Civic Intelligence

Peckham Vocational Industries Inc DBA Peckham Inc

EIN 38-2322117 • 501(c)3 • Lansing, MI

View Organization Page

Profile

To provide vocational rehabilitation services to persons with disabilities and other barriers to employment which will assist them in achieving their maximum level of vocational, economic and social development.

3510 Capital City BlvdLansing, MI 48906-2102

www.peckham.org

Siviq Scores

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

Liabilities / Assets

50th percentile

0.29x

Higher debt load relative to assets than 50% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2025

Liabilities / Revenue

36th percentile

0.32x

Higher debt load relative to revenue than 36% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2025

Net Margin

50th percentile

4.2%

Higher net margin than 50% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2025

Top Officer Pay

37th percentile

$631,160

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

501(c)3 • $250M-$1B nonprofits • Source year 2025

Asset Growth

67th percentile

9.6%

Faster asset growth than 67% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2024 to 2025

Revenue Growth

9th percentile

-14%

Faster revenue growth than 9% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets50th percentile

Assets

Up

$338,533,292

Up $29,611,347 (+9.6%) from 2024

Liabilities

Up

$98,539,420

Up $9,913,744 (+11%) from 2024

Net Assets

Up

$239,993,872

Up $19,697,603 (+8.9%) from 2024

Operations
Liabilities / Revenue36th percentileNet Margin50th percentile

Revenue

Down

$310,240,247

Down $49,676,056 (-14%) from 2024

Expenses

Down

$297,364,508

Down $34,570,935 (-10%) from 2024

Net Income

Down

$12,875,739

Down $15,105,121 (-54%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth67th percentile

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

$400M$300M$200M$100M$0Assets 2010: $111,461,707Liabilities 2010: $25,502,665Net Assets 2010: $85,959,0422010Assets 2011: $124,213,080Liabilities 2011: $22,466,817Net Assets 2011: $101,746,2632011Assets 2012: $124,989,025Liabilities 2012: $17,000,919Net Assets 2012: $107,988,1062012Assets 2013: $123,262,103Liabilities 2013: $16,055,003Net Assets 2013: $107,207,1002013Assets 2014: $132,057,587Liabilities 2014: $21,243,562Net Assets 2014: $110,814,0252014Assets 2015: $142,601,684Liabilities 2015: $29,419,373Net Assets 2015: $113,182,3112015Assets 2016: $159,397,553Liabilities 2016: $40,795,190Net Assets 2016: $118,602,3632016Assets 2017: $154,671,061Liabilities 2017: $31,310,472Net Assets 2017: $123,360,5892017Assets 2018: $160,663,087Liabilities 2018: $31,062,102Net Assets 2018: $129,600,9852018Assets 2019: $174,372,394Liabilities 2019: $28,235,092Net Assets 2019: $146,137,3022019Assets 2020: $179,533,678Liabilities 2020: $28,499,077Net Assets 2020: $151,034,6012020Assets 2021: $197,555,877Liabilities 2021: $27,625,517Net Assets 2021: $169,930,3602021Assets 2022: $198,301,037Liabilities 2022: $25,615,648Net Assets 2022: $172,685,3892022Assets 2023: $222,440,613Liabilities 2023: $41,386,143Net Assets 2023: $181,054,4702023Assets 2024: $308,921,945Liabilities 2024: $88,625,676Net Assets 2024: $220,296,2692024Assets 2025: $338,533,292Liabilities 2025: $98,539,420Net Assets 2025: $239,993,8722025

Highlighted filing

2025

Assets$338,533,292
Liabilities$98,539,420
Net Assets$239,993,872
Open 2025 Filing

Operations Trend

Revenue Growth9th percentile

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

$400M$300M$200M$100M$0-$100MExpenses 2010: $184,737,6842010Expenses 2011: $207,040,3832011Expenses 2012: $158,533,3462012Revenue 2013: $129,066,964Expenses 2013: $131,958,008Net Income 2013: -$2,891,0442013Revenue 2014: $142,748,760Expenses 2014: $140,816,948Net Income 2014: $1,931,8122014Revenue 2015: $165,357,956Expenses 2015: $159,706,164Net Income 2015: $5,651,7922015Revenue 2016: $187,512,726Expenses 2016: $184,460,417Net Income 2016: $3,052,3092016Revenue 2017: $196,176,660Expenses 2017: $193,977,816Net Income 2017: $2,198,8442017Revenue 2018: $213,286,155Expenses 2018: $208,054,778Net Income 2018: $5,231,3772018Revenue 2019: $243,519,956Expenses 2019: $227,089,436Net Income 2019: $16,430,5202019Revenue 2020: $212,462,138Expenses 2020: $208,534,374Net Income 2020: $3,927,7642020Revenue 2021: $212,541,575Expenses 2021: $198,133,934Net Income 2021: $14,407,6412021Revenue 2022: $238,431,245Expenses 2022: $225,868,729Net Income 2022: $12,562,5162022Revenue 2023: $273,733,249Expenses 2023: $269,238,342Net Income 2023: $4,494,9072023Revenue 2024: $359,916,303Expenses 2024: $331,935,443Net Income 2024: $27,980,8602024Revenue 2025: $310,240,247Expenses 2025: $297,364,508Net Income 2025: $12,875,7392025

