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Filing year 2023

MICHIGAN AUTOMOBILE INSURANCE PLACEMENT FACILITY

Johnston, Rhode Island·EIN 38-6090344·501(c)(6)
Total revenue
$18.9M
Total assets
$84.8M
Total expenses
$23.2M
Reported officers
16
Mission

See attached note.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2023

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

Executive Director
Above 90th percentile
$352k
$393k
Base
$247k
Bonus
$47k
Other
Benefits
$22k
Director of Assigned Claims
Highest Compensated Employee
Median to 75th percentile
$209k
$233k
Base
$145k
Bonus
$20k
Other
Benefits
$23k
Operations Manager
75th to 90th percentile
$179k
$199k
Base
$125k
Bonus
$13k
Other
Benefits
$22k
Director of Finance & Administration
Median to 75th percentile
$161k
$180k
Base
$128k
Bonus
Other
Benefits
$21k
Litigation Manager
Highest Compensated Employee
25th percentile to median
$134k
$150k
Base
$110k
Bonus
$7k
Other
Benefits
$1k
Gov Comm Member
Board Member
Below 10th percentile
$1k
$1k
Gov Comm Member
Board Member
Below 10th percentile
$509
$568
Gov Comm Member
Board Member
Below 10th percentile
$495
$553
Gov Comm Member
Board Member
Below 10th percentile
$495
$553

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

FAQ

Common questions about MICHIGAN AUTOMOBILE INSURANCE PLACEMENT FACILITY

What does the Chief Executive Officer of MICHIGAN AUTOMOBILE INSURANCE PLACEMENT FACILITY earn?

In 2023, the Chief Executive Officer of MICHIGAN AUTOMOBILE INSURANCE PLACEMENT FACILITY received $351,777 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 MICHIGAN AUTOMOBILE INSURANCE PLACEMENT FACILITY compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at MICHIGAN AUTOMOBILE INSURANCE PLACEMENT FACILITY falls in the top 10%.

What are MICHIGAN AUTOMOBILE INSURANCE PLACEMENT FACILITY's revenue and expenses?

In 2023, MICHIGAN AUTOMOBILE INSURANCE PLACEMENT FACILITY reported $18.9M in total revenue and $23.2M in total expenses on its IRS Form 990.

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