COUNCIL OF GREAT LAKES INDUSTRIES

EIN: 382973776

ANN ARBOR, MI

Total Revenue
$213,750
Total Expenses
$194,982
Total Assets
$66,169
Net Assets
$66,101
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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
1990
Legal Domicile
MI
Principal Officer
KATHRYN BUCKNER
Tax Period
2018-01-01 to 2018-12-31

COUNCIL OF GREAT LAKES INDUSTRIES, founded in 1990, is a small nonprofit that reported $214K in total revenue in fiscal year 2018. Expenses of $195K left a modest 9% surplus.

Mission

TO PROMOTE THE ECONOMIC GROWTH AND VITALITY OF THE REGION IN HARMONY WITH ITS HUMAN AND NATURAL RESOURCES (SUSTAINABLE DEVELOPMENT).

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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 (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $213,750
Investment Income $0
Other Revenue $0
TOTAL REVENUE $213,750

Expense Breakdown

Grants Paid $0
Salaries & Benefits $110,263
Fundraising Expenses $5,676
Program Expenses $121,788
Other Expenses $84,719
TOTAL EXPENSES $194,982

Year-over-Year Comparison

2018 2017 Change
Revenue $213,750 $218,167 0.0%
Expenses $194,982 $177,509 +0.1%
Net Income $18,768 $40,658 -0.5%
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
6
Independent Members
6
Employees
1
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
3
$102,200
Total Directors
6
$102,200
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHRYN BUCKNER PRESIDENT 40.00
Officer Director
$102,200 $0 $102,200
GEORGE H KUPER CHAIRMAN 0.50
Officer Director
$0 $0 $0
SKILES W BOYD DIRECTOR 0.50
Director
$0 $0 $0
LINDA HILBERT DIRECTOR/TRE 0.50
Officer Director
$0 $0 $0
BRUCE RAMME DIRECTOR 0.50
Director
$0 $0 $0
EMILIO TENUTA DIRECTOR 0.50
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
2018 $213,750 $194,982 $66,169 $18,768
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