LOCAL NO 7 LABOR MANAGEMENT COOPERATION FUND (EIN 223865264) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

DANIEL D'ALMA

Phone

4137347137

Tax Period

2024-07-01 to 2025-06-30

LOCAL NO 7 LABOR MANAGEMENT COOPERATION FUND, founded in 2002, is a small nonprofit in the Employment sector that reported $636K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $846K exceeded revenue, resulting in a 33% operating deficit.

Mission

TO PROMOTE JOINT LABOR MANAGEMENT ACTIVITIES IN SUPPORT OF OBTAINNING WORK FOR SIGNATORY CONTRACTORS AND UNION MEMBERS

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $629,884

Investment Income $6,527

Other Revenue $0

TOTAL REVENUE $636,411

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $835,652

Other Expenses $846,460

TOTAL EXPENSES $846,460

Year-over-Year Comparison

	2024	2023	Change
Revenue	$636,411	$574,619	+0.1%
Expenses	$846,460	$988,743	-0.1%
Net Income	$-210,049	$-414,124	-0.5%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

N/A

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

Total Directors

$504,173

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL D'ALMA	Trustee	1.00	Director	$0	$53,186	$171,455
ROBERT WILSON	TRUSTEE	1.00	Director	$0	$53,186	$166,359
JEREMY DUNN	TRUSTEE	1.00	Director	$0	$53,186	$166,359
MICHAEL J QUINN	TRUSTEE	1.00	Director	$0	$0	$0
LARRY EAGAN	TRUSTEE	1.00	Director	$0	$0	$0
DENNIS ROBERTS	TRUSTEE	1.00	Director	$0	$0	$0

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
2025	$636,411	$846,460	$1,254,790	$-210,049
2024	$574,619	$988,743	$1,464,839	$-414,124
2023	$611,600	$665,476	$1,878,963	$-53,876
2022	$1,870,904	$2,074,171	$1,932,839	$-203,267
2021	$3,107,903	$2,209,686	$2,136,106	$898,217
2020	$541,536	$1,140,461	$1,237,889	$-598,925
2019	$756,898	$811,507	$1,836,814	$-54,609
2018	$1,271,112	$754,397	$1,891,423	$516,715

LOCAL NO 7 LABOR MANAGEMENT COOPERATION FUND