Rochester, MI
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)Aerospace Industry Association of Michigan, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $653K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $595K left a modest 9% surplus.
A platform for aerospace leaders in the state to work together on a common set of priorities to strengthen and support the continued growth in the industry through talent attraction and new investment in Michigan
MEMBERSHIP FEES - TO BE THE COLLECTIVE VOICE FOR SMALL, MEDIUM AND RESEARCH AND MARKET ACCESS.THE ASSOCIATION PUBLISHES A DIGITAL MEMBERSHIP DIRECTORY & UPDATES ON A MONTHLY BASIS, MAINTAINS A FULLY...
MEMBERSHIP FEES - TO BE THE COLLECTIVE VOICE FOR SMALL, MEDIUM AND RESEARCH AND MARKET ACCESS.THE ASSOCIATION PUBLISHES A DIGITAL MEMBERSHIP DIRECTORY & UPDATES ON A MONTHLY BASIS, MAINTAINS A FULLY SEARCHABLE DATABASE OF MEMBER CAPABILITIES, HOST MEMBER COMPANY LOGOS AND LINK TO THEIR COMPANY URL ON THE AIAM WEBSITE, ORGANIZES AND EXECUTES MULTIPLE NETWORKING EVENTS THROUGHOUT THE YEAR, UTILIZE RELATIONSHIPS WITH HIGHER EDUCATIONAL INSTITUTIONS FOR TALENT ATTRACTION INITIATIVES, DEVELOP AND DELIVER K-12 PROGRAMS FOCUSED ON STEM EDUCATION.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $652,751 | $528,744 | +0.2% |
| Expenses | $594,522 | $452,115 | +0.3% |
| Net Income | $58,229 | $76,629 | -0.2% |
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| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Tony Vernaci | President | 47.00 |
Officer
|
$214,800 | $0 | $214,800 |
| Tyler Ford | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Matt Eurich | Trustee | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Michael Stratton | Trustee | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Will Dew | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Larry Martin | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Mike Stengel | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Stacy Paul | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Ryan Dean | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Mirko Gamba | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Sara McMurray | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Todd Brassard | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Jeffrey Simek | Trustee | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $652,751 | $594,522 | $210,515 | $58,229 |
| 2022 | $528,744 | $452,115 | $113,749 | $76,629 |
| 2021 | $344,538 | $322,022 | $35,737 | $22,516 |
| 2020 | $278,173 | $285,474 | $12,947 | $-7,301 |
| 2019 | $268,979 | $312,361 | $17,950 | $-43,382 |
| 2018 | $238,490 | $191,281 | $59,793 | $47,209 |
Compare Aerospace Industry Association of Michigan with other nonprofits in Michigan and across the country.