CARPENTERS LABOR MANAGEMENT PARTNERSHIP TEAM

EIN: 386495411

DETROIT, MI

Total Revenue
$461,548
Total Expenses
$153,102
Total Assets
$2,047,757
Net Assets
$2,036,879
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
MI
Principal Officer
THOMAS LUTZ
Phone
2485412740
Tax Period
2023-05-01 to 2024-04-30

CARPENTERS LABOR MANAGEMENT PARTNERSHIP TEAM, founded in 1986, is a small nonprofit that reported $462K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $308K, a strong 67% operating margin.

Mission

THE CARPENTERS LABOR MANAGEMENT PARTNERSHIP TEAM IS CRAFTED FOR THE PURPOSE OF PROMOTING THE INTERSTS OF THE BUILDING TRADES IN THE STATE OF MICHIGAN BY PROVIDING SAFETY TRAINING AND DRUG TESTING TO UNION CARPENTERS FOR THE REPRESENTATION, ORGANIZING, AND BARGAINING OF MICHIGAN REGIONAL COUNCIL OF CARPENTERS, IN COMPLIANCE WITH THE TAFT-HARTLY 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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $428,097
Investment Income $33,451
Other Revenue $0
TOTAL REVENUE $461,548

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $121,035
Other Expenses $82,264
TOTAL EXPENSES $153,102

Year-over-Year Comparison

2023 2022 Change
Revenue $461,548 $379,375 +0.2%
Expenses $153,102 $280,485 -0.5%
Net Income $308,446 $98,890 +2.1%
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
15
Independent Members
8
Employees
N/A
Volunteers
8

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
$372,013
Total Directors
15
$1,670,809
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS LUTZ CO-CHAIRMAN 1.00
Officer Director
$0 $118,623 $372,013
RICHARD WILLIAMSON TRUSTEE 1.00
Director
$0 $96,727 $238,213
DAVID PEHRSON TRUSTEE 1.00
Director
$0 $85,430 $215,194
MICHAEL JACKSON JR TRUSTEE 1.00
Director
$0 $85,430 $214,911
RONALD MARACLE TRUSTEE 1.00
Director
$0 $85,430 $214,711
DAN FERQUERON TRUSTEE 1.00
Director
$0 $85,430 $213,942
JEFF BEAUMONT TRUSTEE 1.00
Director
$0 $82,853 $201,825
JOSH GRAVES TRUSTEE 1.00
Director
$0 $0 $0
JODY HUMPHRIES TRUSTEE 1.00
Director
$0 $0 $0
JIM KRETZ TRUSTEE 1.00
Director
$0 $0 $0
JAMES OLEKSINSKI TRUSTEE 1.00
Director
$0 $0 $0
DONNA PARDONNET TRUSTEE 1.00
Director
$0 $0 $0
BRUCE REEVE CO-CHAIRMAN 1.00
Officer Director
$0 $0 $0
SCOTT RUSSELL TRUSTEE 1.00
Director
$0 $0 $0
SAM VELTRI 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 No data No data No data No data
2024 $461,548 $153,102 $2,047,757 $308,446
2023 $379,375 $280,485 $1,809,541 $98,890
2022 $403,592 $272,735 $1,701,310 $130,857
2021 $356,260 $238,499 $1,560,500 $117,761
2020 $386,164 $233,280 $1,467,970 $152,884
2019 $434,471 $284,853 $1,303,332 $149,618
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