LANSING, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MICHIGAN STATEWIDE CARPENTERS AND MILLWRIGHTS JOINT APPR TRAIN FUND, founded in 2014, is a mid-sized nonprofit in the Employment sector that reported $16.6M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $5.5M, a strong 33% operating margin.
TO PROVIDE EDUCATION, TRAINING, AND RELATED BENEFITS TO ELIGIBLE PARTICIPANTS OF THE FUND, THROUGH A TAFT HARTLEY COLLECTIVELY BARGANINED AGREEMENT.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $16,633,988 | $14,479,567 | +0.1% |
| Expenses | $11,118,413 | $9,274,479 | +0.2% |
| Net Income | $5,515,575 | $5,205,088 | +0.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DONNA PARDONNET | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOSH GRAVES | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JIM JUDD | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| COLIN MCLEAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| NICK ROWLEY | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MIKE SHERMAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| HARRY M SOMERSET III | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| BILL WOOLWINE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDREW FRALEY | TRUSTEE - AL | 1.00 |
Director
|
$0 | $0 | $0 |
| PHIL RUFFIN | TRUSTEE - AL | 1.00 |
Director
|
$0 | $0 | $0 |
| PAUL WRZESINSKI | TRUSTEE - AL | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL BARNWELL | CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $119,516 | $318,592 |
| PAUL JEWELL | TRUSTEE | 1.00 |
Director
|
$0 | $100,223 | $240,206 |
| VINCE DAWE | TRUSTEE | 1.00 |
Director
|
$0 | $76,535 | $213,150 |
| MIKE PARRETT | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| KEVIN LUCKE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| THOMAS LUTZ | TRUSTEE | 1.00 |
Director
|
$0 | $118,623 | $370,113 |
| RONALD MARACLE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $138,895 |
| JASON REED | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| RICHARD WILLIAMSON | TRUSTEE - AL | 1.00 |
Director
|
$0 | $99,090 | $249,029 |
| TOD SANDY | STATEWIDE DI | 40.00 |
Officer
Director
|
$173,834 | $104,200 | $278,034 |
| BRIAN KERRIGAN | TRUSTEE | 0.00 |
|
$0 | $78,419 | $221,571 |
| DAVE PEHRSON | TRUSTEE | 0.00 |
|
$0 | $0 | $138,507 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $16,633,988 | $11,118,413 | $48,303,675 | $5,515,575 |
| 2024 | $14,479,567 | $9,274,479 | $51,268,595 | $5,205,088 |
| 2023 | $10,108,775 | $8,891,147 | $49,608,595 | $1,217,628 |
| 2022 | $12,507,573 | $8,621,836 | $50,142,323 | $3,885,737 |
| 2021 | $11,191,955 | $7,198,140 | $41,111,289 | $3,993,815 |
| 2020 | $9,822,311 | $6,524,685 | $21,495,765 | $3,297,626 |
| 2019 | $8,175,743 | $6,216,185 | $13,987,281 | $1,959,558 |
| 2018 | $6,690,710 | $5,212,373 | $8,852,360 | $1,478,337 |
Compare MICHIGAN STATEWIDE CARPENTERS AND MILLWRIGHTS JOINT APPR TRAIN FUND with other nonprofits in Michigan and across the country.