2025-08-05T13:36:35-05:00 2024-06-30 222951202 MSPC CPAS & ADVISORS PC 340 NORTH AVENUE EAST CRANFORD NJ 070162496 990 2023-07-01 135157704 INTERNATIONAL ASSN OF BRIDGE STRUCTURAL & ORNAMENTAL IRON WORKERS INTE 2125941662 501 WEST 42ND STREET NEW YORK NY 100366205 JOSEPH NOLAN BUSINESS MANAGER/FINANCIAL SEC TRES 2125941662 2025-08-05 1 1 JON S GAGLIARDI CPA P00528721 9082727000 2023 2025-03-06 01:10:19Z JOSEPH NOLAN 501 WEST 42ND STREET NEW YORK NY 100366205 15039749 0 X N/A X 1938 NY LABOR UNION ACTIVITIES INCLUDING MEMBER REPRESENTATION. 5 0 17 0 0 0 0 0 4360838 3881363 -48455 1290407 1606 1958 4313989 5173728 0 0 0 0 1823678 1932514 0 0 0 2508998 2538726 4332676 4471240 -18687 702488 40998135 41357074 30485 16534 40967650 41340540 LABOR UNION ACTIVITIES INCLUDING MEMBER REPRESENTATION. 0 0 IABSOIW LOCAL 580'S EXEMPT PURPOSE IS TO REPRESENT IT'S MEMBERS & TO NEGOTIATE ON BEHALF OF IT'S MEMBERS FOR RAISES AND BENEFITS. 0 0 0 1 0 0 0 0 0 1 0 0 0 0 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 1 0 0 1 17 0 1 17 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 0 0 0 0 0 1 1 1 1 0 0 0 1 0 0 0 0 0 0 X LOCAL UNION 2125941662 501 WEST 42ND STREET NEW YORK NY 10036 JOHN MOONEY EXAMINING BOARD 1.00 X 0 0 0 PETER MYERS FORMER BUSINESS MANAGER/FI 45.00 0.10 X 46560 0 68042 THOMAS CALABRESE EXECUTIVE BOARD 1.00 X 625 0 0 CHARLES FITZPATRICK EXAMINING BOARD 1.00 X 0 0 0 JOEL OWUSU EXAMINING BOARD 1.00 X 0 0 0 KEVIN MCKEON BUSINESS AGENT 45.00 0.10 X 151916 0 157771 JAMES COYNE BUSINESS AGENT 45.00 X 1195 0 0 THOMAS MILTON BUSINESS AGENT 45.00 X 151917 0 150750 JAMES FEGEL EXECUTIVE BOARD 1.00 X 1000 0 0 RICHARD MIDDLETON TRUSTEE 1.00 X 0 0 0 JOSEPH NOLAN BUSINESS MANAGER/FINANCIAL 45.00 X 151917 0 157338 JOSEPH MAFFEI BUSINESS AGENT 1.00 X 152042 0 0 STEVEN DONOFRIO PRESIDENT 1.00 X 9536 0 0 THOMAS DAWSON EXECUTIVE BOARD 1.00 X 1500 0 0 JOSE JIMENEZ EXECUTIVE BOARD 1.00 X 1500 0 0 DANIEL BUSH EXECUTIVE BOARD 1.00 X 3260 0 0 EARL DUNN BUSINESS AGENT 1.00 X 108935 0 113661 JASON MCGOWAN RECORDING SECRETARY 1.00 X 9428 0 0 RYAN HERBERT FORMER EXECUTIVE BOARD 1.00 X 0 0 0 FRANK SESTAK EXECUTIVE BOARD 1.00 X 0 0 0 CARLOS MARTINES TRUSTEE 1.00 X 0 0 0 ISAIS ORTIZ TRUSTEE 1.00 X 0 0 0 ENRIQUE MARCIANO VICE PRESIDENT 1.00 X 250 0 0 MICHAEL PALLOTTO TRUSTEE 1.00 X 0 0 0 VINCENT PAPA SERGEANT AT ARMS 1.00 X 250 0 0 791831 0 647562 5 0 1 0 LOCAL 580AJEF MEMBER ASSISTANCE PROGRAM 501 WEST 42ND STREET NEW YORK NY 100366205 MEMBER ASSISTANCE 305457 1 MEMBERSHIP DUES & ASSESSMENTS 900099 3881363 3881363 3881363 1490865 1490865 9629593 35970 9806183 59838 -176590 -23868 -200458 -200458 OTHER INCOME 900099 1958 1958 1958 5173728 3883321 0 1290407 804955 216275 331782 493689 85813 176834 69425 34086 59852 24508 33876 178847 46002 72941 56852 PER CAPITA AFFILIATES 1031766 MEMBER ASSISTANCE PROGR 