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IUOE LOCAL 30 BENEFITS FUND

WHITESTONE, NY · EIN 132873303 · Form 990 · FY2025 · Very Large (>$50M) · iuoelocal30.org
revenue
$99.0M
expenses
$105.7M
net assets
$100.2M
employees
16
mission · from form 990

TO PROVIDE MEDICAL BENEFITS, SECOND OPINIONS, DENTAL,HYPERTENSION, ANNUAL PHYSICALS, OPTICAL BENEFITS, PRESCRIPTION DRUGS, ACCIDENTAL DEATH & DISMEMBERMENT, HOSPITAL & SURGICAL BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.

profile · synthesized from sources

IUOE Local 30 Benefits Fund is a trust providing medical, dental, optical, prescription drug, hospital, surgical, and life insurance benefits to operating engineers in Local 30 and their dependents. It operates in New York and Connecticut, supporting union members through health and welfare plans, pension and annuity benefits, and coverage continuity during life events such as retirement, divorce, or military service. The fund is part of a larger labor union infrastructure serving unionized engineers.

named programs · 4 · from sources

What they call their work

Accidental Death & Dismemberment (AD&D) Insurance
Provides financial protection to beneficiaries in the event of accidental death or dismemberment of a covered member.
COBRA Continuation Coverage
Allows members and dependents to continue health and welfare benefits after qualifying events such as job loss, divorce, or death, for up to 36 months at self-paid rates.
Health and Welfare Benefits
Provides medical, dental, optical, prescription drugs, hypertension management, annual physicals, and hospital/surgical coverage to eligible Local 30 members and their dependents.
Pension and Annuity Plans
Offers pension and annuity benefits to union members, including survivor benefits for spouses and dependents, with options for joint and survivor annuities.
activities · 6 groups

What they do

  • Union and Association Benefit Funds 2 activities
    • Administers retirement and deferred compensation benefits for members
      Offers annuity fund participation and deferred compensation programs that provide retirement income for retired members, including pension plan credit accumulation during military service (up to four years) and unpaid FMLA leave.
    • Provides health and welfare benefits to active and retired members and their dependents
      Provides medical, dental, optical, prescription drug, accidental death and dismemberment, hospital, surgical, hypertension, and annual physical benefits to eligible active and retired members employed by private sector employers and the City of New York, as well as their spouses (from date of marriage) and children (from birth or adoption). Coverage is also extended to dependents under COBRA continuation and special provisions for military and FMLA leave.
  • Labor Union Representation & Organizing 2 activities
    • Conducts organizing campaigns to raise labor standards
      Organizes engineers and facility maintenance workers through workplace campaigns to join the union, improving and protecting working conditions and raising labor standards across New York and Connecticut.
    • Negotiates collective bargaining agreements to secure member benefits and working conditions
      Negotiates contracts that secure living wages, family-sustaining benefits, dignified retirement, and safety-focused work rules for operating engineers.
  • Union-Affiliated Trade Apprenticeship & Training 2 activities
    • Delivers ongoing technical and regulatory training for operating engineers
      Provides continuous weekly or daily training courses including NYC Refrigeration Engineers licensing, EPA Refrigerant Handlers certification, NYC High Pressure Boiler Operating Engineers licensing, Refrigeration & Controls skill improvement, and required 7-hour BOMR classroom instruction for license renewal. Also integrates BOMR content into RSOE training courses to meet FDNY requirements.
    • Operates a certified apprenticeship and training program in stationary engineering
      Runs a New York State Department of Labor certified apprenticeship program requiring a three-year, six-semester educational curriculum, placing apprentices in full-time positions with benefits at major regional facilities including power plants, airports, and stadiums. Received 500 applications for the 2026 recruitment cycle.
  • Union-Linked Educational Scholarships 1 activity
    • Administers scholarship funds for members and their families
      Funds educational scholarships to support the academic attainment of union members and their dependents.
  • Credit Union Financial Services 1 activity
    • Provides financial services and loan programs to members
      Offers loans at competitive rates and provides free checking and ATM cards to operating engineers; deposits are federally insured up to $250,000.
  • Union Member Training & Leadership Development 1 activity
    • Provides union-funded access to external engineering education
      Offers members access to engineering courses at the International Union of Operating Engineers Training and Education Center in Crosby, Texas, with union-funded travel and accommodations.
financials · form 990 · fy2025
revenue
Total revenue$99.03M
Contributions & grants$00%
Program service revenue$88.43M89%
Investment income$10.56M11%
Other revenue$37K
expenses
Total expenses$105.67M
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$973K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$101.67M
Cash$11.06M
Investments$78.80M
Liabilities$1.47M
Net assets$100.20M
Liquid reserves10.2 mo
6 years on record · 2020–2025 · YoY revenue +1.7%
leadership · form 990 part vii · fy2025

