Operative Plasterers & Cement Masons Local No 755

EIN: 951059370

Sherman Oaks, CA

Total Revenue
$590,593
Total Expenses
$597,407
Total Assets
$328,444
Net Assets
$326,832
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1928
Legal Domicile
CA
Principal Officer
Carlo Perez
Phone
8183799711
Tax Period
2024-01-01 to 2024-12-31

Operative Plasterers & Cement Masons Local No 755, founded in 1928, is a small nonprofit that reported $591K in total revenue in fiscal year 2024.

Mission

To improve the work opportunities and working conditions of the plasterers and cement masons within its jurisdictions.

Program Service Accomplishments

Program 1

Program services used to protect members from unjust and injurious competition and to sponsor programs.

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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 $583,785
Investment Income $4,561
Other Revenue $2,247
TOTAL REVENUE $590,593

Expense Breakdown

Grants Paid $0
Salaries & Benefits $359,607
Fundraising Expenses $0
Other Expenses $237,800
TOTAL EXPENSES $597,407

Year-over-Year Comparison

2024 2023 Change
Revenue $590,593 $621,494 0.0%
Expenses $597,407 $728,352 -0.2%
Net Income $-6,814 $-106,858 -0.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
7
Employees
4
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
5
$197,384
Total Directors
10
$197,384
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Carlo Perez BUSINESS MGR 40.00
Officer Director
$165,636 $0 $165,636
Juan Carlos Cortez Business Mgr 40.00
Officer Director
$29,647 $0 $29,647
Luke Adkins Vice President 1.00
Officer Director
$2,101 $0 $2,101
David Cohen President 10.00
Officer Director
$0 $0 $0
Angel Sandoval Recording Sec 1.00
Officer Director
$0 $0 $0
Clay Granger Exec Board 1.00
Director
$0 $0 $0
Michael Watts Exec Board 1.00
Director
$0 $0 $0
Michael Rabbitt Exec Board 1.00
Director
$0 $0 $0
Lexie Rodriguez Exec Board 1.00
Director
$0 $0 $0
TONY COPE EXEC BOARD 0.00
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
2024 No data No data No data No data
2024 $590,593 $597,407 $328,444 $-6,814
2023 $621,494 $728,352 $334,181 $-106,858
2022 $816,610 $719,709 $443,667 $96,901
2021 $742,966 $568,188 $350,094 $174,778
2020 $655,900 $707,870 $175,671 $-51,970
2019 $485,073 $439,170 $222,785 $45,903
2018 $446,300 $431,808 $171,298 $14,492
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