Compensation Advisory Organization of Michigan
Public records raise at least one point you should look into before giving.
What it says it does
MICHIGAN'S DATA COLLECTION ORGANIZATION (DCO) RESPONSIBLE FOR COLLECTING WORKERS' COMPENSATION POLICY AND CLAIM DATA FOR USE IN PROMULGATING EXPERIENCE MODIFICATION FACTORS, PUBLISHING VOLUNTARY LOSS COSTS FOR MICHIGAN'S VOLUNTARY PROPERTY & CASUALTY INSURANCE MARKET AND ESTABLISHING RATES FOR RESIDUAL MARKET. CAOM IS AUTHORIZED THROUGH THE DATA COLLECTION AGENCY TO SUPPORT THE VOLUNTARY WC MARKET AND OVERSEE THE RESIDUAL MARKET WHICH IS SUPPORTED BY THE MICHIGAN WORKERS' COMPENSATION PLACEMENT FACILITY (MWCPF)
- Income
- $3.8 million
- Spending
- $2.3 million
- Employees
- 36
- Volunteers
- 12
- Highest pay
- $355,926, president
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- CAOM SUPPORTED THEIR DATA COLLECTION RESPONSIBILITIES THROUGH THEIR UNIT STATISTICAL REPORTING AND FINANCIAL DATA CALL INITIATIVES. RECENTLY, CAOM INSTITUTED A NEW INDEMNITY DATA CALL IN ORDER TO OBTAIN DETAILED POLICY AND CLAIM INFORMATION ON INDEMNITY CLAIMS THAT WILL FACILITATE ESTIMATING THE IMPACT OF FUTURE LEGISLATIVE CHANGES. IN ADDITION TO THE DATA COLLECTION, CAOM CONTINUES PROMULGATING EXPERIENCE MODIFICATION FACTORS FOR THE INDUSTRY. FINALLY, CAOM SERVES AS THE PLAN ADMINISTRATOR FOR THE MICHIGAN WORKERS' COMPENSATION PLACEMENT FACILITY WHICH PROVIDES WORKERS' COMPENSATION COVERAGE FOR BUSINESS UNABLE TO PROCURE INSURANCE THROUGH THE VOLUNTARY MARKET
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 1982.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.