LABORERS INTERNATIONAL UNION OF NA LOCAL 39 (EIN 041900032) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1936

Legal Domicile

Phone

9783429067

Tax Period

2024-01-01 to 2024-12-31

LABORERS INTERNATIONAL UNION OF NA LOCAL 39, founded in 1936, is a small nonprofit that reported $610K in total revenue in fiscal year 2024. Net assets of $2.4M represent 48 months of operating reserves.

Mission

LOCAL LABOR UNION PROVIDING GAINFUL EMPLOYMENT TO ITS MEMBERS IN ORDER TO IMPROVE WORKING CONDITIONS AND THE FUTURE OF ITS MEMBERS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $520,922

Investment Income $89,493

Other Revenue $0

TOTAL REVENUE $610,415

Expense Breakdown

Grants Paid $0

Salaries & Benefits $456,024

Fundraising Expenses $0

Program Expenses $388,992

Other Expenses $205,916

TOTAL EXPENSES $661,940

Year-over-Year Comparison

	2024	2023	Change
Revenue	$610,415	$591,227	+0.0%
Expenses	$661,940	$559,436	+0.2%
Net Income	$-51,525	$31,791	-2.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$5,950

Total Directors

$8,638

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEVIN F MELANSON	Secretary/Treas	40.00		$139,910	$0	$139,910
STEVEN BEGNOCHE	President	40.00		$104,171	$0	$104,171
RICHARD KOWESKY JR	Recording Secre	5.00	Officer	$3,400	$0	$3,400
FRANK ARSENAULT	Vice President	5.00	Officer	$2,550	$0	$2,550
JOSE GARCIA DIEGO	Director	5.00	Director	$2,125	$0	$2,125
JOHN BELLAR	Director	5.00	Director	$2,125	$0	$2,125
Jose Garcia	AUDITOR	5.00	Director	$1,025	$0	$1,025
LUCAS MAKES	AUDITOR	5.00	Director	$850	$0	$850
RANDY RAYMOND	Director	5.00	Director	$850	$0	$850
ADRIAN CRUZ	SARGENT AT ARMS	5.00	Director	$850	$0	$850
ERIC MARTINEZ	Director	5.00	Director	$813	$0	$813
STEVE BEGNOCHE	President	0.00	Officer	$0	$0	$0
KEVIN MELANSON	SECRETARY/TREAS	0.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$610,415	$661,940	$2,430,032	$-51,525
2023	$591,227	$559,436	$2,481,557	$31,791
2022	$505,556	$356,157	$2,449,766	$149,399
2021	$510,074	$357,797	$2,300,367	$152,277
2020	$532,598	$347,140	$2,148,090	$185,458
2019	$566,863	$426,037	$1,966,771	$140,826
2018	$585,358	$353,867	$1,824,863	$231,491

LABORERS INTERNATIONAL UNION OF NA LOCAL 39