Michigan Association of Realtors

Nonprofit profile at a glance

EIN
380829980
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Lansing, MI, USA
Phone
5173728890
Rating confidence
Limited

Official website

Reported finances

Revenue
$10,159,112
Expenses
$8,253,276
Assets
$27,588,236
Liabilities
$3,604,386

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

30 people listed

Executive titles in this filing

  • CHRISTOPHER GERMAIN (PRESIDENT)
  • ROBERT M CAMPAU (CEO/COO)

Highest reported compensation

  • ROBERT M CAMPAU (CEO/COO): $688,517 total reported compensation
  • BRADLEY WARD (VP OF PUBLIC POLICY & LEGAL): $517,002 total reported compensation
  • BRIAN WESTRIN (GENERAL COUNSEL): $360,656 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Michigan association of realtors exists to serve its members by advancing the interests of real estate professionals and promoting private property rights. It is the recognized public policy and legal advocate for private property rights for the real estate industry and the recognized statewide resource clearinghouse for professional development, knowledge exchange and business services.

What it reported doing in 2025

Ce marketplace is a one-stop destination for certified, audit protected, professional development for real estate instructors, course sponsors, and licensees. The ce marketplace assists real estate licensees with tracking continuing education hours for state of Michigan licensing requirements. Ce marketplace has the most current, comprehensive, and practical real estate education information available from course instructors and class sponsors. Significant resources have been utilized in the building of this comprehensive ce tracking system. The Michigan legislature has recognized the role that professional organizations, like Michigan realtors play in upholding the high standards of professionalism among practitioners. In the current year there were 269 ce certified instructors, 1,832 ce certified courses, 3,981 ce courses held, and 2,444 licensees activating records in the ce marketplace.

Operating model

Revenue model
Earned-program. 90% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 80
  • Accountability: 90
  • Sustainability: 63
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 88.9%; rating input score 89; 4th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 66.7%; rating input score 67; 19th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 90.9%; rating input score 91; 19th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 18.8%; rating input score 74; 74th percentile among comparable filings
  • Total-asset coverage ratio: 3.34; rating input score 69; 69th percentile among comparable filings
  • Liabilities to assets ratio: 0.13; rating input score 62; 62nd percentile among comparable filings
  • Officer compensation ratio: 29.5%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 6.5% per year; rating input score 100; 53rd percentile among comparable filings
  • Asset growth: 10.6% per year; rating input score 100; 70th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 20 of 22 board members independent · 8 of 9 filing controls reported
  • Programs: 3 filed program accomplishments
  • Leadership: top reported pay $689K · 30 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $228K reported
  • Consistency: 11 of 12 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 15 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 14 filed money-flow records
  • Related organizations: 7 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • High — Sustainability: Officer compensation ratio scored 2/100.