NORTHEAST DISTRICT COUNCIL OF THE OPCMIA APPRENTICESHIP FUND

EIN: 510170643

BRONX, NY

Total Revenue
$913,512
Total Expenses
$788,284
Total Assets
$4,825,107
Net Assets
$4,801,957
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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
1969
Legal Domicile
NY
Principal Officer
KEVIN O'BRIEN
Phone
5167752280
Tax Period
2023-01-01 to 2023-12-31

NORTHEAST DISTRICT COUNCIL OF THE OPCMIA APPRENTICESHIP FUND, founded in 1969, is a small nonprofit that reported $914K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. Expenses of $788K left a modest 14% surplus.

Mission

EDUCATE AND TRAIN APPRENTICES AS CEMENT MASONS AND PROVIDE TRAINING ON WORK SAFETY WITHIN THE TRADE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $15,249
Program Service Revenue $888,797
Investment Income $-13,277
Other Revenue $22,743
TOTAL REVENUE $913,512

Expense Breakdown

Grants Paid $0
Salaries & Benefits $299,974
Fundraising Expenses $0
Other Expenses $217,792
TOTAL EXPENSES $788,284

Year-over-Year Comparison

2023 2022 Change
Revenue $913,512 $1,098,841 -0.2%
Expenses $788,284 $822,297 0.0%
Net Income $125,228 $276,544 -0.5%
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
7
Independent Members
6
Employees
5
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
8
$27,480
Key Employees
2
$585,901
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL PATTI EMPLOYER TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL SALGO EMPLOYER TRUSTEE 1.00
Director
$0 $0 $0
KEVIN O'BRIEN EMPLOYER TRUSTEE 1.00
Director
$0 $0 $0
JOSEPH MITRIONE EMPLOYER TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL RENDINA UNION TRUSTEE 1.00
Director
$0 $0 $0
DALE ALLEYNE UNION TRUSTEE 1.00
Director
$0 $0 $0
KENNETH DELANTY UNION TRUSTEE 1.00
Director
$27,480 $0 $27,480
GINO CASTIGNOLI UNION TRUSTEE 1.00
Director
$0 $0 $0
LISA PARISI FUND ADMINISTRATOR 3.00
Key Emp
$19,817 $54,413 $281,155
MICHAEL HOLZKNECHT TRAINING DIRECTOR 40.00
Key Emp
$179,340 $76,814 $304,746
DIANE FERCHLAND PEN & CONTRIBUTIONS 3.00
Highest
$11,569 $54,413 $186,779
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 No data No data No data No data
2023 $913,512 $788,284 $4,825,107 $125,228
2022 $1,098,841 $822,297 $4,240,230 $276,544
2021 $1,201,071 $763,704 $4,283,366 $437,367
2020 $1,026,781 $740,134 $3,389,195 $286,647
2019 $1,104,675 $758,782 $2,948,042 $345,893
2018 $1,024,631 $790,528 $2,408,312 $234,103
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