Steamfitters Industry Security Benefit Fund
Revenue
$54.4m
year to 31 December 2024
Expenses
$46.2m
year to 31 December 2024
Total assets
$319m
$3.7m liabilities
Net assets
$315.3m
assets less liabilities
Directors and trustees
8
5.0y av
Staff
0
employees, year to 31 December 2024
Left since last filing
3
38% of the board
Officers and senior staff
16
named in Part VII
Steamfitters Industry Security Benefit Fund's network
8 people7 organisationsi8 people and 7 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (8). Violet dotted lines (12) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
8 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 6 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Anthony Saporito | Trustee | 2018 | 8 yrs |
| Brian Kearney Jr | Trustee | 2023 | 3 yrs |
| Joseph Furelli | Trustee | 2024 | 2 yrs |
| Marcel Ramalho | Trustee | 2024 | 2 yrs |
| Mike Koebel | Trustee | 2023 | 3 yrs |
| Ralph Montuoro Jr | Trustee | 2018 | 8 yrs |
| Robert Bartels Jr | Trustee | 2023 | 3 yrs |
| Shane McMorrow | Trustee | 2018 | 8 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
16 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Anthony Colangelo | Accounting Supervisor | 2020 |
| Daniel Knights | Education Instructor | since 2018 |
| James C White | Assistant Administrator | since 2022 |
| James Coffey | Education Instructor | since 2018 |
| James Ippolito | Pension Supervisor | since 2020 |
| Jason Grecco | Education Instructor | since 2022 |
| Kevin J Driscoll | Executive Administrator | since 2018 |
| Matthew Pizzo | Education Instructor | since 2023 |
| Nicholas Magna | Education Instructor | 2024 |
| Paul Hopkins | Education Instructor | since 2018 |
| Peter J Ruffner | Assistant Administrator | since 2018 |
| Sean Driscoll | IT Director | since 2018 |
| Stephen Powers | Education Instructor | since 2020 |
| Steven Cuadra | Education Instructor | since 2018 |
| Thomas Goodwin | Education Director | since 2018 |
| William J Turnbull | Executive Administrator | since 2018 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| William J Turnbull | Executive Administrator | 1 | $12k | $453k | $41k |
| James C White | Assistant Administrator | 2 | $11k | $216k | $41k |
| James Ippolito | Assistant Administrator | 1 | $9k | $225k | $41k |
| Daniel Knights | Education Director | $0 | $230k | $66k | |
| Jason Grecco | Education Instructor | $0 | $189k | $85k | |
| Nicholas Magna | Education Instructor | $0 | $187k | $84k | |
| Stephen Powers | Education Instructor | $0 | $183k | $82k | |
| Matthew Pizzo | Education Instructor | $0 | $179k | $81k | |
| Ralph Montuoro Jr | Trustee | 2 | $0 | ||
| Joseph Furelli | Trustee | 2 | $0 | ||
| Marcel Ramalho | Trustee | 2 | $0 | ||
| Anthony Saporito | Trustee | 2 | $0 | ||
| Brian Kearney Jr | Trustee | 2 | $0 | ||
| Shane McMorrow | Trustee | 2 | $0 | ||
| Robert Bartels Jr | Trustee | 2 | $0 | ||
| Mike Koebel | Trustee | 2 | $0 |
About
- Legal name
- Steamfitters Industry Security Benefit Fund
- EIN
- 136149681
- Address
- 27-08 40th Ave 2nd FL, Long Island City, NY, 11101-3725
- State
- New York
- 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. (as filed on the Form 990)
- Activity (NTEE)
- J40 Employment
- IRS classification
- 501(c)05 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Employment
- Size band
- 9 (IRS master file code)
- Formed
- 1961
- IRS ruling date
- 1 December 2006
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2024
Most connected
Related organisations (Schedule R)
RelatedERISA PlanSteamfitters' Industry Welfare FundRelatedERISA PlanSteamfitters Industry Vacation PlanRelatedERISA PlanSteamfitters' Industry Educational FundRelatedERISA PlanThe Metal Trades Branch Local 638 Welfare Fund
Longest observed on the filings
≥8years on the filingsAnthony Saporito
≥8years on the filingsRalph Montuoro Jr
≥8years on the filingsShane McMorrow
≥3years on the filingsBrian Kearney Jr
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $319m
- Total liabilities
- $3.7m
- Net assets or fund balances
- $315.3m
- Contributions and grants received
- $0
- Program service revenue
- $40.1m
- Employees
- 0
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $54.4m | $46.2m | $8.2m |
As filed on the IRS Form 990. US dollars.