PLATTE LAKE IMPROVEMENT ASSOCIATION

EIN: 382369386 501(c)(3) Community Improvement

HONOR, MI

Total Revenue
$270,202
Total Expenses
$28,629
Total Assets
$522,566
Net Assets
$522,566
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
MI
Principal Officer
WILLIAM ANDERSON
Phone
2318710821
Tax Period
2023-01-01 to 2023-12-31

PLATTE LAKE IMPROVEMENT ASSOCIATION, founded in 1978, is a small nonprofit in the Community Improvement sector that reported $270K in total revenue in fiscal year 2023. The organization ran a surplus of $242K, a strong 89% operating margin.

Mission

TO PRESERVE, PROTECT AND IMPROVE THE PLATTE LAKE ECOSYSTEM.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $260,957
Program Service Revenue $0
Investment Income $7,469
Other Revenue $1,776
TOTAL REVENUE $270,202

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $23,152
Other Expenses $28,629
TOTAL EXPENSES $28,629

Year-over-Year Comparison

2023 2022 Change
Revenue $270,202 N/A N/A
Expenses $28,629 N/A N/A
Net Income $241,573 N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
25

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
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM ANDERSON PRESIDENT 7.00
Officer Director
$0 $0 $0
JOSEPH BUECHEL VICE PRESIDE 3.00
Officer Director
$0 $0 $0
JOHN COLLINS DIRECTOR 4.00
Director
$0 $0 $0
DAVID FUHRHOP TREASURER 3.00
Officer Director
$0 $0 $0
JOHN HARNISH DIRECTOR 2.50
Director
$0 $0 $0
JERRY HEIMAN ASSISTANT SE 4.00
Officer Director
$0 $0 $0
SCOTT JONES DIRECTOR 2.50
Director
$0 $0 $0
DAN MYLER DIRECTOR 2.50
Director
$0 $0 $0
STEPHEN PETERSON DIRECTOR 2.00
Director
$0 $0 $0
PAIGE REED DIRECTOR 2.50
Director
$0 $0 $0
ROSS STEPHENSON SECRETARY 3.00
Officer Director
$0 $0 $0
WILFRED SWIECKI DIRECTOR 6.00
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 $270,202 $28,629 $522,566 $241,573
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare PLATTE LAKE IMPROVEMENT ASSOCIATION with other nonprofits in Michigan and across the country.