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SUB-CONTRACTORS TRADE ASSOCIATION INC

New York, NY · EIN 132597670 · Form 990 · FY2024 · Medium ($1M-$10M) · stanyc.com
revenue
$1.2M
expenses
$819K
net assets
$910K
employees
2
volunteers
22
program ratio
57%
mission · from form 990

TO PROVIDE SUBCONTRACTORS AND SUPPLIERS IN THE METRPOLITAN AREA WITH A SUMMARY OF CURRENT ACTIVITIES, GENERAL INFO AND EDUCATION ON NEW DEVELOPMENTS.

profile · synthesized from sources

Trade association serving subcontractors and suppliers in the New York metropolitan area. Provides members with industry news, educational seminars, networking events, and advocacy on regulatory and legislative issues. Focuses on professional development, business opportunities, and policy engagement to support the construction industry.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $85K
    SUMMARIZE RECENT ACTIVITIES OF THE ORGANIZATION AND CREATE MEMBERSUB-CONTRACTORS' TRADE ASSOCIATION, INC. 13-2597670 DEVELOPMENTS.NEWSLETTER - THE NEWSLETTER IS PREPARED AND DISTRIBUTED TO MEMBERS TORAISE AWARENESS OF ARISING ISSUES.
  2. #2 $55K
    LOBBYIST BRINGS LOCAL PROBLEMS BEFORE A LARGER CONSTITUENCY WHICH ALERTSOTHER ORGANIZATIONS AND TEACHES SUCCESSFUL REMEDIAL PROCEDURES.
named programs · 6 · from sources

What they call their work

Annual Construction Awards Gala
Event honoring top leaders, innovators, and visionaries in New York's construction industry
Annual Golf Outing
Networking and fundraising event bringing together industry professionals for a day of golf and camaraderie
Business Speed Meetings
Structured networking events connecting subcontractors with procurement officials from general contracting firms
Design Professional and Subcontractor Roundtable
Collaborative forum hosted with institutions like Columbia University to improve coordination between subcontractors and design professionals
General Membership Meetings
Regular meetings featuring guest speakers, industry updates, and interactive sessions on topics such as risk management, business planning, and contract clauses
Legislative Roundtable
Policy discussions with New York State legislators on regulations affecting the construction industry
activities · 7 groups

What they do

  • Professional Association Capacity Building 2 activities
    • Co-hosting collaborative roundtables and presentations
      Co-hosts virtual roundtables and presentations with institutions like Columbia University and NYCHA to improve collaboration between subcontractors and design professionals and to inform members about capital programs and bidding procedures.
    • Supporting young professionals in the construction industry
      Offers tailored programming, networking opportunities, and education and training programs for young professionals to support workforce development and engagement in the subcontracting industry.
  • Construction Industry Professional Development & Networking 2 activities
    • Organizing membership and industry events
      Hosts general membership meetings with guest speakers, annual events such as the Construction Awards Gala, Golf Outing, and educational seminars to engage members and discuss industry developments.
    • Supporting technology adoption in construction
      Runs a Technology Committee that helps members leverage technology to improve operational efficiency and competitiveness, including through events like the Tech Expo.
  • Worker Rights Advocacy & Wage Protection 1 activity
    • Advocacy for legislative changes benefiting subcontractors
      Advocated for legislative changes that resulted in over 40 pieces of legislation benefiting subcontractors in New York State, including the passage of a new state law providing protections and benefits for subcontractors.
  • Professional Networking Events 1 activity
    • Facilitating networking and trade relationships among members
      Provides membership services that support networking among subcontractors and suppliers to form mutually beneficial trade relationships, including through virtual speed meetings and one-on-one engagement opportunities with general contractors and owners.
  • Industry Advocacy and Regulatory Engagement 1 activity
    • Lobbying and sharing industry solutions
      Engages in lobbying to elevate local industry problems to broader policy discussions and shares successful remedial procedures with other organizations to improve industry-wide practices.
  • Union Member Training & Leadership Development 1 activity
    • Providing education, training, and regulatory communications
      Provides union subcontractors with education and training programs, industry newsletters, and regulatory alerts to support business growth, compliance, and operational awareness.
  • Uncategorized 1 activity
    • Operating a Change Order Working Group
      Operates a Change Order Working Group that identifies challenges in public agency change order processes and recommends solutions to improve efficiency, transparency, and consistency.
financials · form 990 · fy2024
revenue
Total revenue$1.16M
Contributions & grants$54K5%
Program service revenue$392K34%
Investment income$40K4%
Other revenue$670K
expenses
Total expenses$819K
Program expenses57%
Admin / overhead43%
Fundraising0%
Salaries & benefits$439K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$1.32M
Cash$1.23M
Investments$0
Liabilities$408K
Net assets$910K
Liquid reserves18.0 mo
6 years on record · 2019–2024 · YoY revenue +20.2%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
Felice Farber Executive Dir. 40 $260K
Samantha Sweeney-Annarumma Vice President 40 $130K
board members · 9
  • ANGELO BALDASSARRE — Vice President
  • Chris Weickert — Director
  • Jesse Vazquez — Director
  • Joe Azarra — Director
  • Kris Amplo — Director
  • Parag Kapedia — Director
  • Randy Rifelli — Director
  • Robert Grande Jr — Director
  • Tommy Cafiero — Director
relationships · 20

