BUILDING FUTURES

Financials

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 June 30, 2025, highest compensation first.

Address and contacts

Address (IRS master file)

1 ACORN ST, PROVIDENCE, RI 02903-1028

In care of

% ANDREW L CORTES

Principal officer (990 for 2024)

ANDREW CORTES, ONE ACORN STREET, PROVIDENCE, RI 02903

Signed the 990

ANDREW CORTES, PRESIDENT & CEO

Phone

(401) 919-5919

Website

WWW.BFRI.ORG

Return prepared by

PKF O'CONNOR DAVIES ADVISORY LLC

Mission

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.

Program accomplishments

• BUILDING FUTURES -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; STRATEGIES TO INCREASE EMPLOYER DEMAND FOR 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.BUILDING FUTURES' COMPREHENSIVE, NATIONALLY RECOGNIZED PRE-APPRENTICESHIP TRAINING PROGRAM (BF200) PREPARES ADULTS FOR EMPLOYMENT IN ONE OF MANY BUILDING TRADE APPRENTICESHIPS, INCLUDING ELECTRICIANS, CARPENTERS, PLUMBERS, IRONWORKERS, PAINTERS, AND LABORERS, AMONG OTHERS. THIS 200-HOUR HANDS-ON PRE-APPRENTICESHIP TRAINING FOCUSES ON BASIC COMPETENCIES NEEDED ACROSS ALL CONSTRUCTION TRADES. WHILE ENROLLED FULL-TIME, PARTICIPANTS RECEIVE A TRAINING ALLOWANCE TO ENSURE RETENTION AND SUCCESSFUL PROGRAM COMPLETION. GRADUATES EARN MULTIPLE INDUSTRY-RECOGNIZED CERTIFICATIONS THAT HELP ENSURE ENTRY INTO THEIR CHOSEN TRADE. ALL GRADUATES RECEIVE ASSISTANCE WHILE CHOOSING A TRADE OCCUPATION AND PREPARING FOR APPRENTICESHIP PROGRAM INTERVIEWS AND ENTRANCE EXAMS, AS WELL AS SUPPORT SERVICES DURING THEIR FIRST YEAR OF APPRENTICESHIP AND BEYOND.BUILDING FUTURES REMAINS THE ONLY STATE-REGISTERED CONSTRUCTION PRE-APPRENTICESHIP PROGRAM IN RHODE ISLAND. DIRECT ENTRY AGREEMENTS WITH THE RI BUILDING AND CONSTRUCTION TRADES COUNCIL UNIONS ALLOW FOR PRIORITY ENTRANCE FOR OUR PROGRAM GRADUATES INTO THEIR PREFERRED TRADE. TO DATE, 607 PARTICIPANTS HAVE GRADUATED FROM BF200 PRE-APPRENTICESHIP, INCLUDING 58 IN FY25. IN FY25, WE OPERATED FOUR CYCLES OF BF200 IN DIRECT RESPONSE TO GROWING DEMAND FOR TRAINING.ELECTIVE TRAININGS SUPPLEMENT BF200 PRE-APPRENTICESHIP, FURTHER PREPARING GRADUATES FOR SUCCESS IN EMPLOYMENT. THE GRADUATE SERVICE LEARNING ("GSL") ELECTIVE ALLOWS GRADUATES TO PARTICIPATE IN A RANGE OF HANDS-ON, COMMUNITY-BASED PROJECTS. IN FY25, TRAINEES CONSTRUCTED A VULTURE HABITAT AT ROGER WILLIAMS PARK ZOO, AS WELL AS FIVE UTILITY SHEDS THAT WERE DISTRIBUTED TO SOUTHSIDE COMMUNITY LAND TRUST, THE HMONG COMMUNITY FARM IN CRANSTON, THE CHARLES STREET COMMUNITY GARDEN, AND OUR OWN TREE NURSERY.OUR CERTIFIED WELDING ELECTIVE TRAINING, HELD THREE TIMES PER YEAR, IS A THREE-WEEK COURSE IN INDUSTRIAL WELDING TAUGHT BY AN AMERICAN WELDING SOCIETY-CERTIFIED INSTRUCTOR. THESE ELECTIVES AUGMENT THE CORE PRE-APPRENTICESHIP IN PREPARING GRADUATES FOR ENTRY AND SUCCESS IN REGISTERED APPRENTICESHIPS. IN FY25, 46 PEOPLE PARTICIPATED IN GSL, AND ANOTHER 18 COMPLETED WELDING CERTIFICATION TRAINING.AS OF THE END OF FY25, 476 PRE-APPRENTICESHIP GRADUATES HAVE ENTERED EMPLOYMENT, INCLUDING 459 WHO ENTERED CONSTRUCTION THROUGH REGISTERED APPRENTICESHIP PROGRAMS. THIRTY-NINE GRADUATES ENTERED CONSTRUCTION REGISTERED APPRENTICESHIPS