Laborers International Union Of North America is located in Sacramento, CA. The organization was established in 2009. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2023, Laborers International Union Of North America employed 28 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Laborers International Union Of North America is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, Laborers International Union Of North America generated $21.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $15.0m during the year ending 12/2023. While expenses have increased by 4.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Zervas Dir Bus Development | 40 | $214,737 | |
Ralph Velador Coordinator | 40 | $207,290 | |
Joshua Lafarga Dir External Affairs | 40 | $206,856 | |
Monique Toro Marketing Coordinator | 40 | $142,588 | |
Francisco Nunez Organizer | 40 | $142,522 | |
Rocco Davis Chairman - Past | OfficerTrustee | 1 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lozeau Drury Llp Legal Fees | 12/30/23 | $432,442 |
Reich Adell Cvitan Legal Fees | 12/30/23 | $258,009 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,829,967 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,829,967 |
| Total Program Service Revenue | $17,953,988 |
| Investment income | $1,483,002 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$284,525 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,034,732 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,576,518 |
| Pension plan accruals and contributions | $1,353,788 |
| Other employee benefits | $388,167 |
| Payroll taxes | $204,227 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,383,995 |
| Fees for services: Accounting | $52,151 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $287,577 |
| Advertising and promotion | $0 |
| Office expenses | $295,302 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $317,212 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $34,646 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $227,350 |
| All other expenses | $50,000 |
| Total functional expenses | $14,996,381 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,437,034 |
| Savings and temporary cash investments | $43,953,517 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $521,577 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $14,051,051 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $57,570 |
| Net Land, buildings, and equipment | $2,585,758 |
| Investments—publicly traded securities | $16,494,368 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $83,100,875 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,818,519 |
| Total liabilities | $1,818,519 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $81,282,356 |
| Total liabilities and net assets/fund balances | $83,100,875 |