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Filing year 2023

Equipment and Tool Institute

Farmington Hills, Michigan·EIN 38-1268971·501(c)(6)
Total revenue
$981k
Total assets
$1M
Total expenses
$1.4M
Reported officers
16
Mission

To promote closer relationships among automotive equipment tool manufacturers including technical information providers. To promote information exchange between auto manufacturers and members for the benefit of consumers as well as members.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Executive Manager
Key Employee
Median to 75th percentile
$186k
$203k
Base
$174k
Bonus
$12k
Other
Benefits
Technical Director
Key Employee
Median to 75th percentile
$161k
$176k
Base
$151k
Bonus
$11k
Other
Benefits

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 14 unpaid individuals.

FAQ

Common questions about Equipment and Tool Institute

What does the Key Employee of Equipment and Tool Institute earn?

In 2023, the Key Employee of Equipment and Tool Institute received $186,305 in total compensation. This pay is above the median (the midpoint) for Key Employee roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Key Employee pay at Equipment and Tool Institute compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Key Employee at Equipment and Tool Institute falls between the median and the 75th percentile.

What are Equipment and Tool Institute's revenue and expenses?

In 2023, Equipment and Tool Institute reported $981k in total revenue and $1.4M in total expenses on its IRS Form 990.

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