IBEW Local 488 Labor Management Cooperation Trust
To further labor-management cooperation.
IBEW Local 488 Labor Management Cooperation Trust at a glance
In short: IBEW Local 488 Labor Management Cooperation Trust gave $126K across 4 grants in 2025 (avg $32K), mostly in Connecticut. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $126,000
- +76.0% vs 2024
- Grants made (2025)
- 4
- -20.0% vs 2024
- Average grant
- $31,500
- +120.0% vs 2024
- Median grant
- $30,000
- Total assets
- $749,406
- -6.4% vs 2024
- Primary geography
- Connecticut (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who IBEW Local 488 Labor Management Cooperation Trust funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Harbor Yard Sports & Entertainment LLC ($56K). Together the top 4 received $126K.
Grant Size Distribution
29 grants across all recorded years
The most common grant size was under $50K: 28 grants of 29 (97%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
How IBEW Local 488 Labor Management Cooperation Trust gives
- Giving held roughly steady from 2022 to 2025 (−3%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $65K (2020) to $252K (2019). In 2025 it made 4 grants totaling $126K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Harbor Yard Sports & Entertainment LLC Bridgeport, CT | Financial Support | $56,000 |
| Barnum Festival Bridgeport, CT | Financial Support | $35,000 |
| Bridgeport Caribe Youth Leaders Bridgeport, CT | Financial Support | $25,000 |
| Marilyn Goldstone Foundation Ansonia, CT | Financial Support | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $749,406 | $427,894 | $478,878 | $126,000 | 4 | $13,656 |
| 2024 | $800,390 | $349,246 | $499,742 | $71,600 | 5 | $9,167 |
| 2023 | $950,886 | $308,164 | $537,664 | $83,400 | 5 | $4,083 |
| 2022 | $1,180,386 | $346,558 | $453,717 | $130,450 | 8 | $3,219 |
| 2021 | $1,287,545 | $284,711 | $312,648 | $79,650 | 7 | $4,709 |
| 2020 | $1,315,482 | $310,965 | $182,371 | $65,000 | 7 | $9,492 |
| 2019 | $1,186,888 | $625,321 | $522,195 | $251,973 | 17 | $15,573 |
About IBEW Local 488 Labor Management Cooperation Trust
Based on IRS filings
IBEW Local 488 Labor Management Cooperation Trust is a public charity focused on International relations, based in Monroe, CT. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $749K in total assets. In 2025, it awarded 4 grants totaling $126K. Net investment income was $14K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
IBEW Local 488 Labor Management Cooperation Trust's 2025 filing lists 4 officers; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Daniel McInerney
Labor Trustee
On filings since 2019
1 hr/week
No compensation reported
Michael Moconyi
Management Trustee
On filings since 2019
1 hr/week
No compensation reported
Michael Murgatroyd
Management Trustee
On filings since 2019
1 hr/week
No compensation reported
Anthony Cavalli
Labor Trustee
On filings since 2020
1 hr/week
No compensation reported
Former officers (2)
- Former: Anthony M. Soter (2019–2020) — Labor Trustee
- Former: Peter F. Carroll (2019) — Labor Trustee
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about IBEW Local 488 Labor Management Cooperation Trust
How much does IBEW Local 488 Labor Management Cooperation Trust give each year?
IBEW Local 488 Labor Management Cooperation Trust gave $126K across 4 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $72K across 5 grants.
What is IBEW Local 488 Labor Management Cooperation Trust's typical grant size?
IBEW Local 488 Labor Management Cooperation Trust's median grant in 2025 was $30,000, and its average grant was $31,500, across 4 grants on its 2025 IRS Form 990.
Where does IBEW Local 488 Labor Management Cooperation Trust give grants?
IBEW Local 488 Labor Management Cooperation Trust gives mostly in Connecticut: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Bridgeport, CT (3 grants).
Does IBEW Local 488 Labor Management Cooperation Trust give general operating support?
Not in 2025: none of the 4 grants with a stated purpose on IBEW Local 488 Labor Management Cooperation Trust's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Financial Support" (4 grants).
How large is IBEW Local 488 Labor Management Cooperation Trust?
IBEW Local 488 Labor Management Cooperation Trust reported $749K in total assets on its 2025 IRS Form 990. Its revenue that year was $428K.
What is IBEW Local 488 Labor Management Cooperation Trust?
IBEW Local 488 Labor Management Cooperation Trust is a public charity focused on International relations, based in Monroe, CT. It holds $749K in total assets as of 2025.
What is IBEW Local 488 Labor Management Cooperation Trust's EIN?
IBEW Local 488 Labor Management Cooperation Trust's EIN (Employer Identification Number) is 46-2805810. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS June 3, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS April 29, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS July 25, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS June 7, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS April 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS April 25, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS April 2, 2026)
- IRS filings on file for fiscal years 2019–2025
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IBEW Local 488 Labor Management Cooperation Trust down — hundreds of funders to go?