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← LABOR MANAGEMENT COOPERATION TR

Form 990 for tax year 2024

Filed by LABOR MANAGEMENT COOPERATION TR.

Totals

Total revenue
$77,876
Total expenses
$84,906
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$62,212
Investment income
$15,664
Other revenue
$0
Total assets, end of year
$1,237,635
Total liabilities, end of year
$5,614
Net assets or fund balances, end of year
$1,232,021
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: EMPLOYER CONTRIBUTIONS

    total $62,212 · related or exempt $62,212

  • 3 · Investment income

    total $15,664 · excluded $15,664

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $49,735

  • 11a · Fees: management

    total $12,000

  • 11b · Fees: legal

    total $2,478

  • 11c · Fees: accounting

    total $7,000

  • 13 · Office expenses

    total $1,044

  • 22 · Depreciation, depletion and amortization

    total $9,293

  • 23 · Insurance

    total $3,356

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $229,473 · end of year $353,151

  • 4 · Accounts receivable

    beginning of year $6,466 · end of year $6,409

  • 9 · Prepaid expenses and deferred charges

    beginning of year $515 · end of year $1,510

  • 10a · Land, buildings and equipment: cost or other basis

    $92,925

  • 10b · Land, buildings and equipment: accumulated depreciation

    $9,292

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $83,633

  • 11 · Investments: publicly traded securities

    beginning of year $955,969 · end of year $792,932

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,674 · end of year $5,614

  • 27 · Net assets without donor restrictions

    beginning of year $1,186,749 · end of year $1,232,021

Mission and programs · 2024

Mission

To assist workers and employers in solving problems of mutual concern not susceptible to resolution within the collective bargaining process, to improve the employment opportunities for employees, to expand the market for the construction industry, to improve communications between labor and management, and to provide workers and employers with opportunities to explore joint approaches to organization and effectiveness.

  • THE ACTIVITY OF THE FUND IS TO ADMINISTER THE OPERATOR WAGE AND BENEFIT PRESERVATION PROGRAM. THIS PROGRAM PROVIDES UNPAID WAGES AND/OR UNPAID HEALTH BENEFIT CONTRIBUTIONS FOR OPERATING ENGINEERS WHO PERFORMED WORK COVERED UNDER THE COLLECTIVE BARGAINING AGREEMENT WITH THE UNION.

  • THE LABOR MANAGEMENT COOPERATION TRUST OF THE OPERATING ENGINEERS LOCAL 139 ASSUMED RESPONSIBILITY OF THE ADMINISTRATION OF THE SUBSTANCE ABUSE TESTING AND ASSISTANCE PROGRAM (SATAP). THIS PROGRAM ASSISTS WORKERS AND EMPLOYERS WITH RANDOM DRUG TESTING, WAGES LOST DUE TO RANDOM DRUG TESTING, AND ANY OTHER NECESSARY EXPENSES.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Dan Sperberg

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Steve Buffalo

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Mike Testolin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Ruth Hackney

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
19 February 2026
IRS schema version
2024v5.5
Source object
202610529349300716

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