NEW YORK STATE LABORERS ORGANIZING FUND

EIN: 208063145 Employment

BAYSIDE, NY

Total Revenue
$9,908,385
Total Expenses
$8,712,602
Total Assets
$18,784,379
Net Assets
$18,784,379
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
NY
Principal Officer
KEITH LOSCALZO
Phone
7189377447
Tax Period
2025-01-01 to 2025-12-31

NEW YORK STATE LABORERS ORGANIZING FUND, founded in 2007, is a community nonprofit in the Employment sector that reported $9.9M in total revenue in fiscal year 2025. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $8.7M left a modest 12% surplus.

Mission

THE PRIMARY PURPOSE IS TO CONCEIVE, DEVELOP, PLAN AND CONDUCT ORGANIZING AND INCIDENTAL ACTIVITIES WITHIN THE JURISDICTIONAL AREAS OF THE SIGNATORY LABOR ORGANIZATIONS AND THEIR AFFILIATED LOCAL UNIONS FOR THE BENEFIT OF THESE DISTRICT COUNCILS AND LOCAL UNIONS OF LIUNA.

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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 (2025)

Revenue Breakdown

Contributions & Grants $8,014,735
Program Service Revenue $0
Investment Income $1,883,143
Other Revenue $10,507
TOTAL REVENUE $9,908,385

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,137,789
Fundraising Expenses $0
Other Expenses $2,574,813
TOTAL EXPENSES $8,712,602

Year-over-Year Comparison

2025 2024 Change
Revenue $9,908,385 $8,715,773 +0.1%
Expenses $8,712,602 $8,085,845 +0.1%
Net Income $1,195,783 $629,928 +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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Governance

Voting Members
7
Independent Members
7
Employees
23
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
9
$526,804
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN HUTCHINGS DIRECTOR 40.00
Officer
$323,563 $203,241 $526,804
SAMUEL CAPITANO OFFICER 1.00
Officer
$0 $0 $0
GEORGE TRUICKO JR OFFICER 1.00
Officer
$0 $0 $0
KEITH LOSCALZO CHAIRMAN 1.00
Officer
$0 $0 $0
RICHARD FITZSIMMONS OFFICER 1.00
Officer
$0 $0 $0
ANGELO ANGELONE VICE CHAIRMAN 1.00
Officer
$0 $0 $0
TODD DIORIO RECORDING SECRETARY 1.00
Officer
$0 $0 $0
CARMINE D'AMATO TREASURER 1.00
Officer
$0 $0 $0
CHRISTOPHER FITZSIMMONS OFFICER 1.00
Officer
$0 $0 $0
STEVEN D'AMATO EMPLOYEE 40.00
Highest
$213,989 $182,628 $396,617
VINCENT ALBANESE EMPLOYEE 40.00
Highest
$198,727 $135,637 $334,364
ROBERT MICALLEF EMPLOYEE 40.00
Highest
$173,029 $177,068 $350,097
HARRISON WATKINS EMPLOYEE 40.00
Highest
$162,334 $103,622 $265,956
JOHN RODRIGUEZ EMPLOYEE 40.00
Highest
$164,578 $174,608 $339,186
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 $9,908,385 $8,712,602 $18,784,379 $1,195,783
2024 $8,715,773 $8,085,845 $17,545,687 $629,928
2023 $8,108,430 $7,793,683 $16,468,253 $314,747
2022 $6,911,887 $7,008,044 $14,673,113 $-96,157
2021 $8,553,119 $7,188,696 $17,153,882 $1,364,423
2020 $8,277,269 $6,631,261 $15,610,537 $1,646,008
2019 $8,232,759 $7,901,521 $13,020,319 $331,238
2018 $7,821,998 $8,072,035 $11,701,115 $-250,037
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