MICHIGAN CENTER FOR CONSTRUCTION EDUCATION & RESEARCH TRUST AGREEMENT

EIN: 386680405 501(c)(3) Education

MIDLAND, MI

Total Revenue
$2,014,868
Total Expenses
$1,839,773
Total Assets
$3,623,389
Net Assets
$3,126,016
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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
1996
Legal Domicile
MI
Principal Officer
STEPHANIE GREENE
Phone
9898328879
Tax Period
2024-01-01 to 2024-12-31

MICHIGAN CENTER FOR CONSTRUCTION EDUCATION & RESEARCH TRUST AGREEMENT, founded in 1996, is a community nonprofit in the Education sector that reported $2.0M in total revenue in fiscal year 2024. Revenue fell 57% from the prior year — a significant decline worth monitoring. Expenses of $1.8M left a modest 9% surplus.

Mission

TO EDUCATE AND DEVELOP WORKPLACE SKILLS WHILE PROMOTING THE CONSTRUCTION INDUSTRY AS A CAREER CHOICE.

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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 $271,124
Program Service Revenue $1,668,500
Investment Income $2,135
Other Revenue $73,109
TOTAL REVENUE $2,014,868

Expense Breakdown

Grants Paid $0
Salaries & Benefits $994,813
Fundraising Expenses $0
Program Expenses $1,682,860
Other Expenses $844,960
TOTAL EXPENSES $1,839,773

Year-over-Year Comparison

2024 2023 Change
Revenue $2,014,868 $4,682,462 -0.6%
Expenses $1,839,773 $1,887,562 0.0%
Net Income $175,095 $2,794,900 -0.9%
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
11
Independent Members
10
Employees
72
Volunteers
10

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
5
$141,119
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVE MOLLITOR TREASURER 1.00
Officer Director
$0 $0 $0
TRAVIS FINNEY VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
JEFF KIPFMILLER CHAIRMAN 1.00
Officer Director
$0 $0 $0
FRANK PYTLOWANY SECRETARY 1.00
Officer Director
$0 $0 $0
DAN KOZAKIEWICZ DIRECTOR 1.00
Director
$0 $0 $0
JOE LACROSS DIRECTOR 1.00
Director
$0 $0 $0
ERICK FORSHEE DIRECTOR 1.00
Director
$0 $0 $0
JUDD TANZINI DIRECTOR 1.00
Director
$0 $0 $0
BRIAN STADLER DIRECTOR 1.00
Director
$0 $0 $0
ANDY BELL DIRECTOR 1.00
Director
$0 $0 $0
STEPHANIE GREENE PRESIDENT & CEO 1.00
Officer
$134,769 $6,350 $141,119
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 $2,014,868 $1,839,773 $3,623,389 $175,095
2023 $4,682,462 $1,887,562 $3,506,650 $2,794,900
2022 $1,477,908 $1,658,102 $676,176 $-180,194
2021 $1,585,929 $1,604,136 $615,802 $-18,207
2020 $1,720,962 $1,531,197 $661,027 $189,765
2019 $1,678,370 $1,759,242 $746,407 $-80,872
2018 $1,375,368 $1,650,321 $579,900 $-274,953
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