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New York · Nonprofit

IRON WORKERS LOCALS 40 & 361 APPRENTICESHIP & TRAINING FUND

IRON WORKERS LOCALS 40 & 361 APPRENTICESHIP & TRAINING FUND (New York) receives grants from 2 organizations whose IRS filings report $1,859,000 to it, the largest being THE STEEL INSTITUTE OF NEW YORK ($1,209,000). 2 of them have funded it in more than one year.

Revenue FY2024
$1.9M
Funders on record
2
Grants received
$1.9M
Net assets
$1.2M
2/2 repeat funderspeak grant-dependency 18%
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($2.4M) Expenses 100 ($1.9M) Net assets 100 ($14M)2018 Revenue 95 ($2.3M) Expenses 95 ($1.8M) Net assets 101 ($14M)2019 Revenue 91 ($2.1M) Expenses 119 ($2.3M) Net assets 106 ($15M)2020 Revenue 82 ($2.0M) Expenses 103 ($2.0M) Net assets 109 ($15M)2021 Revenue 82 ($1.9M) Expenses 94 ($1.8M) Net assets 110 ($15M)2022 Revenue 78 ($1.8M) Expenses 99 ($1.9M) Net assets 114 ($16M)2023 Revenue 84 ($2.0M) Expenses 143 ($2.7M) Net assets 17 ($2.4M)2024 Revenue 81 ($1.9M) Expenses 151 ($2.9M) Net assets 9 ($1.2M)
'17'18'19'20'21'22'23'24
Revenue (81)Expenses (151)Net assets (9)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2023 2% · 2024 3%. Grants only. Government contracts and fees sit inside program revenue.

17% of IRON WORKERS LOCALS 40 & 361 APPRENTICESHIP & TRAINING FUND’s revenue is contributions — more donation-reliant than the typical peer (15% for the typical peer).

This organization
Typical peer · 1,613 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.

$469k
’17
$461k
’18
−$116k
’19
−$9k
’20
$154k
’21
−$35k
’22
−$721k
’23
−$945k
’24
4.0
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $194k → $143k.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
'25*
total
funders
2
2
2
2
2
1
1
1
1

From the IRS filings of IRON WORKERS LOCALS 40 & 361 APPRENTICESHIP & TRAINING FUND’s funders (the co-funder graph). Association, not causation.

How concentrated its funding is

IRON WORKERS LOCALS 40 & 361 APPRENTICESHIP & TRAINING FUND leans on a few funders — its largest provides 65% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

65%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2017 50% · 2018 50% · 2019 62% · 2020 83% · 2021 63% · 2022 100% · 2023 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration.

Where its funders are

100% of IRON WORKERS LOCALS 40 & 361 APPRENTICESHIP & TRAINING FUND's grant income comes from New York funders.

NY

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing.

03Its place in the field

Against its field

IRON WORKERS LOCALS 40 & 361 APPRENTICESHIP & TRAINING FUND's revenue fell 19% between 2017 and 2024.

Operating margin−49% · bottom quartile
Months of reserve4.0mo · below the median
Revenue growth (annualized)−3% · bottom quartile

this organization peer median middle 50% of peers· 1,550 employment nonprofits $1M–$10M, FY2024

Organizations like IRON WORKERS LOCALS 40 & 361 APPRENTICESHIP & TRAINING FUND

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

80% of spending goes to programs.

Program 80%Management 20%Fundraising 0%

Governance

13
board members
92%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 5 related entities

  • Iron Workers Locals 40 361 & 417 Health Fund · exempt
  • Iron Workers Locals 40 361 & 417 Pension Fund · exempt
  • Iron Workers Locals 40 361 & 417 Annuity Fund · exempt
  • The Topping Out Fund of the Iron Workers Locals 40361 & 417 · exempt
  • Iron Atf Realty Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for IRON WORKERS LOCALS 40 & 361 APPRENTICESHIP & TRAINING FUND: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds IRON WORKERS LOCALS 40 & 361 APPRENTICESHIP & TRAINING FUND?
IRON WORKERS LOCALS 40 & 361 APPRENTICESHIP & TRAINING FUND (New York) receives grants from 2 organizations whose IRS filings report $1,859,000 to it, the largest being THE STEEL INSTITUTE OF NEW YORK ($1,209,000). 2 of them have funded it in more than one year.
How many funders does IRON WORKERS LOCALS 40 & 361 APPRENTICESHIP & TRAINING FUND have?
IRS filings report 2 organizations giving $1,859,000 in grants to IRON WORKERS LOCALS 40 & 361 APPRENTICESHIP & TRAINING FUND, 2 of which have funded it in more than one year.
Who is the largest funder of IRON WORKERS LOCALS 40 & 361 APPRENTICESHIP & TRAINING FUND?
THE STEEL INSTITUTE OF NEW YORK is the largest funder on record, with $1,209,000 in grants. The full list of funders is on this page.
How can an organization like IRON WORKERS LOCALS 40 & 361 APPRENTICESHIP & TRAINING FUND find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Iron Workers Locals 40 & 361 Apprenticeship & Training →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. What this page cannot tell you · view filing