FINISHING TRADES INSTITUTE OF THE GREAT LAKES

EIN: 386353353 501(c)(3) Employment

SOUTHFIELD, MI

Total Revenue
$1,666,385
Total Expenses
$1,166,537
Total Assets
$4,133,017
Net Assets
$4,057,224
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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
1954
Legal Domicile
MI
Principal Officer
GREGORY KAZMIERSKI
Phone
2483583340
Tax Period
2024-06-01 to 2025-05-31

FINISHING TRADES INSTITUTE OF THE GREAT LAKES, founded in 1954, is a community nonprofit in the Employment sector that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $500K, a strong 30% operating margin.

Mission

APPRENTICE TRAINING FOR MEMBERS OF THE PAINTERS UNION DISTRICT COUNCIL 1M.

Program Service Accomplishments

Program 1
Expenses: $859,024 Revenue: $1,183,539

APPRENTICE TRAINING TO MEMBERS OF THE PAINTING AND DRYWALL INDUSTRIES UNION IN THE DETROIT METROPOLITAN AREA AND SURROUNDING COUNTIES.

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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 $436,725
Program Service Revenue $1,183,539
Investment Income $46,121
Other Revenue $0
TOTAL REVENUE $1,666,385

Expense Breakdown

Grants Paid $0
Salaries & Benefits $727,906
Fundraising Expenses $0
Program Expenses $859,024
Other Expenses $431,185
TOTAL EXPENSES $1,166,537

Year-over-Year Comparison

2024 2023 Change
Revenue $1,666,385 $1,373,029 +0.2%
Expenses $1,166,537 $1,076,093 +0.1%
Net Income $499,848 $296,936 +0.7%
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
12
Independent Members
12
Employees
7
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
4
$156,043
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GREGORY KAZMIERSKI ADMINISTRATOR 6.00
Officer
$0 $35,161 $156,043
ROBERT GONZALEZ CHAIRMAN 4.00
Officer Director
$0 $0 $0
DONNA PARDONNET SECRETARY 2.00
Officer Director
$0 $0 $0
MIKE KOVALCHEK TRUSTEE 1.00
Officer Director
$0 $0 $0
ANTHONY PARKEYZ TRUSTEE 1.00
Director
$0 $0 $0
DONALD STEPP TRUSTEE 1.00
Director
$0 $0 $0
FRED FREDERICKSON TRUSTEE 1.00
Director
$0 $0 $0
GEORGE KOKLANARIS TRUSTEE 1.00
Director
$0 $0 $0
JEFF STONE TRUSTEE 1.00
Director
$0 $0 $0
JEREMY HAVILAND TRUSTEE 1.00
Director
$0 $0 $0
ROCKY ACKERMAN TRUSTEE 1.00
Director
$0 $0 $0
SCOTT MISENER TRUSTEE 1.00
Director
$0 $0 $0
SEAN LEWIS 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 $1,666,385 $1,166,537 $4,133,017 $499,848
2024 $1,364,557 $1,075,904 $3,749,813 $288,653
2023 $2,113,983 $891,944 $3,467,107 $1,222,039
2022 $824,381 $691,177 $2,218,319 $133,204
2021 $834,051 $673,913 $2,124,031 $160,138
2019 $795,066 $579,077 $1,742,588 $215,989
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