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Filing year 2024

BUSINESS LEADERS FOR MICHIGAN FOUNDATION

Detroit, Michigan·EIN 23-7101167·NTEE S200 · Community Improvement & Capacity Building·3
Total revenue
$738k
Total assets
$2.4M
Total expenses
$534k
Reported officers
112
Mission

BUSINESS LEADERS FOR MICHIGAN IS A NONPROFIT, NONPARTISAN STATEWIDE ORGANIZATION DRIVEN BY CEOS FROM THE STATE'S LEADING EMPLOYERS, ALL WORKING TOWARD A SHARED GOAL: MAKING MICHIGAN A TOP 10 STATE FOR JOBS, TALENT AND A THRIVING ECONOMY. GUIDED BY RESEARCH AND DIVERSE PERSPECTIVES, WE DEVELOP STRATEGIES, SHAPE PUBLIC POLICY AND DRIVE INITIATIVES THAT BRING PEOPLE AND IDEAS TOGETHER TO IGNITE CHANGE - FOR GROWTH, SHARED PROSPERITY AND LASTING PROGRESS.

Executive compensation

Form 990 · Schedule J · 6 reported individuals · Filing year 2024

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

President
Median to 75th percentilevs Community Improvement & Capacity Building peers in Michigan
$123k
$130k
Vice President
25th percentile to median
$42k
$44k
Vice President
25th percentile to median
$39k
$42k
Vice President
25th percentile to median
$38k
$40k
Coo/treasurer/secretary
25th percentile to median
$32k
$33k
Chief of Staff
Key Employee
Below 10th percentile
$12k
$12k

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 106 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at BUSINESS LEADERS FOR MICHIGAN FOUNDATION equaled 23% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
23%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,143 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Top compensation, year by year

From $39k in 2023 to $123k in 2024.

$39k
2023
$123k
2024
In today's dollarsEst.
Up 204% in real terms$43k to $130k

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

Chief Executive Officer pay rose 439% from 2023 to 2024, while revenue rose 51%.

$23k in 2023 to $123k in 2024.
  • Vice President pay rose 7% from 2023 to 2024.
  • Chief Financial Officer pay rose 33% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 BUSINESS LEADERS FOR MICHIGAN FOUNDATION

What does the Chief Executive Officer of BUSINESS LEADERS FOR MICHIGAN FOUNDATION earn?

In 2024, the Chief Executive Officer of BUSINESS LEADERS FOR MICHIGAN FOUNDATION received $122,715 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Michigan, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at BUSINESS LEADERS FOR MICHIGAN FOUNDATION compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Michigan, the 2024 pay of the Chief Executive Officer at BUSINESS LEADERS FOR MICHIGAN FOUNDATION falls between the median and the 75th percentile. In 2024, the highest total compensation at BUSINESS LEADERS FOR MICHIGAN FOUNDATION equaled 23% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are BUSINESS LEADERS FOR MICHIGAN FOUNDATION's revenue and expenses?

In 2024, BUSINESS LEADERS FOR MICHIGAN FOUNDATION reported $738k in total revenue and $534k in total expenses on its IRS Form 990.

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