Residential Construction Workforce Partnership
- Assets
- $481.4k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 9
- Location
- East Providence, RI
- Founding
- Data as of
- 06/2023
- EIN
- 85-3477757
Organization Overview
Residential Construction Workforce Partnership is located in East Providence, RI. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. As of 06/2023, Residential Construction Workforce Partnership employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Residential Construction Workforce Partnership is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Residential Construction Workforce Partnership generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $1.1m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE, TRAIN AND PLACE CURRENT AND/OR PROSPECTIVE WORKERS IN RESIDENTIAL CONSTRUCTION TRADES WITH A FOCUS ON ADULTS, MINORITY POPULATIONS, AND YOUTH LEARNING EXPERIENCE
Describe the Organization's Program Activity:
Part 3 - Line 4a
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 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 2023, RCWP HELD THREE COHORTS PROVIDING 57 STUDENTS THE ESSENTIAL SKILLS AND CREDENTIALS IN THEIR INDUSTRY IN ORDER TO ENTER THE WORKFORCE.
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 2023, RCWP HELD ONE COHORT PROVIDING 16 STUDENTS THE ESSENTIAL SKILLS AND CREDENTIALS IN THEIR INDUSTRY IN ORDER TO ENTER THE WORKFORCE.
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 VESL FIELD. RCWP'S TRAINING PROGRAM CONSISTS OF A 26-WEEK 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 2023, RCWP HELD TWO COHORTS PROVIDING 25 STUDENTS THE ESSENTIAL SKILLS AND CREDENTIALS IN THEIR INDUSTRY IN ORDER TO ENTER THE WORKFORCE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Marcantonio Executive Director | Officer | 20 | $20,087 |
Ronald Caniglia Chairman | OfficerTrustee | 5 | $0 |
Jason Daponte Treasurer | OfficerTrustee | 1 | $0 |
Alex Mitchell Secretary | OfficerTrustee | 1 | $0 |
Robert Baldwin Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,122,061 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,122,061 |
| Total Program Service Revenue | $0 |
| Investment income | $167 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,186,419 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $341 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $20,419 |
| Compensation of current officers, directors, key employees. | $11,639 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $416,310 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $30,112 |
| Payroll taxes | $27,007 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,500 |
| Fees for services: Accounting | $69,692 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $214,546 |
| Advertising and promotion | $24,109 |
| Office expenses | $12,684 |
| Information technology | $7,941 |
| Royalties | $0 |
| Occupancy | $109,358 |
| Travel | $691 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $629 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,956 |
| Insurance | $4,096 |
| All other expenses | $283 |
| Total functional expenses | $1,110,179 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $141,040 |
| Savings and temporary cash investments | $57,590 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $238,648 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,519 |
| Net Land, buildings, and equipment | $32,997 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,600 |
| Total assets | $481,394 |
| Accounts payable and accrued expenses | $38,894 |
| Grants payable | $0 |
| Deferred revenue | $50,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $88,894 |
| Net assets without donor restrictions | $392,500 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $481,394 |