New York State Laborers' Employers Cooperation And Education Trust

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

EIN: 223060487 ✦ Albany, NY ✦ Designated as a 501(c)(5)

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Overview

What is New York State Laborers' Employers Cooperation And Education Trust?

New York State Laborers' Employers Cooperation and Education Trust is a nonprofit organization headquartered in Albany, New York. Their primary mission is to foster harmonious relationships between labor and management representatives in the construction industry. They aim to promote cooperative relations and the establishment and upkeep of top-notch training programs for laborers. Operating with a team of nine individuals, the trust works towards encouraging a collaborative environment in the construction sector. The trust's activities mainly revolve around promoting harmonious interactions between labor and management representatives.


Official website here: www.nysliuna.org/lecet

Is New York State Laborers' Employers Cooperation And Education Trust legitimate?

New York State Laborers' Employers Cooperation And Education Trust is a legitimate nonprofit organization registered as a 501(c)(5) entity. New York State Laborers' Employers Cooperation And Education Trust 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: $221,411
Professional Fundraising Fees: $0
Other Salaries and Wages: $942,551

For more financial information, click here


Official website here: www.nysliuna.org/lecet

What is the mission statement of New York State Laborers' Employers Cooperation And Education Trust?

The New York State Laborers' Employers Cooperation And Education Trust's mission is centered around fostering amicable relations between labor and management representatives in the construction industry. The organization strives to establish and maintain top-notch training programs for laborers. In addition, it actively promotes the collaborative efforts of union and contractor associations, further strengthening the relationship between labor and management. The Trust's main objective is to publicize these endeavors and advocate for cooperative relations within the construction industry.


Official website here: www.nysliuna.org/lecet

Who is the CEO of New York State Laborers' Employers Cooperation And Education Trust?

Ross Pepe is the Co-Chair of New York State Laborers' Employers Cooperation And Education Trust.


Official website here: www.nysliuna.org/lecet

What is the revenue of New York State Laborers' Employers Cooperation And Education Trust?

New York State Laborers' Employers Cooperation And Education Trust's revenue in 2022 was $5,802,081.


Official website here: www.nysliuna.org/lecet

Who are the executives of New York State Laborers' Employers Cooperation And Education Trust and what are their salaries?

The average compensation at New York State Laborers' Employers Cooperation And Education Trust during 2022 was $129,329. There are 9 employees at New York State Laborers' Employers Cooperation And Education Trust.


Here are 16 key members and their salaries:


Patrick Purcell (Executive Director)
  • Compensation: $221,411
  • Related: $0
  • Other: $78,434
Samuel Fresina (Labor Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John O'Hare (Management Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Salvatore Dilorenzo (Management Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Earl Hall (Management Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Bonanza (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Wessels (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel Capitano (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carmine D'Amato (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Prohaska (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ross Pepe (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Delgado (Employee)
  • Compensation: $141,281
  • Related: $0
  • Other: $78,515
Kimberly Devane (Employee)
  • Compensation: $173,758
  • Related: $0
  • Other: $86,298
Joseph Mirabile (Employee)
  • Compensation: $141,821
  • Related: $0
  • Other: $77,327
Gwennan Booth (Employee)
  • Compensation: $123,438
  • Related: $0
  • Other: $50,052
Karen Neil (Employee)
  • Compensation: $103,757
  • Related: $0
  • Other: $44,345


Official website here: www.nysliuna.org/lecet

Where can I find the form 990 for New York State Laborers' Employers Cooperation And Education Trust?

New York State Laborers' Employers Cooperation And Education Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nysliuna.org/lecet

Learn more at the official website: www.nysliuna.org/lecet

Mission Statement of New York State Laborers' Employers Cooperation And Education Trust

New York State Laborers' Employers Cooperation and Education Trust, hereafter referred to as the Trust, is dedicated to fostering amicable relations between labor and management representatives in the construction sector. Its primary mission is to encourage the establishment and maintenance of high-quality training programs for laborers. By promoting harmonious interactions between these two groups, the Trust aims to enhance cooperation within the construction industry. The Trust also strives to publicize the initiatives undertaken by union and contractor associations, with the ultimate goal of strengthening the partnership between labor and management.

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Impact




October, 2024

New York State Laborers' Employers Cooperation And Education Trust (LECET) plays a vital role in fostering harmonious relationships between labor and management in the construction industry. By promoting cooperation and understanding between union representatives and contractors, LECET helps to mitigate conflicts and enhance collaboration, which ultimately leads to improved workplace conditions and productivity.

Moreover, LECET is instrumental in establishing and maintaining high-quality training programs for laborers, ensuring that workers are well-equipped with the necessary skills and knowledge to excel in their roles. This emphasis on education not only elevates the standards of the workforce but also contributes to safety and efficiency on construction sites.

Additionally, through effective public relations efforts, LECET amplifies the initiatives and goals of both unions and contractor associations, fostering a culture of mutual respect and shared objectives. This commitment to transparency and communication encourages a more unified approach to addressing the challenges faced by the construction industry, benefiting all stakeholders involved. Overall, LECET's impact is seen in the improved relationships within the industry and the enhanced capabilities of the labor force, contributing to a more robust and resilient construction sector in New York State.




This information is meant to be a general summary of New York State Laborers' Employers Cooperation And Education Trust. 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
$5,802,081 (2022)
Expenses
$4,562,896 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $575,274
  • Program Service Revenue: $5,198,671
  • Gross Receipts: $5,952,425

Assets and Liabilities:

  • Total Assets: $21,859,953
  • Total Liabilities: $547,413
  • Net Assets: $21,312,540

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$5,198,671

Organization Details

Founding Year

1991

Principal Officer

Ross Pepe

Main Address

18 CORPORATE WOODS BOULEVARD, ALBANY, NY, 12211

NTEE Category

Code: J40 - Employment

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