Civic Intelligence

Laborers Training and Re-Training Trust Fund for Southern California

990 • Fiscal year 2022 • EIN 95-2672750

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 09, 2023

1123 Park View Drive Ste 200Covina, CA 91724

(626) 279-3000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

23rd percentile

0.04x

Higher debt load relative to assets than 23% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Liabilities / Revenue

22nd percentile

0.09x

Higher debt load relative to revenue than 22% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Net Margin

19th percentile

-7.1%

Higher net margin than 19% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Top Officer Pay

44th percentile

$231,056

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Asset Growth

38th percentile

-3.2%

Faster asset growth than 38% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Revenue Growth

33rd percentile

-4.7%

Faster revenue growth than 33% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Assets

Down

$45,600,553

Down $1,494,642 (-3.2%) from 2021

Net Assets

Down

$43,694,492

Down $2,267,811 (-4.9%) from 2021

Liabilities

Up

$1,906,061

Up $773,169 (+68%) from 2021

Revenue

Down

$21,614,753

Down $1,071,801 (-4.7%) from 2021

Expenses

Up

$23,141,895

Up $1,911,492 (+9.0%) from 2021

Net Income

Down

-$1,527,142

Down $2,983,293 (-205%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2011: $30,859,484Liabilities 2011: $391,722Net Assets 2011: $30,467,7622011Assets 2012: $30,860,908Liabilities 2012: $525,686Net Assets 2012: $30,335,2222012Assets 2013: $31,657,970Liabilities 2013: $572,536Net Assets 2013: $31,085,4342013Assets 2014: $32,149,507Liabilities 2014: $709,080Net Assets 2014: $31,440,4272014Assets 2015: $32,100,679Liabilities 2015: $644,039Net Assets 2015: $31,456,6402015Assets 2016: $34,104,191Liabilities 2016: $755,286Net Assets 2016: $33,348,9052016Assets 2017: $36,964,451Liabilities 2017: $731,493Net Assets 2017: $36,232,9582017Assets 2018: $37,655,008Liabilities 2018: $988,391Net Assets 2018: $36,666,6172018Assets 2019: $41,115,654Liabilities 2019: $1,021,166Net Assets 2019: $40,094,4882019Assets 2020: $46,381,752Liabilities 2020: $875,333Net Assets 2020: $45,506,4192020Assets 2021: $47,095,195Liabilities 2021: $1,132,892Net Assets 2021: $45,962,3032021Assets 2022: $45,600,553Liabilities 2022: $1,906,061Net Assets 2022: $43,694,4922022Assets 2023: $48,590,301Liabilities 2023: $1,864,186Net Assets 2023: $46,726,1152023Assets 2024: $52,573,676Liabilities 2024: $1,611,134Net Assets 2024: $50,962,5422024

Highlighted filing

2022

Assets$45,600,553
Liabilities$1,906,061
Net Assets$43,694,492

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MRevenue 2011: $10,817,424Expenses 2011: $10,788,065Net Income 2011: $29,3592011Revenue 2012: $10,845,950Expenses 2012: $11,572,298Net Income 2012: -$726,3482012Revenue 2013: $11,522,063Expenses 2013: $11,694,495Net Income 2013: -$172,4322013Revenue 2014: $13,029,827Expenses 2014: $12,618,328Net Income 2014: $411,4992014Revenue 2015: $13,019,106Expenses 2015: $12,641,244Net Income 2015: $377,8622015Revenue 2016: $15,285,960Expenses 2016: $13,213,340Net Income 2016: $2,072,6202016Revenue 2017: $17,488,331Expenses 2017: $14,564,631Net Income 2017: $2,923,7002017Revenue 2018: $17,216,759Expenses 2018: $16,308,930Net Income 2018: $907,8292018Revenue 2019: $20,571,393Expenses 2019: $19,049,787Net Income 2019: $1,521,6062019Revenue 2020: $24,028,902Expenses 2020: $18,439,369Net Income 2020: $5,589,5332020Revenue 2021: $22,686,554Expenses 2021: $21,230,403Net Income 2021: $1,456,1512021Revenue 2022: $21,614,753Expenses 2022: $23,141,895Net Income 2022: -$1,527,1422022Revenue 2023: $24,396,013Expenses 2023: $22,459,477Net Income 2023: $1,936,5362023Revenue 2024: $26,844,703Expenses 2024: $23,086,205Net Income 2024: $3,758,4982024

Highlighted filing

2022

Revenue$21,614,753
Expenses$23,141,895
Net Income-$1,527,142
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 9, 2023
Return Version
2022v5.0
Gross Receipts
$28,218,264
Mission and Program Overview

