New England Laborers Apprenticeship Advancement Fund

Organization Overview

New England Laborers Apprenticeship Advancement Fund is located in Providence, RI. The organization was established in 2003. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New England Laborers Apprenticeship Advancement Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, New England Laborers Apprenticeship Advancement Fund generated $217.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.3%) each year. All expenses for the organization totaled $116.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, New England Laborers Apprenticeship Advancement Fund has awarded 13 individual grants totaling $793,620. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO ADVANCE THE LABORERS' APPRENTICESHIP PROGRAM TO FORMULATE AND INSTITUTE SECONDARY SCHOOL CURRICULUMS APPLICABLE TO THE CONSTRUCTION INDUSTRY AND TO CONTRIBUTE TOWARD THE COST OF INSTRUCTORS NECESSARY TO TRAIN STUDENTS AND TO DEVELOP A HIGHER DEGREE OF EFFICIENCY IN THE CONSTRUCTION TRADE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO ADVANCE THE LABORERS' APPRENTICESHIP PROGRAM TO FORMULATE AND INSTITUTE SECONDARY SCHOOL CURRICULUMS APPLICABLE TO THE CONSTRUCTION INDUSTRY AND TO CONTRIBUTE TOWARD THE COST OF INSTRUCTORS NECESSARY TO TRAIN STUDENTS AND TO DEVELOP A HIGHER DEGREE OF EFFICIENCY IN THE CONSTRUCTION TRADE.


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Board, Officers & Key Employees

Name (title)Compensation
Armand E Sabitoni
President
$0
Vincent R Masino
Treasurer
$0
Michael A Traficante
Recording Sec.
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$150,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$150,000
Total Program Service Revenue$0
Investment income $25,995
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $41,192
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $217,187

Grants Awarded

Over the last fiscal year, New England Laborers Apprenticeship Advancement Fund has awarded $112,067 in support to 2 organizations.

Grant RecipientAmount

CRANSTON CHARTER SCHOOL

PURPOSE: CONSULTING/RECRUITING

$62,067

CRANSTON CHARTER SCHOOL

PURPOSE: FOR FISCAL YEAR 6/30/21

$50,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that New England Laborers Apprenticeship Advancement Fund has recieved totaling $150,000.

Awarding OrganizationAmount
Laborers International Union Of North America

Washington, DC

PURPOSE: GENERAL SUPPORT

$150,000
View Grant Recipient Profile

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