NEW JERSEY STATE LABORERS-EMPLOYERS COOPERATION AND EDUCATION TRUST (EIN 223060614) - 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

Phone

6098609223

Tax Period

2024-01-01 to 2024-12-31

NEW JERSEY STATE LABORERS-EMPLOYERS COOPERATION AND EDUCATION TRUST, founded in 1990, is a community nonprofit that reported $7.9M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $3.0M, a strong 38% operating margin.

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.

🔒

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 $6,651,152

Investment Income $1,210,173

Other Revenue $0

TOTAL REVENUE $7,861,325

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,041,726

Fundraising Expenses $0

Other Expenses $863,754

TOTAL EXPENSES $4,905,480

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,861,325	$6,689,575	+0.2%
Expenses	$4,905,480	$7,060,870	-0.3%
Net Income	$2,955,845	$-371,295	-9.0%

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

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

$780,478

Total Directors

Key Employees

$323,220

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL E HELLSTROM	CO-CHAIRMAN	2.00	Director	$0	$0	$0
JEFFREY WATERS	CO-CHAIRMAN	2.00	Director	$0	$0	$0
MARK HALL	MANAGEMENT TRUSTEE	2.00	Director	$0	$0	$0
JACK KOCSIS JR	MANAGEMENT TRUSTEE	2.00	Director	$0	$0	$0
DAVE RIBLE	MANAGEMENT TRUSTEE	2.00	Director	$0	$0	$0
ANTHONY CAPACCIO	LABOR TRUSTEE	2.00	Director	$0	$0	$0
PAUL ROLDAN	LABOR TRUSTEE	2.00	Director	$0	$0	$0
MANUEL AMADOR	LABOR TRUSTEE	2.00	Director	$0	$0	$0
STEVEN GARDNER	DIRECTOR	40.00	Officer	$297,248	$138,243	$435,491
COLLEEN CONNOLLY	ADMINISTRATOR	40.00	Officer	$229,670	$115,317	$344,987
MICHAEL CATERINA	ASST DIRECTOR	40.00	Key Emp	$213,478	$109,742	$323,220
CHRISTOPHER MCGREEVY	IT DIRECTOR	40.00	Highest	$225,445	$114,871	$340,316
CIRO SCALERA	LEGISLATIVE DIR.	40.00	Highest	$202,715	$106,152	$308,867
JENNIFER MANCUSO	EMPLOYEE	40.00	Highest	$197,315	$104,316	$301,631
FRANCISCO MALDONADO	EMPLOYEE	40.00	Highest	$194,757	$103,907	$298,664
ROBERT LEWANDOWSKI	COMMUNICATIONS DIR	40.00	Highest	$191,559	$102,480	$294,039

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	$7,861,325	$4,905,480	$33,068,426	$2,955,845
2023	$6,689,575	$7,060,870	$30,829,997	$-371,295
2022	$6,502,865	$1,330,994	$28,372,733	$5,171,871
2021	$6,151,896	$4,013,592	$20,273,611	$2,138,304
2020	$6,375,137	$5,975,552	$17,899,654	$399,585
2019	$6,016,213	$4,627,810	$14,790,957	$1,388,403
2018	$4,447,166	$3,335,898	$11,723,039	$1,111,268

NEW JERSEY STATE LABORERS-EMPLOYERS COOPERATION AND EDUCATION TRUST