Michigan Property And Casualty Guaranty Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 20,019,704 | 31,592,419 | −11,572,715 | 24.6 | 3% |
| 2012 | 15,625,758 | 1,864,798 | 13,760,960 | 511.5 | 50% |
| 2013 | 11,236,747 | 16,459,504 | −5,222,757 | 52.8 | 6% |
| 2014 | 18,105,865 | 35,734,896 | −17,629,031 | 18.7 | 3% |
| 2015 | 24,378,720 | 15,640,516 | 8,738,204 | 48.2 | 7% |
| 2016 | 10,833,907 | 22,623,630 | −11,789,723 | 27.9 | 5% |
| 2017 | 18,977,876 | 29,412,546 | −10,434,670 | 18.5 | 4% |
| 2018 | 34,507,368 | 2,294,873 | 32,212,495 | 393.2 | 49% |
| 2019 | 26,159,733 | 17,220,251 | 8,939,482 | 63.5 | 6% |
| 2020 | 12,638,878 | 9,688,701 | 2,950,177 | 124.1 | 12% |
| 2021 | 16,019,730 | 6,495,992 | 9,523,738 | 204.5 | 18% |
| 2022 | 16,294,916 | 32,360,522 | −16,065,606 | 29.3 | 4% |
| 2023 | 11,322,292 | 13,548,362 | −2,226,070 | 74.3 | 9% |
In its most recent public year (2023), this organization spent $2,226,070 more than it brought in. Its reserves stood at about 74.3 months of spending, up from 24.6 in 2011. Staff pay was 9% 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
Michigan Property And Casualty Guaranty Association's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works