WEST MI PLUMBERS FITTERS & SERVICE LOCAL 174 HEALTH & BENEFITS

EIN: 386519330 Mutual Benefit

TROY, MI

Total Revenue
$19,511,021
Total Expenses
$17,233,996
Total Assets
$36,003,621
Net Assets
$9,338,938
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
MI
Principal Officer
RYAN BENNETT
Phone
2486632449
Tax Period
2023-07-01 to 2024-06-30

WEST MI PLUMBERS FITTERS & SERVICE LOCAL 174 HEALTH & BENEFITS, founded in 1983, is a mid-sized nonprofit in the Mutual Benefit sector that reported $19.5M in total revenue in fiscal year 2023. Revenue surged 20% from the prior year, signaling strong growth momentum. Expenses of $17.2M left a modest 12% surplus.

Mission

THE WEST MICHIGAN PLUMBERS 174 HEALTH AND BENEFIT FUND IS CRAFTED FOR THE PURPOSE OF PROVIDING HEALTH AND WELFARE BENEFITS TO ELIGIBLE MEMBERS UNDER A COLLECTIVELY BARGAINED AGREEMENT, ON BALHF OF THE WEST MICHIGAN PLUMBERS 174, IN COMPLIANCE WITH THE TAFT-HARTLEY ACT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $18,369,375
Investment Income $1,115,490
Other Revenue $26,156
TOTAL REVENUE $19,511,021

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $796,628
TOTAL EXPENSES $17,233,996

Year-over-Year Comparison

2023 2022 Change
Revenue $19,511,021 $16,252,147 +0.2%
Expenses $17,233,996 $16,086,424 +0.1%
Net Income $2,277,025 $165,723 +12.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
8
Independent Members
8
Employees
117
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
$211,652
Total Directors
8
$525,227
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RYAN BENNETT BOARD CHAIRM 1.00
Officer Director
$0 $83,239 $211,652
JASON FINCH BOARD TRUSTE 1.00
Director
$0 $80,895 $193,631
JEFFREY RUMSEY BOARD TRUSTE 1.00
Director
$0 $0 $119,944
ALEX HAAN BOARD TRUSTE 1.00
Director
$0 $0 $0
CRAIG VANDER HYDE BOARD SECRET 1.00
Officer Director
$0 $0 $0
AMY JONES BOARD TRUSTE 1.00
Director
$0 $0 $0
MARK MANGIONE BOARD TRUSTE 1.00
Director
$0 $0 $0
JOHN NIC BOARD TRUSTE 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 $19,511,021 $17,233,996 $36,003,621 $2,277,025
2023 $16,252,147 $16,086,424 $32,539,897 $165,723
2022 $15,955,915 $13,245,583 $31,249,769 $2,710,332
2021 $16,338,335 $13,763,066 $31,382,085 $2,575,269
2020 $14,598,764 $13,493,166 $28,260,144 $1,105,598
2019 $15,894,281 $15,717,396 $25,848,805 $176,885
2018 $15,188,354 $14,868,580 $24,834,504 $319,774
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare WEST MI PLUMBERS FITTERS & SERVICE LOCAL 174 HEALTH & BENEFITS with other nonprofits in Michigan and across the country.