Finishing Trades Institute Of The Great Lakes Great Lakes is located in Freeland, MI. As of 12/2016, Finishing Trades Institute Of The Great Lakes Great Lakes employed 4 individuals. Finishing Trades Institute Of The Great Lakes Great Lakes is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2016, Finishing Trades Institute Of The Great Lakes Great Lakes generated $372.4k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $206.1k during the year ending 12/2016. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
THE SCHOOL TRAINS AND EDUCATES INDIVIDUALS TOWARDS A CAREER IN THE PROFESSIONAL TRADES OF DRYWALL FINISHER, GLAZIERS, PAINTERS, HYDRO-BLASTING, AND DEEP CLEANING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL TRAINS AND EDUCATES INDIVIDUALS TOWARDS A CAREER IN THE PROFESSIONAL TRADES OF DRYWALL FINISHER, GLAZIERS, PAINTERS, HYDRO-BLASTING, AND DEEP CLEANING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Gonzalez Trustee - Labor And Co-Chair | Trustee | 2 | $0 |
Robert Burgess Trustee - Management | Trustee | 1 | $0 |
Fred Frederickson Trustee - Labor | Trustee | 1 | $0 |
Tom Niles Trustee - Management And Co-C | Trustee | 2 | $0 |
Scott Avendt Trustee - Management | Trustee | 1 | $0 |
Dominic Logeonelo Trustee - Management | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $361,638 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $10,800 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $372,438 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $84,385 |
Pension plan accruals and contributions | $10,592 |
Other employee benefits | $14,174 |
Payroll taxes | $5,467 |
Fees for services: Management | $0 |
Fees for services: Legal | $907 |
Fees for services: Accounting | $10,885 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $3,250 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $44,212 |
Travel | $1,858 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,422 |
Insurance | $5,018 |
All other expenses | $631 |
Total functional expenses | $206,133 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $462,375 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $31,543 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $2,100 |
Net Land, buildings, and equipment | $65,549 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,900 |
Total assets | $563,467 |
Accounts payable and accrued expenses | $9,668 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $9,668 |
Unrestricted restricted net Assets | $553,799 |
Temporarily restricted net Assets | $0 |
Permanently restricted net Assets or current funds | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total net assets or fund balances | $553,799 |
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