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Filing year 2023

MICHIGAN CATASTROPHIC CLAIMS ASSOCIATION

Livonia, Michigan·EIN 38-2227794·501(c)(6)
Total revenue
$1.8B
Total assets
$22.4B
Total expenses
$2.2B
Reported officers
12

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 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
$558k
$607k
Base
$426k
Bonus
$95k
Other
$14k
Benefits
$1k
Assistant Executive Director
Above 90th percentile
$512k
$557k
Base
$373k
Bonus
$92k
Other
$12k
Benefits
$16k
General Counsel
Highest Compensated Employee
Above 90th percentile
$428k
$466k
Base
$308k
Bonus
$62k
Other
$11k
Benefits
$26k
Controller
Above 90th percentile
$303k
$329k
Base
$232k
Bonus
$23k
Other
$6k
Benefits
$16k
IT Director
Chief Information Officer
Median to 75th percentile
$267k
$290k
Base
$191k
Bonus
$19k
Other
$2k
Benefits
$35k
Claims Manager
Highest Compensated Employee
75th to 90th percentile
$244k
$266k
Base
$173k
Bonus
$18k
Other
$1k
Benefits
$36k
Claims Manager
Highest Compensated Employee
75th to 90th percentile
$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.

Pay for the position

Chief Executive Officer pay rose 10% from 2022 to 2023, while revenue rose 35%.

$506k in 2022 to $558k in 2023.
  • Highest Compensated Employee pay rose 21% from 2022 to 2023.
  • Controller pay rose 6% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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.
FAQ

Common questions about MICHIGAN CATASTROPHIC CLAIMS ASSOCIATION

What does the Chief Executive Officer of MICHIGAN CATASTROPHIC CLAIMS ASSOCIATION earn?

In 2023, the Chief Executive Officer of MICHIGAN CATASTROPHIC CLAIMS ASSOCIATION received $558,411 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 CATASTROPHIC CLAIMS ASSOCIATION 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 CATASTROPHIC CLAIMS ASSOCIATION falls in the top 10%.

What are MICHIGAN CATASTROPHIC CLAIMS ASSOCIATION's revenue and expenses?

In 2023, MICHIGAN CATASTROPHIC CLAIMS ASSOCIATION reported $1.8B in total revenue and $2.2B in total expenses on its IRS Form 990.

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