Heat & Frost Local 25 Sub Fund

EIN: 237114574

Southfield, MI

Total Revenue
$662,791
Total Expenses
$313,731
Total Assets
$4,417,671
Net Assets
$4,396,976
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
MI
Principal Officer
Bob Wright
Phone
2483521850
Tax Period
2024-06-01 to 2025-05-31

Heat & Frost Local 25 Sub Fund, founded in 1970, is a small nonprofit that reported $663K in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $349K, a strong 53% operating margin.

Mission

Provide unemployment benefits

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $374,264
Investment Income $128,682
Other Revenue $159,845
TOTAL REVENUE $662,791

Expense Breakdown

Grants Paid $0
Salaries & Benefits $64,578
Fundraising Expenses $0
Program Expenses $313,731
Other Expenses $40,233
TOTAL EXPENSES $313,731

Year-over-Year Comparison

2024 2023 Change
Revenue $662,791 $902,157 -0.3%
Expenses $313,731 $152,572 +1.1%
Net Income $349,060 $749,585 -0.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
N/A
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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Constance Vincent Trustee 0.50
Director
$0 $0 $0
Rich Goupille Trustee 0.50
Director
$0 $0 $0
Bob Wright Administrator 0.50
Director
$0 $0 $0
Micha Vincent Trustee 0.50
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 $662,791 $313,731 $4,417,671 $349,060
2024 $902,157 $152,572 $4,055,130 $749,585
2023 $350,476 $189,767 $3,304,289 $160,709
2022 $440,016 $239,441 $3,146,200 $200,575
2021 $840,906 $220,182 $2,941,626 $620,724
Explore More Nonprofits
→Top 100 Nonprofits in Michigan →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Heat & Frost Local 25 Sub Fund with other nonprofits in Michigan and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.