Laborers International Union Local 499 (EIN 203999923) - 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

2006

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

Laborers International Union Local 499, founded in 2006, is a community nonprofit that reported $2.1M in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $821K, a strong 38% operating margin.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,953,329

Program Service Revenue $0

Investment Income $159,223

Other Revenue $30,936

TOTAL REVENUE $2,143,488

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,082,855

Fundraising Expenses $0

Program Expenses $1,165,614

Other Expenses $239,304

TOTAL EXPENSES $1,322,159

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,143,488	$1,688,028	+0.3%
Expenses	$1,322,159	$1,216,627	+0.1%
Net Income	$821,329	$471,401	+0.7%

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

Total Directors

$922,030

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANNY MINTON	BUSINESS MANAGER	40.00	Director	$144,308	$76,567	$220,875
MICHAEL J HAYTER	SECRETARYTREASURER	40.00	Director	$114,160	$68,870	$183,030
RONNIE MALCOM	PRESIDENT	40.00	Director	$99,651	$64,154	$163,805
DAMON E JACOBS	EXEC BRDVICE PRESIDENT	40.00	Director	$92,648	$62,237	$154,885
BENJAMIN S LYONS	EXECUTIVE BOARD	40.00	Director	$89,242	$62,397	$151,639
JAMES D CHAPMAN	EXECUTIVE BOARD	40.00	Director	$30,662	$17,134	$47,796
KARSEIN CAMPBELL	EXECUTIVE BOARD	1.00	Director	$0	$0	$0
SCOTT MCDONALD	RECORDING SECRATARY	1.00	Director	$0	$0	$0
DRAKE MINTON	EXECUTIVE BOARD	1.00	Director	$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	No data	No data	No data	No data
2023	$2,143,488	$1,322,159	$6,837,835	$821,329
2022	$1,688,028	$1,216,627	$6,029,698	$471,401
2021	$1,690,636	$1,178,957	$5,542,816	$511,679
2020	$1,833,489	$1,124,767	$5,023,424	$708,722
2019	$1,757,584	$1,151,733	$4,307,103	$605,851
2018	$1,975,597	$1,013,628	$3,693,725	$961,969

Laborers International Union Local 499