UFCW LOCAL 1442 BUILDING CORPORATION

EIN: 931043661

INGLEWOOD, CA

Total Revenue
$437,438
Total Expenses
$643,568
Total Assets
$661,310
Net Assets
$-1,099,863
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
CA
Principal Officer
MICHAEL STRAETER
Phone
3103228329
Tax Period
2024-01-01 to 2024-12-31

UFCW LOCAL 1442 BUILDING CORPORATION, founded in 1991, is a small nonprofit that reported $437K in total revenue in fiscal year 2024. Revenue surged 280% from the prior year, signaling strong growth momentum. Expenses of $644K exceeded revenue, resulting in a 47% operating deficit.

Mission

HOLD TITLE TO OFFICE BUILDING.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $437,363
Investment Income $75
Other Revenue $0
TOTAL REVENUE $437,438

Expense Breakdown

Grants Paid $0
Salaries & Benefits $60,078
Fundraising Expenses $0
Other Expenses $583,490
TOTAL EXPENSES $643,568

Year-over-Year Comparison

2024 2023 Change
Revenue $437,438 $115,114 +2.8%
Expenses $643,568 $316,162 +1.0%
Net Income $-206,130 $-201,048 +0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
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
3
$471,085
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL STRAETER PRESIDENT 1.0
Officer
$0 $23,629 $221,838
JESSE GONZALES SECRETARY 1.0
Officer
$0 $15,895 $141,457
DEBBIE LARA TREASURER 8.0
Officer
$0 $22,660 $107,790
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 $437,438 $643,568 $661,310 $-206,130
2023 $115,114 $316,162 $876,510 $-201,048
2022 $94,169 $539,756 $860,995 $-445,587
2021 $614,376 $599,284 $1,369,120 $15,092
2020 $786,455 $623,462 $1,464,279 $162,993
2019 $778,446 $686,119 $1,346,395 $92,327
2018 $709,737 $618,436 $1,268,151 $91,301
Explore More Nonprofits
Top 100 Nonprofits in California Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare UFCW LOCAL 1442 BUILDING CORPORATION with other nonprofits in California and across the country.