IN FY25 ALONE. OVER 90% OF BF200 GRADUATES ARE RETAINED IN THEIR APPRENTICESHIP AFTER ONE YEAR, AND 81% COMPLETE THEIR THREE-TO-FIVE-YEAR APPRENTICESHIPS. WITH EMPLOYER AND TRADE PARTNERS, BUILDING FUTURES CONTINUES TO REFINE AND EXPAND ITS PRE-APPRENTICESHIP PROGRAM AND HAS BEEN NATIONALLY RECOGNIZED FOR ITS BEST PRACTICES BY THE U.S. DEPARTMENT OF LABOR AND OTHERS.RECRUITMENT, TRAINING, PLACEMENT, AND RETENTION OF WOMEN IN THE TRADES IS PART OF BUILDING FUTURES' ONGOING EFFORTS TO INCREASE THE DIVERSITY AND NUMBER OF QUALIFIED CANDIDATES FOR TRADE APPRENTICESHIP PROGRAMS. BUILDING FUTURES' ALUMNAE LEADERSHIP WORKING GROUP ASSISTS WITH OUTREACH AND RECRUITMENT. BUILDING FUTURES SUPPORTS ITS ALUMNAE IN DEVELOPING THEIR LEADERSHIP SKILLS AND WORKING WITHIN THEIR UNIONS TO SUPPORT WOMEN'S RECRUITMENT AND RETENTION EFFORTS, INCLUDING PARTICIPATION IN THE ANNUAL NORTH AMERICA'S BUILDING TRADES UNIONS CONFERENCE, TRADESWOMEN BUILD NATIONS. BUILDING FUTURES SPONSORED 13 GRADUATES WHO TRAVELED TO NEW ORLEANS FOR THE FALL 2024 TRADESWOMEN BUILD NATIONS CONFERENCE.IN FY24, BUILDING FUTURES PILOTED A BUSINESS DEVELOPMENT CLASS TAILORED FOR BF200 GRADUATES WHO HAVE ADVANCED IN THEIR TRADE AND ARE SEEKING TO BEGIN THEIR OWN BUSINESSES AS CONTRACTORS. BUILDING FUTURES ENGAGED A CONSTRUCTION BUSINESS LEADER TO PROVIDE INSTRUCTION AND COUNSELING SERVICES FOR GRADUATES. THE PROGRAM'S INTENSIVE CURRICULUM COVERS BUSINESS REGISTRATION, BASIC OPERATIONS, REQUIREMENTS NEEDED TO BECOME A CONTRACTOR, MANAGING CASH FLOW, AND RAISING CAPITAL FOR A GROWING CONSTRUCTION BUSINESS.EXPERT PRESENTERS AND COACHES OFFER INSIGHTS FROM THEIR OWN EXPERIENCE AND ENCOURAGE DISCUSSION AND CRITICAL THINKING. IN FY24, NINE BUILDING FUTURES GRADUATES AND SEVERAL OF THEIR FAMILY MEMBERS COMPLETED THE PROGRAM, AND MANY WENT ON TO PURSUE MBE/WBE CERTIFICATION. IN FY25, BUILDING FUTURES WORKED TO DEVELOP THE PILOT MATERIALS INTO A FORMAL SYLLABUS, CURRICULUM, AND LESSON PLANS, WHILE OUR INSTRUCTOR CONTINUED COACHING GRADUATES. WE ARE NOW READY TO LAUNCH THE SECOND ITERATION OF THE PROGRAM.BUILDING FUTURES IS THE STATEWIDE MULTI-CRAFT CORE CURRICULUM (MC3) INTERMEDIARY FOR THE RHODE ISLAND BUILDING & CONSTRUCTION TRADES COUNCIL. MC3 IS A NATIONAL APPRENTICESHIP READINESS CURRICULUM DEVELOPED BY NORTH AMERICA'S BUILDING TRADES UNIONS AND TRADESFUTURES. THIS CURRICULUM OFFERS AN INDUSTRY CREDENTIAL AND EXPOSURE TO BUILDING AND CONSTRUCTION TRADE OPTIONS THAT BEGIN WITH REGISTERED APPRENTICESHIP. ALL BUILDING FUTURES PRE-APPRENTICESHIP AND BUILDING FUTURES INSIDE APPRENTICESHIP READINESS PARTICIPANTS EARN THE MC3 ALONG WITH OTHER CREDENTIALS. BUILDING FUTURES ALSO ADMINISTERS MC3 WITH PARTNER HIGH SCHOOLS AND THE COMMUNITY COLLEGE OF RI. IN FY25, 28 HIGH SCHOOL STUDENTS FROM PROVIDENCE CAREER AND TECHNICAL ACADEMY AND 30 CCRI STUDENTS EARNED MC3 CERTIFICATION. TWO PCTA GRADUATES AND ONE CCRI STUDENT WHO EARNED MC3 ENTERED REGISTERED APPRENTICESHIP. TO DATE, 189 HIGH SCHOOL STUDENTS HAVE EARNED THE CERTIFICATION, WITH 43 ENTERING REGISTERED APPRENTICESHIPS.BUILDING GREEN FUTURES (BGF) PREPARES YOUNG ADULTS, AGES 1824, FOR FULFILLING CAREER PATHWAYS, INCLUDING PRIORITY PLACEMENT