MICHIGAN SECTION - AMERICAN WATER WORKS ASSOCIATION

EIN: 386073280 501(c)(3) Public & Societal Benefit

GRAND RAPIDS, MI

Total Revenue
$797,275
Total Expenses
$915,408
Total Assets
$583,967
Net Assets
$333,041
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1938
Legal Domicile
MI
Principal Officer
JAIME FLEMING
Phone
5172922912
Tax Period
2023-01-01 to 2023-12-31

MICHIGAN SECTION - AMERICAN WATER WORKS ASSOCIATION, founded in 1938, is a small nonprofit in the Public & Societal Benefit sector that reported $797K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $915K exceeded revenue, resulting in a 15% operating deficit.

Mission

IMPROVING LIVES THROUGH THE EFFECTIVE MANAGEMENT OF WATER, MICHIGAN'S MOST VITAL RESOURCE.

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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 $223,425
Program Service Revenue $599,820
Investment Income $-44,066
Other Revenue $18,096
TOTAL REVENUE $797,275

Expense Breakdown

Grants Paid $4,000
Salaries & Benefits $381,578
Fundraising Expenses $291
Program Expenses $739,066
Other Expenses $529,830
TOTAL EXPENSES $915,408

Year-over-Year Comparison

2023 2022 Change
Revenue $797,275 $705,484 +0.1%
Expenses $915,408 $867,713 +0.1%
Net Income $-118,133 $-162,229 -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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
6
Volunteers
439

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
$110,007
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BONNIFER BALLARD EXECUTIVE DI 40.00
Officer
$110,007 $0 $110,007
JAMES CASSEL TRUSTEE 1.00
Director
$0 $0 $0
JAIME FLEMING SECRETARY/TR 2.00
Officer Director
$0 $0 $0
ANGIE GOODMAN DIRECTOR 1.00
Director
$0 $0 $0
WAYNE JERNBERG PAST CHAIR 2.00
Officer Director
$0 $0 $0
DOUGLAS SCOTT TRUSTEE 1.00
Director
$0 $0 $0
RICK SOLLE CHAIR ELECT 2.00
Director
$0 $0 $0
LENNY SOLOMON TRUSTEE 1.00
Director
$0 $0 $0
CHRISTINE SPITZLEY ASSOCIATION 2.00
Officer Director
$0 $0 $0
DANIEL SROKA TRUSTEE 1.00
Officer Director
$0 $0 $0
GARY WOZNIAK CHAIR 2.00
Officer Director
$0 $0 $0
MICHELLE ZDRODOWSKI 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
2024 No data No data No data No data
2023 $797,275 $915,408 $583,967 $-118,133
2022 $705,484 $867,713 $575,640 $-162,229
2021 $561,686 $577,585 $769,205 $-15,899
2020 $573,020 $653,184 $647,607 $-80,164
2019 $887,545 $856,332 $907,900 $31,213
2018 $786,925 $743,380 $843,756 $43,545
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