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Filing year 2023

BAC of Michigan Health and Welfare Fund

Troy, Michigan·EIN 38-2073681·9
Total revenue
$27.8M
Total assets
$24.9M
Total expenses
$26M
Reported officers
17

Executive compensation

Form 990 · Schedule J · 8 reported individuals · Filing year 2023

Chairman
board chair
$60k
$65k
Trustee
board member
$53k
$58k
Trustee
board member
$48k
$53k
Trustee
board member
$48k
$53k
Trustee
board member
$48k
$53k
Trustee
board member
$48k
$53k
Trustee
board member
$48k
$53k
Trustee
board member
$48k
$52k

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.

Plus 9 unpaid individuals.

Up 4%
from 2022

From $57k in 2022 to $60k in 2023.

$57k
2022
$60k
2023
In today's dollarsEst.
Down 2% in real terms$66k to $65k

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.

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

Revenue and expenses over time

BAC of Michigan Health and Welfare Fund reported revenue and expenses across 2 filing years.

RevenueExpenses
$25.5M
$22.8M
2022
$27.8M
$26M
2023
Total revenue and total expenses from IRS Form 990 filings.
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