2024-12-05T17:07:51-05:00 2023-12-31 363141842 ERIC J FERNANDEZ & CO 895 W MAIN ST STE 1000 WEST DUNDEE IL 601182057 990 2023-01-01 363590037 LABOR MGMT COOPERATION COMMITTEE LABO 6308970461 765 MUNSHAW LANE CRYSTAL LAKE IL 60014 JOEL PYLE II CHAIRMAN 8478549680 2024-08-07 true true CARL L SWANSON P00013526 8474287400 2024-12-05 2023 2024-10-15 13:58:12Z X JOEL PYLE II 765 MUNSHAW LANE CRYSTAL LAKE IL 60014 556867 false X LMCC-NEI.COM X 1988 IL IMPROVE COMMUNICATION BETWEEN REPRESENTATIVES OF LABOR AND MANAGEMENT. 6 6 2 0 0 403877 403159 29924 87302 78850 66406 512651 556867 0 0 122184 116603 0 0 351558 331450 473742 448053 38909 108814 2386715 2405705 445799 339174 1940916 2066531 IMPROVE COMMUNICATION BETWEEN REPRESENTATIVES OF LABOR AND MANAGEMENT. false false DISTRIBUTION OF VACATION BENEFITS TO MEMBERS. DRUG SCREENING TO PROVIDE A DRUG FREE WORKPLACE. A MASTER BOND PROGRAM TO PROVIDE FUNDS TO MAKE SURE MEMBERS HEALTH AND WELFARE AND PENSION CONTRIBUTIONS ARE PAID. false false false false false false false false false true false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 true 2 true false false false false false false false false X 6 6 false false false false true true false true false false false true false false false false false false X X JOEL PYLE II 8478547200 765 MUNSHAW LANE CRYSTAL LAKE IL 60014 X JOEL PYLE II CHAIRMAN 1.00 0.00 X X 0 0 0 KYLE LAUDERDALE SECRETARY 1.00 X X 0 0 0 JESSE LENART DIRECTOR 1.00 X 0 0 0 STEVE SMART DIRECTOR 1.00 X 0 0 0 ALEX COOK DIRECTOR 1.00 X 0 0 0 CHAD LOTHER DIRECTOR 1.00 X 0 0 0 false false false MEMBERSHIP DUES AND ASSESSMTS 403159 403159 403159 87302 87302 MASTER BOND FUND INCOME 66406 66406 66406 556867 469565 87302 60369 60369 14496 14496 37341 37341 4397 4397 10780 10780 149719 149719 15900 15900 26835 26835 17300 17300 3827 3827 4668 4668 DRUG TESTING 57823 57823 MASTER BOND PREMIUMS 24078 24078 GRANTS TO OTHER IBEW'S 13774 13774 TELEPHONE 3638 3638 3108 2075 1033 448053 264769 183284 0 1684646 1660557 149404 121798 31432 27606 670637 717542 2386715 2405705 445799 339174 445799 339174 X 1940916 2066531 1940916 2066531 2386715 2405705 108814 16801 X false true X true false 93801 66827 26974 55603 54971 632 27606 VACATION PAYABLES 339174 339174 X 573668 16801 16801 556867 556867 448053 448053 448053 SCHEDULE D, PAGE 3, PART X THE LMCC HAS ADOPTED FASB ASC 740-10-25, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE LMCC WILL RECORD A LIABILITY FOR UNCERTAIN TAX POSITIONS WHEN IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WOULD NOT BE SUSTAINED IF EXAMINED BY THE TAXING AUTHORITY. THE LMCC CONTINUALLY EVALUATES EXPIRING STATUES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAWS AND NEW AUTHORITATIVE RULINGS. THE LMCC'S EVALUATION ON DECEMBER 31, 2023 REVEALED NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. THE 2020 THROUGH 2022 TAX YEARS REMAIN SUBJECT TO EXAMINATION BY THE IRS. THE LMCC DOES NOT BELIEVE THAT ANY REASONABLE POSSIBLE CHANGES WILL OCCUR WITHIN THE NEXT TWELVE MONTHS THAT WILL HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. FORM 990, PAGE 1, ITEM B VACATION BENEFITS PAID OF 147,339 WERE INCORRECTLY RECORDED AS AN EXPENSE. THE PAYMENTS SHOULD HAVE REDUCED THE VACATIONS PAYABLE LIABILITY ACCOUNT. FORM 990, PAGE 6, PART VI, LINE 6 UNION MEMBERS AND SIGNATORY CONTRACTORS ARE REPRESENTED BY GOVERNING BOARD. FORM 990, PAGE 6, PART VI, LINE 7A THE MEMBERS MAY ELECT SOME GOVERNING BODY MEMBERS AND THE NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION SELECTS 1 SIGNATORY CONTRACTOR FROM EACH JURISDICTION. FORM 990, PAGE 6, PART VI, LINE 8B THERE ARE NO COMMITTEES FORMED, AND THEREFORE, THERE IS NO DOCUMENTATION. FORM 990, PAGE 6, PART VI, LINE 11B THE GOVERNING BODY USES A BOARD MEETING TO REVIEW AND APPROVE THE FORM 990 BEFORE IT IS FILED. FORM 990, PAGE 6, PART VI, LINE 19 AVAILABLE UPON REQUEST