CRESAPTOWN, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LABORERS' INTERNATIONAL UNION - LOCAL 616, founded in 1936, is a small nonprofit that reported $488K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $567K exceeded revenue, resulting in a 16% operating deficit.
THE UNION'S PURPOSE IS TO PROVIDE AN EFFECTIVE, COMPETENT, AND SAFE METHOD OF OPERATION IN THE CONSTRUCTION INDUSTRY TO ELIMINATE THE EVILS OF CASUAL EMPLOYMENT, THEREBY, SECURING THE FAIR DISTRIBUTION OF EMPLOYMENT AND LIVING WAGES TO THE WORKMEN WHO MUST GAIN THEIR LIVELIHOOD FROM THE INDUSTRY TO WHICH THEY CONTRIBUTE THEIR LABOR AND TO PROVIDE AN ORDERLY PROCEDURE OF REFERRALS OF APPLICANTS FOR EMPLOYMENT.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $488,200 | $556,001 | -0.1% |
| Expenses | $566,938 | $580,734 | 0.0% |
| Net Income | $-78,738 | $-24,733 | +2.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JEREMY KENNELL | BUSINESS MGR | 50.00 |
Officer
Director
|
$84,678 | $83,571 | $168,249 |
| GARY LAMBERT | PRESIDENT | 50.00 |
Officer
Director
|
$75,310 | $38,727 | $114,037 |
| ADAM HOSSELRODE | VICE PRES/EX | 1.00 |
Officer
Director
|
$1,020 | $0 | $1,020 |
| CARL SHIPLEY JR | SERGENT AT A | 1.00 |
Director
|
$1,020 | $0 | $1,020 |
| RANDALL LEE | AUDITOR/EXEC | 1.00 |
Director
|
$1,020 | $0 | $1,020 |
| JAMES SHANHOLTZ | EXECUTIVE BO | 1.00 |
Director
|
$1,020 | $0 | $1,020 |
| JOHN MCGEADY | RECORDING SE | 1.00 |
Director
|
$990 | $0 | $990 |
| BRIAN NOLAN | VICE PRESIDE | 1.00 |
Director
|
$935 | $0 | $935 |
| RUSSELL WOLFGANG II | AUDITOR/EXEC | 1.00 |
Director
|
$850 | $0 | $850 |
| THOMAS LOGSDON | EXECUTIVE BO | 1.00 |
Director
|
$850 | $0 | $850 |
| JAMES BRIDGES | AUDITOR | 1.00 |
Director
|
$0 | $0 | $0 |
| RYAN KENNELL | REC SEC/AUDI | 1.00 |
Director
|
$0 | $0 | $0 |
| COLE WEAVER | RECORDING SE | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $488,200 | $566,938 | $908,144 | $-78,738 |
| 2024 | $556,001 | $580,734 | $1,014,603 | $-24,733 |
| 2023 | $542,992 | $438,121 | $1,046,269 | $104,871 |
| 2022 | $496,502 | $390,731 | $950,764 | $105,771 |
| 2021 | $431,389 | $356,150 | $822,886 | $75,239 |
| 2020 | $408,569 | $367,055 | $747,429 | $41,514 |
| 2019 | $418,723 | $353,602 | $716,665 | $65,121 |
Compare LABORERS' INTERNATIONAL UNION - LOCAL 616 with other nonprofits in Maryland and across the country.