Michigan Self-insurers Assn
501(c)(6)
Only null% goes to programs Strong reserves Growing revenue
Michigan Self-insurers Assn is a 501(c)(6) organization based in Troy, Michigan, registered in 1974, with $163,661 in FY2024 revenue. CharityIndex grades it B.
3001 W Big Beaver, Troy, MI, 48084 EIN 23-7162592 Since 1974
Revenue (FY2024)
$164K
▼ 15.5% vs prior year
Expenses (FY2024)
$159K
Net assets
$89K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Michigan Self-insurers Assn— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating7 mo reserves · +3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Michigan Self-insurers Assn: 7 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Michigan Self-insurers Assn— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Michigan Self-insurers Assn: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $78K (FY2013) to $164K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $20KNet assets $89K
Operating margin
2.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$109K
Total liabilities
$20K
Net assets
$89K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $163,661▼15.5% | $158,976▲0.8% | $88,998▼3.1% | $109,140▲15.4% | 990 |
| 2023 | $193,732▲26.3% | $157,693▲15.4% | $91,872▲49.9% | $94,562▲54.3% | 990 |
| 2022 | $153,341▲66.4% | $136,681▲36.5% | $61,283▲37.3% | $61,283▲37.3% | 990 |
| 2021 | $92,130▲161% | $100,161▲69.3% | $44,623▼15.3% | $44,623▼15.3% | 990 |
| 2020 | $35,360▼50.4% | $59,150▼44.9% | $52,654▼30.7% | $52,654▼30.7% | 990 |
| 2019 | $71,270▼37.6% | $107,288▼29.5% | $75,993▼32.2% | $75,993▼32.2% | 990 |
| 2018 | $114,210▲91.5% | $152,139▲105% | $112,011▼27.9% | $112,011▼27.9% | 990 |
| 2017 | $59,634▲31.6% | $74,387▼6.1% | $155,340▼8.7% | $155,340▼8.7% | 990 |
| 2016 | $45,330▼48.7% | $79,206▲13.4% | $170,093▼16.6% | $170,093▼16.6% | 990 |
| 2015 | $88,391▲51.6% | $69,867▼13.5% | $203,969▲10.0% | $203,969▲10.0% | 990 |
| 2014 | $58,294▼25.2% | $80,796▲14.5% | $185,445▼10.8% | $185,445▼11.3% | 990 |
| 2013 | $77,977 | $70,566▲16.2% | $207,947▲3.7% | $209,027▲4.2% | 990 |
| 2012 | — | $60,744▲8.6% | $200,536▼3.4% | $200,536▼3.4% | 990 |
| 2011 | — | $55,914▲4.1% | $207,640▼3.8% | $207,640▼3.8% | 990 |
| 2010 | — | $53,711▲2.9% | $215,776▼3.8% | $215,776▼3.8% | 990 |
| 2009 | — | $52,174 | $224,213 | $224,213 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Michigan Self-insurers Assn a legitimate nonprofit?
- Yes. Michigan Self-insurers Assn is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 23-7162592, based in Troy, Michigan.
- What is Michigan Self-insurers Assn's EIN?
- Michigan Self-insurers Assn's Employer Identification Number (EIN) is 23-7162592.
- How much revenue does Michigan Self-insurers Assn report?
- Michigan Self-insurers Assn reported $163,661 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Michigan Self-insurers Assn have?
- CharityIndex grades Michigan Self-insurers Assn B, based on financial health (reserves and operating margin).
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Data for Michigan Self-insurers Assn (EIN 23-7162592) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.