Local 147 Construction Workers Asb Fund C/O Basil Castrovinci Associates Inc

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

EIN: 133161717 ✦ Hopatcong, NJ ✦ Designated as a 501(c)(9)

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Overview

What is Local 147 Construction Workers Asb Fund C/O Basil Castrovinci Associates Inc?

Local 147 Construction Workers Asb Fund C/O Basil Castrovinci Associates Inc is a nonprofit organization located in Hopatcong, New Jersey, with an address at 36 Hopatchung Road. This organization provides additional benefits such as unemployment, workers compensation, disability, economic assistance, education, death, severance, and vacation to eligible participants and their dependents. These benefits are funded by participating employers who make contributions based on the hours worked. The primary mission of this nonprofit is to offer these additional benefits as described, ensuring support and assistance for eligible participants and their dependents. The organization currently employs 64 individuals.


Official website here: www.sandhogs147.org

Is Local 147 Construction Workers Asb Fund C/O Basil Castrovinci Associates Inc legitimate?

Local 147 Construction Workers Asb Fund C/O Basil Castrovinci Associates Inc is a legitimate nonprofit organization registered as a 501(c)(9) entity. Local 147 Construction Workers Asb Fund C/O Basil Castrovinci Associates Inc 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


Official website here: www.sandhogs147.org

What is the mission statement of Local 147 Construction Workers Asb Fund C/O Basil Castrovinci Associates Inc?

The Local 147 Construction Workers ASB Fund, managed by Basil Castrovinci Associates Inc., is dedicated to providing additional benefits to eligible participants and their dependents. This mission is carried out by offering a range of benefits such as unemployment, workers compensation, disability, economic assistance, education, death, severance, and vacation benefits. These benefits are funded by participating employers who make contributions based on the hours worked. The fund aims to support and assist eligible participants and their dependents in various ways, enhancing their overall well-being.


Official website here: www.sandhogs147.org

Who is the CEO of Local 147 Construction Workers Asb Fund C/O Basil Castrovinci Associates Inc?

Richard T Fitzsimmons is the Union Trustee of Local 147 Construction Workers Asb Fund C/O Basil Castrovinci Associates Inc.


Official website here: www.sandhogs147.org

What is the revenue of Local 147 Construction Workers Asb Fund C/O Basil Castrovinci Associates Inc?

Local 147 Construction Workers Asb Fund C/O Basil Castrovinci Associates Inc's revenue in 2022 was $1,812,678.


Official website here: www.sandhogs147.org

Who are the executives of Local 147 Construction Workers Asb Fund C/O Basil Castrovinci Associates Inc and what are their salaries?

There are 64 employees at Local 147 Construction Workers Asb Fund C/O Basil Castrovinci Associates Inc.


Here are 6 key members and their salaries:


Richard T Fitzsimmons (Union Trustee)
  • Compensation: $0
  • Related: $258,245
  • Other: $250,129
John Ryan (Union Trustee)
  • Compensation: $0
  • Related: $13,384
  • Other: $6,455
Christopher Fitzsimmons (Union Trustee)
  • Compensation: $0
  • Related: $167,846
  • Other: $165,742
Robert Wessels (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Rosen (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Ferrara (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sandhogs147.org

Where can I find the form 990 for Local 147 Construction Workers Asb Fund C/O Basil Castrovinci Associates Inc?

Local 147 Construction Workers Asb Fund C/O Basil Castrovinci Associates Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sandhogs147.org

Learn more at the official website: www.sandhogs147.org

Mission Statement of Local 147 Construction Workers Asb Fund C/O Basil Castrovinci Associates Inc

Local 147 Construction Workers ASB Fund, overseen by Basil Castrovinci Associates Inc, is committed to offering additional benefits to eligible participants and their dependents. Their primary mission is to provide a wide range of benefits, including unemployment, workers' compensation, disability, economic assistance, education, death, severance, and vacation benefits. These benefits are funded by participating employers who contribute based on the hours worked by their employees. The fund's purpose is to provide a safety net for eligible workers and their families in times of need, ensuring they have access to necessary support during challenging circumstances.

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Impact




October, 2024

Local 147 Construction Workers Asb Fund C/O Basil Castrovinci Associates Inc plays a crucial role in supporting eligible construction workers and their dependents by providing essential benefits that help safeguard their economic stability and well-being. Through a comprehensive benefits program that includes unemployment assistance, workers' compensation, disability support, economic aid, educational opportunities, death benefits, severance pay, and vacation support, the fund ensures that participants have access to the resources they need in times of hardship or transition.

By receiving contributions from participating employers based on hours worked, the fund creates a safety net that enhances job security and financial resilience. This support is especially vital in the construction industry, where workers may face unpredictable employment patterns and risks associated with job-related injuries. Ultimately, the impact of the fund extends beyond individual participants to the broader community, fostering a more secure, well-supported workforce that can thrive despite the challenges inherent in the construction field.




This information is meant to be a general summary of Local 147 Construction Workers Asb Fund C/O Basil Castrovinci Associates Inc. 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
$1,812,678 (2022)
Expenses
$1,172,971 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $655,411
  • Program Service Revenue: $1,154,217
  • Gross Receipts: $5,942,207

Assets and Liabilities:

  • Total Assets: $10,793,223
  • Total Liabilities: $31,205
  • Net Assets: $10,762,018

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Programs

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

EMPLOYERS' CONTRIBUTIONS

Revenue

$1,154,217

Organization Details

Founding Year

1983

Principal Officer

Richard T Fitzsimmons

Main Address

36 HOPATCHUNG ROAD, HOPATCONG, NJ, 07843

NTEE Category

Code: Y40 - Mutual benefit

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