Highlighted filing

2025

Revenue$310,240,247
Expenses$297,364,508
Net Income$12,875,739
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$338,533,292
Liabilities
$98,539,420
Net assets
$239,993,872
Revenue
$310,240,247
Expenses
$297,364,508
Net income
$12,875,739
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$339$98.5$240$310$297$12.9
2024Detailed filing. Detailed filing data is available for this year.$309$88.6$220$360$332$28.0
2023Detailed filing. Detailed filing data is available for this year.$222$41.4$181$274$269$4.49
2022Detailed filing. Detailed filing data is available for this year.$198$25.6$173$238$226$12.6
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$198$27.6$170$213$198$14.4
2020Detailed filing. Detailed filing data is available for this year.$180$28.5$151$212$209$3.93
2019Detailed filing. Detailed filing data is available for this year.$174$28.2$146$244$227$16.4
2018Detailed filing. Detailed filing data is available for this year.$161$31.1$130$213$208$5.23
2017Detailed filing. Detailed filing data is available for this year.$155$31.3$123$196$194$2.20
2016Detailed filing. Detailed filing data is available for this year.$159$40.8$119$188$184$3.05
2015Detailed filing. Detailed filing data is available for this year.$143$29.4$113$165$160$5.65
2014Detailed filing. Detailed filing data is available for this year.$132$21.2$111$143$141$1.93
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$123$16.1$107$129$132$2.89
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$125$17.0$108$159
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$124$22.5$102$207
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$111$25.5$86.0$185
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Feb 9, 2026
Return Version
2024v5.5
Gross Receipts
$354,426,107
Mission and Program Overview

Mission

To provide vocational rehabilitation services to persons with disabilities and other barriers to employment which will assist them in achieving their maximum level of vocational, economic and social development.

To provide vocational rehabilitation services to persons with disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$109,162,495$120,832,731▲ $11,670,236
Land, Buildings, and Equipment, Net$53,761,725$56,767,422▲ $3,005,697
Accounts Receivable$50,766,982$47,248,330▼ $3,518,652
Savings and Temporary Cash Investments$39,413,592$46,014,018▲ $6,600,426
Inventories for Sale or Use$10,086,403$11,366,057▲ $1,279,654
Other Notes and Loans Receivable, Net$2,648,917$2,547,314▼ $101,603
Prepaid Expenses and Deferred Charges$2,667,384$2,389,042▼ $278,342
Investments Other Securities$528,351$1,258,181▲ $729,830
Cash and Non-Interest-Bearing Accounts$143,235$230,137▲ $86,902
Total Assets$308,921,945$338,533,292▲ $29,611,347
Other Assets Total$39,742,861$49,880,060▲ $10,137,199
Liabilities
Other Liabilities$44,522,763$49,876,170▲ $5,353,407
Accounts Payable and Accrued Expenses$31,917,239$38,969,420▲ $7,052,181
Deferred Revenue$12,185,674$6,963,242▼ $5,222,432
Mortgage Notes Payable Secured by Investment Property-$2,730,588-
Total Liabilities$88,625,676$98,539,420▲ $9,913,744
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$220,296,269$239,993,872▲ $19,697,603
Total Net Assets Fund Balance$220,296,269$239,993,872▲ $19,697,603
Total Liabilities and Net Assets / Fund Balance$308,921,945$338,533,292▲ $29,611,347

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$16,377,206$52,287,591$68,664,797
Buildings$27,143,090$34,414,895$61,557,985
Land$9,188,168-$9,188,168
Other Land Buildings$4,058,958$2,846,961$6,905,919
Other Assets Org$38,500,590--
Compensation and Service Providers
Top Officer Pay37th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jo SperryCeioFT$529,377$101,783$631,160
Harry PiankoCFOFT$314,819$89,188$404,007
Lisa Webb SharpeCOOFT$280,531$61,532$342,063
Matthew L JuneCIOFT$281,208$55,275$336,483
James AdamsChief Human Services OfficerFT$238,584$73,983$312,567
Justin WalworthChief Human Resources OfficerFT$244,284$49,228$293,512
Thomas KorffVP of Contact Center SolutionsFT$193,091$68,496$261,587
Brett LintonVP of ManufacturingFT$187,391$66,931$254,322

