Op & Cmia Local 262 Labor Mgmt Cooperative Fund
Nonprofit profile at a glance
- EIN
- 273847671
- IRS 990-EZ coverage
- 2011–2017
- Forms available
- Form 990-EZ 2017
- Location
- Rockville Centre, NY, USA
- Phone
- 5167752280
- Rating confidence
- Limited
- Sector
- Labor Unions
Reported finances
- Revenue
- $40,834
- Expenses
- $10,881
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.
Leadership & pay
6 people listed
People named in this filing
- MICHAEL PATTI (MANAGEMENT T)
- KEN DELANTY (UNION TRUSTE)
- SALVATORE DILORENZO (MANAGEMENT T)
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 2017. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of this trust is to improve communication between the union and employers and relay to the public the advantages of using union labor. The fund may use the fund's assets that is permissible under the applicable provisions of the code, law and this trust. The fund had a termination of trusteeship on march 25, 2017 and is under the control of the board of trustees. The board of trustees continue to develop and implement adequate procedures to ensure that the fund will be able to represent the members and perform the duties of a bargaining representative.
What it reported doing in 2017
Develop and enhance the unionized cement industry in the state of New York
Operating model
- Revenue model
- Earned-program. 96% 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
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 53
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 73.4%; rating input score 97; 97th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd 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: Limited
- Revenue growth: -4.2% per year; rating input score 0; 39th percentile among comparable filings
- Asset growth: -0.8% per year; rating input score 0; 40th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 4 of 4 current checks pass
- Schedules: 2 filed schedules
- Filing history: 7 filing years from 2011 to 2017
- Contacts: How to reach this organization
- Related organizations: Filed and resolved organization relationships.
- 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 — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.