LABORERS INTERNATIONAL UNION OF NORTH AMERICA LOCAL 89 (EIN 950866216) - Form 990 Financial Analysis & Trantor Score

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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

1903

Legal Domicile

Principal Officer

VALENTINE MACEDO

Phone

6192636661

Tax Period

2023-01-01 to 2023-12-31

LABORERS INTERNATIONAL UNION OF NORTH AMERICA LOCAL 89, founded in 1903, is a community nonprofit that reported $7.9M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $3.0M, a strong 37% operating margin.

Mission

THE LOCAL'S PRIMARY FUNCTION INCLUDES REPRESENTING MEMBERS IN MATTERS RELATED TO EMPLOYEE-EMPLOYER RELATIONS, INCLUDING, BUT NOT LIMITED TO WAGES, HOURS, AND OTHER TERMS AND CONDITIONS OF EMPLOYMENT, AND, TO PROTECT AND PRESERVE THE UNION AS AN INSTITUTION IN THE PERFORMANCE OF ITS LEGAL AND CONTRACTUAL OBLIGATIONS.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,266

Program Service Revenue $7,342,206

Investment Income $534,365

Other Revenue $5,464

TOTAL REVENUE $7,887,301

Expense Breakdown

Grants Paid $145,404

Salaries & Benefits $2,367,275

Fundraising Expenses $0

Other Expenses $2,418,939

TOTAL EXPENSES $4,935,618

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,887,301	$7,024,971	+0.1%
Expenses	$4,935,618	$4,472,222	+0.1%
Net Income	$2,951,683	$2,552,749	+0.2%

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

Governance

Voting Members

Independent Members

N/A

Employees

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

$818,915

Total Directors

$332,367

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VALENTINE MACEDO	BUS MGR/SEC	40.00	Officer	$297,463	$118,383	$415,846
RICK SMILES	PRESIDENT	4.00	Officer	$7,800	$0	$7,800
CHRISTOPHER BETANCOURT	RECORDING SE	40.00	Officer	$171,606	$78,141	$249,747
BENITO GUERRERO	EXECUTIVE BO	4.00	Director	$7,700	$0	$7,700
DERRICK PHILLIPS	EXECUTIVE BD	40.00	Director	$153,056	$72,670	$225,726
VALENTINE MACEDO JR	VICE PRESIDE	40.00	Officer	$145,522	$0	$145,522
JESUS VELARDE	SERGEANT AT	4.00	Director	$98,941	$0	$98,941

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	$7,887,301	$4,935,618	$19,804,876	$2,951,683
2022	$7,024,971	$4,472,222	$15,567,216	$2,552,749
2021	$6,223,784	$4,060,756	$15,111,814	$2,163,028
2020	$5,582,837	$3,531,469	$12,420,137	$2,051,368
2019	$4,768,694	$3,633,302	$9,586,281	$1,135,392
2018	$4,610,198	$3,359,193	$7,698,426	$1,251,005

LABORERS INTERNATIONAL UNION OF NORTH AMERICA LOCAL 89