SMART LOCAL 265 LABOR MANAGEMENT COOPERATIVE COMMITTEE TRUST FUND

EIN: 364146794

DOWNERS GROVE, IL

Total Revenue
$2,502,140
Total Expenses
$2,024,917
Total Assets
$4,847,930
Net Assets
$4,698,615
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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
1997
Legal Domicile
IL
Principal Officer
MATT GUGALA
Phone
6306680110
Tax Period
2024-06-01 to 2025-05-31

SMART LOCAL 265 LABOR MANAGEMENT COOPERATIVE COMMITTEE TRUST FUND, founded in 1997, is a community nonprofit that reported $2.5M in total revenue in fiscal year 2024. The organization ran a surplus of $477K, a strong 19% operating margin.

Mission

TO ASSIST WORKERS AND EMPLOYERS IN SOLVING PROBLEMS OF MUTUAL CONCERN, TO IMPROVE EMPLOYMENT OPPORTUNITIES FOR EMPLOYEES, TO EXPAND THE MARKET FOR THE CONSTRUCTION INDUSTRY, TO IMPROVE COMMUNICATION BETWEEN LABOR AND MANAGEMENT, TO PROVIDE WORKERS AND EMPLOYERS WITH OPPORTUNITIES TO EXPLORE JOINT APPROACHES TO ORGANIZATION AND EFFECTIVENESS, AND TO PROVIDE SCHOLARSHIPS FOR THE BENEFIT OF EMPLOYEES AND THEIR FAMILIES FOR STUDY AT EDUCATIONAL INSTITUTIONS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,464,208
Investment Income $37,932
Other Revenue $0
TOTAL REVENUE $2,502,140

Expense Breakdown

Grants Paid $1,007,716
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $729,397
TOTAL EXPENSES $2,024,917

Year-over-Year Comparison

2024 2023 Change
Revenue $2,502,140 $2,512,200 0.0%
Expenses $2,024,917 $2,101,950 0.0%
Net Income $477,223 $410,250 +0.2%
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

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Governance

Voting Members
10
Independent Members
10
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
0
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATT GUGALA CHAIRMAN 3.00
Director
$0 $0 $0
BRIAN DAHLMAN TRUSTEE 3.00
Director
$0 $0 $0
KEVIN GALASS TRUSTEE 3.00
Director
$0 $0 $0
RON MIKA TRUSTEE 3.00
Director
$0 $0 $0
BRIAN MCSHERRY TRUSTEE 3.00
Director
$0 $0 $0
HENRY ARTLIP TRUSTEE 3.00
Director
$0 $0 $0
RIC DAHLMAN TRUSTEE 3.00
Director
$0 $0 $0
JOHN SHAW TRUSTEE 3.00
Director
$0 $0 $0
KEN WIESBROOK TRUSTEE 3.00
Director
$0 $0 $0
JEFF LUTKITSH TRUSTEE 3.00
Director
$0 $0 $0
JOHN DANIEL FORMER CHAIRMAN 3.00
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
2025 $2,502,140 $2,024,917 $4,847,930 $477,223
2024 $2,512,200 $2,101,950 $4,335,113 $410,250
2023 $2,369,961 $1,761,756 $3,907,256 $608,205
2022 $2,172,935 $1,788,527 $3,304,572 $384,408
2021 $2,164,471 $1,680,679 $2,906,422 $483,792
2020 $2,038,185 $1,472,781 $2,347,771 $565,404
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