GRAND RAPIDS EMPLOYEES INDEPENDENT UNION

EIN: 382750593

GRAND RAPIDS, MI

Total Revenue
$499,786
Total Expenses
$508,048
Total Assets
$1,079,506
Net Assets
$1,076,290
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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
1987
Legal Domicile
MI
Principal Officer
JEFF BEKE
Phone
6162359727
Tax Period
2024-07-01 to 2025-06-30

GRAND RAPIDS EMPLOYEES INDEPENDENT UNION, founded in 1987, is a small nonprofit that reported $500K in total revenue in fiscal year 2024. Net assets of $1.1M represent 26 months of operating reserves.

Mission

BARGAINING UNIT FOR THE CITY OF GRAND RAPIDS MI MUNICIPAL EMPLOYEES

Program Service Accomplishments

Program 1

THE GRAND RAPIDS EMPLOYEES INDEPENDENT UNION IS SET UP AS THE BARGAINING UNIT OF THE GRAND RAPIDS MI MUNICIPAL EMPLOYEES. THEY RELY ON UNION DUES WITHHELD EACH PAY PERIOD FROM ITS' MEMBERS. 100% OF...

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THE GRAND RAPIDS EMPLOYEES INDEPENDENT UNION IS SET UP AS THE BARGAINING UNIT OF THE GRAND RAPIDS MI MUNICIPAL EMPLOYEES. THEY RELY ON UNION DUES WITHHELD EACH PAY PERIOD FROM ITS' MEMBERS. 100% OF THE REVENUES AND EXPENSES REPORTED IN PARTS VIII AND IX APPLY TO THIS PURPOSE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $460,971
Investment Income $12,979
Other Revenue $25,836
TOTAL REVENUE $499,786

Expense Breakdown

Grants Paid $0
Salaries & Benefits $286,617
Fundraising Expenses $0
Other Expenses $221,431
TOTAL EXPENSES $508,048

Year-over-Year Comparison

2024 2023 Change
Revenue $499,786 $513,708 0.0%
Expenses $508,048 $513,467 0.0%
Net Income $-8,262 $241 -35.3%
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
11
Independent Members
11
Employees
74
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
$21,304
Total Directors
11
$28,792
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF BEKE PRESIDENT 5.00
Officer Director
$5,174 $0 $5,174
JERRY TOOGOOD 1ST VICE PRE N/A
Officer Director
$4,446 $0 $4,446
JACOB VASQUEZ 2ND VICE PRE N/A
Officer Director
$4,196 $0 $4,196
DON POWELL TREASURER N/A
Officer Director
$3,744 $0 $3,744
AMY DECKER SECRETARY N/A
Officer Director
$3,744 $0 $3,744
TODD CARNEVALE SARGENT AT A N/A
Director
$1,560 $0 $1,560
RYAN GROTH MEMBER-AT-LA N/A
Director
$1,326 $0 $1,326
ANDY KOTER MEMBER-AT-LA N/A
Director
$1,326 $0 $1,326
BELINDA MURRAY TRUSTEE N/A
Director
$1,092 $0 $1,092
JESSIE STERLING TRUSTEE N/A
Director
$1,092 $0 $1,092
BECKY BUSS TRUSTEE N/A
Director
$1,092 $0 $1,092
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 $499,786 $508,048 $1,079,506 $-8,262
2024 $513,708 $513,467 $1,105,101 $241
2023 $450,031 $452,524 $1,089,714 $-2,493
2022 $432,900 $320,360 $1,094,977 $112,540
2021 $427,700 $271,982 $974,992 $155,718
2020 $401,614 $345,069 $819,360 $56,545
2019 $380,467 $306,816 $763,845 $73,651
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