GREAT LAKES ELECTRIC METER CTR INC

EIN: 383185835

LIVONIA, MI

Total Revenue
$156,864
Total Expenses
$139,890
Total Assets
$103,741
Net Assets
$103,741
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
MI
Principal Officer
THOMAS SMITH
Tax Period
2023-01-01 to 2023-12-31

GREAT LAKES ELECTRIC METER CTR INC, founded in 1994, is a small nonprofit that reported $157K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $140K left a modest 11% surplus.

Mission

Organizations Mission or Most Significant Activities, this year, the center provided instruction to students who were meter technicians and engineers, from throughout the Great Lakes region. Presentations were given on both standard and new meter practices and procedures. Industry experts and professional educators provided instruction. The sessions included computer operating systems, basic intermediate and advanced instruction. Meter manufacturers attended to display the latest in meter technology and equipment. Participants had an opportunity for hands on lab integrated into classroom work, as well as open labs in the evening. Meter displays included single-phase and polyphase current transformer rated installation and meter base voltage checks. Other features included single-phase and polyphase meter testing, solid state, hybrids and induction meters. Form 990 - Organizations Mission In 2013, the center provided instruction to students who were meter technicians and engineers, from throughout the great lakes region. Presentations were given on both standard and new meter practices and procedures. Industry experts and professional educators provided instruction. The sessions included computer operating systems, basic intermediate and advanced instruction. Meter manufacturers attended to display the latest in meter technology and equipment. Participants had an opportunity for hands on lab integrated in classroom work, as well as open labs in the evening. Meter displays included single phase and polyphase current transformer rated installation and meter base voltage checks. Other features included single phase and polyphase meter testing, solid state, hybrids and induction meters.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $156,864
Investment Income $0
Other Revenue $0
TOTAL REVENUE $156,864

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $139,890
Other Expenses $139,890
TOTAL EXPENSES $139,890

Year-over-Year Comparison

2023 2022 Change
Revenue $156,864 $142,983 +0.1%
Expenses $139,890 $125,994 +0.1%
Net Income $16,974 $16,989 0.0%
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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Governance

Voting Members
30
Independent Members
30
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
0
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ken Grant Chair 001.00
Director
$0 $0 $0
Kate Miller C0-Chair 001.00
Director
$0 $0 $0
Jeff Miller Past Chair 001.00
Director
$0 $0 $0
Tom Smith Treasurer 001.00
Director
$0 $0 $0
Nick Candler GMO Chair 001.00
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
2024 No data No data No data No data
2023 $156,864 $139,890 $103,741 $16,974
2022 $142,744 $133,929 $87,345 $8,815
2021 $142,983 $125,994 $77,952 $16,989
2020 No data $13,775 $60,963 No data
2019 $160,378 $168,362 $74,738 $-7,984
2018 $151,266 $138,529 $82,722 $12,737
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