Build RI

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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

1999

Legal Domicile

Phone

4015532100

Tax Period

2023-01-01 to 2023-12-31

Build RI, founded in 1999, is a small nonprofit in the Employment sector that reported $636K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $613K left a modest 4% surplus.

Mission

PROVIDE A FORUM TO FACILITATE A PARTNERSHIP BETWEEN LABOR AND MANAGEMENT IN AREAS OF MUTUAL CONCERN FOR THE BETTERMENT OF THE INDUSTRY.

Program Service Accomplishments

Program 1

SUPPORT OF LOCAL ECONOMIC DEVELOPMENT INITIATIVES, ASSISTS ITS MEMBERS AND COMMUNITY ORGANIZATIONS IN DEVELOPING SKILLED WORKERS, AND MEETS WITH INSTITUTIONAL AND PUBLIC ENTITIES TO CONVEY THE...

SUPPORT OF LOCAL ECONOMIC DEVELOPMENT INITIATIVES, ASSISTS ITS MEMBERS AND COMMUNITY ORGANIZATIONS IN DEVELOPING SKILLED WORKERS, AND MEETS WITH INSTITUTIONAL AND PUBLIC ENTITIES TO CONVEY THE BENEFITS OF USING UNION CONTRACTORS AND WORKERS.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $614,094

Investment Income $21,488

Other Revenue $0

TOTAL REVENUE $635,582

Expense Breakdown

Grants Paid $0

Salaries & Benefits $333,124

Fundraising Expenses $0

Other Expenses $279,581

TOTAL EXPENSES $612,705

Year-over-Year Comparison

	2023	2022	Change
Revenue	$635,582	$720,392	-0.1%
Expenses	$612,705	$514,848	+0.2%
Net Income	$22,877	$205,544	-0.9%

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

Governance

Voting Members

Independent Members

Employees

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

$245,445

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREGORY A MANCINI	Executive Dir.	40.00	Officer	$196,461	$48,984	$245,445
JAMES L CARR JR	Chairman	1.00	Director	$0	$0	$0
MICHAEL F SABITONI	Vice Chairman	1.00	Director	$0	$0	$0
ROBERT BOLTON	Treasurer	1.00	Director	$0	$0	$0
DENNIS LASSIGE	Secretary	1.00	Director	$0	$0	$0
DONATO BIANCO	Director	1.00	Director	$0	$0	$0
PAUL ALVAREZ	Director	1.00	Director	$0	$0	$0
JOSEPH WALSH	Director	1.00	Director	$0	$0	$0
SCOTT DUHAMEL	Director	1.00	Director	$0	$0	$0
DAVID GENTILE	Director	1.00	Director	$0	$0	$0
DAVID LANGLAIS	Director	1.00	Director	$0	$0	$0
SPENCER MARKS	Director	1.00	Director	$0	$0	$0
DAVID RAMPONE	Director	1.00	Director	$0	$0	$0
DAVID SPINO	Director	1.00	Director	$0	$0	$0
JAMES WHITE	Director	1.00	Director	$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	$635,582	$612,705	$865,895	$22,877
2022	$720,392	$514,848	$789,303	$205,544
2021	$662,676	$646,231	$701,248	$16,445
2020	$469,689	$422,887	$658,369	$46,802
2019	$521,244	$401,466	$570,033	$119,778
2018	$443,710	$335,910	$403,014	$107,800