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<br /> State Bar of Michigan<br /> ANNUAL FINANCIAL REPORT<br /> Audited Financial Statements and<br /> Other Supplementary Information<br /> Year Ended September 30, 2017<br /> With Report of Independent Auditors<br /> FY 2017 STRATEGIC PLAN<br /> GOAL 1<br /> The State Bar of Michigan provides<br /> resources to help all of its members<br /> achieve professional excellence and<br /> success in the practice of law.<br /> GOAL 2<br /> The State Bar of Michigan<br /> champions access to justice, and<br /> builds public trust and confidence<br /> in the justice system in Michigan.<br /> GOAL 3<br /> The State Bar of Michigan maintains<br /> the highest conduct among its<br /> members, and initiates and advocates<br /> for improvements that facilitate<br /> accessible, timely justice.<br /> GOAL 4<br /> The State Bar of Michigan<br /> structures itself to achieve its<br /> strategic goals in a responsive and<br /> cost-efficien<a title="SBM_AnnualFinancialReport2017 page 1" href="http://viewer.zmags.com/publication/4711a02d?page=1"> State Bar of Michigan ANNUAL FINANCIAL REPORT Au</a> <a title="SBM_AnnualFinancialReport2017 page 2" href="http://viewer.zmags.com/publication/4711a02d?page=2"> State Bar of Michigan | ANNUAL FINANCIAL REPORT F</a> <a title="SBM_AnnualFinancialReport2017 page 3" href="http://viewer.zmags.com/publication/4711a02d?page=3"> State Bar of Michigan | ANNUAL FINANCIAL REPORT F</a> <a title="SBM_AnnualFinancialReport2017 page 4" href="http://viewer.zmags.com/publication/4711a02d?page=4"> State Bar of Michigan | ANNUAL FINANCIAL REPORT F</a> <a title="SBM_AnnualFinancialReport2017 page 5" href="http://viewer.zmags.com/publication/4711a02d?page=5"> State Bar of Michigan | ANNUAL FINANCIAL REPORT F</a> <a title="SBM_AnnualFinancialReport2017 page 6" href="http://viewer.zmags.com/publication/4711a02d?page=6"> State Bar of Michigan | ANNUAL FINANCIAL REPORT F</a> <a title="SBM_AnnualFinancialReport2017 page 7" href="http://viewer.zmags.com/publication/4711a02d?page=7"> State Bar of Michigan | ANNUAL FINANCIAL REPORT F</a> <a title="SBM_AnnualFinancialReport2017 page 8" href="http://viewer.zmags.com/publication/4711a02d?page=8"> State Bar of Michigan | ANNUAL FINANCIAL REPORT F</a> <a title="SBM_AnnualFinancialReport2017 page 9" href="http://viewer.zmags.com/publication/4711a02d?page=9"> State Bar of Michigan | ANNUAL FINANCIAL REPORT F</a> <a title="SBM_AnnualFinancialReport2017 page 10" href="http://viewer.zmags.com/publication/4711a02d?page=10"> Audited Financial Statements and Other Su</a> <a title="SBM_AnnualFinancialReport2017 page 11" href="http://viewer.zmags.com/publication/4711a02d?page=11"> State Bar of Michigan Audited Financial </a> <a title="SBM_AnnualFinancialReport2017 page 12" href="http://viewer.zmags.com/publication/4711a02d?page=12"> State Bar of Michigan Retiree Health Care Plan: </a> <a title="SBM_AnnualFinancialReport2017 page 13" href="http://viewer.zmags.com/publication/4711a02d?page=13"> Introductory Section</a> <a title="SBM_AnnualFinancialReport2017 page 14" href="http://viewer.zmags.com/publication/4711a02d?page=14"> December 15, 2017 Honorable Stephen J. Markman Ch</a> <a title="SBM_AnnualFinancialReport2017 page 15" href="http://viewer.zmags.com/publication/4711a02d?page=15"> an applicant portal to provide seamless communica</a> <a title="SBM_AnnualFinancialReport2017 page 16" href="http://viewer.zmags.com/publication/4711a02d?page=16"> Pro Hac Vice Processing During FY 2017, the Stat</a> <a title="SBM_AnnualFinancialReport2017 