ELECTRICAL WORKERS LOCAL 159 LABOR MANAGEMENT COOPERATION COMMITTEE FUND

EIN: 816386779 Employment

MADISON, WI

Total Revenue
$436,837
Total Expenses
$341,612
Total Assets
$867,755
Net Assets
$844,727
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
WI
Principal Officer
JEFF KNUDTSON
Phone
6082552989
Tax Period
2023-07-01 to 2024-06-30

ELECTRICAL WORKERS LOCAL 159 LABOR MANAGEMENT COOPERATION COMMITTEE FUND, founded in 1991, is a small nonprofit in the Employment sector that reported $437K in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $95K, a strong 22% operating margin.

Mission

THE ORGANIZATION SUPPORTS THE WELL-BEING OF THE MEMBERS OF THE LOCAL UNION 159 OF THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS, MADISON, WISCONSIN.

Program Service Accomplishments

Program 1

THE ORGANIZATION IMPROVES COMMUNICATIONS BETWEEN REPRESENTATIVES OF LABOR AND MANAGEMENT; PROVIDES WORKERS AND EMPLOYERS WITH OPPORTUNITIES TO STUDY AND EXPLORE NEW AND INNOVATIVE JOINT APPROACHES TO...

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THE ORGANIZATION IMPROVES COMMUNICATIONS BETWEEN REPRESENTATIVES OF LABOR AND MANAGEMENT; PROVIDES WORKERS AND EMPLOYERS WITH OPPORTUNITIES TO STUDY AND EXPLORE NEW AND INNOVATIVE JOINT APPROACHES TO ACHIEVING ORGANIZATIONAL EFFECTIVENESS; ASSISTS WORKERS AND EMPLOYERS IN SOLVING PROBLEMS OF MUTUAL CONCERN NOT SUSCEPTIBLE TO RESOLUTION WITHIN THE COLLECTIVE BARGAINING PROCESS; STUDIES AND EXPLORES WAYS OF ELIMINATING POTENTIAL PROBLEMS THAT REDUCE THE COMPETITIVENESS AND INHIBIT THE ECONOMIC DEVELOPMENT OF THE ELECTRICAL CONSTRUCTION INDUSTRY; SPONSORS PROGRAMS THAT IMPROVE JOB SECURITY, ENHANCE ECONOMIC AND COMMUNITY DEVELOPMENT, AND PROMOTE THE GENERAL WELFARE OF THE COMMUNITY AND INDUSTRY; ENGAGES IN RESEARCH AND DEVELOPMENT PROGRAMS CONCERNING VARIOUS ASPECTS OF THE INDUSTRY INCLUDING, BUT NOT LIMITED TO, NEW TECHNOLOGIES, OCCUPATIONAL SAFETY AND HEALTH, LABOR RELATIONS, AND NEW METHODS OF IMPROVED PRODUCTION; ENGAGES IN PUBLIC EDUCATION AND OTHER PROGRAMS TO EXPAND THE ECONOMIC DEVELOPMENT OF THE ELECTRICAL CONSTRUCTION INDUSTRY; ENHANCES THE INVOLVEMENT OF WORKERS IN MAKING DECISIONS THAT AFFECT THEIR WORKING LIVES; AND ENGAGES IN ANY OTHER LAWFUL ACTIVITIES INCIDENTAL OR RELATED TO THE ACCOMPLISHMENT OF THESE PURPOSES AND GOALS.

Program 2

THE ORGANIZATION ORGANIZES THE ANNUAL HOLIDAY FANTASY IN LIGHTS. THE ORGANIZATION ALSO GIVES GRANTS TO CHARITABLE ORGANIZATIONS AND SPONSORS OTHER COMMUNITY EVENTS.

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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 $205,392
Program Service Revenue $199,877
Investment Income $18,780
Other Revenue $12,788
TOTAL REVENUE $436,837

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $321,048
TOTAL EXPENSES $341,612

Year-over-Year Comparison

2023 2022 Change
Revenue $436,837 $324,700 +0.3%
Expenses $341,612 $285,683 +0.2%
Net Income $95,225 $39,017 +1.4%
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
6
Independent Members
6
Employees
N/A
Volunteers
7

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
2
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF KNUDTSON CHAIRMAN 1.00
Officer Director
$0 $0 $0
MICHAEL KILLIAN TRUSTEE 1.00
Director
$0 $0 $0
DAVE BOETCHER SECRETARY 1.00
Officer Director
$0 $0 $0
AARON RAMBERG TRUSTEE 1.00
Director
$0 $0 $0
THOMAS LEMENS TRUSTEE 1.00
Director
$0 $0 $0
DARREN JOHNSON 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 No data No data No data No data
2024 $436,837 $341,612 $867,755 $95,225
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