Builders and Remodelers Association of Greater Ann Arbor (EIN 381960309) - Form 990 Financial Analysis & Trantor Score

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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

1973

Legal Domicile

Principal Officer

Andrea Salemi

Phone

7349960100

Tax Period

2024-07-01 to 2025-06-30

Builders and Remodelers Association of Greater Ann Arbor, founded in 1973, is a small nonprofit that reported $747K in total revenue in fiscal year 2024. The organization ran a surplus of $144K, a strong 19% operating margin.

Mission

Educate the Washtenaw County Community on the availability of builders and remodelers through education programs including home tours and other membership trade programs.

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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 (2024)

Revenue Breakdown

Contributions & Grants $153,110

Program Service Revenue $377,361

Investment Income $34,118

Other Revenue $182,642

TOTAL REVENUE $747,231

Expense Breakdown

Grants Paid $0

Salaries & Benefits $244,096

Fundraising Expenses $0

Other Expenses $359,188

TOTAL EXPENSES $603,284

Year-over-Year Comparison

	2024	2023	Change
Revenue	$747,231	$709,083	+0.1%
Expenses	$603,284	$562,022	+0.1%
Net Income	$143,947	$147,061	0.0%

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

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

$133,373

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mark Valchine II	President	0.25	Officer Director	$0	$0	$0
Justin Corry	Vice President	0.25	Officer Director	$0	$0	$0
Steve DeGiuseppe	Past President	0.25	Officer Director	$0	$0	$0
Rick Stites	Secretary	0.25	Officer Director	$0	$0	$0
Jeremy Shaffer	Treasurer	0.25	Officer Director	$0	$0	$0
Bridget Baisch	Director	0.25	Director	$0	$0	$0
Susan Franke	Director	0.25	Director	$0	$0	$0
Ashlee Guerrero	Director	0.25	Director	$0	$0	$0
Jarrod Hendrickson	Director	0.25	Director	$0	$0	$0
Joe Huczek	Director	0.25	Director	$0	$0	$0
Justin Kolic	Director	0.25	Director	$0	$0	$0
Jake Manderfield	Director	0.25	Director	$0	$0	$0
Rob Riemenschneider	Director	0.25	Director	$0	$0	$0
Spencer Roed	Director	0.25	Director	$0	$0	$0
Steve Williams	Director	0.25	Director	$0	$0	$0
Charlie Koenn	Chair	0.25	Director	$0	$0	$0
Kelly Naragon	Chair	0.25	Director	$0	$0	$0
Curtis Manuel	Chair	0.25	Director	$0	$0	$0
James Acheson	Life Director	0.25	Director	$0	$0	$0
Harvey Berman	Life Director	0.25	Director	$0	$0	$0
Jack Campbell	Life Director	0.25	Director	$0	$0	$0
Tom Covert	Life Director	0.25	Director	$0	$0	$0
Patricia Durston	Life Director	0.25	Director	$0	$0	$0
Keith Fineberg	Life Director	0.25	Director	$0	$0	$0
John Fingerle	Life Director	0.25	Director	$0	$0	$0
Diane Gilson	Life Director	0.25	Director	$0	$0	$0
Jay Holland	Life Director	0.25	Director	$0	$0	$0
David Haig	Life Director	0.25	Director	$0	$0	$0
Allan Lutes	Life Director	0.25	Director	$0	$0	$0
Steve Lucchesi	Life Director	0.25	Director	$0	$0	$0
Mike Mahon	Life Director	0.25	Director	$0	$0	$0
Geoff Perkins	Life Director	0.25	Director	$0	$0	$0
Christy Perros	Life Director	0.25	Director	$0	$0	$0
Doug Selby	Life Director	0.25	Director	$0	$0	$0
Andrea Salemi	Executive Officer	40.00	Officer	$112,759	$20,614	$133,373

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	$747,231	$603,284	$1,536,570	$143,947
2024	$709,083	$562,022	$1,233,942	$147,061
2023	$634,975	$631,844	$1,086,843	$3,131
2022	$630,939	$638,110	$1,079,012	$-7,171
2021	$312,021	$544,247	$1,234,102	$-232,226
2020	$384,961	$587,291	$1,358,460	$-202,330
2019	$658,964	$711,152	$1,489,340	$-52,188

Builders and Remodelers Association of Greater Ann Arbor