Mo-Kan Lecet is located in Independence, MO. The organization was established in 2005. 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. Mo-Kan Lecet is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, Mo-Kan Lecet generated $568.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $204.1k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
LABOR MANAGEMENT COOPERATIVE
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO FACILITATE THE OOPERATION BETWEEN LABOR AND MANAGEMENT FOR LABORERS LOCALS AND THEIR EMPLOYERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cameron Seip Director | Officer | 40 | $34,927 |
Tim Bell Chairman | OfficerTrustee | 2 | $0 |
Kevin Fahey Vice Chairma | OfficerTrustee | 2 | $0 |
Greg Kaaz Trustee | Trustee | 1 | $0 |
Caleb Mccandless Trustee | Trustee | 1 | $0 |
Jason Mendenhall Trustee | Trustee | 1 | $0 |
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 | $522,912 |
Investment income | $45,510 |
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 | $568,422 |
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. | $50,258 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $1,866 |
Fees for services: Management | $0 |
Fees for services: Legal | $5,718 |
Fees for services: Accounting | $8,300 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $45,401 |
Advertising and promotion | $35,741 |
Office expenses | $6,913 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $25,202 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,389 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $9,850 |
Insurance | $4,793 |
All other expenses | $0 |
Total functional expenses | $204,089 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $479,956 |
Savings and temporary cash investments | $1,136,795 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $64,422 |
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 | $10,163 |
Net Land, buildings, and equipment | $34,799 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,726,135 |
Accounts payable and accrued expenses | $16,079 |
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 | $3,823 |
Total liabilities | $19,902 |
Net assets without donor restrictions | $1,706,233 |
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 | $0 |
Total liabilities and net assets/fund balances | $1,726,135 |