IBEW LOCAL UNION 712 LABOR MNGMNT COOPERATION COMMITTEE INC (EIN 251782996) - 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

1995

Legal Domicile

Principal Officer

MATT COWIE

Phone

4124321125

Tax Period

2023-01-01 to 2023-12-31

IBEW LOCAL UNION 712 LABOR MNGMNT COOPERATION COMMITTEE INC, founded in 1995, is a micro nonprofit that reported $61K in total revenue in fiscal year 2023. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $114K exceeded revenue, resulting in a 88% operating deficit.

Mission

TO PROVIDE EMPLOYEES AND EMPLOYERS WITH OPORTUNITIES TO STUDY AND EXPLORE NEW AND INNOVATIVE JOINT APPROACHES TO ACHIEVING ORGANIZATIONAL EFFECTIVENESS

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $60,919

Investment Income $0

Other Revenue $0

TOTAL REVENUE $60,919

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $114,332

TOTAL EXPENSES $114,332

Year-over-Year Comparison

	2023	2022	Change
Revenue	$60,919	$163,285	-0.6%
Expenses	$114,332	$122,708	-0.1%
Net Income	$-53,413	$40,577	-2.3%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JONATHAN R BRUCE	TRUSTEE	0.50	Director	$0	$0	$0
FRANK TELESZ THRU 72024	TRUSTEE	0.50	Director	$0	$0	$0
MIKE ROBINSON JR	TRUSTEE	0.50	Director	$0	$0	$0
MATT COWIE	TRUSTEE	0.50	Director	$0	$0	$0
JOHN KOCHANOWSKI THRU 62024	TRUSTEE	0.50	Director	$0	$0	$0
CHRIS LEVITT	TRUSTEE	0.50	Director	$0	$0	$0
DECLAN PAPE	TRUSTEE	0.50	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
2024	No data	No data	No data	No data
2023	$60,919	$114,332	$698,467	$-53,413
2022	$163,285	$122,708	$754,291	$40,577
2021	$342,254	$37,673	$723,470	$304,581
2020	$209,551	$37,887	$409,585	$171,664

IBEW LOCAL UNION 712 LABOR MNGMNT COOPERATION COMMITTEE INC