CSCharityScored
80

Michigan Property And Casualty Guaranty Association

Other · Novi, Michigan

39810 Grand River Ave Ste 120, Novi, MI 48375-2139

EIN: 237231188· Founded: Oct 1973· 53 years active· Filing Year: 2023

Annual Revenue

$11.3M

Total Expenses

$13.5M

Total Assets

$125.0M

Program Spending

65%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$480K

3.5% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$722K

Total Payroll

$1.2M

9% of total expenses

Where the Money Goes

65%
Programs: 65%
Payroll: 9%
Other overhead: 35%
Program Revenue$8.9M (78%)
Total Expenses$13.5M (100%)
Payroll$1.2M (9%)
Overhead (non-program)35%

Trust Score Breakdown

Program Spending Ratio

65% of expenses go to programs

40%

Revenue & Stability

$11.3M annual revenue

15%

Executive Compensation

$480K total officer comp (3.5% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$125.0M 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.