IBPAT DISTRICT COUNCIL NO 57 LABOR MANAGEMENT COOPERATION TRUST FUND (EIN 256665841) - 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

1999

Legal Domicile

Principal Officer

BRIAN HERBINKO

Phone

4122765758

Tax Period

2024-07-01 to 2025-06-30

IBPAT DISTRICT COUNCIL NO 57 LABOR MANAGEMENT COOPERATION TRUST FUND, founded in 1999, is a small nonprofit in the Community Improvement sector that reported $333K in total revenue in fiscal year 2024. The organization ran a surplus of $148K, a strong 44% operating margin.

Mission

PROMOTE EDUCATION AND COOPERATION BETWEEN LABOR AND MANAGEMENT IN THE CONSTRUCTION INDUSTRY

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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 $316,068

Investment Income $17,147

Other Revenue $0

TOTAL REVENUE $333,215

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $185,253

TOTAL EXPENSES $185,253

Year-over-Year Comparison

	2024	2023	Change
Revenue	$333,215	$313,022	+0.1%
Expenses	$185,253	$295,552	-0.4%
Net Income	$147,962	$17,470	+7.5%

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

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
BRIAN HERBINKO	CHAIRMAN	1.00	Director	$0	$0	$0
TERRY MANUEL	TRUSTEE	1.00	Director	$0	$0	$0
STEVE OLASH	TRUSTEE	1.00	Director	$0	$0	$0
RON BUECHEL	TRUSTEE	1.00	Director	$0	$0	$0
DAVE LOVELACE	TRUSTEE	1.00	Director	$0	$0	$0
CHRIS KUCHERAWY	TRUSTEE	1.00	Director	$0	$0	$0
ANDY VATER	TRUSTEE	1.00	Director	$0	$0	$0
FRED EPISCOPO	TRUSTEE	1.00	Director	$0	$0	$0
GEORGE ASPIOTES	TRUSTEE	1.00	Director	$0	$0	$0
WILL GURTNER	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	$333,215	$185,253	$808,156	$147,962
2024	$313,022	$295,552	$660,194	$17,470
2023	$308,816	$259,712	$642,724	$49,104
2022	$464,785	$273,777	$593,620	$191,008
2021	$292,586	$135,441	$402,612	$157,145

IBPAT DISTRICT COUNCIL NO 57 LABOR MANAGEMENT COOPERATION TRUST FUND