Public Charity

Steamfitters Industry Security Benefit Fund

Steamfitters Industry Security Benefit Fund is a Public Charity headquartered in Long Island City, NY. Financial data from the 2024 filing: $54.4M revenue, $46.2M expenses, $319.0M total assets.

EIN: 136149681 Long Island City, NY Labor Unions NTEE: J40 Latest filing: 2024
Total Revenue$54.4M
Total Expenses$46.2M
Total Assets$319.0M
Grant Records0
Filing Years2019–2024

Mission

The Fund was established to accumulate funds to pay or provide supplemental benefits to participants. The Fund is a multi- employer plan and is funded by employer contributions determined in accordance with the collective bargaining agreement.

Where $100 goes at Steamfitters Industry Security Benefit Fund

How Steamfitters Industry Security Benefit Fund divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$95 Programs the work itself
$5 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $95 for programs

$95
Benefits paid to or for participants
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Trustee Anthony Saporito
Trustee Brian Kearney Jr
Education Director Daniel Knights
Assistant Administrator James C White
Assistant Administrator James Ippolito
Education Instructor Jason Grecco

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $54.4M $46.2M $319.0M
2023 $47.5M $50.0M $306.3M
2022 $45.0M $55.2M $294.8M
2020 $46.7M $68.8M $308.2M
2019 $62.3M $48.2M $310.1M

Between 2019 and 2024, reported annual revenue declined from $62.3M to $54.4M (-13%), with total assets most recently reported at $319.0M.

Interactive year-over-year charts and full filing details available with membership.

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