Former Player Labor-Management Cooperation Committee Trust is located in Washington, DC. The organization was established in 2019. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 02/2023, Former Player Labor-Management Cooperation Committee Trust employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Former Player Labor-Management Cooperation Committee Trust is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 02/2023, Former Player Labor-Management Cooperation Committee Trust generated $15.4m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.9% each year . All expenses for the organization totaled $9.9m during the year ending 02/2023. While expenses have increased by 6.9% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE TRUST PROVIDES BENEFITS, SERVICES AND RESOURCES TO ELIGIBLE FORMER NFL PLAYERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES BENEFITS, SERVICES, AND RESOURCES TO ELIGIBLE FORMER NFL PLAYERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Teri Smith Trustee | Trustee | 1 | $0 |
Jc Tretter Trustee | Trustee | 1 | $0 |
Nolan Harrison Trustee | Trustee | 1 | $0 |
Rashean Mathis Trustee | Trustee | 1 | $0 |
Larry Ferazani Trustee | Trustee | 1 | $0 |
Belinda Lerner Trustee | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Frontlines Of Justice Llc Consulting Services | 2/27/23 | $223,436 |
Ww North America Holdings Llc Consulting Services | 2/27/23 | $192,700 |
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 | $15,379,911 |
Investment income | $877 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $15,389,439 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
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. | $434,081 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,919,238 |
Pension plan accruals and contributions | $334,175 |
Other employee benefits | $823,880 |
Payroll taxes | $232,467 |
Fees for services: Management | $0 |
Fees for services: Legal | $207,875 |
Fees for services: Accounting | $83,723 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,003,327 |
Advertising and promotion | $94,223 |
Office expenses | $128,559 |
Information technology | $128,450 |
Royalties | $0 |
Occupancy | $447,124 |
Travel | $619,899 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,003,068 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $309,507 |
Insurance | $159,938 |
All other expenses | $10,069 |
Total functional expenses | $9,944,603 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $1,149,597 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $13,502,673 |
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 | $118,894 |
Net Land, buildings, and equipment | $237,320 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $404,619 |
Total assets | $15,413,103 |
Accounts payable and accrued expenses | $879,045 |
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 | $409,650 |
Total liabilities | $1,288,695 |
Net assets without donor restrictions | $14,124,408 |
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 | $15,413,103 |