Residential Construction Workforce Partnership

EIN: 853477757 501(c)(3) Education

East Providence, RI

Total Revenue
$1,155,461
Total Expenses
$1,005,317
Total Assets
$609,969
Net Assets
$542,644
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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
RI
Principal Officer
John Marcantonio
Phone
4014387400
Tax Period
2023-07-01 to 2024-06-30

Residential Construction Workforce Partnership, founded in 2020, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2023. Expenses of $1.0M left a modest 13% surplus.

Mission

Our mission is to educate, train, and place current and/or prospective workers in residential construction trades, with a focus on adults, minority populations, and youth learning experiences. We also provide pathways to entrepreneurship, mentorship, and coaching for all, aiming to offer comprehensive support and opportunities, fostering a skilled and diverse workforce ready to meet the demands of the industry.

Program Service Accomplishments

Program 1
Expenses: $522,419 Revenue: $759,550

RCWP was awarded multiple grants from the Rhode Island Department of Labor and Training to address the severe labor shortages in the construction industry as it relates to the CARPENTRY field. RCWP's...

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RCWP was awarded multiple grants from the Rhode Island Department of Labor and Training to address the severe labor shortages in the construction industry as it relates to the CARPENTRY field. RCWP's training program consists of up to six-month pre-apprenticeship training program providing teaching, mentoring and coaching focused on the career success of the graduates. RCWP performs an in-depth recruitment process using industry channels, outreach, social media and intergovernmental programs. Candidates must pass a thorough screening process which includes interviews vetting for genuine interest and motivation before entering the program. Training is provided through the use of numerous locations throughout RI. RCWP uses its industry relationships to place participants into employment. During the year 2024, RCWP held four cohorts providing 52 students the essential skills and credentials in their industry in order to enter the workforce.

Program 2
Expenses: $126,080 Revenue: $192,925

RCWP was awarded multiple grants from the Rhode Island Department of Labor and Training to address the severe labor shortages in the construction industry as it relates to the ELECTRICAL field...

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RCWP was awarded multiple grants from the Rhode Island Department of Labor and Training to address the severe labor shortages in the construction industry as it relates to the ELECTRICAL field. RCWP's training program consists of a six-month pre-apprenticeship training program providing teaching, mentoring and coaching focused on the career success of the graduates. RCWP performs an in-depth recruitment process using industry channels, outreach, social media and intergovernmental programs. Candidates must pass a thorough screening process which includes interviews vetting for genuine interest and motivation before entering the program. Training is provided through the use of numerous locations throughout RI. RCWP uses its industry relationships to place participants into employment. During the year 2024, RCWP held two cohorts providing 21 students the essential skills and credentials in their industry in order to enter the workforce.

Program 3
Expenses: $34,244 Revenue: $201,240

RCWP was awarded multiple grants from the Rhode Island Department of Labor and Training to address the severe labor shortages in the construction industry as it relates to the ELL (ENGLISH LANGUAGE...

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RCWP was awarded multiple grants from the Rhode Island Department of Labor and Training to address the severe labor shortages in the construction industry as it relates to the ELL (ENGLISH LANGUAGE LEARNERS) CARPENTRY. RCWP's training program consists of a 26-week Pre-Apprentice training program providing teaching, mentoring and coaching focused on the career success of the graduates. RCWP performs an in-depth recruitment process using industry channels, outreach, social media and intergovernmental programs. Candidates must pass a thorough screening process which includes interviews vetting for genuine interest and motivation before entering the program. Training is provided through the use of numerous locations throughout RI. RCWP uses its industry relationships to place participants into employment. During the year 2024, RCWP held two cohorts providing 28 students the essential skills and credentials in their industry in order to enter the workforce.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,116,954
Program Service Revenue $36,464
Investment Income $925
Other Revenue $1,118
TOTAL REVENUE $1,155,461

Expense Breakdown

Grants Paid $215
Salaries & Benefits $416,177
Fundraising Expenses $0
Program Expenses $682,743
Other Expenses $588,925
TOTAL EXPENSES $1,005,317

Year-over-Year Comparison

2023 2022 Change
Revenue $1,155,461 $1,186,419 0.0%
Expenses $1,005,317 $1,110,179 -0.1%
Net Income $150,144 $76,240 +1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
5
Employees
10
Volunteers
5

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
5
$20,665
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN MARCANTONIO EXECUTIVE DIRECTOR 20.0
Officer
$20,665 $0 $20,665
RONALD CANIGLIA CHAIRMAN 5.0
Officer Director
$0 $0 $0
JASON DAPONTE TREASURER 1.0
Officer Director
$0 $0 $0
ALEX MITCHELL SECRETARY 1.0
Officer Director
$0 $0 $0
ROBERT BALDWIN VICE CHAIR 1.0
Officer Director
$0 $0 $0
PAOLA FERNANDEZ DIRECTOR 1.0
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 No data No data No data No data
2024 $1,155,461 $1,005,317 $609,969 $150,144
2023 $1,186,419 $1,110,179 $481,394 $76,240
2022 $757,879 $1,023,840 $335,806 $-265,961
2021 $1,242,406 $660,185 $604,368 $582,221
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