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Nonprofit · EIN 05-6052140

RHODE ISLAND CONSTRUCTION INDUSTRY ADVANCEMENT FUND

Tax-exempt · SLATERSVILLE, RI 02876

Financials

$748K$748K2023$847K$900K2024
Revenue Expenses · by fiscal year end
Financials of RHODE ISLAND CONSTRUCTION INDUSTRY ADVANCEMENT FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$846,636$899,684-$53,048$2,732,173$146,990$2,585,183
December 31, 2023990$748,377$748,032$345$2,470,085$110,402$2,359,683
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$712,002
Investment income
$134,634
Net gain from sales of assets
$92,140
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$961
Accounting fees
$15,375

Balance sheet and other

Total assets, start of year
$2,470,085
Total assets, end of year
$2,732,173
Total liabilities, end of year
$146,990
Net assets, end of year
$2,585,183
Publicly traded securities
$2,276,272
Net assets without donor restrictions
$2,585,183
Gross receipts
$1,265,209
Employees
0
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
Edward BurmanTrustee/Trea
Trustee or director, Officer
2$0
Bruce IannuccilloTrustee
Trustee or director
1$0
Armand LusiTrustee/Chairma
Trustee or director, Officer
1$0
Joseph SiddallTrustee
Trustee or director
2$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
Joel TrojanTrustee
Trustee or director
1$0
Edward BurmanTrustee/Trea
Trustee or director, Officer
2$0
Bruce IannuccilloTrustee
Trustee or director
1$0
Armand LusiTrustee/Chairma
Trustee or director, Officer
1$0
Joseph SiddallTrustee
Trustee or director
2$0

Address and contacts

Address (IRS master file)
PO BOX 1046, SLATERSVILLE, RI 02876-0897
Principal officer (990 for 2024)
Edward Burman, PO Box 1046, Slatersville, RI 02876
Signed the 990
Edward W Burman, Treasurer
Phone
(401) 454-1990
Return prepared by
Russolino & Young Ltd

Mission

Advance construction industry programs and to promote employee safety, collective bargaining techniques, public relations, market development programs, and similar industry-wide ventures relating to the construction industry.

990 for the year ended December 31, 2024

Program accomplishments

  • Promote stable relationship between labor and management, pay collective bargaining expenses of management, promote cooperation among owners, architects, engineers and contractors
  • Promote education supervisory training program for safety and accident prevention. Provide employment opportunities in the construction industry for low income individuals.
  • Promote building construction industry in State of RI

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
05-6052140
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1974
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,732,173
Income (IRS master file)
$1,265,209

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$846,636$899,684$2,732,173IRS
990December 2023$748,377$748,032$2,470,085XML
990December 2022$581,788$626,649$2,224,866IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 05-6052140).

Questions about RHODE ISLAND CONSTRUCTION INDUSTRY ADVANCEMENT FUND

What is the EIN of RHODE ISLAND CONSTRUCTION INDUSTRY ADVANCEMENT FUND?
The employer identification number (EIN) of RHODE ISLAND CONSTRUCTION INDUSTRY ADVANCEMENT FUND is 05-6052140.
Is RHODE ISLAND CONSTRUCTION INDUSTRY ADVANCEMENT FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1974.
Are donations to RHODE ISLAND CONSTRUCTION INDUSTRY ADVANCEMENT FUND tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does RHODE ISLAND CONSTRUCTION INDUSTRY ADVANCEMENT 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 CONSTRUCTION INDUSTRY ADVANCEMENT 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 CONSTRUCTION INDUSTRY ADVANCEMENT FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of RHODE ISLAND CONSTRUCTION INDUSTRY ADVANCEMENT FUND?
The 990 for the year ended December 31, 2024 names Edward Burman.
Who are the officers and directors of RHODE ISLAND CONSTRUCTION INDUSTRY ADVANCEMENT FUND?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does RHODE ISLAND CONSTRUCTION INDUSTRY ADVANCEMENT FUND have?
On its 990 for the year ended December 31, 2024 it reported revenue of $846,636, expenses of $899,684 and total assets of $2,732,173 at year end.

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