RICHMOND, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CAROLINA LOCAL LABOR MANAGEMENT COOPERATION COMMITTEE, founded in 2009, is a small nonprofit in the Employment sector that reported $484K in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $175K, a strong 36% operating margin.
THE PURPOSE OF THE ORGANIZATION IS IMPROVING COMMUNICATION BETWEEN REPRESENTATIVES OF LABOR AND MANAGEMENT, PROVIDING WORKERS AND EMPLOYERS WITH OPPORTUNITIES TO STUDY AND EXPLORE NEW AND INNOVATIVE JOINT APPROACH TO ACHIEVING ORGANIZATIONAL EFFECTIVENESS, ASSISTING WORKERS AND EMPLOYERS IN SOLVING PROBLEMS, STUDYING AND EXPLORING WAYS OF ELIMINATING POTENTIAL PROBLEMS THAT REDUCE COMPETITIVENESS, ENHANCING THE INVOLVEMENT OF WORKERS IN MAKING DECISIONS THAT AFFECT THEIR WORKING LIVES, EXPANDING AND IMPROVING WORKING RELATIONSHIPS BETWEEN WORKERS AND MANAGERS, AND ENCOURAGING FREE COLLECTIVE BARGAINING BY ESTABLISHING CONTINUING MECHANISMS FOR COMMUNICATION BETWEEN EMPLOYERS AND EMPLOYEES.
SUPPORT OF EXPENSES RELATED TO HOLDING MEETINGS, INDUSTRY RECRUITMENT, MARKETING EFFORTS, BANK FEES AND JOB FAIRS ATTENDED.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $483,546 | $342,770 | +0.4% |
| Expenses | $308,545 | $151,292 | +1.0% |
| Net Income | $175,001 | $191,478 | -0.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MICHAEL CRIBBS | MANAGEMENT TRUSTEE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KEVEN HEBERT | MANAGEMENT TRUSTEE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL HREN | MANAGEMENT TRUSTEE (THRU 9/2024) | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TREVOR KRIEG | MANAGEMENT TRUSTEE (AS OF 7/2024) | 1.00 |
Director
|
$0 | $0 | $0 |
| RICHARD PADILLA | EXECUTIVE DIRECTOR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROB AXFORD | UNION TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES HOLLMAN | UNION TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| VAN MUMFORD | UNION TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| RICK SLUDER | UNION TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| SCOTT THROWER | UNION TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ALVIN M WARWICK | UNION TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $483,546 | $308,545 | $1,198,310 | $175,001 |
| 2024 | $342,770 | $151,292 | $1,023,309 | $191,478 |
| 2023 | $223,914 | $293,854 | $831,831 | $-69,940 |
| 2022 | $223,690 | $225,886 | $901,771 | $-2,196 |
| 2021 | $236,347 | $120,410 | $989,657 | $115,937 |
| 2020 | $327,850 | $354,542 | $873,720 | $-26,692 |
| 2019 | $360,814 | $327,182 | $900,412 | $33,632 |
| 2018 | $301,984 | $200,598 | $866,780 | $101,386 |
Compare CAROLINA LOCAL LABOR MANAGEMENT COOPERATION COMMITTEE with other nonprofits in Virginia and across the country.