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I U O E LOCAL 14-14B LABOR MANAGEMENT COOPERATION TRUST FUND
FLUSHING, NY · EIN 352573997 · Form 990 · FY2024 · NTEE J40 · Employment · Small ($100K-$1M)
revenue
$686K
expenses
$259K
net assets
$2.8M
employees
0
mission · from form 990

THE PURPOSE OF THE LOCAL 14 LMCTF IS TO, AMONG OTHER THINGS, IMPROVE COMMUNICATION BETWEEN REPRESENTATIVES OF LABOR AND MANAGEMENT; PROVIDE OPPORTUNITIES TO STUDY AND EXPLORE NEW AND INNOVATIVE JOINT APPROACHES TO ACHIEVING ORGANIZATIONAL EFFECTIVENESS; PROMOTE THE USE OF SAFE, EFFICIENT AND HIGH QUALITY CONSTRUCTION EQUIPMENT IN DEVELOPMENT, MAINTENANCE AND REHABILITATION OF INDUSTRIAL AND COMMERCIAL FACILITIES; AND FOSTER DEVELOPMENT OF CRAFT SKILLS AND HIGH QUALITY TRAINING IN THE CONSTRUCTION INDUSTRY.

profile · synthesized from sources

Trust fund established to improve labor-management communication and organizational effectiveness within the construction industry. Focuses on promoting safe, efficient construction equipment use and advancing craft skills through high-quality training programs. Operates in New York with a mission centered on workforce development and industry standards.

named programs · 2 · from sources

What they call their work

Craft Skills Development
Training initiatives focused on enhancing technical skills and safety standards among construction equipment operators and tradespeople
Labor-Management Cooperation Training
Programs designed to improve communication and collaboration between union representatives and management in the construction sector
activities · 3 groups

What they do

  • Union-Affiliated Trade Apprenticeship & Training 1 activity
    • Fostering craft skills and high-quality training in construction
      Supports the development of skilled craft labor by promoting high-quality training programs within the construction industry.
  • Labor-Management Cooperation Forums 1 activity
    • Improving labor-management communication and organizational effectiveness
      Facilitates collaboration between labor and management representatives to enhance organizational effectiveness in the construction industry through joint problem-solving and communication improvement initiatives.
  • Construction Industry Standards and Contractor Support Services 1 activity
    • Promoting safe and efficient construction equipment use
      Advances the adoption of safe, efficient, and high-quality construction equipment in the development, maintenance, and rehabilitation of industrial and commercial facilities.
financials · form 990 · fy2024
revenue
Total revenue$686K
Contributions & grants$00%
Program service revenue$596K87%
Investment income$90K13%
Other revenue$0
expenses
Total expenses$259K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$0
Grants paid out$216K
Largest expense lineProfessional Fees
balance sheet
Total assets$2.88M
Cash$2.85M
Investments$0
Liabilities$46K
Net assets$2.84M
Liquid reserves131.6 mo
6 years on record · 2019–2024 · YoY revenue +16.6%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
THOMAS GORDON UNION TRUSTEE 1 $375K
MARLENE MONTERROSO FUND ADMIN. 1 $364K
board members · 10
  • EDWARD M CHRISTIAN — ALT UNION TRUSTEE - EFF 3/25
  • EDWIN L CHRISTIAN — UNION TRUSTEE
  • HUGH MANLEY — UNION TRUSTEE - EFF 3/25
  • JOHN CRONIN — UNION TRUSTEE
  • JOHN F O'HARE — EMPLYR TRUSTEE
  • KENNETH KLEMENS — UNION TRUSTEE - THRU 3/25
  • MICHAEL SALGO — EMPLYR TRUSTEE
  • ROBERT WESSELS — ALT EMPLOYER TRUSTEE - EFF 12/24
  • TREEF BEVEL — EMPLYR TRUSTEE
  • WILLIAM TYSON — EMPLYR TRUSTEE
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Labor-Management Cooperation
    methodology: labor-management_cooperation
    By collaborating jointly between labor and management representatives, we improve organizational effectiveness and industry outcomes in the construction sector, because shared governance leads to better decision-making, innovation, and trust.