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Nonprofit · EIN 38-2435776

MICHIGAN WORKERS COMPENSATION PLACEMENT FACILITY

Tax-exempt · LIVONIA, MI 48152

Financials

$3.2M$2.2M2023$3.1M$2.4M2024
Revenue Expenses · by fiscal year end
Financials of MICHIGAN WORKERS COMPENSATION PLACEMENT FACILITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,066,700$2,393,847$672,853$2,698,248$2,157,977$540,271
December 31, 2023990$3,183,448$2,244,308$939,140$3,058,469$2,251,911$806,558
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$3,000,916
Investment income
$65,784
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$451,989
Other salaries and wages
$1,120,366
Salaries, compensation and benefits (total)
$2,067,238
Professional fundraising fees
$0
Legal fees
$10,555
Accounting fees
$24,063
Occupancy
$97,573
Travel
$7,811

Balance sheet and other

Total assets, start of year
$3,058,469
Total assets, end of year
$2,698,248
Total liabilities, end of year
$2,157,977
Net assets, end of year
$540,271
Net assets without donor restrictions
$540,271
Gross receipts
$3,066,700
Employees
0
Volunteers
11
Year formed
1983
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
DAVE BRUECKMANPRESIDENT
Officer
20.5$175,358$143,474$37,094
ALAN BURNSSVP, CHIEF ACTUARY
Officer
20.5$141,813$116,029$35,214
JAYARAJ SUBRAMANIANCIO
Highest-paid employee
20.5$103,261$84,487$25,211
ALEX BEDOWAYDIRECTOR, ACTUARIAL & DATA REPORTING
Highest-paid employee
20.5$95,539$78,169$27,885
PAUL LIPSCOMBVP, OPERATIONS
Officer
20.5$80,582$65,930$26,305
MICHAEL C TITHOFACTUARY III
Highest-paid employee
20.5$69,989$57,263$25,111
JAYAN THOMASSENIOR DEVELOPER II
Highest-paid employee
20.5$61,794$50,559$8,751
AMANDA WARNERBOARD MEMBER
Trustee or director
1$2,000$0$0
KYLEE MITCHELL WELLSBOARD MEMBER
Trustee or director
1$1,500$0$0
TRACEY MCLENONBOARD MEMBER
Trustee or director
1$1,500$0$0
JAMES RALPHBOARD MEMBER
Trustee or director
1$1,000$0$0
DAWN ELZINGABOARD MEMBER
Trustee or director
1$0$0$0
JASON SWEETBOARD MEMBER
Trustee or director
1$0$0$0
EDDIE HERRERABOARD MEMBER
Trustee or director
1$0$0$0
RYAN VAUGHNBOARD MEMBER
Trustee or director
1$0$0$0
3 more people on this return
NameTitleHours / weekCompensation
BRIAN HOFFMANBOARD MEMBER
Trustee or director
1$0
BRIAN MELASBOARD MEMBER (ENDED 10/24)
Trustee or director
1$0
ED HANLONBOARD MEMBER (ENDED 12/24)
Trustee or director
1$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DAVE BRUECKMANPRESIDENT
Officer
20.5$0$315,451$5,309
ALAN BURNSSVP, CHIEF ACTUARY
Officer
20.5$0$245,866$6,814
JAYARAJ SUBRAMANIANIT MANAGER
Highest-paid employee
20.5$0$178,418$3,235
ALEX BEDOWAYVP, LEAD ACTUARY
Highest-paid employee
20.5$0$162,595$4,193
PAUL LIPSCOMBVP, OPERATIONS
Officer
20.5$0$144,777$4,798
MICHAEL C TITHOFACTUARY III
Highest-paid employee
20.5$0$117,371$4,328
TRACEY MCLENONBOARD MEMBER
Trustee or director
1$0$0$0
DAWN ELZINGABOARD MEMBER
Trustee or director
1$0$0$0
AMANDA WARNERBOARD MEMBER
Trustee or director
1$0$0$0
ED HANLONBOARD MEMBER
Trustee or director
1$0$0$0
RYAN VAUGHNBOARD MEMBER
Trustee or director
1$0$0$0
BRIAN MELASBOARD MEMBER
Trustee or director
1$0$0$0
JASON SWEETBOARD MEMBER
Trustee or director
1$0$0$0
KYLEE MITCHELL WELLSBOARD MEMBER
Trustee or director
1$0$0$0
JAMES RALPHBOARD MEMBER
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
19500 VICTOR PKWY STE 475, LIVONIA, MI 48152-1089
Principal officer (990 for 2024)
DAVE BRUECKMAN, 19500 VICTORY PARKWAY DRIVE 475, LIVONIA, MI 48152
Signed the 990
DAVE BRUECKMAN, PRESIDENT & CEO
Phone
(734) 462-9600
Return prepared by
MANER COSTERISAN PC

Mission

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

990 for the year ended December 31, 2024

Program accomplishments

  • THE MWCPF (THE FACILITY) IS PRIMARILY FOCUSED ON REVIEWING POTENTIAL INSURANCE APPLICANTS AND ASSIGNING THEM TO ONE OF THEIR CONTRACTED SERVICING CARRIERS CONSISTENT WITH THEIR ESTABLISHED QUOTA SHARE. THE FACILITY UTILIZES EXTERNAL RESOURCES TO ASSIST WITH THE SERVICING CARRIER SELECTION PROCESS, ANNUALLY EVALUATE EACH SERVICING CARRIER'S PERFORMANCE AGAINST ESTABLISHED PERFORMANCE STANDARDS AND MAINTAIN POOL RESERVES SUFFICIENT TO COVER THE FACILITY'S ULTIMATE LIABILITY. INTERNAL STAFF PROMULGATE EXPERIENCE MODS AND PREPARE THE ANNUAL FACILITY RATE FILING.

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
38-2435776
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1982
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,698,248
Income (IRS master file)
$3,066,700

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,066,700$2,393,847$2,698,248XML
990December 2023$3,183,448$2,244,308$3,058,469XML
990December 2022$2,833,657$2,339,897$2,370,177IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 38-2435776).

Questions about MICHIGAN WORKERS COMPENSATION PLACEMENT FACILITY

What is the EIN of MICHIGAN WORKERS COMPENSATION PLACEMENT FACILITY?
The employer identification number (EIN) of MICHIGAN WORKERS COMPENSATION PLACEMENT FACILITY is 38-2435776.
Is MICHIGAN WORKERS COMPENSATION PLACEMENT FACILITY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1982.
Are donations to MICHIGAN WORKERS COMPENSATION PLACEMENT FACILITY tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MICHIGAN WORKERS COMPENSATION PLACEMENT FACILITY 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 MICHIGAN WORKERS COMPENSATION PLACEMENT FACILITY 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 MICHIGAN WORKERS COMPENSATION PLACEMENT FACILITY 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 MICHIGAN WORKERS COMPENSATION PLACEMENT FACILITY?
The 990 for the year ended December 31, 2024 names DAVE BRUECKMAN.
Who are the officers and directors of MICHIGAN WORKERS COMPENSATION PLACEMENT FACILITY?
The 990 for the year ended December 31, 2024 lists 18 people; 11 received compensation from the organization, the highest $175,358 (DAVE BRUECKMAN, PRESIDENT).
How much revenue does MICHIGAN WORKERS COMPENSATION PLACEMENT FACILITY have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,066,700, expenses of $2,393,847 and total assets of $2,698,248 at year end.

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