Laborers Local 1191 Employers Coop… - Form 990 Financial Data

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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

1999

Legal Domicile

Phone

5173217502

Tax Period

2024-09-01 to 2025-08-31

Laborers Local 1191 Employers Cooperation and Ed, founded in 1999, is a community nonprofit in the Employment sector that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. The organization ran a surplus of $973K, a strong 67% operating margin.

Mission

THE PURPOSE OF THE FUND IS TO ADDRESS MUTUAL INDUSTRY CONCERNS OF LABOR AND MANAGEMENT.

Program Service Accomplishments

Program 1

Expenses: $270,020

COOPERATE AND PARTICIPATE IN PROGRAMS AND ORGANIZATIONS TO ADVANCE MUTUAL LABOR AND MANAGEMENT INTEREST WITHIN THE 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 $0

Program Service Revenue $1,186,244

Investment Income $260,493

Other Revenue $4,170

TOTAL REVENUE $1,450,907

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $270,020

Other Expenses $478,033

TOTAL EXPENSES $478,033

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,450,907	$1,088,922	+0.3%
Expenses	$478,033	$163,031	+1.9%
Net Income	$972,874	$925,891	+0.1%

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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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

$386,726

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL AARON	TRUSTEE	1.00	Director	$0	$0	$197,219
MIKYIA AARON	CHAIRMAN	1.00	Director	$0	$0	$189,507
LANCE BINONIEMI	SECRETARY	1.00	Director	$0	$0	$0
ROBERT COPPERSMITH	TRUSTEE	1.00	Director	$0	$0	$0
JOSH GRAVES	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
2025	$1,450,907	$478,033	$8,679,078	$972,874
2024	$1,088,922	$163,031	$7,422,711	$925,891
2023	$1,394,542	$126,923	$6,019,235	$1,267,619
2022	$1,436,797	$103,641	$4,597,553	$1,333,156
2021	$914,610	$83,579	$3,620,231	$831,031
2020	$852,159	$135,218	$2,816,770	$716,941
2019	$777,168	$86,289	$2,040,820	$690,879
2018	$676,890	$245,566	$1,296,656	$431,324

Laborers Local 1191 Employers Cooperation and Ed