Local 60 Lmcc and Fringe Benfit Security Fund

Nonprofit profile at a glance

EIN
467164824
IRS 990-EZ coverage
2015–2025
Forms available
Form 990 2014, Form 990-EZ 2025
Location
Metairie, LA, USA
Phone
5048853054
Rating
58
Verdict
MIXED
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Reported finances

Revenue
$12,909
Expenses
$700
Assets
$350,005

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • Ronnie Rosser (President)

People named in this filing

  • Ronnie Rosser (President)
  • Chester Cabirac (Trustee)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The fund is created, established, and maintained for the purpose of creating an industry-wide committee designed to improve labor-management relationships. To improve communications between the Union and the employers and provide a forum for discussion and development of matters of mutual interest, to identify and expand work opportunities for Employees and Employers in the most effective matter possible, To improve efficiency in operations and the economic competitiveness of the industry, to establish and maintain mechanisms for monitoring and enforcing compliance to governmental laws, rules, regulations and standards governing or affecting the industry.

What it reported doing in 2025

The organization is organized solely for charitable purposes, including all purposes permitted by Section 501(C)(6) of the Internal Revenue Code.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 41
  • Transparency & Controls: 82
  • Sustainability: 83
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 5.4%; rating input score 5
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 94.6%; rating input score 99; 99th percentile among comparable filings
  • Total-asset coverage ratio: 500.01; rating input score 100; 100th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -32.5% per year; rating input score 0; 13th percentile among comparable filings
  • Revenue growth: -33.6% per year; rating input score 0; 9th percentile among comparable filings
  • Asset growth: 1.9% per year; rating input score 100; 45th percentile among comparable filings

Details

  • Where the money goes: 5.4% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $700 in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 6 of 6 current checks pass
  • Filing history: 11 filing years from 2015 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 5/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.