The Steamfitting Industry Labor Management Cooperation Committee

EIN: 367498676 Employment

Long Island City, NY

Total Revenue
$161,422
Total Expenses
$218,107
Total Assets
$663,555
Net Assets
$634,269
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
NY
Phone
2124658888
Tax Period
2023-01-01 to 2023-12-31

The Steamfitting Industry Labor Management Cooperation Committee, founded in 2008, is a small nonprofit in the Employment sector that reported $161K in total revenue in fiscal year 2023. Expenses of $218K exceeded revenue, resulting in a 35% operating deficit.

Mission

The Fund was established to improve communication between representatives of labor and mgmt to provide workers employers opportunities to study and explore new joint approaches to achieve organizational effectiveness.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $141,298
Investment Income $0
Other Revenue $20,124
TOTAL REVENUE $161,422

Expense Breakdown

Grants Paid $0
Salaries & Benefits $67,438
Fundraising Expenses $0
Program Expenses $14,362
Other Expenses $136,307
TOTAL EXPENSES $218,107

Year-over-Year Comparison

2023 2022 Change
Revenue $161,422 $151,050 +0.1%
Expenses $218,107 $132,785 +0.6%
Net Income $-56,685 $18,265 -4.1%
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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Governance

Voting Members
4
Independent Members
4
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
1
$493,126
Total Directors
6
$0
Key Employees
3
$828,332
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
William J Turnbull Executive Administrator 002.00
Officer
$22,227 $48,581 $493,126
Steve Cuadra Education Director N/A
Key Emp
$0 $66,027 $300,737
James Ippolito Assistant Administrator N/A
Key Emp
$0 $46,924 $264,546
James C White Assistant Administrator 001.50
Key Emp
$10,811 $46,924 $263,049
Stephen Powers Education Instructor N/A
Highest
$0 $56,420 $242,670
Daniel Knights Education Instructor N/A
Highest
$0 $56,466 $240,413
Jason Grecco Education Instructor N/A
Highest
$0 $56,420 $240,299
Matthew Pizzo Education Instructor N/A
Highest
$0 $56,420 $233,238
Sean Driscoll IT Director N/A
Highest
$0 $26,280 $212,774
Robert Bartels Jr Trustee 002.00
Director
$0 $0 $0
Brian Kearney Jr Trustee 002.00
Director
$0 $0 $0
Anthony Saporito Trustee 002.00
Director
$0 $0 $0
Anthony Bell Trustee 002.00
Director
$0 $0 $0
Daniel Mulligan Trustee 002.00
Director
$0 $0 $0
Michael Mulvaney Trustee 002.00
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 No data No data No data No data
2023 $161,422 $218,107 $663,555 $-56,685
2022 $151,050 $132,785 $694,317 $18,265
2021 $152,774 $92,210 $686,644 $60,564
2020 $145,206 $55,302 $614,278 $89,904
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