Michigan Workforce Training and Education Collaborative
Empowers education providers to meet employer workforce talent needs. For fiscal year 2024 it reported $1.5M in revenue, $1.6M in expenses, and $375K in net assets.Pt I
- Founded
- 2022
- Type
- Public charity (501(c)(3)) · Employment
- Location
- Hastings, MI
- Website
- mwtec.org
- Filings
- 1 on file (2024–2024)
More identity details & actions ⌄
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Amy Lee’s $147K as Secretary/President is at the 62nd percentile of top reported officer pay among 1236 $1–10M employment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2024 | FY2024 |
|---|---|---|
| Amy Lee | $146,558 | $97,549 |
| Dennis Bona | $103,846 | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Where the work happens
Mwtec continued to provide fiscal support to the epic consortium college partners for 8 healthcare programs. In addition, the staff worked on future projects and continuing education training opportunities for michigan residents
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 84% | — | — |
| Overhead ratio | 15% | — | — |
| Fundraising cost ratio | 5% | — | — |
| Revenue growth | -14% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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Sources
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