Public Charity

MICHIGAN WORKERS COMPENSATION PLACEMENT FACILITY

MICHIGAN WORKERS COMPENSATION PLACEMENT FACILITY is a nonprofit organization categorized as Public Charity based in LIVONIA, MI. Its most recent IRS filing (2024) reports revenue of $3.1M, expenses of $2.4M, total assets of $2.7M.

EIN: 382435776 LIVONIA, MI Latest filing: 2024
Total Revenue$3.1M
Total Expenses$2.4M
Total Assets$2.7M
Grant Records0
Filing Years2020–2024

Mission

THE MICHIGAN WORKERS' COMPENSATION PLACEMENT FACILITY (A.K.A. THE FACILITY) ADDRESSES ALL PLAN AND POOL ADMINISTRATION RESPONSIBILITIES REQUIRED TO OFFER AN ALTERNATIVE COVERAGE SOURCE FOR BUSINESSES UNABLE TO PROCURE WC INSURANCE COVERAGE IN THE VOLUNTARY MARKET. PLAN ADMINISTRATION DUTIES INCLUDE PROCESSING APPLICATIONS AGAINST ESTABLISHED ELIGIBILITY GUIDELINES, APPOINTING SERVICING CARRIERS TO ISSUE POLICIES AND PROCESS ANY SUBSEQUENT CLAIM ACTIVITY AND ESTABLISHING A VIABLE OUTSIDE VENDOR AND/OR SUITABLE INTERNAL RESOURCES TO ADDRESS THE VARIOUS POOL ADMINISTRATION RESPONSIBILITIES

Where $100 goes at Michigan Workers Compensation Placement Facility

How Michigan Workers Compensation Placement Facility divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$89 Programs the work itself
$11 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $89 for programs

$89
The mwcpf (the facility) is primarily focused on reviewing potential insurance applicants and assigning them to one of their contracted servicing carriers consistent with their established quota share
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SVP, CHIEF ACTUARY Alan Burns
DIRECTOR, ACTUARIAL & DATA REPORTING Alex Bedoway
BOARD MEMBER Amanda Warner
BOARD MEMBER Brian Hoffman
BOARD MEMBER (ENDED 10/24) Brian Melas
PRESIDENT Dave Brueckman

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $3.1M $2.4M $2.7M
2023 $3.2M $2.2M $3.1M
2022 $2.8M $2.3M $2.4M
2021 $2.9M $2.4M $2.6M
2020 $3.1M $2.4M $3.1M

Between 2020 and 2024, reported annual revenue held roughly steady at around $3.1M, with total assets most recently reported at $2.7M.

Interactive year-over-year charts and full filing details available with membership.

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