IN BUILDING FUTURES' RIGOROUS BF200 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. IN FY25, 22 PARTICIPANTS GRADUATED FROM BGF. TO DATE, 83 YOUNG ADULTS HAVE GAINED WORK READINESS SKILLS WHILE PARTICIPATING IN CLIMATE MITIGATION PROJECTS, INCLUDING PLANTING OVER 500 TREES IN THE PROVIDENCE METRO AREA AND WORKING ON STORMWATER RETENTION INFRASTRUCTURE AND SITE MAINTENANCE WITH LOCAL PARTNER ORGANIZATIONS. THROUGH A PARTNERSHIP WITH WOONASQUATUCKET RIVER WATERSHED COUNCIL (WRWC) AND NARRAGANSETT BAY COMMISSION, BGF PARTICIPANTS CONSTRUCTED A NEIGHBORHOOD URBAN TREE NURSERY IN 2024 TO HOUSE AND MANAGE UP TO 400 TREES FOR FUTURE COMMUNITY PLANTINGS. THIS URBAN TREE NURSERY NOW SERVES AS BGF'S OUTDOOR CLASSROOM.IN FY23, BUILDING FUTURES LAUNCHED BUILDING FUTURES INSIDE (BFI), A CONSTRUCTION APPRENTICESHIP READINESS AND RE-ENTRY PROGRAM FOR INDIVIDUALS WITHIN 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. TO DATE, 31 INDIVIDUALS HAVE GRADUATED FROM BFI, 23 HAVE ADVANCED TO BF200, AND 17 HAVE BEEN PLACED IN A REGISTERED APPRENTICESHIP WITH THE CARPENTERS, CEMENT MASONS, LABORERS, MILLWRIGHTS, AND PAINTERS UNIONS. IN FY25, BUILDING FUTURES PREPARED FOR PROGRAM LAUNCH IN MEDIUM SECURITY. HAVING OVERCOME UNEXPECTED DELAYS, EXPANSION TO MEDIUM SECURITY WILL BEGIN IN FY26, WITH A PLAN TO INCORPORATE MEDIUM SECURITY PROGRAMMING INTO THE YEARLY SCHEDULE FOR BFI, ENSURING THAT THE BENEFITS OF THIS TRAINING CAN REACH MORE ELIGIBLE CANDIDATES.
  Expenses $2,298,527 · grants $7,384
• APPRENTICESHIP RI INITIATIVE -APPRENTICESHIP RHODE ISLAND (ARI), AN INITIATIVE IN PARTNERSHIP WITH THE RI DLT, IS AN EFFORT TO EXPAND 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 (RAPS) FOR OCCUPATIONS IN A RANGE OF DIVERSE INDUSTRIES. ARI HAS WORKED WITH 276 EMPLOYERS, SUCCESSFULLY DEVELOPING RAPS THAT HAVE EMPLOYED AND TRAINED 2,462 APPRENTICES. NEW RAP DEVELOPMENT CONTINUES IN THE AREAS OF EARLY CHILDHOOD EDUCATION, SPECIAL EDUCATION, SCHOOLTEACHER LICENSURE, AND MANUFACTURING. ARI ALSO PLAYS A SIGNIFICANT ROLE IN IMPROVING THE CAPACITY OF THE STATE'S APPRENTICESHIP OFFICE, ALIGNING MULTIPLE SYSTEMS TO CONNECT MORE PEOPLE TO REGISTERED APPRENTICESHIP. THESE ACTIVITIES REFLECT A NATURAL EXPANSION OF BUILDING FUTURES' WORK TO BETTER ACHIEVE ITS MISSION WHILE REPLICATING ITS EFFECTIVE WORK IN THE CONSTRUCTION INDUSTRY.IN 2020, ARI WAS RECOGNIZED BY THE NATIONAL GOVERNORS ASSOCIATION AS ONE OF THE TOP 10 MOST EFFECTIVE PROGRAMS IN THE COUNTRY. TO EXPAND UPON ITS IMPACT IN THE REGISTERED APPRENTICESHIP SYSTEM, BUILDING FUTURES WAS AWARDED A NEW FOUR-YEAR U.S. DOL APPRENTICESHIP BUILDING AMERICA GRANT TO ESTABLISH THE ORGANIZATION AS THE REGISTERED APPRENTICESHIP HUB FOR RHODE ISLAND, SUPPORTING NEW PARTNERSHIPS TO EXPAND RAPS IN THE PUBLIC SECTOR, EDUCATION, AND CLEAN ENERGY INDUSTRIES. AS RHODE ISLAND'S APPRENTICESHIP HUB, BUILDING FUTURES HAS HELPED COORDINATE THE LAUNCH OF THE STATE'S FIRST K12 TEACHER APPRENTICESHIP, EXPAND REGISTERED APPRENTICESHIP TO NEW CHILDCARE EMPLOYERS, AND ENHANCE CONSTRUCTION REGISTERED APPRENTICESHIPS WITH TRAININGS AND CERTIFICATIONS FOR ENERGY-EFFICIENT CONSTRUCTION.
  Expenses $1,190,540 · grants $347,073

