Building Trades Employers Assn Of The City Of New York
- Assets
- $2.0m
- Revenue
- $1.9m
- Investments
- $380.4k
- Employees
- 4
- Location
- New York, NY
- Founding
- 01/1941
- Data as of
- 12/2021
- EIN
- 13-1835634
Organization Overview
Building Trades Employers Assn Of The City Of New York is located in New York, NY. The organization was established in 1941. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Building Trades Employers Assn Of The City Of New York employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Building Trades Employers Assn Of The City Of New York is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Building Trades Employers Assn Of The City Of New York generated $1.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $2.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO BE THE PUBLIC VOICE AND ADVOCATE FOR UNION CONTRACTORS IN NEW YORK CITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INDUSTRY ADVANCEMENT - TO PROMOTE THE BENEFITS OF USING UNION CONTRACTORS THROUGH PUBLIC RELATIONS ACTIVITIES, ADVERTISING AND INDUSTRY PROMOTION.
JOINT CONSTRUCTION SAFETY PROGRAM - TO IMPROVE & ENCOURAGE JOB SITE SAFETY PROCEDURES THROUGH MANAGEMENT & LABOR TRAINING COURSES AND CONFERENCES.
INDUSTRY ADVANCEMENT - TO PROMOTE THE BENEFITS OF USING UNION CONTRACTORS THROUGH PUBLIC RELATIONS ACTIVITIES, ADVERTISING AND INDUSTRY PROMOTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Louis J Coletti President & CEO | Officer | 40 | $415,000 |
Peter Vrankovic Treasurer | Officer | 2 | $0 |
Stephen Gianotti Co Chairman | Officer | 2 | $0 |
Jay Badame Co Chairman | Officer | 2 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,813,341 |
| Investment income | $47,324 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,860,665 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $64,800 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $468,442 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $290,000 |
| Pension plan accruals and contributions | $115,551 |
| Other employee benefits | $94,792 |
| Payroll taxes | $38,400 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,864 |
| Fees for services: Accounting | $38,063 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $237,617 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $29,939 |
| Royalties | $0 |
| Occupancy | $173,236 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $9,159 |
| Payments to affiliates | $25,000 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,428 |
| All other expenses | $0 |
| Total functional expenses | $2,024,785 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $697,747 |
| Savings and temporary cash investments | $11,170 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $862,922 |
| Investments—other securities | $380,393 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,952,232 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $615,294 |
| Total liabilities | $615,294 |
| Net assets without donor restrictions | $1,336,938 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,952,232 |
Grants Awarded
Over the last fiscal year, Building Trades Employers Assn Of The City Of New York has awarded $25,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY | | $15,000 |
Syracuse, NY | | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Building Trades Employers Assn Of The City Of New York has recieved totaling $7,100.
| Awarding Organization | Amount |
|---|---|
International Brotherhood Of Tmstrs Lake Success, NY PURPOSE: CONTRIBUTION | $7,100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cities For Financial Empowerment Fund Inc New York, NY | $14,654,854 | $7,980,604 |
Bottom Line Inc Boston, MA | $17,407,844 | $19,309,420 |
Cidny-Independent Living Services Inc Brooklyn, NY | $9,867,599 | $12,474,702 |
Neighborhood Stabilization Corporation Boston, MA | $29,880,510 | $6,854,139 |
Buffalo Urban Development Corporation Buffalo, NY | $100,186,156 | $9,769,050 |
Berks Community Action Program Inc Reading, PA | $2,377,966 | $7,401,234 |
Juvenile Justice Center Of Phila Philadelphia, PA | $3,150,884 | $6,364,511 |
The Fund For Parks And Recreation In Boston Boston, MA | $15,922,090 | $6,711,889 |
128 West Transportation Council Inc Waltham, MA | $2,138,696 | $3,791,714 |
Mass Mentoring Partnership Inc Boston, MA | $3,908,855 | $3,737,455 |
Excavators 731 Property Corp Astoria, NY | $23,888,581 | $2,129,993 |
Addie Mae Collins Community Services New York, NY | $1,021,619 | $2,927,389 |