Illinois Laborers-Employees Cooperation & Education Tr
- Assets
- $2.0m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 4
- Location
- Springfield, IL
- Founding
- 07/1993
- Data as of
- 12/2021
- EIN
- 37-6304539
Organization Overview
Illinois Laborers-Employees Cooperation & Education Tr is located in Springfield, IL. The organization was established in 1993. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 12/2021, Illinois Laborers-Employees Cooperation & Education Tr employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illinois Laborers-Employees Cooperation & 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, Illinois Laborers-Employees Cooperation & Education Tr generated $1.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 7 years. 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
ADDRESS LABOR-MANAGEMENT NEEDS IN THE STATE OF ILLINOIS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESERVE AND EXPAND WORK OPPORTUNITIES FOR LABORERS AND THEIR EMPLOYERS IN TEH BUILDING, CONSTRUCTION, ASBESTOS ABATEMENT AND HAZARDOUS SUBSTANCE 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 |
|---|---|---|---|
Randy Harris Director | Officer | 20 | $168,109 |
Melissa Hendricker Admin | Officer | 20 | $96,828 |
John Penn Chairman | OfficerTrustee | 1 | $0 |
Anthony Penn Trustee | Trustee | 1 | $0 |
Glyn Ramage Trustee | Trustee | 1 | $0 |
Bruce Holland Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $70,664 |
| 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 | $70,664 |
| Total Program Service Revenue | $948,488 |
| Investment income | $29,620 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $81,434 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,787,094 |
| 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. | $460,047 |
| Compensation of current officers, directors, key employees. | $142,249 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $169,433 |
| Pension plan accruals and contributions | $102,260 |
| Other employee benefits | $30,160 |
| Payroll taxes | $32,079 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $665 |
| Fees for services: Accounting | $8,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,976 |
| Fees for services: Other | $10,575 |
| Advertising and promotion | $0 |
| Office expenses | $435 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,185 |
| Travel | $0 |
| 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 | $754,394 |
| Depreciation, depletion, and amortization | $35 |
| Insurance | $8,722 |
| All other expenses | $0 |
| Total functional expenses | $1,748,351 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,000 |
| Savings and temporary cash investments | $288,943 |
| 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 | $1,677,225 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,563 |
| Total assets | $1,984,731 |
| Accounts payable and accrued expenses | $300 |
| 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 | $23,924 |
| Total liabilities | $24,224 |
| Net assets without donor restrictions | $1,960,507 |
| 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 | $1,984,731 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ivy Tech Foundation Inc Indianapolis, IN | $133,152,328 | $30,082,278 |
Umkc Foundation Kansas City, MO | $70,681,044 | $43,162,989 |
University Of Northern Iowa Foundation Cedar Falls, IA | $173,378,893 | $31,725,389 |
Illinois State University Foundation Normal, IL | $269,993,016 | $34,747,700 |
National Assistance Foundation Des Moines, IA | $16,519,301 | $16,875,706 |
Southern Illinois University Foundation Carbondale, IL | $260,208,288 | $31,565,742 |
St Louis Charter Schools St Louis, MO | $19,224,709 | $16,300,473 |
Linda Hall Library Trust Kansas City, MO | $201,287,634 | $7,552,380 |
University Research Park Inc Madison, WI | $162,117,796 | $19,527,506 |
Private Education-Employers Trust St Louis, MO | $386,613 | $11,502,248 |
Northern Illinois University Foundation Dekalb, IL | $169,106,712 | $31,131,654 |
Grinnell College Medical Benefit Plan Trust Agreement Grinnell, IA | $11,174,588 | $9,791,771 |