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HEAVY CONSTRUCTION INDUSTRY FUND
NEW YORK, NY · EIN 237045141 · Form 990 · FY2024 · Medium ($1M-$10M)
revenue
$5.8M
expenses
$4.2M
net assets
$27.9M
employees
0
volunteers
4
mission · from form 990

THE HEAVY CONSTRUCTION INDUSTRY FUND ASSISTS IN PROMOTING THE INTERESTS OF THE HEAVY CONSTRUCTION INDUSTRY AND IT'S EMPLOYEES.

profile · synthesized from sources

The Heavy Construction Industry Fund promotes the interests of the heavy construction industry and its employees. Based in New York, the organization supports workforce-related initiatives within the sector. Its activities appear focused on advocacy and support for industry stakeholders.

activities · 1 group

What they do

  • Unionized Construction Trade Advancement 1 activity
    • Advocacy for heavy construction industry interests
      Engages in advocacy to promote the interests of the heavy construction industry and its employees, including representation on policy and industry-related matters.
financials · form 990 · fy2024
revenue
Total revenue$5.77M
Contributions & grants$4.92M85%
Program service revenue$00%
Investment income$852K15%
Other revenue$0
expenses
Total expenses$4.16M
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$27.87M
Cash$6.54M
Investments$17.75M
Liabilities$14K
Net assets$27.86M
Liquid reserves70.0 mo
5 years on record · 2020–2024 · YoY revenue +32.5%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
ROBERT G WESSELS SECRETARY/EXECUTIVE DIRECTOR 1 $586K
board members · 4
  • JESSE OTTESEN — PRESIDENT
  • KENNETH DURKIN — TREASURER
  • LEON JACOBS — FIRST VICE PRESIDENT
  • ROLANDO ACOSTA — SECOND VICE PRESIDENT