Laborers International Union of North America Local No 261

EIN: 940402185

San Francisco, CA

Total Revenue
$6,163,287
Total Expenses
$6,556,733
Total Assets
$20,091,229
Net Assets
$17,875,659
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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
1916
Legal Domicile
CA
Principal Officer
RAMON HERNANDEZ
Phone
4158264550
Tax Period
2023-01-01 to 2023-12-31

Laborers International Union of North America Local No 261, founded in 1916, is a community nonprofit that reported $6.2M in total revenue in fiscal year 2023. Net assets of $17.9M represent 35 months of operating reserves.

Mission

THE LOCAL UNION ENGAGES IN COLLECTIVE BARGAINING, GRIEVANCE REPRESENTATION AND BENEFITS ADMINISTRATION ON BEHALF OF ITS MEMBERSHIP.

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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 $33,000
Program Service Revenue $5,617,355
Investment Income $138,809
Other Revenue $374,123
TOTAL REVENUE $6,163,287

Expense Breakdown

Grants Paid $148,886
Salaries & Benefits $2,199,183
Fundraising Expenses $0
Other Expenses $4,171,664
TOTAL EXPENSES $6,556,733

Year-over-Year Comparison

2023 2022 Change
Revenue $6,163,287 $6,107,457 +0.0%
Expenses $6,556,733 $5,648,585 +0.2%
Net Income $-393,446 $458,872 -1.9%
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
7
Independent Members
N/A
Employees
32
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
11
$2,693,417
Total Directors
7
$2,672,597
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DE LA TORRE OSCAR RECORDING SECRETARY 2.0
Officer Director
$20,508 $215,488 $779,547
COURTNEY VINCENT J EXECUTIVE BOARD 2.0
Officer Director
$25,000 $156,121 $405,215
HERNANDEZ RAMON BUSINESS MANAGER 45.0
Officer Director
$209,700 $134,507 $371,807
DE LA TORRE DAVID SECRETARY-TREASURER 45.0
Officer Director
$182,396 $140,579 $322,975
VILLALOBOS JOSE DE JESUS PRESIDENT 45.0
Officer Director
$177,821 $139,252 $317,073
FLORES DE ALBA JAVIER VICE PRESIDENT 45.0
Officer Director
$164,448 $121,298 $285,746
FOGLIO THERESA BUSINESS REP/EXECUTIVE BOARD 45.0
Officer Director
$108,185 $82,049 $190,234
MIXON DESHEILA AUDITOR 2.0
Officer
$8,220 $0 $8,220
PEREZ AGUILERA JAVIER AUDITOR 2.0
Officer
$4,800 $0 $4,800
HERNANDEZ DIEGO SERGEANT-AT-ARMS 2.0
Officer
$4,800 $0 $4,800
SAINZ ARTURO SERGEANT-AT-ARMS 2.0
Officer
$3,000 $0 $3,000
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 No data No data No data No data
2023 $6,163,287 $6,556,733 $20,091,229 $-393,446
2022 $6,107,457 $5,648,585 $19,812,798 $458,872
2021 $6,675,176 $5,443,959 $19,976,788 $1,231,217
2020 $6,575,774 $5,488,794 $18,915,082 $1,086,980
2019 $6,817,701 $6,082,965 $18,701,121 $734,736
2018 $7,717,134 $6,101,835 $17,819,194 $1,615,299
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