Nonprofit · EIN 13-5600369
PAINTING INDUSTRY INSURANCE FUND
Tax-exempt · NEW YORK, NY 10011
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $147,939,446 | $135,398,802 | $12,540,644 | $194,910,927 | $19,339,988 | $175,570,939 |
| December 31, 2023 | 990 | $129,618,111 | $120,761,390 | $8,856,721 | $192,646,677 | $18,485,612 | $174,161,065 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $120,466,095
- Investment income
- $25,482,320
- Net gain from sales of assets
- $23,038,659
- Other revenue
- $1,991,031
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $128,440,432
- Other salaries and wages
- $2,240,520
- Salaries, compensation and benefits (total)
- $3,916,895
- Professional fundraising fees
- $0
- Legal fees
- $202,910
- Accounting fees
- $1,009,468
- Occupancy
- $203,540
- Depreciation
- $14,779
Balance sheet and other
- Total assets, start of year
- $192,646,677
- Total assets, end of year
- $194,910,927
- Total liabilities, end of year
- $19,339,988
- Net assets, end of year
- $175,570,939
- Land, buildings and equipment
- $19,034
- Publicly traded securities
- $27,618,841
- Gross receipts
- $180,001,976
- Employees
- 30
- Volunteers
- 0
- Year formed
- 1948
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOSEPH AZZOPARDI | UNION TRUSTEE Trustee or director | 2 | $0 | $329,977 | $176,308 |
| AURELIA CIOCOI | FUND ADMINISTRATOR Highest-paid employee | 35 | $130,481 | $58,879 | $159,451 |
| KIMBERLY LAUGHTON | FUND EMPLOYEE Highest-paid employee | 1 | $61,260 | $126,608 | $141,081 |
| JOHN DREW | UNION TRUSTEE Trustee or director | 2 | $0 | $179,502 | $136,082 |
| NICHOLAS MILAZZO | UNION TRUSTEE Trustee or director | 2 | $0 | $171,630 | $132,814 |
| STACY PECCHIA | ASSISTANT FUND ADMINISTRAT Highest-paid employee | 16 | $142,051 | $16,262 | $129,216 |
| KEVIN MCMENOMY | CONTROLLER Highest-paid employee | 21 | $80,414 | $77,342 | $124,666 |
| ANTHONY SPEZIALE | UNION TRUSTEE Trustee or director | 2 | $0 | $140,232 | $114,464 |
| LEE ECK | UNION TRUSTEE Trustee or director | 2 | $0 | $97,943 | $90,413 |
| SALVATORE SAVARESE | FUND EMPLOYEE Highest-paid employee | 16 | $69,252 | $44,073 | $49,027 |
| MATTHEW GAETA | UNION TRUSTEE Trustee or director | 2 | $0 | $35,153 | $22,229 |
| KIERAN AHERN | EMPLOYER TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| STEPHEN BRICE | UNION TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| PETER CAFIERO | EMPLOYER TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| JOHN CARUSO | EMPLOYER TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
14 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JED COLDON | EMPLOYER TRUSTEE Trustee or director | 2 | $0 |
| ARCHIE ERBELI | EMPLOYER TRUSTEE (ALT) Trustee or director | 2 | $0 |
| DINO ERBELI | EMPLOYER TRUSTEE Trustee or director | 2 | $0 |
| JOHN GISONDI | EMPLOYER TRUSTEE Trustee or director | 2 | $0 |
| JEROME HABER | EMPLOYER TRUSTEE Trustee or director | 2 | $0 |
| SCOTT HABER | EMPLOYER TRUSTEE (ALT) Trustee or director | 2 | $0 |
| TODD HELFRICH | EMPLOYER TRUSTEE Trustee or director | 2 | $0 |
| RICHARD HENSHAW | EMPLOYER TRUSTEE (ALT) Trustee or director | 2 | $0 |
| RADOMIR JELCIC | EMPLOYER TRUSTEE (P) Trustee or director | 2 | $0 |
| KYLE NUGENT | EMPLOYER TRUSTEE (ALT) Trustee or director | 2 | $0 |
| TODD NUGENT | EMPLOYER TRUSTEE Trustee or director | 2 | $0 |
| RANDY PEARLMAN | EMPLOYER TRUSTEE Trustee or director | 2 | $0 |
| GORDON ROTH | EMPLOYER TRUSTEE (ALT) Trustee or director | 2 | $0 |
| BRUCE RUINSKY | EMPLOYER TRUSTEE Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 29 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOSEPH AZZOPARDI | UNION TRUSTEE Trustee or director | 2 | $0 | $404,759 | $167,768 |
| JOHN DREW | UNION TRUSTEE Trustee or director | 2 | $0 | $230,787 | $133,212 |
| NICHOLAS MILAZZO | UNION TRUSTEE Trustee or director | 2 | $0 | $211,638 | $125,274 |
| AURELIA CIOCOI | FUND ADMINISTRATOR Highest-paid employee | 35 | $125,334 | $61,868 | $146,853 |
| SALVATORE SAVARESE | FUND EMPLOYEE Highest-paid employee | 16 | $61,633 | $123,321 | $127,371 |
| KEVIN MCMENOMY | CONTROLLER Highest-paid employee | 21 | $82,136 | $78,373 | $118,113 |
| STEPHEN BRICE | UNION TRUSTEE Trustee or director | 2 | $0 | $167,156 | $110,072 |
