Michigan Automobile Insurance Placement Facility
Other · Farmingtn Hls, Michigan
34405 W 12 Mile Rd Ste 200, Farmingtn Hls, MI 48331-5627
Annual Revenue
$18.9M
Total Expenses
$23.2M
Total Assets
$84.8M
Program Spending
83%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$343K
1.5% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$2.9M
Total Payroll
$3.2M
14% of total expenses
Where the Money Goes
Trust Score Breakdown
Program Spending Ratio
83% of expenses go to programs
Revenue & Stability
$18.9M annual revenue
Executive Compensation
$343K total officer comp (1.5% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$84.8M in assets
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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.