BRICKLAYERS AND ALLIED CRAFTWORKERS LOCAL 2 OF MICHIGAN

EIN: 463778303

WARREN, MI

Total Revenue
$8,108,309
Total Expenses
$5,641,347
Total Assets
$13,434,465
Net Assets
$13,421,253
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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
2013
Legal Domicile
MI
Principal Officer
BRETT GIERAK
Phone
5867540888
Tax Period
2024-10-01 to 2025-09-30

BRICKLAYERS AND ALLIED CRAFTWORKERS LOCAL 2 OF MICHIGAN, founded in 2013, is a community nonprofit that reported $8.1M in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.5M, a strong 30% operating margin.

Mission

THE BRICKLAYERS AND ALLIED CRAFTWORKERS - LOCAL 2 OF MICHIGAN IS CRAFTED FOR THE PURPOSE OF IMPROVING ECONOMIC AND WORKING CONDITIONS OF ITS MEMBERS FOR THE BENEFIT OF THE MEMBERSHIP, INCLUDING BRICKLAYERS, TILES SETTERS, AND CEMENT MASONS THROUGHOUT THE STATE OF MICHIGAN, ON BEHALF OF THE BRICKLAYERS AND ALLIED CRAFTWORKERS LOCAL NO. 2, IN COMPLIANCE WITH THE TAFT-HARTLEY 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 (2024)

Revenue Breakdown

Contributions & Grants $6,581,993
Program Service Revenue $0
Investment Income $1,434,438
Other Revenue $91,878
TOTAL REVENUE $8,108,309

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,544,588
Fundraising Expenses $0
Other Expenses $1,148,225
TOTAL EXPENSES $5,641,347

Year-over-Year Comparison

2024 2023 Change
Revenue $8,108,309 $6,512,199 +0.2%
Expenses $5,641,347 $5,935,871 0.0%
Net Income $2,466,962 $576,328 +3.3%
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

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
4
Independent Members
N/A
Employees
20
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
3
$687,469
Total Directors
3
$687,469
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRETT GIERAK PRESIDENT 54.00
Officer Director
$132,577 $116,120 $248,697
CHAD MORRISON FINANCIAL SE 48.00
Officer Director
$118,168 $106,152 $224,320
SEAN GRIFFIN VICECHAIR PE 46.00
Officer Director
$116,031 $98,421 $214,452
PAUL DUNFORD FORMER PRESI 54.00
$139,865 $0 $139,865
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 $8,108,309 $5,641,347 $13,434,465 $2,466,962
2024 $6,512,199 $5,935,871 $11,276,871 $576,328
2023 $6,379,977 $5,521,827 $10,445,896 $858,150
2022 $5,654,552 $5,573,917 $9,186,419 $80,635
2021 $6,581,774 $5,428,733 $12,776,592 $1,153,041
2020 $5,654,725 $4,588,556 $10,638,168 $1,066,169
2019 $5,395,377 $4,680,242 $12,081,307 $715,135
2018 $6,001,434 $4,380,887 $11,372,459 $1,620,547
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