Lakestate Industries

Employment organization based in Escanaba, MI. 296 employees. Exempt under §501(c)(3).

MissionTO HELP PEOPLE RECOGNIZE AND MAXIMIZE THEIR ABILITIES, OVERCOME BARRIERS, AND SUPPORT THEM IN REACHING THEIR HIGHEST LEVEL OF EMPLOYMENT AND COMMUNITY INCLUSION.

Financial snapshot · TY 2023

$3.2M
Total revenue
$3.2M
Total expenses
$2.3M
Net assets

Financial health · TY 2023

66
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
43
7.6 months of expenses
Program efficiency
100
91.7% spent on programs
Revenue diversity
44
Mix of program fees, grants & contributions

Leadership compensation

Cheryl Ohman
EXECUTIVE DI
$94,297
17th percentile vs. peers

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Lakestate Industries Executive Compensation | 990 Data | DoubleNine