Laredo Builders Association Inc

EIN: 742635233

Laredo, TX

Total Revenue
$304,781
Total Expenses
$295,406
Total Assets
$495,012
Net Assets
$475,454
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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
1992
Legal Domicile
TX
Principal Officer
Martha Mireles
Phone
9567225553
Tax Period
2024-01-01 to 2024-12-31

Laredo Builders Association Inc, founded in 1992, is a small nonprofit that reported $305K in total revenue in fiscal year 2024. Expenses of $295K left a modest 3% surplus.

Mission

To further the business interest of local construction industry

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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 $55,283
Program Service Revenue $215,796
Investment Income $9,737
Other Revenue $23,965
TOTAL REVENUE $304,781

Expense Breakdown

Grants Paid $0
Salaries & Benefits $110,869
Fundraising Expenses $0
Program Expenses $76,093
Other Expenses $184,537
TOTAL EXPENSES $295,406

Year-over-Year Comparison

2024 2023 Change
Revenue $304,781 N/A N/A
Expenses $295,406 N/A N/A
Net Income $9,375 N/A N/A
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
13
Independent Members
13
Employees
1
Volunteers
25

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
8
$103,035
Total Directors
12
$0
Key Employees
1
$103,035
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sheri Alba Executive Officer 40.00
Officer Key Emp Highest
$101,005 $2,030 $103,035
Martha Mireles President 1.00
Officer Director
$0 $0 $0
Gaby Bernus President Elect 1.00
Officer Director
$0 $0 $0
Cristina Martinez 1st Vice President 1.00
Officer Director
$0 $0 $0
Salvador Nino 2nd Vice President 1.00
Officer Director
$0 $0 $0
Carlos D Garcia Treasurer 1.00
Officer Director
$0 $0 $0
Leila G Martinez Secretary 1.00
Officer Director
$0 $0 $0
Ramin Emami Board Member 1.00
Director
$0 $0 $0
Ana Jimenez Board Member 1.00
Director
$0 $0 $0
Sylvia Olivares Board Member 1.00
Director
$0 $0 $0
Eunice Soliz Board Member 1.00
Director
$0 $0 $0
Yvonne Velasquez Board Member 1.00
Director
$0 $0 $0
Oscar Santos Immediate Past President 1.00
Officer 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 $304,781 $295,406 $495,012 $9,375
2023 $314,475 $277,830 $477,852 $36,645
2022 $534,882 $314,553 $440,093 $220,329
2021 $205,965 $252,188 $218,572 $-46,223
2020 $142,517 $184,064 $272,277 $-41,547
2019 $208,703 $200,861 $311,391 $7,842
2018 $193,738 $245,688 $304,316 $-51,950
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