EMPLOYERS ASSOCIATION OF WEST MICH

EIN: 380860890

MUSKEGON, MI

Total Revenue
$407,178
Total Expenses
$454,912
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1916
Legal Domicile
MI
Principal Officer
LISA SABOURIN
Phone
2317590916
Tax Period
2023-01-01 to 2023-12-31

EMPLOYERS ASSOCIATION OF WEST MICH, founded in 1916, is a small nonprofit that reported $407K in total revenue in fiscal year 2023. Expenses of $455K exceeded revenue, resulting in a 12% operating deficit.

Mission

TO PROVIDE KEY EMPLOYER SERVICES AND INFORMATION IN SUPPORT OF TALENT AND WORKFORCE DEVELOPMENT.

Program Service Accomplishments

Program 1
Expenses: $144,444 Revenue: $181,347

THE ASSOCIATION PROVIDES EFFECTIVE PROGRAMS TO WEST MICHIGAN EMPLOYEES AND ESSENTIAL DEVELOPMENT AND TALENT MANAGEMENT SERVICES TO COMPANIES. ASSOCIATION STAFF WILL HELP IDENTIFY THE SPECIFIC...

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THE ASSOCIATION PROVIDES EFFECTIVE PROGRAMS TO WEST MICHIGAN EMPLOYEES AND ESSENTIAL DEVELOPMENT AND TALENT MANAGEMENT SERVICES TO COMPANIES. ASSOCIATION STAFF WILL HELP IDENTIFY THE SPECIFIC TRAINING NEEDS OF A COMPANY'S WORKFORCE, A DEPARTMENT OR AN INDIVIDUAL. WE ASSIST IN SETTING OBJECTIVES AND DESIGNING A PLAN TO ENSURE SUCCESSFUL, COST EFFECTIVE TRAINING AND DEVELOPMENT FOCUSING ON COMPLIANCE ISSUES, PROFESSIONAL DEVELOPMENT, LEADERSHIP AND SOFT SKILLS TRAINING. WE OFFER A FULL TRAINING SOLUTION INCLUDING: PUBLIC TRAINING, CUSTOMIZED ON SITE TRAINING, WEBINARS AND ONLINE TRAINING LIBRARIES, COACHING, TRAIN THE TRAINER, AND SHARED TRAINING RESOURCES.

Program 2
Expenses: $2,151 Revenue: $24,544

THE ROUNDTABLES PROVIDE AN INFORMAL SETTING FOR GROUPS OF PEERS TO COME TOGETHER AND DISCUSS AREAS OF MUTUAL INTEREST, I.E., BENCHMARK POLICIES AND PROCEDURES; LEGISLATION OR REGULATIONS COMPLIANCE...

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THE ROUNDTABLES PROVIDE AN INFORMAL SETTING FOR GROUPS OF PEERS TO COME TOGETHER AND DISCUSS AREAS OF MUTUAL INTEREST, I.E., BENCHMARK POLICIES AND PROCEDURES; LEGISLATION OR REGULATIONS COMPLIANCE; SHARING OF BEST PRACTICES AND COLLABORATION FOR EFFECTIVENESS AND EFFICIENCY. TOPICS TO BE DISCUSSED AT EACH MEETING ARE SELECTED BY EACH GROUP. FACILITATED BY THE ASSOCIATION STAFF, THE INTERCHANGE MAY USE AN INVITED "EXPERT OR MAY RELY ON PARTICIPANT RESOURCES. NOWHERE ELSE WILL YOU FIND A REGULAR GROUP OF PEERS COMMITTED TO SHARING RESOURCES, BEST PRACTICES AND EXPERIENCES. ROUNDTABLE GROUPS INCLUDE: HUMAN RESOURCES PROFESSIONALS, SAFETY PROFESSIONALS, ENVIRONMENTAL AND ENERGY PROFESSIONALS, TRAINING COORDINATORS AND INSTRUCTORS, BENEFITS PROFESSIONALS, WELLNESS LEADERS, DIVERSITY AND INCLUSION PROFESSIONALS.

Program 3
Expenses: $4,254 Revenue: $7,660

TESTING - EMPLOYERS ASSOCIATION OF WEST MICHIGAN OFFERS TOOLS FOR HIRING, DEVELOPMENT, TRAINING NEEDS ANALYSIS AND SUCCESSION PLANNING. WE HAVE A VARIETY OF VALIDATED TESTS FOR ENTRY LEVEL TO...

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TESTING - EMPLOYERS ASSOCIATION OF WEST MICHIGAN OFFERS TOOLS FOR HIRING, DEVELOPMENT, TRAINING NEEDS ANALYSIS AND SUCCESSION PLANNING. WE HAVE A VARIETY OF VALIDATED TESTS FOR ENTRY LEVEL TO EXECUTIVE CANDIDATES. THE TESTS WE OFFER PROVIDE THOROUGH APPLICANT REPORTS AND INTERVIEW GUIDES; MANAGER REPORTS AND DEVELOPMENT STRATEGIES.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $138,793
Program Service Revenue $260,959
Investment Income $7,426
Other Revenue $0
TOTAL REVENUE $407,178

Expense Breakdown

Grants Paid $0
Salaries & Benefits $178,156
Fundraising Expenses $0
Program Expenses $181,275
Other Expenses $276,756
TOTAL EXPENSES $454,912

Year-over-Year Comparison

2023 2022 Change
Revenue $407,178 $396,073 +0.0%
Expenses $454,912 $379,701 +0.2%
Net Income $-47,734 $16,372 -3.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
4
Volunteers
11

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
5
$89,706
Total Directors
12
$89,706
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LISA SABOURIN SECRETARY/ CEO 40.00
Officer Director
$87,186 $2,520 $89,706
JOHN ESSEX CHAIRPERSON 1.00
Officer Director
$0 $0 $0
MIKE WEESSIES VICE CHAIRPERSON 1.00
Officer Director
$0 $0 $0
KERI MCCARTHY TREASURER 1.00
Officer Director
$0 $0 $0
AARON MAIKE PAST CHAIRPERSON 1.00
Officer Director
$0 $0 $0
ROB DUBAULT DIRECTOR 1.00
Director
$0 $0 $0
DANIELLE SMITH DIRECTOR 1.00
Director
$0 $0 $0
ERIC ERWIN DIRECTOR 1.00
Director
$0 $0 $0
JEANETTE HOYER DIRECTOR 1.00
Director
$0 $0 $0
GENE HYNDE DIRECTOR 1.00
Director
$0 $0 $0
JILLIAN MELOCHE DIRECTOR 1.00
Director
$0 $0 $0
MARL SCHNEIDER DIRECTOR 1.00
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
2023 $407,178 $454,912 No data $-47,734
2022 $396,073 $379,701 $267,674 $16,372
2021 $316,689 $297,737 $277,426 $18,952
2020 $256,014 $242,599 $254,640 $13,415
2019 $324,578 $324,076 $230,361 $502
2018 $320,026 $308,000 $219,023 $12,026
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