GUNITE WORKERS UNION LOCAL NO 345 LIUNA

EIN: 950799280

BURBANK, CA

Total Revenue
$1,022,342
Total Expenses
$1,051,455
Total Assets
$2,422,762
Net Assets
$2,422,762
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1934
Legal Domicile
CA
Principal Officer
JAIME PALOS
Phone
8188461303
Tax Period
2024-01-01 to 2024-12-31

GUNITE WORKERS UNION LOCAL NO 345 LIUNA, founded in 1934, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2024. Net assets of $2.4M represent 28 months of operating reserves.

Mission

TO UNITE GUNITE AND SHOTCRETE WORKERS IN A MANNER TO PROMOTE ECONOMIC WELFARE AND WORKING CONDITIONS THROUGH THE COLLECTIVE BARGAINING PROCESS AND RAISE JOB AWARENESS.

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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 $892,700
Investment Income $126,777
Other Revenue $2,865
TOTAL REVENUE $1,022,342

Expense Breakdown

Grants Paid $0
Salaries & Benefits $594,660
Fundraising Expenses $0
Other Expenses $456,795
TOTAL EXPENSES $1,051,455

Year-over-Year Comparison

2024 2023 Change
Revenue $1,022,342 $1,019,792 +0.0%
Expenses $1,051,455 $957,333 +0.1%
Net Income $-29,113 $62,459 -1.5%
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

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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
3
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
$462,087
Total Directors
12
$494,717
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ED LEARN bus mgr./sec'y-treasurer 50.0
Officer Director
$178,878 $82,882 $261,760
AGUSTIN J PALOS President 45.0
Officer Director
$124,354 $67,483 $191,837
LEONARDO RIVERA EXECUTIVE BOARD 1.0
Director
$7,930 $0 $7,930
JONATHAN LUNA EXECUTIVE BOARD 1.0
Director
$6,600 $0 $6,600
PHILLIP ESCOBAR JR SERGEANT AT ARMS 1.0
Director
$6,050 $0 $6,050
FRANCISCO J PALOS EXECUTIVE BOARD 1.0
Director
$6,050 $0 $6,050
CHADNEY BROWN VICE PRESIDENT 1.0
Officer Director
$5,490 $0 $5,490
GABRIEL DIAZ RECORDING SECRETARY 1.0
Officer Director
$3,000 $0 $3,000
JOSE L HERNANDEZ AUDITOR 1.0
Director
$2,200 $0 $2,200
JOSEPH H HERRERA AUDITOR 1.0
Director
$2,000 $0 $2,000
GERARDO MURGUIA AUDITOR 1.0
Director
$1,800 $0 $1,800
LAURO VARGAS EXECUTIVE BOARD - PAST 1.0
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 No data No data No data No data
2024 $1,022,342 $1,051,455 $2,422,762 $-29,113
2023 $1,019,792 $957,333 $2,448,000 $62,459
2022 $1,003,839 $846,064 $2,313,768 $157,775
2021 $1,017,943 $799,903 $2,285,370 $218,040
2020 $983,534 $698,528 $2,016,540 $285,006
2019 $872,069 $764,140 $1,688,844 $107,929
2018 $996,972 $678,451 $1,444,180 $318,521
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