page 17" href="http://viewer.zmags.com/publication/4711a02d?page=17"> Public Policy The State Bar’s public policy </a> <a title="SBM_AnnualFinancialReport2017 page 18" href="http://viewer.zmags.com/publication/4711a02d?page=18"> Services to the sections were enhanced and review</a> <a title="SBM_AnnualFinancialReport2017 page 19" href="http://viewer.zmags.com/publication/4711a02d?page=19"> Promoting Diversity and Collaboration in the Prof</a> <a title="SBM_AnnualFinancialReport2017 page 20" href="http://viewer.zmags.com/publication/4711a02d?page=20"> Beginning in April, a MI Free Legal Answers pilot</a> <a title="SBM_AnnualFinancialReport2017 page 21" href="http://viewer.zmags.com/publication/4711a02d?page=21"> Member Directory Important changes to the State </a> <a title="SBM_AnnualFinancialReport2017 page 22" href="http://viewer.zmags.com/publication/4711a02d?page=22"> APPROVED FY 2018 BUDGET The State Bar Board of C</a> <a title="SBM_AnnualFinancialReport2017 page 23" href="http://viewer.zmags.com/publication/4711a02d?page=23"> FY 2017 STATE BAR OF MICHIGAN BOARD OF COMMISSION</a> <a title="SBM_AnnualFinancialReport2017 page 24" href="http://viewer.zmags.com/publication/4711a02d?page=24"> Overview of the State Bar of Michigan STATE BAR </a> <a title="SBM_AnnualFinancialReport2017 page 25" href="http://viewer.zmags.com/publication/4711a02d?page=25"> STATE BAR PROGRAMS AND MEMBERSHIP SERVICES The S</a> <a title="SBM_AnnualFinancialReport2017 page 26" href="http://viewer.zmags.com/publication/4711a02d?page=26"> Operating a Lawyers and Judges Assistance P</a> <a title="SBM_AnnualFinancialReport2017 page 27" href="http://viewer.zmags.com/publication/4711a02d?page=27"> Administering a Client Protection Fund that provi</a> <a title="SBM_AnnualFinancialReport2017 page 28" href="http://viewer.zmags.com/publication/4711a02d?page=28"> MEMBERSHIP AND AFFILIATE STATISTICS During FY 20</a> <a title="SBM_AnnualFinancialReport2017 page 29" href="http://viewer.zmags.com/publication/4711a02d?page=29"> Financial Section</a> <a title="SBM_AnnualFinancialReport2017 page 30" href="http://viewer.zmags.com/publication/4711a02d?page=30"> ANDREWS HOOPER PAVLIK PLC 4295 OKEMOS ROAD | SUIT</a> <a title="SBM_AnnualFinancialReport2017 page 31" href="http://viewer.zmags.com/publication/4711a02d?page=31"> year then ended, in accordance with accounting pr</a> <a title="SBM_AnnualFinancialReport2017 page 32" href="http://viewer.zmags.com/publication/4711a02d?page=32"> State Bar of Michigan Management’s Discussion an</a> <a title="SBM_AnnualFinancialReport2017 page 33" href="http://viewer.zmags.com/publication/4711a02d?page=33"> State Bar of Michigan Management’s Discussion an</a> <a title="SBM_AnnualFinancialReport2017 page 34" href="http://viewer.zmags.com/publication/4711a02d?page=34"> State Bar of Michigan Management’s Discussion an</a> <a title="SBM_AnnualFinancialReport2017 page 35" href="http://viewer.zmags.com/publication/4711a02d?page=35"> State Bar of Michigan Management’s Discussion an</a> <a title="SBM_AnnualFinancialReport2017 page 36" href="http://viewer.zmags.com/publication/4711a02d?page=36"> State Bar of Michigan Management’s Discussion an</a> <a title="SBM_AnnualFinancialReport2017 page 37" href="http://viewer.zmags.com/publication/4711a02d?page=37"> State Bar of Michigan Management’s Discussion an</a> <a title="SBM_AnnualFinancialReport2017 page 38" href="http://viewer.zmags.com/publication/4711a02d?page=38"> State Bar of Michigan Management’s Discussion an</a> <a title="SBM_AnnualFinancialReport2017 page 