MICHIGAN PROFESSIONAL CREDENTIAL V… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Principal Officer

LAUCHLIN MACGREGOR

Phone

5173371351

Tax Period

2023-12-01 to 2024-11-30

MICHIGAN PROFESSIONAL CREDENTIAL VERIFICATION SERVICES INC, founded in 1992, is a small nonprofit that reported $525K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $472K left a modest 10% surplus.

Mission

PROVIDES PRIMARY SOURCE CREDENTIAL VERIFICATION FOR HOSPITALS, PHYSICIAN PRACTICES, HEALTH PLANS AND OTHER HEALTH CARE ORGANIZATIONS.

Program Service Accomplishments

Program 1

PROFESSIONAL CREDENTIAL VERIFICATION PERFORMED FOR VARIOUS HOSPITALS AND RELATED ORGANIZATIONS TO PROMOTE COMPETENCE OF HEALTH CARE PROVIDERS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $520,007

Investment Income $4,544

Other Revenue $162

TOTAL REVENUE $524,713

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,502

Fundraising Expenses $0

Other Expenses $458,551

TOTAL EXPENSES $472,053

Year-over-Year Comparison

	2023	2022	Change
Revenue	$524,713	$454,775	+0.2%
Expenses	$472,053	$469,853	+0.0%
Net Income	$52,660	$-15,078	-4.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$747,128

Total Directors

$306,579

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRADLEY J UREN MD	BOARD MEMBER	1.00	Director	$0	$0	$0
BRIAN R STORK MD	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN A WATERS MD	TREASURER	1.00	Officer Director	$0	$0	$0
THOMAS M GEORGE MD	SECRETARY	1.00	Officer Director	$0	$4,937	$306,579
PAUL D BOZYK MD	PRESIDENT/CHAIR	1.00	Officer Director	$0	$0	$0
REBECCA BLAKE	CEO	5.00	Officer	$0	$33,340	$181,984
LAUCHLIN MACGREGOR CPA	CFO	1.50	Officer	$0	$38,408	$258,565

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$524,713	$472,053	$534,321	$52,660
2023	$454,775	$469,853	$484,817	$-15,078
2022	$422,645	$380,937	$493,394	$41,708
2021	$542,867	$463,428	$452,918	$79,439
2020	$535,382	$524,554	$376,273	$10,828
2019	$670,440	$954,174	$169,063	$-283,734
2018	$914,794	$877,383	$546,894	$37,411

MICHIGAN PROFESSIONAL CREDENTIAL VERIFICATION SERVICES INC