CONSTRUCTION & MASTER LABORERS LOCAL 11

EIN: 522360167

UPPER MARLBORO, MD

Total Revenue
$973,755
Total Expenses
$1,041,800
Total Assets
$4,960,495
Net Assets
$4,960,495
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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
2001
Legal Domicile
VA
Principal Officer
JULIO PALOMO
Phone
2027233366
Tax Period
2024-01-01 to 2024-12-31

CONSTRUCTION & MASTER LABORERS LOCAL 11, founded in 2001, is a small nonprofit that reported $974K in total revenue in fiscal year 2024. Revenue fell 38% from the prior year — a significant decline worth monitoring. Net assets of $5.0M represent 61 months of operating reserves.

Mission

TO IMPROVE, IN PARTNERSHIP WITH CONTRACTORS, THE PRODUCTIVITY, COMPENSATION AND WORKING CONDITIONS OF CONSTRUCTION LABORERS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,006,965
Investment Income $-34,365
Other Revenue $1,155
TOTAL REVENUE $973,755

Expense Breakdown

Grants Paid $22,625
Salaries & Benefits $24,555
Fundraising Expenses $0
Other Expenses $994,620
TOTAL EXPENSES $1,041,800

Year-over-Year Comparison

2024 2023 Change
Revenue $973,755 $1,575,125 -0.4%
Expenses $1,041,800 $1,102,408 -0.1%
Net Income $-68,045 $472,717 -1.1%
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

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
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
4
$432,963
Total Directors
10
$962,433
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JULIO PALOMO PRESIDENT 1.00
Officer Director
$0 $76,414 $303,769
SHANNON JONES VICE PRESIDE 1.00
Officer Director
$0 $0 $0
HUGO CARBALLO SECRETARY-TR 1.00
Officer Director
$0 $0 $0
RUBEN FERRUFINO RECORDING SE 1.00
Officer Director
$0 $38,994 $129,194
MARK PINKNEY SERGEANT AT 1.00
Director
$0 $0 $0
VAUGHN K THOMAS EXECUTIVE BO 1.00
Director
$0 $43,316 $134,619
VICTOR A REYES EXECUTIVE BO 1.00
Director
$0 $43,308 $132,836
ANDRES MONTERROSA EXECUTIVE BO 1.00
Director
$0 $43,326 $133,216
VERLISSA TAYLOR AUDITOR 1.00
Director
$650 $0 $650
MIGUEL CARBALLO AUDITOR 1.00
Director
$0 $38,729 $128,149
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 $973,755 $1,041,800 $4,960,495 $-68,045
2023 $1,575,125 $1,102,408 $4,793,236 $472,717
2022 $991,084 $976,360 $4,181,736 $14,724
2021 $1,087,631 $1,107,550 $4,540,572 $-19,919
2020 $1,030,624 $1,195,738 $4,515,947 $-165,114
2019 $1,083,901 $1,283,509 $4,539,558 $-199,608
2018 $997,581 $1,160,279 $4,566,045 $-162,698
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