NEW YORK STATE LABORERS' HEALTH AND SAFETY TRUST

EIN: 223110941

ALBANY, NY

Total Revenue
$5,267,821
Total Expenses
$4,912,066
Total Assets
$12,032,764
Net Assets
$11,550,681
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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
1991
Legal Domicile
NY
Principal Officer
FRANK MARCHESE JR
Phone
5184491715
Tax Period
2025-01-01 to 2025-12-31

NEW YORK STATE LABORERS' HEALTH AND SAFETY TRUST, founded in 1991, is a community nonprofit that reported $5.3M in total revenue in fiscal year 2025. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $4.9M left a modest 7% surplus.

Mission

PROMOTE IMPROVED HEALTH AND SAFETY OF LABORERS AND THEIR FAMILIES. COLLECT INFORMATION ON POTENTIAL HEALTH AND SAFETY RISKS TO WHICH LABORERS AND THEIR FAMILIES MAY BE EXPOSED.

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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 $0
Program Service Revenue $3,889,732
Investment Income $1,378,089
Other Revenue $0
TOTAL REVENUE $5,267,821

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,478,319
Fundraising Expenses $0
Other Expenses $3,433,747
TOTAL EXPENSES $4,912,066

Year-over-Year Comparison

2025 2024 Change
Revenue $5,267,821 $4,110,419 +0.3%
Expenses $4,912,066 $4,558,341 +0.1%
Net Income $355,755 $-447,922 -1.8%
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

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Governance

Voting Members
10
Independent Members
10
Employees
6
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
10
$0
Total Directors
1
$385,072
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRANK MARCHESE JR EXECUTIVE DIRECTOR 40.00
Director
$249,370 $135,702 $385,072
TODD HELFRICH MANAGEMENT TRUSTEE 1.00
Officer
$0 $0 $0
KEITH LOSCALZO LABOR TRUSTEE 1.00
Officer
$0 $0 $0
PAWEL GRUCHACZ LABOR TRUSTEE 1.00
Officer
$0 $0 $0
ANTHONY FRESINA CO-CHAIR 1.00
Officer
$0 $0 $0
SAMUEL CAPITANO LABOR TRUSTEE 1.00
Officer
$0 $0 $0
BRENDAN MANNING CO-CHAIR 1.00
Officer
$0 $0 $0
JOHN O'HARE MANAGEMENT TRUSTEE 1.00
Officer
$0 $0 $0
KAREN GRANDO MANAGEMENT TRUSTEE 1.00
Officer
$0 $0 $0
JOHN COONEY JR MANAGEMENT TRUSTEE 1.00
Officer
$0 $0 $0
VINCENT ALU LABOR TRUSTEE 1.00
Officer
$0 $0 $0
THOMAS SMITH EMPLOYEE 40.00
Highest
$180,488 $117,029 $297,517
HAROLD BEREAN EMPLOYEE 40.00
Highest
$159,602 $109,670 $269,272
JOHN NIMMO EMPLOYEE 40.00
Highest
$147,165 $84,353 $231,518
GREGORY BONANAZA EMPLOYEE 40.00
Highest
$112,020 $79,495 $191,515
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 $5,267,821 $4,912,066 $12,032,764 $355,755
2024 $4,110,419 $4,558,341 $11,718,272 $-447,922
2023 $4,373,898 $4,062,613 $11,088,947 $311,285
2022 $3,771,733 $3,183,962 $9,777,234 $587,771
2021 $3,661,207 $2,775,791 $10,827,903 $885,416
2020 $2,660,132 $2,433,108 $8,897,594 $227,024
2019 $2,428,404 $2,587,391 $7,846,518 $-158,987
2018 $2,137,994 $1,803,685 $6,851,448 $334,309
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