THE LABOR TEMPLE ASSOCIATION REAL ESTATE HOLDINGSINC (EIN 383666613) - 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

2001

Legal Domicile

Principal Officer

DAVE SCHUTTA

Phone

6123791558

Tax Period

2024-01-01 to 2024-12-31

THE LABOR TEMPLE ASSOCIATION REAL ESTATE HOLDINGSINC, founded in 2001, is a small nonprofit in the Community Improvement sector that reported $159K in total revenue in fiscal year 2024. Revenue surged 514% from the prior year, signaling strong growth momentum.

Mission

THE ORGANIZATION'S SOLE PURPOSE IS TO OWN TITLE TO REAL PROPERTY THAT WILL BE USED AS LABOR TEMPLES, COLLECT INCOME THEREFROM, AND TURN OVER THE ENTIRE AMOUNT OF SUCH INCOME, LESS EXPENSES, TO THE LABOR TEMPLE ASSOCIATION, INC., THE ORGANIZATION'S SOLE MEMBER AND A NONPROFIT ORGANIZATION QUALIFIED FOR TAX EXEMPTION UNDER 501(C)(5) OF THE INTERNAL REVENUE CODE.

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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 $0

Investment Income $2,092

Other Revenue $157,055

TOTAL REVENUE $159,147

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2024	2023	Change
Revenue	$159,147	$25,936	+5.1%
Expenses	N/A	N/A	N/A
Net Income	N/A	$25,936	N/A

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

N/A

Independent Members

N/A

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

$24,000

Total Directors

$38,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HARRY MELANDER	DIRECTOR	1.00	Director	$1,600	$0	$1,600
FRANK MISKOWIEC	DIRECTOR	1.00	Director	$1,600	$0	$1,600
RUSSELL SCHERBER	PRESIDENT	10.00	Officer Director	$1,600	$0	$12,000
TIM HOUSE	VICE PRESIDENT	1.00	Director	$1,600	$0	$1,600
DAN MCCONNELL	DIRECTOR	1.00	Director	$1,600	$0	$1,600
ROD DOLAN	DIRECTOR	1.00	Director	$1,600	$0	$1,600
DAVID SCHUTTA	SECRETARY/TREASURER	10.00	Officer Director	$1,600	$0	$12,000
DOUG SCHROEDER	DIRECTOR	1.00	Director	$1,600	$0	$1,600
MARK CONROY	DIRECTOR	1.00	Director	$1,600	$0	$1,600
BRIAN BURG	DIRECTOR	1.00	Director	$1,600	$0	$1,600
TIM MARDELL	DIRECTOR	1.00	Director	$1,600	$0	$1,600

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	$159,147	No data	$3,817,452	No data
2023	$25,936	No data	$3,671,335	No data
2022	$21,871	No data	$4,345,321	No data
2021	$1,608	No data	$4,326,118	No data
2020	$46,447	No data	$4,357,826	No data

THE LABOR TEMPLE ASSOCIATION REAL ESTATE HOLDINGSINC