2024-05-09T19:13:17-05:00 2023-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 40 WESTMINSTER STREET SUITE 600 PROVIDENCE RI 02903 990 2022-07-01 813939129 BUILDING FUTURES BUIL 4019195919 ONE ACORN STREET PROVIDENCE RI 02903 ANDREW CORTES EXECUTIVE DIRECTOR 4019195919 2024-05-09 1 ANDREW CORTES XXX-XX-XXXX 1 EVA MRUK P00543254 4016216200 2024-05-02 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z ANDREW CORTES ONE ACORN STREET PROVIDENCE RI 02903 3532757 0 X WWW.BFRI.ORG X 2016 RI TO MEET EMPLOYER AND INDUSTRY NEEDS FOR SKILLED WORKERS THROUGH REGISTERED APPRENTICESHIPS, CREATING EQUITABLE PATHS TO FAMILY-SUSTAINING CAREERS FOR RHODE ISLANDERS. 9 9 23 15 0 0 3106235 3490769 0 0 1 22175 1772 19813 3108008 3532757 221276 134345 0 0 1367840 1794468 0 0 12544 763043 951046 2352159 2879859 755849 652898 1468906 2288703 117260 284159 1351646 2004544 X BUILDING FUTURES' MISSION IS ACHIEVED THROUGH PRE-APPRENTICESHIP TRAINING AND SOCIAL SERVICE SUPPORTS FOR INDIVIDUALS EXPERIENCING POVERTY WHO SEEK CAREERS IN THE BUILDING TRADES THROUGH REGISTERED APPRENTICESHIP; AND STRATEGIES TO INCREASE EMPLOYER USE OF APPRENTICES ON CONSTRUCTION PROJECTS; AS WELL AS TECHNICAL ASSISTANCE TO NON-CONSTRUCTION EMPLOYERS WHO WISH TO DEVELOP, LAUNCH AND OPERATE REGISTERED APPRENTICESHIP TRAINING PROGRAMS IN OTHER HIGH GROWTH SECTORS. 0 0 1709224 98091 0 BUILDING FUTURES -BUILDING FUTURES OPERATES A COMPREHENSIVE PRE-APPRENTICESHIP TRAINING PROGRAM TO HELP MEN AND WOMEN PREPARE FOR EMPLOYMENT IN ONE OF MANY DIFFERENT BUILDING TRADE APPRENTICESHIPS, INCLUDING ELECTRICIANS, CARPENTERS, PLUMBERS, IRON WORKERS, PAINTERS, AND LABORERS AMONG OTHERS. OUR 200-HOUR HANDS-ON PRE-APPRENTICESHIP TRAINING FOCUSES ON BASIC COMPETENCIES NEEDED ACROSS ALL CONSTRUCTION TRADES. THE MAIN COMPONENTS OF THE PROGRAM ARE RECRUITMENT, ORIENTATION, APPLICATION, ASSESSMENTS, CONSTRUCTION TRAINING, SUPPLEMENTAL ELECTIVE TRAININGS, CONSTRUCTION MATH, PERSONAL FINANCIAL MANAGEMENT, CAREER GUIDANCE, PLACEMENT AND EMPLOYMENT TRANSITION, AND SUPPORT SERVICES. ALL SERVICES ARE AT NO COST TO PARTICIPANTS.WHILE ENROLLED FULL-TIME, PARTICIPANTS RECEIVE A TRAINING ALLOWANCE TO ENSURE RETENTION AND SUCCESSFUL COMPLETION OF THE PROGRAM. GRADUATES EARN MULTIPLE INDUSTRY-RECOGNIZED CERTIFICATIONS THAT HELP ENSURE ENTRY IN THEIR CHOSEN TRADE. ALL GRADUATES ARE GUIDED IN CHOOSING THE BUILDING TRADE OCCUPATION THAT BEST FITS THEIR INTERESTS AND ABILITIES. GRADUATES ARE ASSISTED IN PREPARING FOR