named programs · 3 · from sources
What they call their work
Joint Education and Training Fund
Offers skills improvement training in HVAC, sheet metal, piping, and safety for union members, including access to advanced courses at the IUOE International Training & Education Center (ITEC).
Pension Fund
Defined benefit pension plan established in 1964 providing retirement benefits to union members, financed by employer contributions under collective bargaining agreements.
Welfare Fund - Health & Medical Benefits
Provides health and medical benefits to eligible union members and dependents under a tax-qualified, grandfathered plan compliant with the Affordable Care Act.
activities · 7 groups
What they do
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Union and Association Benefit Funds 3 activities
- Administers pension and retirement benefits for union membersOperates a tax-qualified, employer-funded pension trust established on January 1, 1964, to provide retirement benefits to union members. The fund administers pension plans, determines eligibility, calculates payments, interprets plan rules, resolves disputes, and processes claims, with ongoing improvements to comply with legal requirements and enhance benefits.
- Manages defined contribution annuity plan for union membersEstablished and administers a multi-employer defined contribution annuity plan for union members, effective January 1, 2008, with self-directed investment options available through John Hancock as of January 1, 2022.
- Provides health and welfare benefits to union members and dependentsProvides health and medical benefits to eligible union members and their dependents through a trust fund financed by employer contributions under collective bargaining agreements. The fund administers eligibility, benefits, and claims in accordance with plan rules.
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Labor Union Representation & Organizing 2 activities
- Advocates for worker representation and improved working conditionsConducts organizing campaigns to secure worker representation in management discussions and improve or protect working conditions for union members.
- Represents and organizes engineering and maintenance workers in the unionRepresents stationary engineers and service maintenance workers in air conditioning, refrigeration, and installation industries in the Greater New York area and Connecticut. Conducts workplace organizing campaigns to recruit engineers, mechanics, and maintenance workers into the union.
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Union Member Training & Leadership Development 1 activity
- Delivers education and training programs for union membersProvides education and training programs in HVAC, sheet metal, piping, and sexual harassment prevention, along with skills improvement initiatives focused on new technologies and industry best practices. Offers free training events, including scheduled sessions at locations such as Resorts World Casino in Queens, NY.
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Regular Membership Meetings 1 activity
- Hosts general membership meetingsHosts regular general membership meetings that begin at 6 pm to engage union members in organizational activities and updates.
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Union and Member Organization Facility Operations 1 activity
- Maintains union and benefit fund offices in Maspeth, QueensOwns and operates a union office building in Maspeth, Queens, completed in 1993, which houses the union and its affiliated benefit funds.
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Union Member Communications 1 activity
- Operates communication and education platform for union communityOperates a digital platform to support, educate, and share informative content with the union labor community, including inspirational stories, photos, videos, and event announcements.
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Retirement Benefits Education & Support 1 activity
- Supports members' financial management through online resourcesProvides online access to tools, calculators, videos, and educational resources to support union members in managing their financial benefits and planning.
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financials · form 990 · fy2025
revenue
Total revenue$10.36M
Contributions & grants$00%
Program service revenue$8.90M86%
Investment income$513K5%
Other revenue$953K
expenses
Total expenses$9.74M
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$617K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$15.79M
Cash$1.72M
Investments$12.02M
Liabilities$879K
Net assets$14.91M
Liquid reserves16.9 mo
3 years on record · 2023–2025 · YoY revenue -8.1%
leadership · form 990 part vii · fy2025
Who runs it
paid leadership · 6
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| ANGELO CORDISCO | FUND ADMINISTRATOR | 17 | $463K |
| JOHN CATALANO | TRUSTEE | 1 | $462K |
| STEPHEN MOGILA | IN-HOUSE COUNSEL | 25 | $338K |
| MICHAEL PISSANTI | EMPLOYEE | 18 | $266K |
| KIMBERLY BLAIR | DIRECTOR OF WELFARE & PENS | 20 | $221K |
| NINA DECIOCCIO | EMPLOYEE | 15 | $182K |
board members · 3
- ISRAEL MEDAK — TRUSTEE
- MARIN PAPIC — TRUSTEE
- STEPHEN SCURTI — TRUSTEE
relationships · 12
Who they work with
- Comerford & Dougherty, LLP Partner — Provides legal services to IUOE Local 295 and its affiliated benefit funds
- INTERNATIONAL UNION OF OPERATING ENGINEERS Network — Local 295 is a local chapter of the International Union of Operating Engineers.
- IUOE International Training & Education Center (ITEC) Partner — Partners with ITEC to provide members with access to advanced, no-cost training programs at a state-of-the-art facility in Texas.
- Internal Revenue Service Government — Determined the Welfare Fund's tax-qualified and tax-exempt status.
- International Union of Operating Engineers Government — Granted Local 295 its original charter in 1958.
- International Union of Operating Engineers, Local 295-295C Network — Union party to the collective bargaining agreements establishing the pension fund.
- John Hancock Partner — Administrative partner providing online account access and customer support for the 401(k) fund.
- John Hancock Partner — Records keeper for the Annuity Fund and provider of self-directed investment services for participant accounts
- Local 295 Network — Administers benefit funds for members of Local 295 under collective bargaining agreements.
- Morgan Stanley Partner — Employer of Matthew Chasin and the Chasin Group, which advises IUOE Local 295 benefit funds
- UBS Financial Services Partner — Former employer of Matthew Chasin, where he advised Taft-Harley client assets prior to joining Morgan Stanley
- Union Labor Advisory Network Partner — Collaborative network operated in partnership with IUOE Local 295 to support and promote union labor content.
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.
- Joint Trust Governance with Discretionary Authoritymethodology: joint_trust_governanceBy administering benefits through a jointly governed trust with equal union and employer representation, the fund ensures balanced stakeholder input while retaining trustee discretion to interpret plan terms and determine eligibility and benefits, because this structure upholds fiduciary responsibility and adaptive governance in response to changing needs.
- Union-Sponsored Benefits and Training Modelmethodology: union-sponsored benefits modelBy integrating comprehensive healthcare, retirement, and training programs within a union-supported framework, the organization promotes long-term member and family well-being, because union affiliation enables collective leverage to secure stable, high-quality benefits and career advancement opportunities.
- Worker Voice Through Collective Organizingmethodology: worker-organizingBy engaging in collective organizing campaigns to secure worker representation in management discussions, the union improves and protects working conditions, because direct worker participation in decision-making leads to more equitable and responsive labor practices.