Midwest Region Laborers Employers Cooperation And Education Trust
Midwest Region LECET shows consistent revenue and asset growth with no reported officer compensation.
EIN: 10606353 · Springfield, IL · NTEE: J40 · Updated: 2026-03-28
Is Midwest Region Laborers 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 →
Midwest Region Laborers Employers Cooperation And Education Trust directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Midwest Region Laborers Employers Cooperation And Education Trust
Midwest Region Laborers Employers Cooperation And Education Trust (EIN: 10606353) is a nonprofit organization based in Springfield, IL, classified under NTEE code J40. The organization reported total revenue of $2.7M and total assets of $4.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Midwest Region Laborers Employers Cooperation And Education Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Midwest Region Laborers Employers Cooperation And Education Trust with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Midwest Region Laborers Employers Cooperation And Education Trust allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either unpaid or compensated through mechanisms not classified as officer compensation on the IRS 990.
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 Midwest Region Laborers Employers Cooperation And Education Trust's IRS 990 filings:
- Lack of detailed executive compensation reporting (0% reported officer compensation across all filings, which may obscure actual compensation if paid through other means).
Strengths
The following positive indicators were identified for Midwest Region Laborers Employers Cooperation And Education Trust:
- Consistent revenue growth over the past decade, from $1,037,454 in 2014 to $2,597,249 in 2023.
- Significant asset growth, from $986,229 in 2014 to $3,216,218 in 2023, indicating strong financial management.
- Expenses generally well below revenue, particularly in recent years, allowing for asset accumulation.
- Low liabilities relative to assets, suggesting a healthy balance sheet.
Frequently Asked Questions about Midwest Region Laborers Employers Cooperation And Education Trust
Is Midwest Region Laborers Employers Cooperation And Education Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Midwest Region Laborers Employers Cooperation And Education Trust (EIN: 10606353) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Midwest Region Laborers Employers Cooperation And Education Trust spend its money?
Midwest Region Laborers Employers Cooperation And Education Trust directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Midwest Region Laborers Employers Cooperation And Education Trust tax-deductible?
Midwest Region Laborers Employers Cooperation And Education Trust is registered as a tax-exempt nonprofit (EIN: 10606353). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Midwest Region LECET a good charity?
Based on its financial health, consistent revenue and asset growth, and low liabilities, the organization appears to be well-managed. The 0% reported officer compensation is a unique aspect that could be viewed positively for resource allocation to mission, though further clarity on executive compensation structure would enhance transparency.
How has the organization's financial health changed over time?
Midwest Region LECET has shown significant financial improvement, with revenue more than doubling from $1,037,454 in 2014 to $2,597,249 in 2023, and assets tripling from $986,229 to $3,216,218 over the same period. Expenses have generally been well-controlled relative to revenue, contributing to this growth.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation on its IRS 990 filings, indicating that its officers are either volunteers or compensated through means not reported in that specific section of the form.
Filing History
IRS 990 filing history for Midwest Region Laborers Employers Cooperation And Education Trust showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Midwest Region Laborers Employers Cooperation And Education Trust's revenue has grown by 178.4%, moving from $933K to $2.6M. Total assets increased by 298.5% over the same period, from $807K to $3.2M. Total functional expenses rose by 90.3%, from $826K to $1.6M. In its most recent filing year (2023), Midwest Region Laborers Employers Cooperation And Education Trust reported a surplus of $1.0M, with revenue exceeding expenses. The organization holds $20K in liabilities against $3.2M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $3.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $1.6M | $3.2M | $20K | — | — |
| 2022 | $2.0M | $1.7M | $2.2M | $10K | — | — |
| 2021 | $2.0M | $1.7M | $2.0M | $8K | — | View 990 |
| 2020 | $1.9M | $1.9M | $1.6M | $15K | — | View 990 |
| 2019 | $2.1M | $2.0M | $1.5M | $18K | — | View 990 |
| 2018 | $1.9M | $1.8M | $1.4M | $30K | — | View 990 |
| 2017 | $1.8M | $1.6M | $1.2M | $10K | — | View 990 |
| 2016 | $1.7M | $1.7M | $1.0M | $6K | — | View 990 |
| 2015 | $1.4M | $1.3M | $1.0M | $1K | — | View 990 |
| 2014 | $1.0M | $1.0M | $986K | $5K | — | View 990 |
| 2013 | $1.0M | $961K | $955K | $667 | — | View 990 |
| 2012 | $1.0M | $1.0M | $900K | $2K | — | View 990 |
| 2011 | $1.0M | $929K | $905K | $4K | — | View 990 |
| 2010 | $933K | $826K | $807K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $1.6M, and assets of $3.2M (revenue +32.4% year-over-year).
- 2022: Revenue of $2.0M, expenses of $1.7M, and assets of $2.2M (revenue -2.7% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.7M, and assets of $2.0M (revenue +5.6% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.9M, and assets of $1.6M (revenue -10.0% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.0M, and assets of $1.5M (revenue +10.1% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.8M, and assets of $1.4M (revenue +6.0% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.6M, and assets of $1.2M (revenue +10.1% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.7M, and assets of $1.0M (revenue +17.6% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.3M, and assets of $1.0M (revenue +35.4% year-over-year).
- 2014: Revenue of $1.0M, expenses of $1.0M, and assets of $986K (revenue +2.3% year-over-year).
- 2013: Revenue of $1.0M, expenses of $961K, and assets of $955K (revenue -0.7% year-over-year).
- 2012: Revenue of $1.0M, expenses of $1.0M, and assets of $900K (revenue -0.3% year-over-year).
- 2011: Revenue of $1.0M, expenses of $929K, and assets of $905K (revenue +9.9% year-over-year).
- 2010: Revenue of $933K, expenses of $826K, and assets of $807K.
Data Sources and Methodology
This transparency report for Midwest Region Laborers 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.