305457 CONTRIBUTIONS, DONATION 226161 OFFICERS ALLOWANCES & R 91259 130860 4471240 656768 370422 3393495 2916778 704739 456540 304689 248199 36643183 37821675 40998135 41357074 30485 16534 30485 16534 X 40967650 41340540 40967650 41340540 40998135 41357074 X 702488 -329598 X X 0 1 X 0 0 1 1 0 147569 118878 28691 129158 121323 7835 428012 216339 211673 248199 X 5173728 0 5173728 0 5173728 4471240 0 4471240 0 4471240 PART X, LINE 2: THE UNION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(5) OF THE INTERNAL REVENUE CODE AS A NONPROFIT LABOR ORGANIZATION. INCOME CAN BE TAXABLE, HOWEVER, IF THE UNION ENGAGES IN SUBSTANTIAL LOBBYING ACTIVITIES, PARTICIPATES IN POLITICAL CAMPAIGNS, OR IF SUBSTANTIAL INCOME IS EARNED FROM BUSINESS ACTIVITIES UNRELATED TO THE MAIN PURPOSE OF THE UNION. THE ACCOUNTING STANDARDS ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESS THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE UNION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE UNION AND VARIOUS POSITIONS RELATED TO POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM A TAX POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE YEARS ENDED JUNE 30, 2024 OR 2023. THE UNION FILES ITS INTERNAL REVENUE SERVICE (IRS) FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, AS REQUIRED. CURRENTLY, THE 2020 TO 2023 TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE IRS. HOWEVER, THE UNION IS NOT CURRENTLY UNDER AUDIT NOR HAS THE UNION BEEN CONTACTED BY ANY OF THE TAXING AUTHORITIES. X 0 0 0 KEVIN MCKEON BUSINESS AGENT 142681 0 0 0 9235 0 115079 0 42692 0 309687 0 0 0 JOSEPH NOLAN BUSINESS MANAGER/FINANCIAL 138807 0 0 0 13110 0 114808 0 42530 0 309255 0 0 0 THOMAS MILTON BUSINESS AGENT 138892 0 0 0 13025 0 110684 0 40066 0 302667 0 0 0 EARL DUNN BUSINESS AGENT 101930 0 0 0 7005 0 87493 0 26168 0 222596 0 0 0 JOSEPH MAFFEI BUSINESS AGENT 140032 0 0 0 12010 0 0 0 0 0 152042 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 APPLICANTS FOR MEMBERSHIP SHALL COMPLY WITH THE REQUIREMENTS IMPOSED BY THE UNION. THE FOLLOWING REQUIREMENTS MUST BE FULFILLED TO OBTAIN MEMBERSHIP: 1. SUBMIT A COMPLETED WRITTEN APPLICATION FOR MEMBERSHIP. 2. AFTER RANDOMLY BEING SELECTED FROM A POOL OF APPLICANTS, BEGIN A 3 YEAR TRAINING PROGRAM AS AN APPRENTICE. 3. UPON SUCCESSFULLY COMPLETING THE 3 YEAR TRAINING PROGRAM AND GRADUATING, THE APPLICANT IS NOW CONSIDERED A JOURNEYMAN AND A FULL MEMBER WHO WILL NOW PAY FULL DUES AND INITIATION FEES. