2026-05-11T07:58:58-05:00 2025-06-30 WITHUMSMITHBROWNPC 1800 TYSONS BOULEVARD SUITE 800 TYSONS MD 22102 990 2024-07-01 237424757 THOMAS SHORTMAN TRAINING SCHOLARSHIP AND SAFETY FUND % DOMINIC BOCHIECHIO THOM 2125392778 25 WEST 18TH STREET NEW YORK NY 100114676 ELAINE J POMMELLS DIR OF FINANCE/ADMIN 2125392778 2026-05-07 true true THOMAS PARISI P00013287 3012726000 2024 2025-03-06 01:10:19Z EMMANUEL PASTREICH 25 WEST 18TH STREET NEW YORK NY 10011 24308920 false X WWW.32BJFUNDS.ORG X 1974 NY THE FUND PROVIDES TRAINING, SCHOLARSHIPS AND SAFETY PROGRAMS TO ELIGIBLE PARTICIPANTS EMPLOYED IN THE BUILDING SERVICE INDUSTRY UNDER COLLECTIVE BARGAINING AGREEMENTS. 8 0 288 0 0 0 203196 74783 21783965 22548787 827481 884742 22545 30000 22837187 23538312 566611 586926 0 0 11248628 12174311 0 0 0 10385457 11956371 22200696 24717608 636491 -1179296 24270876 23629028 1704713 1593369 22566163 22035659 X SEE SCHEDULE O false false 21729374 TRAINING AND EDUCATION PROGRAMS FOR APPROXIMATELY 124,811 MEMBERS. 586926 586926 SCHOLARSHIPS PROGRAM WITH APPROXIMATELY 70 INDIVIDUALS AWARDED UNDER THE PROGRAM. 22316300 true true false false false false false false false false true false false false true true true false true false false false false false false false false false true true false false false false false false false false false false false false false true false true false true 49 0 true 288 true false false false false false false false false false false false false X 8 0 true false false false false true false true true false false true true true true true true true true false MA NY X DOMINIC BOCHIECHIO 2123883296 25 WEST 18TH STREET NEW YORK NY 10011 X HOWARD I ROTHSCHILD EMPLOYER TRUSTEE 1.0 39.0 X 0 1571590 23892 ROBERT SCHWARTZ DEPUTY EMPLOYER TRUSTEE 1.0 39.0 X 0 549724 23892 PETER GOLDBERGER EXECUTIVE DIRECTOR 1.0 34.0 X 0 344072 41186 HARRY WEINBERG DEPUTY EMPLOYER TRUSTEE 1.0 39.0 X 0 358000 23892 FARNAZ TAMARI DIRECTOR, DENTAL CENTER 0.0 35.0 X 0 306511 40707 STEVE JENKINS DIRECTOR OF OPERATIONS 1.0 34.0 X 0 300846 39457 ELAINE POMMELLS DIRECTOR OF FINANCE/ADMIN 1.0 34.0 X 0 289536 40086 RANDI FARBER DIRECTOR, TECH & OPERATIONS 0.0 35.0 X 0 285384 38838 ANTONIO RODRIGUEZ DIRECTOR OF INVESTMENTS 0.0 35.0 X 0 285193 38831 THOMAS ORMSBY DIR. OF BILLING & EMPLOY. SVCS 0.0 35.0 X 0 274808 38415 CORA OPSAHL HEALTH FUND, DIRECTOR 0.0 35.0 X 0 267897 38139 LINDA NELSON DIRECTOR OF TRAINING FUND 35.0 0.0 X 259763 0 37814 EMANUEL PASTREICH UNION TRUSTEE - CHAIRMAN 1.0 39.0 X X 0 228020 66757 JOHN SANTOS UNION TRUSTEE - SECY/TREAS. 