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Nonprofit · EIN 20-8587844

POLICE OFFICERS ASSOCIATION OF MICHIGAN INC VEBA

Tax-exempt · REDFORD, MI 48239

Financials

$191K$131K2023$333K$67K2024
Revenue Expenses · by fiscal year end
Financials of POLICE OFFICERS ASSOCIATION OF MICHIGAN INC VEBA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$333,252$67,127$266,125$4,094,842$0$4,094,842
December 31, 2023990$191,312$131,299$60,013$3,808,853$0$3,808,853
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$72,000
Investment income
$261,252
Net gain from sales of assets
$34,714
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$67,127

Balance sheet and other

Total assets, start of year
$3,808,853
Total assets, end of year
$4,094,842
Total liabilities, end of year
$0
Net assets, end of year
$4,094,842
Publicly traded securities
$4,094,842
Gross receipts
$1,095,484
Employees
0
Year formed
2005
State of legal domicile
MI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
JAMES TIGNANELLIPRESIDENT
Trustee or director, Officer
1$0$210,469$45,930
KEVIN LOFTISTREASURER
Trustee or director, Officer
1$0$141,179$21,143
990 for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JAMES TIGNANELLIPRESIDENT
Trustee or director, Officer
1$0$202,173$43,877
KEVIN LOFTISTREASURER
Trustee or director, Officer
1$0$129,179$19,377

Address and contacts

Address (IRS master file)
27056 JOY RD, REDFORD, MI 48239-1949
Principal officer (990 for 2024)
JAMES TIGNANELLI, 7838 N LAPEER RD, FOSTORIA, MI 48435
Signed the 990
KEVIN LOFTIS, TREASURER
Phone
(313) 937-9000
Return prepared by
LOTITO & LAZZARA PC

Mission

TO PROVIDE MEDICAL AND HEALTH CARE BENEFITS FOR RETIREES OF POLICE OFFICERS ASSOCIATION OF MICHIGAN.

990 for the year ended December 31, 2024

Program accomplishments

  • TO PROVIDE MEDICAL AND HEALTH CARE BENEFITS FOR RETIREES OF POLICE OFFICERS ASSOCIATION OF MICHIGAN.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-8587844
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
2007
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,094,842
Income (IRS master file)
$1,095,484

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$333,252$67,127$4,094,842XML
990December 2023$191,312$131,299$3,808,853XML
990December 2022$96,031$53,406$3,517,235IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-8587844).

Questions about POLICE OFFICERS ASSOCIATION OF MICHIGAN INC VEBA

What is the EIN of POLICE OFFICERS ASSOCIATION OF MICHIGAN INC VEBA?
The employer identification number (EIN) of POLICE OFFICERS ASSOCIATION OF MICHIGAN INC VEBA is 20-8587844.
Is POLICE OFFICERS ASSOCIATION OF MICHIGAN INC VEBA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2007.
Are donations to POLICE OFFICERS ASSOCIATION OF MICHIGAN INC VEBA tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does POLICE OFFICERS ASSOCIATION OF MICHIGAN INC VEBA file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of POLICE OFFICERS ASSOCIATION OF MICHIGAN INC VEBA due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did POLICE OFFICERS ASSOCIATION OF MICHIGAN INC VEBA last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of POLICE OFFICERS ASSOCIATION OF MICHIGAN INC VEBA?
The 990 for the year ended December 31, 2024 names JAMES TIGNANELLI.
Who are the officers and directors of POLICE OFFICERS ASSOCIATION OF MICHIGAN INC VEBA?
The 990 for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does POLICE OFFICERS ASSOCIATION OF MICHIGAN INC VEBA have?
On its 990 for the year ended December 31, 2024 it reported revenue of $333,252, expenses of $67,127 and total assets of $4,094,842 at year end.

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