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Filing year 2023

LOCAL NO 7 LABOR MANAGEMENT COOPERATION FUND

Springfield, Massachusetts·EIN 22-3865264·NTEE J40 · Employment·501(c)(5)
Total revenue
$575k
Total assets
$1.5M
Total expenses
$989k
Reported officers
6
Mission

TO PROMOTE JOINT LABOR MANAGEMENT ACTIVITIES IN SUPPORT OF OBTAINNING WORK FOR SIGNATORY CONTRACTORS AND UNION MEMBERS

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Employment organizations nationwide.

Trustee
Board Member
Median to 75th percentile
$51k
$56k
Trustee
Board Member
Median to 75th percentile
$51k
$56k
Trustee
Board Member
Median to 75th percentile
$51k
$56k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Browse compensation in Employment

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at LOCAL NO 7 LABOR MANAGEMENT COOPERATION FUND equaled 5% of the organization's total expenses. The median for employment organizations is 7%.

This organization (2023)
5%
Sector median
7%
Middle half of sector
3% to 16%

Based on 3,624 employment organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 2%
from 2022

From $49k in 2022 to $51k in 2023.

$49k
2022
$51k
2023
In today's dollarsEst.
Down 1% in real terms$57k to $56k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 2% from 2022 to 2023, while revenue fell 6%.

$49k in 2022 to $51k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about LOCAL NO 7 LABOR MANAGEMENT COOPERATION FUND

What does the Board Member of LOCAL NO 7 LABOR MANAGEMENT COOPERATION FUND earn?

In 2023, the Board Member of LOCAL NO 7 LABOR MANAGEMENT COOPERATION FUND received $50,513 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Employment organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at LOCAL NO 7 LABOR MANAGEMENT COOPERATION FUND compare with similar nonprofits?

Compared with the same role at Employment organizations nationwide, the 2023 pay of the Board Member at LOCAL NO 7 LABOR MANAGEMENT COOPERATION FUND falls between the median and the 75th percentile. In 2023, the highest total compensation at LOCAL NO 7 LABOR MANAGEMENT COOPERATION FUND equaled 5% of the organization's total expenses. The median for employment organizations is 7%.

What are LOCAL NO 7 LABOR MANAGEMENT COOPERATION FUND's revenue and expenses?

In 2023, LOCAL NO 7 LABOR MANAGEMENT COOPERATION FUND reported $575k in total revenue and $989k in total expenses on its IRS Form 990.

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