1.0 39.0 X X 0 220122 69838 ELIZABETH BAKER DEPUTY UNION TRUSTEE 1.0 39.0 X 0 187541 58331 SHIRLEY ALDEBOL DPTY UNION TTEE-THRU 1/31/25 1.0 39.0 X 0 181836 62700 DENIS JOHNSTON UNION TRUSTEE 1.0 39.0 X 0 179550 62700 CANDIS TALL DEPUTY UNION TRUSTEE 1.0 39.0 X 0 182364 55693 LENORE FRIEDLANDER DEPUTY UNION TRUSTEE 1.0 2.0 X 0 173801 63290 ANA MARIA HILL DPTY UNION TRUSTEE EFF 1/31/25 1.0 39.0 X 0 139651 47091 LARRY ENGELSTEIN UNION TRUSTEE 1.0 39.0 X 0 28533 0 JEFFREY BRODSKY EMPLOYER TRUSTEE 1.0 39.0 X 0 0 0 BROOKE JENKINS-LEWIS EMPLOYER TRUSTEE 1.0 39.0 X 0 0 0 ANDREW HOFFMAN EMPLOYER TRUSTEE EFF 2/12/25 1.0 2.0 X 0 0 0 FRED SURACE DEPUTY EMPLOYER TRUSTEE 1.0 39.0 X 0 0 0 259763 6354979 911549 9 false true false DG3 NORTH AMERICA INC 100 BURMA RD JERSEY CITY NJ 07305 PRINTING SERVICES 283942 GWP INC 32 PARK ST MONTCLAIR NJ 07042 DIGITAL MEDIA 264686 NICHOLAS PRIGO LLC 4931 GAINSPORT CIRCLE IRVINE CA 92604 CONSULTING 253385 HH GRAPHIC PRINTING COMMUNICATIONS 400 GOTHAN PARKWAY CARLSTADT NJ 07305 PRINTING SERVICES 232636 4 74783 74783 EMPLOYERS' CONTRIBUTIONS 900099 22548787 22548787 22548787 655351 655351 0 0 0 0 0 999999 770608 229391 229391 229391 0 0 0 0 0 0 0 0 0 OTHER INCOME 900099 29549 29549 LIQUIDATED DAMAGES - EMPLOYERS 900099 451 451 30000 23538312 22578787 884742 0 586926 586926 0 0 305586 305586 0 8749234 7915701 833533 680588 579578 101010 1633432 1391005 242427 805471 685926 119545 0 60217 60217 70695 70695 0 0 29650 29650 1079759 996115 83644 0 810047 482608 327439 485743 373828 111915 0 4501148 4493821 7327 0 0 232382 221997 10385 0 0 719583 413849 305734 87473 11460 76013 CLASSROOM INSTRUCTION 2756798 2756798 BOOKS 322159 322159 COMPLIANCE PUBLICATIONS 350504 331444 19060 CLASSROOM MATERIALS 213867 213867 236346 233632 2714 24717608 22316300 2401308 0 X 0 0 1240656 558701 182697 22500 2375891 2154696 0 0 0 0 0 0 0 0 262394 285206 12169636 8002442 4107939 4167194 16056920 16437260 0 0 0 0 0 0 44379 3471 24270876 23629028 1660334 1447905 0 0 0 0 0 0 0 0 0 0 0 0 0 0 44379 145464 1704713 1593369 X 0 0 0 0 22566163 22035659 22566163 22035659 24270876 23629028 -1179296 648792 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6556721 4051559 2505162 3165879 2054515 1111364 2447036 1896368 550668 4167194 0 LEASE LIABILITIES 3471 DUE TO AFFILIATES 141993 145464 X 24157454 648792 648792 23508662 29650 29650 23538312 24687958 24687958 29650 29650 24717608 PART X, LINE 2 - FIN 48 FOOTNOTE: Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken and recognize an income tax liability if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. Management has evaluated the tax positions taken by the Plan and concluded that as of June 30, 2025 and 2024, there are no uncertain positions taken or expected to be taken that would require recognition in the financial statements. The Plan is subject to routine audits by taxing jurisdictions; however, there are Currently no audits in progress for any tax periods. In addition, there has been no tax-related interest or penalties for the periods presented in these financial statements. true true true true true true true false