BLOOMFIELD TOWNSHIP, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)OPERATING ENGINEERS' LOCAL 324 LABOR MANAGEMENT EDUCATION COMMITTEE, founded in 1989, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $439K, a strong 22% operating margin.
THE OPERATING ENGINEERS LOCAL 324 LABOR MANAGEMENT EDUCATION COMMITTEE AIMS TO MAKE MICHIGAN THE PREMIER STATE IN THE UNION AND POSSIBLY THE WORLD TO CONSTRUCT AND MAINTAIN INFRASTRUCTURE AND FACILITIES. WE WILL ACHIEVE THIS MISSION THROUGH EDUCATION, COMMUNICATION, INNOVATION AND DEDICATION TO THE MEMBERS OF OPERATING ENGINEERS LOCAL 324, WHILE CONCURRENTLY STRIVING TO ENHANCE PROGRESSIVE RELATIONSHIPS WITH THE CONTACTORS EMPLOYING THEM AND THE PROJECT OWNERS PROVIDING OPPORTUNITIES FOR THE MEMBERS TO PERFORM THEIR CRAFT.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,982,216 | $1,815,374 | +0.1% |
| Expenses | $1,543,546 | $1,688,853 | -0.1% |
| Net Income | $438,670 | $126,521 | +2.5% |
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 |
|---|---|---|---|---|---|---|
| KENNETH DOMBROW | LABOR TRUSTEE, CHAIRMAN | 2.00 |
Officer
Director
|
$0 | $80,600 | $240,562 |
| LEE GRAHAM | EXECUTIVE DIRECTOR | 45.00 |
Officer
|
$154,471 | $75,550 | $230,021 |
| DOUG STOCKWELL | LABOR TRUSTEE | 2.00 |
Director
|
$0 | $139,566 | $292,657 |
| SCOTT HART | LABOR TRUSTEE, CFO INTL UNION OE | 3.00 |
Officer
Director
|
$0 | $73,745 | $197,653 |
| KEVIN ZIMMERMAN | LABOR TRUSTEE - PART YEAR | 2.00 |
Director
|
$0 | $71,806 | $195,714 |
| BRIAN BERG | LABOR TRUSTEE | 1.00 |
Director
|
$0 | $70,288 | $192,949 |
| ADAM STRONG | DIRECTOR OF COMPLIANCE MONITORING | 40.00 |
Highest
|
$109,510 | $46,217 | $155,727 |
| MATTHEW EVERLY | LABOR TRUSTEE - PART YEAR | 2.00 |
Director
|
$0 | $38,210 | $101,757 |
| JAMES OLEKSINSKI | MGMT TRUSTEE, SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHAD LINABURY | MGMT TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| BRANDIE MEISNER | MGMT TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| TODD SCHRADER | MGMT TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ME WOODBECK | MGMT TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,982,216 | $1,543,546 | $2,725,435 | $438,670 |
| 2024 | $1,815,374 | $1,688,853 | $2,147,544 | $126,521 |
| 2023 | $1,648,613 | $1,888,391 | $2,065,002 | $-239,778 |
| 2022 | $1,448,294 | $1,368,924 | $2,314,670 | $79,370 |
| 2021 | $1,336,278 | $1,089,988 | $2,204,957 | $246,290 |
| 2020 | $1,391,687 | $1,278,063 | $1,953,297 | $113,624 |
| 2019 | $1,346,001 | $1,165,662 | $1,833,732 | $180,339 |
| 2018 | $1,371,088 | $976,558 | $1,649,830 | $394,530 |
Compare OPERATING ENGINEERS' LOCAL 324 LABOR MANAGEMENT EDUCATION COMMITTEE with other nonprofits in Michigan and across the country.