Hospitality Industry Labor-Management Cooperation Trust Fund (EIN 842814241) - 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

2019

Legal Domicile

Principal Officer

lance phillips

Phone

5624635000

Tax Period

2023-01-01 to 2023-12-31

Hospitality Industry Labor-Management Cooperation Trust Fund, founded in 2019, is a community nonprofit in the Employment sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $530K, a strong 48% operating margin.

Mission

the hospitality industry labor-management cooperation trust fund was created pursuant to a collective bargaining agreement between signatory employers and unite here local 11 to improve communication between management and labor; explore new approaches to organizational effectiveness and problems that reduce competitiveness and inhibit economic development of the hospitality industry.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,114,044

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,114,044

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $584,435

TOTAL EXPENSES $584,435

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,114,044	$867,426	+0.3%
Expenses	$584,435	$463,794	+0.3%
Net Income	$529,609	$403,632	+0.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
michele gaul	management trustee	1.0	Director	$0	$0	$0
javier cano	management trustee	1.0	Director	$0	$0	$0
NOEL VANDEVIVER	management trustee	1.0	Director	$0	$0	$0
kurt petersen	union trustee	1.0	Director	$0	$0	$0
karine mansoorian	union trustee	1.0	Director	$0	$0	$0
francis engler	union trustee	1.0	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
2024	No data	No data	No data	No data
2023	$1,114,044	$584,435	$1,309,903	$529,609
2022	$867,426	$463,794	$772,103	$403,632
2021	$483,106	$423,009	$372,087	$60,097
2020	$324,127	$309,070	$309,495	$15,057
2019	$295,224	$11,491	$286,980	$283,733

Hospitality Industry Labor-Management Cooperation Trust Fund