false false false false false false false true false true PART I, LINE 3 - NON-DISCRIMINATION POLICY PUBLICATION: ALL ELIGIBLE PARTICIPANTS HAVE BEEN INFORMED OF ELIGIBILITY ON A NON-DISCRIMINATORY BASIS BY FUND PUBLICATIONS, MEETINGS AND NOTICES. PART I, LINE 6A - AID OR ASSISTANCE FROM GOVERNMENT AGENCY: The New York State Energy Research & Development Authority (NYSERDA)grant received is for the funding of building management system training development and classes and operations and maintenance/energy efficiency training to benefit 32BJ union members. The New York State Department of Labor - OSHA grant received is for Targeted Safety Training. This consists of training in OSHA topics specific to our industry classes (Electrical Safety, Proper Lifting, Safely Working on Ladders, Bloodborne Pathogens, etc.). true THOMAS SHORTMAN SCHOLARSHIPS 70 586926 PART I LINE 2 - MONITORING THE USE OF GRANT FUNDS: UPON THE AWARDING OF A SCHOLARSHIP, THE FUND DIRECTLY PAYS THE COLLEGE OR UNIVERSITY FOR EACH STUDENT UPON THE CONDITION THAT THE FUND VERIFIES FULL-TIME ENROLLMENT AND THE STUDENT IS IN GOOD ACADEMIC STANDING. false false false false false false false false false HOWARD I ROTHSCHILD EMPLOYER TRUSTEE 0 899840 0 671750 0 0 0 0 0 23892 0 1595482 0 0 DENIS JOHNSTON UNION TRUSTEE 0 170935 0 0 0 8615 0 42284 0 21615 0 243449 0 0 EMANUEL PASTREICH UNION TRUSTEE - CHAIRMAN 0 224635 0 0 0 3385 0 46341 0 21608 0 295969 0 0 SHIRLEY ALDEBOL DPTY UNION TTEE-THRU 1/31/25 0 170935 0 0 0 10901 0 42284 0 21615 0 245735 0 0 ELIZABETH BAKER DEPUTY UNION TRUSTEE 0 183738 0 0 0 3803 0 37915 0 21776 0 247232 0 0 JOHN SANTOS UNION TRUSTEE - SECY/TREAS. 0 205579 0 0 0 14543 0 49422 0 21615 0 291159 0 0 PETER GOLDBERGER EXECUTIVE DIRECTOR 0 323884 0 18778 0 1410 0 20770 0 20416 0 385258 0 0 ELAINE POMMELLS DIRECTOR OF FINANCE/ADMIN 0 277117 0 10769 0 1650 0 18630 0 21456 0 329622 0 0 STEVE JENKINS DIRECTOR OF OPERATIONS 0 288108 0 11154 0 1584 0 19041 0 20416 0 340303 0 0 LINDA NELSON DIRECTOR OF TRAINING FUND 245586 0 14177 0 0 0 17398 0 20416 0 297577 0 0 0 ROBERT SCHWARTZ DEPUTY EMPLOYER TRUSTEE 0 402974 0 146750 0 0 0 0 0 23892 0 573616 0 0 HARRY WEINBERG DEPUTY EMPLOYER TRUSTEE 0 345000 0 13000 0 0 0 0 0 23892 0 381892 0 0 CANDIS TALL DEPUTY UNION TRUSTEE 0 170935 0 0 0 11429 0 35277 0 21791 0 239432 0 0 ANA MARIA HILL DPTY UNION TRUSTEE EFF 1/31/25 0 139651 0 0 0 0 0 20675 0 20416 0 180742 0 0 LENORE FRIEDLANDER DEPUTY UNION TRUSTEE 0 173801 0 0 0 0 0 42874 0 20416 0 237091 0 0 CORA OPSAHL HEALTH FUND, DIRECTOR 0 257969 0 9928 0 0 0 17723 0 20416 0 306036 0 0 FARNAZ TAMARI DIRECTOR, DENTAL CENTER 0 286350 0 11381 0 8780 0 19291 0 21416 0 347218 0 0 RANDI FARBER DIRECTOR, TECH & OPERATIONS 0 268223 0 15577 0 1584 0 18422 0 20416 0 324222 0 0 ANTONIO RODRIGUEZ DIRECTOR OF INVESTMENTS 0 279808 0 5385 0 0 0 18415 