Wisconsin Laborers-Employers Cooperation And Education Trust
- Assets
- $1.2m
- Revenue
- $603.6k
- Investments
- $0.0
- Employees
- 1
- Location
- Deforest, WI
- Founding
- 07/1993
- Data as of
- 05/2022
- EIN
- 39-1705116
Organization Overview
Wisconsin Laborers-Employers Cooperation And Education Trust is located in Deforest, WI. The organization was established in 1993. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wisconsin Laborers-Employers Cooperation And Education Trust is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 05/2022, Wisconsin Laborers-Employers Cooperation And Education Trust generated $603.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $794.0k during the year ending 05/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVED LABOR-MGMT COOPERATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
IMPROVED LABOR-MANAGEMENT COOPERATION, EXPANDED WORK OPPORTUNITIES, AND QUALITY TRAINING PROGRAMS RECEIVED IN CONJUNCTION WITH A COLLECTIVE BARGAINING AGREEMENT.
IMPROVED LABOR-MANAGEMENT COOPERATION, EXPANDED WORK OPPORTUNITIES, AND QUALITY TRAINING PROGRAMS RECEIVED IN CONJUNCTION WITH A COLLECTIVE BARGAINING AGREEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Saeger Exec Director | 40 | $126,795 | |
Derek Allen Trustee | Trustee | 3 | $0 |
John Schmitt Co-Chairman | Trustee | 3 | $0 |
William Kennedy Co-Chairman | Trustee | 3 | $0 |
Paul Gehl Trustee | Trustee | 3 | $0 |
Anthony Neira Trustee | Trustee | 3 | $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 | $50,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,000 |
| Total Program Service Revenue | $546,841 |
| Investment income | $6,791 |
| 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 | $603,632 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,700 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $127,726 |
| Pension plan accruals and contributions | $50,928 |
| Other employee benefits | $19,302 |
| Payroll taxes | $9,978 |
| Fees for services: Management | $650 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,674 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $37,111 |
| Office expenses | $20,242 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,974 |
| Travel | $7,936 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,369 |
| Interest | $0 |
| Payments to affiliates | $167,644 |
| Depreciation, depletion, and amortization | $8,710 |
| Insurance | $6,399 |
| All other expenses | $0 |
| Total functional expenses | $794,034 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $494,626 |
| Savings and temporary cash investments | $661,191 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $41,068 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $15,608 |
| Net Land, buildings, and equipment | $21,773 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $871 |
| Total assets | $1,235,137 |
| Accounts payable and accrued expenses | $68,311 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $691 |
| Total liabilities | $69,002 |
| Net assets without donor restrictions | $1,166,135 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,235,137 |
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Illinois State University Foundation Normal, IL | $269,993,016 | $34,747,700 |
National Assistance Foundation Des Moines, IA | $16,519,301 | $16,875,706 |
Southern Illinois University Foundation Carbondale, IL | $260,208,288 | $31,565,742 |
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Eastern Michigan University Foundation Ypsilanti, MI | $82,145,619 | $14,420,618 |
Michigan Tech Fund Houghton, MI | $217,061,508 | $42,674,434 |
Northern Illinois University Foundation Dekalb, IL | $169,106,712 | $31,131,654 |
Grand Rapids Community College Foundation Grand Rapids, MI | $37,079,013 | $9,829,978 |