CENTRAL VA ELECTRICAL CONSTR IND LABOR MGMT COOP COMMITTEE TR FUND

EIN: 260087694 Employment

RICHMOND, VA

Total Revenue
$178,466
Total Expenses
$75,941
Total Assets
$694,870
Net Assets
$694,870
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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
VA
Principal Officer
RICHARD PADILLA
Phone
8046722234
Tax Period
2024-07-01 to 2025-06-30

CENTRAL VA ELECTRICAL CONSTR IND LABOR MGMT COOP COMMITTEE TR FUND, founded in 2004, is a small nonprofit in the Employment sector that reported $144K in total revenue in fiscal year 2022. The organization ran a surplus of $106K, a strong 74% operating margin.

Mission

TO PROMOTE ELECTRICAL CONTRACTORS ENGAGED IN BUSINESS TO ADVANCE THE INDUSTRY AND PROMOTE SOUND LABOR RELATIONS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $178,466
Investment Income $0
Other Revenue $0
TOTAL REVENUE $178,466

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $75,941
TOTAL EXPENSES $75,941

Year-over-Year Comparison

2024 2023 Change
Revenue $178,466 $90,555 +1.0%
Expenses $75,941 $29,850 +1.5%
Net Income $102,525 $60,705 +0.7%
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

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Governance

Voting Members
2
Independent Members
2
Employees
N/A
Volunteers
2

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
1
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD PADILLA EXECUTIVE DIRECTOR 1.00
Officer Director
$0 $0 $0
CHARLES SKELLY UNION 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 $178,466 $75,941 $694,870 $102,525
2024 $90,555 $29,850 $592,345 $60,705
2023 $144,343 $37,869 $531,640 $106,474
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