0 20416 0 324024 0 0 THOMAS ORMSBY DIR. OF BILLING & EMPLOY. SVCS 0 258508 0 15000 0 1300 0 17999 0 20416 0 313223 0 0 PART I, LINE 3 - METHODS FOR ESTABLISHING COMPENSATION: THE EXECUTIVE DIRECTOR IS COMPENSATED BY A RELATED ORGANIZATION THAT ALLOCATES A PORTION OF THE EXECUTIVE DIRECTOR'S TIME TO THE FUND AND IS INCLUDED IN ADMIN SALARIES & EXPENSES OF THE FUNCTIONAL EXPENSES. THE RELATED ORGANIZATION USES THE METHODS OF INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEY AND APPROVAL BY THE BOARD IN ESTABLISHMENT OF THE EXECUTIVE DIRECTOR'S COMPENSATION. PART III, LINE 1 - ORGANIZATION'S MISSION: THE FUND PROVIDES TRAINING, SCHOLARSHIP AND SAFETY PROGRAMS TO ELIGIBLE PARTICIPANTS EMPLOYED IN THE BUILDING SERVICES INDUSTRY WHO ARE COVERED UNDER COLLECTIVE BARGAINING AGREEMENTS OR PARTICIPATION AGREEMENTS. THE FUND IS AIMED AT UPGRADING AND IMPROVING INDUSTRY SKILLS, PROVIDING TRAINING AND CLASSES TO IMPROVE COMPUTER AND ACADEMIC SKILLS, PROVIDING SCHOLARSHIPS FOR ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS, AND PROVIDING SAFETY PROGRAMS ASSISTING PARTICIPANTS IN PREVENTING INJURY OR ILLNESS ON THE JOB. PART VI, SECTION A, LINE 1A - EXECUTIVE COMMITTEE: THE EXECUTIVE COMMITTEE OF THE THOMAS SHORTMAN TRAINING, SCHOLARSHIP, AND SAFETY FUND SHALL CONSIST OF TWO TRUSTEES OF THE FUND. THE COMMITTEE IS DELEGATED FULL AUTHORITY TO ACT ON SUCH MATTERS AS IT SHALL DETERMINE TO REQUIRE ACTION BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, EXCEPT FOR AMENDMENTS TO THE TRUST AGREEMENT AND ANY MATTERS WHICH REQUIRE UNANIMOUS ACTION BY THE BOARD OF TRUSTEES. PART VI, SECTION A, LINE 2 - BUSINESS RELATIONSHIP: TRUSTEES EMMANUEL PASTREICH, LARRY ENGELSTEIN, JOHN SANTOS, ELIZABETH BAKER, DENIS JOHNSTON, SHIRLEY ALDEBOL, ANA MARIA HILL, LENORE FRIEDLANDER, AND CANDIS TALL HAVE A BUSINESS RELATIONSHIP THROUGH SERVICE EMPLOYEES INTERNATIONAL UNION LOCAL 32BJ, RESPECTIVELY. TRUSTEES HOWARD ROTHSCHILD, ROBERT SCHWARTZ, JEFFREY BRODSKY, HARRY WEINBERG, AND ANDREW HOFFMAN HAVE A BUSINESS RELATIONSHIP THROUGH REALTY ADVISORY BOARD ON LABOR RELATIONS, INC., RESPECTIVELY. PART VI, SECTION A, LINE 7A - APPOINTMENT OF TRUSTEES: IF A UNION TRUSTEE VACANCY ARISES, THE FUND'S TRUST AGREEMENT PROVIDES THAT SERVICE EMPLOYEES INTERNATIONAL UNION LOCAL 32BJ HAS THE POWER TO APPOINT A SUCCESSOR UNION TRUSTEE FOR THE FUND. IF AN EMPLOYER TRUSTEE VACANCY ARISES, THE FUND'S TRUST AGREEMENT PROVIDES THAT THE REALTY ADVISORY BOARD HAS THE POWER TO APPOINT A SUCCESSOR EMPLOYER TRUSTEE FOR THE FUND. PART VI, SECTION B, LINE 11B - REVIEW OF FORM 990: THE FORM 990 IS REVIEWED BY THE FUND'S ACCOUNTING DEPARTMENT. THE FINAL FORM 990 IS THEN PROVIDED TO THE BOARD OF TRUSTEES FOR THEIR REVIEW AND APPROVAL PRIOR TO FILING THE RETURN. PART VI, SECTION B, LINE 12C - CONFLICT OF INTEREST POLICY: THE FUND IS SUBJECT TO