APPRENTICESHIP PROGRAM INTERVIEWS AND ENTRANCE EXAMS, AND THEY RECEIVE SUPPORT SERVICES AND GUIDANCE THROUGHOUT THEIR FIRST YEAR OF APPRENTICESHIP AND BEYOND. TO DATE, 522 PARTICIPANTS GRADUATED FROM OUR PRE-APPRENTICESHIP TRAINING PROGRAM.BUILDING FUTURES' ELECTIVE TRAININGS INCLUDE A 10-WEEK HANDS ON EXPERIENCE IN SINGLE FAMILY HOME BUILDING, CONSTRUCTING MODEL ENERGY-EFFICIENT AFFORDABLE HOMES FOR FIRST TIME LOW-INCOME HOME BUYERS. 34 TRAINEES WORKED ON THE SMALL HOMES PROJECT IN PARTNERSHIP WITH ONE NEIGHBORHOOD BUILDERS DURING FY 23, AND BEGAN WORK ON AN ADDITIONAL HOME WITH THE CITY OF CENTRAL FALLS. THE ORGANIZATION ALSO PROVIDES A 3-WEEK ELECTIVE IN INDUSTRIAL WELDING; THIS IS A CERTIFICATION COURSE TAUGHT BY A NATIONALLY CERTIFIED WELDING INSTRUCTOR. TOGETHER THESE ELECTIVE TRAININGS AUGMENT THE CORE PRE-APPRENTICESHIP PROGRAM IN PREPARING GRADUATES FOR ENTRY AND SUCCESS IN REGISTERED APPRENTICESHIPS. TO DATE, BUILDING FUTURES COMPLETED 413 JOB PLACEMENTS, INCLUDING 401 IN CONSTRUCTION REGISTERED APPRENTICESHIPS. 42% OF BUILDING FUTURES GRADUATES HAVE COMPLETED THEIR APPRENTICESHIPS (3-5 YEARS IN DURATION), AND ARE NOW JOURNEY WORKERS IN THEIR SELECTED TRADE OCCUPATION. OUR GRADUATES ARE MAINTAINING A 76% RETENTION RATE IN THE CONSTRUCTION WORKFORCE SINCE 2007. WITH EMPLOYER AND TRADE APPRENTICESHIP PROGRAM PARTNERS, BUILDING FUTURES CONTINUES TO REFINE AND EXPAND ITS PRE-APPRENTICESHIP PROGRAM, AND HAS BEEN NATIONALLY RECOGNIZED FOR ITS BEST PRACTICES BY THE UNITED STATES DEPARTMENT OF LABOR AND OTHERS.IN ITS ONGOING EFFORTS TO INCREASE THE DIVERSITY AND NUMBER OF QUALIFIED CANDIDATES FOR CONSTRUCTION APPRENTICESHIP PROGRAMS, THE ORGANIZATION HAS INCREASED ITS FOCUS ON RECRUITMENT, TRAINING, PLACEMENT AND RETENTION OF WOMEN IN THE TRADES. THIS IS DONE BOTH BY ESTABLISHING AN ALUMNI LEADERSHIP WORKING GROUP TO ASSIST WITH OUTREACH AND RECRUITMENT, AND VIA A MENTORSHIP PROGRAM FOR WOMEN TRAINEES AND GRADUATES. THUS FAR, 11% OF OUR GRADUATES HAVE BEEN WOMEN; THIS IS IN LINE WITH THE NATIONAL AVERAGE OF 10.9% FOR WOMEN IN CONSTRUCTION. IN ADDITION TO OUR DIRECT WORK PLACING WOMEN IN BUILDING TRADE APPRENTICESHIPS, WE ALSO SUPPORT TRADESWOMEN ORGANIZING TO TRANSFORM CHALLENGING WORK ENVIRONMENTS BY STAFFING THE WOMEN'S COUNCIL OF THE RI BUILDING AND CONSTRUCTION TRADES COUNCIL AS THEY IDENTIFY AND ACT UPON PRIORITY ISSUES.BUILDING FUTURES GRADUATES WHO HAVE WORKED IN THE FIELD FOR SEVERAL YEARS, AND SEEK TO BEGIN THEIR OWN BUSINESSES HAVE