Labor-Management Union Carpentry Cooperation Promotion Fund
- Assets
- $39.6m
- Revenue
- $8.8m
- Investments
- $1.0m
- Employees
- 1
- Location
- Chicago, IL
- Founding
- 11/2001
- Data as of
- 12/2021
- EIN
- 36-4273836
Organization Overview
Labor-Management Union Carpentry Cooperation Promotion Fund is located in Chicago, IL. The organization was established in 2001. 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. Labor-Management Union Carpentry Cooperation Promotion Fund is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Labor-Management Union Carpentry Cooperation Promotion Fund generated $8.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $6.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Labor-Management Union Carpentry Cooperation Promotion Fund has awarded 35 individual grants totaling $1,019,309. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
LABOR MANAGEMENT COOPERATION COMMITTEE
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PRESERVE AND REVITALIZE THE CARPENTRY INDUSTRY AND TO INCREASE OPPORTUNITIES FOR THE BARGAINING UNIT EMPLOYEES AND EMPLOYERS. TO ESTABLISH COOPERATIVE AND HARMONIOUS LABOR - MGMT. RELATIONS IN THE INDUSTRY. TO INCREASE EMPLOYMENT OPPORTUNITIES FOR JOURNEYMEN AND APPRENTICES. TO ENCOURAGE MAINTENANCE OF THE HIGHEST STANDARDS OF CRAFTSMANSHIP AND WORKING CONDITIONS IN THE INDUSTRY. TO ESTABLISH A PROGRAM TO ACTIVELY PROMOTE THE UNION CARPENTRY INDUSTRY. TO PROVIDE A FORUM FOR OPEN AND HONEST DISCUSSION AND RESEARCH OF PROBLEMS CONFRONTING EMPLOYERS AND EMPLOYEES IN THE INDUSTRY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Perinar Jr Trustee/administrator | Trustee | 5 | $30,000 |
Jeffrey Isaacson Trustee | Trustee | 1 | $0 |
Stan Pepper Trustee | Trustee | 1 | $0 |
Terrence Roche Trustee | Trustee | 1 | $0 |
Keith Jutkins Trustee | Trustee | 1 | $0 |
Gerald W Thiel Jr Trustee | Trustee | 1 | $0 |
Financial Statements
| 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 | $7,262,608 |
| Investment income | $1,136,168 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $368,282 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,807,058 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $589,697 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $844,627 |
| Compensation of current officers, directors, key employees. | $30,000 |
| 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 | $2,466 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,548 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $121,859 |
| Fees for services: Other | $0 |
| Advertising and promotion | $110,693 |
| Office expenses | $2,791 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $41,297 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,526 |
| All other expenses | $0 |
| Total functional expenses | $6,890,100 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $193,911 |
| Savings and temporary cash investments | $430,935 |
| 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 | $0 |
| Investments—publicly traded securities | $37,937,547 |
| Investments—other securities | $1,000,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $39,562,393 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $39,562,393 |
| 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 | $39,562,393 |
Grants Awarded
Over the last fiscal year, Labor-Management Union Carpentry Cooperation Promotion Fund has awarded $572,809 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
Chicago, IL PURPOSE: GENERAL SUPPORT | $100,000 |
Chicago, IL PURPOSE: CHARITABLE CONTRIBUTION | $75,000 |
Dallas, TX PURPOSE: CHARITABLE CONTRIBUTION | $62,500 |
Chicago, IL PURPOSE: CHARITABLE CONTRIBUTION | $50,000 |
Chicago, IL PURPOSE: CHARITABLE CONTRIBUTION | $40,000 |
Chicago, IL PURPOSE: CHARITABLE CONTRIBUTION | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Federation Of State County & Municipal Employees Springfield, IL | $61,133,676 | $26,100,915 |
Laborers International Union Of North America Burr Ridge, IL | $65,530,613 | $20,238,151 |
Chicago Regional Council Of Carpenters Apprentice And Trainee Elk Grove Village, IL | $58,144,102 | $15,674,310 |
Indiana State Teachers Association Indianapolis, IN | $36,026,795 | $22,473,562 |
Chicago Journeymen Plumbers Local 130 Chicago, IL | $20,981,689 | $17,441,460 |
United Food And Commercial Workers International Union Des Plaines, IL | $30,640,392 | $15,439,141 |
Laborers International Union Of North America Chicago, IL | $42,312,837 | $17,661,518 |
National Pork Producers Council Des Moines, IA | $42,247,883 | $19,050,439 |
International Union Of Operating Engineers 139 Pewaukee, WI | $24,439,793 | $14,629,454 |
Service Employees International Union Chicago, IL | $8,645,665 | $14,966,009 |
Chicago & Vicinity Laborers Carol Stream, IL | $83,711,023 | $20,877,636 |
Boilermakers National Apprentice Ship Fund Kansas City, MO | $53,012,610 | $16,312,331 |