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Nonprofit · EIN 05-6010637

RHODE ISLAND LABORERS HEALTH AND WELFARE FUND

Tax-exempt · PROVIDENCE, RI 02903

Financials

$35.1M$36.5M2023$43.2M$37.8M2024
Revenue Expenses · by fiscal year end
Financials of RHODE ISLAND LABORERS HEALTH AND WELFARE FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$43,233,385$37,813,899$5,419,486$94,332,973$1,207,070$93,125,903
December 31, 2023990$35,138,719$36,527,151-$1,388,432$84,901,152$854,906$84,046,246
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$40,430,128
Investment income
$2,689,293
Net gain from sales of assets
$2,469,013
Other revenue
$113,964

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$36,965,429
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$95,946
Accounting fees
$28,200

Balance sheet and other

Total assets, start of year
$84,901,152
Total assets, end of year
$94,332,973
Total liabilities, end of year
$1,207,070
Net assets, end of year
$93,125,903
Land, buildings and equipment
$164,122
Gross receipts
$59,692,866
Employees
319
Year formed
1954
State of legal domicile
RI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Michael F SabitoniChairman
Trustee or director, Officer
1$0
Michael D D'AmbraSecretary
Trustee or director, Officer
1$0
Christopher SabitoniTrustee
Trustee or director
1$0
Armand T LusiTrustee
Trustee or director
1$0
Raymond C CoiaTrustee
Trustee or director
1$0
Joseph A Vitullo JrTrustee
Trustee or director
1$0
Leo K MarshallTrustee
Trustee or director
1$0
Michael A Gammino IIITrustee
Trustee or director
1$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
MICHAEL F SABITONITRUSTEE
Trustee or director
–$0
MICHAEL D'AMBRATRUSTEE
Trustee or director
–$0
DONATO BIANCOTRUSTEE
Trustee or director
–$0
ARMAND LUSITRUSTEE
Trustee or director
–$0
RAYMOND COIATRUSTEE
Trustee or director
–$0
JOSEPH VITULLOTRUSTEE
Trustee or director
–$0
LEO K MARSHALLTRUSTEE
Trustee or director
–$0
MICHAEL GAMMINOTRUSTEE
Trustee or director
–$0

Address and contacts

Address (IRS master file)
410 SOUTH MAIN STREET, PROVIDENCE, RI 02903-2982
Signed the 990
Michael F Sabitoni, Chairman
Phone
(401) 942-8690
Return prepared by
Ward Fisher & Company LLP

Mission

To provide health, dental, life and disability coverage to qualified participants.

990 for the year ended December 31, 2024

Program accomplishments

  • To provide health, dental, life and disability coverage to qualified participants.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
05-6010637
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
1954
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$94,332,973
Income (IRS master file)
$59,692,866

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$43,233,385$37,813,899$94,332,973XML
990December 2023$35,138,719$36,527,151$84,901,152XML
990December 2022$32,201,057$31,476,625$78,505,267IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 05-6010637).

Questions about RHODE ISLAND LABORERS HEALTH AND WELFARE FUND

What is the EIN of RHODE ISLAND LABORERS HEALTH AND WELFARE FUND?
The employer identification number (EIN) of RHODE ISLAND LABORERS HEALTH AND WELFARE FUND is 05-6010637.
Is RHODE ISLAND LABORERS HEALTH AND WELFARE FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1954.
Are donations to RHODE ISLAND LABORERS HEALTH AND WELFARE FUND tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does RHODE ISLAND LABORERS HEALTH AND WELFARE FUND file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of RHODE ISLAND LABORERS HEALTH AND WELFARE FUND due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RHODE ISLAND LABORERS HEALTH AND WELFARE FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of RHODE ISLAND LABORERS HEALTH AND WELFARE FUND?
The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does RHODE ISLAND LABORERS HEALTH AND WELFARE FUND have?
On its 990 for the year ended December 31, 2024 it reported revenue of $43,233,385, expenses of $37,813,899 and total assets of $94,332,973 at year end.

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