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Filing year 2023

FLORENCE E HERMAN TRUST

Kalamazoo, Michigan·EIN 38-6567414·NTEE D112 · Animal-Related·3
Total revenue
$80k
Total assets
$1.6M
Total expenses
$121k
Reported officers
1
Mission

DISTRIBUTIONS ARE PAID TO NAMED CHARITY PER TERMS OF THE GOVERNING DOCUMENT TO HELP DEFRAY EXPENSES OF THE CHARITY.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Animal-Related organizations nationwide.

Trustee
Board Member
25th percentile to median
$15k
$17k

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 Animal-Related

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at FLORENCE E HERMAN TRUST equaled 12% of the organization's total expenses. The median for animal-related organizations is 8%.

This organization (2023)
12%
Sector median
8%
Middle half of sector
4% to 15%

Based on 3,519 animal-related organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 9%
from 2022

From $14k in 2022 to $15k in 2023.

$14k
2022
$15k
2023
In today's dollarsEst.
Up 5% in real terms$16k to $17k

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.

Pay for the position

Board Member pay rose 9% from 2022 to 2023, while revenue rose 23%.

$14k in 2022 to $15k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

Revenue and expenses over time

FLORENCE E HERMAN TRUST reported revenue and expenses across 2 filing years.

RevenueExpenses
$65k
$141k
2022
$80k
$121k
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Animal-Related executives earn in Michigan

Comparable animal-related organizations in Michigan pay their highest-earning executive a median of $54,711.

25th percentile
$20k
Median
$54,711
75th percentile
$110k
90th percentile
$130k

These are animal-related sector-wide figures, not this organization's reported pay. Based on 81 organizations across 81 filings (2022 – 2024).

See full Animal-Related pay data for Michigan
FAQ

Common questions about FLORENCE E HERMAN TRUST

What does the Board Member of FLORENCE E HERMAN TRUST earn?

In 2023, the Board Member of FLORENCE E HERMAN TRUST received $15,015 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Animal-Related organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at FLORENCE E HERMAN TRUST compare with similar nonprofits?

Compared with the same role at Animal-Related organizations nationwide, the 2023 pay of the Board Member at FLORENCE E HERMAN TRUST falls between the 25th percentile and the median. In 2023, the highest total compensation at FLORENCE E HERMAN TRUST equaled 12% of the organization's total expenses. The median for animal-related organizations is 8%.

What are FLORENCE E HERMAN TRUST's revenue and expenses?

In 2023, FLORENCE E HERMAN TRUST reported $80k in total revenue and $121k in total expenses on its IRS Form 990.

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