Michigan Basic Property Insurance Association
Other · Farmingtn Hls, Michigan
27555 Farmington Rd Ste 315, Farmingtn Hls, MI 48334-3843
Annual Revenue
$11.8M
Total Expenses
$11.2M
Total Assets
$15.8M
Program Spending
99%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$9K
0.1% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$2.2M
Total Payroll
$2.2M
20% of total expenses
Where the Money Goes
Trust Score Breakdown
Program Spending Ratio
99% of expenses go to programs
Revenue & Stability
$11.8M annual revenue
Executive Compensation
$9K total officer comp (0.1% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$15.8M 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.