GREAT LAKES REGION ORGANIZING COMMITTEE (EIN 364465366) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

TERRENCE M HEALY

Phone

7736931800

Tax Period

2023-06-01 to 2024-05-31

GREAT LAKES REGION ORGANIZING COMMITTEE, founded in 2001, is a mid-sized nonprofit in the Employment sector that reported $18.6M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $17.5M left a modest 6% surplus.

Mission

LABOR UNION (REGIONAL COMMITTEE)

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $55,000

Program Service Revenue $17,448,198

Investment Income $1,022,227

Other Revenue $68,959

TOTAL REVENUE $18,594,384

Expense Breakdown

Grants Paid $2,152,897

Salaries & Benefits $7,776,296

Fundraising Expenses $0

Other Expenses $7,559,772

TOTAL EXPENSES $17,488,965

Year-over-Year Comparison

	2023	2022	Change
Revenue	$18,594,384	$17,089,940	+0.1%
Expenses	$17,488,965	$17,425,477	+0.0%
Net Income	$1,105,419	$-335,537	-4.3%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRENCE M HEALY	CHAIRMAN	3.00	Officer	$0	$0	$0
JAMES CONNOLLY	SECRETARY-TREASURER	3.00	Officer	$0	$0	$0
JOEL SMITH	VICE CHAIRMAN	3.00	Officer	$0	$0	$0
JOSEPH HEALY	RECORDING SECRETARY	3.00	Officer	$0	$0	$0
GENO ALESSANDRINI	DIRECTOR	3.00	Officer	$0	$0	$0
KENT MILLER	SERGEANT AT ARMS	3.00	Officer	$0	$0	$0
PETER A FOSCO	REGIONAL DIRECTOR	40.00	Highest	$216,359	$128,911	$345,270
JUAN MUNOZ	MARKETING REPRESENTATIVE	40.00	Highest	$142,970	$108,955	$251,925
PAUL PRICE	MARKETING REPRESENTATIVE	40.00	Highest	$143,054	$108,409	$251,463
KEVIN PRANIS	MARKETING MANAGER	40.00	Highest	$153,742	$92,403	$246,145
LEE C CHWALEK	MARKETING MANAGER	40.00	Highest	$157,111	$81,491	$238,602

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	No data	No data	No data	No data
2024	$18,594,384	$17,488,965	$44,479,928	$1,105,419
2023	$17,089,940	$17,425,477	$41,123,384	$-335,537
2022	$17,661,518	$15,918,335	$42,312,837	$1,743,183
2021	$17,184,892	$16,229,227	$43,292,120	$955,665
2020	$18,325,491	$14,039,407	$39,607,036	$4,286,084
2019	$18,228,656	$13,504,685	$34,316,640	$4,723,971

GREAT LAKES REGION ORGANIZING COMMITTEE