Overview
What is Michigan Automobile Insurance Placement Facility?
Michigan Automobile Insurance Placement Facility (MACP) is a nonprofit organization based in Michigan that manages the Michigan Assigned Claims Plan. As mandated by the Michigan No Fault Statute, MACP provides Personal Injury Protection benefits to entitled parties involved in motor vehicle accidents. The facility conducts a preliminary assessment to determine eligibility for these benefits. In essence, MACP serves as a vital resource for ensuring appropriate compensation for those affected by motor vehicle accidents in Michigan.
Official website here: www.maipf.org
Is Michigan Automobile Insurance Placement Facility legitimate?
Michigan Automobile Insurance Placement Facility is a legitimate nonprofit organization registered as a 501(c)(6) entity. Michigan Automobile Insurance Placement Facility submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $325,687
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,496,987
For more financial information, click here
What is the mission statement of Michigan Automobile Insurance Placement Facility?
The Michigan Automobile Insurance Placement Facility serves a crucial role in ensuring that entitled parties receive Personal Injury Protection benefits following motor vehicle accidents, as required by Michigan's No Fault Statute. This facility, often referred to as MACP, conducts a preliminary assessment for these claims. In essence, MACP acts as an intermediary, providing essential benefits to individuals involved in automobile accidents. The organization's primary objective is to offer financial security and support to those in need after motor vehicle incidents.
Official website here: www.maipf.org
Who is the CEO of Michigan Automobile Insurance Placement Facility?
Kimberly Bezy is the Executive Director of Michigan Automobile Insurance Placement Facility.
Official website here: www.maipf.org
What is the revenue of Michigan Automobile Insurance Placement Facility?
Michigan Automobile Insurance Placement Facility's revenue in 2022 was $24,306,711.
Official website here: www.maipf.org
Who are the executives of Michigan Automobile Insurance Placement Facility and what are their salaries?
The average compensation at Michigan Automobile Insurance Placement Facility during 2022 was $74,281. There are 38 employees and 7 volunteers at Michigan Automobile Insurance Placement Facility.
Here are 15 key members and their salaries:
- Kimberly Bezy (Executive Director)
- Holli Lajoice (Director Of Assigned Claims)
- Bret Scott (Operations Manager)
- Colleen Walker (Litigation Manager)
- Robert Macdonald (Gov Comm Member) [Trustee/Director]
- John Lindemayer (Gov Comm Member) [Trustee/Director]
- Ray Moulden (Gov Comm Member) [Trustee/Director]
- Will Lemanski (Gov Comm Member) [Trustee/Director]
- Allstate Ins Co (Gov Comm Member) [Trustee/Director]
- Amerisure Mutual Ins Co (Gov Comm Member) [Trustee/Director]
- Auto Club Ins Association (Gov Comm Member) [Trustee/Director]
- Auto-Owners Ins Co (Gov Comm Member) [Trustee/Director]
- Hanover Ins Co (Gov Comm Member) [Trustee/Director]
- Farm Bureau Ins (Gov Comm Member) [Trustee/Director]
- State Farm Mutual Auto Ins (Gov Comm Member) [Trustee/Director]
Official website here: www.maipf.org
Where can I find the form 990 for Michigan Automobile Insurance Placement Facility?
The Michigan Automobile Insurance Placement Facility’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.maipf.org
Learn more at the official website: www.maipf.org
Mission Statement of Michigan Automobile Insurance Placement Facility
Michigan Automobile Insurance Placement Facility, often referred to as MACP, plays a crucial role in the Michigan motor vehicle accident scene by administering the Michigan Assigned Claims Plan. This nonprofit organization is mandated by the Michigan No Fault Statute to offer Personal Injury Protection benefits to entitled parties involved in such accidents.
Upon the occurrence of a motor vehicle accident, MACP conducts a preliminary assessment. Through this assessment, they determine and provide essential Personal Injury Protection benefits to parties affected by the accident. These benefits are designed to ensure that individuals receive necessary medical care and financial support during their recovery process. By managing the Michigan Assigned Claims Plan, MACP serves as a safety net for those in need, allowing them to focus on their healing rather than worrying about the financial implications of their injuries.
MACP's mission is grounded in the principles of fairness and compassion. By offering Personal Injury Protection benefits, they ensure that individuals receive timely access to critical medical care and financial assistance. Their role in the accident scene not only provides immediate relief but also contributes to long-term recovery and stability for those affected. Overall, Michigan Automobile Insurance Placement Facility is an essential service that offers vital support to individuals during their time of need, making a significant difference in the lives of those involved in motor vehicle accidents.
Impact
This information is meant to be a general summary of Michigan Automobile Insurance Placement Facility. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Michigan Automobile Insurance Placement Facility's impact lies in its administration of the Michigan Assigned Claims Plan, providing Personal Injury Protection benefits to entitled parties affected by motor vehicle accidents as mandated by the Michigan No Fault Statute. The facility conducts a preliminary assessment to ensure that those in need receive the necessary support and benefits in such challenging situations.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Premiums Earned
Revenue
$21,124,220
Assigned Claims Service Income
Revenue
$3,281,752
Organization Details
Founding Year
1943
Phone
(401) 946-2310
Principal Officer
Kimberly Bezy
Main Address
c/o AIPSO 302 CENTRAL AVENUE, JOHNSTON, RI, 029194932
Website
www.maipf.org
NTEE Category
Code: Y20 - Mutual benefit
If you are a representative of Michigan Automobile Insurance Placement Facility and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.