CARPENTERS FRINGE BENEFIT FUNDS JOINT DELINQUENCY COMMITTEE

EIN: 383345174 Employment

NORTHVILLE, MI

Total Revenue
$1,469,135
Total Expenses
$1,203,295
Total Assets
$647,146
Net Assets
$583,841
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
MI
Principal Officer
MICHAEL BARNWELL
Phone
2483059905
Tax Period
2024-05-01 to 2025-04-30

CARPENTERS FRINGE BENEFIT FUNDS JOINT DELINQUENCY COMMITTEE, founded in 1969, is a community nonprofit in the Employment sector that reported $1.5M in total revenue in fiscal year 2024. The organization ran a surplus of $266K, a strong 18% operating margin.

Mission

THE CARPENTERS FRINGE BENEFIT FUNDS JOINT DELINQUENCY COMMITTEE IS CRAFTED FOR THE PURPOSE OF COLLECTING DELINQUENT FRINGE BENEFIT CONTRIBUTIONS THERETO AND GENERALLY ENFORCING FRINGE BENEFIT PAYMENT OBLIGATIONS BY CONTRIBUTING EMPLOYERS FOR THE REPRESENTATION, ORGANIZING AND BARGAINING OF THE MICHIGAN REGIONAL COUNCIL OF CARPENTERSM IN COMPLIANCE WITH A COLLECTIVELLY BARGAINED AGREEMENT THROUGH THE TAFT-HARTLEY ACT.

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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 $0
Program Service Revenue $1,453,502
Investment Income $15,633
Other Revenue $0
TOTAL REVENUE $1,469,135

Expense Breakdown

Grants Paid $0
Salaries & Benefits $272,897
Fundraising Expenses $0
Program Expenses $1,153,666
Other Expenses $930,398
TOTAL EXPENSES $1,203,295

Year-over-Year Comparison

2024 2023 Change
Revenue $1,469,135 $1,382,824 +0.1%
Expenses $1,203,295 $1,184,085 +0.0%
Net Income $265,840 $198,739 +0.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
6
Employees
2
Volunteers
6

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
2
$318,592
Total Directors
12
$1,627,307
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS LUTZ TRUSTEE 1.00
Director
$0 $118,623 $370,122
MICHAEL BARNWELL CHAIRMAN 1.00
Officer Director
$0 $119,516 $318,592
RICHARD WILLIAMSON TRUSTEE 1.00
Director
$0 $99,090 $249,029
PAUL JEWELL TRUSTEE 1.00
Director
$0 $100,223 $241,306
DAVID PEHRSON TRUSTEE 1.00
$0 $87,562 $226,069
MICHAEL JACKSON JR TRUSTEE 1.00
Director
$0 $87,364 $224,279
MICHAEL G DAVIS JR TRUSTEE 1.00
Director
$0 $87,364 $223,979
SONYA M WINKELMAN COLLECTION C 1.00
Highest
$133,641 $0 $133,641
DAVID DAMICO TRUSTEE 1.00
Director
$0 $0 $0
TODD DOENITZ TRUSTEE 1.00
Director
$0 $0 $0
DAVE ESCHNER TRUSTEE 1.00
Director
$0 $0 $0
ROBERT HALIK SECRETARY 1.00
Officer Director
$0 $0 $0
PHIL VINCENTI TRUSTEE 1.00
Director
$0 $0 $0
THOMAS WOODBECK TRUSTEE 1.00
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
2025 $1,469,135 $1,203,295 $647,146 $265,840
2024 $1,382,824 $1,184,085 $394,765 $198,739
2023 $830,609 $1,090,776 $177,538 $-260,167
2022 $1,295,468 $1,119,135 $412,904 $176,333
2021 $903,262 $1,069,745 $290,971 $-166,483
2020 $979,987 $1,411,648 $494,604 $-431,661
2019 $2,144,200 $1,446,644 $897,699 $697,556
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