NonprofitsMichigan Workers Compensation Placement Facility

Michigan Workers Compensation Placement Facility

LIVONIA, MI

Total revenue

$3.1M

Total expenses

$2.4M

Net assets

$540K

Grants received

EIN

382435776

Tax year

2024

Mission

Responsible for addressing all plan and pool administration duties associated with supporting the michigan workers' compensation residual market, i.e. Market of last resort

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$3.0M
Investment income$66K
Other revenue
Total revenue$3.1M

Expenses

Grants paid
Salaries & benefits$2.1M
Fundraising
Other expenses$327K
Total expenses$2.4M
Total assets$2.7M
Net assets$540K

People

18 listed

NameRoleCompensation

DAVE BRUECKMAN

PRESIDENT

Board

$175K

20.5 hrs/wk

ALAN BURNS

SVP, CHIEF ACTUARY

Board

$142K

20.5 hrs/wk

PAUL LIPSCOMB

VP, OPERATIONS

Board

$81K

20.5 hrs/wk

AMANDA WARNER

BOARD MEMBER

Board

$2K

1 hrs/wk

TRACEY MCLENON

BOARD MEMBER

Board

$2K

1 hrs/wk

KYLEE MITCHELL WELLS

BOARD MEMBER

Board

$2K

1 hrs/wk

JAMES RALPH

BOARD MEMBER

Board

$1K

1 hrs/wk

ED HANLON

BOARD MEMBER (ENDED 12/24)

Board

1 hrs/wk

BRIAN MELAS

BOARD MEMBER (ENDED 10/24)

Board

1 hrs/wk

BRIAN HOFFMAN

BOARD MEMBER

Board

1 hrs/wk

RYAN VAUGHN

BOARD MEMBER

Board

1 hrs/wk

EDDIE HERRERA

BOARD MEMBER

Board

1 hrs/wk

JASON SWEET

BOARD MEMBER

Board

1 hrs/wk

DAWN ELZINGA

BOARD MEMBER

Board

1 hrs/wk

JAYARAJ SUBRAMANIAN

CIO

Staff

$103K

20.5 hrs/wk

ALEX BEDOWAY

DIRECTOR, ACTUARIAL & DATA REPORTING

Staff

$96K

20.5 hrs/wk

MICHAEL C TITHOF

ACTUARY III

Staff

$70K

20.5 hrs/wk

JAYAN THOMAS

SENIOR DEVELOPER II

Staff

$62K

20.5 hrs/wk

Details

EIN382435776
Subsection06
Ruling date1982-12
Formed1983
Employees0
Volunteers11
MICHIGAN WORKERS COMPENSATION PLACEMENT FACILITY — Mission, Financials & Grants Received | Grantivo