39" href="http://viewer.zmags.com/publication/4711a02d?page=39"> Basic Financial Statements</a> <a title="SBM_AnnualFinancialReport2017 page 40" href="http://viewer.zmags.com/publication/4711a02d?page=40"> Assets Current assets: Cash Investments Accoun</a> <a title="SBM_AnnualFinancialReport2017 page 41" href="http://viewer.zmags.com/publication/4711a02d?page=41"> State Bar of Michigan Statement of Revenue, Expe</a> <a title="SBM_AnnualFinancialReport2017 page 42" href="http://viewer.zmags.com/publication/4711a02d?page=42"> State Bar of Michigan Statement of Cash Flows Y</a> <a title="SBM_AnnualFinancialReport2017 page 43" href="http://viewer.zmags.com/publication/4711a02d?page=43"> State Bar of Michigan Fiduciar</a> <a title="SBM_AnnualFinancialReport2017 page 44" href="http://viewer.zmags.com/publication/4711a02d?page=44"> Additions Contributions Investment gain Total ad</a> <a title="SBM_AnnualFinancialReport2017 page 45" href="http://viewer.zmags.com/publication/4711a02d?page=45"> State Bar of Michigan Notes to Financial Stateme</a> <a title="SBM_AnnualFinancialReport2017 page 46" href="http://viewer.zmags.com/publication/4711a02d?page=46"> State Bar of Michigan Notes to Financial Stateme</a> <a title="SBM_AnnualFinancialReport2017 page 47" href="http://viewer.zmags.com/publication/4711a02d?page=47"> State Bar of Michigan Notes to Financial Stateme</a> <a title="SBM_AnnualFinancialReport2017 page 48" href="http://viewer.zmags.com/publication/4711a02d?page=48"> State Bar of Michigan Notes to Financial Stateme</a> <a title="SBM_AnnualFinancialReport2017 page 49" href="http://viewer.zmags.com/publication/4711a02d?page=49"> State Bar of Michigan Notes to Financial Stateme</a> <a title="SBM_AnnualFinancialReport2017 page 50" href="http://viewer.zmags.com/publication/4711a02d?page=50"> State Bar of Michigan Notes to Financial Stateme</a> <a title="SBM_AnnualFinancialReport2017 page 51" href="http://viewer.zmags.com/publication/4711a02d?page=51"> State Bar of Michigan Notes to Financial Stateme</a> <a title="SBM_AnnualFinancialReport2017 page 52" href="http://viewer.zmags.com/publication/4711a02d?page=52"> State Bar of Michigan Notes to Financial Stateme</a> <a title="SBM_AnnualFinancialReport2017 page 53" href="http://viewer.zmags.com/publication/4711a02d?page=53"> State Bar of Michigan Notes to Financial Stateme</a> <a title="SBM_AnnualFinancialReport2017 page 54" href="http://viewer.zmags.com/publication/4711a02d?page=54"> State Bar of Michigan Notes to Financial Stateme</a> <a title="SBM_AnnualFinancialReport2017 page 55" href="http://viewer.zmags.com/publication/4711a02d?page=55"> State Bar of Michigan Notes to Financial Stateme</a> <a title="SBM_AnnualFinancialReport2017 page 56" href="http://viewer.zmags.com/publication/4711a02d?page=56"> State Bar of Michigan Notes to Financial Stateme</a> <a title="SBM_AnnualFinancialReport2017 page 57" href="http://viewer.zmags.com/publication/4711a02d?page=57"> State Bar of Michigan Notes to Financial Stateme</a> <a title="SBM_AnnualFinancialReport2017 page 58" href="http://viewer.zmags.com/publication/4711a02d?page=58"> State Bar of Michigan Notes to Financial Stateme</a> <a title="SBM_AnnualFinancialReport2017 page 59" href="http://viewer.zmags.com/publication/4711a02d?page=59"> State Bar of Michigan Notes to Financial Stateme</a> <a title="SBM_AnnualFinancialReport2017 page 60" href="http://viewer.zmags.com/publication/4711a02d?page=60"> State Bar of Michigan Notes to Financial Stateme</a> <a title="SBM_AnnualFinancialReport2017 page 61" href="http://viewer.zmags.com/publication/4711a02d?page=61"> State Bar of