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PLUMBING INDUSTRY PROMOTION FUND OF NEW YORK CITY

NEW YORK, NY · EIN 136272083 · Form 990 · FY2024 · Medium ($1M-$10M)
revenue
$2.1M
expenses
$3.0M
net assets
$3.3M
employees
0
mission · from form 990

INDUSTRY ADVOCACY AND PROMOTION.

profile · synthesized from sources

Plumbing Industry Promotion Fund of New York City supports the plumbing trade through public education and workforce development initiatives. The organization promotes industry standards among professionals and the public while administering a college scholarship program for students pursuing careers in plumbing. Based in New York City, it focuses on advancing the trade through advocacy and educational support.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $0
    THE ORGANIZATION'S PUBLIC INFORMATION PROGRAMS EDUCATE AND ACQUAINT ENGINEERS, ARCHITECTS, PUBLIC OFFICIALS, CONTRACTORS, BUILDERS, OWNERS OF RESIDENCES, MULTIPLE DWELLING AND COMMERCIAL PREMISES, AND THE PUBLIC AT LARGE WITH STANDARDS AND OBJECTIVES OF THE INDUSTRY.
  2. #2 $0
    THE ORGANIZATION'S COLLEGE SCHOLARSHIP PROGRAM ANNUALLY AWARDS EACH RECIPIENT UP TO $2,000 PER YEAR FOR UP TO 4 YEARS OF UNDERGRADUATE STUDY. DURING THE YEAR, THE ORGANIZATION PROVIDED SCHOLARSHIPS FOR 24 COLLEGE STUDENTS. THE ORGANIZATION ALSO RECEIVED TEMPORARILY RESTRCITED CONTRIBUTIONS OF $35,500 IN 2016 EARMARKED BY DONOR FOR SCHOLARSHIPS FOR THE TOP GRADUATE OR GRADUATES OF THE LOCAL #1 PLUMBERS TRADE EDUCATION SCHOOL. SCHOLARSHIP RECIPIENTS WILL BE AWARDED UP TO $2,000 TOTAL EACH YEAR.
named programs · 2 · from sources

What they call their work

College Scholarship Program
Provides up to $2,000 per year for up to four years of undergraduate study to students pursuing careers in plumbing; awarded to 24 students in 2024 and 35 students in prior years.
Public Information Program
Educates engineers, architects, public officials, contractors, builders, property owners, and the general public about plumbing industry standards and objectives.
activities · 2 groups

What they do

  • Local High School Scholarship Programs 1 activity
    • Awards college scholarships for undergraduate study
      Funds up to $2,000 per student per year for undergraduate education, supporting 24 students in 2024 through its scholarship program.
  • Construction Industry Advocacy & Standards 1 activity
    • Conducts public education programs on plumbing standards
      Provides information and education to engineers, architects, public officials, contractors, builders, property owners, and the general public about plumbing industry standards and objectives.
financials · form 990 · fy2024
revenue
Total revenue$2.14M
Contributions & grants$00%
Program service revenue$2.04M95%
Investment income$107K5%
Other revenue$0
expenses
Total expenses$3.03M
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$155K
Largest expense lineFacilities
balance sheet
Total assets$3.40M
Cash$1.35M
Investments$1.88M
Liabilities$133K
Net assets$3.27M
Liquid reserves12.8 mo
5 years on record · 2020–2024 · YoY revenue -0.3%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
TERENCE O'BRIEN ADMINISTRATOR 4 $467K
board members · 6
  • CHRISTOPHER STRNAD — TRUSTEE
  • EUGENE BOCCIERI — TRSUTEE
  • NICK COVINO — TRUSTEE
  • THOMAS MANIUSZKO — CHAIRMAN
  • VINCENT ASPROMONTE SR — SECRETARY
  • VINCENT GAMBA — VICE CHAIRMAN
relationships · 1

Who they work with

  • LOCAL #1 PLUMBERS TRADE EDUCATION SCHOOL Partner — Provides scholarships to top graduates of this trade education school, funded by temporarily restricted contributions designated by a donor.
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.