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EIN 23-7231188

Michigan Property and Casualty Guaranty Association (MPCGA)

IRS 501(c) type
501(c)(6)
Num. employees
11
City
Novi
State
Michigan
Year formed
1969
Most recent tax filings
2023-12-01
NTEE code, primary
Y20: Insurance Providers, Services
Description
The Michigan Property and Casualty Guaranty Association (MPCGA) is an unincorporated association of all property and casualty insurers authorized to transact insurance in Michigan.
Total revenues
$11,322,292
2023
Total expenses
$13,548,362
2023
Total assets
$125,011,204
2023
Num. employees
11
2023

Program areas at MPCGA

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.

Personnel at MPCGA

NameTitleCompensation
Jeffery JenkinsExecutive Director$223,540
John ArmentDirector of Finance and Admin.$181,133
Lori RiceAccounting Manager$118,969
Josephine ReaClaims Support Manager$101,853
Laura MyersClaims Manager$134,409
...and 4 more key personnel

Financials for MPCGA

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$8,853,405
Investment income and dividends$3,299,871
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-830,984
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$11,322,292

Form 990s for MPCGA

Fiscal year endingDate received by IRSFormPDF link
2023-122024-06-18990View PDF
2022-122023-07-26990View PDF
2021-122022-08-23990View PDF
2020-122021-10-11990View PDF
2019-122020-12-22990View PDF
...and 10 more Form 990s
Data update history
August 15, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 10, 2024
Updated personnel
Identified 1 new personnel
August 26, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 24, 2023
Updated personnel
Identified 1 new personnel
August 10, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Mutual assistance organizationsInsurance companiesEnvironmental organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
39810 Grand River Ave 120
Novi, MI 48375
Metro area
Detroit-Warren-Dearborn, MI
County
Oakland County, MI
Website URL
mpcga.org/ 
Phone
(248) 482-0381
IRS details
EIN
23-7231188
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1969
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
Y20: Insurance Providers, Services
NAICS code, primary
524126: Direct Property and Casualty Insurance Carriers
Parent/child status
Independent
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