Neca-Ibew Local 309 Labor Management Cooperative Committee
- Assets
- $124.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, IL
- Founding
- 08/2012
- Data as of
- 12/2021
- EIN
- 45-3111616
Organization Overview
Neca-Ibew Local 309 Labor Management Cooperative Committee is located in Springfield, IL. The organization was established in 2012. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Neca-Ibew Local 309 Labor Management Cooperative Committee 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, Neca-Ibew Local 309 Labor Management Cooperative Committee generated $64.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $42.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO IMPROVE THE RELATIONSHIP BETWEEN SIGNATORY EMPLOYERS AND THE IBEW AT ALL LEVELS, TO EXPLORE WAYS TO WORK TOGETHER TO BECOME MORE COMPETITIVE, TO IMPLEMENT PROGRAMS THAT INCREASE EMPLOYMENT OPPORTUNITIES FOR THESE EMPLOYERS AND THEIR EMPLOYEES, AND TO PROMOTE THE VALUE OF THE UNION ELECTRICAL WORK TO THE END USER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom O'hara Trustee | 1 | $0 | |
Ken Keeney Trustee | 1 | $0 | |
Matt Reibling Trustee | 1 | $0 | |
Billy Serbousek Secretary | 1 | $0 | |
Tim Evans Trustee | 1 | $0 | |
Chris Hankins Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $64,164 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $64,164 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $387 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $41,976 |
| Total expenses | $42,363 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $124,368 |
| Other assets | $0 |
| Total assets | $124,822 |
| Total liabilities | $0 |
| Net assets or fund balances | $124,822 |
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