ROCKFORD PIPE TRADES LABOR MANAGEMENT COOPERATION COUNCIL

EIN: 262258555 Community Improvement

ROCKFORD, IL

Total Revenue
$401,447
Total Expenses
$610,291
Total Assets
$177,855
Net Assets
$177,855
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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
2008
Legal Domicile
IL
Principal Officer
RANDY ALLEN
Phone
8153978350
Tax Period
2023-01-01 to 2023-12-31

ROCKFORD PIPE TRADES LABOR MANAGEMENT COOPERATION COUNCIL, founded in 2008, is a small nonprofit in the Community Improvement sector that reported $401K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $610K exceeded revenue, resulting in a 52% operating deficit.

Mission

TO ASSIST WORKERS AND EMPLOYERS IN SOLVING PROBLEMS OF MUTUAL CONCERN NOT SUSCEPTIBLE TO RESOLUTION WITHIN THE COLLECTIVE BARGAINING PROCESS, TO IMPROVE THE EMPLOYMENT OPPORTUNITIES FOR WORKERS, TO EXPAND THE MARKET FOR THE CONSTRUCTION INDUSTRY, TO IMPROVE COMMUNICATIONS BETWEEN LABOR AND MANAGEMENT, AND TO PROVIDE WORKERS AND EMPLOYERS WITH OPPORTUNITIES TO EXPLORE JOINT APPROACHES TO 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $398,396
Investment Income $3,051
Other Revenue $0
TOTAL REVENUE $401,447

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $610,291
TOTAL EXPENSES $610,291

Year-over-Year Comparison

2023 2022 Change
Revenue $401,447 $345,203 +0.2%
Expenses $610,291 $342,666 +0.8%
Net Income $-208,844 $2,537 -83.3%
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

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Governance

Voting Members
10
Independent Members
10
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
0
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIMOTHY HUFF SECRETARY 1.00
Director
$0 $0 $0
RYAN TRACEY LABOR TRUSTEE 1.00
Director
$0 $0 $0
TIM PICKETT LABOR TRUSTEE 1.00
Director
$0 $0 $0
RYAN MARSHALL LABOR TRUSTEE 1.00
Director
$0 $0 $0
RANDY ALLEN LABOR TRUSTEE - PAST 1.00
Director
$0 $0 $0
WILLIAM SPRAGUE CHAIRMAN - NEW / EMPLOYER TRUSTEE - PAST 1.00
Director
$0 $0 $0
JAMES ZWEEP CHAIRMAN - PAST 1.00
Director
$0 $0 $0
KEVIN SCHIAVO EMPLOYER TRUSTEE 1.00
Director
$0 $0 $0
STEVE CERONI EMPLOYER TRUSTEE 1.00
Director
$0 $0 $0
BRIAN HELM EMPLOYER TRUSTEE 1.00
Director
$0 $0 $0
ZACK ZWEEP EMPLOYER TRUSTEE - NEW 1.00
Director
$0 $0 $0
TONY TRANTER LABOR TRUSTEE - NEW 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
2024 No data No data No data No data
2023 $401,447 $610,291 $177,855 $-208,844
2022 $345,203 $342,666 $380,713 $2,537
2021 $297,573 $171,535 $392,250 $126,038
2020 $251,702 $163,240 $262,871 $88,462
2019 $211,258 $206,972 $169,245 $4,286
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