Civic Intelligence

Labor Mgmt Cooperation Committee

990 • Fiscal year 2014 • EIN 36-3590037

Jan 01, 2014 to Dec 31, 2014 • Filed on Jul 31, 2015

765 Munshaw LaneRoom/Suite 135Crystal Lake, IL 60014

(847) 854-9680

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

9th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

9th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Net Margin

15th percentile

-6.1%

Higher net margin than 15% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Asset Growth

24th percentile

-3.3%

Faster asset growth than 24% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

39th percentile

1.3%

Faster revenue growth than 39% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$1,207,344

Down $40,850 (-3.3%) from 2013

Net Assets

Down

$1,207,344

Down $40,850 (-3.3%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

Up

$441,581

Up $5,676 (+1.3%) from 2013

Expenses

Up

$468,386

Up $22,198 (+5.0%) from 2013

Net Income

Down

-$26,805

Down $16,522 (-161%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2010: $1,332,229Liabilities 2010: $0Net Assets 2010: $1,332,2292010Assets 2011: $1,277,107Liabilities 2011: $0Net Assets 2011: $1,277,1072011Assets 2012: $1,258,477Liabilities 2012: $0Net Assets 2012: $1,258,4772012Assets 2013: $1,248,194Liabilities 2013: $0Net Assets 2013: $1,248,1942013Assets 2014: $1,207,344Liabilities 2014: $0Net Assets 2014: $1,207,3442014Assets 2015: $1,244,508Liabilities 2015: $0Net Assets 2015: $1,244,5082015Assets 2016: $1,371,427Liabilities 2016: $0Net Assets 2016: $1,371,4272016Assets 2017: $1,547,089Liabilities 2017: $0Net Assets 2017: $1,547,0892017Assets 2018: $1,909,728Liabilities 2018: $238,265Net Assets 2018: $1,671,4632018Assets 2019: $2,107,841Liabilities 2019: $355,986Net Assets 2019: $1,751,8552019Assets 2020: $2,278,788Liabilities 2020: $400,204Net Assets 2020: $1,878,5842020Assets 2021: $2,262,990Liabilities 2021: $311,846Net Assets 2021: $1,951,1442021Assets 2022: $2,386,715Liabilities 2022: $445,799Net Assets 2022: $1,940,9162022Assets 2023: $2,405,705Liabilities 2023: $593,138Net Assets 2023: $1,812,5672023Assets 2024: $2,494,854Liabilities 2024: $372,012Net Assets 2024: $2,122,8422024

Highlighted filing

2014

Assets$1,207,344
Liabilities$0
Net Assets$1,207,344

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $674,0132010Expenses 2011: $592,4882011Expenses 2012: $423,5912012Revenue 2013: $435,905Expenses 2013: $446,188Net Income 2013: -$10,2832013Revenue 2014: $441,581Expenses 2014: $468,386Net Income 2014: -$26,8052014Revenue 2015: $664,425Expenses 2015: $625,215Net Income 2015: $39,2102015Revenue 2016: $553,913Expenses 2016: $440,379Net Income 2016: $113,5342016Revenue 2017: $527,932Expenses 2017: $355,197Net Income 2017: $172,7352017Revenue 2018: $2,157,460Expenses 2018: $2,023,272Net Income 2018: $134,1882018Revenue 2019: $526,249Expenses 2019: $460,202Net Income 2019: $66,0472019Revenue 2020: $466,581Expenses 2020: $371,196Net Income 2020: $95,3852020Revenue 2021: $464,124Expenses 2021: $378,113Net Income 2021: $86,0112021Revenue 2022: $512,651Expenses 2022: $473,742Net Income 2022: $38,9092022Revenue 2023: $556,867Expenses 2023: $702,017Net Income 2023: -$145,1502023Revenue 2024: $585,064Expenses 2024: $527,671Net Income 2024: $57,3932024

Highlighted filing

2014

Revenue$441,581
Expenses$468,386
Net Income-$26,805
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jul 31, 2015
Return Version
2014v5.0
Gross Receipts
$441,581
Mission and Program Overview

Mission

Improve communication between representatives of labor and management.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$883,986$558,411▼ $325,575
Savings and Temporary Cash Investments$300,000$300,000→ $0
Investments in Publicly Traded Securities-$288,931-
Land, Buildings, and Equipment, Net$64,208$60,002▼ $4,206
Total Assets$1,248,194$1,207,344▼ $40,850
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,248,194$1,207,344▼ $40,850
Total Net Assets Fund Balance$1,248,194$1,207,344▼ $40,850
Total Liabilities and Net Assets / Fund Balance$1,248,194$1,207,344▼ $40,850

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$807$156,045$156,852
Leasehold Improvements$59,195$34,606$93,801
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tom MctavishChairman
Brian LotherDirector
Don CarlsonDirector
Joel Pyle IiDirector
Kory EllebyDirector
Beau LauderdaleSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$343,718
Investment Income
$4,668
Other Revenue
$93,195
Change in Net Assets
$-26,805
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$341,518
Salaries, Compensation, and Employee Benefits$126,868
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$72,378
All Other Expenses---$42,284
Other Employee Benefits---$28,582
Occupancy---$27,739
Other Expenses---$27,721
Pension Plan Contributions---$20,371
Payments to Affiliates---$10,169
Travel---$8,858
Office Expenses---$8,615
Fees for Services Accounting---$7,695
Payroll Taxes---$5,537
Depreciation Depletion---$4,206
Total Functional Expenses$0$0$0$468,386
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

Union members and signatory contractors are represented by governing board

Form 990, Page 6, Part VI, Line 7A

The members may elect some governing body members and the national electrical contractors association selects 1 signatory contractor from each jurisdiction.

