INTERNATIONAL LONGSHOREMENS(AFL-CIO LOCAL 2062 - ATTN LUIS MEURICE

EIN: 650642386

MIAMI, FL

Total Revenue
$307,426
Total Expenses
$142,309
Total Assets
$16,421
Net Assets
$-50,582
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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
1985
Legal Domicile
FL
Principal Officer
LUIS MEURICE
Phone
3053745660
Tax Period
2017-07-01 to 2018-06-30

INTERNATIONAL LONGSHOREMENS(AFL-CIO LOCAL 2062 - ATTN LUIS MEURICE, founded in 1985, is a small nonprofit that reported $307K in total revenue in fiscal year 2017. Revenue surged 77% from the prior year, signaling strong growth momentum. The organization ran a surplus of $165K, a strong 54% operating margin.

Mission

THE LOCAL REPRESENTS APPROXIMATELY 200 EMPLOYEES WORKING ON THE DOCKS OF MIAMI AND PORT EVERGLADES IN NEGOTIATIONS REGARDING PAY RATES, WORKING CONDITIONS, AND FRINGE BENEFITS.

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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 (2017)

Revenue Breakdown

Contributions & Grants $307,422
Program Service Revenue $0
Investment Income $4
Other Revenue $0
TOTAL REVENUE $307,426

Expense Breakdown

Grants Paid $0
Salaries & Benefits $125,639
Fundraising Expenses $0
Other Expenses $16,670
TOTAL EXPENSES $142,309

Year-over-Year Comparison

2017 2016 Change
Revenue $307,426 $173,415 +0.8%
Expenses $142,309 $207,528 -0.3%
Net Income $165,117 $-34,113 -5.8%
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
1
Independent Members
1
Employees
1
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LUIS MEURICE PRESIDENT N/A
Officer
$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
2018 $307,426 $142,309 $16,421 $165,117
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