WARREN AREA LABOR MANAGEMENT COOPERATION COMMITTEE INC (EIN 341971043) - 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

2008

Legal Domicile

Principal Officer

THOMAS LIPKA

Phone

3307265525

Tax Period

2022-01-01 to 2022-12-31

WARREN AREA LABOR MANAGEMENT COOPERATION COMMITTEE INC, founded in 2008, is a small nonprofit in the Community Improvement sector that reported $208K in total revenue in fiscal year 2022. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $148K, a strong 71% operating margin.

Mission

THIS CORPORATION IS ORGANIZED AS AN INDUSTRY-WIDE COOPERATION COMMITTEE FOR ANY AND ALL PURPOSES SET FORTH IN SECTION 6(B) OF THE LABOR-MANAGEMENT COOPERATION ACT OF 1978 INCLUDING TO ENCOURAGE AND SUPPORT IMPROVEMENTS IN LABOR-MANAGEMENT RELATIONSHIPS, JOB SECURITY, COMPETITIVENESS, PRODUCTIVITY, ORGANIZATIONAL EFFECTIVENESS AND ECONOMIC DEVELOPMENT.

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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 (2022)

Revenue Breakdown

Contributions & Grants $208,132

Program Service Revenue $0

Investment Income $105

Other Revenue $0

TOTAL REVENUE $208,237

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $59,969

Other Expenses $59,969

TOTAL EXPENSES $59,969

Year-over-Year Comparison

	2022	2021	Change
Revenue	$208,237	$167,800	+0.2%
Expenses	$59,969	$64,606	-0.1%
Net Income	$148,268	$103,194	+0.4%

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

$125,053

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE REISER	CHAIRMAN	1.00	Director	$0	$0	$0
TOM LIPKA	VICE CHAIRMAN	1.00	Director	$0	$0	$125,053
JIM ALFANO	TRUSTEE	1.00	Director	$0	$0	$0
MARK PHILLIPS	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL NEMKOVICH	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
2022	$208,237	$59,969	$292,409	$148,268

WARREN AREA LABOR MANAGEMENT COOPERATION COMMITTEE INC