Rhode Island Construction Industry Advancement Fund

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

EIN: 056052140 ✦ Providence, RI ✦ Designated as a 501(c)(6)

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Overview

What is Rhode Island Construction Industry Advancement Fund?

The Rhode Island Construction Industry Advancement Fund is a nonprofit organization situated in Providence, Rhode Island. Its primary objective is to foster a harmonious relationship between labor and management and cover collective bargaining expenses for management. Beyond this, the fund actively works towards promoting cooperation among various entities within the construction industry, including owners, architects, engineers, and contractors. Their mission extends to supporting construction industry programs, advocating for employee safety, and enhancing public relations, market development, and collective bargaining techniques. The fund also engages in industry-wide ventures aimed at improving the construction sector as a whole.

Is Rhode Island Construction Industry Advancement Fund legitimate?

Rhode Island Construction Industry Advancement Fund is a legitimate nonprofit organization registered as a 501(c)(6) entity. Rhode Island Construction Industry 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 Rhode Island Construction Industry Advancement Fund?

The Rhode Island Construction Industry Advancement Fund's mission is centered around enhancing construction industry programs. It aims to foster a stable relationship between labor and management, provide financial support for collective bargaining, and encourage cooperation among various industry stakeholders such as owners, architects, and contractors. Additionally, the fund engages in public relations and market development initiatives to promote the construction industry as a whole. It also supports industry-wide ventures related to employee safety and various other aspects of the construction sector.

Who is the CEO of Rhode Island Construction Industry Advancement Fund?

Edward Burman is the Trustee/Trea of Rhode Island Construction Industry Advancement Fund.

What is the revenue of Rhode Island Construction Industry Advancement Fund?

Rhode Island Construction Industry Advancement Fund's revenue in 2022 was $581,788.

Who are the executives of Rhode Island Construction Industry Advancement Fund and what are their salaries?


Here are 5 key members and their salaries:


Joel Trojan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Burman (Trustee/Trea)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Iannuccillo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Armand Lusi (Trustee/Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Siddall (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Rhode Island Construction Industry Advancement Fund?

Rhode Island Construction Industry Advancement Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Rhode Island Construction Industry Advancement Fund

The Rhode Island Construction Industry Advancement Fund, as a nonprofit organization, is dedicated to advancing programs related to the construction industry. Its mission is multifaceted, encompassing the promotion of employee safety, the facilitation of collective bargaining techniques, the enhancement of public relations, and the development of market programs. The fund's objectives extend beyond these aspects, aiming to foster industry-wide ventures that benefit the construction sector as a whole. By doing so, the Rhode Island Construction Industry Advancement Fund seeks to establish a harmonious relationship between labor and management, ensuring a stable industry environment. The fund also covers the collective bargaining expenses of management, encouraging cooperation among various stakeholders such as owners, architects, engineers, and contractors. In essence, the Rhode Island Construction Industry Advancement Fund plays a vital role in fostering growth and stability within the construction industry.

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Impact




October, 2024

The Rhode Island Construction Industry Advancement Fund plays a crucial role in enhancing the construction sector by promoting employee safety and fostering positive labor-management relationships. Its initiatives contribute to effective collective bargaining techniques, which help streamline negotiations and establish fair practices within the industry. By focusing on public relations and market development programs, the Fund not only improves the image of the construction industry but also drives growth and innovation.

The Fund supports collaboration among key stakeholders, including owners, architects, engineers, and contractors, ultimately creating a more cohesive and productive working environment. This cooperation can lead to increased project efficiency, better safety standards, and improved outcomes across the board. Through its activities, the Rhode Island Construction Industry Advancement Fund positively impacts the stability and progress of the construction industry, ensuring that it remains dynamic and responsive to the needs of the community and economy.




This information is meant to be a general summary of Rhode Island Construction Industry 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
$581,788 (2022)
Expenses
$626,649 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $48,562
  • Program Service Revenue: $533,226
  • Gross Receipts: $990,449

Assets and Liabilities:

  • Total Assets: $2,224,866
  • Total Liabilities: $79,440
  • Net Assets: $2,145,426

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Employer contributions

Revenue

$533,226

Organization Details

Principal Officer

Edward Burman

Main Address

188 Valley Street 211, Providence, RI, 02909

NTEE Category

Code: U01 - Science research

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