DETROIT, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MICHIGAN PUBLIC EMPLOYEES BENEFIT TRUST C/O AFT MICHIGAN, founded in 2005, is a micro nonprofit that reported $96 in total revenue in fiscal year 2021. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $2.0M exceeded revenue, resulting in a 2074245% operating deficit.
THE ORGANIZATION IS THE SUCCESSOR TO A PREVIOUS ORGANIZATION THAT WAS ESTABLISHED AND OPERATED FOR THE PURPOSE OF PROVIDING HEALTH AND WELFARE BENEFITS TO MEMBERS.
SINCE 2016 AND DURING THE REPORTING PERIOD THE ORGANIZATION DID NOT HAVE ANY MEMBERS AND IT HAD NO ACTIVE BENEFIT PLANS. THE TRUSTEES OF MEMBA AND OF ITS SUCCESSOR PET HAVE CONSIDERED HOW THE...
SINCE 2016 AND DURING THE REPORTING PERIOD THE ORGANIZATION DID NOT HAVE ANY MEMBERS AND IT HAD NO ACTIVE BENEFIT PLANS. THE TRUSTEES OF MEMBA AND OF ITS SUCCESSOR PET HAVE CONSIDERED HOW THE ORGANIZATION COULD CONTINUE TO PROVIDE MEDICAL, LIFE, AND SICKNESS AND ACCIDENT BENEFITS. THE PET BOARD OF TRUSTEES BEGAN DEVELOPING A PLAN FOR TERMINATION OF THE ORGANIZATION AND DISTRIBUTION OF ITS RESIDUAL ASSETS.AS PART OF THE PROCESS TO LIQUIDATE FUNDS AND TERMINATE THE ORGANIZATION, THE ORGANIZATION PRE-PAID ALL REMAINING EXPENSES AND DISBURSED FUNDS TO VARIOUS 501(C)(3) ORGANIZATIONS BASED ON A PREDETERMINED DISTRIBUTION PLAN ADOPTED BY THE BOARD OF TRUSTEES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2021 | 2020 | Change | |
|---|---|---|---|
| Revenue | $96 | $176 | -0.5% |
| Expenses | $1,991,371 | $2,012,659 | 0.0% |
| Net Income | $-1,991,275 | $-2,012,483 | 0.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DAVID HECKER | CHAIRPERSON | 1.00 |
Officer
Director
|
$5,250 | $0 | $5,250 |
| RON BIEBER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DOUGLAS STOCKWELL | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JEREMY TRIPP | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| LAWRENCE ROEHRIG | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2021 | $96 | $1,991,371 | No data | $-1,991,275 |
| 2020 | $176 | $2,012,659 | $2,029,344 | $-2,012,483 |
| 2019 | No data | $176,262 | $4,041,452 | No data |
| 2018 | No data | $162,042 | $4,216,459 | No data |
Compare MICHIGAN PUBLIC EMPLOYEES BENEFIT TRUST C/O AFT MICHIGAN with other nonprofits in Michigan and across the country.