LATIN BUILDERS ASSOCIATION INC

EIN: 591437014

CORAL GABLES, FL

Total Revenue
$676,709
Total Expenses
$664,372
Total Assets
$470,745
Net Assets
$433,345
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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
1971
Legal Domicile
FL
Principal Officer
ANTHONY GOMEZ
Phone
3054465989
Tax Period
2024-01-01 to 2024-12-31

LATIN BUILDERS ASSOCIATION INC, founded in 1971, is a small nonprofit that reported $677K in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring.

Mission

THE ASSOCIATION PROVIDES ITS MEMBERS WITH CERTAIN BENEFITS SUCH AS GROUP INCURANCE, GOVERNMENT REPRESENTATION, AND PROVIDES A SOCIAL FORUM FOR THE EXCHANGE OF ENTREPRENEURIAL IDEAS.

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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 $659,409
Investment Income $0
Other Revenue $17,300
TOTAL REVENUE $676,709

Expense Breakdown

Grants Paid $64,657
Salaries & Benefits $238,807
Fundraising Expenses $0
Other Expenses $360,908
TOTAL EXPENSES $664,372

Year-over-Year Comparison

2024 2023 Change
Revenue $676,709 $854,070 -0.2%
Expenses $664,372 $859,164 -0.2%
Net Income $12,337 $-5,094 -3.4%
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
49
Independent Members
49
Employees
3
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
$0
Total Directors
60
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GUS CABRERA IMMEDIATE PA 0.50
Officer Director
$0 $0 $0
ANTHONY GOMEZ PRESIDENT 0.50
Officer Director
$0 $0 $0
ERICK VALDERRAMA EXECUTIVE DI 0.50
Officer Director
$0 $0 $0
JOE AVETRANI EXECUTIVE DI 0.50
Officer Director
$0 $0 $0
MICHELLE PRADERE EXECUTIVE DI 0.50
Officer Director
$0 $0 $0
JUAN CARLOS VILA EXECUTIVE DI 0.50
Officer Director
$0 $0 $0
RALPH CABRERA JR EXECUTIVE DI 0.50
Officer Director
$0 $0 $0
NEAL SKLAR EXECUTIVE DI 0.50
Officer Director
$0 $0 $0
ERIC MONTES DE OCA EXECUTIVE AD 0.50
Officer Director
$0 $0 $0
ALEX LASTRA EXECUTIVE AD 0.50
Officer Director
$0 $0 $0
GUILLERMO FERNANDEZ EXECUTIVE AD 0.50
Officer Director
$0 $0 $0
GUILLERMO ALVAREZ HONORARY DIR 0.50
Director
$0 $0 $0
JORGE L GUERRA HONORARY DIR 0.50
Director
$0 $0 $0
REY MADIEDO JR HONORARY DIR 0.50
Director
$0 $0 $0
HECTOR AGUILILLA DIRECTOR 0.50
Director
$0 $0 $0
MERCIEMARIE BAUMSTARK DIRECTOR 0.50
Director
$0 $0 $0
MANNY FERNANDEZ DIRECTOR 0.50
Director
$0 $0 $0
RALPH JIMENEZ DIRECTOR 0.50
Director
$0 $0 $0
MONICA LOPEZ DIRECTOR 0.50
Director
$0 $0 $0
GILBERT OUAKNINE DIRECTOR 0.50
Director
$0 $0 $0
EMIL ROSADO DIRECTOR 0.50
Director
$0 $0 $0
LISSETE HERMIDA DIRECTOR 0.50
Director
$0 $0 $0
GUARI RUIZ PANEQUE DIRECTOR 0.50
Director
$0 $0 $0
NELSON LOPEZ DIRECTOR 0.50
Director
$0 $0 $0
NICHOLAS SIEGFRIED DIRECTOR 0.50
Director
$0 $0 $0
FRANCHESCO SOTO DIRECTOR 0.50
Director
$0 $0 $0
TARYN MAZONE EXECUTIVE DI 0.50
Director
$0 $0 $0
JORGE BARRETO DIRECTOR 0.50
Director
$0 $0 $0
EDWARD PORTAS DIRECTOR 0.50
Director
$0 $0 $0
WILLIAM PLAZA DIRECTOR 0.50
Director
$0 $0 $0
RICK HERNANDEZ-ESPINO DIRECTOR 0.50
Director
$0 $0 $0
ANGEL MEDINA III DIRECTOR 0.50
Director
$0 $0 $0
TOMAS REGALADO DIRECTOR 0.50
Director
$0 $0 $0
CARLOS GIMENEZ JR DIRECTOR 0.50
Director
$0 $0 $0
GIL MARTIN DIRECTOR 0.50
Director
$0 $0 $0
LAWRENCE VALIDO DIRECTOR 0.50
Director
$0 $0 $0
MARITZA HARO DIRECTOR 0.50
Director
$0 $0 $0
PEDRO PORTELA EXECUTIVE DI 0.50
Director
$0 $0 $0
MANNY RODRIGUEZ HONORARY DIR 0.50
Director
$0 $0 $0
ERNESTO ROQUE DIRECTOR 0.50
Director
$0 $0 $0
MANUEL ARISMENDY DIRECTOR 0.50
Director
$0 $0 $0
DAVID RAMOS DIRECTOR 0.50
Director
$0 $0 $0
MATTHEW SENGSOURINH DIRECTOR 0.50
Director
$0 $0 $0
JORGE LUIS GARCIGA DIRECTOR 0.50
Director
$0 $0 $0
RICHARD MARQUEZ DIRECTOR 0.50
Director
$0 $0 $0
RAFAEL AQUINO DIRECTOR 0.50
Director
$0 $0 $0
ORLANDO SANCHEZ DIRECTOR 0.50
Director
$0 $0 $0
PERCY J AVETRANI DIRECTOR 0.50
Director
$0 $0 $0
ADDYS KURYLA DIRECTOR 0.50
Director
$0 $0 $0
RAFAEL J ROCA DIRECTOR 0.50
Director
$0 $0 $0
BANNA FAKHOURY DIRECTOR 0.50
Director
$0 $0 $0
JOSE LOPEZ DIRECTOR 0.50
Director
$0 $0 $0
HECTOR ECHEMENDIA DIRECTOR 0.50
Director
$0 $0 $0
MANNY POZO DIRECTOR 0.50
Director
$0 $0 $0
CARLOS PENIN DIRECTOR 0.50
Director
$0 $0 $0
EMILIO MIYARES DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL BULNES JR. DIRECTOR 0.50
Director
$0 $0 $0
ROLAND LUGO JR. DIRECTOR 0.50
Director
$0 $0 $0
EDUARDO VALLE JR. DIRECTOR 0.50
Director
$0 $0 $0
AGUSTIN BARRERA EXECUTIVE DI 0.50
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 $676,709 $664,372 $470,745 $12,337
2023 $854,070 $859,164 $475,704 $-5,094
2022 $844,972 $619,477 $494,774 $225,495
2021 $540,658 $393,283 $382,825 $147,375
2020 $260,804 $270,232 $189,532 $-9,428
2019 $326,974 $297,599 $220,049 $29,375
2018 $321,771 $387,259 $176,703 $-65,488
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