Form 990, Page 6, Part VI, Line 8B

There are no committees formed and therefore there is no documentation.

Form 990, Page 6, Part VI, Line 11B

The governing body uses a board meeting to review and approve the form 990 before it is filed.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Labor Mgmt Cooperation Committee
EIN
36-3590037
Phone
8478549680
Address
765 MUNSHAW LANE, ROOM/SUITE 135, CRYSTAL LAKE, IL 60014

Signing Officer

Name
Tom Mctavish
Title
Chairman
Phone
8478549680
Signed
2015-07-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Mctavish
Formed
1988
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
6
Employees
1

Preparer

Firm
Eric J Fernandez & Co
Address
895 W MAIN ST STE 1000, WEST DUNDEE, IL 60118-2057
Preparer
Carl L Swanson
Phone
8474287400
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

The lmcc has adopted fasb asc 740-10-25, accounting for uncertainty in income taxes. The lmcc will record a liability for uncertain tax positions when it is more likely than not that a tax position would not be sustained if examined by the taxing authority. The lmcc continually evaluates expiring statues of limitations, audits, proposed settlements, changes in tax laws and new authoritative rulings. The lmcc's evaluation on december 31, 2014 revealed no uncertain tax positions that would have a material impact on the financial statements. The lmcc does not believe that any reasonable possible changes will occur within the next twelve months that will have a material impact on the financial statements.

Raw XML Appendix295 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProgSrvcAccomActy3Grp/Desc0+5 PLAN - TO PROVIDE INCENTIVE FOR HOME BUYERS TO USE SIGNATORY CONTRACTORS AND UNION LABOR TO BUILD THEIR NEW HOME.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE LMCC HAS ADOPTED FASB ASC 740-10-25, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE LMCC WILL RECORD A LIABILITY FOR UNCERTAIN TAX POSITIONS WHEN IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WOULD NOT BE SUSTAINED IF EXAMINED BY THE TAXING AUTHORITY. THE LMCC CONTINUALLY EVALUATES EXPIRING STATUES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAWS AND NEW AUTHORITATIVE RULINGS. THE LMCC'S EVALUATION ON DECEMBER 31, 2014 REVEALED NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. THE LMCC DOES NOT BELIEVE THAT ANY REASONABLE POSSIBLE CHANGES WILL OCCUR WITHIN THE NEXT TWELVE MONTHS THAT WILL HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0UNION MEMBERS AND SIGNATORY CONTRACTORS ARE REPRESENTED BY GOVERNING BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS MAY ELECT SOME GOVERNING BODY MEMBERS AND THE NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION SELECTS 1 SIGNATORY CONTRACTOR FROM EACH JURISDICTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE ARE NO COMMITTEES FORMED AND THEREFORE THERE IS NO DOCUMENTATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING BODY USES A BOARD MEETING TO REVIEW AND APPROVE THE FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE UPON REQUEST
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/USAddress/AddressLine1Txt0765 MUNSHAW LANE
IRS990/USAddress/CityNm0CRYSTAL LAKE
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060014
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0LMCC-NEI.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TOM MCTAVISH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum08478549680
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-07-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LABOR MGMT COOPERATION COMMITTEE
ReturnHeader/Filer/BusinessNameControlTxt0LABO
ReturnHeader/Filer/EIN0363590037
ReturnHeader/Filer/PhoneNum08478549680
ReturnHeader/Filer/USAddress/AddressLine1Txt0765 MUNSHAW LANE
ReturnHeader/Filer/USAddress/AddressLine2Txt0ROOM/SUITE 135
ReturnHeader/Filer/USAddress/CityNm0CRYSTAL LAKE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060014
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0363141842
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ERIC J FERNANDEZ & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0895 W MAIN ST STE 1000
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WEST DUNDEE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0601182057
ReturnHeader/PreparerPersonGrp/PhoneNum08474287400
ReturnHeader/PreparerPersonGrp/PreparationDt02015-07-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CARL L SWANSON
ReturnHeader/ReturnTs02015-08-12T16:02:34-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.49$0.37$2.12$0.59$0.53$0.06
2023Detailed filing. Detailed filing data is available for this year.$2.41$0.59$1.81$0.56$0.70$0.15
2022Detailed filing. Detailed filing data is available for this year.$2.39$0.45$1.94$0.51$0.47$0.04
2021Detailed filing. Detailed filing data is available for this year.$2.26$0.31$1.95$0.46$0.38$0.09
2020Detailed filing. Detailed filing data is available for this year.$2.28$0.40$1.88$0.47$0.37$0.10
2019Detailed filing. Detailed filing data is available for this year.$2.11$0.36$1.75$0.53$0.46$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.91$0.24$1.67$2.16$2.02$0.13
2017Detailed filing. Detailed filing data is available for this year.$1.55$0.00$1.55$0.53$0.36$0.17
2016Detailed filing. Detailed filing data is available for this year.$1.37$0.00$1.37$0.55$0.44$0.11
2015Detailed filing. Detailed filing data is available for this year.$1.24$0.00$1.24$0.66$0.63$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.44$0.47$0.03
2013Detailed filing. Detailed filing data is available for this year.$1.25$0.00$1.25$0.44$0.45$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.26$0.00$1.26$0.42
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.28$0.00$1.28$0.59
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.00$1.33$0.67