Board Members and Trustees

NameTitle
Michael FlowersPresident
Heather ShawaVice President
Charlotte KogerDirector
David a GiftDirector
Doug PetersDirector
Duncan O WyethDirector
Esther OnagaDirector
Mary Gager DrewDirector
Monique Field-fosterDirector
Stanley KogutDirector
Thomas HobanDirector
Wendy HamiltonDirector
Kathie FeldpauschSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Protiviti Government Services INCEmployment Support1737 KING ST SUITE 320, Alexandria, VA 22314$28,502,430
SourceamericaEmployment SupportPO BOX 79424, Baltimore, MD 21279-0424$11,542,677
Jokake Construction Services INCBuilding Projects General Contractor2415 E CAMELBACK RD SUITE 150, Phoenix, AZ 85016$8,598,971
Veca Electric & Technologies LLCIt Hardware/support5614 7TH AVENUE S, Seattle, WA 98108$3,748,479
Signature Commercial SolutionsEmployment Support8270 GREENSBORO DR STE 1000, Mclean, VA 22102$3,190,628
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$301,298,818
Investment Income
$8,083,919
Other Revenue
$857,510
Change in Net Assets
$12,875,739
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$191,490,434
Other Expenses$102,874,074
Grants and Similar Amounts Paid$3,000,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$133,620,826$9,436,082-$143,056,908
Other Employee Benefits$25,297,563$5,312,698-$30,610,261
Occupancy$20,143,261$898,481-$21,041,742
Depreciation Depletion$15,324,735$792,131-$16,116,866
Payroll Taxes$11,374,371$5-$11,374,376
Office Expenses$6,417,849$3,379,234-$9,797,083
Fees for Services Other$7,208,661$1,080,375-$8,289,036
Insurance$4,707,316$405,280-$5,112,596
Pension Plan Contributions$4,607,090--$4,607,090
Grants to Domestic Orgs$3,000,000--$3,000,000
Current Officers, Directors, Trustees, and Key Employees-$1,841,799-$1,841,799
Information Technology$840,862$465,339-$1,306,201
Travel$860,558$348,832-$1,209,390
All Other Expenses$725,590$176,652-$902,242
Fees for Service Investment Mgmnt Fees-$682,409-$682,409
Other Expenses$545,877$62,369-$608,246
Fees for Services Accounting-$133,638-$133,638
Fees for Services Legal$73,470$54,224-$127,694
Interest-$32,968-$32,968
Total Functional Expenses$270,739,278$26,625,230$0$297,364,508
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Peckham Community Partnership FoundationLansing, MI501(c)(3)To Provide Funds for Programs Administered by the Foundation for Peckham Vocational Industries, Inc.$3,000,000
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liabilities$43,907,946
Pledge to Peckham Community Partnership Foundation$4,710,043
Deferred Compensation$1,258,181
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
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 990 is received by the organization's ceo and the cfo who review the return for accuracy. After any issues are addressed or corrected, the 990 is made available to the board. If there are no other issues noted, the ceo signs and files the return.”

Form 990, Part VI, Section B, Line 12C

“The administration requires board members to verbally report conflicts of interest as they arise. The corporate compliance officer also reviews a list of the top 100 vendors annually as a cross check to ensure that any conflicts of interest have been identified. Each year peckham board members review the conflict of interest policy and disclose any known interests at that time.”

Form 990, Part VI, Section B, Line 15

“Every 3 years a compensation study is undertaken using two main sources of data. Information is gathered from approximately 100 comparable agency 990 filings in a manual process that includes comparing agencies based on revenues, assets, number of employees, and geographic areas. The other method is to use the eri database to compare methodology. The results of each of these methods are provided to the board's compensation committee along with the raw data. The compensation committee meets independently of the organization's staff and makes a recommendation to the full board for the ceo's compensation. For staff other than the ceo, compensation information is obtained from the u.s. Department of labor's onet program, from the eri database, and from other comparable agency 990 data. The ceo approves the compensation of all other employees based on salary ranges that have been approved by the board.”

Form 990, Part VI, Section C, Line 19

“All information is available upon request. Form 990 is also posted annually on guidestar's website. The 990 and audited financial statements are public information through the michigan attorney general's office.”

Filing and Contact Details

Filer

Filer Name
Peckham Vocational Industries Inc
EIN
38-2322117
Phone
5173164000
Address
3510 CAPITAL CITY BLVD, LANSING, MI 48906-2102

Signing Officer

Name
Harry Pianko
Title
CEO
Phone
5173164000
Signed
2026-02-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Harry Pianko
Formed
1979
Legal Domicile
Mi
Voting Board Members
13
Independent Board Members
13
Employees
5,003
Volunteers
100

Preparer

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

Financial Statement Notes

PART X, LINE 2:

“In the preparation of tax returns, tax positions are taken based on interpretation of federal, state, and local income tax laws. Management periodically reviews and evaluates the status of uncertain tax positions and makes estimates of amounts, including interest and penalties, ultimately due or owed. No amounts have been identified or recorded as uncertain tax positions. Federal, state, and local tax returns generally remain open for examination by the various taxing authorities for a period of three to four years.”

Raw XML AppendixShowing 400 of 946 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.

Path#Value
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