2024-10-11T10:22:16-05:00 2023-12-31 131577780 SCHULTHEIS & PANETTIERI LLP 450 WIRELESS BLVD HAUPPAUGE NY 11788 990 2023-01-01 237040036 LOCAL 580- EDUCATIONAL FUND LOCA 2126955206 501 WEST 42ND STREET NEW YORK NY 10036 JOSEPH NOLAN UNION TRUSTEE 2126955206 2024-10-11 1 1 CAROL WESTFALL P00539069 6312734778 2023 2024-10-15 13:58:12Z BRENDAN TORMEY 501 WEST 42ND STREET NEW YORK NY 10036 50551868 0 X N/A X 1969 NY TO PROVIDE TRAINING, SKILL IMPROVEMENT, AND SAFETY EDUCATION TO ELIGIBLE PARTICIPANTS. 9 9 17 0 0 0 0 0 3390851 3079612 674528 1181538 219889 156001 4285268 4417151 0 0 0 0 1965093 1953436 0 0 0 1607353 1683583 3572446 3637019 712822 780132 41465615 42513509 109045 212376 41356570 42301133 TO OPERATE TRAINING AND EDUCATION PROGRAMS FOR APPRENTICES OF LOCAL 580 AND TO GIVE RETRAINING AND ADDITIONAL TRAINING TO JOURNEYMEN OF LOCAL 580. 0 0 1714249 TO OPERATE TRAINING AND EDUCATION PROGRAMS FOR APPRENTICES OF LOCAL 580 AND TO GIVE RETRAINING AND ADDITIONAL TRAINING TO JOURNEYMEN OF LOCAL 580. 1714249 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 1 1 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 6 0 1 17 1 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X BRENDEN TORMEY 2126955206 501 WEST 42ND STREET NEW YORK NY 10036 RICHARD M FALASCA DIRECTOR OF EDUCATION 57.00 0.00 X 0 198707 141709 PETER MYERS UNION TRUSTEE - THRU 10/23 2.00 0.00 X 0 0 0 JOHN CUMBERLAND UNION TRUSTEE - THRU 2/23 2.00 0.00 X 0 0 0 JOSEPH NOLAN UNION TRUSTEE 2.00 0.00 X 0 0 0 THOMAS MILTON UNION TRUSTEE 2.00 0.00 X 0 0 0 KEVIN MCKEON UNION TRUSTEE 2.00 0.00 X 0 0 0 PETER CARRIERO EMPLOYER TRUSTEE 2.00 0.00 X 0 0 0 RANDALL MENT EMPLOYER TRUSTEE 2.00 0.00 X 0 0 0 RANDALL RIFELLI EMPLOYER TRUSTEE 2.00 0.00 X 0 0 0 JOSEPH MAFFEI UNION TRUSTEE 45.00 0.00 X 0 0 0 STEVE DONOFRIO UNION TRUSTEE - EFF 2/23 2.00 0.00 X 0 0 0 EARL DUNN UNION TRUSTEE - EFF 10/23 2.00 0.00 X 0 0 0 NOEL QUINONES INSTRUCTOR 45.00 0.00 X 183743 0 99445 JOSEPH ROONEY INSTRUCTOR 45.00 0.00 X 170486 0 97516 BRENDAN TORMEY FUND ADMINISTRATOR 2.00 39.00 X 0 180112 124306 ADRIAN PADRO INSTRUCTOR 45.00 0.00 X 140024 0 0 494253 378819 462976 3 0 1 0 0 EMPLOYER CONTRIBUTIONS 238900 2774155 2774155 MAP PROGRAM REIMBURSEMENT 238900 305457 305457 3079612 893116 893116 46423139 46134717 288422 288422 288422 OTHER INCOME 238900 156001 156001 156001 4417151 3235613 0 1181538 340416 340416 1193204 1016105 177099 174467 141699 32768 132510 77995 54515 112839 84404 28435 95105 95105 51870 51870 47903 47903 2184 2184 32887 8200 24687 11638 11638 322048 322048 21134 21134 2527 2527 19949 19949 43779 43779 EEOC MAP PROGRAM 659364 10124 649240 EDUCATIONAL COURSES 373195 373195 3637019 1714249 1922770 0 444368 721805 352756 21852 450990 372681 34284 38729 441111 371788 84772 69323 28524374 28597756 960308 11574071 11731055 41465615 42513509 109045 212376 109045 212376 X 0 0 0 0 41356570 42301133 41356570 42301133 41465615 42513509 780132 164431 0 X X 0 1 X 1 0 441111 371788 69323 69323 DUE TO RELATED ORGANIZATIONS 11731055 11731055 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 PUBLISHED DURING RECRUITMENT YEARS. SCHEDULE E, PART I, LINE 4 B) NO SCHOLARSHIPS OR FINANCIAL ASSISTANCE PROVIDED D) NO CONTRIBUTIONS ARE SOLICITED X 0 0 0 