Form 990 for tax year 2022
Filed by BUILDING TRADES EMPLOYERS ASSN OF THE CITY OF NEW YORK.
Totals
- Total revenue
- $1,669,605
- Total expenses
- $2,074,688
- Contributions and grants received
- $348,272
- Grants paid
- $62,636
- Program service revenue
- $1,294,840
- Investment income
- $26,493
- Other revenue
- $0
- Total assets, end of year
- $1,509,737
- Total liabilities, end of year
- $710,379
- Net assets or fund balances, end of year
- $799,358
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$348,272
-
2a · Program service revenue: MEMBERSHIP DUES
total $1,293,000 · related or exempt $1,293,000
-
2b · Program service revenue: OTHER INCOME
total $1,840 · related or exempt $1,840
-
3 · Investment income
total $26,493 · excluded $26,493
-
8a · Fundraising events: gross income
$188,693
-
8a · Fundraising events: contributions included on line 1c
$348,272
-
8b · Fundraising events: direct expenses
$188,693
-
8c · Net income from fundraising events
total $0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $62,636
-
5 · Compensation of officers, directors and key employees
total $477,327
-
7 · Other salaries and wages
total $355,000
-
8 · Pension plan contributions
total $22,201
-
9 · Other employee benefits
total $82,937
-
10 · Payroll taxes
total $73,990
-
11b · Fees: legal
total $1,278
-
11c · Fees: accounting
total $20,588
-
11g · Fees: other
total $80,237
-
13 · Office expenses
total $57,710
-
14 · Information technology
total $13,581
-
16 · Occupancy
total $167,940
-
17 · Travel
total $76,785
-
19 · Conferences, conventions and meetings
total $1,625
-
20 · Interest
total $11,509
-
21 · Payments to affiliates
total $48,500
-
23 · Insurance
total $3,089
-
24a · Other expenses: PUBLIC RELATIONS
total $350,899
-
24b · Other expenses: INDUSTRY ADVANCEMENT PR
total $133,581
-
24c · Other expenses: MISCELLANEOUS EXPENSES
total $13,423
-
24d · Other expenses: TELEPHONE
total $9,137
-
24e · All other expenses
total $10,715
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $697,747 · end of year $327,275
-
2 · Savings and temporary cash investments
beginning of year $11,170 · end of year $8,130
-
4 · Accounts receivable
beginning of year $0 · end of year $132,475
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $5,673
-
11 · Investments: publicly traded securities
beginning of year $862,922 · end of year $716,014
-
12 · Investments: other securities
beginning of year $380,393 · end of year $320,170
-
17 · Accounts payable and accrued expenses
end of year $92,403
-
25 · Other liabilities
beginning of year $615,294 · end of year $617,976
-
27 · Net assets without donor restrictions
beginning of year $1,336,938 · end of year $799,358
Mission and programs · 2022
Mission
TO BE THE PUBLIC VOICE AND ADVOCATE FOR UNION CONTRACTORS IN NEW YORK CITY.
-
INDUSTRY ADVANCEMENT - TO PROMOTE THE BENEFITS OF USING UNION CONTRACTORS THROUGH PUBLIC RELATIONS ACTIVITIES, ADVERTISING AND INDUSTRY PROMOTION.
-
JOINT CONSTRUCTION SAFETY PROGRAM - TO IMPROVE & ENCOURAGE JOB SITE SAFETY PROCEDURES THROUGH MANAGEMENT & LABOR TRAINING COURSES AND CONFERENCES.
-
INDUSTRY ADVANCEMENT - TO PROMOTE THE BENEFITS OF USING UNION CONTRACTORS THROUGH PUBLIC RELATIONS ACTIVITIES, ADVERTISING AND INDUSTRY PROMOTION.
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Louis J ColettiLOUIS J COLETTI
PRESIDENT & CEO
- Total calculated
- $595,217
- From this org
- $480,000
- From related orgs
- $0
- Other
- $115,217
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $450,000
- Bonus
- $30,000
- Other
- $0
- Deferred
- $81,000
- Nontaxable benefits
- $34,217
- Filer's total
- $595,217
-
Pat A DifilippoPAT A DIFILIPPO
CO CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Peter VrankovicPETER VRANKOVIC
CO CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Kristin DenapoliKRISTIN DENAPOLI
FINANCIAL SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Donald RanshteDONALD RANSHTE
EMPLOYEE
- Total calculated
- $247,488
- From this org
- $215,000
- From related orgs
- $0
- Other
- $32,488
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $215,000
- Bonus
- $0
- Other
- $0
- Deferred
- $14,400
- Nontaxable benefits
- $18,088
- Filer's total
- $247,488
-
Lena VegaLENA VEGA
EMPLOYEE
- Total calculated
- $165,888
- From this org
- $140,000
- From related orgs
- $0
- Other
- $25,888
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $140,000
- Bonus
- $0
- Other
- $0
- Deferred
- $7,800
- Nontaxable benefits
- $18,088
- Filer's total
- $165,888
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- PART I, LINE 4B
- THE PRESIDENT AND CEO PARTICIPATES IN A DEFERRED COMPENSATION PLAN. THE PLAN'S MARKET VALUE DEPRECIATED ($83,673) IN YEAR END DECEMBER 31, 2022. CONTRIBUTIONS OF $3,000 WERE MADE TO THE PLAN AND DEFERRED IN 2022
- PART III - OTHER ADDITIONAL INFORMATION
- THE ORGANIZATION HAS ESTABLISHED A NONQUALIFIED DEFERRED COMPENSATION PLAN FOR ITS PRESIDENT, LOUIS J. COLLETI. THE AMOUNT REFLECTED ABOVE WAS NOT PAID, BUT RATHER THE PORTION OF COMPENSATION THAT WAS DEFERRED.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
GET NY BUILDING
501(C)(6) · NY
-
BTEA PAC
527 · NY
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313189349313816
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