Mission

Training and retraining construction laborers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$45,962,303$43,694,492▼ $2,267,811
Land, Buildings, and Equipment, Net$17,483,435$18,019,150▲ $535,715
Investments Other Securities$11,857,905$10,711,175▼ $1,146,730
Investments in Publicly Traded Securities$10,537,727$9,932,181▼ $605,546
Accounts Receivable$2,107,765$3,631,552▲ $1,523,787
Savings and Temporary Cash Investments$4,553,628$2,021,584▼ $2,532,044
Cash and Non-Interest-Bearing Accounts$146,355$829,271▲ $682,916
Prepaid Expenses and Deferred Charges$408,380$455,640▲ $47,260
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$47,095,195$45,600,553▼ $1,494,642
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$1,132,892$1,906,061▲ $773,169
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,132,892$1,906,061▲ $773,169
Net Assets / Fund Balance
Total Net Assets Fund Balance$45,962,303$43,694,492▼ $2,267,811
Total Liabilities and Net Assets / Fund Balance$47,095,195$45,600,553▼ $1,494,642

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,490,312$4,864,593$15,354,905
Equipment$1,440,112$3,951,076$5,391,188
Land$4,262,701-$4,262,701
Other Land Buildings$1,138,596$1,641,366$2,779,962
Leasehold Improvements$687,429$694,564$1,382,083
Other Securities$3,573,899--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Scott GordonExecutive DirectorFT$199,044$32,012$231,056
Ryan WinslowInstructorFT$191,433$33,649$225,082
Robert CanalesScheduling Lead/instructorFT$157,560$37,123$194,683
Pablo GarciaInstructorFT$143,998$37,227$181,225
Frederick FurrerManagementFT$138,210$32,084$170,294

Board Members and Trustees

NameTitle
Brandon PensickManagement Trustee
Chuck PossManagement Trustee
David EspinozaManagement Trustee
Erwin MendozaManagement Trustee
George Butorovichmanagement trustee
Jennifer GarciaManagement Trustee
Jim RyanManagement Trustee
Mike RodriguezManagement Trustee
Paul Von BergManagement Trustee
Steve CampbellManagement Trustee
Adrian EsparzaUnion Trustee
Alex ArtiagaUnion Trustee
Anthony MirelesUnion Trustee
Ed LearnUnion Trustee
Hertz RamirezUnion Trustee
Jon P PreciadoUnion Trustee
Jordan BrandmanUnion Trustee
Mario SualesUnion Trustee
Michael DeaUnion Trustee
Peter SantillanUnion Trustee
Sergio RasconUnion Trustee
Val MacedoUnion Trustee

Highest Paid Contractors

ContractorServicesLocationCompensation
reich adell cvitanlegal330 N BRAND BLVD STE 250, Glendale, CA 91203$262,245
Pacific Southwest AdministratorsContract Admin.1055 park view dr ste 111, Covina, CA 91724$143,796
Revenue and Support

Revenue Composition

Contributions and Grants
$453,538
Program Service Revenue
$22,072,409
Investment Income
$-961,790
Other Revenue
$50,596
Change in Net Assets
$-1,527,142

Audited Revenue Reconciliation

Revenue per Audited Statements
$21,614,753
Revenue Not Reported on Form 990
$-740,669
Total Revenue per Audited Statements
$20,874,084
Total Revenue per Form 990
$21,614,753
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$13,734,749
Other Expenses$9,407,146
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$9,473,134$0$0$9,473,134
Pension Plan Contributions$2,256,450$0$0$2,256,450
Occupancy$1,363,241$0$0$1,363,241
Other Employee Benefits$1,268,170$0$0$1,268,170
Depreciation Depletion$1,228,925$0$0$1,228,925
Office Expenses$766,588$0$0$766,588
Payroll Taxes$736,995$0$0$736,995
Other Expenses$707,318$0$0$707,318
Travel$529,202$0$0$529,202
Insurance$506,309$0$0$506,309
Fees for Services Legal$314,474$0$0$314,474
Fees for Services Other$224,623$0$0$224,623
Conferences and Meetings$169,478$0$0$169,478
Fees for Services Accounting$61,071$0$0$61,071
Fees for Service Investment Mgmnt Fees$59,245$0$0$59,245
All Other Expenses$19,888$0$0$19,888
Total Functional Expenses$23,141,895$0$0$23,141,895

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$23,141,895
Total Expenses per Audited Statements$23,141,895
Total Expenses per Form 990$23,141,895
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

PART VI, SECTION A, LINE 8B:

there are no committees who act on behalf of the governing body. the actions of the committees are reviewed and approved by the governing body.

part VI, section A, line 11B:

the trustees are sent a copy of the return, and they review it before signing.

part VI, section C, line 19:

all documents are available at the stated address.

part VII, section A, line 1A:

any trustees' compensation and/or benefits from related tax-exempt organizations is available on those organizations' forms 990.

