NEW ENGLAND LABORERS LABOR MANAGEMENT COOPERATION TRUST

EIN: 043086907

PROVIDENCE, RI

Total Revenue
$4,236,103
Total Expenses
$2,990,615
Total Assets
$20,523,356
Net Assets
$20,324,204
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
RI
Phone
4017511011
Tax Period
2023-01-01 to 2023-12-31

NEW ENGLAND LABORERS LABOR MANAGEMENT COOPERATION TRUST, founded in 1988, is a community nonprofit that reported $4.2M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.2M, a strong 29% operating margin.

Mission

THE PROMOTION OF LIUNA MEMBERS AND FAIR CONTRACTING FOR AN INCREASED MARKET SHARE OF CONSTRUCTION PROJECTS BY BUILDING RELATIONSHIPS WITH CONTRACTORS,OWNERS AND GOVERMENT BOTH LOCALLY AND NATIONALLY CONCERNING ISSUES AFFECTING THE INDUSTRY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $3,487,382
Investment Income $748,721
Other Revenue $0
TOTAL REVENUE $4,236,103

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,487,334
Fundraising Expenses $0
Other Expenses $1,503,281
TOTAL EXPENSES $2,990,615

Year-over-Year Comparison

2023 2022 Change
Revenue $4,236,103 $3,777,442 +0.1%
Expenses $2,990,615 $2,838,819 +0.1%
Net Income $1,245,488 $938,623 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
12
Independent Members
12
Employees
8
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$261,499
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBIN COIA ADMINISTRATOR 40.00
Officer
$206,420 $55,079 $261,499
MICHAEL A TRAFICANTE DIR. GOV'T AFFRS 40.00
$144,256 $51,186 $195,442
Dean Coia Public Relations 40.00
$130,905 $51,186 $182,091
DONATO BIANCO JR Chairman 5.00
Director
$0 $0 $0
JOSEPH BONFIGLIO Trustee 1.00
Director
$0 $0 $0
MICHAEL SABITONI Trustee 1.00
Director
$0 $0 $0
CHRISTOPHER SABITONI Trustee 1.00
Director
$0 $0 $0
KEITH BROTHERS Trustee 1.00
Director
$0 $0 $0
ADAM LUPINO Trustee 1.00
Director
$0 $0 $0
DAVID RAMPONE Secretary 1.00
Director
$0 $0 $0
RODNEY FRIAS Trustee 1.00
Director
$0 $0 $0
THOMAS GUNNING Trustee 1.00
Director
$0 $0 $0
DONALD SHUBERT Trustee 1.00
Director
$0 $0 $0
JACK HARNEY Trustee 1.00
Director
$0 $0 $0
MICHAEL D'AMBRA Trustee 1.00
Director
$0 $0 $0
ARMAND SABITONI CHAIRMAN 1.00
$0 $0 $0
VINCENT MASSINO TRUSTEE 1.00
$0 $0 $0
JOHN O'REILLY SECRETARY 1.00
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $4,236,103 $2,990,615 $20,523,356 $1,245,488
2022 $3,777,442 $2,838,819 $17,813,265 $938,623
2021 $3,813,834 $2,695,836 $19,305,410 $1,117,998
2020 $3,436,230 $2,883,995 $16,425,176 $552,235
2019 $3,725,935 $2,951,593 $14,883,482 $774,342
2018 $3,832,317 $2,787,112 $12,651,212 $1,045,205
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