NECA-IBEW 701 LABOR MANAGEMENT COOPERATION COMMITTEE

EIN: 364017836

WARRENVILLE, IL

Total Revenue
$634,738
Total Expenses
$625,914
Total Assets
$1,645,000
Net Assets
$1,628,248
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
IL
Phone
6303931701
Tax Period
2024-06-01 to 2025-05-31

NECA-IBEW 701 LABOR MANAGEMENT COOPERATION COMMITTEE, founded in 1995, is a small nonprofit that reported $635K in total revenue in fiscal year 2024. Net assets of $1.6M represent 31 months of operating reserves.

Mission

FURTHER LABOR-MANAGEMENT COOPERATION

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $20,000
Program Service Revenue $578,140
Investment Income $36,598
Other Revenue $0
TOTAL REVENUE $634,738

Expense Breakdown

Grants Paid $21,319
Salaries & Benefits $296,668
Fundraising Expenses $0
Other Expenses $307,927
TOTAL EXPENSES $625,914

Year-over-Year Comparison

2024 2023 Change
Revenue $634,738 $646,582 0.0%
Expenses $625,914 $751,614 -0.2%
Net Income $8,824 $-105,032 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
4
Employees
6
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
6
$2,318
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tony Giunti DIRECTOR 3.00
Director
$0 $0 $0
Lee Cerny DIRECTOR 3.00
Director
$608 $582 $1,190
PETER CATTANEO JR DIRECTOR 3.00
Director
$0 $0 $0
Ken Bronski DIRECTOR 3.00
Director
$0 $0 $0
James Nichols DIRECTOR 3.00
Director
$577 $551 $1,128
Kelly Lestina DIRECTOR 3.00
Director
$0 $0 $0
KARYN CHARVAT EXECUTIVE DIRECTOR 40.00
Highest
$123,052 $30,406 $153,458
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 $634,738 $625,914 $1,645,000 $8,824
2024 $646,582 $751,614 $1,590,549 $-105,032
2023 $659,246 $531,732 $1,565,414 $127,514
2022 $662,856 $525,690 $1,504,083 $137,166
2021 $515,159 $508,031 $1,495,424 $7,128
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare NECA-IBEW 701 LABOR MANAGEMENT COOPERATION COMMITTEE with other nonprofits in Illinois and across the country.