Civic Intelligence

Labor Management Cooperation Committee of Chicago

990 • Fiscal year 2019 • EIN 36-3871153

Jun 01, 2018 to May 31, 2019 • Filed on Feb 03, 2020

Five Westbrook Corporate Center 940Westchester, IL 60154

(708) 531-0022

Siviq Scores

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

Liabilities / Assets

21st percentile

0.00x

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

2019 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

21st percentile

0.00x

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

2019 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2019

Net Margin

69th percentile

14%

Higher net margin than 69% of similar nonprofits.

2019 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

97th percentile

$316,077

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 7.1% of source-year revenue.

2019 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2019

Asset Growth

78th percentile

17%

Faster asset growth than 78% of similar nonprofits.

2019 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

36th percentile

-0.4%

Faster revenue growth than 36% of similar nonprofits.

2019 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$4,384,356

Up $624,238 (+17%) from 2018

Net Assets

Up

$4,384,356

Up $624,238 (+17%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$4,442,145

Down $17,496 (-0.4%) from 2018

Expenses

Up

$3,815,054

Up $1,748,673 (+85%) from 2018

Net Income

Down

$627,091

Down $1,766,169 (-74%) from 2018

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2012: $1,169,092Liabilities 2012: $0Net Assets 2012: $1,169,0922012Assets 2013: $1,368,075Liabilities 2013: $0Net Assets 2013: $1,368,0752013Assets 2014: $1,495,048Liabilities 2014: $0Net Assets 2014: $1,495,0482014Assets 2015: $1,380,741Liabilities 2015: $0Net Assets 2015: $1,380,7412015Assets 2016: $1,388,291Liabilities 2016: $0Net Assets 2016: $1,388,2912016Assets 2017: $1,438,346Liabilities 2017: $0Net Assets 2017: $1,438,3462017Assets 2018: $3,760,118Liabilities 2018: $0Net Assets 2018: $3,760,1182018Assets 2019: $4,384,356Liabilities 2019: $0Net Assets 2019: $4,384,3562019Assets 2020: $6,195,506Liabilities 2020: $0Net Assets 2020: $6,195,5062020Assets 2021: $7,308,197Liabilities 2021: $0Net Assets 2021: $7,308,1972021Assets 2022: $7,885,933Liabilities 2022: $0Net Assets 2022: $7,885,9332022Assets 2023: $8,409,358Liabilities 2023: $0Net Assets 2023: $8,409,3582023Assets 2024: $9,417,795Liabilities 2024: $0Net Assets 2024: $9,417,7952024

Highlighted filing

2019

Assets$4,384,356
Liabilities$0
Net Assets$4,384,356

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2012: $1,750,9492012Expenses 2013: $1,894,5382013Revenue 2014: $2,235,902Expenses 2014: $2,109,712Net Income 2014: $126,1902014Revenue 2015: $2,256,254Expenses 2015: $2,363,905Net Income 2015: -$107,6512015Revenue 2016: $2,272,992Expenses 2016: $2,278,720Net Income 2016: -$5,7282016Revenue 2017: $2,442,370Expenses 2017: $2,457,469Net Income 2017: -$15,0992017Revenue 2018: $4,459,641Expenses 2018: $2,066,381Net Income 2018: $2,393,2602018Revenue 2019: $4,442,145Expenses 2019: $3,815,054Net Income 2019: $627,0912019Revenue 2020: $6,517,830Expenses 2020: $4,776,351Net Income 2020: $1,741,4792020Revenue 2021: $5,307,426Expenses 2021: $4,462,882Net Income 2021: $844,5442021Revenue 2022: $5,902,054Expenses 2022: $5,203,467Net Income 2022: $698,5872022Revenue 2023: $6,543,918Expenses 2023: $5,984,216Net Income 2023: $559,7022023Revenue 2024: $7,086,196Expenses 2024: $6,290,817Net Income 2024: $795,3792024

Highlighted filing

2019

Revenue$4,442,145
Expenses$3,815,054
Net Income$627,091
Jump To
Filing Snapshot
Filing Period
Jun 1, 2018 to May 31, 2019
Signed
Feb 3, 2020
Return Version
2018v3.2
Gross Receipts
$4,760,781
Mission and Program Overview

Mission

Assisting workers and employers in solving problems of mutual concern not susceptible to resolution within the collective bargaining process.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,099,854$2,988,909▲ $1,889,055
Investments in Publicly Traded Securities-$1,053,813-
Cash and Non-Interest-Bearing Accounts$2,653,838$337,773▼ $2,316,065
Land, Buildings, and Equipment, Net$6,426$3,861▼ $2,565
Total Assets$3,760,118$4,384,356▲ $624,238
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$3,760,118$4,384,356▲ $624,238
Total Net Assets Fund Balance$3,760,118$4,384,356▲ $624,238
Total Liabilities and Net Assets / Fund Balance$3,760,118$4,384,356▲ $624,238