FREQUENTLY EXPRESSED THE NEED FOR TECHNICAL EXPERTISE. TO SUPPORT GRADUATES THAT HAVE BECOME JOURNEY WORKERS WHO ARE INTERESTED IN BECOMING CONTRACTORS, BUILDING FUTURES SUCCESSFULLY PILOTED A WBE/MBE BUSINESS DEVELOPMENT CLASS. WITH SUPPORT FROM THE RI ASSOCIATED GENERAL CONTRACTORS, BUILDING FUTURES ENGAGED A CONSTRUCTION BUSINESS LEADER TO PROVIDE INSTRUCTION AND COUNSELING SERVICES FOR OUR GRADUATES. THE PROGRAM PROVIDES AN INTENSIVE CURRICULUM COVERING THE ESTABLISHMENT AND REGISTRATION OF A BUSINESS, THE BASICS OF OPERATING A BUSINESS, REQUIREMENTS NEEDED TO BECOME A CONTRACTOR, RAISING CAPITAL AND MANAGING CASH FLOW, AND GROWING A CONSTRUCTION BUSINESS. EXPERT PRESENTERS AND COACHES ARE INCLUDED SO THAT PARTICIPANTS GAIN A DEEPER UNDERSTANDING THAT COMES WITH EXPERIENCE, AND TO ENCOURAGE DISCUSSION AND CRITICAL THINKING. BASED UPON THE FIRST SUCCESSFUL CYCLE OF TEN (10) PARTICIPANTS, THIS PROGRAM WILL CONTINUE IN FY24. 465648 36254 0 AMERICAN APPRENTICESHIP INITIATIVE -APPRENTICESHIP RHODE ISLAND (ARI), AN INITIATIVE IN PARTNERSHIP WITH THE RI DLT, IS AN EFFORT TO EXPAND THE USE OF REGISTERED APPRENTICESHIP IN HIGH GROWTH NON-CONSTRUCTION OCCUPATIONS AND INDUSTRIES. BUILDING FUTURES SERVES AS THE STATE'S APPRENTICESHIP INTERMEDIARY, PROVIDING TECHNICAL ASSISTANCE AND RESOURCES TO EMPLOYERS TO DESIGN, LAUNCH AND OPERATE REGISTERED APPRENTICESHIP PROGRAMS FOR OCCUPATIONS IN HEALTH CARE, INFORMATION TECHNOLOGY, ADVANCED MANUFACTURING, MARINE TRADES, LANDSCAPE HORTICULTURE, AND OTHERS. TO DATE, APPRENTICESHIP RI HAS WORKED WITH 130 EMPLOYERS AND 12 MULTI-EMPLOYER SPONSORS. CUMULATIVELY THESE PROGRAMS HAVE EMPLOYED AND TRAINED 2,000 APPRENTICES. NEW REGISTERED APPRENTICESHIP DEVELOPMENT CONTINUES IN THE AREAS OF: EARLY CHILDHOOD EDUCATION, SPECIAL EDUCATION, SCHOOLTEACHER LICENSURE. TWO NEW REGISTERED APPRENTICESHIP PROGRAMS THROUGH RI COLLEGE HAVE BEEN ADDED TO INCLUDE BEHAVIORAL HEALTH CASE MANAGER AND COMMUNITY HEALTH WORKER. THESE TWO PROGRAMS HAVE 18 EMPLOYER PARTNERS IN HEALTHCARE. BUILDING FUTURES IS ALSO EXPANDING ITS TECHNICAL ASSISTANCE TO SUPPORT RA SPONSORS IN DEVELOPING RIGOROUS EQUAL OPPORTUNITY STANDARDS IN RA THAT INCLUDE DEI GOALS AND MENTORSHIP TRAININGS THAT SUPPORT THE SUCCESS OF RA.THESE ACTIVITIES REFLECT A NATURAL EXPANSION OF BUILDING FUTURES' WORK TO BETTER ACHIEVE ITS MISSION WHILE REPLICATING ITS EFFECTIVE WORK IN THE CONSTRUCTION INDUSTRY. ADDITIONAL ACTIVITIES INCLUDE ASSISTING COMMUNITY-BASED ORGANIZATIONS TO