LABORERS' INTERNATIONAL UNION OF NORTH AMERICA LOCAL 1309 (EIN 465132404) - 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

2014

Legal Domicile

Principal Officer

NICHOLAS SANTOS

Phone

5624219346

Tax Period

2024-01-01 to 2024-12-31

LABORERS' INTERNATIONAL UNION OF NORTH AMERICA LOCAL 1309, founded in 2014, is a community nonprofit that reported $9.1M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $3.5M, a strong 39% operating margin.

Mission

TO UNITE MEMBERS INTO ONE ORGANIZATION FOR THE PURPOSE OF IMPROVING ECONOMIC ADVANTAGES THROUGH COLLECTIVE BARGAINING AND TO PROMOTE EDUCATION AND SOCIAL AWARENESS OF ITS MEMBERSHIP.

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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 $100,000

Program Service Revenue $8,102,672

Investment Income $534,169

Other Revenue $358,038

TOTAL REVENUE $9,094,879

Expense Breakdown

Grants Paid $14,591

Salaries & Benefits $2,175,365

Fundraising Expenses $0

Other Expenses $3,370,058

TOTAL EXPENSES $5,560,014

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,094,879	$8,314,044	+0.1%
Expenses	$5,560,014	$4,768,771	+0.2%
Net Income	$3,534,865	$3,545,273	0.0%

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

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

$610,234

Total Directors

$896,350

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICHOLAS SANTOS	BUSINESS MANAGER/SEC.-TREAS.	40.0	Officer Director	$238,769	$107,586	$346,355
STEVEN MENDOZA	PRESIDENT/FIELD REP	40.0	Officer Director	$167,247	$87,018	$254,265
EDUARDO RIVERA	DELEGATE TO COUNCIL/FIELD REP	40.0	Director	$147,350	$81,248	$228,598
EDUARDO RAVELO	FIELD REP	40.0	Highest	$147,350	$81,248	$228,598
JULIAN JIMENEZ	FIELD REP	40.0	Highest	$149,704	$41,609	$191,313
ANNA PARADA	DISPATCHER	40.0	Highest	$117,426	$72,704	$190,130
HENRY THOMAS	EXEC. BOARD/FIELD REP - PAST	1.0	Director	$25,877	$9,858	$35,735
JOSH LAFARGA	RECORDING SECRETARY	1.0	Officer Director	$5,714	$0	$5,714
ANDREW MAYORGA	AUDITOR	1.0	Director	$4,633	$0	$4,633
ARTURO ALVAREZ	VICE PRESIDENT	1.0	Officer Director	$3,900	$0	$3,900
RAYMOND REZA	EXECUTIVE BOARD - PAST	1.0	Director	$3,575	$0	$3,575
ALFONSO MADRIGAL	EXECUTIVE BOARD - PAST	1.0	Director	$3,575	$0	$3,575
RUBEN SILVA	AUDITOR	1.0	Director	$3,350	$0	$3,350
CHRISTIAN SANDOVAL	EXECUTIVE BOARD	1.0	Director	$3,350	$0	$3,350
BERNARDINO PORRAS	AUDITOR	1.0	Director	$3,300	$0	$3,300
RAYMOND LOPEZ	AUDITOR	1.0	Director	$0	$0	$0
ANTHONY RODARTE	SERGEANT-AT-ARMS	1.0	Officer 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	$9,094,879	$5,560,014	$30,101,884	$3,534,865
2023	$8,314,044	$4,768,771	$26,189,039	$3,545,273
2022	$7,989,851	$4,633,363	$22,172,461	$3,356,488
2021	$7,741,993	$4,729,263	$19,259,198	$3,012,730
2020	$7,249,328	$4,577,969	$16,420,825	$2,671,359
2019	$6,509,009	$4,267,092	$13,762,946	$2,241,917
2018	$5,508,758	$4,135,384	$11,239,695	$1,373,374

LABORERS' INTERNATIONAL UNION OF NORTH AMERICA LOCAL 1309