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Filing year 2024

CARPENTERS' GUARANTY FUND

Northville, Michigan·EIN 38-6238334·NTEE Y99 · Mutual & Membership Benefit·5
Total revenue
$218k
Total assets
$1.7M
Total expenses
$42k
Reported officers
13
Mission

THE CARPENTERS GUARANTY FUND IS CRAFTED FOR THE PURPOSE OF NEGOTIATING COLLECTIVELY BARGAINED AGREEMENTS WITH OTHER ASSOCIATIONS AND INDIVIDUAL EMPLOYERS WHICH REQUIRE EITHER THAT SECURITY DEPOSITS BE MADE TO THE FUND OR THAT AN ASSOCIATION STAND SURETY FOR SOME OR ALL OF ITS MEMEBRS OR BOTH FOR THE REPRESENTATION, ORGANIZING AND BARGAINING OF MICHIGAN REGIONAL COUNCIL OF CARPENTERS, IN COMPLIANCE WITH A COLLECTIVELY BARGAINED AGREEMENT THROUGH THE TAFT-HARTLEY ACT.

Executive compensation

Form 990 · Schedule J · 7 reported individuals · Filing year 2024

Chairman
board chair
$120k
$126k
Trustee
board member
$119k
$125k
Trustee
board member
$100k
$106k
Trustee
board member
$99k
$105k
Trustee
board member
$88k
$92k
Trustee
board member
$87k
$92k
Trustee
board member
$87k
$92k

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 6 unpaid individuals.

Browse compensation in Mutual & Membership Benefit

Held steady
from 2023

From $119k in 2023 to $120k in 2024.

$119k
2023
$120k
2024
In today's dollarsEst.
Down 2% in real terms$129k to $126k

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

CARPENTERS' GUARANTY FUND reported revenue and expenses across 2 filing years.

RevenueExpenses
$235k
$40k
2023
$218k
$42k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Mutual & Membership Benefit executives earn

Comparable mutual & membership benefit organizations nationwide pay their highest-earning executive a median of $19,468.

25th percentile
$6k
Median
$19,468
75th percentile
$79k
90th percentile
$193k

These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 294 organizations across 294 filings (2021 – 2023).

See full Mutual & Membership Benefit compensation data
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