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,861$7,543$11,404
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
John DonahueExecutive DiPT$316,077$316,077
Steve DotyCommunicatioFT$137,672$137,672
Carolyn SpaethLmcc AdminisPT$112,801$112,801

Board Members and Trustees

NameTitle
Eric NixonChairman
Kevin ConnollyVice Chair
John DonahueExecutive Director
Anthony LaporteTrustee
Carole PolitzTrustee
Daniel EspositoTrustee
Donald FinnTrustee
Jesse SchmidtTrustee
Nicholas SantoroTrustee
Richard ZaperTrustee
Robert FimbiantiTrustee
Stefan LopataTrustee
William Cullen IiiAssociate Tr
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,384,681
Investment Income
$57,464
Other Revenue
$0
Change in Net Assets
$627,091

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,442,145
Revenue Not Reported on Form 990
$-2,491
Total Revenue per Audited Statements
$4,439,654
Total Revenue per Form 990
$4,442,145
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,815,054
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$1,167,431$2,366-$1,169,797
Other Expenses$418,707$786,494-$418,707
Travel-$18,356-$18,356
Fees for Services Accounting-$13,250-$13,250
Fees for Services Other-$12,395-$12,395
Information Technology-$10,240-$10,240
Insurance-$7,804-$7,804
Conferences and Meetings-$5,864-$5,864
Depreciation Depletion-$2,203-$2,203
Office Expenses-$1,998-$1,998
Fees for Services Legal-$1,663-$1,663
Total Functional Expenses$2,952,421$862,633$0$3,815,054

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,815,416
Expenses per Audited Statements$3,815,054
Total Expenses per Form 990$3,815,054
Expenses Not Reported on Form 990$362
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-DirectorsSee BelowNo$687,856
-DirectorsSee BelowNo$418,707
-DirectorsSee BelowNo$362,598
-DirectorsSee BelowNo$272,472
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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 7A

The trustees are appointed by the respective parties they represent, local union 134, ibew and the electrical contractors association. The method for selection of the individual trustee is left to the discretion of each individual respective party.

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

The organization's administrator reviews the form 990 with the accountant, prior to the governing board's review. Then the governing body receives a copy of form 990 to review and discuss at the board meeting following the filing of the form.

Form 990, Page 6, Part VI, Line 12C

All persons covered under the conflicts of interest policy are required to annually disclose or update the chairman of the board of trustees on a form provided by the organization.

Form 990, Page 6, Part VI, Line 19

Documents are available on a third party website, as well as upon request from the organization.

Filing and Contact Details

Filer

Filer Name
Labor Management Cooperation
EIN
36-3871153
Phone
7085310022
Address
FIVE WESTBROOK CORPORATE CENTER 940, WESTCHESTER, IL 60154

Signing Officer

Name
Carolyn Spaeth
Title
Lmcc Administrator
Phone
7085310022
Signed
2020-02-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carolyn Spaeth
Formed
1990
Legal Domicile
Il
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
12

Preparer

Firm
Evenhouse & Co Pc
Address
1S660 MIDWEST RD STE 250, OAKBROOK TERRACE, IL 60181-4460
Preparer
Timothy J Vande Werken CPA
Phone
6308323225
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Business development 389,417 0 0 promotional contributions 357,095 0 0 cisco 113,917 0 0 ccsc 113,917 0 0 education program/materia 88,761 0 0 scholarship 88,324 0 0 joint conference board 10,000 0 0 safety 6,000 0 0 telephone 0 1,340 0 miscellaneous 0 1,026 0 total 1,167,431 2,366 0

Form 990, Part XI, Line 9

Loss on disposal of assets 362 loss on disposal of assets -362

Financial Statement Notes

Schedule D, Page 3, Part X

The organization has adopted the accounting standard on accounting for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Examples of tax positions include the tax-exempt status of the organization and the continued tax exempt status of various positions related to the potential sources of unrelated business taxable income (ubti). At may 31, 2019, there were no unrecognized tax benefits identified or recorded as liabilities.

