TEAMSTERS LOCAL 179 LABOR-MANAGEMENT COOPERATION COMMITTEE (EIN 271130588) - 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

2009

Legal Domicile

Principal Officer

CHRIS RICHTER

Phone

8157412200

Tax Period

2024-11-01 to 2025-10-31

TEAMSTERS LOCAL 179 LABOR-MANAGEMENT COOPERATION COMMITTEE, founded in 2009, is a small nonprofit that reported $668K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $791K exceeded revenue, resulting in a 18% operating deficit.

Mission

LABOR-MANAGEMENT COOPERATION COMMITTEE

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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 $655,636

Investment Income $12,387

Other Revenue $132

TOTAL REVENUE $668,155

Expense Breakdown

Grants Paid $6,415

Salaries & Benefits $752,314

Fundraising Expenses $0

Other Expenses $32,379

TOTAL EXPENSES $791,108

Year-over-Year Comparison

	2024	2023	Change
Revenue	$668,155	$606,561	+0.1%
Expenses	$791,108	$666,889	+0.2%
Net Income	$-122,953	$-60,328	+1.0%

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

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
RUSTY TOBEY	TRUSTEE	1.00	Director	$0	$0	$0
MATT MARKETTI	TRUSTEE	1.00	Director	$0	$0	$0
BOB JOLY	TRUSTEE	1.00	Director	$0	$0	$0
BOB CONNERS	TRUSTEE	1.00	Director	$0	$0	$0
DAVID RANDOLPH	TRUSTEE	1.00	Director	$0	$0	$0
BILL SEEMAN	TRUSTEE	1.00	Director	$0	$0	$0
KEN SANDENO	TRUSTEE - NEW	1.00	Director	$0	$0	$0
MARTY RODIN	TRUSTEE - PAST	1.00	Director	$0	$0	$0
JASON COX	CHAIR	1.00	Officer	$0	$0	$0
CHRIS RICHTER	CO-CHAIR	1.00	Officer	$0	$0	$0
DAVID OKNINSKI	BUSINESS AGENT	40.00	Highest	$131,203	$56,100	$187,303
CODY JOLY	BUSINESS AGENT	40.00	Highest	$128,223	$56,100	$184,323
JOHN PHILLIPS	BUSINESS AGENT	40.00	Highest	$128,223	$56,100	$184,323

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	$668,155	$791,108	$452,723	$-122,953
2024	$606,561	$666,889	$575,668	$-60,328
2023	$506,167	$393,204	$635,297	$112,963
2022	$444,176	$368,789	$522,221	$75,387
2021	$424,206	$359,867	$467,804	$64,339
2020	$393,681	$345,084	$408,927	$48,597

TEAMSTERS LOCAL 179 LABOR-MANAGEMENT COOPERATION COMMITTEE