LABORERS INTERNATIONAL UNION OF NORTH AMERICA LOCAL UNION 572

EIN: 540965469

CAMP SPRINGS, MD

Total Revenue
$1,863,675
Total Expenses
$1,698,275
Total Assets
$1,876,476
Net Assets
$1,621,142
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
VA
Principal Officer
SONIA VASQUEZ LUNA
Phone
2023022500
Tax Period
2024-01-01 to 2024-12-31

LABORERS INTERNATIONAL UNION OF NORTH AMERICA LOCAL UNION 572, founded in 1974, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2024. Expenses of $1.7M left a modest 9% surplus.

Mission

MEMBERS ARE EMPLOYEES OF CONTRACTORS SUBJECT TO COLLECTIVE BARGAINING AGREEMENTS WITH THE UNION WHO RECEIVE INFORMATION AND ADVICE ON PROBLEMS, OFFER JOBS TO PROMOTE JOB SECURITY, AND BETTER WORKING CONDITIONS.

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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 $375
Program Service Revenue $1,890,347
Investment Income $-33,969
Other Revenue $6,922
TOTAL REVENUE $1,863,675

Expense Breakdown

Grants Paid $7,950
Salaries & Benefits $3,776
Fundraising Expenses $0
Other Expenses $1,686,549
TOTAL EXPENSES $1,698,275

Year-over-Year Comparison

2024 2023 Change
Revenue $1,863,675 $1,732,924 +0.1%
Expenses $1,698,275 $1,540,318 +0.1%
Net Income $165,400 $192,606 -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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Governance

Voting Members
11
Independent Members
11
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
11
$1,016,387
Total Directors
11
$1,016,387
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIHA RICHARDSON PRESIDENT 1.00
Officer Director
$0 $50,038 $157,949
DIEGO CAMPOVERDE VICE PRESIDE 1.00
Officer Director
$0 $38,700 $130,185
ROBIN RICHMOND SERGEANT AT 1.00
Officer Director
$2,080 $0 $2,080
ANTHONY FOSTER RECORDING SE 1.00
Officer Director
$0 $38,700 $130,776
LORENA CRUZ SECRETARY-TR 1.00
Officer Director
$0 $51,603 $152,280
SONIA VASQUEZ LUNA BUSINESS MAN 1.00
Officer Director
$0 $52,199 $175,446
SEAN HALL AUDITOR 1.00
Officer Director
$0 $0 $0
MICHELLE BAUM AUDITOR 1.00
Officer Director
$1,696 $0 $1,696
JOY SAIN AUDITOR 1.00
Officer Director
$0 $0 $0
KEON PRICE EXEC BOARD M 1.00
Officer Director
$0 $38,700 $130,719
XIOMARA VASQUEZ EXEC BOARD M 1.00
Officer Director
$0 $43,148 $135,256
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 $1,863,675 $1,698,275 $1,876,476 $165,400
2023 $1,732,924 $1,540,318 $1,488,895 $192,606
2022 $1,697,130 $1,670,432 $1,271,396 $26,698
2021 $1,763,899 $1,811,501 $1,419,542 $-47,602
2020 $1,612,069 $1,622,208 $1,443,890 $-10,139
2019 $1,576,398 $1,687,408 $1,410,011 $-111,010
2018 $1,652,788 $1,588,113 $1,298,602 $64,675
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