LABORERS INTERNATIONAL UNION OF NORTH AMERICA LOCAL #703 (EIN 370347605) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1926

Legal Domicile

Principal Officer

CLINT GARRETSON

Phone

2173670703

Tax Period

2024-10-01 to 2025-09-30

LABORERS INTERNATIONAL UNION OF NORTH AMERICA LOCAL #703, founded in 1926, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $569K, a strong 33% operating margin.

Mission

OPERATION OF LOCAL UNION

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,603

Program Service Revenue $1,641,408

Investment Income $49,492

Other Revenue $39,481

TOTAL REVENUE $1,733,984

Expense Breakdown

Grants Paid $17,500

Salaries & Benefits $545,747

Fundraising Expenses $0

Other Expenses $601,611

TOTAL EXPENSES $1,164,858

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,733,984	$1,481,827	+0.2%
Expenses	$1,164,858	$1,169,180	0.0%
Net Income	$569,126	$312,647	+0.8%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$382,367

Total Directors

$393,466

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RYAN PERRING	VICE PRESIDENT	0.50	Director	$2,400	$0	$2,400
RUSSELL DAVENPORT	BUSINESS MANAGER	50.00	Officer Director	$127,072	$90,319	$217,391
ROBERT L DIETZEN JR	RECORDING SECRETARY	0.50	Director	$2,400	$0	$2,400
SHANE ATER	PRESIDENT	50.00	Officer Director	$83,270	$80,106	$163,376
CLINT GARRETSON	SECRETARY/TREASURER	50.00	Officer Director	$1,600	$0	$1,600
VICTOR MUNOZ	EXECUTIVE BOARD	0.50	Director	$2,000	$0	$2,000
KENNETH HILLARD JR	EXECUTIVE BOARD - PAST	0.50	Director	$2,400	$0	$2,400
CONSTANCE MUSICK	EXECUTIVE BOARD	0.50	Director	$1,899	$0	$1,899

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	$1,733,984	$1,164,858	$3,470,166	$569,126
2024	$1,481,827	$1,169,180	$2,900,198	$312,647
2023	$1,461,866	$1,621,615	$2,589,654	$-159,749
2022	$1,616,382	$1,709,255	$2,750,229	$-92,873
2021	$1,664,440	$1,473,951	$2,842,312	$190,489
2020	$1,753,121	$1,556,690	$2,651,747	$196,431
2019	$1,606,891	$1,489,377	$2,456,607	$117,514
2018	$1,552,201	$1,582,153	$2,361,418	$-29,952

LABORERS INTERNATIONAL UNION OF NORTH AMERICA LOCAL #703