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Filing year 2023

COMPENSATION ADVISORY ORGANIZATION OF MICHIGAN

Livonia, Michigan·EIN 38-2435780·501(c)(6)
Total revenue
$3.5M
Total assets
$4.7M
Total expenses
$2.1M
Reported officers
15
Mission

MICHIGAN'S DATA COLLECTION ORGANIZATION (DCO) RESPONSIBLE FOR COLLECTING WORKERS' COMPENSATION POLICY AND CLAIM DATA FOR USE IN PROMULGATING EXPERIENCE MODIFICATION FACTORS, PUBLISHING VOLUNTARY LOSS COSTS FOR MICHIGAN'S VOLUNTARY PROPERTY & CASUALTY INSURANCE MARKET AND ESTABLISHING RATES FOR RESIDUAL MARKET. CAOM IS AUTHORIZED THROUGH THE DATA COLLECTION AGENCY TO SUPPORT THE VOLUNTARY WC MARKET AND OVERSEE THE RESIDUAL MARKET WHICH IS SUPPORTED BY THE MICHIGAN WORKERS' COMPENSATION PLACEMENT FACILITY (MWCPF)

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President
Above 90th percentile
$321k
$349k
Base
$312k
Bonus
Other
$4k
Benefits
$5k
Svp, Chief Actuary
Senior Vice President
Median to 75th percentile
$253k
$275k
Base
$243k
Bonus
Other
$3k
Benefits
$7k
IT Manager
Median to 75th percentile
$182k
$198k
Base
$177k
Bonus
Other
$1k
Benefits
$3k
Vp, Lead Actuary
Board Vice President
Median to 75th percentile
$167k
$181k
Base
$162k
Bonus
Other
$707
Benefits
$4k
Vp, Operations
Vice President
75th to 90th percentile
$150k
$163k
Actuary III
Highest Compensated Employee
10th to 25th percentile
$122k
$132k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

FAQ

Common questions about COMPENSATION ADVISORY ORGANIZATION OF MICHIGAN

What does the Chief Executive Officer of COMPENSATION ADVISORY ORGANIZATION OF MICHIGAN earn?

In 2023, the Chief Executive Officer of COMPENSATION ADVISORY ORGANIZATION OF MICHIGAN received $320,760 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at COMPENSATION ADVISORY ORGANIZATION OF MICHIGAN compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at COMPENSATION ADVISORY ORGANIZATION OF MICHIGAN falls in the top 10%.

What are COMPENSATION ADVISORY ORGANIZATION OF MICHIGAN's revenue and expenses?

In 2023, COMPENSATION ADVISORY ORGANIZATION OF MICHIGAN reported $3.5M in total revenue and $2.1M in total expenses on its IRS Form 990.

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