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The New England Laborers Apprenticeship Advancement Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 030466664 ✦ Providence, RI ✦ Designated as a 501(c)(3)

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Overview

What is The New England Laborers Apprenticeship Advancement Fund?

The New England Laborers Apprenticeship Advancement Fund is a nonprofit organization situated in Providence, Rhode Island. Its primary objective is to enhance the Laborers' Apprenticeship Program. To achieve this, they formulate and implement secondary school curriculums that are applicable to the construction industry. Furthermore, the fund contributes towards the cost of instructors necessary to train students, aiming to improve the efficiency in the construction trade. By doing so, the organization aims to equip future professionals with the necessary skills to excel in this field.

Is The New England Laborers Apprenticeship Advancement Fund legitimate?

The New England Laborers Apprenticeship Advancement Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The New England Laborers Apprenticeship Advancement Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The New England Laborers Apprenticeship Advancement Fund?

The New England Laborers Apprenticeship Advancement Fund works towards enhancing the laborers' apprenticeship program. Their primary goal is to create and implement secondary school curriculums relevant to the construction industry. Additionally, they aim to subsidize the expenses of instructors required to train students, with the ultimate objective of improving the efficiency level within the construction trade. By doing so, they contribute significantly to the development of skilled laborers in the field.

What is the revenue of The New England Laborers Apprenticeship Advancement Fund?

The New England Laborers Apprenticeship Advancement Fund's revenue in 2024 was $256,660.

Who are the executives of The New England Laborers Apprenticeship Advancement Fund and what are their salaries?

Here are 3 key members and their salaries:


Donato A Bianco Jr (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Sabitoni (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael A Traficante (Recording Sec.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The New England Laborers Apprenticeship Advancement Fund?

The New England Laborers Apprenticeship Advancement Fund's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of The New England Laborers Apprenticeship Advancement Fund

The New England Laborers Apprenticeship Advancement Fund is committed to enhancing the laborers' apprenticeship program. Their mission involves formulating and implementing secondary school curriculums that are relevant to the construction industry. This initiative aims to provide students with the necessary training to excel in the construction trade. Furthermore, the fund contributes towards the cost of instructors required to educate these students, with the ultimate goal of improving efficiency in the construction field. In essence, the New England Laborers Apprenticeship Advancement Fund seeks to strengthen the apprenticeship program by providing relevant educational resources and skilled instructors, thereby fostering a higher level of competence in the construction industry.

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Impact




October, 2024

The New England Laborers Apprenticeship Advancement Fund significantly enhances the labor workforce in the construction industry by advancing the Laborers' Apprenticeship Program. It focuses on developing and implementing secondary school curriculums tailored to the needs of the construction sector, ensuring that students gain relevant skills and knowledge. This initiative not only prepares young individuals for careers in construction but also addresses the industry's demand for a highly trained workforce.

By contributing toward the cost of instructors, the Fund ensures that students receive quality training from experienced professionals. This investment in education elevates the standard of craftsmanship within the construction trade, fostering a more efficient and capable workforce. Ultimately, the initiative supports economic growth by creating job opportunities, thereby benefiting both individuals and the broader community in Rhode Island and beyond.




This information is meant to be a general summary of The New England Laborers Apprenticeship Advancement Fund. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$256,660 (2024)
Expenses
$258,347 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $38,924
  • Gross Receipts: $290,001

Assets and Liabilities:

  • Total Assets: $1,767,971
  • Total Liabilities: $0
  • Net Assets: $1,767,971

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Organization Details

Founding Year

2002

Principal Officer

Donato A Biancojr

NTEE Category

Code: J22 - Employment

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