SHEET METAL WORKERS LOCAL NO 17 LABOR MANAGEMENT COOPERATION TRUST (EIN 042740831) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1990

Legal Domicile

Principal Officer

RICHARD KEOGH

Phone

6174265646

Tax Period

2024-01-01 to 2024-12-31

SHEET METAL WORKERS LOCAL NO 17 LABOR MANAGEMENT COOPERATION TRUST, founded in 1990, is a community nonprofit that reported $7.2M in total revenue in fiscal year 2024.

Mission

EMPLOYMENT OPPORTUNITIES

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $6,849,529

Investment Income $317,716

Other Revenue $0

TOTAL REVENUE $7,167,245

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $7,442,656

Other Expenses $138,796

TOTAL EXPENSES $7,581,452

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,167,245	$7,255,336	0.0%
Expenses	$7,581,452	$7,418,936	+0.0%
Net Income	$-414,207	$-163,600	+1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$250,364

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF CHASE	TRUSTEE	20.00	Director	$0	$0	$0
ROBERT BUTLER	TRUSTEE	40.00	Director	$0	$0	$0
RICHARD KEOGH	ADMINISTRATOR	10.00	Officer	$0	$68,117	$250,364

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$7,167,245	$7,581,452	$6,504,038	$-414,207
2023	$7,255,336	$7,418,936	$6,782,366	$-163,600
2022	$6,840,386	$6,005,018	$6,916,242	$835,368
2021	$5,889,109	$5,904,876	$6,067,327	$-15,767
2020	$4,401,999	$4,598,970	$5,975,148	$-196,971
2019	$5,384,146	$5,291,820	$6,368,636	$92,326
2018	$4,913,750	$4,398,333	$6,334,487	$515,417

SHEET METAL WORKERS LOCAL NO 17 LABOR MANAGEMENT COOPERATION TRUST