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER WHOSE DUES ARE PAID UP THROUGH THE MONTH PRIOR TO THE MONTH IN WHICH THE NOMINATION OR ELECTION IS HELD SHALL HAVE THE RIGHT TO NOMINATE, VOTE FOR, OR OTHERWISE SUPPORT ANY CANDIDATE. VOTING SHALL BE DONE BY SECRET BALLOT AMONG THOSE MEMBERS IN GOOD STANDING. PROXY VOTING IS NOT PERMITTED. EACH MEMBER SHALL BE ENTITLED TO ONE VOTE. THE LOCAL UNION HAS THE AUTHORITY TO ESTABLISH ALL RULES & REGULATIONS FOR THE ELECTION TO SUPPLEMENT THE PROVISIONS OF THE INTERNATIONAL CONSTITUTION AND THE LOCAL'S BY-LAWS. FORM 990, PART VI, SECTION A, LINE 7B THE EXECUTIVE BOARD INITIALLY APPROVES ALL EXPENDITURES AT THEIR MONTHLY EXECUTIVE BOARD MEETINGS. THEN, AT THE GENERAL MEMBERSHIP MEETINGS IT IS BROUGHT BEFORE THE MEMBERSHIP WHO THEN VOTE TO APPROVE OR DISAPPROVE. FORM 990, PART VI, SECTION A, LINE 8B NO OTHER COMMITTEES EXIST WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY SEVERAL OFFICERS PRIOR TO THE FILING. FORM 990, PART VI, SECTION C, LINE 19 THE LOCAL UNION MAKES IT'S GOVERNING DOCUMENTS AND FINANCIAL INFORMATION AVAILABLE UPON REQUEST AT THE OFFICES OF THE LOCAL UNION. ARRANGEMENTS MUST BE MADE DURING NORMAL BUSINESS HOURS. COPIES ARE NOT ALLOWED. FORM 990, PART XI, LINE 9: TRANSFER TO INTERNATIONAL -329,598. PART XII, LINE 1 - OTHER ACCOUNTING METHOD: MODIFIED CASH BASIS IRONWORKERS LOCAL 580 SCHOLARSHIP 501 WEST 42ND STREET NEW YORK NY 10036 562305804 PROVIDE SCHOLARSHIPS TO MEMBER DEPENDENTS NY 501(C)(3) 509(A)(2) N/A 1 LOCAL 580 VACATION FUND 501 WEST 42ND STREET NEW YORK NY 10036 132874176 PROVIDE VACATION BENEFITS TO MEMBERS NY 501(C)(9) N/A 0 LOCAL 580 PENSION FUND 501 WEST 42ND STREET NEW YORK NY 10036 136178514 PROVIDE PENSION BENEFITS NY 401(A) N/A 0 LOCAL 580 INSURANCE FUND 501 WEST 42ND STREET NEW YORK NY 10036 136178513 PROVIDE MEDICAL BENEFITS TO MEMBERS NY 501(C)(9) N/A 0 LOCAL 580 ANNUITY FUND 501 WEST 42ND STREET NEW YORK NY 10036 136178512 PROVIDE ANNUITY BENEFITS TO MEMBERS NY 401(A) N/A 0 LOCAL 580 EDUCATIONAL FUND 501 WEST 42ND STREET NEW YORK NY 10036 230740036 PROVIDE EDUCATION AND TRAINING NY 501(C)(3) N/A 0 LOCAL 580 SCHOLARSHIP FUND 501 WEST 42ND STREET NEW YORK NY 10036 450536496 PROVIDE COLLEGE SCHOLARSHIP BENEFITS NY 501(C)(5) N/A 0 501-507 WEST 42ND STREET REALTY CORP 501 WEST 42ND STREET NEW YORK NY 10036 133120147 TITLE HOLDING CORP NY 501(C)(2) 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 0 LOCAL 580 SHOP APPRENTICE TRAINING FUND 501 WEST 42ND STREET NEW YORK NY 10036 237120292 PROVIDE EDUCATION AND TRAINING NY 501(C)(3) N/A 0 IRONWORKERS LOCAL 580 SHOP ANNUITY FUND 501 WEST 42ND STREET NEW YORK NY 10036 237118930 PROVIDE ANNUITY BENEFITS TO MEMBERS NY 401(A) N/A 0 IRONWORKERS LOCAL 580 SHOP PENSION FUND 501 WEST 42ND STREET NEW YORK NY 10036 136613876 PROVIDE PENSION BENEFITS TO MEMBERS NY 401(A) N/A 0 IRONWORKERS LOCAL 580 SHOP WELFARE FUND 501 WEST 42ND STREET NEW YORK NY 10036 132878322 PROVIDE MEDICAL BENEFITS TO MEMBERS NY 501(C)(9) N/A 0 IRONWORKERS PICNIC INC 501 WEST 42ND STREET NEW YORK NY 10036 134121172 PICNIC NY N/A C 1.00000 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 501-507 WEST 42ND STREET REALTY CORP K 178847 FMV