LANSING, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MICHIGAN TRUCKING ASSOCIATION INC, founded in 1933, is a small nonprofit that reported $479K in total revenue in fiscal year 2023. Revenue surged 45% from the prior year, signaling strong growth momentum. Expenses of $597K exceeded revenue, resulting in a 25% operating deficit.
TO SERVE THE INTERESTS OF THE TRUCKING INDUSTRY; ENHANCE THE INDUSTRY'S IMAGE, EFFICIENCY, PRODUCTIVITY AND COMPETITIVENESS; PROMOTE HIGHWAY SAFETY; PROVIDE EDUCATIONAL PROGRAMS; AND WORK FOR A HEALTHY BUSINESS ENVIRONMENT.
TRUCK DRIVING CHAMPIONSHIP TO SHOWCASE DRIVING AND SAFETY SKILLS THROUGH DRIVING COMPETITION AND WRITTEN EXAMS; AS WELL AS SUPERTECH MAINTENANCE TECHNICIAN EVENT (95 DRIVERS COMPETED, ABOUT 300...
TRUCK DRIVING CHAMPIONSHIP TO SHOWCASE DRIVING AND SAFETY SKILLS THROUGH DRIVING COMPETITION AND WRITTEN EXAMS; AS WELL AS SUPERTECH MAINTENANCE TECHNICIAN EVENT (95 DRIVERS COMPETED, ABOUT 300 PEOPLE ATTENDED THE SKILLS COMPETITION AND 300 ATTENDED THE BANQUET).
ANNUAL CONVENTION AND CONFERENCE TO SET ASSOCIATION GOALS AND PROGRAMS FOR COMING YEAR, AS WELL AS INDUCT NEW OFFICERS (30 IN ATTENDANCE).
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $478,856 | $330,684 | +0.4% |
| Expenses | $597,130 | $530,657 | +0.1% |
| Net Income | $-118,274 | $-199,973 | -0.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JILL SOKACZ | PRESIDENT & CEO | 40.00 |
Officer
|
$123,693 | $31,458 | $155,151 |
| ANDREW PERDOK | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID MENKE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DONALD QUARLES | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BRIAN BRINK | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CAROL HEINOWSKI | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ASHLEY KORDISH | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT YEAGER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LARRY LARSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TOM HYSONG | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOE OLDENBROEK | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DONALD WILLCUTT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JONATHON CHOWANSKY | BOARD MEMBER (ENDED 01/24) | 1.00 |
Director
|
$0 | $0 | $0 |
| CHERYL LATHWELL | SECRETARY/TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| EVAN STOUTEN | ATA STATE VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| GLEN MERKEL | VICE-PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| EDWARD EBERLE | PAST PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRIAN HITCHCOCK | CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $478,856 | $597,130 | $3,762,196 | $-118,274 |
| 2023 | $330,684 | $530,657 | $3,726,111 | $-199,973 |
| 2022 | $158,897 | $508,895 | $3,853,627 | $-349,998 |
| 2021 | $244,874 | $594,273 | $4,301,393 | $-349,399 |
| 2020 | $256,655 | $615,342 | $4,294,119 | $-358,687 |
| 2019 | $298,932 | $490,882 | $4,687,090 | $-191,950 |
Compare MICHIGAN TRUCKING ASSOCIATION INC with other nonprofits in Michigan and across the country.