DESIGN, LAUNCH AND OPERATE NEW PRE-APPRENTICESHIP PROGRAMS SIMILAR TO THE BUILDING FUTURES MODEL FOR CONSTRUCTION. THIS YEAR, BUILDING FUTURES HELPED CREATE AND CERTIFY THE FAMILY CHILDCARE PROVIDER PRE-APPRENTICESHIP WITH SEIU EDUCATION AND SUPPORT FUND AND THE MISSION PROGRAM WITH ONE NEIGHBORHOOD BUILDERS. THROUGH THESE EFFORTS, BUILDING FUTURES HELPS PREPARE LOW-INCOME INDIVIDUALS FOR PLACEMENT IN THESE NON-TRADITIONAL REGISTERED APPRENTICESHIPS SPONSORED BY ARI AND ITS EMPLOYER PARTNERS. FINALLY, THE APPRENTICESHIP RHODE ISLAND INITIATIVE PLAYS A SIGNIFICANT INTERMEDIARY ROLE RELATED TO EXPANDING AND IMPROVING THE CAPACITY OF THE STATE'S APPRENTICESHIP OFFICE. WITH A FOCUS ON SERVING UNDERREPRESENTED POPULATIONS, BUILDING FUTURES SEEKS TO ALIGN MULTIPLE SYSTEMS TO EFFECTIVELY CONNECT PEOPLE TO REGISTERED APPRENTICESHIP. INTEGRATION EFFORTS IMPACT AND INCLUDE K-12 AND POST-SECONDARY EDUCATION, THE PUBLIC WORKFORCE SYSTEM AND, IMPORTANTLY, COMMUNITY-BASED ORGANIZATIONS TO ALIGN SERVICES AND ESTABLISH NEW QUALITY PRE-APPRENTICESHIP PROGRAMS. IN 2020, THE ARI INITIATIVE WAS RECOGNIZED BY THE NATIONAL GOVERNOR'S ASSOCIATION AS ONE OF THE TOP 10 MOST EFFECTIVE PROGRAMS IN THE COUNTRY. 2174872 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 76 0 23 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X RITA L HOLAHAN 4019195919 ONE ACORN STREET PROVIDENCE RI 02903 GREGORY A MANCINI ESQ CHAIR 4.00 X X 0 0 0 JANICE CATALDO TREASURER 3.00 X X 0 0 0 SCOTT DUHAMEL SECRETARY 2.00 X X 0 0 0 VANESSA CRUM DIRECTOR 1.00 X 0 0 0 BRUCE IANNUCCILLO DIRECTOR 2.00 X 0 0 0 EILEEN HAYES DIRECTOR 0.50 X 0 0 0 VENNICIA KINGSTON DIRECTOR 2.00 X 0 0 0 SANDRA M POWELL DIRECTOR 1.00 X 0 0 0 PATRICK QUINN DIRECTOR 2.00 X 0 0 0 ANDREW CORTES EXECUTIVE DIRECTOR 35.00 X 143578 0 23965 RITA HOLAHAN FINANCE & OPERATIONS DIRECTOR 35.00 X 119765 0 9476 263343 0 33441 2 0 1 0 FINISHING TRADES INST OF SOUTHERN NEW E 79 BRADLEY STREET MIDDLETOWN CT 06457 TRAINING PROGRAM 106358 1 1638719 1852050 3490769 22175 22175 INSURANCE SETTLEMENT 900099 15000 15000 MISCELLANEOUS INCOME 900099 4813 4813 19813 3532757 0 0 41988 X 134345 134345 308625 263758 43618 1249 1177158 869086 307979 93 42258 33228 9000 30 125827 98938 26799 90 140600 107628 32849 123 5426 5426 30000 30000 441915 350453 91462 1574 105 1469 50746 32347 16953 1446 54951 11278 43654 19 96610 82576 13957 77 27590 27105 485 12319 8773 2319 1227 29419 25296 4084 39 7515 941 6573 1 PRGM SUPPLIES/ACTIVITIE 113363 