INT'L UNION OF BRICKLAYERS AND ALLIED CR MA-ME-NH-RI APPR & TRAIN FUND

EIN: 222518280 501(c)(3)

CHARLESTOWN, MA

Total Revenue
$1,973,589
Total Expenses
$806,835
Total Assets
$10,653,357
Net Assets
$10,544,036
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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
1982
Legal Domicile
MA
Principal Officer
ANTHONY ANTONUCCIO
Phone
6172425500
Tax Period
2024-01-01 to 2024-12-31

INT'L UNION OF BRICKLAYERS AND ALLIED CR MA-ME-NH-RI APPR & TRAIN FUND, founded in 1982, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2024. The organization ran a surplus of $1.2M, a strong 59% operating margin.

Mission

TO PROMOTE IMPROVED BRICKLAYERS AND ALLIED CRAFTSMEN TRAINING BY ESTABLISHING AREA WIDE APPRENTICESHIP AND TRAINING PROGRAM WHICH WILL BE UTILIZED TO DEVELOP A MORE COMPREHENSIVE TRAINING PROGRAM FOR BRICKLAYERS AND ALLIED CRAFTSMEN

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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 $1,332,154
Investment Income $430,943
Other Revenue $210,492
TOTAL REVENUE $1,973,589

Expense Breakdown

Grants Paid $0
Salaries & Benefits $478,762
Fundraising Expenses $0
Program Expenses $284,075
Other Expenses $328,073
TOTAL EXPENSES $806,835

Year-over-Year Comparison

2024 2023 Change
Revenue $1,973,589 $1,874,683 +0.1%
Expenses $806,835 $780,689 +0.0%
Net Income $1,166,754 $1,093,994 +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

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
17
Independent Members
17
Employees
2
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
$278,873
Total Directors
17
$1,956,188
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES RASO TRUSTEE 10.00
Director
$0 $126,520 $369,298
ROBERT RIZZI TRUSTEE 10.00
Director
$0 $52,375 $191,907
WILLIAM MCCONNELL TRUSTEE 10.00
Director
$0 $0 $0
GREG SALVUCCI TRUSTEE 10.00
Director
$0 $0 $0
FRED SALVUCCI TRUSTEE 10.00
Director
$0 $0 $0
PATRICK FOLAN TRUSTEE 10.00
Director
$0 $0 $0
JOSEPH IACOPUCCI TRUSTEE 10.00
Director
$0 $0 $0
JOSEPH GRENHAM TRUSTEE 10.00
Director
$0 $85,506 $225,038
CHARLES RASO II TRUSTEE 10.00
Director
$0 $0 $0
JAMES DAILEY TRUSTEE 10.00
Director
$0 $58,580 $198,112
RICHARD LAVOIE TRUSTEE 10.00
Director
$0 $92,978 $232,552
RICHARD PACHECO TRUSTEE 10.00
Director
$0 $93,031 $232,563
JAMES PIMENTAL TRUSTEE 10.00
Director
$0 $88,313 $227,845
STEVE GRANDE TRUSTEE 10.00
Director
$0 $0 $0
THOMAS MCCORMICK TRUSTEE 10.00
Director
$0 $0 $0
ANTHONY ANTONUCCIO EXECUTIVE DIRECTOR 40.00
Officer Director
$168,600 $110,273 $278,873
ROBERT VESEY TRUSTEE 10.00
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
2024 $1,973,589 $806,835 $10,653,357 $1,166,754
2023 $1,874,683 $780,689 $9,522,416 $1,093,994
2022 $1,708,974 $808,713 $8,468,059 $900,261
2021 $1,888,624 $984,053 $7,403,829 $904,571
2020 $1,190,456 $585,721 $6,502,892 $604,735
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