Local No 7 Labor Management Cooperation Fund

Organization Overview

Local No 7 Labor Management Cooperation Fund is located in Springfield, MA. The organization was established in 2003. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Local No 7 Labor Management Cooperation Fund is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.

For the year ending 06/2021, Local No 7 Labor Management Cooperation Fund generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 33.4% each year . All expenses for the organization totaled $2.2m during the year ending 06/2021. While expenses have increased by 31.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE JOINT LABOR MANAGEMENT ACTIVITIES IN SUPPORT OF OBTAINNING WORK FOR SIGNATORY CONTRACTORS AND UNION MEMBERS

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROMOTE JOINT LABOR MANAGEMENT ACTIVITIES IN SUPPORT OF OBTAINNING WORK FOR SIGNATORY CONTRACTORS AND UNION MEMBERS


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$3,102,653
Investment income $5,250
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,107,903

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