Nonprofit · EIN 23-7045141
HEAVY CONSTRUCTION INDUSTRY FUND
Tax-exempt · NEW YORK, NY 10165
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $5,771,251 | $4,161,479 | $1,609,772 | $27,871,106 | $14,411 | $27,856,695 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,919,522
- Program service revenue
- $0
- Investment income
- $851,729
- Net gain from sales of assets
- $380,096
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $4,393
Balance sheet and other
- Total assets, start of year
- $25,442,157
- Total assets, end of year
- $27,871,106
- Total liabilities, end of year
- $14,411
- Net assets, end of year
- $27,856,695
- Publicly traded securities
- $17,750,315
- Net assets without donor restrictions
- $27,856,695
- Gross receipts
- $17,713,987
- Employees
- 0
- Volunteers
- 4
- Year formed
- 1969
- State of legal domicile
- NY
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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ROBERT G WESSELS | SECRETARY/EXECUTIVE DIRECTOR Officer | 1 | $0 | $544,268 | $42,213 |
| JESSE OTTESEN | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| LEON JACOBS | FIRST VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ROLANDO ACOSTA | SECOND VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KENNETH DURKIN | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 60 EAST 42ND STREET, NEW YORK, NY 10165-0006
- Principal officer (990 for 2024)
- ROBERT WESSELS, 60 EAST 42ND STREET, NEW YORK, NY 10165
- Signed the 990
- ROBERT WESSELS, SECRETARY
- Phone
- (212) 687-3131
- Return prepared by
- GRASSI & CO CPA'S PC
Mission
THE HEAVY CONSTRUCTION INDUSTRY FUND PROMOTES THE HEAVY CONSTRUCTION INDUSTRY IN THE NEW YORK METROPOLITAN AREA.
Program accomplishments
- THE HEAVY CONSTRUCTION INDUSTRY FUND PROMOTES THE HEAVY CONSTRUCTION INDUSTRY IN THE NEW YORK METROPOLITAN AREA.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | No data |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7045141
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1970
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $30,430,664
- Income (IRS master file)
- $14,227,340
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $4,357,094 | $3,873,130 | $25,442,157 | IRS |
| 990 | December 2022 | $4,569,952 | $3,846,701 | $23,284,401 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about HEAVY CONSTRUCTION INDUSTRY FUND
- What is the EIN of HEAVY CONSTRUCTION INDUSTRY FUND?
- The employer identification number (EIN) of HEAVY CONSTRUCTION INDUSTRY FUND is 23-7045141.
- Is HEAVY CONSTRUCTION INDUSTRY FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1970.
- Are donations to HEAVY CONSTRUCTION INDUSTRY FUND tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does HEAVY CONSTRUCTION INDUSTRY 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 HEAVY CONSTRUCTION INDUSTRY FUND due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HEAVY CONSTRUCTION INDUSTRY 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 HEAVY CONSTRUCTION INDUSTRY FUND?
- The 990 for the year ended December 31, 2024 names ROBERT WESSELS.
- Who are the officers and directors of HEAVY CONSTRUCTION INDUSTRY FUND?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does HEAVY CONSTRUCTION INDUSTRY FUND have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $5,771,251, expenses of $4,161,479 and total assets of $27,871,106 at year end.
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