ALASKA LABORERS CONSTRUCTION INDUSTRY TRAINING FUND

EIN: 926003589 501(c)(3) Education

CHUGIAK, AK

Total Revenue
$3,702,115
Total Expenses
$3,844,091
Total Assets
$17,513,554
Net Assets
$17,475,243
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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
1967
Legal Domicile
AK
Principal Officer
STEVE GERAGHTY
Phone
9073453853
Tax Period
2023-07-01 to 2024-06-30

ALASKA LABORERS CONSTRUCTION INDUSTRY TRAINING FUND, founded in 1967, is a community nonprofit in the Education sector that reported $3.7M in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. Net assets of $17.5M represent 57 months of operating reserves.

Mission

TO PROVIDE TRAINING AND RETRAINING PROGRAMS FOR ALASKA LABORERS

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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 (2023)

Revenue Breakdown

Contributions & Grants $856,323
Program Service Revenue $2,776,893
Investment Income $22,487
Other Revenue $46,412
TOTAL REVENUE $3,702,115

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,381,158
Fundraising Expenses $0
Program Expenses $3,254,569
Other Expenses $1,462,933
TOTAL EXPENSES $3,844,091

Year-over-Year Comparison

2023 2022 Change
Revenue $3,702,115 $2,743,714 +0.3%
Expenses $3,844,091 $3,251,357 +0.2%
Net Income $-141,976 $-507,643 -0.7%
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
8
Independent Members
1
Employees
32
Volunteers
8

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
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOEY MERRICK TRUSTEE, CHAIRMAN 1.00
Officer Director
$0 $0 $0
STEVE GERAGHTY TRUSTEE, SECRETARY 1.00
Officer Director
$0 $0 $0
JAMES MURRELL TRUSTEE 1.00
Director
$0 $0 $0
BRANDON CALCATERRA TRUSTEE 1.00
Director
$0 $0 $0
JEFF MILLER TRUSTEE 1.00
Director
$0 $0 $0
JACOB HOWDESHELL TRUSTEE 1.00
Director
$0 $0 $0
DAVID DUCLOS TRUSTEE 1.00
Director
$0 $0 $0
TRENTON ENGLISH TRUSTEE 1.00
Director
$0 $0 $0
SUZANNE MCCARTHY TRAINING DIRECTOR 40.00
Highest
$143,372 $111,401 $254,773
GABRIEL HARDY ASSISTANT DIRECTOR 40.00
Highest
$106,298 $97,349 $203,647
DANIEL RUERUP DEPUTY DIRECTOR 40.00
Highest
$106,298 $97,349 $203,647
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 $3,702,115 $3,844,091 $17,513,554 $-141,976
2023 $2,743,714 $3,251,357 $17,461,713 $-507,643
2022 $2,346,727 $3,118,820 $17,947,476 $-772,093
2021 $2,800,793 $3,124,823 $18,996,713 $-324,030
2020 $2,457,484 $3,253,025 $19,459,624 $-795,541
2019 $2,614,407 $3,135,029 $19,717,949 $-520,622
2018 $2,525,215 $3,136,817 $20,301,087 $-611,602
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