Civic Intelligence

Michigan State AFL-CIO Bldg Corporation

EIN 38-1276085 • 501(c)2 • Lansing, MI

Profile

Title holding corporation to account for the property of the michigan state afl-cio

419 S Washington SqLansing, MI 48933

www.miaflcio.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

98th percentile

5.46x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)2 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

93rd percentile

4.75x

Higher debt load relative to revenue than 93% of similar nonprofits.

501(c)2 • <$500k nonprofits • Source year 2024

Net Margin

13th percentile

-132%

Higher net margin than 13% of similar nonprofits.

501(c)2 • <$500k nonprofits • Source year 2024

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)2 • <$500k nonprofits • Source year 2024

Asset Growth

26th percentile

-66%

Faster asset growth than 26% of similar nonprofits.

501(c)2 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

34th percentile

-18%

Faster revenue growth than 34% of similar nonprofits.

501(c)2 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$66,592

Down $127,041 (-66%) from 2023

Liabilities

Down

$363,284

Down $22,361 (-5.8%) from 2023

Net Assets

Down

-$296,692

Down $104,680 (-55%) from 2023

Revenue

Down

$76,442

Down $17,082 (-18%) from 2023

Expenses

Down

$177,244

Down $2,741 (-1.5%) from 2023

Net Income

Down

-$100,802

Down $14,341 (-17%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0-$500KAssets 2010: $521,900Liabilities 2010: $354,357Net Assets 2010: $167,5432010Assets 2011: $480,648Liabilities 2011: $340,607Net Assets 2011: $140,0412011Assets 2012: $443,221Liabilities 2012: $319,583Net Assets 2012: $123,6382012Assets 2013: $395,931Liabilities 2013: $302,926Net Assets 2013: $93,0052013Assets 2014: $358,079Liabilities 2014: $280,884Net Assets 2014: $77,1952014Assets 2015: $323,724Liabilities 2015: $264,573Net Assets 2015: $59,1512015Assets 2016: $301,587Liabilities 2016: $243,976Net Assets 2016: $57,6112016Assets 2017: $288,283Liabilities 2017: $231,303Net Assets 2017: $56,9802017Assets 2018: $256,765Liabilities 2018: $201,453Net Assets 2018: $55,3122018Assets 2019: $233,282Liabilities 2019: $178,171Net Assets 2019: $55,1112019Assets 2020: $217,737Liabilities 2020: $168,328Net Assets 2020: $49,4092020Assets 2021: $192,309Liabilities 2021: $143,404Net Assets 2021: $48,9052021Assets 2022: $195,810Liabilities 2022: $98,289Net Assets 2022: $97,5212022Assets 2023: $193,633Liabilities 2023: $385,645Net Assets 2023: -$192,0122023Assets 2024: $66,592Liabilities 2024: $363,284Net Assets 2024: -$296,6922024

Highlighted filing

2024

Assets$66,592
Liabilities$363,284
Net Assets-$296,692

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100K-$200KExpenses 2010: $203,3352010Expenses 2011: $205,9072011Revenue 2012: $176,918Expenses 2012: $193,321Net Income 2012: -$16,4032012Revenue 2013: $168,915Expenses 2013: $199,548Net Income 2013: -$30,6332013Revenue 2014: $204,870Expenses 2014: $220,680Net Income 2014: -$15,8102014Revenue 2015: $203,438Expenses 2015: $221,482Net Income 2015: -$18,0442015Revenue 2016: $183,724Expenses 2016: $185,264Net Income 2016: -$1,5402016Revenue 2017: $170,256Expenses 2017: $170,887Net Income 2017: -$6312017Revenue 2018: $162,877Expenses 2018: $164,545Net Income 2018: -$1,6682018Revenue 2019: $230,754Expenses 2019: $230,955Net Income 2019: -$2012019Revenue 2020: $188,416Expenses 2020: $194,118Net Income 2020: -$5,7022020Revenue 2021: $163,637Expenses 2021: $164,141Net Income 2021: -$5042021Revenue 2022: $215,649Expenses 2022: $167,033Net Income 2022: $48,6162022Revenue 2023: $93,524Expenses 2023: $179,985Net Income 2023: -$86,4612023Revenue 2024: $76,442Expenses 2024: $177,244Net Income 2024: -$100,8022024

