Laborers-Employers Cooperation And Education Trust Southwest
- Assets
- $7.8m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 4
- Location
- Sacramento, CA
- Founding
- 10/1999
- Data as of
- 12/2023
- EIN
- 91-1986600
Organization Overview
Laborers-Employers Cooperation And Education Trust Southwest is located in Sacramento, CA. The organization was established in 1999. According to its NTEE Classification (O40) the organization is classified as: Scouting, under the broad grouping of Youth Development and related organizations. As of 12/2023, Laborers-Employers Cooperation And Education Trust Southwest employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Laborers-Employers Cooperation And Education Trust Southwest is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, Laborers-Employers Cooperation And Education Trust Southwest generated $2.4m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2023. 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
EDUCATE THE BUILDING AND CONSTRUCTION INDUSTRY, FOSTER INDUSTRY PROMOTIONS, TRAIN LABORERS IN THE INDUSTRY, PROMOTE HEALTH AND SAFETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATE THE BUILDING AND CONSTRUCTION INDUSTRY, FOSTER INDUSTRY PROMOTIONS, TRAIN LABORERS IN THE INDUSTRY, PROMOTE HEALTH AND SAFETY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Baker Executive Director | Trustee | 40 | $94,533 |
Ernesto Ordonez Trustee - Chair | OfficerTrustee | 40 | $8,308 |
Jon Preciado Trustee | Trustee | 5 | $0 |
Dave Thomas Trustee | Trustee | 5 | $0 |
John Cooper Trustee | Trustee | 5 | $0 |
Peter Santillan Trustee | Trustee | 5 | $0 |
Financial Statements
| 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 | $2,231,324 |
| Investment income | $111,633 |
| 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 | $2,393,610 |
| 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. | $102,841 |
| Compensation of current officers, directors, key employees. | $25,710 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $181,917 |
| Pension plan accruals and contributions | $128,653 |
| Other employee benefits | $71,303 |
| Payroll taxes | $23,856 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $365,894 |
| Office expenses | $16,047 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $37,469 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,389 |
| Insurance | $7,478 |
| All other expenses | $862,224 |
| Total functional expenses | $1,835,450 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,526,418 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,002 |
| 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 | $81,768 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,188,079 |
| Total assets | $7,807,267 |
| Accounts payable and accrued expenses | $1,251 |
| 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 | $1,251 |
| Net assets without donor restrictions | $0 |
| 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 | $7,806,016 |
| Total liabilities and net assets/fund balances | $7,807,267 |