Schedule D, Page 4, Part XI, Line 2D

Loss on disposal of assets 362

Schedule D, Page 4, Part XII, Line 2D

Loss on disposal of assets 362

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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/MissionDesc0ASSISTING WORKERS AND EMPLOYERS IN SOLVING PROBLEMS OF MUTUAL CONCERN NOT SUSCEPTIBLE TO RESOLUTION WITHIN THE COLLECTIVE BARGAINING PROCESS.
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IRS990/OtherExpensesGrp/Desc0ADMINISTRATIVE
IRS990/OtherExpensesGrp/Desc1GENERAL PROJECTS
IRS990/OtherExpensesGrp/Desc2MEDIA-RADIO BROCHURES
IRS990/OtherExpensesGrp/Desc3ELEC. INDUSTRY-DRUG FREE
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IRS990/OtherExpensesGrp/ProgramServicesAmt1661206
IRS990/OtherExpensesGrp/ProgramServicesAmt2418707
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IRS990/OtherExpensesGrp/TotalAmt2661206
IRS990/OtherExpensesGrp/TotalAmt3418707
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt07543
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt011404
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IRS990ScheduleD/ExpensesSubtotalAmt03815054
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IRS990ScheduleD/OtherExpensesIncludedAmt0362
IRS990ScheduleD/OtherRevenueAmt0362
IRS990ScheduleD/RevenueNotReportedAmt0-2491
IRS990ScheduleD/RevenueSubtotalAmt04442145
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ADOPTED THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ORGANIZATION AND THE CONTINUED TAX EXEMPT STATUS OF VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBTI). AT MAY 31, 2019, THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOSS ON DISPOSAL OF ASSETS 362
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2LOSS ON DISPOSAL OF ASSETS 362
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990ScheduleD/TotalExpensesPerForm990Amt03815054
IRS990ScheduleD/TotalRevenuePerForm990Amt04442145
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04439654
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03815416
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt041397
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt017472
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JOHN DONAHUE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0316077
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0ELECTRICAL CONTRACTORS' ASSOCIATION
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt1LOCAL UNION 134 IBEW
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt2ELECTRICAL INDUSTRY DRUG-FREE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt3ELECTRICAL JOINT APPRENTICESHIP
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine2Txt0ALLIANCE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine2Txt1AND TRAINING TRUST FUND
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0DIRECTORS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1DIRECTORS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2DIRECTORS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt3DIRECTORS
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt1687856
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt2418707
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt3272472
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0SEE BELOW
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1SEE BELOW
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2SEE BELOW
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc3SEE BELOW
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0ELECTRICAL CONTRACTORS' ASSOCIATION OF CITY OF CHICAGO PROVIDED ADMINISTRATIVE SERVICES TO THE ORGANIZATION DURING 2019. THE ORGANIZATION REIMBURSED THE ELECTRICAL CONTRACTORS' ASSOCIATION OF CITY OF CHICAGO AMOUNTS FOR THESE SERVICES. LOCAL UNION 134, I.B.E.W. PROVIDED ADMINISTRATIVE SERVICES TO THE ORGANIZATION DURING 2019. THE ORGANIZATION REIMBURSED THE LOCAL UNION 134, I.B.E.W. FOR THESE SERVICES. THE ORGANIZATION PROVIDES FUNDING FOR THE ELECTRICAL INDUSTRY DRUG-FREE ALLIANCE PER THEIR AGREEMENT WITH THE ELECTRICAL JOINT ARBITRATION BOARD. THE FUNDING RATE IS .03 PER MAN HOUR OF CHICAGO ELECTRICAL CONTRACTORS. THE ORGANIZATION ENTERED INTO A SHARED SERVICES POLICY WITH THE ELECTRICAL JOINT APPRENTICESHIP AND TRAINING TRUST FUND. THE ORGANIZATION REIMBURSED THE ELECTRICAL JOINT APPRENTICESHIP AND TRAINING TRUST FUND FOR SERVICES PROVIDED BY AN EMPLOYEE OF THE FUND.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TRUSTEES ARE APPOINTED BY THE RESPECTIVE PARTIES THEY REPRESENT, LOCAL UNION 134, IBEW AND THE ELECTRICAL CONTRACTORS ASSOCIATION. THE METHOD FOR SELECTION OF THE INDIVIDUAL TRUSTEE IS LEFT TO THE DISCRETION OF EACH INDIVIDUAL RESPECTIVE PARTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S ADMINISTRATOR REVIEWS THE FORM 990 WITH THE ACCOUNTANT, PRIOR TO THE GOVERNING BOARD'S REVIEW. THEN THE GOVERNING BODY RECEIVES A COPY OF FORM 990 TO REVIEW AND DISCUSS AT THE BOARD MEETING FOLLOWING THE FILING OF THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL PERSONS COVERED UNDER THE CONFLICTS OF INTEREST POLICY ARE REQUIRED TO ANNUALLY DISCLOSE OR UPDATE THE CHAIRMAN OF THE BOARD OF TRUSTEES ON A FORM PROVIDED BY THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE ON A THIRD PARTY WEBSITE, AS WELL AS UPON REQUEST FROM THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BUSINESS DEVELOPMENT 389,417 0 0 PROMOTIONAL CONTRIBUTIONS 357,095 0 0 CISCO 113,917 0 0 CCSC 113,917 0 0 EDUCATION PROGRAM/MATERIA 88,761 0 0 SCHOLARSHIP 88,324 0 0 JOINT CONFERENCE BOARD 10,000 0 0 SAFETY 6,000 0 0 TELEPHONE 0 1,340 0 MISCELLANEOUS 0 1,026 0 TOTAL 1,167,431 2,366 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5LOSS ON DISPOSAL OF ASSETS 362 LOSS ON DISPOSAL OF ASSETS -362
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
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IRS990/USAddress/AddressLine1Txt0FIVE WESTBROOK CORPORATE CENTER
IRS990/USAddress/CityNm0WESTCHESTER
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