LABOR MANAGEMENT COOPERATION COMM (EIN 341732937) - 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

1993

Legal Domicile

Phone

4196666040

Tax Period

2024-01-01 to 2024-12-31

LABOR MANAGEMENT COOPERATION COMM, founded in 1993, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2024. Expenses of $1.6M exceeded revenue, resulting in a 25% operating deficit.

Mission

SUPPORT COMMITTEES TO BENEFIT 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 $1,211,132

Program Service Revenue $0

Investment Income $102,858

Other Revenue $-24,831

TOTAL REVENUE $1,289,159

Expense Breakdown

Grants Paid $34,100

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,573,126

TOTAL EXPENSES $1,607,226

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,289,159	$1,208,258	+0.1%
Expenses	$1,607,226	$956,433	+0.7%
Net Income	$-318,067	$251,825	-2.3%

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

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
ROY GROSSWILER	CHAIRMAN	1.00	Director	$0	$0	$0
TODD MICHAELSEN	SECRETARY	1.00	Director	$0	$0	$0
LEROY SMITH	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL HEFFERNAN	ATTORNEY	1.00	Director	$0	$0	$0
TOM SUSOR Sr	CHAIRMAN MANAGEMENT	1.00	Director	$0	$0	$0
SHAUN ENRIGHT	TRUSTEE	1.00	Director	$0	$0	$0
SPURG TEDROW	TRUSTEE	1.00	Director	$0	$0	$0
TOM ENRIGHT	TRUSTEE	1.00	Director	$0	$0	$0
ERIC SMART	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
2024	$1,289,159	$1,607,226	$4,419,679	$-318,067
2023	$1,208,258	$956,433	$4,738,014	$251,825
2022	$1,319,554	$988,888	$4,483,144	$330,666
2021	$1,015,403	$872,950	$4,152,478	$142,453
2020	$1,373,434	$885,523	$4,014,075	$487,911
2019	$1,449,754	$956,157	$3,522,943	$493,597
2018	$1,143,445	$878,260	$3,027,555	$265,185

LABOR MANAGEMENT COOPERATION COMM