Michigan Notes to Financial Stateme</a> <a title="SBM_AnnualFinancialReport2017 page 62" href="http://viewer.zmags.com/publication/4711a02d?page=62"> State Bar of Michigan Notes to Financial Stateme</a> <a title="SBM_AnnualFinancialReport2017 page 63" href="http://viewer.zmags.com/publication/4711a02d?page=63"> State Bar of Michigan Notes to Financial Stateme</a> <a title="SBM_AnnualFinancialReport2017 page 64" href="http://viewer.zmags.com/publication/4711a02d?page=64"> State Bar of Michigan Notes to Financial Stateme</a> <a title="SBM_AnnualFinancialReport2017 page 65" href="http://viewer.zmags.com/publication/4711a02d?page=65"> State Bar of Michigan Notes to Financial Stateme</a> <a title="SBM_AnnualFinancialReport2017 page 66" href="http://viewer.zmags.com/publication/4711a02d?page=66"> State Bar of Michigan Notes to Financial Stateme</a> <a title="SBM_AnnualFinancialReport2017 page 67" href="http://viewer.zmags.com/publication/4711a02d?page=67"> State Bar of Michigan Notes to Financial Stateme</a> <a title="SBM_AnnualFinancialReport2017 page 68" href="http://viewer.zmags.com/publication/4711a02d?page=68"> State Bar of Michigan Notes to Financial Stateme</a> <a title="SBM_AnnualFinancialReport2017 page 69" href="http://viewer.zmags.com/publication/4711a02d?page=69"> Required Supplementary Information</a> <a title="SBM_AnnualFinancialReport2017 page 70" href="http://viewer.zmags.com/publication/4711a02d?page=70"> State Bar of Michigan Required Supplementary Inf</a> <a title="SBM_AnnualFinancialReport2017 page 71" href="http://viewer.zmags.com/publication/4711a02d?page=71"> State Bar of Michigan Required Supplementary Inf</a> <a title="SBM_AnnualFinancialReport2017 page 72" href="http://viewer.zmags.com/publication/4711a02d?page=72"> State Bar of Michigan Required Supplementary Inf</a> <a title="SBM_AnnualFinancialReport2017 page 73" href="http://viewer.zmags.com/publication/4711a02d?page=73"> State Bar of Michigan Required Supplementary Inf</a> <a title="SBM_AnnualFinancialReport2017 page 74" href="http://viewer.zmags.com/publication/4711a02d?page=74"> State Bar of Michigan Required Supplementary Inf</a> <a title="SBM_AnnualFinancialReport2017 page 75" href="http://viewer.zmags.com/publication/4711a02d?page=75"> Other Supplementary Information</a> <a title="SBM_AnnualFinancialReport2017 page 76" href="http://viewer.zmags.com/publication/4711a02d?page=76"> State Bar of Michigan Schedule of Revenue and Ex</a> <a title="SBM_AnnualFinancialReport2017 page 77" href="http://viewer.zmags.com/publication/4711a02d?page=77"> State Bar of Michigan Comparative Statement of N</a> <a title="SBM_AnnualFinancialReport2017 page 78" href="http://viewer.zmags.com/publication/4711a02d?page=78"> State Bar of Michigan Schedule of Revenue, Expen</a> <a title="SBM_AnnualFinancialReport2017 page 79" href="http://viewer.zmags.com/publication/4711a02d?page=79"> State Bar of Michigan Schedule of Revenue, Expen</a> <a title="SBM_AnnualFinancialReport2017 page 80" href="http://viewer.zmags.com/publication/4711a02d?page=80"> State Bar of Michigan Schedule of Revenue, Expen</a> <a title="SBM_AnnualFinancialReport2017 page 81" href="http://viewer.zmags.com/publication/4711a02d?page=81"> State Bar of Michigan Schedule of Revenue, Expen</a> <a title="SBM_AnnualFinancialReport2017 page 82" href="http://viewer.zmags.com/publication/4711a02d?page=82"> State Bar of Michigan Historical Financial Summa</a> <a title="SBM_AnnualFinancialReport2017 page 83" href="http://viewer.zmags.com/publication/4711a02d?page=83"> State Bar of Michigan Historical Financial Summa</a>