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Michigan Workers Compensation Placement Facility

Trade
DBA: FACILITY
Trade Association · LIVONIA, MI · EIN 38-2435776

About

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

DBA Facility

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

Financial Snapshot

FY ending 2024-12-31
Revenue
$3.1M
Expenses
$2.4M
Assets
$2.7M
Liabilities
$2.2M

Financial history

$3.1M$1.5M$0
161718192021222324
RevenueExpenses
Latest FY2024: $3.1M · Avg: $2.8M
MICHIGAN WORKERS COMPENSATION PLACEMENT FACILITY
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Address

19500 Victor PKWY STE 475
Livonia, MI, 48152-108

Governance

Voting board members9
Independent members9
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
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.
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