Labor-Management Cooperation Trust for the Distribution Contractors

Not tax-deductible

Richardson, TX501(c)(5)EIN 75-6418708

1. Planning for events and services to be rendered in accordance with exempt function. 2. Creation and distribution of publications which provide valuable information to members to aid in business and to promote the pipeline industry. 3. Newsletter discusses such topics as osha sponsored comprehensive safety and health reform act, new dot alcohol testing legislation, and industry awards for safety. 4. Planning for the production of programs on safety, government, regulatory requirements, industry promotion, management and employee training and public education.

83¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(5)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average deficit $3K a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
9 mo
of spending, in cash
Looks good: 8.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 7 voting members
Concern: none of 7 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$765K
-12% vs prior year
Spent
$896K
To programs
83%
Net assets
$756K
By yearFY2020–FY2024
Revenue
$765K
FY2024▼ -12%
Revenue by fiscal year
FY2020$885K
FY2021$864K
FY2022$917K
FY2023$870K
FY2024$765K
Expenses
$896K
FY2024▲ +0.7%
Expenses by fiscal year
FY2020$809K
FY2021$838K
FY2022$884K
FY2023$890K
FY2024$896K
Net assets
$756K
FY2024▼ -15%
Net assets by fiscal year
FY2020$849K
FY2021$875K
FY2022$908K
FY2023$887K
FY2024$756K

From the FY2024 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1992.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $745K Management & general 17% · $151K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Labor-Management Cooperation Trust for the Distribution Contractors executive salaries →

Are you one of these people? Claim this org to confirm your role

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes the pipeline industry through events, publications, and training on safety and regulations.

Provided by the organization

This section is blank until Labor-Management Cooperation Trust for the Distribution Contractors claims this page.

Know this organization? Claim it to add your story

1 program service account for $745K of program spending, described in the organization's own filed words · FY2024.
01

1. Planning for events and services to be rendered in accordance with exempt function. 2. Creation and distribution of publications which provide valuable information to members to aid in business and to promote the pieline distribution industry. 3.

$745Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 4 grants · $2.7M · 2020–2024

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$765K
Ln 12
Gifts and grantsLn 1h$765K
Investment incomeLn 3$35
Money outPt IX
$896K
Ln 25
Programscol B$745K
Managementcol C$151K
Owns and owesPt X
$756K
net assets · Ln 32
Cash and savingsLn 1–2$640K
Total assetsLn 16$756K
LiabilitiesLn 26$0
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$765K
Investment incomeLn 3$35
Total revenueLn 12$765K
Assets in detailPt X, end of year
CashLn 1$640K
Cash and savings togetherLn 1–2$640K
Total assetsLn 16$756K
LiabilitiesLn 26$0
Net assetsLn 32$756K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$773K$640K
Total assetsLn 16$889K$756K
LiabilitiesLn 26$2K$0
Net assetsLn 32$887K$756K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$725K$725K
Accounting feesLn 11c$33K$33K
TravelLn 17$17K$17K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$118K$3K$116K
Total functional expensesLn 25$896K$745K$151K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $765K$896K−$132K$756K 990 PDF
FY2023 $870K$890K−$21K$887K 990 PDF
FY2022 $917K$884K$33K$908K 990 PDF
FY2021 $864K$838K$26K$875K 990 PDF
FY2020 $885K$809K$76K$849K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $764,540 across 4 lines filed
VIII-1b Membership dues$764,505
VIII-1h Total contributions, gifts and grants$764,505
VIII-3 Investment incomeExcluded from tax $35$35
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $35$764,540
Part IX · Statement of functional expenses $896,234 across 5 lines filed
IX-1 Grants to domestic organizationsPrograms $725,000$725,000
IX-11c Accounting feesManagement $33,145$33,145
IX-17 TravelPrograms $17,400$17,400
IX-23 InsuranceManagement $2,252$2,252
IX-24 Other expenses (24a–d)Programs $2,523 · Management $115,914$118,437
IX-25 Total functional expensesPrograms $744,923 · Management $151,311 · Fundraising $0$896,234
Part X · Balance sheet $755,728 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $772,869$640,323
X-4 Accounts receivableStart of year $108,837$110,465
X-9 Prepaid expenses and deferred chargesStart of year $7,466$4,940
X-16 Total assetsStart of year $889,172$755,728
X-17 Accounts payable and accrued expensesStart of year $1,750$0
X-26 Total liabilitiesStart of year $1,750$0
X-32 Total net assets or fund balancesStart of year $887,422$755,728
X-33 Total liabilities and net assetsStart of year $889,172$755,728
Part XI · Reconciliation of net assets $755,728 net assets at year end
XI-1 Total revenue$764,540
XI-2 Total expenses$896,234
XI-3 Revenue less expenses−$131,694
XI-4 Net assets at start of year$887,422
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$755,728

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.