Filing and Contact Details

Filer

Filer Name
Laborers Training & Retraining Trust
EIN
95-2672750
In Care Of
% ROBERT GLAZA
Phone
6262793000
Address
1123 Park View Drive Ste 200, Covina, CA 91724

Signing Officer

Name
Jon Preciado
Title
Chair
Phone
6262793000
Signed
2023-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Glaza
Formed
1970
Legal Domicile
CA
Voting Board Members
22
Independent Board Members
22
Employees
101
Volunteers
0

Preparer

Firm
Miller Kaplan Arase Llp
Address
4123 LANKERSHIM BLVD, NORTH HOLLYWOOD, CA 91602-2828
Preparer
Gustavo Valle
Phone
8187692010
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the Trust and recognize a tax liability if the Trust has taken a tax position that more likely than not would not be sustained upon examination by a tax authority. The Trust is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

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IRS990/Form990PartVIISectionAGrp/PersonNm3PABLO GARCIA
IRS990/Form990PartVIISectionAGrp/PersonNm4FREDERICK FURRER
IRS990/Form990PartVIISectionAGrp/PersonNm5JORDAN BRANDMAN
IRS990/Form990PartVIISectionAGrp/PersonNm6GEORGE BUTOROVICH
IRS990/Form990PartVIISectionAGrp/PersonNm7STEVE CAMPBELL
IRS990/Form990PartVIISectionAGrp/PersonNm8DAVID ESPINOZA
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IRS990/Form990PartVIISectionAGrp/PersonNm10ERWIN MENDOZA
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IRS990/Form990PartVIISectionAGrp/PersonNm12CHUCK POSS
IRS990/Form990PartVIISectionAGrp/PersonNm13MIKE RODRIGUEZ
IRS990/Form990PartVIISectionAGrp/PersonNm14JIM RYAN
IRS990/Form990PartVIISectionAGrp/PersonNm15PAUL VON BERG
IRS990/Form990PartVIISectionAGrp/PersonNm16ALEX ARTIAGA
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IRS990/Form990PartVIISectionAGrp/PersonNm18ADRIAN ESPARZA
IRS990/Form990PartVIISectionAGrp/PersonNm19ED LEARN
IRS990/Form990PartVIISectionAGrp/PersonNm20VAL MACEDO
IRS990/Form990PartVIISectionAGrp/PersonNm21ANTHONY MIRELES
IRS990/Form990PartVIISectionAGrp/PersonNm22JON P PRECIADO
IRS990/Form990PartVIISectionAGrp/PersonNm23HERTZ RAMIREZ
IRS990/Form990PartVIISectionAGrp/PersonNm24SERGIO RASCON
IRS990/Form990PartVIISectionAGrp/PersonNm25PETER SANTILLAN
IRS990/Form990PartVIISectionAGrp/PersonNm26MARIO SUALES
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1INSTRUCTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SCHEDULING LEAD/INSTRUCTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3INSTRUCTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4MANAGEMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5UNION TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6management trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7MANAGEMENT TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8MANAGEMENT TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9MANAGEMENT TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10MANAGEMENT TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11MANAGEMENT TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12MANAGEMENT TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13MANAGEMENT TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14MANAGEMENT TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15MANAGEMENT TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16UNION TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17UNION TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18UNION TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19UNION TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20UNION TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21UNION TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22UNION TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt23UNION TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt24UNION TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt25UNION TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt26UNION TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01970
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
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IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt06594761
IRS990/LoanOutstandingInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$52.6$1.61$51.0$26.8$23.1$3.76
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$48.6$1.86$46.7$24.4$22.5$1.94
2022Detailed filing. Detailed filing data is available for this year.$45.6$1.91$43.7$21.6$23.1$1.53
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$47.1$1.13$46.0$22.7$21.2$1.46
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$46.4$0.88$45.5$24.0$18.4$5.59
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$41.1$1.02$40.1$20.6$19.0$1.52
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$37.7$0.99$36.7$17.2$16.3$0.91
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$37.0$0.73$36.2$17.5$14.6$2.92
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.1$0.76$33.3$15.3$13.2$2.07
2015Detailed filing. Detailed filing data is available for this year.$32.1$0.64$31.5$13.0$12.6$0.38
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.1$0.71$31.4$13.0$12.6$0.41
2013Summary only. Only limited summary data is available for this year.$31.7$0.57$31.1$11.5$11.7$0.17
2012Summary only. Only limited summary data is available for this year.$30.9$0.53$30.3$10.8$11.6$0.73
2011Summary only. Only limited summary data is available for this year.$30.9$0.39$30.5$10.8$10.8$0.03