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Filing year 2023

ASSOCIATION OF INDEPENDENT MORTGAGE EXPERTS

Clarkston, Michigan·EIN 82-4304490·NTEE S41 · Community Improvement & Capacity Building·501(c)(6)
Total revenue
$5M
Total assets
$620k
Total expenses
$7.3M
Reported officers
6
Mission

TO MAINTAIN AN ASSOCIATION OF EXPERTS EMPOWERED WITH THE TOOLS, RESOURCES, AND SUPPORT TO SUCCESSFULLY ADVISE CONSUMERS NATIONWIDE ON RESIDENTIAL MORTGAGE NEEDS. AIME CULTIVATES IDEAS, PROVIDES EXCLUSIVE BENEFITS, AND IMPACTS LEGISLATIVE AND SOCIAL PROGRESS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.

Chair & CEO
Board Chair
Above 90th percentile
$256k
$278k
Base
$250k
Bonus
Other
Benefits
$6k
Director, SVP Business Dev
Senior Vice President
25th percentile to median
$170k
$185k
Base
$146k
Bonus
Other
Benefits
$24k
President, Treasurer
Median to 75th percentilevs Community Improvement & Capacity Building peers in Michigan
$135k
$147k
VP Marketing
Board Vice President
25th percentile to median
$120k
$131k
Chief of Staff
Highest Compensated Employee
10th to 25th percentile
$120k
$130k
Secretary
Officer (Unspecified)
$28k
$31k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at ASSOCIATION OF INDEPENDENT MORTGAGE EXPERTS equaled 4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
4%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 47%
from 2022

From $485k in 2022 to $256k in 2023.

$485k
2022
$256k
2023
In today's dollarsEst.
Down 50% in real terms$559k to $278k

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Chair pay fell 47% from 2022 to 2023, while revenue fell 43%.

$485k in 2022 to $256k in 2023.
  • Chief Executive Officer pay fell 30% from 2022 to 2023.
  • Board Vice President pay rose 4% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about ASSOCIATION OF INDEPENDENT MORTGAGE EXPERTS

What does the Board Chair of ASSOCIATION OF INDEPENDENT MORTGAGE EXPERTS earn?

In 2023, the Board Chair of ASSOCIATION OF INDEPENDENT MORTGAGE EXPERTS received $255,859 in total compensation. This pay is in the top 10% for Board Chair roles among Community Improvement & Capacity Building organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Chair pay at ASSOCIATION OF INDEPENDENT MORTGAGE EXPERTS compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2023 pay of the Board Chair at ASSOCIATION OF INDEPENDENT MORTGAGE EXPERTS falls in the top 10%. In 2023, the highest total compensation at ASSOCIATION OF INDEPENDENT MORTGAGE EXPERTS equaled 4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are ASSOCIATION OF INDEPENDENT MORTGAGE EXPERTS's revenue and expenses?

In 2023, ASSOCIATION OF INDEPENDENT MORTGAGE EXPERTS reported $5M in total revenue and $7.3M in total expenses on its IRS Form 990.

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