Insurance Alliance Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,388,390 | 1,363,874 | 24,516 | 2.8 | 35% |
| 2012 | 908,903 | 887,012 | 21,891 | 4.6 | 51% |
| 2013 | 913,144 | 909,000 | 4,144 | 4.6 | 52% |
| 2014 | 978,738 | 898,533 | 80,205 | 5.7 | 51% |
| 2015 | 1,047,411 | 1,045,782 | 1,629 | 4.9 | 47% |
| 2016 | 886,531 | 860,489 | 26,042 | 6.3 | 56% |
| 2017 | 1,849,166 | 1,796,912 | 52,254 | 3.4 | 25% |
| 2018 | 1,149,509 | 1,243,754 | −94,245 | 4.0 | 47% |
| 2019 | 1,175,522 | 1,011,647 | 163,875 | 6.8 | 39% |
| 2020 | 1,171,685 | 1,117,692 | 53,993 | 6.8 | 40% |
| 2021 | 1,674,081 | 1,700,613 | −26,532 | 4.2 | 25% |
| 2022 | 2,187,753 | 2,282,865 | −95,112 | 2.5 | 19% |
| 2023 | 1,386,806 | 1,452,602 | −65,796 | 3.3 | 30% |
In its most recent public year (2023), this organization spent $65,796 more than it brought in. Its reserves stood at about 3.3 months of spending. Staff pay was 30% 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
Insurance Alliance Of Michigan'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