Residential Construction Workforce Partnership EIN 85-3477757

Residential Construction Workforce Partnership

Not yet claimed Claim this org →

Trains and places adults, minorities, and youth in residential construction trades. For fiscal year 2024 it reported $1.0M in revenue, $931K in expenses, and $658K in net assets.Pt I

Founded
2020
Type
Public charity (501(c)(3)) · Education
Location
East Providence, RI
Website
rcwpri.org
Filings
4 on file (2021–2024)
Revenue
$1.0MFY2024
Expenses
$931K
Net assets
$658K
People
7
Filings
4
Updates
0
More identity details & actions ⌄
EIN  85-3477757 Public charity (501(c)(3)) East Providence, RI Founded 2020
Form 990 (PDF)
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Residential Construction Workforce Partnership claims this page.

Know this organization? Claim it to add your story

Size
$1–10M
What they do
Trains and places adults, minorities, and youth in residential construction trades.
Leadership
John Marcantonio · Executive Director · $21K
Money in and out
$1.0M revenue, $931K expenses
Bottom line
75% program efficiency
Where the money goes · FY2024
Total revenue
$1.0M
Pt VIII · Ln 12
Total expenses
$931K
Pt IX · Ln 25
Net assets
$658K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $115K
Where spending went · Part IX cols B–D
Program services $0.75 Management & general $0.25
Program efficiency
75%
of spending reaches programs▲ +10% vs prior filing year
Operating runway
6.8mo
months of highly liquid reserves at operating expense rate▲ +127% vs prior filing year
Surplus margin
+11%
revenue over expenses, this year▼ -15% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.0M
FY2024▼ -9%
Expenses
$931K
FY2024▼ -7%
Total assets
$714K
FY2024▲ +17%
Total liabilities
$56K
FY2024▼ -16%
Total revenue
$1.0M
Pt VIII · Ln 12
Total expenses
$931K
Pt IX · Ln 25
Net assets
$658K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$115K
Total assetsPt X · Ln 16$714K
Program-expense ratioPt IX · col B75%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

3 program services account for $698K of program spending, described in the organization's own filed words · FY2024.
01

See Schedule O

$345Kprogram expense
02

See Schedule O

$227Kprogram expense
03

See Schedule O

$126Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CResidential Construction Workforce Partnership
EINHdr · item D85-3477757
Principal addressHdr · item CEast Providence, RI
WebsiteHdr · item Jrcwpri.org
Year of formationHdr · item L2020
State of legal domicileHdr · item MRI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B30)
Ruling yearIRS BMFOct 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$21,460Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

John Marcantonio’s $21K as Executive Director is at the 3rd percentile of top reported officer pay among 3393 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2024FY2023FY2022
John Marcantonio$21,460$20,665$20,087$13,846

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Residential Construction Workforce Partnership executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Program service revenue$969K · 93%
Contributions & grants$73K · 7%
Program service revenue93%$969K
Contributions & grants7%$73K
Investment income$4K
Other revenue$1
Total revenueLn 12$1.0M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.75 Management & general $0.25
Program services75%$698K
Management & general25%$233K
Total functional expensesLn 25$931K

Balance Sheet

Part X · end of year
CashLn 1$523K
Total assetsLn 16$714K
Total liabilitiesLn 26$56K
Total net assetsLn 32$658K
Months of cash on handcomputed6.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $523K · Operating expenses (Pt IX) $931K · Less non-cash grants $1K · Cash operating expenses/yr $929K
6.8 months
Where the money goes
Program services
Program services $698K · Total expenses $931K
75%
Management & General
Management & general $233K · Total expenses $931K
25%
Fundraising
Fundraising $0 · Total expenses $931K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $25K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $73K · Total revenue $1.0M
7%
Government reliance
Government grants — · Total revenue $1.0M
Earned-income share
Program service revenue $969K · Total revenue $1.0M
93%
Investment reliance
Investment income $4K · Total revenue $1.0M
+0.4%
Program self-sufficiency
Program service revenue $969K · Total expenses $931K
104%
Growth & trend
Revenue growth (YoY)
This year $1.0M · Prior year $1.2M
-9%
Revenue CAGR
FY2020 $1.2M · FY2024 $1.0M
-4%
Net-asset trend (YoY)
End of year $658K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.0M · Expenses $931K
+11%
Liabilities-to-Assets
Total liabilities — · Total assets $714K
Net-asset ratio
Net assets $658K · Total assets $714K
92%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $714K
0%
People & payroll
Highest Reported Total Compensation
Individual John Marcantonio · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $21K · Total expenses $931K
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $429K · Total expenses $931K
46%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 75%
Overhead ratio 25%
Revenue growth -9%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2021
Total grants receivedfrom 1 funder$1K

Similar Organizations

Closest in mission — by what they do
See all organizations like Residential Construction Workforce Partnership →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$1.2M revenue · ⤓ 990 PDF
FY2023$1.2M revenue · ⤓ 990 PDF
FY2022$758K revenue · ⤓ 990 PDF
FY2021$1.2M revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.