DISTRIBUTORS COUNCIL INC C/O SA MORMAN & CO

EIN: 382449673 Community Improvement

GRAND RAPIDS, MI

Total Revenue
$377,860
Total Expenses
$365,714
Total Assets
$195,479
Net Assets
$188,968
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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
MI
Principal Officer
JASON RUUD
Phone
6162451288
Tax Period
2025-01-01 to 2025-12-31

DISTRIBUTORS COUNCIL INC C/O SA MORMAN & CO, founded in 1973, is a small nonprofit in the Community Improvement sector that reported $378K in total revenue in fiscal year 2025. Expenses of $366K left a modest 3% surplus.

Mission

TO PROMOTE THE EXCHANGE OF IDEAS AND NETWORKING FOR MEMBERS IN THE CONSTRUCTION INDUSTRY.

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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 (2025)

Revenue Breakdown

Contributions & Grants $376,900
Program Service Revenue $0
Investment Income $960
Other Revenue $0
TOTAL REVENUE $377,860

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $365,714
Other Expenses $365,714
TOTAL EXPENSES $365,714

Year-over-Year Comparison

2025 2024 Change
Revenue $377,860 $372,332 +0.0%
Expenses $365,714 $358,903 +0.0%
Net Income $12,146 $13,429 -0.1%
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
5
Independent Members
5
Employees
N/A
Volunteers
N/A

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
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TANNER SPEARS PRESIDENT 2.00
Officer Director
$0 $0 $0
BILL TRIMBLE PAST PRESIDENT 2.00
Officer Director
$0 $0 $0
KATIE THORNTON VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
JASON RUUD TREASURER 2.00
Officer Director
$0 $0 $0
REECE HAM SECRETARY 2.00
Officer 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
2025 $377,860 $365,714 $195,479 $12,146
2024 $372,332 $358,903 $176,822 $13,429
2023 $274,295 $261,315 $163,693 $12,980
2022 $234,299 $219,814 $150,413 $14,485
2021 $213,309 $201,709 $136,228 $11,600
2020 $36,669 $20,735 $178,916 $15,934
2019 $200,850 $213,106 $108,394 $-12,256
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