Public Charity

HEAVY & GENERAL LABORERS UNION LOCALS 472 & 172 OF NJ MARKET RECOVERY FUND

HEAVY & GENERAL LABORERS UNION LOCALS 472 & 172 OF NJ MARKET RECOVERY FUND, of NEWARK, NJ, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $7.1M in revenue, $333K in expenses, $22.0M in total assets. IRS filings disclose 6 grants awarded by this foundation, totaling roughly $311K.

EIN: 876623935 NEWARK, NJ Latest filing: 2025
Total Revenue$7.1M
Total Expenses$333K
Total Assets$22.0M
Grants Given6
Grant Total$311K
Filing Years2022–2025

Mission

TO IMPROVE COMMUNICATIONS AND ENGENDER COOPERATIVE AND HARMONIOUS RELATIONS BETWEEN AND AMONG REPRESENTATIVES OF LABOR AND MANAGEMENT IN THE INDUSTRY, AND PROVIDE A FORUM FOR DISCUSSION OF MATTERS OF MUTUAL INTEREST AND TO PRESERVE, IDENTIFY AND EXPAND WORK OPPORTUNITIES FOR EMPLOYEES REPRESENTED BY THE UNION AND THEIR EMPLOYERS IN THE INDUSTRY.

Sample Grants Given

HUTTON CONSTRUCTION LLC
CEDAR GROVE, NJ · 2024
TO SUCCESSFULLY BID AND OBTAIN JOBS IN CONSTRUCTION INDUSTRY
$121,984
SANITARY CONSTRUCTION COMPANY INC
FAIRFIELD, NJ · 2024
TO SUCCESSFULLY BID AND OBTAIN JOBS IN CONSTRUCTION INDUSTRY
$81,844
BENCARDINO EXCAVATING INC
BENSALEM, PA · 2024
TO SUCCESSFULLY BID AND OBTAIN JOBS IN CONSTRUCTION INDUSTRY
$60,355
SOUTH STATE INC
BRIDGETON, NJ · 2024
TO SUCCESSFULLY BID AND OBTAIN JOBS IN CONSTRUCTION INDUSTRY
$22,180
VA SPATZ AND SONS CONSTRUCTION INC
HAMPTON, NJ · 2024
TO SUCCESSFULLY BID AND OBTAIN JOBS IN CONSTRUCTION INDUSTRY
$3,600

Showing up to 5 of 6 total records — full history available with membership.

Officers & Directors

TRUSTEE Anthony Capaccio
TRUSTEE - EFF 4/24 Brian Delpome
TRUSTEE David Rible
TRUSTEE Frank Criscola Jr
CO-CHAIRMAN Jack Kocsis Jr
TRUSTEE Jeffrey S Waters

Officer compensation and complete director data available with membership.

Top Grant Purposes

TO SUCCESSFULLY BID AND OBTAIN JOBS IN CONSTRUCTION INDUSTRY
$310,608 6 grants

Financial Trends

Year Revenue Expenses Assets
2025 $7.1M $333K $22.0M
2024 $6.7M $64K $15.0M
2023 $1.1M $8K $7.3M
2022 $6.3M $48K $6.3M

Between 2022 and 2025, reported annual revenue grew from $6.3M to $7.1M (+13%), with total assets most recently reported at $22.0M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in NJ, PA.

NJPA

Full geographic grant map with state-by-state breakdown available with membership.

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