IRON WORKERS REGIONAL SHOP LOCAL UNION NO 855

EIN: 932093752 Employment

WHITTIER, CA

Total Revenue
$718,101
Total Expenses
$796,570
Total Assets
$422,666
Net Assets
$421,841
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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
2023
Legal Domicile
CA
Principal Officer
JONATHAN PARAMO
Phone
5626321036
Tax Period
2024-07-01 to 2025-06-30

IRON WORKERS REGIONAL SHOP LOCAL UNION NO 855, founded in 2023, is a small nonprofit in the Employment sector that reported $718K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $797K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO SUPPORT UNION MEMBERS

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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 $641,009
Program Service Revenue $65,071
Investment Income $12,021
Other Revenue $0
TOTAL REVENUE $718,101

Expense Breakdown

Grants Paid $0
Salaries & Benefits $405,351
Fundraising Expenses $0
Program Expenses $772,468
Other Expenses $386,819
TOTAL EXPENSES $796,570

Year-over-Year Comparison

2024 2023 Change
Revenue $718,101 $656,492 +0.1%
Expenses $796,570 $718,127 +0.1%
Net Income $-78,469 $-61,635 +0.3%
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
1
Independent Members
1
Employees
23
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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JONATHAN PARAMO ADMINISTRATOR 40.00
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 $718,101 $796,570 $422,666 $-78,469
2024 $656,492 $718,127 $505,465 $-61,635
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