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 June, so each return is due on the 15th day of the 5th month after that.

IRS record

EIN

81-3939129

Tax-exempt status

501(c)(3): Charitable, religious, educational or scientific organization

Foundation status

Publicly supported organization (170(b)(1)(A)(vi))

Donations deductible (Pub 78)

Public charity, 50% deduction limit

Exempt since

2016

Accounting year ends

June

Files

Form 990 or 990-EZ

Category (NTEE)

Employment (J20)

Assets (IRS master file)

$4,434,992

Income (IRS master file)

$5,174,271

Filing history

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 81-3939129).

Questions about BUILDING FUTURES

What is the EIN of BUILDING FUTURES?

The employer identification number (EIN) of BUILDING FUTURES is 81-3939129.

Is BUILDING FUTURES tax-exempt?

Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.

Are donations to BUILDING FUTURES tax-deductible?

Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).

Which annual return does BUILDING FUTURES 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 BUILDING FUTURES due?

The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.

When did BUILDING FUTURES last file with the IRS?

The latest return in the IRS public files is the 990 for the year ended June 2025.

Who is the principal officer of BUILDING FUTURES?

The 990 for the year ended June 30, 2025 names ANDREW CORTES.

Who are the officers and directors of BUILDING FUTURES?

The 990 for the year ended June 30, 2025 lists 13 people; 4 received compensation from the organization, the highest $175,568 (ANDREW CORTES, PRESIDENT & CEO).

How much revenue does BUILDING FUTURES have?

On its 990 for the year ended June 30, 2025 it reported revenue of $5,174,271, expenses of $4,109,450 and total assets of $4,434,992 at year end.

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