MICHIGAN EDUCATION ASSOCIATION

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1914

Legal Domicile

Principal Officer

ERIK EDOFF

Phone

5173326551

Tax Period

2023-09-01 to 2024-08-31

MICHIGAN EDUCATION ASSOCIATION, founded in 1914, is a mid-sized nonprofit that reported $60.0M in total revenue in fiscal year 2023. The organization ran a surplus of $13.1M, a strong 22% operating margin.

Mission

TO PROTECT, ADVOCATE, AND ADVANCE THE RIGHTS OF ALL EDUCATION PROFESSIONALS TO PROMOTE QUALITY PUBLIC EDUCATION FOR ALL STUDENTS.

Program Service Accomplishments

Program 1

79,627 MEMBERS WERE REPRESENTED BY MEA FOR ACTIVITIES RELATED TO THE COLLECTIVE BARGAINING PROCESS AND CONTRACT ADMINISTRATION.

Program 2

APPROXIMATELY 1,668 MEMBERS WERE TRAINED IN A VARIETY OF AREAS, INCLUDING INSTRUCTION, LEADERSHIP, LEGAL ISSUES AND BARGAINING.

Program 3

MEA-R FUND WORKED TO ADVANCE THE CAUSES OF 92,181 RETIRED & PRE-RETIRED MEMBERS.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $57,915,395

Investment Income $1,666,132

Other Revenue $435,408

TOTAL REVENUE $60,016,935

Expense Breakdown

Grants Paid $463,778

Salaries & Benefits $27,843,276

Fundraising Expenses $0

Other Expenses $18,622,378

TOTAL EXPENSES $46,929,432

Year-over-Year Comparison

	2023	2022	Change
Revenue	$60,016,935	$58,246,198	+0.0%
Expenses	$46,929,432	$49,645,635	-0.1%
Net Income	$13,087,503	$8,600,563	+0.5%

