WESTCHESTER HEAVY CONSTRUCTION LABORERS LOCAL 60 TRAINING FUND

EIN: 136940761 501(c)(3) Education

HAWTHORNE, NY

Total Revenue
$1,910,066
Total Expenses
$1,818,939
Total Assets
$9,509,221
Net Assets
$8,887,710
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
NY
Principal Officer
ANTHONY ASCENCAO
Phone
9147692440
Tax Period
2024-01-01 to 2024-12-31

WESTCHESTER HEAVY CONSTRUCTION LABORERS LOCAL 60 TRAINING FUND, founded in 1991, is a community nonprofit in the Education sector that reported $1.9M in total revenue in fiscal year 2024. Expenses of $1.8M left a modest 5% surplus.

Mission

THE PURPOSE OF THE PLAN IS TO DEVELOP AND ADMINISTER TRAINING PROGRAMS IN THE FORM OF SEMINARS, CLASSROOM AND HANDS-ON TRAINING GEARED TOWARD MAINTAINING AND IMPROVING REQUIRED SKILLS FOR MEMBERS OF LABORERS INTERNATIONAL UNION OF N.A LOCAL UNION NO. 60.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,732,170
Investment Income $170,705
Other Revenue $7,191
TOTAL REVENUE $1,910,066

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,064,523
Fundraising Expenses $0
Program Expenses $1,602,622
Other Expenses $754,416
TOTAL EXPENSES $1,818,939

Year-over-Year Comparison

2024 2023 Change
Revenue $1,910,066 $1,779,347 +0.1%
Expenses $1,818,939 $1,696,234 +0.1%
Net Income $91,127 $83,113 +0.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
2
Employees
N/A
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
0
$0
Total Directors
7
$1,112,699
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANTHONY ASCENCAO UNION TRUSTEE 0.50
Director
$0 $180,576 $490,240
JACINTO FRAGOSO UNION TRUSTEE 0.50
Director
$0 $121,167 $311,233
MICHAEL MOREIRA UNION TRUSTEE 0.50
Director
$0 $121,167 $311,226
CARLOS ASCENCAO ALT UNION TRUSTEE 0.50
Director
$0 $0 $0
JOHN T COONEY JR EMPLOYER TRUSTEE 0.50
Director
$0 $0 $0
GEORGE PACCHIANA EMPLOYER TRUSTEE 0.50
Director
$0 $0 $0
ROSS PEPE FORMER EMPLOYER TRUSTEE 0.50
Director
$0 $0 $0
FRANK BISIGNANO TRAINING DIRECTOR 38.00
Highest
$0 $146,087 $388,795
CHRISTINE COSTA ADMINISTRATOR 0.50
Highest
$0 $53,810 $224,354
CARLOS GONZALEZ TRAINING INSTRUCTOR 39.00
Highest
$0 $57,840 $217,469
ANDREW FERRARO TRAINING INSTRUCTOR 39.00
Highest
$0 $57,677 $211,669
MICHAEL CRUZ EAP DIRECTOR 20.00
Highest
$0 $53,810 $181,280
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
2024 $1,910,066 $1,818,939 $9,509,221 $91,127
2023 $1,779,347 $1,696,234 $8,690,784 $83,113
2022 $1,855,633 $1,620,854 $7,967,901 $234,779
2021 $2,055,270 $1,477,896 $8,537,582 $577,374
2020 $1,703,482 $1,281,373 $7,436,396 $422,109
2019 $1,811,605 $1,389,124 $6,623,914 $422,481
2018 $1,883,149 $1,441,797 $5,688,756 $441,352
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