| ANTHONY SPEZIALE | UNION TRUSTEE Trustee or director | 2 | $0 | $168,410 | $98,796 |
| STACY PECCHIA | ASSISTANT FUND ADMINISTRAT Highest-paid employee | 16 | $153,391 | $0 | $104,683 |
| LEE ECK | UNION TRUSTEE Trustee or director | 2 | $0 | $121,877 | $87,766 |
| STEVEN SALZMAN | FUND EMPLOYEE Highest-paid employee | 1 | $46,034 | $54,116 | $66,483 |
| MATTHEW GAETA | UNION TRUSTEE Trustee or director | 2 | $0 | $45,627 | $21,122 |
| JED COLDON | EMPLOYER TRUSTEE (ALT) Trustee or director | 2 | $0 | $0 | $0 |
| GORDON ROTH | EMPLOYER TRUSTEE (ALT) Trustee or director | 2 | $0 | $0 | $0 |
| TODD HELFRICH | EMPLOYER TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| RANDY PEARLMAN | EMPLOYER TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| BRUCE RUINSKY | EMPLOYER TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| RADOMIR JELCIC | EMPLOYER TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| TODD NUGENT | EMPLOYER TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| JOHN GISONDI | EMPLOYER TRUSTEE (ALT) Trustee or director | 2 | $0 | $0 | $0 |
| JEROME HABER | EMPLOYER TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| PETER CAFIERO | EMPLOYER TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| KIERAN AHERN | EMPLOYER TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| DINO ERBELI | EMPLOYER TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| JOHN CARUSO | EMPLOYER TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| RICHARD HENSHAW | EMPLOYER TRUSTEE (ALT) Trustee or director | 2 | $0 | $0 | $0 |
| KYLE NUGENT | EMPLOYER TRUSTEE (ALT) Trustee or director | 2 | $0 | $0 | $0 |
| ARCHIE ERBELI | EMPLOYER TRUSTEE (ALT) Trustee or director | 2 | $0 | $0 | $0 |
| SCOTT HABER | EMPLOYER TRUSTEE (ALT) Trustee or director | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 45 W 14TH ST 5TH FL, NEW YORK, NY 10011-7419
- Principal officer (990 for 2024)
- JOSEPH AZZOPARDI, 45 WEST 14TH STREET, NEW YORK, NY 10011
- Signed the 990
- JOSEPH AZZOPARDI, TRUSTEE
- Phone
- (212) 255-2950
- Return prepared by
- NOVAK FRANCELLA LLC
Mission
TO PROVIDE MAJOR MEDICAL, HOSPITAL AND OTHER HEALTHCARE BENEFITS, AS WELL AS VACATION BENEFITS TO APPROXIMATELY 5,510 ELIGIBLE PARTICIPANTS WHO ARE MEMBERS OF IUPAT, AFL-CIO, DISTRICT COUNCIL NO. 9 AND ITS AFFILIATED LOCAL UNIONS.
Program accomplishments
- TO PROVIDE MAJOR MEDICAL, HOSPITAL AND OTHER HEALTHCARE BENEFITS, AS WELL AS VACATION BENEFITS TO APPROXIMATELY 5,510 ELIGIBLE PARTICIPANTS WHO ARE MEMBERS OF IUPAT, AFL-CIO, DISTRICT COUNCIL NO. 9 AND ITS AFFILIATED LOCAL UNIONS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 13-5600369
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 1948
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $194,910,927
- Income (IRS master file)
- $180,001,976
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $147,939,446 | $135,398,802 | $194,910,927 | XML |
| 990 | December 2023 | $129,618,111 | $120,761,390 | $192,646,677 | XML |
| 990 | December 2022 | $118,604,476 | $113,412,293 | $174,883,059 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-5600369).
Questions about PAINTING INDUSTRY INSURANCE FUND
- What is the EIN of PAINTING INDUSTRY INSURANCE FUND?
- The employer identification number (EIN) of PAINTING INDUSTRY INSURANCE FUND is 13-5600369.
- Is PAINTING INDUSTRY INSURANCE FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1948.
- Are donations to PAINTING INDUSTRY INSURANCE FUND tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does PAINTING INDUSTRY INSURANCE FUND file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PAINTING INDUSTRY INSURANCE FUND due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PAINTING INDUSTRY INSURANCE FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of PAINTING INDUSTRY INSURANCE FUND?
- The 990 for the year ended December 31, 2024 names JOSEPH AZZOPARDI.
- Who are the officers and directors of PAINTING INDUSTRY INSURANCE FUND?
- The 990 for the year ended December 31, 2024 lists 29 people; 5 received compensation from the organization.
- How much revenue does PAINTING INDUSTRY INSURANCE FUND have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $147,939,446, expenses of $135,398,802 and total assets of $194,910,927 at year end.
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