nonprofit logo

New England Laborers Training Trust Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042454286 ✦ Hopkinton, MA ✦ Designated as a 501(c)(3)

Overview

What is New England Laborers Training Trust Fund?

The New England Laborers Training Trust Fund is a nonprofit organization headquartered at 37 East Street, Hopkinton, Massachusetts, 01748. Its primary focus is to offer prevocational, vocational, and advancement training, re-training, and education to individuals in the field of construction. Weekly allowances are provided to help trainees cover living expenses while attending classes. The organization's mission includes teaching safety standards and collective bargaining obligations, empowering individuals to enhance their skills and professional growth within the construction industry.


Official website here: www.nelaborerstraining.org

Is New England Laborers Training Trust Fund legitimate?

New England Laborers Training Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. New England Laborers Training Trust Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $629,464
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,986,761

For more financial information, click here


Official website here: www.nelaborerstraining.org

What is the mission statement of New England Laborers Training Trust Fund?

The New England Laborers Training Trust Fund is dedicated to providing comprehensive training, retraining, and education to individuals in the construction industry. This organization aims to equip workers with essential vocational skills and safety standards knowledge. Furthermore, it is their responsibility to educate individuals about their collective bargaining obligations. Through weekly allowances, the Trust Fund enables trainees to manage their living expenses while attending classes. In summary, the New England Laborers Training Trust Fund's mission is to provide opportunities for skill development, safety awareness, and collective bargaining education to individuals in the construction sector.


Official website here: www.nelaborerstraining.org

Who is the CEO of New England Laborers Training Trust Fund?

Rodney G Frias is the Secretary of New England Laborers Training Trust Fund.


Official website here: www.nelaborerstraining.org

What is the revenue of New England Laborers Training Trust Fund?

New England Laborers Training Trust Fund's revenue in 2022 was $21,790,205.


Official website here: www.nelaborerstraining.org

Who are the executives of New England Laborers Training Trust Fund and what are their salaries?

The average compensation at New England Laborers Training Trust Fund during 2022 was $51,660. There are 70 employees at New England Laborers Training Trust Fund.

Here are 17 key members and their salaries:

    Joseph Sabitoni (Administrator)
  • Compensation: $212,954
  • Related: $0
  • Other: $111,195

    • James Merloni Iii (Training Director)
  • Compensation: $193,291
  • Related: $0
  • Other: $112,024

    • Gary Disciullo (Comptroller)
  • Compensation: $122,536
  • Related: $0
  • Other: $91,505

    • Ajay Pathak (Instructor)
  • Compensation: $117,448
  • Related: $0
  • Other: $91,486

    • Joel Kubilis (Instructor)
  • Compensation: $117,448
  • Related: $0
  • Other: $90,030

    • Nicolas Pavone (Apprentice Coord)
  • Compensation: $117,448
  • Related: $0
  • Other: $90,030

    • David Eldridge (Facilities Manager)
  • Compensation: $117,448
  • Related: $0
  • Other: $90,030

    • Armand E Sabitoni (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael F Sabitoni (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donato A Bianco Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher A Sabitoni (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph C Bonfiglio (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jack Harney (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David F Rampone (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen A Cardi Sr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rodney G Frias (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas J Gunning Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nelaborerstraining.org

    Where can I find the form 990 for New England Laborers Training Trust Fund?

    The New England Laborers Training Trust Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nelaborerstraining.org

    Learn more at the official website: www.nelaborerstraining.org

    Mission Statement of New England Laborers Training Trust Fund

    The New England Laborers Training Trust Fund is a nonprofit organization dedicated to providing preventative, vocational, and advanced training, retraining, and education to individuals in the field of construction. Established with the mission to equip workers with the necessary skills and knowledge, the Trust Fund goes above and beyond by educating them about safety standards and their collective bargaining obligations.

    Through weekly training classes, the New England Laborers Training Trust Fund offers a unique opportunity for individuals to excel in their vocation and learn the intricacies of the construction industry. The organization understands the importance of living expenses during training, and as a result, provides a weekly allowance to help trainees manage their costs. This thoughtful approach ensures that financial burdens do not hinder the learning process.

    Moreover, the Trust Fund emphasizes the significance of safety standards, recognizing that a safe work environment is essential for the well-being of workers and the success of projects. By educating trainees about safety regulations, the organization fosters a culture of safety that permeates the construction industry. Additionally, the Trust Fund's commitment to collective bargaining obligations empowers workers to understand their rights and responsibilities, contributing to a harmonious and productive workforce.

    Impact

    This information is meant to be a general summary of New England Laborers Training Trust Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The New England Laborers Training Trust Fund has a significant impact by providing pre-vocational, vocational, and advancement training to individuals in the field of construction. This training not only equips individuals with the necessary skills for a career in construction but also educates them about safety standards and their collective bargaining obligations. The organization's provision of weekly allowances to participants helps them cover living expenses while attending classes, making the training accessible to a wider range of individuals. Overall, the Trust Fund plays a crucial role in preparing individuals for employment in the construction industry and promoting a culture of safety and awareness within the workforce.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,303,841
  • Program Service Revenue: $16,623,015
  • Gross Receipts: $29,128,027

    • Assets and Liabilities:
  • Total Assets: $106,507,660
  • Total Liabilities: $18,747,575
  • Net Assets: $87,760,085
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    EMPLOYERS CONTRIBUTIONS

    Revenue

    $16,307,286

    TRAINING FEES

    Revenue

    $315,729

    Organization Details

    Founding Year

    1968

    Principal Officer

    Rodney G Frias

    Main Address

    37 EAST STREET, HOPKINTON, MA, 01748

    NTEE Category

    Code: J120 - Employment

    If you are a representative of New England Laborers Training Trust Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.