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METAL LATHERS TRUST FUND 46

WOODSIDE, NY · EIN 131598182 · Form 990 · FY2024 · Large ($10M-$50M) · ml46.org
revenue
$29.4M
expenses
$29.0M
net assets
$20.3M
employees
5
mission · from form 990

THE PLAN PROVIDES HEALTH BENEFITS TO ELIGIBLE PARTICIPANTS. BENEFITS INCLUDE HOSPITALIZATION, DENTAL, LIFE INSURANCE AND DISABILITY INSURANCE.

profile · synthesized from sources

Ironworkers Local 46 Metallic Lathers is a labor union representing reinforcing ironworkers and lathers in New York City and surrounding counties. The union provides apprenticeship and training programs, negotiates collective bargaining agreements, and advocates for improved wages, working conditions, and benefits for its members. It specializes in structural steel, rebar, and suspended ceiling installation in commercial, industrial, and residential construction.

named programs · 3 · from sources

What they call their work

Apprenticeship Program
Training program to prepare new workers for careers as reinforcing ironworkers and lathers, ensuring a skilled workforce pipeline.
D.O.B. Courses
Specialized safety and certification courses including rigging, scaffolding, and fall prevention for members in compliance with New York City regulations.
Journeyman Upgrading Program
Continuing education and skills advancement for experienced members to maintain high standards and adapt to new techniques.
activities · 6 groups

What they do

  • Union and Association Benefit Funds 2 activities
    • Administration of pension, vacation, and scholarship benefits
      Manages and provides access to Pension, Vacation, Scholarship, and Educational Fund benefits for Ironworkers Local 46L members and their families.
    • Provision of health and welfare benefits
      Provides health benefits including hospitalization, dental, life insurance, and disability insurance to eligible participants through the Health and Welfare Fund.
  • Labor Union Representation & Organizing 1 activity
    • Advocacy for labor rights and collective bargaining
      Engages in collective bargaining with contractor associations and advocates for improved wages, working conditions, and employment opportunities for members and their families. The organization has a historical record of resisting lockouts and supporting broader labor movement efforts to organize workers and secure labor rights.
  • Construction Industry Advocacy & Standards 1 activity
    • Delivery of skilled construction services
      Performs reinforcing ironwork and metal lathing services, including assembling and installing rebar and metal framing systems for infrastructure and buildings. Projects include construction of highways, bridges, tunnels, and commercial and residential structures, such as bridge replacements and ramp widenings in the South Bronx.
  • Community Service Office Operations 1 activity
    • Operation of a member learning and service center
      Operates a learning center at 61-02 32nd Avenue in Woodside, NY, providing services during office hours from 7:00am to 3:30pm, Monday through Friday.
  • Union-Affiliated Trade Apprenticeship & Training 1 activity
    • Operation of apprenticeship and skills training programs
      Runs an apprenticeship program and provides Journeyman Upgrade Training to train and advance skilled trade workers in ironwork and lathing. Also offers DOB-required safety and technical courses such as rigging, scaffolding, and site safety, scheduled based on member interest.
  • Organized Member Social Events 1 activity
    • Organization of member and family engagement events
      Organizes events such as the Local 46 Family Day at Yankee Stadium to support community and family engagement among members.
financials · form 990 · fy2024
revenue
Total revenue$29.43M
Contributions & grants$00%
Program service revenue$25.06M85%
Investment income$3.98M14%
Other revenue$388K
expenses
Total expenses$29.01M
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$298K
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$22.65M
Cash$5.11M
Investments$14.22M
Liabilities$2.38M
Net assets$20.27M
Liquid reserves8.0 mo
5 years on record · 2020–2024 · YoY revenue +1.4%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 4
NameTitleHours/wkCompensation
GEORGE FERNANDEZ TRUSTEE 1 $329K
JOHN CLAUSMAN TRUSTEE 1 $329K
JOHN COFFEY TRUSTEE 1 $329K
MICHAEL ANDERSON TRUSTEE 1 $329K
board members · 3
  • JOSEPH MITRIONE — TRUSTEE
  • KEVIN O'BRIEN — TRUSTEE
  • MICHAEL SALGO — TRUSTEE
relationships · 11

Who they work with

  • Association of Wall, Ceiling, and Carpentry Partner — Collective bargaining partner
  • Building Construction Association Partner — Collective bargaining partner
  • Cement League Partner — Collective bargaining partner
  • ClickSafety Partner — Collaborates on SST update communications related to DOB requirements.
  • General Contractors Association Partner — Collective bargaining partner
  • Iron Workers Local 46 Network — Primary affiliated union organization whose members are eligible for trust fund benefits
  • Iron Workers Local 46 Metallic Lathers Network — Operating entity for the METAL LATHERS TRUST FUND 46, providing organizational affiliation.
  • Long Island Contractors Association, Inc. Partner — Collective bargaining partner
  • New York Yankees Partner — Hosts Local 46 Family Day at Yankee Stadium in partnership with the organization.
  • Roebling Construction Co. Government — Engaged in labor disputes with Local 46, including a lockout in 1901–1902.
  • Wood, Wire and Metal Lathers International Union Network — Local 46 affiliated with the International Union and operated under its charter, with brief periods of disaffiliation.
strategies · 4

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.

  • Collective Bargaining as Worker Empowerment
    methodology: collective_bargaining
    By negotiating employment terms through collective bargaining with contractor associations, we create fairer working conditions and balance employer profit motives with worker power, because union-mediated agreements institutionalize equity and accountability in employment.
  • Organizing to Expand Union Representation
    methodology: organizing-through-industry-growth
    By directly organizing workers in emerging construction trades and advocating internally for union autonomy, we expand union membership and democratic worker control, because proactive outreach and institutional independence are necessary to represent workers effectively during industry growth.
  • Union Benefit Trust Model
    methodology: union-benefit-trust-model
    By linking health, retirement, and educational benefits to union employment through collective bargaining agreements, we secure long-term economic stability for workers and families, because tying benefits to union participation incentivizes workforce development and strengthens labor standards.
  • Workforce Development Through Union Training
    methodology: workforce-development-through-union-training
    By providing comprehensive apprenticeship and ongoing skills training within a union framework, we produce a highly skilled and safety-conscious workforce that meets employer needs and maintains industry standards, because structured, demand-driven training aligned with collective bargaining ensures both worker competency and job relevance.