Civic Intelligence

Michigan Insurance Coalition

990 • Fiscal year 2014 • EIN 27-0000547

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 03, 2015

120 West Ottawa Street Suite 2Lansing, MI 48933-1544

(517) 372-2560

Siviq Scores

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

Liabilities / Assets

71st percentile

0.37x

Higher debt load relative to assets than 71% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

36th percentile

0.10x

Higher debt load relative to revenue than 36% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Net Margin

78th percentile

12%

Higher net margin than 78% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

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

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Asset Growth

97th percentile

83%

Faster asset growth than 97% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

94th percentile

45%

Faster revenue growth than 94% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$277,566

Up $125,736 (+83%) from 2013

Net Assets

Up

$175,448

Up $122,391 (+231%) from 2013

Liabilities

Up

$102,118

Up $3,345 (+3.4%) from 2013

Revenue

Up

$1,006,334

Up $313,686 (+45%) from 2013

Expenses

Up

$883,943

Up $128,175 (+17%) from 2013

Net Income

Up

$122,391

Up $185,511 (+294%) from 2013

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2010: $153,356Liabilities 2010: $0Net Assets 2010: $153,3562010Assets 2012: $130,371Liabilities 2012: $14,194Net Assets 2012: $116,1772012Assets 2013: $151,830Liabilities 2013: $98,773Net Assets 2013: $53,0572013Assets 2014: $277,566Liabilities 2014: $102,118Net Assets 2014: $175,4482014Assets 2015: $477,653Liabilities 2015: $113,788Net Assets 2015: $363,8652015Assets 2016: $483,270Liabilities 2016: $113,788Net Assets 2016: $369,4822016Assets 2017: $446,075Liabilities 2017: $113,788Net Assets 2017: $332,2872017Assets 2018: $0Liabilities 2018: $113,788Net Assets 2018: -$113,7882018

Highlighted filing

2014

Assets$277,566
Liabilities$102,118
Net Assets$175,448

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $334,2022010Expenses 2012: $930,9532012Revenue 2013: $692,648Expenses 2013: $755,768Net Income 2013: -$63,1202013Revenue 2014: $1,006,334Expenses 2014: $883,943Net Income 2014: $122,3912014Revenue 2015: $642,079Expenses 2015: $453,662Net Income 2015: $188,4172015Revenue 2016: $887,830Expenses 2016: $882,213Net Income 2016: $5,6172016Revenue 2017: $339,500Expenses 2017: $376,695Net Income 2017: -$37,1952017Revenue 2018: $0Expenses 2018: $417,380Net Income 2018: -$417,3802018

Highlighted filing

2014

Revenue$1,006,334
Expenses$883,943
Net Income$122,391
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 3, 2015
Return Version
2014v5.0
Gross Receipts
$1,006,334
Mission and Program Overview

Mission

Provide lobbying activities for insurance companies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$151,830$277,566▲ $125,736
Rtn Earn Endowment Incm Other Fnds$53,057$175,448▲ $122,391
Total Assets$151,830$277,566▲ $125,736
Liabilities
Accounts Payable and Accrued Expenses$98,773$102,118▲ $3,345
Total Liabilities$98,773$102,118▲ $3,345
Net Assets / Fund Balance
Total Net Assets Fund Balance$53,057$175,448▲ $122,391
Total Liabilities and Net Assets / Fund Balance$151,830$277,566▲ $125,736
Compensation and Service Providers

Board Members and Trustees

NameTitle
Amy MassChairperson
Kurt GallingerVice Chairma
Eric MusserTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,006,334
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$122,391
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$883,943
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
Fees for Services Lobbying$110,000--$110,000
Advertising$70,049--$70,049
Fees for Services Legal$33,748--$33,748
Conferences and Meetings$26,417--$26,417
Insurance$5,283--$5,283
Information Technology$3,578--$3,578
Fees for Services Accounting$375--$375
Travel$271--$271
Office Expenses$142--$142
Other Expenses$80--$80
Total Functional Expenses$883,943$0$0$883,943
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
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
No
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

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Michigan Insurance Coalition
EIN
27-0000547
Phone
5173722560
Address
120 WEST OTTAWA STREET SUITE 2, LANSING, MI 48933-1544

Signing Officer

Name
Kurt Gallinger
Title
Vice-chairman
Phone
5173722560
Signed
2015-11-03
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Mi
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Simplified Accounting & Tax Service Inc
Address
1120 KEYSTONE AVE, LANSING, MI 48911-5491
Preparer
David F Edelman CPA
Phone
5178822441
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

LOBBYING ACTIVITIES

Raw XML Appendix235 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings