Sw Il Lecet is located in Swansea, IL. The organization was established in 1996. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 08/2022, Sw IL Lecet employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sw IL 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 08/2022, Sw IL Lecet generated $698.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $591.8k during the year ending 08/2022. While expenses have increased by 3.7% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE COMMUNICATIONS AND ENGENDER COOPERATIVE AND HARMONIOUS RELATIONS BETWEEN LABOR AND MANAGEMENT IN THE INDUSTRY AND PROVIDEA FORUM FOR DISCUSSION OF MATTERS OF MUTUAL INTEREST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO IMPROVE COMMUNICATIONS AND ENGENDER COOPERATIVE AND HARMONIOUS RELATIONS BETWEEN LABOR AND MANAGEMENT IN THE INDUSTRY AND PROVIDEA FORUM FOR DISCUSSION OF MATTERS OF MUTUAL INTEREST.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dustin Ramage Trustee | Trustee | 50 | $26,658 |
Glyn Ramage Chairman | OfficerTrustee | 10 | $21,010 |
Geno Keeley Secretary | OfficerTrustee | 1 | $0 |
Greg Kipping Trustee | Trustee | 1 | $0 |
Bruce Holland Trustee | Trustee | 1 | $0 |
Robert Green 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 | $694,971 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $3,365 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $698,336 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $5,095 |
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. | $98,369 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $70,628 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $53,057 |
Payroll taxes | $9,187 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $7,300 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $24,046 |
Fees for services: Other | $0 |
Advertising and promotion | $2,800 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $20,569 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $9,421 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $9,911 |
Insurance | $4,630 |
All other expenses | $3,870 |
Total functional expenses | $591,802 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $211,303 |
Savings and temporary cash investments | $262,940 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $73,086 |
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 | $2,591 |
Net Land, buildings, and equipment | $31,217 |
Investments—publicly traded securities | $2,379,253 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,960,390 |
Accounts payable and accrued expenses | $249,397 |
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 | $249,397 |
Net assets without donor restrictions | $2,692,993 |
Net assets with donor restrictions | $18,000 |
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 | $2,960,390 |
Organization Name | Assets | Revenue |
---|---|---|
Big Shoulders Fund Chicago, IL | $125,993,936 | $62,883,883 |
Voluntary Interdistrict Choice Corporation Saint Louis, MO | $12,736,595 | $40,180,054 |
Northern School District Tr Nsdt Ashland, WI | $7,100,055 | $19,700,380 |
Plumbers & Steamfitters H & W Trust Iowa State Bank Ttee Des Moines, IA | $75,894,378 | $21,812,028 |
Kentucky Educational Development Corporation Ashland, KY | $6,070,827 | $11,298,796 |
Cristo Rey Network Chicago, IL | $14,102,009 | $11,695,592 |
City Colleges Of Chicago Foundation Chicago, IL | $22,678,364 | $14,327,610 |
Big Ten Academic Alliance Champaign, IL | $13,766,841 | $9,203,675 |
P E O Foundation Des Moines, IA | $140,487,423 | $16,863,604 |
Kidsmart Saint Louis, MO | $4,061,844 | $8,307,759 |
Northwest Foundation Inc Maryville, MO | $55,922,802 | $14,720,589 |
Holy Family Ministries Chicago, IL | $16,241,007 | $8,503,495 |