CSCharityScored
90

Michigan Automobile Insurance Placement Facility

Other · Farmingtn Hls, Michigan

34405 W 12 Mile Rd Ste 200, Farmingtn Hls, MI 48331-5627

EIN: 386090344· Founded: May 1949· 77 years active· Filing Year: 2023

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

83%
Programs: 83%
Payroll: 14%
Other overhead: 17%
Program Revenue$19.2M (100%)
Total Expenses$23.2M (100%)
Payroll$3.2M (14%)
Overhead (non-program)17%

Trust Score Breakdown

Program Spending Ratio

83% of expenses go to programs

40%

Revenue & Stability

$18.9M annual revenue

15%

Executive Compensation

$343K total officer comp (1.5% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$84.8M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.