NYC BUILDING AND CONSTRUCTION INDUSTRY SAFETY FUND

EIN: 825207118 501(c)(3) Community Improvement

NEW YORK, NY

Total Revenue
$246,187
Total Expenses
$125,891
Total Assets
$994,796
Net Assets
$988,296
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
NY
Principal Officer
RICHARD A WEISS
Phone
2126838080
Tax Period
2025-01-01 to 2025-12-31

NYC BUILDING AND CONSTRUCTION INDUSTRY SAFETY FUND, founded in 2018, is a small nonprofit in the Community Improvement sector that reported $246K in total revenue in fiscal year 2025. The organization ran a surplus of $120K, a strong 49% operating margin.

Mission

THE ORGANIZATION WAS FORMED FOR CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 102(A)(3-B) OF THE NEW YORK NOT-FOR-PROFIT CORPORATION LAW. THE ORGANIZATION WILL PROVIDE FINANCIAL ASSISTANCE TO FAMILIES OF DECEASED BUILDING AND CONSTRUCTION TRADES UNION WORKERS IN THE NEW YORK CITY AREA. THE ORGANIZATION WILL ALSO PROMOTE CONSTRUCTION SITE SAFETY IN NEW YORK CITY. THE PROMOTION OF CONSTRUCTION SITE SAFETY WILL BE DONE THROUGH THE PREPARATION AND DISSEMINATION OF WHITE PAPERS, EDUCATIONAL LITERATURE AND EVENTS, GRANTS TO ORGANIZATIONS THAT PROMOTE SAFETY TRAINING, AWARDS FOR HIGH ROAD SAFETY PRACTICES AND STUDIES, AND OTHER ACTIVITIES THAT PROMOTE CONSTRUCTION SITE SAFETY IN NEW YORK CITY. THE CORPORATION WILL ALSO PROVIDE, FREE OF CHARGE, PERSONAL PROTECTION EQUIPMENT (FOR EXAMPLE WORK BOOTS AND HARD HATS) TO UNION AND NON-UNIONIZED CONSTRUCTION WORKERS IN NEW YORK CITY.

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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 $215,380
Program Service Revenue $0
Investment Income $30,807
Other Revenue $0
TOTAL REVENUE $246,187

Expense Breakdown

Grants Paid $100,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $100,000
Other Expenses $25,891
TOTAL EXPENSES $125,891

Year-over-Year Comparison

2025 2024 Change
Revenue $246,187 $248,358 0.0%
Expenses $125,891 $95,543 +0.3%
Net Income $120,296 $152,815 -0.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
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
17
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GARY LABARBERA CO-CHAIR - EFF 06/25 1.00
Officer Director
$0 $0 $0
CRAIG NOLLER VICE PRESIDENT - THRU 06/25 1.00
Officer Director
$0 $0 $0
SCOTT CORNEBY VICE PRESIDENT - THRU 06/25 1.00
Officer Director
$0 $0 $0
ROBERT BONANZA SECRETARY/TREASURER - THRU 06/25 1.00
Officer Director
$0 $0 $0
GARY LABARBERA VICE PRESIDENT - THRU 06/25 1.00
Officer Director
$0 $0 $0
JOHN O'HARE PRESIDENT - THRU 06/25 1.00
Officer Director
$0 $0 $0
RICHARD A WEISS ADMINISTRATOR - EFF 06/25 1.00
Officer Director
$0 $0 $0
JOE FITZPATRICK VICE PRESIDENT - THRU 06/25 1.00
Officer Director
$0 $0 $0
RALPH THOMPSON BOARD MEMBER - EFF 06/25 1.00
Officer Director
$0 $0 $0
PETER MYERS BOARD MEMBER - EFF 06/25 1.00
Officer Director
$0 $0 $0
JOSEPH GEIGER BOARD MEMBER - EFF 06/25 1.00
Officer Director
$0 $0 $0
JOE FITZPATRICK BOARD MEMBER - EFF 06/25 1.00
Officer Director
$0 $0 $0
SCOTT CORNEBY BOARD MEMBER - EFF 06/25 1.00
Officer Director
$0 $0 $0
ROBERT BONANZA BOARD MEMBER - EFF 06/25 1.00
Officer Director
$0 $0 $0
JOHN O'HARE CO-CHAIR - EFF 06/25 1.00
Officer Director
$0 $0 $0
CRAIG NOLLER BOARD MEMBER - EFF 06/25 1.00
Officer Director
$0 $0 $0
JAMES MAHONEY VICE PRESIDENT - THRU 06/25 1.00
Officer 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
2025 $246,187 $125,891 $994,796 $120,296
2024 $248,358 $95,543 $871,125 $152,815
2023 $239,948 $103,195 $717,885 $136,753
2022 $220,050 $4,331 $580,832 $215,719
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