International Brotherhood of Teamsters Local 948

EIN: 941310598

Visalia, CA

Total Revenue
$3,741,126
Total Expenses
$3,647,443
Total Assets
$1,078,646
Net Assets
$911,100
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1955
Legal Domicile
CA
Principal Officer
LUIS DIAZ
Phone
5596251061
Tax Period
2024-01-01 to 2024-12-31

International Brotherhood of Teamsters Local 948, founded in 1955, is a community nonprofit that reported $3.7M in total revenue in fiscal year 2024.

Mission

LABOR ORGANIZATION PROVDING UNION MEMBERSHIP WITH CONTRACT NEGOTIATION, ARBITRATION AND CONTRACT SUPPORT SERVICES.

Program Service Accomplishments

Program 1

PROMOTED THE WELFARE AND WORKING CONDITIONS OF 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 $0
Program Service Revenue $3,699,520
Investment Income $0
Other Revenue $41,606
TOTAL REVENUE $3,741,126

Expense Breakdown

Grants Paid $7,474
Salaries & Benefits $2,205,133
Fundraising Expenses $0
Other Expenses $1,434,836
TOTAL EXPENSES $3,647,443

Year-over-Year Comparison

2024 2023 Change
Revenue $3,741,126 $3,896,027 0.0%
Expenses $3,647,443 $4,012,263 -0.1%
Net Income $93,683 $-116,236 -1.8%
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
29
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
4
$524,320
Total Directors
7
$652,957
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIM PAROLINI PRESIDENT - EFF. 01/2024 48.0
Officer Director
$122,831 $50,704 $173,535
LUIS DIAZ SECRETARY-TREASURER 48.0
Officer Director
$121,282 $50,704 $171,986
GUADALUPE JUAREZ JR VICE PRESIDENT - EFF. 01/2024 48.0
Officer Director
$116,014 $50,704 $166,718
CHRISTOPHER ZENT BUSINESS AGENT 48.0
Highest
$109,209 $50,704 $159,913
JONATHAN HOGG BUSINESS AGENT 48.0
Highest
$108,759 $50,704 $159,463
ROBERT HOUGH BUSINESS AGENT 48.0
Highest
$108,759 $50,704 $159,463
MARIA RODRIGUEZ TRUSTEE - EFF. 01/2024 48.0
Director
$73,566 $34,484 $108,050
KATHLEEN ALVARADO RECORDING SECRETARY 8.0
Officer Director
$10,602 $1,479 $12,081
JUAN IBARRA TRUSTEE 8.0
Director
$7,810 $2,726 $10,536
GLORIA MONICA VARGAS ESPINOZA TRUSTEE 8.0
Director
$9,055 $996 $10,051
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 $3,741,126 $3,647,443 $1,078,646 $93,683
2023 $3,896,027 $4,012,263 $984,485 $-116,236
2022 $3,787,769 $3,760,831 $1,136,863 $26,938
2021 $3,288,006 $3,371,207 $1,387,985 $-83,201
2020 $2,797,419 $2,735,963 $1,209,806 $61,456
2019 $2,679,233 $2,560,964 $1,180,744 $118,269
2018 $2,639,733 $2,514,654 $1,102,766 $125,079
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