Highlighted filing

2024

Revenue$76,442
Expenses$177,244
Net Income-$100,802

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$3.63$2.97$0.76$1.77$1.01
2023Detailed filing. Detailed filing data is available for this year.$1.94$3.86$1.92$0.94$1.80$0.86
2022Detailed filing. Detailed filing data is available for this year.$1.96$0.98$0.98$2.16$1.67$0.49
2021Detailed filing. Detailed filing data is available for this year.$1.92$1.43$0.49$1.64$1.64$0.01
2020Detailed filing. Detailed filing data is available for this year.$2.18$1.68$0.49$1.88$1.94$0.06
2019Detailed filing. Detailed filing data is available for this year.$2.33$1.78$0.55$2.31$2.31$0.00
2018Detailed filing. Detailed filing data is available for this year.$2.57$2.01$0.55$1.63$1.65$0.02
2017Detailed filing. Detailed filing data is available for this year.$2.88$2.31$0.57$1.70$1.71$0.01
2016Detailed filing. Detailed filing data is available for this year.$3.02$2.44$0.58$1.84$1.85$0.02
2015Detailed filing. Detailed filing data is available for this year.$3.24$2.65$0.59$2.03$2.21$0.18
2014Detailed filing. Detailed filing data is available for this year.$3.58$2.81$0.77$2.05$2.21$0.16
2013Detailed filing. Detailed filing data is available for this year.$3.96$3.03$0.93$1.69$2.00$0.31
2012Summary only. Only limited summary data is available for this year.$4.43$3.20$1.24$1.77$1.93$0.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.81$3.41$1.40$2.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.22$3.54$1.68$2.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 10, 2025
Return Version
2024v5.2
Gross Receipts
$209,412
Mission and Program Overview

Mission

Title holding corporation to account for the property of the michigan state afl-cio

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$158,892$141,016▼ $17,876
Accounts Receivable$30,823$28,968▼ $1,855
Prepaid Expenses and Deferred Charges-$2,132-
Cash and Non-Interest-Bearing Accounts$3,918$-105,524▼ $109,442
Total Assets$193,633$66,592▼ $127,041
Liabilities
Other Liabilities$333,387$336,484▲ $3,097
Unsecured Notes Loans Payable$52,258$19,798▼ $32,460
Accounts Payable and Accrued Expenses$0$7,002▲ $7,002
Total Liabilities$385,645$363,284▼ $22,361
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-192,012$-296,692▼ $104,680
Total Net Assets Fund Balance$-192,012$-296,692▼ $104,680
Total Liabilities and Net Assets / Fund Balance$193,633$66,592▼ $127,041

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$2,553$828,212$830,765
Buildings$0$723,334$723,334
Land$128,694-$128,694
Equipment$9,769$78,258$88,027
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ron BieberPresident
Drew KellyTrustee
John MichalecTrustee
Terrance MartinTrustee
Daryl NewmanSecretary-treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$76,442
Change in Net Assets
$-100,802
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$177,163
Salaries, Compensation, and Employee Benefits$81
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy---$120,503
Other Expenses---$43,161
Depreciation Depletion---$11,158
Interest---$1,057
Office Expenses---$902
Insurance---$382
Other Employee Benefits---$81
Total Functional Expenses$0$0$0$177,244
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Afl-cio$336,484
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed and approved by the secretary-treasurer and it will be provided to the executive council upon request.

Form 990, Part VI, Section C, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Michigan State Afl-cio Building
EIN
38-1276085
Phone
5174875966
Address
419 S WASHINGTON SQ, LANSING, MI 48933

Signing Officer

Name
Daryl Newman
Title
Secretary-treasurer
Phone
5174875966
Signed
2025-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daryl Newman
Formed
1988
Legal Domicile
Mi
Voting Board Members
5
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Maner Costerisan Pc
Address
2425 E GRAND RIVER SUITE 1, LANSING, MI 48912-3291
Preparer
Brandy L Mikula CPA
Phone
5173237500
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 8

The prior year form 990 was filed with the financial information available at that time and a prior period adjustment was made then that has not been resolved in the current year, resulting in a prior period adjustment on the current year return.

Financial Statement Notes

PART X, LINE 2:

The association evaluated all significant tax positions under a more likely than not threshold as required by u.s. Gaap. As of december 31, 2024 and 2023, the association does not believe that it has taken any tax positions that would require the recording of any additional tax liability nor does it believe that there are any unrealized tax benefits that would either increase or decrease within the next twelve months. The association's income tax returns are subject to examination by the appropriate taxing jurisdictions. At december 31, 2024 and 2023, the association's federal tax returns generally remain open for the last three years.

Raw XML Appendix346 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION EVALUATED ALL SIGNIFICANT TAX POSITIONS UNDER A MORE LIKELY THAN NOT THRESHOLD AS REQUIRED BY U.S. GAAP. AS OF DECEMBER 31, 2024 AND 2023, THE ASSOCIATION DOES NOT BELIEVE THAT IT HAS TAKEN ANY TAX POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY NOR DOES IT BELIEVE THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE WITHIN THE NEXT TWELVE MONTHS. THE ASSOCIATION'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE APPROPRIATE TAXING JURISDICTIONS. AT DECEMBER 31, 2024 AND 2023, THE ASSOCIATION'S FEDERAL TAX RETURNS GENERALLY REMAIN OPEN FOR THE LAST THREE YEARS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED AND APPROVED BY THE SECRETARY-TREASURER AND IT WILL BE PROVIDED TO THE EXECUTIVE COUNCIL UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PRIOR YEAR FORM 990 WAS FILED WITH THE FINANCIAL INFORMATION AVAILABLE AT THAT TIME AND A PRIOR PERIOD ADJUSTMENT WAS MADE THEN THAT HAS NOT BEEN RESOLVED IN THE CURRENT YEAR, RESULTING IN A PRIOR PERIOD ADJUSTMENT ON THE CURRENT YEAR RETURN.
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRANDY L MIKULA CPA
ReturnHeader/ReturnTs02025-11-17T14:18:21-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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