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Michigan Property and Casualty Guaranty Association

Trade
DBA: % JOHN ARMENT DIRECTOR OF FINANCE
Trade Association · NOVI, MI · EIN 23-7231188

About

The michigan property and casualty guaranty association ("mpcga") is an unincorporated association of ALL property and casualty insurers authorized to transact insurance in michigan. Mpcga was created by an ACT of the michigan legislature, MCL 500.7901 ET SEQ., in order to protect the public against financial losses to policyholders and claimants as a result of property and casualty insurance company insolvencies. When a member insurer becomes insolvent, mpcga has a DUTY to pay certain obligations of the insolvent insurer that come within the ACT's definition of covered claims. Mpcga does not handle claims arising out of life or disability insurance or annuity contracts.

In care of JOHN Arment Director of Finance

Donations are NOT tax-deductible
Category
Trade Association
Employees
11
Volunteers
0

Financial Snapshot

FY ending 2024-12-31
Revenue
$14.7M
Expenses
$21.0M
Assets
$128.2M
Liabilities
$48.3M

Financial history

$34.5M$17.3M$0
161718192021222324
RevenueExpenses
Latest FY2024: $14.7M · Peak FY2018: $34.5M · Avg: $19.0M
MICHIGAN PROPERTY AND CASUALTY GUARANTY ASSOCIATION
Your actions

Address

39810 Grand River AVE STE 120
NOVI, MI, 48375-213

Governance

Voting board members6
Independent members6
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.