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

338

Volunteers

402

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

$763,462

Total Directors

$469,706

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALFONSO SALAIS	BOARD MEMBER	5.00	Director	$0	$0	$0
ANDREA CATALINA	BOARD MEMBER	5.00	Director	$0	$0	$0
BARB SCHRAM	BOARD MEMBER	5.00	Director	$0	$0	$0
BOB CALLENDER	BOARD MEMBER	5.00	Director	$0	$0	$0
BRIAN BOZE	BOARD MEMBER	5.00	Director	$0	$0	$0
CATHY MURRAY	BOARD MEMBER	5.00	Director	$0	$0	$0
ERIC GHIGGIA	BOARD MEMBER	5.00	Director	$0	$0	$0
ERIC KEHRES	BOARD MEMBER	5.00	Director	$0	$0	$0
ERIN MONK	BOARD MEMBER	5.00	Director	$0	$0	$0
GENEVIEVE MINOR	BOARD MEMBER	5.00	Director	$0	$0	$0
GRETA BROCK	BOARD MEMBER	5.00	Director	$0	$0	$0
HEATHER FITCHPATRICK	BOARD MEMBER	5.00	Director	$0	$0	$0
HEATHER SCHULZ	BOARD MEMBER	5.00	Director	$0	$0	$0
HEIDI POSH	BOARD MEMBER	5.00	Director	$0	$0	$0
JASON CICHOWICZ	BOARD MEMBER	5.00	Director	$0	$0	$0
KIM LARGEN	BOARD MEMBER	5.00	Director	$0	$0	$0
JENNIFER SHELITO	BOARD MEMBER	5.00	Director	$0	$0	$0
JIM BROUSSEAU	BOARD MEMBER	5.00	Director	$0	$0	$0
ALLYSON MCBRIDE-CULVER	BOARD MEMBER	5.00	Director	$0	$0	$0
KAREN CHRISTIAN	BOARD MEMBER	5.00	Director	$0	$0	$0
KAY WALKER TELMA	BOARD MEMBER	5.00	Director	$7,700	$0	$7,700
KRISTI CRAIG	BOARD MEMBER	5.00	Director	$0	$0	$0
LANCE LITTLE	BOARD MEMBER	5.00	Director	$0	$0	$0
MARCIA MACKEY	BOARD MEMBER	5.00	Director	$0	$0	$0
MARIUS GRAZULIS	BOARD MEMBER	5.00	Director	$0	$0	$0
MATT GONZALES	BOARD MEMBER	5.00	Director	$0	$0	$0
RICH VANDER KLOK	BOARD MEMBER	5.00	Director	$0	$0	$0
ROY FREEMAN	BOARD MEMBER	5.00	Director	$0	$0	$0
STACEY DANIELS	BOARD MEMBER	5.00	Director	$0	$0	$0
TYLER FRANK	BOARD MEMBER	5.00	Director	$0	$0	$0
ABRIANA WHITE	BOARD MEMBER (ENDED 4/30/24)	5.00	Director	$0	$0	$0
ANTONELLA PICCIRILLI	BOARD MEMBER (ENDED 7/14/24)	5.00	Director	$0	$0	$0
DAWN PIERZ	BOARD MEMBER (ENDED 7/14/24)	5.00	Director	$0	$0	$0
DON HARRIS	BOARD MEMBER (ENDED 7/14/24)	5.00	Director	$0	$0	$0
ERIK BYE	BOARD MEMBER (ENDED 7/14/24)	5.00	Director	$0	$0	$0
EURSLA MOORE-DOYLE	BOARD MEMBER (ENDED 7/14/24)	5.00	Director	$0	$0	$0
EVA MENEFEE	BOARD MEMBER (ENDED 7/14/24)	5.00	Director	$0	$0	$0
LEE HASELSCHWERDT	BOARD MEMBER (ENDED 7/14/24)	5.00	Director	$0	$0	$0
LISA WELCH	BOARD MEMBER (ENDED 7/14/24)	5.00	Director	$0	$0	$0
MARCI LAVALLEY	BOARD MEMBER (ENDED 7/14/24)	5.00	Director	$0	$0	$0
MARTY LEFTWICH	BOARD MEMBER (ENDED 7/14/24)	5.00	Director	$0	$0	$0
REBECCA NEWELL	BOARD MEMBER (ENDED 7/14/24)	5.00	Director	$0	$0	$0
JEFF PIETROWSKI	BOARD MEMBER (ENDED 7/14/24)	5.00	Director	$0	$0	$0
MELISSA TREPPA	BOARD MEMBER (ENDED 7/14/24)	5.00	Director	$0	$0	$0
PERCY BROWN	BOARD MEMBER (ENDED 7/14/24)	5.00	Director	$0	$0	$0
RACHEL FOREMAN	BOARD MEMBER (ENDED 7/14/24)	5.00	Director	$0	$0	$0
RICK MEETH	BOARD MEMBER (ENDED 7/14/24)	5.00	Director	$0	$0	$0
ROBERT GAINES III	BOARD MEMBER (ENDED 7/14/24)	5.00	Director	$0	$0	$0
ROBYN O'KEEFE	BOARD MEMBER (ENDED 7/14/24)	5.00	Director	$0	$0	$0
WENDY WINSTON	BOARD MEMBER (ENDED 7/14/24)	5.00	Director	$0	$0	$0
CHANDRA MADAFFERI	PRESIDENT	40.00	Officer Director	$138,078	$35,475	$173,553
AARON ELING	SECRETARY-TREASURER	40.00	Officer Director	$31,388	$35,475	$66,863
BRETT SMITH	VICE PRESIDENT	40.00	Officer Director	$186,115	$35,475	$221,590
EARL WIMAN	INTERIM EXECUTIVE DIRECTOR	55.00	Officer	$288,105	$13,351	$301,456
JEFFERY KINDINGER	CONTROLLER	55.00	Highest	$193,878	$35,475	$229,353
DOUGLASS PRATT	DIR. OF COMMUN. & PUBLIC ENGAGEMENT	55.00	Highest	$190,724	$35,475	$226,199
KEVIN MARVIN	EASTERN ZONE DIRECTOR	55.00	Highest	$192,084	$14,588	$206,672
SUSAN STROBEL	NORTHERN ZONE DIRECTOR	55.00	Highest	$194,671	$28,135	$222,806
JENNIFER NOWACZOK-MILLER	STAFF RETIREMENT PLAN ADMINISTRATOR	55.00	Highest	$229,082	$34,298	$263,380

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	$60,016,935	$46,929,432	$107,101,710	$13,087,503
2023	$58,246,198	$49,645,635	$95,869,833	$8,600,563
2022	$65,282,983	$35,828,041	$82,619,828	$29,454,942
2021	$59,426,267	$40,798,690	$91,378,134	$18,627,577
2020	$58,995,282	$46,840,887	$80,072,631	$12,154,395
2019	$61,202,535	$60,431,750	$64,323,462	$770,785
2018	$58,512,912	$65,622,691	$56,997,886	$-7,109,779