Laborers Local No 17 Employers Cooperation And Education Trust
Laborers Local No 17 Employers Cooperation And Education Trust shows consistent revenue growth and zero officer compensation.
EIN: 146151570 · Newburgh, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $489K |
| Program Spending | 100% |
| Net Assets | $4.1M |
| Transparency Score | 90/100 |
Is Laborers Local No 17 Employers Cooperation And Education Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Laborers Local No 17 Employers Cooperation And Education Trust directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Laborers Local No 17 Employers Cooperation And Education Trust
Laborers Local No 17 Employers Cooperation And Education Trust (EIN: 146151570) is a nonprofit organization based in Newburgh, NY. The organization reported total revenue of $3.0M and total assets of $5.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Laborers Local No 17 Employers Cooperation And Education Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Laborers Local No 17 Employers Cooperation And Education Trust is a mid-size nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $489K |
| Surplus / Deficit | +$1.2M |
| Total Assets | $4.1M |
| Total Liabilities | $287 |
| Net Assets | $4.1M |
| Operating Margin | 70.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 99.9 months |
Financial Health Grade: A
In 2023, Laborers Local No 17 Employers Cooperation And Education Trust reported a surplus of $1.2M with revenue exceeding expenses, holds 99.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Laborers Local No 17 Employers Cooperation And Education Trust's revenue has grown at a compound annual growth rate (CAGR) of 10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +28.2% | -17.4% | +39.9% |
| 2022 | +25.8% | +2.2% | +31.2% |
| 2021 | +28.9% | +2.5% | +24.6% |
| 2020 | -12.0% | -1.5% | +14.2% |
| 2019 | -1.4% | -1.5% | +18.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Laborers Local No 17 Employers Cooperation And Education Trust with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Laborers Local No 17 Employers Cooperation And Education Trust allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of this size and suggests either volunteer leadership or compensation being reported under other expense categories.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Laborers Local No 17 Employers Cooperation And Education Trust's IRS 990 filings:
- Unusually low liabilities for an organization of its size, especially in earlier years, which could indicate specific accounting practices or a very lean operational model.
- Consistent 0% officer compensation, which is highly unusual and may obscure how leadership is compensated or if it's entirely volunteer-driven, impacting transparency.
Strengths
The following positive indicators were identified for Laborers Local No 17 Employers Cooperation And Education Trust:
- Strong and consistent revenue growth over the past decade, from $465,982 in 2014 to $1,652,014 in 2023.
- Significant asset accumulation, growing from $533,410 in 2014 to $4,075,950 in 2023, indicating financial stability.
- Very low liabilities, suggesting minimal debt and strong financial health.
- Zero reported officer compensation, implying high efficiency in directing funds towards its mission, assuming leadership is volunteer or compensated through other means.
Frequently Asked Questions about Laborers Local No 17 Employers Cooperation And Education Trust
Is Laborers Local No 17 Employers Cooperation And Education Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Laborers Local No 17 Employers Cooperation And Education Trust (EIN: 146151570) some concerns. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
How does Laborers Local No 17 Employers Cooperation And Education Trust spend its money?
Laborers Local No 17 Employers Cooperation And Education Trust directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Laborers Local No 17 Employers Cooperation And Education Trust tax-deductible?
Laborers Local No 17 Employers Cooperation And Education Trust is registered as a tax-exempt nonprofit (EIN: 146151570). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Laborers Local No 17 Employers Cooperation And Education Trust located?
Laborers Local No 17 Employers Cooperation And Education Trust is headquartered in Newburgh, New York and files with the IRS under EIN 146151570.
How many years of IRS 990 filings does Laborers Local No 17 Employers Cooperation And Education Trust have?
Laborers Local No 17 Employers Cooperation And Education Trust has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.0M in total revenue.
How does Laborers Local No 17 Employers Cooperation And Education Trust manage to operate with 0% officer compensation?
The filings consistently show 0% officer compensation. This could mean that leadership is entirely volunteer-based, or that compensation is categorized under other expense lines, which would warrant further investigation for complete transparency.
What are the primary program activities funded by Laborers Local No 17 Employers Cooperation And Education Trust?
Based on the available data, the organization's expenses are consistently lower than its revenue, and with 0% officer compensation, it implies that the majority of its spending is directed towards its stated mission, likely related to cooperation and education within the laborers' local union.
Is the organization's asset growth sustainable?
The organization has shown consistent and significant asset growth, from $533,410 in 2014 to $4,075,950 in 2023. This trend appears sustainable given its consistent revenue generation exceeding expenses.
Filing History
IRS 990 filing history for Laborers Local No 17 Employers Cooperation And Education Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Laborers Local No 17 Employers Cooperation And Education Trust's revenue has grown by 245.5%, moving from $478K to $1.7M. Total assets increased by 566.2% over the same period, from $612K to $4.1M. Total functional expenses fell by 17.5%, from $593K to $489K. In its most recent filing year (2023), Laborers Local No 17 Employers Cooperation And Education Trust reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $287 in liabilities against $4.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $489K | $4.1M | $287 | — | — |
| 2022 | $1.3M | $592K | $2.9M | $170 | — | — |
| 2021 | $1.0M | $580K | $2.2M | $4K | — | View 990 |
| 2020 | $795K | $565K | $1.8M | $11K | — | View 990 |
| 2019 | $903K | $574K | $1.6M | $18K | — | View 990 |
| 2018 | $916K | $583K | $1.3M | $23K | — | View 990 |
| 2017 | $751K | $536K | $984K | $24K | — | — |
| 2016 | $745K | $470K | $759K | $14K | — | View 990 |
| 2015 | $577K | $429K | $481K | $11K | — | View 990 |
| 2014 | $466K | $409K | $533K | $206K | — | View 990 |
| 2013 | $459K | $578K | $558K | $390K | — | View 990 |
| 2012 | $446K | $581K | $470K | $86K | — | View 990 |
| 2011 | $478K | $593K | $612K | $98K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $489K, and assets of $4.1M (revenue +28.2% year-over-year).
- 2022: Revenue of $1.3M, expenses of $592K, and assets of $2.9M (revenue +25.8% year-over-year).
- 2021: Revenue of $1.0M, expenses of $580K, and assets of $2.2M (revenue +28.9% year-over-year).
- 2020: Revenue of $795K, expenses of $565K, and assets of $1.8M (revenue -12.0% year-over-year).
- 2019: Revenue of $903K, expenses of $574K, and assets of $1.6M (revenue -1.4% year-over-year).
- 2018: Revenue of $916K, expenses of $583K, and assets of $1.3M (revenue +22.0% year-over-year).
- 2017: Revenue of $751K, expenses of $536K, and assets of $984K (revenue +0.8% year-over-year).
- 2016: Revenue of $745K, expenses of $470K, and assets of $759K (revenue +29.1% year-over-year).
- 2015: Revenue of $577K, expenses of $429K, and assets of $481K (revenue +23.8% year-over-year).
- 2014: Revenue of $466K, expenses of $409K, and assets of $533K (revenue +1.4% year-over-year).
- 2013: Revenue of $459K, expenses of $578K, and assets of $558K (revenue +3.0% year-over-year).
- 2012: Revenue of $446K, expenses of $581K, and assets of $470K (revenue -6.7% year-over-year).
- 2011: Revenue of $478K, expenses of $593K, and assets of $612K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Laborers Local No 17 Employers Cooperation And Education Trust:
Data Sources and Methodology
This transparency report for Laborers Local No 17 Employers Cooperation And Education Trust is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.