BROADBAND ASSOC OF MICH

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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

Principal Officer

JOELLE M DEMAND

Phone

5174824166

Tax Period

2025-01-01 to 2025-12-31

BROADBAND ASSOC OF MICH is a community nonprofit that reported $1.3M in total revenue in fiscal year 2025. Expenses of $1.5M exceeded revenue, resulting in a 19% operating deficit.

Mission

TO PROVIDE SERVICES, AND CONTINUING EDUCATION TO OUR MEMBERSHIP WHICH IS MADE UP OF COMPANIES AND INDIVIDUALS INVOLVED WITH THE TELECOMMUNICATIONS INDUSTRY.

Program Service Accomplishments

Program 1

Expenses: $1,536,384 Revenue: $1,068,323

COSTS INCURRED IN PURSUIT OF EDUCATION AND INTERACTION WITH THE ORGANIZATION'S 37 MEMBER AND 120 ASSOCIATE MEMBER ENTITIES. PROVIDED SIGNIFICANT SUPPORT ON BEHALF OF MEMBER FIRMS IN VARIOUS...

COSTS INCURRED IN PURSUIT OF EDUCATION AND INTERACTION WITH THE ORGANIZATION'S 37 MEMBER AND 120 ASSOCIATE MEMBER ENTITIES. PROVIDED SIGNIFICANT SUPPORT ON BEHALF OF MEMBER FIRMS IN VARIOUS LEGISLATIVE UNDERTAKINGS. PROVIDE TIMELY UPDATES OF ALL LEGISLATIVE, REPORTING, AND PERSONNEL CHANGES WITHIN THE STATE'S TELECOMMUNICATION INDUSTRY TO ITS MEMBER FIRMS VIA WEEKLY NEWSLETTER FORMAT.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,068,323

Investment Income $48,822

Other Revenue $170,810

TOTAL REVENUE $1,287,955

Expense Breakdown

Grants Paid $0

Salaries & Benefits $891,503

Fundraising Expenses $0

Program Expenses $1,536,384

Other Expenses $644,881

TOTAL EXPENSES $1,536,384

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,287,955	$1,321,688	0.0%
Expenses	$1,536,384	$1,364,975	+0.1%
Net Income	$-248,429	$-43,287	+4.7%

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

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
MICAEL RAMP	GENERAL COUN	N/A	Highest	$197,122	$0	$197,122
SCOTT STEVENSON	FORMER PRESI	N/A	Highest	$180,687	$0	$180,687
JOELLE M DEMAND	PRESIDENT SE	N/A	Highest	$148,951	$0	$148,951
MARK BERNATH	FIRST VICE C	N/A	Director	$0	$0	$0
CHRIS BOGNER	CHAR	N/A	Director	$0	$0	$0
COREY COMPEGNER	DIRECTOR	N/A	Director	$0	$0	$0
BOB EVENSON	DIRECTOR	N/A	Director	$0	$0	$0
DOUG GABRIELSON	DIRECTOR	N/A	Director	$0	$0	$0
JAMES BROGAN III	TREASURER	N/A	Director	$0	$0	$0
KORAY INAL	DIRECTOR	N/A	Director	$0	$0	$0
BARB MAIN	CHAIR	N/A	Director	$0	$0	$0
ROBERT PARISIEN	DIRECTOR	N/A	Director	$0	$0	$0
TERESA SADLER	DIRECTOR	N/A	Director	$0	$0	$0
STEVE SHULTS	SECOND VICE	N/A	Director	$0	$0	$0
RON SIEGEL	DIRECTOR	N/A	Director	$0	$0	$0
PHILIP TRURAN	DIRECTOR	N/A	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	$1,287,955	$1,536,384	$1,268,324	$-248,429
2024	No data	No data	No data	No data
2023	$1,350,696	$1,305,733	$1,398,662	$44,963
2022	$1,107,001	$1,216,185	$1,426,099	$-109,184
2020	$1,189,195	$1,061,505	$1,516,813	$127,690
2019	$1,366,619	$1,161,875	$1,386,180	$204,744
2018	$1,271,825	$1,293,383	$1,168,734	$-21,558