IRON WORKERS LOCAL 25 LABOR MGMT EDUCATION COMM

EIN: 882525857

Novi, MI

Total Revenue
$1,123,161
Total Expenses
$356,800
Total Assets
$1,004,994
Net Assets
$1,001,536
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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
2022
Legal Domicile
MI
Phone
2483449494
Tax Period
2024-06-01 to 2025-05-31

IRON WORKERS LOCAL 25 LABOR MGMT EDUCATION COMM, founded in 2022, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 175% from the prior year, signaling strong growth momentum. The organization ran a surplus of $766K, a strong 68% operating margin.

Mission

To improve and maintain communications between representatives of labor and management and to provide workers and employers with opportunities to study explore new and innovative joint approaches to achieving organizational effectiveness.

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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 $743,600
Program Service Revenue $378,806
Investment Income $0
Other Revenue $755
TOTAL REVENUE $1,123,161

Expense Breakdown

Grants Paid $0
Salaries & Benefits $229,501
Fundraising Expenses $0
Program Expenses $323,246
Other Expenses $127,299
TOTAL EXPENSES $356,800

Year-over-Year Comparison

2024 2023 Change
Revenue $1,123,161 $408,843 +1.7%
Expenses $356,800 $323,222 +0.1%
Net Income $766,361 $85,621 +8.0%
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
10
Independent Members
10
Employees
2
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
0
$0
Total Directors
11
$0
Key Employees
1
$26,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brad Pierce Labor Specialist 0.00
Highest
$101,204 $0 $101,204
Jenna Munn Social Media Content Creator 0.00
Key Emp
$26,000 $0 $26,000
Scott Panteleo Chairman 5.00
Director
$0 $0 $0
Patrick Bell Trustee 5.00
Director
$0 $0 $0
Joe Gluck Trustee 5.00
Director
$0 $0 $0
Mark Braekevelt Trustee 5.00
Director
$0 $0 $0
Travis Griswold Trustee 5.00
Director
$0 $0 $0
Dennis Aguirre Trustee 5.00
Director
$0 $0 $0
Ben Dodson Trustee 5.00
Director
$0 $0 $0
Matt Rajda Trustee 5.00
Director
$0 $0 $0
Todd Foreman Trustee 5.00
Director
$0 $0 $0
Michael Randick Secretary 5.00
Director
$0 $0 $0
Chad Cox Trustee 0.00
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 $1,123,161 $356,800 $1,004,994 $766,361
2024 $408,843 $323,222 $240,672 $85,621
2023 $309,138 $159,584 $156,270 $149,554
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