International Association of Firefighters Local 1309

EIN: 841191236

Lakewood, CO

Total Revenue
$912,321
Total Expenses
$632,726
Total Assets
$1,583,462
Net Assets
$1,583,424
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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
1958
Legal Domicile
CO
Principal Officer
Reed Norwood
Phone
3032461503
Tax Period
2024-01-01 to 2024-12-31

International Association of Firefighters Local 1309, founded in 1958, is a small nonprofit that reported $912K in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. The organization ran a surplus of $280K, a strong 31% operating margin.

Mission

The mission and activities of the IAFF L1309 is to serve its membership with integrity by providing the highest quality of representation, safety education and polital action.

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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 $631,173
Investment Income $280,516
Other Revenue $632
TOTAL REVENUE $912,321

Expense Breakdown

Grants Paid $0
Salaries & Benefits $178,330
Fundraising Expenses $0
Program Expenses $585,067
Other Expenses $425,240
TOTAL EXPENSES $632,726

Year-over-Year Comparison

2024 2023 Change
Revenue $912,321 $670,081 +0.4%
Expenses $632,726 $583,040 +0.1%
Net Income $279,595 $87,041 +2.2%
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
5
Independent Members
N/A
Employees
12
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
6
$138,365
Total Directors
6
$25,720
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Mulcahy President 0.00
Officer
$42,740 $0 $42,740
Marcus C Jordan Outgoing VP 0.00
Officer
$1,227 $0 $1,227
Chin Tae Kim Vice President 0.00
Officer
$16,259 $0 $16,259
Reed Norwood Secretary/Treasurer 0.00
Officer
$43,997 $0 $43,997
Jon Beattie Vice President 0.00
Officer
$18,343 $0 $18,343
Ed Gaffrey Communications Director 0.00
Director
$8,216 $0 $8,216
Andrew Saur Political Director 0.00
Director
$1,227 $0 $1,227
Louie Barela New VP 0.00
Officer
$15,799 $0 $15,799
Kent Grosse Political Director 0.00
Director
$14,727 $0 $14,727
Michael Long Trustee 0.00
Director
$600 $0 $600
Chad Stodden Trustee 0.00
Director
$600 $0 $600
Gregory Woodward Trustee 0.00
Director
$350 $0 $350
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 No data No data No data No data
2024 $912,321 $632,726 $1,583,462 $279,595
2023 $670,081 $583,040 $1,478,888 $87,041
2022 $578,921 $570,869 $950,116 $8,052
2021 $648,098 $475,388 $1,157,859 $172,710
2020 $573,806 $448,882 $994,098 $124,924
2019 $458,738 $481,395 $839,127 $-22,657
2018 $544,811 $574,516 $863,771 $-29,705
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