CARPET LINOLEUM & SOFT TILE WORKERS LOCAL UNION 12

EIN: 943148839

SAN JOSE, CA

Total Revenue
$788,262
Total Expenses
$882,476
Total Assets
$2,434,395
Net Assets
$2,434,395
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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
1993
Legal Domicile
CA
Principal Officer
DAVID BRADFIELD
Phone
4052654911
Tax Period
2024-07-01 to 2025-06-30

CARPET LINOLEUM & SOFT TILE WORKERS LOCAL UNION 12, founded in 1993, is a small nonprofit that reported $788K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $882K exceeded revenue, resulting in a 12% operating deficit.

Mission

TO FOSTER AND ADOPT WAYS AND MEANS FOR THE CONTINUOUS IMPROVEMENT OF THE WORKING AND LIVING STANDARDS OF THE MEMBERS OF THIS UNION; TO SECURE LEGISLATION IN THE INTERESTS OF OUR MEMBERS; TO BRING ABOUT HIGHER WAGES, SHORTER HOURS AND BETTER WORKING CONDITIONS FOR THEM; TO INFLUENCE PUBLIC OPINION BY PEACEFUL AND LEGAL METHODS IN FAVOR OF OUR AFFILIATED ORGANIZATIONS AND ALL ORGANIZED LABOR GENERALLY; TO PROMOTE, ENCOURAGE AND BRING INTO EXISTENCE SATISFACTORY CONTRACTUAL RELATIONSHIPS WITH EMPLOYERS IN THE INDUSTRIES FROM WHICH THE MEMBERS OF OUR AFFILIATES ARE DRAWN; TO ADVANCE AND MAINTAIN BETTER RELATIONS BETWEEN OUR MEMBERS AND THEIR EMPLOYERS; AND TO OTHERWISE ENRICH THE LIVES OF OUR MEMBERS AND THEIR FAMILIES.

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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 $630,828
Investment Income $57,711
Other Revenue $99,723
TOTAL REVENUE $788,262

Expense Breakdown

Grants Paid $264,933
Salaries & Benefits $15,600
Fundraising Expenses $0
Other Expenses $511,743
TOTAL EXPENSES $882,476

Year-over-Year Comparison

2024 2023 Change
Revenue $788,262 $714,241 +0.1%
Expenses $882,476 $705,198 +0.3%
Net Income $-94,214 $9,043 -11.4%
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
5
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
12
$15,700
Total Directors
5
$6,300
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
OMAR LARREA RECORDING SECRETARY 1.0
Officer Director
$3,300 $0 $3,300
SALVADOR DE LA TORRE TRUSTEE 1.0
Officer
$2,400 $0 $2,400
FELIPE AGUILAR TRUSTEE 1.0
Officer
$2,100 $0 $2,100
ERNIE CANCHOLA TREASURER 1.0
Officer Director
$1,800 $0 $1,800
HUGO GUTIERREZ TRUSTEE 1.0
Officer
$1,600 $0 $1,600
OMAR MONTOYA Trustee 1.0
Officer
$1,500 $0 $1,500
DAVID BRADFIELD PRESIDENT 1.0
Officer Director
$1,200 $0 $1,200
DONALD QUIDACHAY WARDEN 1.0
Officer
$1,200 $0 $1,200
PHI HO MEMBER AT LARGE 1.0
Officer
$600 $0 $600
VALERIAN CHESTOHIN VICE PRESIDENT 1.0
Officer Director
$0 $0 $0
DAVID MATHIE FINANCIAL SECRETARY 1.0
Officer Director
$0 $0 $0
MARIO HERRERA TRUSTEE (TERM) 1.0
Officer
$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 $788,262 $882,476 $2,434,395 $-94,214
2024 $714,241 $705,198 $2,482,317 $9,043
2023 $719,842 $610,437 $2,436,975 $109,405
2022 $561,420 $492,820 $2,297,378 $68,600
2021 $811,460 $496,349 $2,333,763 $315,111
2020 $1,143,116 $795,546 $1,938,027 $347,570
2019 $1,073,141 $830,558 $1,607,521 $242,583
2018 $1,036,038 $862,538 $1,350,605 $173,500
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