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Filing year 2023

MICHIGAN CATASTROPHIC CLAIMS ASSOCIATION

Livonia, Michigan·EIN 38-2227794·6
Total revenue
$1.8B
Total assets
$22.4B
Total expenses
$2.2B
Reported officers
12

Executive compensation, broken down

Form 990 · Schedule J · 7 reported individuals · Filing year 2023

Executive Director
$558k
$607k
Base
$426k
Bonus
$95k
Other
$14k
Benefits
$1k
Assistant Executive Director
$512k
$557k
Base
$373k
Bonus
$92k
Other
$12k
Benefits
$16k
General Counsel
highest compensated employee
$428k
$466k
Base
$308k
Bonus
$62k
Other
$11k
Benefits
$26k
Controller
officer (unspecified)
$303k
$329k
Base
$232k
Bonus
$23k
Other
$6k
Benefits
$16k
IT Director
chief information officer
$267k
$290k
Base
$191k
Bonus
$19k
Other
$2k
Benefits
$35k
Claims Manager
highest compensated employee
$244k
$266k
Base
$173k
Bonus
$18k
Other
$1k
Benefits
$36k
Claims Manager
highest compensated employee
$243k
$264k
Base
$176k
Bonus
$18k
Other
$1k
Benefits
$31k

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 5 unpaid individuals.

Up 10%
from 2022

From $506k in 2022 to $558k in 2023.

$506k
2022
$558k
2023
In today's dollarsEst.
Up 4% in real terms$583k to $607k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

MICHIGAN CATASTROPHIC CLAIMS ASSOCIATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.3B
2022
$1.8B
$2.2B
2023
Total revenue and total expenses from IRS Form 990 filings.
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