Michigan Council 25 Building Corporation

EIN: 382310118

Lansing, MI

Total Revenue
$51
Total Expenses
$95,161
Total Assets
$751,874
Net Assets
$419,735
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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
1979
Legal Domicile
MI
Principal Officer
Gino Carbenia
Phone
5174875081
Tax Period
2023-01-01 to 2023-12-31

Michigan Council 25 Building Corporation, founded in 1979, is a micro nonprofit that reported $51 in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $95K exceeded revenue, resulting in a 186490% operating deficit.

Mission

Promote welfare of public employees: member services

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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 $0
Program Service Revenue $0
Investment Income $51
Other Revenue $0
TOTAL REVENUE $51

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $95,161
TOTAL EXPENSES $95,161

Year-over-Year Comparison

2023 2022 Change
Revenue $51 $62 -0.2%
Expenses $95,161 $62 +1533.9%
Net Income $-95,110 $0 N/A
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

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Governance

Voting Members
1
Independent Members
1
Employees
N/A
Volunteers
30

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
3
$466,617
Total Directors
29
$4,139
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Caryette Fenner Ended Exec Board 0.50
Director
$0 $0 $0
Christopher Wayne Ended Exec Board 0.50
Director
$0 $0 $0
Keith D Hunter Ended Exec Board 0.50
Director
$0 $0 $1,070
Dennis Moore Ended Exec Board 0.50
Director
$0 $0 $382
Donald Deroche Ended Exec Board 0.50
Director
$0 $0 $0
Donna Cangemi Ended Exec Board 0.50
Director
$0 $0 $0
Dwayne Dolby Ended Exec Board 0.50
Director
$0 $0 $0
David E Brandt Ended Exec Board 0.50
Director
$0 $0 $0
Faith Wormsbacher Ended Exec Board 0.50
Director
$0 $0 $0
Lorna Gale Davison-Smith Ended Exec Board 0.50
Director
$0 $0 $0
Janae Wouldfolk Ended Exec Board 0.50
Director
$0 $0 $0
David Joseph Baker Ended Exec Board 0.50
Director
$0 $0 $0
Milando K Hunter Ended Exec Board 0.50
Director
$0 $0 $1,084
Lois Murray Ended Exec Board 0.50
Director
$0 $0 $217
Tammy Lynne Porter Ended Exec Board 0.50
Director
$0 $0 $0
Cynthia M Spurlock Ended Exec Board 0.50
Director
$0 $0 $154
Mark Curie Ended Exec Board 0.50
Director
$0 $0 $0
Phyllis McMillon Ended Exec Board 0.50
Director
$0 $0 $427
Rob Kortman Ended Exec Board 0.50
Director
$0 $0 $0
Ronald Rook Ended Exec Board 0.50
Director
$0 $0 $0
Samuel Muma Ended Exec Board 0.50
Director
$0 $0 $0
Sarah Derwin Ended Exec Board 0.50
Director
$0 $0 $0
Sharon Syers Ended Exec Board 0.50
Director
$0 $0 $0
Tim Cierchowski Ended Exec Board 0.50
Director
$0 $0 $0
Tim Crispell Ended Exec Board 0.50
Director
$0 $0 $0
Tony Williams Ended Exec Board 0.50
Director
$0 $0 $0
Tracy Carlton Ended Exec Board 0.50
Director
$0 $0 $805
William McGlynn Ended Exec Board 0.50
Director
$0 $0 $0
Gino Carbenia Executive Director 10.00
Officer Director
$0 $0 $0
Lawrence A Roehrig President 10.00
Officer
$0 $26,863 $286,983
Robyn Cheryl Price Secretary-Treasurer 10.00
Officer
$0 $11,416 $179,634
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
2024 No data No data No data No data
2023 $51 $95,161 $751,874 $-95,110
2022 $62 $62 $871,490 No data
2021 $68 $68 $896,465 No data
2020 $84 $84 $921,581 No data
2019 $197 $197 $864,063 No data
2018 $205 $205 $887,743 No data
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