SAGINAW COUNTY BUSINESS & EDUCATION PARTNERSHIP INC

EIN: 383337644 501(c)(3) Employment

SAGINAW, MI

Total Revenue
$683,678
Total Expenses
$794,485
Total Assets
$251,277
Net Assets
$137,937
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
MI
Phone
9893990016
Tax Period
2024-01-01 to 2024-12-31

SAGINAW COUNTY BUSINESS & EDUCATION PARTNERSHIP INC, founded in 1997, is a small nonprofit in the Employment sector that reported $684K in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $794K exceeded revenue, resulting in a 16% operating deficit.

Mission

THE MISSION OF THE PARTNERSHIP IS DRIVING WORKFORCE SOLUTIONS THROUGH COMMUNITY PARTNERSHIP. THE PARTNERSHIP PLANS TO ACCOMPLISH ITS MISSION BY FACILITATING ACTIVITIES FOR CAREER PREPARATION, SCHOOL-TO-WORK AND SCHOOL IMPROVEMENT.

Program Service Accomplishments

Program 1
Expenses: $412,208 Revenue: $130,480

THE WORKFORCE DEVELOPMENT AND RETENTION PROGRAM WORKS TO ENSURE THAT ALL SAGINAW COUNTY EMPLOYEES WILL HAVE THE KNOWLEDGE, SKILLS, AND COMPETENCIES THEY NEED TO BE SUCCESSFUL IN THE WORKFORCE. THE...

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THE WORKFORCE DEVELOPMENT AND RETENTION PROGRAM WORKS TO ENSURE THAT ALL SAGINAW COUNTY EMPLOYEES WILL HAVE THE KNOWLEDGE, SKILLS, AND COMPETENCIES THEY NEED TO BE SUCCESSFUL IN THE WORKFORCE. THE PROGRAM ALSO HELPS EMPLOYERS RETAIN CURRENT STAFF BY PROVIDING ASSISTANCE AND RESOURCES TO EMPLOYEES. PROGRAM IS BASED UPON PARTNERSHIP OF BUSINESS COMMUNITIES.

Program 2
Expenses: $40,202

THE COMMUNITY INFORMATION EXCHANGE PROGRAM HELPS TO ADDRESS THE SOCIAL DRIVERS OF HEALTH BY CREATING LOCAL HEALTH HUBS (REFERRED TO AS SDOH). THROUGH THIS PROGRAM PSN IS ONE OF TWO BACKBONE AGENCIES...

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THE COMMUNITY INFORMATION EXCHANGE PROGRAM HELPS TO ADDRESS THE SOCIAL DRIVERS OF HEALTH BY CREATING LOCAL HEALTH HUBS (REFERRED TO AS SDOH). THROUGH THIS PROGRAM PSN IS ONE OF TWO BACKBONE AGENCIES HELPING TO START UP A COMMUNITY INFORMATION EXCHANGE TECHNOLOGY TOOL AND CONNECT COMMUNITY HEALTH WORKERS (CHWS) IN SAGINAW COUNTY.

Program 3
Expenses: $32,850 Revenue: $133,333

COMMUNITY VENTURES IS AN INNOVATIVE ECONOMIC DEVELOPMENT INITIATIVE TO SUPPORT INDIVIDUALS WHO HAVE BEEN UNDER EMPLOYED, OR CHRONICALLY UNEMPLOYED. COORDINATED BY THE TALENT INVESTMENT AGENCY (TIA)...

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COMMUNITY VENTURES IS AN INNOVATIVE ECONOMIC DEVELOPMENT INITIATIVE TO SUPPORT INDIVIDUALS WHO HAVE BEEN UNDER EMPLOYED, OR CHRONICALLY UNEMPLOYED. COORDINATED BY THE TALENT INVESTMENT AGENCY (TIA), THIS INITIATIVE HELPS STRUCTURALLY UNEMPLOYED INDIVIDUALS PURSUE CAREER OPPORTUNITIES IN DETROIT, FLINT, SAGINAW AND PONTIAC.

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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 $419,865
Program Service Revenue $263,813
Investment Income $0
Other Revenue $0
TOTAL REVENUE $683,678

Expense Breakdown

Grants Paid $232,661
Salaries & Benefits $491,763
Fundraising Expenses $0
Program Expenses $485,260
Other Expenses $70,061
TOTAL EXPENSES $794,485

Year-over-Year Comparison

2024 2023 Change
Revenue $683,678 $531,312 +0.3%
Expenses $794,485 $600,509 +0.3%
Net Income $-110,807 $-69,197 +0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
8
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
6
$117,320
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHARON MILLER TRUSTEE 1.00
Director
$0 $0 $0
TANYA BLEHM BOARD SECRETARY 1.00
Officer Director
$0 $0 $0
TRACY WEBER TRUSTEE 1.00
Director
$0 $0 $0
CHRIS VIEAU BOARD CHAIR 1.00
Officer Director
$0 $0 $0
KRIS BERG TRUSTEE 1.00
Director
$0 $0 $0
JULIE MALESKY TRUSTEE 1.00
Director
$0 $0 $0
JESSICA ROLF BOARD TREASURER 2.00
Officer Director
$0 $0 $0
JENNY GENO TRUSTEE 1.00
Director
$0 $0 $0
JEREMY BOCKELMAN BOARD VICE CHAIR 1.00
Officer Director
$0 $0 $0
SAMANTHA JONES EXECUTIVE DIRECTOR (FORMER) 40.00
Officer
$57,514 $0 $57,514
RACHELLE HILLIKER EXECUTIVE DIRECTOR (CURRENT) 40.00
Officer
$59,806 $0 $59,806
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 $683,678 $794,485 $251,277 $-110,807
2023 $531,312 $600,509 $326,497 $-69,197
2022 $486,825 $503,568 $442,164 $-16,743
2021 $286,740 $389,679 $349,630 $-102,939
2020 $589,179 $477,311 $421,123 $111,868
2020 $639,179 $477,311 $471,123 $161,868
2019 $291,029 $459,671 $296,275 $-168,642
2018 $378,689 $475,651 $462,043 $-96,962
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