Who runs it

paid leadership · 11
NameTitleHours/wkCompensation
WILLIAM LYNN UNION TRUSTEE - CHAIRMAN 1 $561K
ROBERT MOCCIO UNION TRUSTEE 1 $410K
KEVIN CRUSE UNION TRUSTEE 1 $377K
ROBERT WILSON UNION TRUSTEE 1 $377K
DANA SANDERS UNION TRUSTEE 1 $369K
DARREN TURTON FUND ADMINISTRATOR 10 $344K
BRIGID AHERN BENEFITS EMPLOYEE 12 $238K
DONNA OWENS BENEFITS FUND COORDINATOR 14 $233K
COLLEEN BRINDISI BENEFITS EMPLOYEE 1 $221K
ARTHUR J NITTOLO BENEFITS EMPLOYEE 1 $208K
ANTHONY CIARAMITARO BENEFITS EMPLOYEE 1 $196K
board members · 5
  • CHRISTOPHER DILEONE — EMPLOYER TRUSTEE
  • FRANK GIBBONS — EMPLOYER TRUSTEE
  • FRED SURACE — EMPLOYER TRUSTEE
  • HOWARD FOX — EMPLOYER TRUSTEE
  • JOHN CULKIN — EMPLOYER TRUSTEE
relationships · 13

Who they work with

  • AFL-CIO Coalition — Leaders from Local 30 hold positions in AFL-CIO affiliated bodies including the Long Island and Westchester-Putnam AFL-CIO and the Connecticut AFL-CIO Western Area Labor Federation.
  • City of New York Government — Provides certain health and welfare benefits to Local 30 members employed in the municipal sector.
  • FDNY Government — Regulatory body setting refrigeration license requirements that Local 30 complies with and delivers training for.
  • International Union of Operating Engineers Network — Local 30 is a local chapter within the International Union of Operating Engineers, with officers holding leadership roles at the international level.
  • International Union of Operating Engineers Training and Education Center Partner — Provides access to advanced engineering training courses for Local 30 members at a state-of-the-art facility in Texas.
  • Municipal Labor Council Coalition — Local 30 leadership participates in the Municipal Labor Council, representing union interests in municipal workforce matters.
  • Nassau-Suffolk Building Trades Coalition — Local 30 officers serve as delegates to the Nassau-Suffolk Building Trades, indicating formal affiliation and collaboration.
  • New York City Employee Retirement System Government — Administers pension benefits for municipal employees who are also members of Local 30.
  • New York City Employees’ Retirement System Government — Eligible Local 30 members may participate in the New York City Employees’ Retirement System.
  • New York State Department of Labor Government — Collaborates on apprenticeship recruitment and operates a certified apprenticeship program.
  • Northeastern Operating Engineers Federal Credit Union Partner — Provides financial services including loans and deposit accounts to IUOE Local 30 members.
  • Spearfish Partner — Website design and development partner for IUOE Local 30.
  • United Healthcare Government — Provider of dental benefits for Local 30 members
strategies · 3

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.

  • Apprenticeship Model to Develop Skilled Engineers
    methodology: apprenticeship_model
    By combining on-the-job training with classroom instruction in theoretical principles, the organization develops highly skilled engineers who meet industry demands, because integrated learning produces deeper competency and readiness for complex systems operation and maintenance.
  • Collective Bargaining as Foundation for Benefits and Protections
    methodology: collective_bargaining
    By leveraging collective bargaining agreements, the organization secures eligibility for benefits and negotiates employment standards that ensure economic security, safety, and long-term stability for members and their families, because union-negotiated terms create enforceable, standardized protections that individual contracts cannot.
  • Trust Fund Model for Health and Welfare Benefits
    methodology: trust_fund_model
    By structuring benefits through a trust fund model, the organization ensures stable, long-term financing and delivery of health and welfare benefits—particularly for municipal employees—with shared responsibility between union and employer, because this structure insulates benefits from unilateral changes and promotes interdependence between stakeholders.