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LOCAL 60-CIC-BAC-LM TRUST

HAWTHORNE, NY · EIN 466139805 · Form 990 · FY2024 · NTEE J40 · Employment · Small ($100K-$1M)
revenue
$978K
expenses
$92K
net assets
$6.1M
employees
0
mission · from form 990

THE FUND MAY PROVIDE ANY BENEFIT THAT IS PERMISSIBLE UNDER THE APPLICABLE PROVISIONS OF THE CODE, INCLUDING, BUT NOT LIMITED TO IMPROVING COMMUNICATIONS BETWEEN THE UNION AND EMPLOYERS. IT IDENTIFIES AND EXPANDS WORK OPPORTUNITIES FOR CONSTRUCTION WORKERS AND EMPLOYERS AND PROMOTES EFFICIENCY IN OPERATIONS AND THE ECONOMIC COMPETITIVENESS OF THE UNION AND THE EMPLOYERS IN THE TERRITORIAL JURISDICTION OF THE UNION. IT ALSO PROMOTES THE HEALTH AND SAFETY OF CONSTRUCTION WORKERS EMPLOYED BY EMPLOYERS AND OF THEIR FAMILIES AND CONDUCTS RESEARCH, PERFORMS STUDIES, COLLECTS INFORMATION, DEVELOPS PROCEDURES AND OTHERWISE ACTS TO MINIMIZE THE HAZARDS IN THE WORKPLACE OF CONSTRUCTION WORKERS EMPLOYED BY EMPLOYERS.

profile · synthesized from sources

Trust fund established to support construction workers and employers within the territorial jurisdiction of a labor union. Focuses on expanding work opportunities, improving union-employer communications, and promoting workplace health and safety. Also conducts research and develops procedures to reduce hazards for unionized construction workers and their families.

named programs · 3 · from sources

What they call their work

Health and Safety Program
Promotes workplace safety for construction workers through research, hazard analysis, and procedure development
Union-Employer Communications
Improves coordination and information flow between the union and construction employers
Work Opportunity Development
Identifies and expands job opportunities for construction workers and employers in the union’s jurisdiction
activities · 2 groups

What they do

  • Union-Contractor Construction Partnerships 1 activity
    • Expanding work opportunities for construction workers and employers
      Identifies and expands work opportunities for construction workers and employers, promoting operational efficiency and economic competitiveness of union and employer operations.
  • Uncategorized 1 activity
    • Research to minimize workplace hazards in construction
      Conducts research, performs studies, collects information, and develops procedures to minimize workplace hazards for construction workers.
financials · form 990 · fy2024
revenue
Total revenue$978K
Contributions & grants$00%
Program service revenue$877K90%
Investment income$101K10%
Other revenue$0
expenses
Total expenses$92K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$27K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$6.09M
Cash$6.08M
Investments$0
Liabilities$2K
Net assets$6.08M
Liquid reserves795.6 mo
4 years on record · 2020–2024 · YoY revenue +13.1%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 8
NameTitleHours/wkCompensation
ANTHONY ASCENCAO UNION TRUSTEE 1 $490K
FRANK BISIGNANO TRAINING DIRECTOR 0 $389K
JACINTO FRAGOSO UNION TRUSTEE 1 $311K
MICHAEL MOREIRA UNION TRUSTEE 1 $311K
CHRISTINE COSTA ADMINISTRATOR 1 $224K
CARLOS GONZALEZ TRAINING INSTRUCTOR 0 $217K
ANDREW FERRARO TRAINING INSTRUCTOR 0 $212K
MICHAEL CRUZ EAP DIRECTOR 0 $181K
board members · 4
  • CARLOS ASCENCAO — ALTERNATE UNION TRUSTEEE
  • GEORGE PACCHIANA — EMPLOYER TRUSTEE
  • JOHN T COONEY JR — EMPLOYER TRUSTEE
  • ROSS PEPE — FORMER EMPLOYER TRUSTEE
relationships · 1

Who they work with

  • THE UNION Partner — Collaborates with the union to improve communications, expand work opportunities, and promote economic competitiveness.
strategies · 2

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.