IBEW LOCAL #98 LABOR MANAGEMENT COOPERATIVE COMMITTEE INC (EIN 911913949) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

JAMES FOY

Phone

2155996436

Tax Period

2023-01-01 to 2023-12-31

IBEW LOCAL #98 LABOR MANAGEMENT COOPERATIVE COMMITTEE INC, founded in 2000, is a community nonprofit in the Employment sector that reported $3.6M in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. The organization ran a surplus of $1.6M, a strong 45% operating margin.

Mission

THE ORGANIZATION IS ORGANIZED AS AN AREA AND INDUSTRY- WIDE LABOR MANAGEMENT COOPERATION COMMITTEE AS PROVIDED BY 302(C)(9) OF THE TAFT-HARTLEY ACT FOR THE PURPOSES SET FORTH IN 6(B) OF THE LABOR MANAGEMENT COOPERATION ACT OF 1978 , INCLUDING THE ENCOURAGEMENT AND SUPPORT OF ESTABLISHMENT AND AREA AND INDUSTRY-WIDE COMMITTEE DESIGNED TO IMPROVE LABOR MANAGEMENT RELATIONSHIPS, JOB SECURITY, COMPETITIVENESS , PRODUCTIVITY, ORGANIZATIONAL EFFECTIVENESS, AND ECONOMIC DEVELOPMENT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,344,291

Investment Income $277,097

Other Revenue $1,222

TOTAL REVENUE $3,622,610

Expense Breakdown

Grants Paid $253,445

Salaries & Benefits $22,000

Fundraising Expenses $0

Other Expenses $1,731,307

TOTAL EXPENSES $2,006,752

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,622,610	$4,031,476	-0.1%
Expenses	$2,006,752	$1,922,978	+0.0%
Net Income	$1,615,858	$2,108,498	-0.2%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

$1,696,841

Key Employees

$493,484

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY PSCARPELLO	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
THOMAS G MOORE	EMPLOYER TRUSTEE (P)	1.00	Director	$0	$0	$0
BRIAN BURROWS	UNION TRUSTEE (P)	1.00	Director	$0	$43,166	$114,553
BERNARD SHAEFFER	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
JAMES SNYDER	UNION TRUSTEE	1.00	Director	$0	$139,197	$374,870
ZACH GNIEWOZ	UNION TRUSTEE	1.00	Director	$0	$150,658	$384,540
CHRISTOPHER DION	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
MARK LYNCH JR	UNION TRUSTEE	1.00	Director	$0	$175,413	$463,332
RYAN MCGOLDRICK	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
JAMES FOY	UNION TRUSTEE	1.00	Director	$0	$136,561	$359,546
TARA D CHUPKA	EXECUTIVE DIRECTOR (P)	4.00	Key Emp	$10,000	$45,136	$132,231
CHRISTINE BOTT	EXECUTIVE DIRECTOR	4.00	Key Emp	$12,000	$129,226	$361,253

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	$3,622,610	$2,006,752	$22,255,677	$1,615,858
2022	$4,031,476	$1,922,978	$19,861,294	$2,108,498
2021	$3,972,484	$1,458,552	$18,634,538	$2,513,932
2020	$3,773,174	$1,553,561	$16,120,606	$2,219,613
2019	$4,630,368	$1,898,231	$13,900,993	$2,732,137
2018	$5,234,350	$1,317,968	$11,168,856	$3,916,382

IBEW LOCAL #98 LABOR MANAGEMENT COOPERATIVE COMMITTEE INC