Michigan Self-Insurers Assn
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 47,778 | 55,914 | −8,136 | 44.6 | 0% |
| 2013 | 53,640 | 60,744 | −7,104 | 39.6 | 0% |
| 2014 | 77,977 | 70,566 | 7,411 | 35.4 | 0% |
| 2015 | 58,294 | 80,796 | −22,502 | 27.5 | 0% |
| 2016 | 88,391 | 69,867 | 18,524 | 35.0 | 0% |
| 2017 | 45,330 | 79,206 | −33,876 | 25.8 | 0% |
| 2018 | 59,634 | 74,387 | −14,753 | 25.1 | 0% |
| 2019 | 114,210 | 152,139 | −37,929 | 8.8 | 0% |
| 2020 | 71,270 | 107,288 | −36,018 | 8.5 | 0% |
| 2021 | 35,360 | 59,150 | −23,790 | 10.7 | 0% |
| 2022 | 92,130 | 100,161 | −8,031 | 5.3 | 0% |
| 2023 | 153,341 | 136,681 | 16,660 | 5.4 | 0% |
In its most recent public year (2023), this organization brought in $16,660 more than it spent. Its reserves stood at about 5.4 months of spending, down from 44.6 in 2012. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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