Overview
What is Residential Construction Workforce Partnership?
Residential Construction Workforce Partnership (RCWP) is a nonprofit organization situated in East Providence, Rhode Island. Their primary mission is to address the labor shortages in the construction industry, particularly in the carpentry field, by offering a comprehensive six-month pre-apprenticeship training program. This program emphasizes teaching, mentoring, and coaching, with the ultimate goal of ensuring the career success of its graduates. RCWP employs a rigorous recruitment process to identify motivated candidates, utilizing various channels, outreach programs, and social media. Training is provided through multiple locations within Rhode Island. Once participants complete the program, RCWP leverages its industry relationships to secure employment opportunities for them. In 2022, RCWP trained 67 students, equipping them with the necessary skills and credentials to enter the workforce, with a focus on serving adults, minority populations, and youth.
Official website here: www.rcwpri.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement. The Residential Construction Workforce Partnership has received an overall score of 66%, resulting in a Two-Star out of Four Star rating. This rating indicates room for improvement, particularly in the areas related to accountability and financial transparency.
The organization has demonstrated strengths such as a high percentage of independent board members (80%) and a good liabilities to assets ratio, which suggests sound financial management. However, it lacks essential financial statements and policies, including a conflict of interest policy and a whistleblower policy, which could impact its overall governance and accountability.
While the program expense ratio of 64.25% shows that a significant portion of funds is directed towards its programs, the absence of comprehensive financial documentation raises concerns. Overall, while the Residential Construction Workforce Partnership exhibits some positive aspects, it must address its governance policies and financial reporting to enhance its credibility and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Residential Construction Workforce Partnership legitimate?
Residential Construction Workforce Partnership is a legitimate nonprofit organization registered as a 501(c)(3) entity. Residential Construction Workforce Partnership 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: $20,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $299,388
For more financial information, click here
Official website here: www.rcwpri.org
What is the mission statement of Residential Construction Workforce Partnership?
The Residential Construction Workforce Partnership is committed to educating, training, and placing current and prospective workers in residential construction trades. Their focus is on supporting adults, minority populations, and youth, providing them with valuable learning experiences and mentorship. Through a rigorous recruitment process, the partnership ensures that candidates have a genuine interest and motivation before entering the program. Once enrolled, individuals undergo a comprehensive six-month pre-apprenticeship training program, which includes teaching, mentoring, and coaching to prepare them for successful careers in the construction industry. Upon completion, the partnership helps place participants into employment, providing them with the essential skills and credentials needed to enter the workforce.
Official website here: www.rcwpri.org
Who is the CEO of Residential Construction Workforce Partnership?
John Marcantonio is the Executive Director of Residential Construction Workforce Partnership.
Official website here: www.rcwpri.org
What is the revenue of Residential Construction Workforce Partnership?
Residential Construction Workforce Partnership's revenue in 2022 was $757,879.
Official website here: www.rcwpri.org
Who are the executives of Residential Construction Workforce Partnership and what are their salaries?
The average compensation at Residential Construction Workforce Partnership during 2022 was $29,035. There are 11 employees at Residential Construction Workforce Partnership.
Here are 5 key members and their salaries:
- Compensation: $13,846
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.rcwpri.org
Where can I find the form 990 for Residential Construction Workforce Partnership?
Residential Construction Workforce Partnership's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rcwpri.org
Learn more at the official website: www.rcwpri.org
Mission Statement of Residential Construction Workforce Partnership
The Residential Construction Workforce Partnership, in its mission, focuses on educating, training, and placing both current and prospective workers in the residential construction trades. This organization has a particular emphasis on adult learners, minority populations, and youth, offering them valuable learning experiences and mentorship opportunities. Its goal is to equip these individuals with the necessary skills and credentials to successfully enter the workforce, thereby addressing the severe labor shortages in the construction industry, particularly in the carpentry field. The partnership accomplishes this by providing a six-month pre-apprenticeship training program, which involves teaching, mentoring, and coaching, ensuring the graduates' career success. The organization rigorously recruits candidates through various channels, including industry connections, outreach, social media, and intergovernmental programs. After a thorough screening process, which includes interviews to assess genuine interest and motivation, qualified individuals embark on their training journey at multiple locations throughout the region. Once trained, the partnership leverages its industry connections to facilitate employment for its participants.
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Impact
July, 2024
The Residential Construction Workforce Partnership's impact is evident in its successful efforts to address the severe labor shortages in the construction industry, specifically in the carpentry field. By providing a six-month pre-apprenticeship training program, RCWP educates, trains, and places individuals into residential construction trades. Through a thorough recruitment process and industry partnerships, RCWP has been able to train and place 67 students in essential skills and credentials in 2022 alone. This initiative not only benefits the individuals involved but also contributes to filling gaps in the workforce and promoting diversity within the construction industry.
This information is meant to be a general summary of Residential Construction Workforce Partnership. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $6
- Gross Receipts: $757,879
Assets and Liabilities:
- Total Assets: $335,806
- Total Liabilities: $19,546
- Net Assets: $316,260
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Organization Details
Founding Year
2020
Phone
(401) 438-7400Principal Officer
John Marcantonio
Main Address
450 Veterans Memorial PkW Suite 301, East Providence, RI, 02914
Website
www.rcwpri.orgNTEE Category
Code: B30 - Education
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