60035 53324 4 TRAINEE FEES 49779 49258 521 OTHER EVENTS EXPENSE 24058 15190 729 8139 REPAIRS AND MAINTENANCE 4843 3594 1242 7 938 938 2879859 2174872 692443 12544 476992 314469 638784 1337673 261289 372146 9697 12740 192953 105016 82144 87937 0 163738 1468906 2288703 117260 121949 0 162210 117260 284159 X 369762 498582 981884 1505962 1351646 2004544 1468906 2288703 652898 0 X X 0 1 X 1 1 1 X 2040811 2534973 2635080 3106235 3490769 13807868 2040811 2534973 2635080 3106235 3490769 13807868 2347451 11460417 13 5 2 1 22175 22196 8378 17379 1772 19813 47342 13877406 0.82580 0.92220 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 8,378. 2020 AMOUNT: $ 17,379. 2021 AMOUNT: $ 1,772. 2022 AMOUNT: $ 4,813. INSURANCE SETTLEMENT - 2022 AMOUNT: $ 15,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 4814 4814 2875045 2879859 293993 73498 0 0 265047 278156 267608 293993 1104804 1657206 3598 4814 8412 66262 69539 66902 73498 276201 414302 155851 69733 86118 15638 13819 1819 21464 21464 0 87937 OPERATING LEASE RIGHT OF USE ASSET 159570 SECURITY DEPOSITS 4168 163738 OPERATING LEASE LIABILITY 162210 162210 X 3532757 0 3532757 0 3532757 2879859 0 2879859 0 2879859 PART X, LINE 2: THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION AND/OR DISCLOSURE. 1 FINISHING TRADES INSTITUTE OF SOUTHERN NEW ENGLAND INC 79 BRADLEY STREET MIDDLETOWN CT 06457 061530354 501(C)(3) 90644 0 SUB AWARD IN SUPPORT OF REGISTERED APPRENTICESHIP DEVELOPMENT AND TRAINING VANTAGE POINT INC 615 JEFFERSON BLVD WARWICK RI 02886 300135495 7448 0 SUB AWARD IN SUPPORT OF DESIGN AND IMPLEMENTATION OF THE US DOJ-FUNDED PROGRAM BTO 1 1 PART I, LINE 2: FUNDS ISSUED VIA A SUBAWARD FROM BUILDING FUTURES TO ANOTHER ENTITY ARE DONE SO THROUGH AN AGREEMENT FOR SERVICES THAT INCLUDES AN APPROVED SCOPE OF WORK AND BUDGET THAT OUTLINES COSTS TO BE INCURRED BY THAT ENTITY. THAT ENTITY IS PAID ON A COST REIMBURSEMENT BASIS ONCE AN INVOICE WITH SUPPORTING DOCUMENTATION HAS BEEN APPROVED BY BUILDING FUTURES. THIS PROCEDURE HELPS ENSURE THAT FUNDS ARE BEING USED FOR INTENDED PURPOSES. REGARDING HOW ENTITIES ARE SELECTED TO RECEIVE FUNDING, GENERALLY SELECTION IS BASED UPON A UNIQUE SET OF QUALIFICATIONS AND EXPERIENCE TO DELIVER THE REQUESTED SERVICES. HOWEVER, IF A SOLE SOURCE JUSTIFICATION CANNOT BE MADE, A FORMAL RFP PROCESS AND SOLICITATION OF BIDS IS PURSUED. X X X 0 0 0 0 0 0 0 0 0 ANDREW CORTES EXECUTIVE DIRECTOR 143452 0 0 0 126 0 5008 0 18957 0 167543 0 0 0 BUILDING FUTURES ALSO PARTNERED