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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Michigan Automobile Insurance Placement Facility

Michigan Automobile Insurance Placement Facility

Fiscal year ending 2018. Filed on November 15, 2019.

C/o Aipso 302 Central Avenue
Johnston, Rhode Island 02919

Michigan Automobile Insurance Placement Facility (EIN: 38-6090344) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2018 IRS Form 990 filing, Michigan Automobile Insurance Placement Facility, a 501(c)(6) business league, reported compensation for 3 out of 25 total employees. Among the employees shown here, the average compensation is $167,159. The highest compensated employee at Michigan Automobile Insurance Placement Facility is Mark Wagenschutz with fiscal year 2018 compensation of $198,275.

Revenue, expenses, and employee compensation

Revenue

$39,020,728

Expenses

$46,092,692

Employee compensation

$2,941,895
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mark Wagenschutz
Executive Director
$198,275
$155,599 No related comp$42,676
Holli Lajoice
Director of Assigned Claims
$156,631
$119,891 No related comp$36,740
Tina Nacy
Operations Director
$146,570
$113,969 No related comp$32,601

Benchmark Employee Compensation

Non-Employee Board Members

Leroy Bostic
Governance Committee Member
$1,800
$1,800 No related compNo other comp
Tom Humphreys
Governance Committee Member
$900
$900 No related compNo other comp
Sheila Brake
Governance Committee Member
$600
$600 No related compNo other comp
Will Lemanski
Governance Committee Member
$450
$450 No related compNo other comp
Auto-Owners Ins Co
Governance Committee Member
No compensation reported
Amerisure Mutual Ins Co
Governance Committee Member
No compensation reported
Allstate Ins Co
Governance Committee Member
No compensation reported
Auto Club Ins Association
Governance Committee Member
No compensation reported
Citizens Ins Co
Governance Committee Member
No compensation reported
State Farm Mutual Auto Ins
Governance Committee Member
No compensation reported

Mission Statement

See attached note.

Revisions to this organization profile

October 3, 2025:
2024 Michigan Automobile Insurance Placement Facility 990 filed
November 2, 2024:
2023 Michigan Automobile Insurance Placement Facility 990 filed
November 15, 2023:
2022 Michigan Automobile Insurance Placement Facility 990 filed

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