THE REQUIREMENTS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA") AND THE FIDUCIARY STANDARDS OF ERISA, INCLUDING THE PROHIBITED TRANSACTIONS PROVISIONS, WHICH CONSTITUTES THE FUND'S CONFLICT OF INTEREST POLICY. THE BOARD OF TRUSTEES MONITORS AND ENFORCES COMPLIANCE WITH THOSE PROVISIONS AS REQUIRED BY ERISA ALONG WITH THE ASSISTANCE OF THE FUND'S PROFESSIONALS. IN ADDITION, THE FUND HAS AN ESTABLISHED CODE OF ETHICAL CONDUCT POLICY, WHICH INCLUDES A CONFLICT OF INTEREST POLICY. PART VI, SECTION C, LINE 15A/15B-TOP MGT OFFICIALS COMPENSATION: THE FUND RETAINED AN INDEPENDENT CONSULTANT THAT CONDUCTED SEARCHES ON A LOCAL AND NATIONAL LEVEL FOR SIMILAR JOBS AND DETERMINED REASONABLENESS OF THE FUND'S COMPENSATION BASED ON THE BENEFITS THE FUND PROVIDES AND OTHER INTERNAL FACTORS. THE CONSULTANT ALSO BUILT A SALARY STRUCTURE FOUNDATION FOR THE FUND AND THAT STRUCTURE IS REVIEWED ANNUALLY AND ADJUSTED WHEN APPROPRIATE. IN ADDITION, THE DIRECTOR OF HUMAN RESOURCES SUBSCRIBES TO AN ONLINE COMPENSATION SURVEY THAT IS USED AS A TOOL IN REVIEWING THE FUND'S COMPENSATION FOR COMPARABILITY PURPOSES AGAINST THE CURRENT JOB MARKET. PART VI, SECTION C, LINE 19 - GOVERNING DOCUMENTS: THE FUND MAKES ITS GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO PARTICIPANTS, BENEFICIARIES, THE SPONSORING UNION, AND CONTRIBUTING EMPLOYERS AS REQUIRED BY ERISA. PART X, COLUMN A - BALANCE SHEET Certain 2024 amounts have been reclassified to conform with the 2025 presentation. These reclassifications had no impact on net assets as of June 30, 2024 or the changes in net assets available for benefits for the year then ended as stated in the previously issued financial statements. BD OF TRUSTEES THOMAS SHORTMAN TRAINING 25 WEST 18TH STREET NEW YORK NY 10011 PLAN SPONSOR NY N/A false BUILDING SERVICE 32BJ PENSION FUND 25 WEST 18TH STREET NEW YORK NY 10011 131879376 PENSION BENEF NY 401(A) N/A false BUILDING SERVICES 32BJ LEGAL SERVICES 25 WEST 18TH STREET NEW YORK NY 10011 136841620 LEGAL SERVICE NY 501(C)(9) N/A false BUILDING SERVICES 32BJ HEALTH FUND 25 WEST 18TH STREET NEW YORK NY 10011 132928869 HEALTH BENEF NY 501(C)(9) N/A false BUILDING SERVICES 32BJ SRSP FUND 25 WEST 18TH STREET NEW YORK NY 10011 133507075 profit share NY 401(K) N/A false REALTY ADVISORY BOARD ON LABOR RELATIONS ONE PENN PLAZA 21ST FL NEW YORK NY 10139 131201745 LABOR & MGMT NY 501(C)6 NA false SEIU LOCAL 32BJ 25 WEST 18TH STREET NEW YORK NY 10011 130535740 LABOR UNION NY 501(C)5 NA false false false false false false false false false false false false false false true true true false true true BUILDING SERVICES 32BJ HEALTH FUND N 4584817 allocation cost BUILDING SERVICES 32BJ HEALTH FUND O 3219731 allocation cost BUILDING SERVICES 32BJ HEALTH FUND R 1023670 allocation cost BUILDING SERVICES 32BJ PENSION PLAN R 269739 ALLOCATION COST