RICHARD M FALASCA DIRECTOR OF EDUCATION 0 196425 0 0 0 2282 0 91395 0 50314 0 340416 0 0 NOEL QUINONES INSTRUCTOR 183743 0 0 0 0 0 64137 0 35308 0 283188 0 0 0 JOSEPH ROONEY INSTRUCTOR 170486 0 0 0 0 0 62892 0 34624 0 268002 0 0 0 BRENDAN TORMEY FUND ADMINISTRATOR 0 180112 0 0 0 0 0 80171 0 44135 0 304418 0 0 FORM 990, SCHEDULE J SUPPLEMENTAL INFORMATION EXPLANATION: BRENDAN TORMEY RECEIVES COMPENSATION AND BENEFITS IN HIS CAPACITY AS FUND ADMINISTRATOR OF THE RELATED PENSION, ANNUITY, SCHOLARSHIP, LABOR MANAGEMENT, TRAINING AND WELFARE FUNDS. COMPENSATION AND BENEFITS ARE PAID BY THE WELFARE FUND WITH REIMBURSEMENTS MADE ACCORDINGLY. THE EDUCATIONAL FUND'S PORTION OF THESE EXPENSES IS 6% OF THE GROSS AMOUNTS DETAILED ON SCHEDULE J, PART II. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED IN COORDINATION WITH THE FUND ADMINISTRATOR WHO WORKS FULL TIME FOR THE PLAN. ONCE COMPLETE, THE FORM WAS PROVIDED TO AND REVIEWED BY THE BOARD OF TRUSTEES PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C LOCAL 580 EDUCATIONAL FUND MONITORS ITS CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 LOCAL 580 EDUCATIONAL FUND'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: LOCAL 580 EDUCATIONAL FUND'S FINANCIAL STATEMENTS WERE AUDITED ON A CONSOLIDATED BASIS TO INCLUDE ITS SUBSIDIARY, THE ARCHITECTURAL IRON REALTY CORP., A 501(C)(2) TITLE HOLDING CORPORATION. LOCAL 580 INSURANCE FUND 501 WEST 42ND STREET NEW YORK NY 10036 136178513 BENEFIT FUND NY 501(C)(9) N/A N/A 0 LOCAL 580 PENSION FUND 501 WEST 42ND STREET NEW YORK NY 10036 136178514 BENEFIT FUND NY 401(A)/501(A) N/A N/A 0 LOCAL 580 ANNUITY FUND 501 WEST 42ND STREET NEW YORK NY 10036 136178512 BENEFIT FUND NY 401(A)/501(A) N/A N/A 0 LOCAL 580 VACATION FUND 501 WEST 42ND STREET NEW YORK NY 10036 132874176 BENEFIT FUND NY 501(C)(9) N/A N/A 0 LOCAL 580 COLLEGE SCHOLARSHIP FUND 501 WEST 42ND STREET NEW YORK NY 10036 450536496 BENEFIT FUND NY 501(C)(5) N/A N/A 0 ARCHITECTURAL IRON REALTY CORP 501 WEST 42ND STREET NEW YORK NY 10036 134192352 TITLE HOLDING CORP. NY 501(C)(2) N/A N/A 0 501-507 WEST 42ND STREET REALTY CORP 501 WEST 42ND STREET NEW YORK NY 10036 133120148 TITLE HOLDING CORP. NY 501(C)(2) N/A N/A 0 LOCAL 580 LABOR MANAGEMENT PROMOTION FUND 501 WEST 42ND STREET NEW YORK NY 10036 364636298 LABOR - MANAGEMENT PROMOTIONAL ORGANIZATION NY 501(C)(5) N/A N/A 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 ARCHITECTURAL IRON REALTY CORP K 285456 LEASE PAYMENTS ARCHITECTURAL IRON REALTY CORP R 320000 AMOUNT TRANSFERRED FORM 990, SCHEDULE R, PART II AND IV CERTAIN TRUSTEES LISTED ON FORM 990, 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. THE FILING ORGANIZATION IS NOT REQUIRED TO LIST THE COMPENSATION FOR THESE TRUSTEES BECAUSE THE RELATED ORGANIZATION (I) WAS "FOR PROFIT", (II) WAS NOT OWNED OR CONTROLLED DIRECTLY OR INDIRECTLY BY THE FILING ORGANIZATION OR ONE OR MORE RELATED TAX-EXEMPT ORGANIZATIONS, AND (III) DID NOT PROVIDE MANAGEMENT SERVICES FOR A FEE TO THE FILING ORGANIZATIONS. CERTAIN TRUSTEES LISTED ON FORM 990, PART VII, SECTION A, DO NOT RECEIVE COMPENSATION FROM THIS ORGANIZATION, BUT DO RECEIVE COMPENSATION FROM IRONWORKERS LOCAL 580 (THE UNION") IN THEIR CAPACITY AS EMPLOYEES/OFFICERS OF THE UNION.