LABORERS INTERNATIONAL UNION LOCAL #582 (EIN 361265047) - 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

1903

Legal Domicile

Principal Officer

MIKE BIVINS

Phone

8477417430

Tax Period

2025-01-01 to 2025-12-31

LABORERS INTERNATIONAL UNION LOCAL #582, founded in 1903, is a community nonprofit that reported $4.0M in total revenue in fiscal year 2025. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.2M, a strong 31% operating margin.

Mission

MEN AND WOMEN FIGHTING FOR BETTER WAGES AND BENEFITS, SAFER JOBSITES AND MORE OPPORTUNITY.

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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 (2025)

Revenue Breakdown

Contributions & Grants $125,000

Program Service Revenue $3,184,542

Investment Income $668,761

Other Revenue $2,980

TOTAL REVENUE $3,981,283

Expense Breakdown

Grants Paid $30,149

Salaries & Benefits $1,566,620

Fundraising Expenses $0

Other Expenses $1,169,437

TOTAL EXPENSES $2,766,206

Year-over-Year Comparison

	2025	2024	Change
Revenue	$3,981,283	$3,591,336	+0.1%
Expenses	$2,766,206	$2,461,535	+0.1%
Net Income	$1,215,077	$1,129,801	+0.1%

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

N/A

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

$1,332,412

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE BIVINS	PRESIDENT/BUSINESS MANAGER	50.00	Officer	$209,925	$132,973	$342,898
JAIRO GOMEZ	VICE PRESIDENT	5.00	Officer	$4,800	$0	$4,800
DUSTIN KEENAN	EXEC BOARD	5.00	Officer	$3,200	$0	$3,200
ROB MORENO	RECORDING SECR/FIELD REP	50.00	Officer	$188,667	$126,271	$314,938
LARRY ERVIN	AUDITOR	5.00	Officer	$1,600	$0	$1,600
JOSH RAPP	AUDITOR	5.00	Officer	$1,600	$0	$1,600
CRISTOBAL ZEPEDA	SGT AT ARMS	5.00	Officer	$4,800	$0	$4,800
ARMANDO GRANADOS	EXEC BOARD	5.00	Officer	$4,000	$0	$4,000
ALBERTO ALFARO	SECR-TREAS / FIELD REP	50.00	Officer	$207,505	$130,384	$337,889
JOAQUIN MENDOZA	AUDITOR	5.00	Officer	$1,200	$0	$1,200
BRIAN LAVENDER	EXEC BOARD/FIELD REP	50.00	Officer	$189,216	$126,271	$315,487

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
2025	$3,981,283	$2,766,206	$16,548,632	$1,215,077
2024	No data	No data	No data	No data
2023	$3,249,418	$2,237,660	$13,978,750	$1,011,758
2022	$2,923,915	$2,140,778	$12,638,531	$783,137
2021	$2,789,420	$1,963,923	$12,424,029	$825,497
2020	$2,677,322	$1,904,402	$11,603,395	$772,920

LABORERS INTERNATIONAL UNION LOCAL #582