SOUTHEAST MA ELECTRICAL INDUSTRY LABOR MANAGEMENT COOPERATION TRUST (EIN 274076016) - 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

2010

Legal Domicile

Principal Officer

Steven M Barry

Phone

5088802690

Tax Period

2023-01-01 to 2023-12-31

SOUTHEAST MA ELECTRICAL INDUSTRY LABOR MANAGEMENT COOPERATION TRUST, founded in 2010, is a community nonprofit in the Employment sector that reported $1.0M in total revenue in fiscal year 2023. Revenue surged 73% from the prior year, signaling strong growth momentum. The organization ran a surplus of $669K, a strong 65% operating margin.

Mission

TO PROMOTE JOINT LABOR MANAGEMENT ACTIVITIES IN SUPPORT OF OBTAINING WORK FOR SIGNATORY CONTRACTORS AND UNION MEMBERS

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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 $1,025,549

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,025,549

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $356,807

TOTAL EXPENSES $356,807

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,025,549	$591,314	+0.7%
Expenses	$356,807	$570,238	-0.4%
Net Income	$668,742	$21,076	+30.7%

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

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

$334,958

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUGLAS NELSON	BUSINESS MANAGER	001.00	Officer	$0	$55,293	$172,220
STEVEN M BARRY	PRESIDENT	001.00	Officer	$0	$55,293	$162,488
RICHARD MASCARENHAS	RECORDING SECRETARY	001.00	Officer	$0	$0	$250
WILLIAM WARREN	TREASURER	001.00	Officer	$0	$0	$0
BARTHOLOMEW PERRY	BUSINESS AGENT	001.00	Officer	$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	$1,025,549	$356,807	$1,600,659	$668,742
2022	$591,314	$570,238	$1,028,593	$21,076
2021	$474,123	$443,410	$989,860	$30,713
2020	$341,465	$366,879	$959,147	$-25,414
2019	$463,771	$231,315	$984,561	$232,456
2018	$580,899	$295,956	$752,105	$284,943

SOUTHEAST MA ELECTRICAL INDUSTRY LABOR MANAGEMENT COOPERATION TRUST