Cement Masons & Plasterers Local 528

EIN: 910222689

Seattle, WA

Total Revenue
$7,215,472
Total Expenses
$5,781,456
Total Assets
$21,400,167
Net Assets
$21,005,699
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1941
Legal Domicile
WA
Principal Officer
Eric Coffelt
Phone
2064419386
Tax Period
2024-06-01 to 2025-05-31

Cement Masons & Plasterers Local 528, founded in 1941, is a community nonprofit that reported $7.2M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $1.4M, a strong 20% operating margin.

Mission

The Local Union's mission is to organize and educate workers so that they have a voice in the workplace and know their workplace rights, involve workers in the political process, and to negotiate with employers so that each worker is treated with dignity, justice, and respect.

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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 $6,377,855
Investment Income $507,422
Other Revenue $330,195
TOTAL REVENUE $7,215,472

Expense Breakdown

Grants Paid $18,977
Salaries & Benefits $2,773,635
Fundraising Expenses $0
Other Expenses $2,954,344
TOTAL EXPENSES $5,781,456

Year-over-Year Comparison

2024 2023 Change
Revenue $7,215,472 $7,704,319 -0.1%
Expenses $5,781,456 $5,825,381 0.0%
Net Income $1,434,016 $1,878,938 -0.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
6
Employees
14
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
7
$1,330,283
Total Directors
21
$1,557,790
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Eric J Coffelt Fin Secr/Bs Mgr 40.00
Officer Director
$189,459 $81,880 $271,339
Justin J Palachuk Treasur/Bs Agnt 40.00
Officer Director
$160,546 $78,767 $239,313
Jose G Belica Sgt-Arm/Bs Agnt 40.00
Officer Director
$141,728 $70,862 $212,590
Travis C Metzger Presdnt/Bs Agnt 40.00
Officer Director
$139,921 $70,517 $210,438
Mario Silva Compliance Officer 40.00
$139,423 $70,517 $209,940
Jordan L Russeff Business Agent 40.00
$139,155 $70,240 $209,395
Nicholas T Scott Exec Bd/Bs Angt 40.00
Director
$137,406 $71,128 $208,534
Joseph W Neff Business Agent 40.00
$129,873 $70,517 $200,390
Marilyn I Kennedy Rec Sec/Bs Agnt 40.00
Officer Director
$139,630 $60,757 $200,387
Raymond A Dumas Vce Prs/Bs Agnt 40.00
Officer Director
$139,733 $52,149 $191,882
Theodore Roth Executive Board 1.00
Director
$6,021 $0 $6,021
Richard DuBois Executive Board 1.00
Director
$4,384 $0 $4,384
Ed Case Past Vice Pres 1.00
Officer Director
$4,334 $0 $4,334
Jeff J Ableman Past Tres/Bs Ag 1.00
Director
$4,284 $0 $4,284
Loren Hovde Executive Board 1.00
Director
$4,284 $0 $4,284
Chris Hartshorne Past Exec Board 1.00
Director
$0 $0 $0
Jose Perez Past Exec Board 1.00
Director
$0 $0 $0
Michael Raymond Executive Board 1.00
Director
$0 $0 $0
Luke Sleeper Executive Board 1.00
Director
$0 $0 $0
Lionel Cameron Past Trustee 1.00
Director
$0 $0 $0
Joseph Harrington Trustee 1.00
Director
$0 $0 $0
Shalice West Past Exec Board 1.00
Director
$0 $0 $0
Sydney Thomas Executive Board 1.00
Director
$0 $0 $0
Tony Rossberg Trustee 1.00
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 $7,215,472 $5,781,456 $21,400,167 $1,434,016
2024 $7,704,319 $5,825,381 $20,015,776 $1,878,938
2023 $7,828,880 $5,539,389 $18,056,659 $2,289,491
2022 $6,918,743 $5,143,042 $15,739,865 $1,775,701
2021 $6,824,028 $4,676,300 $14,019,229 $2,147,728
2020 $6,216,524 $4,396,303 $11,766,932 $1,820,221
2019 $5,696,311 $4,496,406 $9,852,735 $1,199,905
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