SOUTHEASTERN MI ELECTRICAL INDUSTRY LABOR MANAGEMENT COOPERATION TRUST

EIN: 383609875 Employment

MADISON HEIGHTS, MI

Total Revenue
$1,296,874
Total Expenses
$1,132,097
Total Assets
$1,435,129
Net Assets
$1,410,817
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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
2001
Legal Domicile
MI
Principal Officer
E CRAIG YOUNG
Phone
5865759200
Tax Period
2024-10-01 to 2025-09-30

SOUTHEASTERN MI ELECTRICAL INDUSTRY LABOR MANAGEMENT COOPERATION TRUST, founded in 2001, is a community nonprofit in the Employment sector that reported $1.3M in total revenue in fiscal year 2024. Expenses of $1.1M left a modest 13% surplus.

Mission

TO IMPROVE AND MAINTAIN COMMUNICATIONS BETWEEN REPRESENTATIVES OF LABOR AND MANAGEMENT; TO ENHANCE THE INVOLVEMENT OF WORKERS IN MAKING DECISIONS THAT AFFECT THEIR WORKING LIVES. TO INCREASE MEMBERSHIP THROUGH ADVERTISING.

Program Service Accomplishments

Program 1

TO IMPROVE AND MAINTAIN COMMUNICATIONS BETWEEN REPRESENTATIVES OF LABOR AND MANAGEMENT; TO ENHANCE THE INVOLVEMENT OF WORKERS IN MAKING DECISIONS THAT AFFECT THEIR WORKING LIVES. THE ORGANIZATION...

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TO IMPROVE AND MAINTAIN COMMUNICATIONS BETWEEN REPRESENTATIVES OF LABOR AND MANAGEMENT; TO ENHANCE THE INVOLVEMENT OF WORKERS IN MAKING DECISIONS THAT AFFECT THEIR WORKING LIVES. THE ORGANIZATION ALSO PAID FOR DRUG TESTING AND TRAINING OF THE LOCAL ELECTRICAL WORKFORCE. IT ALSO DEVELOPED NEW BUSINESS IN THE AREA UTILIZING THE LOCAL MEDIA.

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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 $1,267,406
Investment Income $29,468
Other Revenue $0
TOTAL REVENUE $1,296,874

Expense Breakdown

Grants Paid $0
Salaries & Benefits $88,245
Fundraising Expenses $0
Other Expenses $1,043,852
TOTAL EXPENSES $1,132,097

Year-over-Year Comparison

2024 2023 Change
Revenue $1,296,874 $1,355,195 0.0%
Expenses $1,132,097 $1,445,789 -0.2%
Net Income $164,777 $-90,594 -2.8%
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
N/A
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
0
$0
Total Directors
6
$0
Key Employees
1
$455,124
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
E CRAIG YOUNG BENEFITS DIR 1.00
Key Emp
$0 $55,951 $455,124
MICHELE DAVIS ASS'T BENEFI 1.00
Highest
$0 $55,951 $224,300
JASON HEAD TRUSTEE 1.00
Director
$0 $0 $0
JOHN HILLOCK CHAIRMAN 1.00
Director
$0 $0 $0
STEVEN HUNYADI TRUSTEE 1.00
Director
$0 $0 $0
KIMBERLY L'HEUREUX TRUSTEE 1.00
Director
$0 $0 $0
BYRON OSBERN SECRETARY 1.00
Director
$0 $0 $0
BRIAN WENDLING 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 $1,296,874 $1,132,097 $1,435,129 $164,777
2024 $1,355,195 $1,445,789 $1,240,184 $-90,594
2023 $1,408,440 $1,929,896 $1,270,280 $-521,456
2022 $1,433,801 $954,367 $1,659,379 $479,434
2021 $1,370,096 $647,553 $1,374,866 $722,543
2020 $1,288,987 $958,786 $671,263 $330,201
2019 $1,095,633 $1,455,804 $317,778 $-360,171
2018 $1,316,765 $1,609,683 $676,055 $-292,918
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