LABORERS INTERNATIONAL UNION OF 29

EIN: 131404520

ASTORIA, NY

Total Revenue
$11,900
Total Expenses
$71
Total Assets
N/A
Net Assets
N/A
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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
1939
Legal Domicile
NY
Principal Officer
DOMINIC VALDNER
Phone
7187060720
Tax Period
2019-01-01 to 2019-12-31

LABORERS INTERNATIONAL UNION OF 29, founded in 1939, is a micro nonprofit that reported $12K in total revenue in fiscal year 2019. Revenue fell 98% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $12K, a strong 99% operating margin.

Mission

LOCAL LABOR ORGANIZATION THAT REPRESENTS ITS MEMBERSHIP IN COLLECTIVE BARGAINING AGREEMENT WITH MANAGEMENT IN CONSTRUCTION TRADE

Program Service Accomplishments

Program 1

LOCAL LABOR ORGANIZATION THAT REPRESENTS IT'S MEMBERSHIP IN COLLECTIVE BARGAINING AGREEMENT WITH MANAGEMENT IN CONSTRUCTION TRADE

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $11,900
Other Revenue $0
TOTAL REVENUE $11,900

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $71
TOTAL EXPENSES $71

Year-over-Year Comparison

2019 2018 Change
Revenue $11,900 $579,591 -1.0%
Expenses $71 $1,226,170 -1.0%
Net Income $11,829 $-646,579 -1.0%
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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
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
13
$3,489,573
Total Directors
5
$2,480,866
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GUISEPPE D'AMATO BUSINESS MAN 0.00
Officer Director
$0 $173,285 $501,794
DOMINIC VALDNER SECY TREASUR 1.00
Officer Director
$0 $171,210 $495,878
RONALD VALDNER FIELD REP/RE N/A
Officer Director
$0 $171,210 $495,665
JOSEPH TODARO FIELD REP/ E N/A
Officer Director
$0 $171,210 $493,882
FRANK BIANCANIELLO PRESIDENT/ F N/A
Officer Director
$0 $171,210 $493,647
CARMINE D'AMATO FIELD REP / N/A
Officer
$0 $171,210 $492,270
HERBERT JOHNSON FIELD REP/E N/A
Officer
$0 $171,210 $491,830
RAYMOND ROLDAN EXEC BD N/A
Officer
$0 $4,104 $9,302
NICHOLAS LAVAGLIO SGT AT ARMS N/A
Officer
$0 $1,673 $3,353
DAVIS TORRES SGT AT ARMS N/A
Officer
$0 $1,048 $3,302
DAVID LUGO AUDITOR N/A
Officer
$0 $1,005 $2,911
RAFAEL TIRADO AUDITOR N/A
Officer
$0 $1,005 $2,898
PETER REID AUDITOR N/A
Officer
$0 $0 $2,841
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
2019 $11,900 $71 No data $11,829
2018 $579,591 $1,226,170 $497,019 $-646,579
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