WITH THE RHODE ISLAND BUILDING & CONSTRUCTION TRADES COUNCIL AND LOCAL AREA HIGH SCHOOLS TO OFFER A MULTI CORE CRAFT PRE-APPRENTICESHIP CURRICULUM (MC3) DEVELOPED BY NORTH AMERICA'S BUILDING TRADES UNIONS. THIS CURRICULUM INCLUDES CAREER AND TECHNICAL EDUCATION (CTE) PATHWAYS TO REGISTERED APPRENTICESHIP. CURRENTLY, 33 HIGH SCHOOL STUDENTS ARE ENROLLED IN THE MC3 IN THREE DIFFERENT CTE PATHWAYS AT PROVIDENCE CAREER AND TECHNICAL ACADEMY. IN THIS FISCAL YEAR, 31 STUDENTS EARNED THE MC3 AND, TO DATE, 114 HIGH SCHOOL STUDENTS HAVE EARNED THE NABTU CERTIFICATION WITH 41 ENTERING REGISTERED APPRENTICESHIPS. BUILDING GREEN FUTURES PREPARES YOUNG ADULTS, AGES 18-24, FOR OUR RIGOROUS BF 200 CONSTRUCTION PRE-APPRENTICESHIP TRAINING, AND SUBSEQUENT ENTRY IN REGISTERED APPRENTICESHIPS. THE PROGRAM UTILIZES THE NATURAL ENVIRONMENT AS ITS TRAINING GROUND, FOCUSING ON PHYSICAL CONDITIONING AND STAMINA, AND RUDIMENTARY KNOWLEDGE OF CONSTRUCTION SKILLS AS WELL AS OVERALL CAREER READINESS. TO DATE, 54 YOUTH HAVE GAINED WORK READINESS SKILLS WHILE PARTICIPATING IN CLIMATE MITIGATION PROJECTS INCLUDING PLANTING OVER 500 TREES IN THE PROVIDENCE AREA. A TARGET OF 200 ADDITIONAL TREE PLANTINGS IS PLANNED FOR FY24. THROUGH A PARTNERSHIP WITH WOONASQUATUCKET RIVER WATERSHED COUNCIL (WRWC), BUILDING FUTURES IS PLANNING A LOCAL URBAN TREE NURSERY THAT WILL INCREASE THE PROGRAM'S IMPACT. A 10-YEAR LAND USE AGREEMENT HAS BEEN SECURED WITH THE NARRAGANSETT BAY COMMISSION AND WRWC FOR AN OPEN SPACE PARCEL IN PROVIDENCE, RI, WITH PROJECT START UP SCHEDULED FOR FY24. IN FY23 BUILDING FUTURES LAUNCHED A NEW PROGRAM, BUILDING FUTURES INSIDE (BFI), A 120-HOUR CONSTRUCTION APPRENTICESHIP READINESS PROGRAM FOR INCARCERATED INDIVIDUALS IN RHODE ISLAND'S CORRECTIONAL SYSTEM. THE PROGRAM PROVIDES ENGAGING CLASSROOM, HANDS-ON, AND THERAPEUTIC COMPONENTS TO PREPARE PARTICIPANTS TO TRANSITION TO THE BF200 PROGRAM UPON RELEASE. THE PILOT COHORT OF BFI GRADUATED 9 INDIVIDUALS AND CELEBRATED THE FIRST PERSON TO COMPLETE BOTH BFI AND BF200 AND ENTER A TRADE APPRENTICESHIP. ENROLLMENT IS SCHEDULED TO INCREASE DURING FY 24. BEGUN IN LATE FY23 AND CONTINUING IN FY24, BUILDING FUTURES PARTNERED WITH THE RI DLT, RI BUILDING TRADES AND RSTED TO DEVELOP A NEW WORKFORCE TRAINING INITIATIVE TO TRAIN AND CERTIFY 150 TRADESPEOPLE IN PREPARATION FOR WORK ON THE OFFSHORE WIND PROJECT, REVOLUTION WIND. ALL WORKERS PERFORMING CONSTRUCTION AND MAINTENANCE WORK ON THE REVOLUTION WIND PROJECT ARE REQUIRED