Who they work with

  • Allied Building Metal Industries, Inc. (ABMI) Partner — Collaborates with ABMI, as evidenced by sharing of regulatory information such as the OSHA Silica rule.
  • American Global Partner — Member firm represented on the Executive Advisory Committee
  • Cassone Leasing Partner — Member company represented on the Executive Advisory Committee
  • Chelsea Industrial Partner — Host venue for STA Tech Expo 2026.
  • CohnReznick Partner — Member firm represented on the Executive Advisory Committee
  • Columbia University Partner — Co-hosted a virtual roundtable discussion on Design Build practices and subcontractor-design professional collaboration.
  • General Contractors Partner — Partners with general contractors through committee engagement and collaborative problem-solving initiatives.
  • Grassi Advisors & Accountants Partner — Member firm represented on the Executive Advisory Committee
  • Lobbyist Partner — Engages a lobbyist to represent local industry concerns to broader constituencies and share remedial strategies.
  • Milwaukee Tool Partner — Member company represented on the Executive Advisory Committee
  • New York City Housing Authority (NYCHA) Partner — Co-hosted a presentation on NYCHA’s 2022 capital construction program and procurement processes.
  • North Hills Country Club Partner — Host venue for STA's Annual Golf Outing.
  • Public Agencies Partner — Collaborates with public agencies to address industry challenges such as change orders, project closeout, and prompt payment.
  • Riverso Associates Partner — Member firm represented on the Executive Advisory Committee
  • Romar Sheet Metal, Inc. Partner — Member company represented on the Executive Advisory Committee
  • STA Young Professionals Group Network — Subgroup within STA engaging early-career professionals in the construction industry.
  • USI Construction Practice Group Partner — Member firm represented on the Executive Advisory Committee
  • Welby, Brady & Greenblatt, LLP Partner — Member firm represented on the Executive Advisory Committee
  • Window & Plate Glass Dealers Association of New York Partner — Member organization represented on the Executive Advisory Committee
  • Women Builders Council (WBC) Partner — Jointly hosted the 2020 Golf Outing to support industry networking and charitable goals.
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.

  • Collaborative Industry Engagement to Improve Project Delivery
    methodology: collaborative_industry_roundtable
    By creating structured forums for subcontractors, designers, and owners to co-develop solutions, the organization improves project coordination and industry practices, because inclusive dialogue aligns stakeholder vision and reduces systemic friction in construction delivery.
  • Member-Driven Advocacy and Collective Problem-Solving
    methodology: member_driven_advocacy
    By engaging members in committees and grassroots advocacy, the organization strengthens its influence on regulatory and legislative outcomes, because sustained member participation generates credible, unified input that policymakers are more likely to act on.