BRIARCLIFF MANOR, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)OPERATING ENGINEERS LOCAL 137 LABOR MANAGEMENT COOPERATIVE TRUST, founded in 2017, is a small nonprofit in the Employment sector that reported $706K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $987K exceeded revenue, resulting in a 40% operating deficit.
THE PURPOSE OF THE TRUST IS TO IMPROVE COMMUNICATION BETWEEN REPRESENTATIVES OF LABOR AND MANAGEMENT IN THE INDUSTRY; PRESERVE, IDENTIFY AND EXPAND WORK OPPORTUNITIES; PROMOTE EFFICIENCY IN OPERATIONS AND THE ECONOMIC COMPETITIVENESS; PROMOTE THE ESTABLISHMENT AND MAINTENANCE OF QUALITY TRAINING PROGRAMS; ESTABLISH AND MAINTAIN MECHANISMS FOR MONITORING AND ENFORCING COMPLIANCE WITH FEDERAL, STATE AND LOCAL LAWS, RULES, REGULATIONS AND STANDARDS; AND AWARD GRANTS TO ELIGIBLE EMPLOYERS WHO ARE COLLECTIVELY BARGAINED WITH THE UNION.
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 | $705,837 | $788,203 | -0.1% |
| Expenses | $986,687 | $669,004 | +0.5% |
| Net Income | $-280,850 | $119,199 | -3.4% |
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 |
|---|---|---|---|---|---|---|
| ALBERT WASSELL | FUND MANAGER | 4.00 |
Officer
|
$0 | $103,068 | $257,322 |
| JEFFREY LOUGHLIN | UNION TRUSTEE | 0.00 |
Director
|
$0 | $0 | $0 |
| JAMES SASSO | UNION TRUSTEE | 0.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL MILLER | UNION TRUSTEE | 0.00 |
Director
|
$0 | $0 | $0 |
| JOHN COONEY | EMP TRUSTEE | 0.00 |
Director
|
$0 | $0 | $0 |
| RICHARD LOMBARDI | EMP TRUSTEE | 0.00 |
Director
|
$0 | $0 | $0 |
| MARK FANTE | EMP TRUSTEE | 0.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $705,837 | $986,687 | $1,320,066 | $-280,850 |
| 2023 | $788,203 | $669,004 | $1,609,610 | $119,199 |
| 2022 | $640,746 | $862,510 | $1,467,318 | $-221,764 |
| 2021 | $736,516 | $817,767 | $1,683,750 | $-81,251 |
| 2020 | $698,160 | $619,838 | $1,830,970 | $78,322 |
| 2019 | $771,661 | $82,265 | $1,621,843 | $689,396 |
Compare OPERATING ENGINEERS LOCAL 137 LABOR MANAGEMENT COOPERATIVE TRUST with other nonprofits in New York and across the country.