TO OBTAIN THE GLOBAL WIND ORGANIZATION (GWO) BASIC SAFETY TRAINING (BST) AND HUET CERTIFICATIONS. BUILDING FUTURES IS COORDINATING ENROLLMENTS AND TRAININGS THROUGH THIRD PARTIES. BUILDING FUTURES FURTHER ENHANCED ITS CONSTRUCTION-RELATED PROGRAMMING BY IMPLEMENTING A TARGETED INTERVENTION IN RESPONSE TO THE DISPROPORTIONATE IMPACT OF OPIOIDS ON THE CONSTRUCTION INDUSTRY. DESIGNED IN ALIGNMENT WITH THE GOVERNOR'S OVERDOSE PREVENTION ACTION PLAN, "RI OPIOIDS CRISIS: OUR RESPONSE. OUR RECOVERY" IS NOW PART OF BUILDING FUTURES' PRE-APPRENTICESHIP PROGRAM, AND PRESENTED TO THE MEMBERSHIP OF LOCAL CONSTRUCTION TRADE UNIONS. TO FACILITATE THIS EXPANSION IN OUR PROGRAMMING, WITH FUNDS FROM EOHHS, BUILDING FUTURES HIRED A RECOVERY DIRECTOR TO FOCUS ON INCREASING RECOVERY RESOURCES AND SUPPORTS AVAILABLE TO TRADESPEOPLE AND THOSE PREPARING TO ENTER THE TRADES. ANOTHER KEY COMPONENT OF BUILDING FUTURES' WORK IS INCREASING APPRENTICE UTILIZATION ON LARGE CONSTRUCTION PROJECTS THROUGH COLLABORATION WITH PROJECT OWNERS. BUILDING FUTURES' APPRENTICE UTILIZATION PROGRAM, OR AUP, PROVIDES A METHOD TO ENSURE THAT REGISTERED APPRENTICESHIP TRAINING OCCURS ON ACTIVE RHODE ISLAND CONSTRUCTION PROJECTS AT AN APPROPRIATE LEVEL TO MEET THE FUTURE DEMAND FOR VARIOUS BUILDING TRADES' OCCUPATIONS, BASED UPON LABOR MARKET PROJECTIONS. THROUGH THIS INITIATIVE, BUILDING FUTURES INCREASES THE NUMBER OF CONSTRUCTION COMPANIES THAT CONTRIBUTE TO WORKFORCE DEVELOPMENT BY EMPLOYING APPRENTICES AND PARTICIPATING IN THE REGISTERED APPRENTICESHIP SYSTEM. IN CONJUNCTION WITH THE ENTITIES PURCHASING CONSTRUCTION SERVICES (E.G. BROWN UNIVERSITY, CITY OF PROVIDENCE, ETC.), BUILDING FUTURES PROVIDES TECHNICAL ASSISTANCE TO AND MONITORING OF TRADE CONTRACTORS OF ALL TIERS TO ENSURE THAT THEIR APPRENTICE UTILIZATION TARGETS AND LOCAL HIRING GOALS ARE REACHED. AUP ACTIVITIES TAKE PLACE ACROSS THE STATE OF RHODE ISLAND. TO DATE, 133 PROJECTS HAVE HAD SOME FORM OF APPRENTICE UTILIZATION PROGRAM IN PLACE. THE AUP PROGRAM HELPS INCREASE THE NUMBER OF ACTIVE REGISTERED APPRENTICES BEING TRAINED IN CONSTRUCTION OCCUPATIONS ON CURRENT AND FUTURE PROJECTS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND IS THEN REVIEWED BY THE BOARD TREASURER AND THE FINANACE COMMITTEE PRIOR TO DISTRIBUTION TO ALL BOARD MEMBERS FOR THEIR REVIEW. ONCE THE FORM 990 IS APPROVED BY THE BOARD, THE RETURN IS THEN FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY WHICH COVERS OFFICERS, DIRECTORS, AND