Executive compensation
Form 990-PF · Part VIII · 4 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Michigan.
| Position | Total |
|---|---|
President Board President Below 10th percentile | $400 $442 |
Treasurer Board Treasurer Below 10th percentile | $400 $442 |
Secretary Board Secretary Below 10th percentile | $400 $442 |
Chairman Board Chair Below 10th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide | $400 $442 |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2023, the highest total compensation at FIRST FEDERAL OF NORTHERN MICHIGAN LEGACY FOUNDATION equaled 0.2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.
Grants paid
Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.
Total granted
$215k
Itemized grants
23
Median grant
$4k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| CITY OF ALPENA | ALPENA, MI | CULLIGAN PLAZA GRANT | $85k |
| THUNDER BAY THEATRE | ALPENA, MI | GRANT | $35k |
| ALPENA YOUTH CENTER | ALPENA, MI | EXPANSION GRANT | $20k |
| BOYS AND GIRLS CLUB OF ALPENA | ALPENA, MI | GRANT | $10k |
| THE SUNSET PROJECT | ALPENA, MI | GRANT | $10k |
| THUNDER BAY RIVER CENTER | ALPENA, MI | GRANT | $10k |
| UNITED WAY OF NE MICHIGAN | ALPENA, MI | GRANT | $6k |
| COUNTY OF ALPENA | ALPENA, MI | GRANT | $5k |
| THUNDER BAY BROWN TROUT | ALPENA, MI | GRANT | $5k |
| LONG RAPIDS TOWNSHIP | LACHINE, MI | ROPE RESCUE HARNESS UPGRADE | $4k |
| ROGERS CITY POLICE DEPARTMENT | ROGERS CITY, MI | GRANT | $4k |
| HEADWATERS LAND CONSERVANCY | GAYLORD, MI | NATURE CLEAN UP/TRAILS | $4k |
| COMMUNITY FOUNDATION FOR NE MI | ALPENA, MI | SCHOLARSHIPS | $3k |
| ALPENA STREET PERFORMERS | ALPENA, MI | MUSIC IN DOWNTOWN AREA | $2k |
| CHARTER TOWNSHIP OF ALPENA FD | ALPENA, MI | GRANT | $2k |
| FRIENDS OF TB NATIONAL MARINE SANCTUARY | ALPENA, MI | GRANT | $2k |
| HABITAT FOR HUMANITY NORTHEAST MI | ALPENA, MI | GRANT | $2k |
| HUBBARD LAKE BIBLE CHURCH FOOD PANT | HUBBARD LAKE, MI | GRANT | $2k |
| IOSCO COUNTY COATS FOR KIDS | TAWAS CITY, MI | COATS FOR "BIG" KIDS | $2k |
| ALPENA COUNTY LIBRARY | ALPENA, MI | GRANT | $1k |
| BAY VIEW CENTER | ALPENA, MI | GRANT | $500 |
| FOSTER CLOSET OF NORTHERN MICHIGAN | ALPENA, MI | GRANT | $500 |
| LYDIA'S GATE | MIO, MI | GRANT | $495 |
This is a private foundation. Peers are foundations of similar asset size (No assets reported), because foundation pay scales with assets under management, not revenue.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about FIRST FEDERAL OF NORTHERN MICHIGAN LEGACY FOUNDATION
What does the Board President of FIRST FEDERAL OF NORTHERN MICHIGAN LEGACY FOUNDATION earn?
In 2023, the Board President of FIRST FEDERAL OF NORTHERN MICHIGAN LEGACY FOUNDATION received $400 in total compensation. This pay is in the bottom 10% for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Michigan: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.
How does Board President pay at FIRST FEDERAL OF NORTHERN MICHIGAN LEGACY FOUNDATION compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Michigan, the 2023 pay of the Board President at FIRST FEDERAL OF NORTHERN MICHIGAN LEGACY FOUNDATION falls in the bottom 10%. In 2023, the highest total compensation at FIRST FEDERAL OF NORTHERN MICHIGAN LEGACY FOUNDATION equaled 0.2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are FIRST FEDERAL OF NORTHERN MICHIGAN LEGACY FOUNDATION's revenue and expenses?
In 2023, FIRST FEDERAL OF NORTHERN MICHIGAN LEGACY FOUNDATION reported $5k in total revenue and $246k in total expenses on its IRS Form 990.
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This is a private foundation. Peers are foundations of similar asset size (No assets reported), because foundation pay scales with assets under management, not revenue.
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