LECET is a union based in Washington, DC that was founded in 1994. As of 2019 they had $555 million in revenue and $31 million in assets.
LECET is a cutting edge joint labor-management trust fund with a simple, yet potent mission: to generate business opportunities for union contractors and opportunities for members of the Laborers' International Union of North America.
Previous legal names or variations of their name include: Laborers-Employers Cooperation And Education Trust.
Lebpct process hours continue to be high: approximate total hours processed in 2014 over 20 million; 2015 over 18 million; 2016 over 19 million; 2017 over 27 million; 2018 over 31.5 million.
| Fiscal year ending | Date received by IRS | Form | PDF link |
|---|---|---|---|
| 2018-12 | Feb 3, 2020 | 990 | View PDF |
| 2017-12 | Feb 21, 2019 | 990 | View PDF |
| 2016-12 | Dec 5, 2017 | 990O | View PDF |
| 2015-12 | Jan 24, 2017 | 990O | View PDF |
| 2014-12 | Feb 19, 2016 | 990O | View PDF |
| ...and five more Form 990 PDFs | |||
| Field | 2018 |
|---|---|
| Total grants, contributions, etc. | $0 |
| Program services | $555,644,482 |
| Investment income and dividends | $36,646 |
| Tax-exempt bond proceeds | $0 |
| Royalty revenue | $0 |
| Net rental income | $0 |
| Net gain from sale of non-inventory assets | $-2,377 |
| Net income from fundraising events | $0 |
| Net income from gaming activities | $0 |
| Net income from sales of inventory | $0 |
| Miscellaneous revenues | $0 |
| Total revenues | $555,678,751 |
| Vendor | Services | Amount paid | Date |
|---|---|---|---|
| Microsoft Services | Software | 2020-03-18 | |
| ██████ | Fundraising software | 2020-03-11 | |
| ███████ ███ ████ | Fundraising software; Payment processing | 2020-03-11 | |
| █████████ | Content management system software | 2020-03-11 | |
| ███████ ███ █████ ████ | Tax accounting | 2020-02-03 |
| Name | Title | Compensation | Most recent data |
|---|---|---|---|
| Terrence M. Healy | Chairman / Trustee | $0 | March 24, 2020 |
| Name | Type | Revenue | Location | |
|---|---|---|---|---|
| 1 | International Brotherhood of Electrical Workers Pension Benefit Fund | 501(c)(5) | $188 million | Washington, DC |
| 2 | Finra Regulation (FINRA) | 501(c)(6) | $792 million | Washington, DC |
| 3 | Fiat Lux Risk and Insurance Company | 501(c)(3) | $250 million | Washington, DC |
| 4 | Life and Health Benefits Plan of the American Red Cross | 501(c)(9) | $214 million | Washington, DC |
| 5 | Carpenters Health and Welfare Trust Fund for Northern California | 501(c)(9) | $517 million | Oakland, CA |
| 6 | University of Kansas Center for Research (KUCR) | 501(c)(3) | $157 million | Lawrence, KS |