EQUIPMENT RENTAL 20721 31443 74176520 10588914 10128988 6103992 9693815 4138528 5100181 99182 115558 2144943 2070703 45435 74240 98623871 98596351 1219618 1727706 120819540 125436839 13581851 14239742 4240369 4769281 17822220 19009023 X 0 0 0 0 102997320 106427816 102997320 106427816 120819540 125436839 4891574 -1461078 0 X 0 1 X 0 0 2144943 2070703 74240 74240 U.S. GOVERNMENT AND AGENCIES 62021423 F COMMON STOCK 24423168 F CORPORATE BONDS AND DEBENTURES 12151760 F 98596351 ESCROW PAYABLE 30000 DUE TO AFFILIATED FUNDS 1867687 EXCHANGE 1486401 DUE TO BROKER 1385193 4769281 X 77308451 -1461078 -1461078 78769529 298565 298565 79068094 73220017 0 73220017 298565 657938 956503 74176520 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 2011. PART XII, LINE 4B - OTHER ADJUSTMENTS: INCREASE IN BENEFITS PAYABLE 657,938. 0 0 0 BRIAN SABBAGH FUND MANAGER 140400 0 0 0 0 0 26685 19127 27867 19973 194952 39100 0 0 ELSIE O'NEIL EMPLOYEE 105456 0 0 0 0 0 26685 19127 27867 19973 160008 39100 0 0 J DELANEY EMPLOYEE 109200 0 0 0 0 0 26685 19127 27867 19973 163752 39100 0 0 FORM 990, PART VI, SECTION B, LINE 11 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 552061 TIME AND MOTION STUDY IRON WORKERS LOCALS 40361 & 417 ANNUITY FUND FUND Q 696378 TIME AND MOTION STUDY IRON WORKERS LOCALS 40361 & 417 TOPPING OUT FUND FUND Q 560781 TIME AND MOTION STUDY IRON WORKERS LOCALS 40361 & 417 APPRENTICESHIP & TRAINING FUND Q 55340 TIME AND MOTION STUDY