New Jersey Labor-Management Committee

Nonprofit profile at a glance

EIN
223449783
IRS 990 coverage
2013–2024
Forms available
Form 990 2024
Location
Bordentown, NJ, USA
Phone
6093249681
Rating
33
Verdict
REVIEW
Rating confidence
Moderate

Reported finances

Revenue
$49,334
Expenses
$149,309
Assets
$270,717
Liabilities
$2,800

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

Leadership & pay

8 people listed

People named in this filing

  • John F Capo (Trustee)
  • Leon Jones (Trustee)
  • Kenneth Simone (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

A. To improve communications and encourage cooperative, harmonious and stable labor-management relations in the masonry industry and to provide a forum to discuss mutual interests; b. To preserve, identify and expand work opportunities for masons and their employers in the industry; c. To enhance the economic development and competitiveness of the unionized masonry industry and the job security of employees in the industry and eliminate the problems of reduced competitiveness and the inhibition of economic development of the unionized masonry industry; d. To promote the establishment and maintenance of quality training programs for masons employed or to be employed in the industry; e. To foster goodwill and economic development in communities served by the industry; f. To assist and assure effective enforcement of State and Federal prevailing wage legislation by, among other things, monitoring job sites, gathering data, presenting information and evidence to appropriate federal and state ag

What it reported doing in 2024

A. To improve communications and encourage cooperative, harmonious and stable labor-management relations in the masonry industry and to provide a forum to discuss mutual interests; b. To preserve, identify and expand work opportunities for masons and their employers in the industry; c. To enhance the economic development and competitiveness of the unionized masonry industry and the job security of employees in the industry and eliminate the problems of reduced competitiveness and the inhibition of economic development of the unionized masonry industry; d. To promote the establishment and maintenance of quality training programs for masons employed or to be employed in the industry; e. To foster goodwill and economic development in communities served by the industry; f. To assist and assure effective enforcement of State and Federal prevailing wage legislation by, among other things, monitoring job sites, gathering data, presenting information and evidence to appropriate federal and state agencies, and to take such other action as will further the administration and enforcement of prevailing wage legislation; g. To encourage free collective bargaining between the Union and Employers in the industry; h. To solicit and otherwise raise funds to finance the Trust's activities from any lawful source, including Unions, Employers, private foundations, and the federal, state and local governments; i. To do everything that may be neccessary, suitable or proper to accomplish any of the purposes, or to attain any of the objects, hereinbefore enumerated.

Operating model

Revenue model
Earned-program. 75% 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 verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 90
  • Accountability: 18
  • Sustainability: 26
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 9th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -202.6%; rating input score 13; 13th percentile among comparable filings
  • Total-asset coverage ratio: 1.81; rating input score 33; 33rd percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 28; 28th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -2.3% per year; rating input score 0; 51st percentile among comparable filings
  • Asset growth: 3.1% per year; rating input score 100; 58th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: 0 of 8 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 9 of 10 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 11 filing years from 2013 to 2024
  • 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 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Accountability: Independent voting board scored 0/100.
  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
  • High — Sustainability: Operating margin scored 13/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
  • High — Sustainability: Liabilities to assets ratio scored 28/100.