EMPLOYEES WHO ARE REQUIRED TO ANNUALLY SIGN A STATEMENT AND DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS. THESE PERSONS MUST ALSO DISCLOSE ANY POTENTIAL DIRECT OR INDIRECT FINANCIAL INTEREST THAT MAY AFFECT HIS OR HER CONDUCT AS THEY ARISE. CONFLICTS ARE DETERMINED BY THE GOVERNING BOARD, AND THE INTERESTED PERSON MUST RECUSE HIMSELF OR HERSELF FROM ANY DEBATE, DECISION, OR OTHER ACTION REGARDING THE MATTER. MINUTES FROM THE BOARD MEETINGS WILL CONTAIN A) THE NAMES OF THE PERSONS WHO DISCLOSED OR WERE OTHERWISE FOUND TO HAVE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE NATURE OF THE CONFLICT, ANY ACTION TAKEN TO CONFIRM THE EXISTENCE OF THE CONFLICT, AND THE GOVERNING BOARD'S DECISION REGARDING THE EXISTENCE OF THE CONFLICT, AND B) THE NAMES OF THE PARTICIPANTS IN THE DISCUSSIONS AND VOTES RE: THE TRANSACTION OR ARRANGEMENT THAT IS THE SUBJECT OF THE CONFLICT INVESTIGATION, ANY DISCUSSION AND DECISIONS AS TO ALTERNATIVES TO SAID TRANSACTION OR ARRANGEMENT, AND A RECORD OF ANY VOTES TAKEN IN CONNECTION WITH THE PROCEEDINGS. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED BY THE BOARD OF DIRECTORS. THEY UTILIZE MARKET COMPARABILITY DATA WITHIN RHODE ISLAND AND THE NEW ENGLAND REGION, AS WELL AS INDIVIDUAL JOB PERFORMANCE IN MAKING THEIR DETERMINATION. THE COMPENSATION IS APPROVED BY THE BOARD AND THEIR DECISION IS DOCUMENTED IN THE ORGANIZATION'S PERSONNEL FILES. THE PROCESS WAS LAST UNDERTAKEN IN 2023. FORM 990, PART VI, SECTION B, LINE 15B: THE COMPENSATION OF THE FINANCE & OPERATIONS DIRECTOR IS DETERMINED BY THE EXECUTIVE DIRECTOR WHO USES COMPARABILITY DATA OF SIMILAR NONPROFITS IN RHODE ISLAND AND THE NEW ENGLAND REGIONS. THE COMPENSATION DETERMINATION IS DOCUMENTED IN THE ORGANIZATION'S PERSONNEL FILES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES & CONSULTANTS: PROGRAM SERVICE EXPENSES 149,811. MANAGEMENT AND GENERAL EXPENSES 73,688. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 223,499. PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 17,557. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,557. ALARM SERVICE: PROGRAM SERVICE EXPENSES 382. MANAGEMENT AND GENERAL EXPENSES 217. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 599. THIRD PARTY TRAINERS: PROGRAM SERVICE EXPENSES 200,260. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 200,260. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE OF THE BOARD OF DIRECTORS THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.