Set Incorporated

Organization Overview

Set Incorporated is located in East Lansing, MI. The organization was established in 1983. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Set Incorporated is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 01/2022, Set Incorporated generated $4.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $5.7m during the year ending 01/2022. While expenses have increased by 12.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE INSURANCE SERVICES FOR MEMBERS

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION ADMINISTERS, SERVICES, AND PROMOTES INSURANCE FOR THE BENEFITS OF EMPLOYEES OF EDUCATIONAL INSTITUTIONS WITHIN THE STATE OF MICHIGAN.


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Board, Officers & Key Employees

Name (title)Compensation
Jeff Crouse
President
$1,500
Janice Holz
Director
$1,500
Peter Kudlak
Director
$1,500
Nick Ceglarek
Vice President
$1,200
Tina Kerr
Director
$1,200
Donald Wotruba
Secretary/treasurer
$600

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$3,372,946
Investment income $394,499
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $16,500
Net Gain/Loss on Asset Sales $284,452
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,068,397

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