2024-10-11T09:28:03-05:00 2023-12-31 131577780 SCHULTHEIS & PANETTIERI LLP 450 WIRELESS BLVD HAUPPAUGE NY 11788 990 2023-01-01 450536496 THE LOCAL 580 COLLEGE SCHOLARSHIP 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 5966153 0 X N/A X 2003 NY TO PROVIDE SCHOLARSHIP BENEFITS TO DEPENDANTS OF ELIGIBLE PARTICIPANTS. 9 9 0 0 0 0 0 0 618509 554183 45898 -35551 0 24227 664407 542859 639261 537052 0 0 43027 23107 0 0 0 72980 49707 755268 609866 -90861 -67007 4244129 4359962 21128 57643 4223001 4302319 TO PROVIDE SCHOLARSHIP BENEFITS TO DEPENDANTS OF ELIGIBLE PARTICIPANTS. 0 0 TO PROVIDE SCHOLARSHIP BENEFITS TO DEPENDANTS OF ELIGIBLE PARTICIPANTS. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 132 0 1 0 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 BRENDAN TORMEY 2126955206 501 WEST 42ND STREET NEW YORK NY 10036 JOSEPH NOLAN UNION TRUSTEE 2.00 45.00 X 0 0 0 PETER MYERS - THRU 1023 UNION TRUSTEE 2.00 45.00 X 0 0 0 JOHN CUMBERLAND - THRU 223 UNION TRUSTEE 2.00 45.00 X 0 0 0 THOMAS MILTON UNION TRUSTEE 2.00 45.00 X 0 0 0 KEVIN MCKEON UNION TRUSTEE 2.00 45.00 X 0 0 0 JOSEPH MAFFEI UNION TRUSTEE 2.00 45.00 X 0 0 0 STEVEN DONOFRIO - EFF 223 UNION TRUSTEE 2.00 45.00 X 0 0 0 EARL DUNNE - EFF 1023 UNION TRUSTEE 2.00 45.00 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 BRENDAN TORMEY FUND ADMINISTRATOR 1.00 39.00 X 0 180112 124306 0 180112 124306 0 0 1 0 0 EMPLOYER CONTRIBUTIONS 238900 554183 554183 554183 141135 141135 5246608 5423294 -176686 -176686 -176686 OTHER INCOME 238900 24227 24227 24227 542859 578410 0 -35551 537052 13849 5743 2356 1159 5081 24049 7126 404 1821 5533 3058 584 168 72 1811 609866 19252 22200 421235 436395 79433 26574 3513 2004 1227 1191 108 36 3720588 3872753 4244129 4359962 21128 40000 0 17643 21128 57643 X 4223001 4302319 4223001 4302319 4244129 4359962 -67007 146325 0 X X 0 1 X 1 0 1 0 0 1227 1191 36 36 RELATED ORGANIZATIONS 17643 17643 682058 146325 146325 535733 7126 7126 542859 602740 0 602740 7126 7126 609866 1 SCHOLARSHIP AWARDS FOR FULL TIME CANDIDATE FOR UNDERGRADUATE DEGREE 130 537052 PART I, LINE 2 LOCAL 580 SCHOLARSHIP FUND MAINTAINS RECORDS OF ALL SCHOLARSHIP RECIPIENTS INCLUDING THE DOLLAR AMOUNT AWARDED AND THE ACCREDITED EDUCATIONAL INSTITUTION THE RECIPIENT ATTENDS. IN ORDER TO MAINTAIN THE BENEFIT RECEIVED THE SCHOLARSHIP RECIPIENT MUST RECEIVE, IN THE PRIOR ACADEMIC YEAR, A GRADE POINT AVERAGE THAT IS CONSISTENT WITH THE GRADUATION REQUIREMENTS FOR THE DEGREE WHICH THE STUDENT IS SEEKING. X 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, VACATION, LABOR MANAGEMENT, TRAINING AND WELFARE FUNDS. COMPENSATION AND BENEFITS ARE PAID BY THE WELFARE FUND WITH REIMBURSEMENTS MADE ACCORDINGLY. THE SCHOLARSHIP FUND'S PORTION OF THESE EXPENSES IS 1% OF THE GROSS AMOUNTS DETAILED ON SCHEDULE J, PART II. FORM 990, PART VI, SECTION B, LINE 11B 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 COLLEGE SCHOLARSHIP FUND MONITORS ITS CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 LOCAL 580 COLLEGE SCHOLARSHIP 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 COLLEGE SCHOLARSHIP FUND'S GOVERNING BODY IS RESPONSIBLE FOR OVERSEEING THE FINANCIAL STATEMENT AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTANT THAT PERFORMS THE AUDIT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. 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 EDUCATIONAL FUND 501 WEST 42ND STREET NEW YORK NY 10036 237040036 TRAINING FUND NY 501(C)(3) 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 INTERNATIONAL ASSN OF BRIDGE STRUCTURAL & ORNAMENTAL IRON WORKERS LOCAL 580 501 WEST 42ND STREET NEW YORK NY 10036 LABOR UNION NY 501(C)(5) N/A N/A 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 501-507 WEST 42ND STREET REALTY CORP K 3058 LEASE PAYMENT 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 ORGANIZAION OR ANY RELATED ORGANIZATION IN THEIR CAPACITY AS TRUSTEES OF THIS ORGANIZTION. 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.