Civic Intelligence

Michigan Self Insurers Association

990 • Fiscal year 2015 • EIN 23-7162592

Sep 01, 2014 to Aug 31, 2015 • Filed on Dec 11, 2015

124 W Allegan Street Suite 1900Lansing, MI 48933

(616) 456-3342

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Net Margin

6th percentile

-39%

Higher net margin than 6% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Asset Growth

24th percentile

-11%

Faster asset growth than 24% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

12th percentile

-25%

Faster revenue growth than 12% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$185,445

Down $23,582 (-11%) from 2014

Net Assets

Down

$185,445

Down $22,502 (-11%) from 2014

Liabilities

Down

$0

Down $1,080 (-100%) from 2014

Revenue

Down

$58,294

Down $19,683 (-25%) from 2014

Expenses

Up

$80,796

Up $10,230 (+14%) from 2014

Net Income

Down

-$22,502

Down $29,913 (-404%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2010: $224,213Liabilities 2010: $0Net Assets 2010: $224,2132010Assets 2011: $215,776Liabilities 2011: $0Net Assets 2011: $215,7762011Assets 2012: $207,640Liabilities 2012: $0Net Assets 2012: $207,6402012Assets 2013: $200,536Liabilities 2013: $0Net Assets 2013: $200,5362013Assets 2014: $209,027Liabilities 2014: $1,080Net Assets 2014: $207,9472014Assets 2015: $185,445Liabilities 2015: $0Net Assets 2015: $185,4452015Assets 2016: $203,969Liabilities 2016: $0Net Assets 2016: $203,9692016Assets 2017: $170,093Liabilities 2017: $0Net Assets 2017: $170,0932017Assets 2018: $155,340Liabilities 2018: $0Net Assets 2018: $155,3402018Assets 2019: $112,011Liabilities 2019: $0Net Assets 2019: $112,0112019Assets 2020: $75,993Liabilities 2020: $0Net Assets 2020: $75,9932020Assets 2021: $52,654Liabilities 2021: $0Net Assets 2021: $52,6542021Assets 2022: $44,623Liabilities 2022: $0Net Assets 2022: $44,6232022Assets 2023: $61,283Liabilities 2023: $0Net Assets 2023: $61,2832023Assets 2024: $94,562Liabilities 2024: $2,690Net Assets 2024: $91,8722024Assets 2025: $109,140Liabilities 2025: $20,142Net Assets 2025: $88,9982025

Highlighted filing

2015

Assets$185,445
Liabilities$0
Net Assets$185,445

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KExpenses 2010: $52,1742010Expenses 2011: $53,7112011Expenses 2012: $55,9142012Expenses 2013: $60,7442013Revenue 2014: $77,977Expenses 2014: $70,566Net Income 2014: $7,4112014Revenue 2015: $58,294Expenses 2015: $80,796Net Income 2015: -$22,5022015Revenue 2016: $88,391Expenses 2016: $69,867Net Income 2016: $18,5242016Revenue 2017: $45,330Expenses 2017: $79,206Net Income 2017: -$33,8762017Revenue 2018: $59,634Expenses 2018: $74,387Net Income 2018: -$14,7532018Revenue 2019: $114,210Expenses 2019: $152,139Net Income 2019: -$37,9292019Revenue 2020: $71,270Expenses 2020: $107,288Net Income 2020: -$36,0182020Revenue 2021: $35,360Expenses 2021: $59,150Net Income 2021: -$23,7902021Revenue 2022: $92,130Expenses 2022: $100,161Net Income 2022: -$8,0312022Revenue 2023: $153,341Expenses 2023: $136,681Net Income 2023: $16,6602023Revenue 2024: $193,732Expenses 2024: $157,693Net Income 2024: $36,0392024Revenue 2025: $163,661Expenses 2025: $158,976Net Income 2025: $4,6852025

Highlighted filing

2015

Revenue$58,294
Expenses$80,796
Net Income-$22,502
Jump To
Filing Snapshot
Filing Period
Sep 1, 2014 to Aug 31, 2015
Signed
Dec 11, 2015
Return Version
2014v5.0
Gross Receipts
$142,469
Mission and Program Overview

Mission

To educate self-insurers on worker's compensation issues.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$175,415$165,677▼ $9,738
Cash and Non-Interest-Bearing Accounts$33,612$19,768▼ $13,844
Total Assets$209,027$185,445▼ $23,582
Liabilities
Deferred Revenue$1,080--
Total Liabilities$1,080$0▼ $1,080
Net Assets / Fund Balance
Unrestricted Net Assets$207,947$185,445▼ $22,502
Total Net Assets Fund Balance$207,947$185,445▼ $22,502
Total Liabilities and Net Assets / Fund Balance$209,027$185,445▼ $23,582
Compensation and Service Providers

