Illinois Laborers-Employers Cooperation And Education Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 376304539 ✦ Springfield, IL ✦ Designated as a 501(c)(5)

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Overview

What is Illinois Laborers-Employers Cooperation And Education Trust?

Illinois Laborers-Employers Cooperation and Education Trust is a nonprofit organization situated in Springfield, Illinois. Their primary objective is to maintain and expand job opportunities for laborers and their employers within the building, construction, asbestos abatement, and hazardous substance industry. This organization is committed to addressing labor-management needs in the state of Illinois, aiming to foster a harmonious working environment. With a total workforce of four individuals, they work diligently to promote cooperation and education in their field.

Is Illinois Laborers-Employers Cooperation And Education Trust legitimate?

Illinois Laborers-Employers Cooperation And Education Trust is a legitimate nonprofit organization registered as a 501(c)(5) entity. Illinois Laborers-Employers Cooperation And Education Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $335,177
Professional Fundraising Fees: $0
Other Salaries and Wages: $189,691

For more financial information, click here

What is the mission statement of Illinois Laborers-Employers Cooperation And Education Trust?

The Illinois Laborers-Employers Cooperation And Education Trust's mission is centered around addressing labor-management needs in various industries, specifically in building, construction, asbestos abatement, and hazardous substance sectors. Their primary goal is to preserve and expand work opportunities for both laborers and their employers. By doing so, they aim to maintain a harmonious relationship between the two parties, fostering a productive and stable work environment.

Who is the CEO of Illinois Laborers-Employers Cooperation And Education Trust?

David Frye is the Chairman of Illinois Laborers-Employers Cooperation And Education Trust.

What is the revenue of Illinois Laborers-Employers Cooperation And Education Trust?

Illinois Laborers-Employers Cooperation And Education Trust's revenue in 2022 was $1,751,181.

Who are the executives of Illinois Laborers-Employers Cooperation And Education Trust and what are their salaries?

The average compensation at Illinois Laborers-Employers Cooperation And Education Trust during 2022 was $131,217. There are 4 employees at Illinois Laborers-Employers Cooperation And Education Trust.


Here are 12 key members and their salaries:


John Penn (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Penn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glyn Ramage (Trustee)
  • Compensation: $0
  • Related: $25,760
  • Other: $7,406
Timothy Schmidgall (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Holland (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Boyd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Lamb (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Meek (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Bruner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Harris (Director)
  • Compensation: $86,209
  • Related: $0
  • Other: $74,046
Melissa Hendricker (Admin)
  • Compensation: $103,651
  • Related: $0
  • Other: $82,911
Where can I find the form 990 for Illinois Laborers-Employers Cooperation And Education Trust?

Illinois Laborers-Employers Cooperation And Education Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Illinois Laborers-Employers Cooperation And Education Trust

Illinois Laborers-Employers Cooperation And Education Trust, in its mission, aims to address the labor-management needs in the state of Illinois. This nonprofit organization is committed to preserving and expanding work opportunities for laborers and their employers in the building, construction, asbestos abatement, and hazardous substance industry. By doing so, it contributes to fostering a harmonious working relationship between laborers and their employers, ensuring a stable and productive workforce in these industries.

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Impact




October, 2024

Illinois Laborers-Employers Cooperation And Education Trust has a significant impact on labor-management relations within the state of Illinois, particularly in the building, construction, asbestos abatement, and hazardous substance industries. By focusing on the preservation and expansion of work opportunities, the organization plays a crucial role in fostering a collaborative environment between laborers and their employers. Its efforts help to address specific labor-management needs, ensuring that workers are well-represented and that employers have the support they need to navigate the complexities of the industry. This ultimately enhances job security, promotes fair labor practices, and contributes to economic stability within the region.




This information is meant to be a general summary of Illinois Laborers-Employers Cooperation And Education Trust. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,751,181 (2022)
Expenses
$1,483,812 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $41,431
  • Program Service Revenue: $1,082,450
  • Gross Receipts: $1,751,181

Assets and Liabilities:

  • Total Assets: $1,959,123
  • Total Liabilities: $15,304
  • Net Assets: $1,943,819

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EMPLOYER CONTRIBUTIONS

Revenue

$1,082,450

Organization Details

Founding Year

1997

Principal Officer

David Frye

Main Address

1 N OLD STATE CAPITOL PLAZA, SPRINGFIELD, IL, 62701

NTEE Category

Code: J40 - Employment

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