LABORERS INTERNATIONAL UNION OF NORTH AMERICA NO 692 LOCAL UNION

EIN: 720524357

Zachary, LA

Total Revenue
$1,373,661
Total Expenses
$1,133,880
Total Assets
$4,274,365
Net Assets
$4,273,033
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1966
Legal Domicile
LA
Phone
2256584886
Tax Period
2024-05-01 to 2025-04-30

LABORERS INTERNATIONAL UNION OF NORTH AMERICA NO 692 LOCAL UNION, founded in 1966, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $240K, a strong 17% operating margin.

Mission

To represent labor union members in economic bargaining, health and safety issues, and contract compliance issues.

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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 $165,784
Program Service Revenue $1,024,085
Investment Income $183,210
Other Revenue $582
TOTAL REVENUE $1,373,661

Expense Breakdown

Grants Paid $0
Salaries & Benefits $574,603
Fundraising Expenses $0
Other Expenses $552,854
TOTAL EXPENSES $1,133,880

Year-over-Year Comparison

2024 2023 Change
Revenue $1,373,661 $965,863 +0.4%
Expenses $1,133,880 $1,051,802 +0.1%
Net Income $239,781 $-85,939 -3.8%
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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Governance

Voting Members
9
Independent Members
4
Employees
4
Volunteers
4

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
2
$302,446
Total Directors
11
$314,446
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gerald S Odom Business Manager/Secretary-Treasurer 40
Officer Director Highest
$145,423 $68,422 $213,845
Byron Lewis President 40
Officer Director
$68,920 $19,681 $88,601
Stephen Lovett Vice President 5
Director
$2,400 $0 $2,400
Michael Cudo Executive Board Member 5
Director
$2,400 $0 $2,400
Calvin Amos Executive Board Member 5
Director
$2,400 $0 $2,400
Frank Doyle Executive Board Member 5
Director
$2,400 $0 $2,400
Alan Odom Executive Board Member 5
Director
$2,400 $0 $2,400
Larry Smith Auditor 5
Director
$0 $0 $0
Warren Shepard Auditor 5
Director
$0 $0 $0
James Hulsey Auditor 5
Director
$0 $0 $0
Kevin Mayon Sergeant at Arms 5
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
2025 $1,373,661 $1,133,880 $4,274,365 $239,781
2024 $965,863 $1,051,802 $4,035,632 $-85,939
2023 $992,054 $969,719 $4,121,786 $22,335
2022 $713,526 $867,163 $4,099,313 $-153,637
2021 $642,410 $906,676 $4,253,753 $-264,266
2020 $610,613 $819,179 $4,517,853 $-208,566
2019 $603,342 $971,414 $4,724,489 $-368,072
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