Board Members and Trustees

NameTitle
Stephen OhmanChairperson
Danielle F Susser EsquireCHAIRPERSON'
Debbie WhiteCHAIRPERSON'
Delaney MckinleyCHAIRPERSON'
Libby ChildCHAIRPERSON'
Mary PenzCHAIRPERSON'
Wendy BlockCHAIRPERSON'
Doug GreenVice Chairpe
Charlene MerrickDirector
Cheryl SmithDirector
Craig CoulsonDirector
Doug WrightDirector
Jonathan ParkerDirector
Kathleen M RychlinskiDirector
Lina LeeDirector
Lisa M Bruno-herlineDirector
Mark SchneiderDirector
Pamela GallowayDirector
Sandy DiciccoDirector
Susan Azar Cpcu ArmDirector
Tracy a FlynnDirector
Tara Albaugh2nd Vice CHA
Dawn MdrobnichExecutive Se
Michael J NiehausTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$31,035
Investment Income
$284
Other Revenue
$26,975
Change in Net Assets
$-22,502
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$80,796
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$7,552$1,195-$8,747
Conferences and Meetings$4,683$925-$5,608
Fees for Services Accounting-$4,530-$4,530
Other Expenses$4,469$18,000-$4,469
Insurance-$3,638-$3,638
Fees for Services Legal$3,075--$3,075
Office Expenses$1,631$169-$1,800
Occupancy-$1,048-$1,048
Total Functional Expenses$51,291$29,505$0$80,796
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$111,140
Fundraising Direct Expenses$84,175
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fall and Spring$111,140$111,140$84,175$26,965
Total Events$111,140$111,140$84,175$26,965
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Copy of form 990 is made available to officers and board members.

Form 990, Page 6, Part VI, Line 19

A copy form 990 is available to the public by request.

Filing and Contact Details

Filer

Filer Name
Michigan Self Insurers Association
EIN
23-7162592
Phone
6164563342
Address
124 W ALLEGAN STREET SUITE 1900, LANSING, MI 48933

Signing Officer

Name
Michael Niehaus
Title
Treasurer
Phone
6164563342
Signed
2015-12-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Niehaus
Formed
1952
Legal Domicile
Mi
Voting Board Members
24
Independent Board Members
24
Employees
0

Preparer

Firm
Culver CPA Group
Address
1419 COIT AVE NE, GRAND RAPIDS, MI 49505-4905
Preparer
Duane S Culver CPA
Phone
6164566464
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Professional development 4,294 0 0 executive secretary/other 1,172 0 0 strategic planning expens 1,171 0 0 dues 0 1,080 0 awards and grants 439 0 0 books, subscriptions 249 0 0 consulting 129 0 0 msia connection 88 0 0 banking 0 84 0 registration 0 31 0 miscellaneous 10 0 0

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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COPY OF FORM 990 IS MADE AVAILABLE TO OFFICERS AND BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY FORM 990 IS AVAILABLE TO THE PUBLIC BY REQUEST.
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ReturnHeader/BuildTS02016-04-25 22:37:26Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL NIEHAUS
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ReturnHeader/BusinessOfficerGrp/SignatureDt02015-12-11
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.09$0.20$0.89$1.64$1.59$0.05
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.95$0.03$0.92$1.94$1.58$0.36
2023Detailed filing. Detailed filing data is available for this year.$0.61$0.00$0.61$1.53$1.37$0.17
2022Detailed filing. Detailed filing data is available for this year.$0.45$0.00$0.45$0.92$1.00$0.08
2021Detailed filing. Detailed filing data is available for this year.$0.53$0.00$0.53$0.35$0.59$0.24
2020Detailed filing. Detailed filing data is available for this year.$0.76$0.00$0.76$0.71$1.07$0.36
2019Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.12$1.14$1.52$0.38
2018Detailed filing. Detailed filing data is available for this year.$1.55$0.00$1.55$0.60$0.74$0.15
2017Detailed filing. Detailed filing data is available for this year.$1.70$0.00$1.70$0.45$0.79$0.34
2016Detailed filing. Detailed filing data is available for this year.$2.04$0.00$2.04$0.88$0.70$0.19
2015Detailed filing. Detailed filing data is available for this year.$1.85$0.00$1.85$0.58$0.81$0.23
2014Detailed filing. Detailed filing data is available for this year.$2.09$0.01$2.08$0.78$0.71$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.01$0.00$2.01$0.61
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.08$0.00$2.08$0.56
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.16$0.00$2.16$0.54
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.24$0.00$2.24$0.52