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Local 60-Cic-Bac-Lm Trust

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

EIN: 466139805 ✦ Hawthorne, NY ✦ Designated as a 501(c)(5)

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Overview

What is Local 60-Cic-Bac-Lm Trust?

Local 60-Cic-Bac-Lm Trust is a nonprofit organization located in Hawthorne, New York. Its primary mission is to improve communications between unions and employers, identify and expand work opportunities for construction workers and employers, promote efficiency and economic competitiveness in the union and employer sector, and ensure the health and safety of construction workers and their families. The trust achieves this by conducting research, performing studies, collecting information, developing procedures, and taking actions to minimize hazards in the workplace of construction workers. It also promotes the overall well-being of the construction industry within its territorial jurisdiction.

Is Local 60-Cic-Bac-Lm Trust legitimate?

Local 60-Cic-Bac-Lm Trust is a legitimate nonprofit organization registered as a 501(c)(5) entity. Local 60-Cic-Bac-Lm 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,051

For more financial information, click here

What is the mission statement of Local 60-Cic-Bac-Lm Trust?

The Local 60-Cic-Bac-Lm Trust aims to provide various benefits permitted under applicable codes, with a focus on enhancing communication between unions and employers. One of its key objectives is to identify and expand work opportunities for construction workers and employers, promoting efficiency in operations and economic competitiveness. Additionally, the trust works towards improving the health and safety of construction workers and their families, conducting research to minimize hazards in the workplace. It performs studies, collects information, develops procedures, and takes other necessary actions to ensure a safer environment for construction workers.

What is the revenue of Local 60-Cic-Bac-Lm Trust?

Local 60-Cic-Bac-Lm Trust's revenue in 2023 was $864,560.

Who are the executives of Local 60-Cic-Bac-Lm Trust and what are their salaries?

Here are 12 key members and their salaries:


Anthony Ascencao (Union Trustee)
  • Compensation: $0
  • Related: $295,366
  • Other: $170,166
Jacinto Fragoso (Union Trustee)
  • Compensation: $0
  • Related: $184,859
  • Other: $115,462
Michael Moreira (Union Trustee)
  • Compensation: $0
  • Related: $184,851
  • Other: $115,462
Bill Mascetta (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Pacchiana (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ross Pepe (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlos Ascencao (Alternate Union Trusteee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Bisignano (Training Director)
  • Compensation: $0
  • Related: $236,201
  • Other: $139,705
Christine Costa (Administrator)
  • Compensation: $0
  • Related: $165,583
  • Other: $51,696
Carlos Gonzalez (Training Instructor)
  • Compensation: $0
  • Related: $153,951
  • Other: $54,529
Andrew Ferraro (Training Instructor)
  • Compensation: $0
  • Related: $149,754
  • Other: $54,510
Michael Cruz (Eap Director)
  • Compensation: $0
  • Related: $123,962
  • Other: $51,696
Where can I find the form 990 for Local 60-Cic-Bac-Lm Trust?

Local 60-Cic-Bac-Lm Trust's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Local 60-Cic-Bac-Lm Trust

Local 60-Cic-Bac-Lm Trust is an organization with a mission to enhance communications between unions and employers, identify and expand work opportunities for construction workers and employers, and promote efficiency and economic competitiveness within the union and its employer base. The trust also prioritizes the health and safety of construction workers and their families, conducting research, performing studies, and collecting information to minimize hazards in the workplace. Furthermore, the trust develops procedures and takes various actions to ensure a safer working environment for construction workers employed by various employers.

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Impact




October, 2024

Local 60-Cic-Bac-Lm Trust significantly impacts the construction industry by enhancing communication between unions and employers, thereby fostering a collaborative environment that benefits both parties. It plays a crucial role in identifying and creating work opportunities for construction workers, which contributes to job security and economic stability within the sector.

By promoting operational efficiency, the Trust enhances the economic competitiveness of both the union and its employers, ensuring that they remain viable in an ever-changing marketplace. Furthermore, it prioritizes the health and safety of construction workers and their families, conducting research and studies to address workplace hazards and implement essential safety procedures. This focus on improving workplace conditions not only safeguards the well-being of workers but also increases productivity and morale in the industry. Overall, the Trust's comprehensive approach leads to a more sustainable and secure construction workforce.




This information is meant to be a general summary of Local 60-Cic-Bac-Lm 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
$864,560 (2023)
Expenses
$73,359 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $217
  • Program Service Revenue: $864,343
  • Gross Receipts: $864,560

Assets and Liabilities:

  • Total Assets: $4,418,094
  • Total Liabilities: $10,709
  • Net Assets: $4,407,385

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Programs

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

EMPLOYER CONT-TARGET F

Revenue

$787,560

EMPLOYER CONTRIBUTIONS

Revenue

$76,783

Organization Details

Founding Year

2012

Principal Officer

Anthony Ascencao

NTEE Category

Code: J40 - Employment

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