Southern Nevada Laborers-Employers Cooperation And Education Tr is located in Las Vegas, NV. The organization was established in 2006. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern Nevada Laborers-Employers Cooperation And Education Tr is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, Southern Nevada Laborers-Employers Cooperation And Education Tr generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $3.5m during the year ending 12/2021. While expenses have increased by 21.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
LABOR RELATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
LECET PROVIDES LEGISLATIVE AND REGULATORY SUPPORT TO LOCAL UNIONS AND SIGNATORY CONTRACTORS ON MARKET-RELATED ISSUES AT STATE AND LOCAL LEVELS. LECET WORKS ON ISSUES OF MUTUAL BENEFIT TO LABOR AND MANAGEMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Eddie Ramirez Director | 50 | $189,068 | |
Chelsy Torres Trustee | Trustee | 2 | $0 |
Thomas White Chairman | Trustee | 2 | $0 |
Marco Hernandez Trustee | Trustee | 2 | $0 |
Mark Briggs Alternate Trustee | Trustee | 2 | $0 |
James Barker Co-Chairman | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Black Night Sports And Entertainmen Sponsorship | 12/30/21 | $1,003,357 |
Las Vegas Lights Fc Sponsorship | 12/30/21 | $111,000 |
Screamin Eagle Promotions Promotion Items | 12/30/21 | $283,467 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $3,030,370 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,030,370 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $426,060 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $291,112 |
Other employee benefits | $64,361 |
Payroll taxes | $31,673 |
Fees for services: Management | $0 |
Fees for services: Legal | $5,899 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $138,800 |
Advertising and promotion | $938,603 |
Office expenses | $23,119 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $74,401 |
Travel | $35,481 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $42,846 |
Insurance | $32,190 |
All other expenses | $0 |
Total functional expenses | $3,495,516 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,982,323 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $98,821 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,081,144 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $4,660 |
Total liabilities | $4,660 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $3,076,484 |
Total liabilities and net assets/fund balances | $3,081,144 |