Laborers-employers Benefit Plan Collection Trust
501(c)(5)
Only null% goes to programs Thin reserves
Laborers-employers Benefit Plan Collection Trust is a 501(c)(5) organization based in Washington, District of Columbia, registered in 1995, with $348,498,291 in FY2024 revenue. CharityIndex grades it C+.
905 16th Street Nw, Washington, DC, 20006 EIN 52-6681436 Since 1995
Revenue (FY2024)
$348.5M
▼ 4.5% vs prior year
Expenses (FY2024)
$347.3M
Net assets
$889K
Employees
7
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Laborers-employers Benefit Plan Collection Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CFinancial health25% of the rating0 mo reserves · +0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Laborers-employers Benefit Plan Collection Trust: 0 mo reserves · +0% margin earns a C on this criterion. See the exact thresholds →
C+Governance25% of the rating3 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Laborers-employers Benefit Plan Collection Trust: 3 of 6 checks met earns a C+ on this criterion. See the exact thresholds →
BTransparency10% of the rating3 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Laborers-employers Benefit Plan Collection Trust: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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Mission
To facilitate collection and disbursement of contributions and benefits
Contact & location
- Address
- 905 16th Street Nw, Washington, DC, 20006
- City
- Washington
- State
- District of Columbia
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $289.9M (FY2014) to $348.5M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.2MNet assets $889K
Operating margin
0.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.1M
Total liabilities
$1.2M
Net assets
$889K
Salaries & benefits
$1.1M
0% of expenses
Board members
8
8 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $348,498,291▼4.5% | $347,303,983▼5.4% | $888,943▲1303% | $2,068,757▲137% | 990 |
| 2023 | $364,795,348▲15.3% | $367,220,043▲15.4% | $63,372▲146% | $874,449▼73.5% | 990 |
| 2022 | $316,415,067▼17.0% | $318,156,131▼17.5% | -$138,602▼244% | $3,300,192▼34.6% | 990 |
| 2021 | $381,198,289▲13.2% | $385,568,098▲15.8% | $96,312▼85.9% | $5,049,783▼46.4% | 990 |
| 2020 | $336,836,197▼25.8% | $333,032,426▼30.6% | $681,753▼45.8% | $9,419,292▲68.0% | 990 |
| 2019 | $453,829,559▼18.3% | $479,634,598▼10.3% | $1,258,566▼23.8% | $5,606,246▼82.2% | 990 |
| 2018 | $555,678,751▲29.4% | $534,436,679▲24.9% | $1,652,440▲26.3% | $31,411,285▲209% | 990 |
| 2017 | $429,559,070▲44.0% | $427,903,687▲46.7% | $1,308,368▼4.4% | $10,169,213▲19.4% | 990 |
| 2016 | $298,402,504▲2.3% | $291,761,776▼0.6% | $1,368,319▼12.6% | $8,513,830▲355% | 990 |
| 2015 | $291,573,367▲0.6% | $293,413,618▲1.9% | $1,565,743▼0.5% | $1,873,102▼49.6% | 990 |
| 2014 | $289,863,191 | $287,875,959 | $1,573,092 | $3,713,353 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Michael Dibitetto — $166,645 (0.05% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Michael Dibitetto | Fund Administrator | 40 | $166,645 |
| Dale Anderson | Trustee | 1 | — |
| David Frye | Trustee | 1 | — |
| David Nelson | Trustee | 1 | — |
| Dennis Martire | Trustee | 1 | — |
| Josh Ramsey | Trustee | 1 | — |
| Robert Riess Sr | Trustee | 1 | — |
| Steve Farner | Trustee | 1 | — |
| Terrence M Healy | Trustee | 1 | — |
Frequently asked questions
- Is Laborers-employers Benefit Plan Collection Trust a legitimate nonprofit?
- Yes. Laborers-employers Benefit Plan Collection Trust is a 501(c)(5) organization registered with the U.S. Internal Revenue Service under EIN 52-6681436, based in Washington, District of Columbia.
- What is Laborers-employers Benefit Plan Collection Trust's EIN?
- Laborers-employers Benefit Plan Collection Trust's Employer Identification Number (EIN) is 52-6681436.
- How much revenue does Laborers-employers Benefit Plan Collection Trust report?
- Laborers-employers Benefit Plan Collection Trust reported $348,498,291 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Laborers-employers Benefit Plan Collection Trust have?
- CharityIndex grades Laborers-employers Benefit Plan Collection Trust C+, based on financial health (reserves and operating margin).
- How much does Laborers-employers Benefit Plan Collection Trust's highest-paid employee make?
- The highest reported compensation on Laborers-employers Benefit Plan Collection Trust's latest Form 990 is $166,645, paid to Michael Dibitetto (Fund Administrator).
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Data for Laborers-employers Benefit Plan Collection Trust (EIN 52-6681436) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.