Labor Management Compliance Council is located in Los Angeles, CA. The organization was established in 2014. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2021, Labor Management Compliance Council employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Labor Management Compliance Council 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, Labor Management Compliance Council generated $4.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.6% each year . All expenses for the organization totaled $3.3m during the year ending 12/2021. While expenses have increased by 18.4% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Andres Posada Director Of Operation | 40 | $147,001 | |
Kevin O'mahoney Field Investigator | 40 | $131,244 | |
Charles Martin Chief Financial Officer | Officer | 1 | $0 |
Rodney Cobos Chief Executive Officer | Officer | 1 | $0 |
Robert Felix Director | Trustee | 1 | $0 |
Doug Marian Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $55,751 |
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 | $55,751 |
Total Program Service Revenue | $3,901,950 |
Investment income | $162,427 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $12,622 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,132,750 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,019,984 |
Pension plan accruals and contributions | $185,173 |
Other employee benefits | $263,540 |
Payroll taxes | $84,375 |
Fees for services: Management | $0 |
Fees for services: Legal | $223,909 |
Fees for services: Accounting | $73,809 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $25,459 |
Fees for services: Other | $8,417 |
Advertising and promotion | $0 |
Office expenses | $123,126 |
Information technology | $14,472 |
Royalties | $0 |
Occupancy | $58,664 |
Travel | $116,681 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,589 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $28,345 |
Insurance | $19,019 |
All other expenses | $1,500 |
Total functional expenses | $3,262,277 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,166,991 |
Savings and temporary cash investments | $1,500,000 |
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 | $34,732 |
Investments—publicly traded securities | $5,138,394 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $7,840,117 |
Accounts payable and accrued expenses | $5,814 |
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 | $5,814 |
Net assets without donor restrictions | $7,834,303 |
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 | $7,840,117 |
Over the last fiscal year, Labor Management Compliance Council has awarded $90,000 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
UNITED ASSOCIATION CHARITABLE FUND TRUST PURPOSE: CHARITABLE CONTRIBUTIONS | $40,000 |
WORKING CALIFORNIANS PURPOSE: CHARITABLE CONTRIBUTIONS | $25,000 |
SAN DIEGO BALLPARK FUNDING PURPOSE: CHARITABLE CONTRIBUTIONS | $25,000 |