Nonprofit · EIN 23-7112720
THE STEEL INSTITUTE
Tax-exempt · NEW YORK, NY 10016
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,353,387 | $1,197,064 | $156,323 | $9,162,789 | $7,586 | $9,155,203 |
| June 30, 2024 | 990 | $1,009,612 | $1,344,092 | -$334,480 | $8,998,880 | $0 | $8,998,880 |
| June 30, 2023 | 990 | $889,961 | $1,357,009 | -$467,048 | $9,333,359 | $0 | $9,333,359 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $704,287
- Investment income
- $649,100
- Net gain from sales of assets
- $326,544
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $143,000
- Compensation of officers, directors and key employees
- $116,492
- Other salaries and wages
- $179,013
- Salaries, compensation and benefits (total)
- $429,974
- Professional fundraising fees
- $0
- Legal fees
- $29,721
- Accounting fees
- $18,290
- Occupancy
- $145,641
- Depreciation
- $4,249
Balance sheet and other
- Total assets, start of year
- $8,998,880
- Total assets, end of year
- $9,162,789
- Total liabilities, end of year
- $7,586
- Net assets, end of year
- $9,155,203
- Land, buildings and equipment
- $14,504
- Gross receipts
- $5,315,128
- Employees
- 2
- Volunteers
- 0
- Year formed
- 1972
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| GARY HIGBEE | DIRECTOR OF INDUSTRY DEVEL Highest-paid employee | 20 | $232,052 | $0 | $103,589 |
| STEVEN N DAVI | EXECUTIVE DIRECTOR Trustee or director, Officer | 20 | $116,492 | $142,298 | $63,351 |
| JACQUELYN RIVERA | OFFICE MANAGER/CFO Highest-paid employee | 20 | $128,955 | $0 | $78,002 |
| ROBERT SAMELA | TRUSTEE,CHAIRMAN Trustee or director | 0.1 | $0 | $0 | $0 |
| JAKE BIDOSKY | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| ROBERT WEISS | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| KRIS AMPLO | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| TERRY FLYNN | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| BARRY KING | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| BILL MATRE | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| DAVE PISACRITA | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| PETER MAGLICIC | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 12 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| GARY HIGBEE | DIRECTOR OF INDUSTRY DEVEL Highest-paid employee | 20 | $238,159 | $0 | $100,269 |
| STEVEN N DAVI | EXECUTIVE DIRECTOR Officer | 20 | $103,394 | $126,301 | $57,380 |
| JACQUELYN RIVERA | OFFICE MANAGER/CFO Highest-paid employee | 20 | $131,677 | $0 | $74,720 |
| ROBERT SAMELA | TRUSTEE,CHAIRMAN Trustee or director | 0.1 | $0 | $0 | $0 |
| JAKE BIDOSKY | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| ROBERT WEISS | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| KRIS AMPLO | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| TERRY FLYNN | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| BARRY KING | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| BILL MATRE | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| DAVE PISACRITA | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| PETER MAGLICIC | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| GARY HIGBEE | DIRECTOR OF INDUSTRY DEVEL Highest-paid employee | 20 | $219,659 | $0 | $97,750 |
| STEVEN N DAVI | EXECUTIVE DIRECTOR Officer | 20 | $82,140 | $100,324 | $51,424 |
| JACQUELYN RIVERA | OFFICE MANAGER/CFO Highest-paid employee | 20 | $114,286 | $0 | $80,084 |
| ROBERT SAMELA | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| JAKE BIDOSKY | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| ROBERT WEISS | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| STEPHEN ISAACSON | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| TERRY FLYNN | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| GORD LEDER | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| BILL MATRE | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| DAVE PISACRITA | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| PETER MAGLICIE | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 270 MADISON AVE RM 401, NEW YORK, NY 10016-0609
- Principal officer (990 for 2024)
- STEVEN N DAVI, 270 MADISON AVENUE 401, NEW YORK, NY 10016
- Signed the 990
- STEVEN N DAVI, EXECUTIVE DIRECTOR
- Phone
- (212) 697-5553
- Return prepared by
- GRASSI & CO CPA'S PC
Mission
PROMOTE THE USE OF STEEL IN NY CONSTRUCTION
Program accomplishments
- PUBLICATION "METALS IN CONSTRUCTION" IS A PUBLICATION DISTRIBUTED TO ARCHITECTS, OWNERS & UNION MEMBERS SHOWING WHAT A SPECIFIC PRODUCT CAN DO.
- ADVERTISING PROGRAM-PROMOTES THE USE OF STEEL IN THE NEW YORK AREA OF CONSTRUCTION.
- JOURNEYMAN EXTENSION- PROGRAM TO TEACH JOURNEYMEN WELDING TECHNIQUES AND PREPARE THEM FOR NY STATE AND NY CITY CERTIFICATION. ONCE CERTIFIED THIS PROGRAM REIMBURSES THE INDIVIDUAL FOR ANY COST
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7112720
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1971
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $9,162,789
- Income (IRS master file)
- $5,315,128
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,353,387 | $1,197,064 | $9,162,789 | XML |
| 990 | June 2024 | $1,009,612 | $1,344,092 | $8,998,880 | XML |
| 990 | June 2023 | $889,961 | $1,357,009 | $9,333,359 | XML |
| 990 | June 2022 | $1,171,516 | $1,261,825 | $9,800,407 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 23-7112720).
Questions about THE STEEL INSTITUTE
- What is the EIN of THE STEEL INSTITUTE?
- The employer identification number (EIN) of THE STEEL INSTITUTE is 23-7112720.
- Is THE STEEL INSTITUTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1971.
- Are donations to THE STEEL INSTITUTE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does THE STEEL INSTITUTE 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 THE STEEL INSTITUTE due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE STEEL INSTITUTE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of THE STEEL INSTITUTE?
- The 990 for the year ended June 30, 2025 names STEVEN N DAVI.
- Who are the officers and directors of THE STEEL INSTITUTE?
- The 990 for the year ended June 30, 2025 lists 12 people; 3 received compensation from the organization, the highest $232,052 (GARY HIGBEE, DIRECTOR OF INDUSTRY DEVEL).
- How much revenue does THE STEEL INSTITUTE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,353,387, expenses of $1,197,064 and total assets of $9,162,789 at year end.
Other nonprofits in NEW YORK
- NEW YORK UNIVERSITY EIN 13-5562308 · last filed 990 for 2025
- HEALTHFIRST PHSP INC EIN 13-3783732 · last filed 990 for 2024
- THE NEW YORK AND PRESBYTERIAN HOSPITAL EIN 13-3957095 · last filed 990 for 2024
- NYU LANGONE HOSPITALS EIN 13-3971298 · last filed 990 for 2025
- MEMORIAL SLOAN-KETTERING CANCER CENTER EIN 91-2154267 · last filed 990 for 2024
- TRUSTEES OF COLUMBIA UNIVERSITY EIN 13-5598093 · last filed 990 for 2025
- HEALTHFIRST HEALTH PLAN INC EIN 11-3029569 · last filed 990 for 2024
- GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC EIN 31-1774905 · last filed 990 for 2024