Local No 7 Labor Management Cooperation Fund
501(c)(5)Employment
Only null% goes to programs Strong reserves Declining revenue
Local No 7 Labor Management Cooperation Fund is a 501(c)(5) organization based in Springfield, Massachusetts, registered in 2003, with $636,411 in FY2024 revenue. CharityIndex grades it D.
95 Liberty St, Springfield, MA, 01103 EIN 22-3865264 Since 2003
Revenue (FY2024)
$636K
▲ 10.8% vs prior year
Employment median: $367K
Expenses (FY2024)
$846K
Net assets
$1.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Local No 7 Labor Management Cooperation Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating18 mo reserves · -33% 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 Local No 7 Labor Management Cooperation Fund: 18 mo reserves · -33% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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. Not scored for Local No 7 Labor Management Cooperation Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 Local No 7 Labor Management Cooperation Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 95 Liberty St, Springfield, MA, 01103
- City
- Springfield
- State
- Massachusetts
- Category
- Employment
- Subcategory
- Labor Unions & Organizations
Financial trends
Revenue grew from $374K (FY2009) to $636K (FY2024) across 13 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.3M
Operating margin
-33.0%
Spent more than it raised in the latest fiscal year.
Total assets
$1.3M
Total liabilities
$0
Net assets
$1.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $636,411▲10.8% | $846,460▼14.4% | $1,254,790▼14.3% | $1,254,790▼14.3% | 990 |
| 2023 | $574,619▼6.0% | $988,743▲48.6% | $1,464,839▼22.0% | $1,464,839▼22.0% | 990 |
| 2022 | $611,600▼67.3% | $665,476▼67.9% | $1,878,963▼2.8% | $1,878,963▼2.8% | 990 |
| 2021 | $1,870,904▼39.8% | $2,074,171▼6.1% | $1,932,839▼9.5% | $1,932,839▼9.5% | 990 |
| 2020 | $3,107,903▲474% | $2,209,686▲93.8% | $2,136,106▲72.6% | $2,136,106▲72.6% | 990 |
| 2019 | $541,536▼28.5% | $1,140,461▲40.5% | $1,237,889▼32.6% | $1,237,889▼32.6% | 990 |
| 2018 | $756,898▼40.5% | $811,507▲7.6% | $1,836,814▼2.9% | $1,836,814▼2.9% | 990 |
| 2017 | $1,271,112▲47.1% | $754,397▲55.0% | $1,891,423▲37.6% | $1,891,423▲37.6% | 990 |
| 2016 | $863,848▲56.8% | $486,749▲16.0% | $1,374,708▲37.8% | $1,374,708▲37.8% | 990 |
| 2015 | $550,877▼7.5% | $419,534▼49.6% | $997,609▲15.2% | $997,609▲15.2% | 990 |
| 2014 | $595,817▼11.3% | $832,644▲54.3% | $866,266▼21.5% | $866,266▼21.6% | 990 |
| 2013 | $672,052 | $539,737▼20.0% | $1,103,093▲13.6% | $1,105,020▲13.8% | 990 |
| 2012 | — | $674,934▲61.4% | $970,778▼3.7% | $970,778▼3.7% | 990 |
| 2011 | — | $418,158▼8.5% | $1,007,686▲44.6% | $1,007,686▲44.6% | 990 |
| 2010 | — | $457,023▲44.7% | $696,816▲13.4% | $696,816▲13.4% | 990 |
| 2009 | $374,114 | $315,808 | $614,265 | $614,265 | 990EZ |
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.
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Compare Local No 7 Labor Management Cooperation Fund
Frequently asked questions
- Is Local No 7 Labor Management Cooperation Fund a legitimate nonprofit?
- Yes. Local No 7 Labor Management Cooperation Fund is a 501(c)(5) organization registered with the U.S. Internal Revenue Service under EIN 22-3865264, based in Springfield, Massachusetts.
- What is Local No 7 Labor Management Cooperation Fund's EIN?
- Local No 7 Labor Management Cooperation Fund's Employer Identification Number (EIN) is 22-3865264.
- How much revenue does Local No 7 Labor Management Cooperation Fund report?
- Local No 7 Labor Management Cooperation Fund reported $636,411 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Local No 7 Labor Management Cooperation Fund have?
- CharityIndex grades Local No 7 Labor Management Cooperation Fund D, based on financial health (reserves and operating margin).
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Data for Local No 7 Labor Management Cooperation Fund (EIN 22-3865264) 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.