OHIO VALLEY AND SOUTHERN STATES LABORERS -EMPLOYERS COOPERATION & EDUCATION TRUST

EIN: 721327933 Employment

WESTERVILLE, OH

Total Revenue
$479,095
Total Expenses
$207,586
Total Assets
$3,757,804
Net Assets
$3,757,782
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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
1996
Legal Domicile
OH
Phone
5133726363
Tax Period
2024-06-01 to 2025-05-31

OHIO VALLEY AND SOUTHERN STATES LABORERS -EMPLOYERS COOPERATION & EDUCATION TRUST, founded in 1996, is a small nonprofit in the Employment sector that reported $479K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $272K, a strong 57% operating margin.

Mission

TO INCREASE THE PRODUCTIVITY OF OUR MEMBERS, DEVELOP AND MARKET SIGNATORY CONTRACTORS, AND PROMOTE CONTINUED LABOR-MANAGEMENT COOPERATION AND EDUCATION. WE CREATE OPPORTUNITIES THROUGH LABOR-MANAGEMENT COOPERATION. OVSS-LECET WORKS WITHIN A NINE STATE REGION LOCATED IN THE CENTRAL AND SOUTHERN UNITED STATES.

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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 $328,250
Investment Income $150,845
Other Revenue $0
TOTAL REVENUE $479,095

Expense Breakdown

Grants Paid $0
Salaries & Benefits $53,069
Fundraising Expenses $0
Other Expenses $154,517
TOTAL EXPENSES $207,586

Year-over-Year Comparison

2024 2023 Change
Revenue $479,095 $374,527 +0.3%
Expenses $207,586 $242,824 -0.1%
Net Income $271,509 $131,703 +1.1%
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

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Governance

Voting Members
5
Independent Members
5
Employees
1
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
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT J WOODS DIRECTOR 10.00
$25,000 $49,252 $224,643
GLENN FARNER Trustee 1.00
Director
$0 $0 $0
PERRY BLADES Trustee 1.00
Director
$0 $0 $0
DANIEL HOFFMAN III Secretary 1.00
Director
$0 $0 $0
PRESTON TAYLOR Trustee 1.00
Director
$0 $0 $0
STEPHEN E FARNER Chairman 1.00
Director
$0 $0 $0
LEN MORGAN Trustee 1.00
Director
$0 $0 $0
ROBERT E RICHARDSON CHAIRMAN 1.00
$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 $479,095 $207,586 $3,757,804 $271,509
2024 $374,527 $242,824 $3,440,510 $131,703
2023 $318,082 $349,900 $3,231,384 $-31,818
2022 $275,851 $260,701 $3,298,736 $15,150
2021 $376,827 $183,080 $3,456,867 $193,747
2020 $513,405 $507,507 $3,252,193 $5,898
2019 $606,082 $361,678 $3,194,215 $244,404
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