Midwest Region Laborers'-employers' Cooperation & Education Trust

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

22 people listed

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Address labor-management needs in the midwest region

Preserve and expand work opportunities for laborers and their employers in the construction industry.

Revenue model: Earned-program. 70% of the money available for current operations came from fees and other program revenue.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 92.9%; rating input score 93; 13th percentile among comparable filings
Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
Foreign activity oversight: Limited
Grant itemization coverage: 78.9%; rating input score 79; 21st percentile among comparable filings
Major donor itemization: Limited
Related-party transparency: Limited

Independent voting board: 93.8%; rating input score 94; 24th percentile among comparable filings
Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass

Operating margin: 36.1%; rating input score 87; 87th percentile among comparable filings
Total-asset coverage ratio: 2.41; rating input score 68; 68th percentile among comparable filings
Liabilities to assets ratio: 0; rating input score 94; 94th percentile among comparable filings
Officer compensation ratio: 41.6%; rating input score 2; 2nd percentile among comparable filings

Program expense growth: -5.3% per year; rating input score 0; 5th percentile among comparable filings
Revenue growth: 9.5% per year; rating input score 100; 66th percentile among comparable filings
Asset growth: 22.6% per year; rating input score 100; 87th percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 15 of 16 board members independent · 8 of 9 filing controls reported
Programs: 1 filed program accomplishment
Leadership: top reported pay $330K · 22 people listed · 1 of 6 pay-setting controls reported
Consistency: 12 of 13 current checks pass · 1 finding to review
Schedules: 5 filed schedules · includes grants and executive pay
Filing history: 4 filing years from 2020 to 2024
Contacts: How to reach this organization
Money network: 6 filed money-flow records
Related organizations: 14 filed related-organization links
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.

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

High — Growth: Program expense growth scored 0/100.
Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
Review — Accountability: Governance controls: Form 990 shared with the board not reported.
High — Sustainability: Officer compensation ratio scored 2/100.