JOHNSTON, RI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LOCAL 57 OPERATING ENGINEERS APPRENTICESHIP & SKILL IMPROVEMENT FUND, founded in 1971, is a community nonprofit in the Employment sector that reported $2.4M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.1M, a strong 45% operating margin.
To provide apprenticeship training for men and women coming into the construction industry;to train apprentices presently in the industry to become qualified journeypersons; and to afford skill improvement opportunities to journeypersons already in the construction industry.
This program has been established exclusively for the purpose of educating apprentices to become duly qualified journeypersons in the construction industry, and to upgrade the education of...
This program has been established exclusively for the purpose of educating apprentices to become duly qualified journeypersons in the construction industry, and to upgrade the education of journeypersons.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,376,267 | $2,082,117 | +0.1% |
| Expenses | $1,300,462 | $1,278,163 | +0.0% |
| Net Income | $1,075,805 | $803,954 | +0.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JAMES J WHITE | Trustee | 1.00 |
Director
|
$0 | $58,656 | $233,787 |
| RYAN WHITE | Trustee | 1.00 |
Director
|
$0 | $58,656 | $215,740 |
| Russell Amato | Training Coordinator | 40.00 |
|
$133,415 | $54,980 | $188,395 |
| William Shepard Jr | Training Director | 40.00 |
|
$131,740 | $54,980 | $186,720 |
| BRAD BILODEAU | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| DUSTIN EVERSON | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $2,376,267 | $1,300,462 | $6,049,867 | $1,075,805 |
| 2024 | $2,082,117 | $1,278,163 | $4,978,503 | $803,954 |
| 2022 | $1,819,720 | $949,603 | $3,335,061 | $870,117 |
| 2021 | $1,448,072 | $831,089 | $2,495,944 | $616,983 |
| 2020 | $1,251,026 | $894,592 | $1,920,190 | $356,434 |
| 2019 | $1,114,792 | $718,690 | $1,643,900 | $396,102 |
| 2018 | $949,468 | $727,631 | $1,280,513 | $221,837 |
Compare LOCAL 57 OPERATING ENGINEERS APPRENTICESHIP & SKILL IMPROVEMENT FUND with other nonprofits in Rhode Island and across the country.