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THE STEEL INSTITUTE OF NEW YORK
NEW YORK, NY · EIN 237112720 · Form 990 · FY2024 · Medium ($1M-$10M)
revenue
$1.4M
expenses
$1.2M
net assets
$9.2M
employees
2
mission · from form 990

PROMOTE THE USE OF STEEL IN NY CONSTRUCTION

profile · synthesized from sources

The Steel Institute of New York promotes the use of steel in construction through advertising and workforce development initiatives. It runs a journeyman extension program that trains welders in steel techniques and prepares them for state and city certification, with reimbursement for certification costs. The organization operates primarily in the New York area.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $0
    ADVERTISING PROGRAM-PROMOTES THE USE OF STEEL IN THE NEW YORK AREA OF CONSTRUCTION.
  2. #2 $0
    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
named programs · 2 · from sources

What they call their work

Advertising Program
Promotes the use of steel in construction projects in the New York area through targeted outreach and industry engagement.
Journeyman Extension Program
Trains journeyman welders in steel techniques and prepares them for New York State and New York City certification, with cost reimbursement upon certification.
activities · 2 groups

What they do

  • Union-Affiliated Trade Apprenticeship & Training 1 activity
    • Provides welding training and certification cost reimbursement
      Offers training in welding techniques to journeymen and prepares them for certification in New York State and New York City; reimburses individuals for certification costs upon completion.
  • Construction Industry Advocacy & Standards 1 activity
    • Runs advertising to promote steel use in construction
      Conducts an advertising program aimed at increasing the adoption of steel in construction projects within the New York area.
financials · form 990 · fy2024
revenue
Total revenue$1.35M
Contributions & grants$00%
Program service revenue$704K52%
Investment income$649K48%
Other revenue$0
expenses
Total expenses$1.20M
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$430K
Grants paid out$143K
Largest expense lineCompensation
balance sheet
Total assets$9.16M
Cash$315K
Investments$8.79M
Liabilities$8K
Net assets$9.16M
Liquid reserves91.3 mo
6 years on record · 2019–2024 · YoY revenue +34.1%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 3
NameTitleHours/wkCompensation
GARY HIGBEE DIRECTOR OF INDUSTRY DEVEL 20 $336K
STEVEN N DAVI EXECUTIVE DIRECTOR 20 $322K
JACQUELYN RIVERA OFFICE MANAGER/CFO 20 $207K
board members · 9
  • BARRY KING — TRUSTEE
  • BILL MATRE — TRUSTEE
  • DAVE PISACRITA — TRUSTEE
  • JAKE BIDOSKY — TRUSTEE
  • KRIS AMPLO — TRUSTEE
  • PETER MAGLICIC — TRUSTEE
  • ROBERT SAMELA — TRUSTEE,CHAIRMAN
  • ROBERT WEISS — TRUSTEE
  • TERRY FLYNN — TRUSTEE
strategies · 2

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Market Promotion Through Advertising
    methodology: market-promotion-through-advertising
    By promoting the use of steel in construction projects through targeted advertising, we increase adoption and market share of steel as a preferred building material, because awareness and perception influence material selection in the construction industry.
  • Workforce Development Through Training and Incentives
    methodology: workforce-development-through-training-and-incentive
    By combining technical training with financial incentives for welder certification, we increase the supply of qualified labor in steel-related trades, because financial reimbursement reduces barriers to entry and improves completion rates.