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Filing year 2024

Grand Rapids Area Chamber of Commerce

Grand Rapids, Michigan·EIN 38-0592500·NTEE S41 · Community Improvement & Capacity Building·501(c)(6)
Total revenue
$5.6M
Total assets
$9.9M
Total expenses
$6.1M
Reported officers
29

Executive compensation, broken down

Form 990 · Part VII & 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.

CEO
Above 90th percentilevs Community Improvement & Capacity Building peers in Michigan
$367k
$394k
Base
$280k
Bonus
$56k
Other
Benefits
$15k
VP of Sales and Marketing
Board Vice President
Median to 75th percentile
$221k
$237k
Base
$174k
Bonus
$27k
Other
Benefits
$11k
Sr. Vice President of Advocacy & Strategic Engagement
Board Vice President
Median to 75th percentile
$179k
$193k
Base
$133k
Bonus
$18k
Other
Benefits
$20k
VP of Finance and Operations
Vice President
75th to 90th percentile
$173k
$186k
Base
$138k
Bonus
$18k
Other
Benefits
$10k
VP of Government Affairs
Board Vice President
25th percentile to median
$141k
$151k
Director of Development
25th percentile to median
$123k
$132k

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.

Plus 23 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 Grand Rapids Area Chamber of Commerce equaled 6% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

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

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Climbed 14%
over 2 years

From $322k in 2022 to $367k in 2024.

$322k
2022
$338k
2023
$367k
2024
In today's dollarsEst.
Up 7% in real terms$369k to $394k

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

Chief Executive Officer pay rose 14% from 2022 to 2024, while revenue rose 21%.

$322k in 2022 to $367k in 2024.
  • Board Vice President pay rose 2% from 2022 to 2024.
  • Vice President pay rose 21% from 2022 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 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 Grand Rapids Area Chamber of Commerce

What does the Chief Executive Officer of Grand Rapids Area Chamber of Commerce earn?

In 2024, the Chief Executive Officer of Grand Rapids Area Chamber of Commerce received $366,721 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Michigan: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Grand Rapids Area Chamber of Commerce 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 Grand Rapids Area Chamber of Commerce falls in the top 10%. In 2024, the highest total compensation at Grand Rapids Area Chamber of Commerce equaled 6% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are Grand Rapids Area Chamber of Commerce's revenue and expenses?

In 2024, Grand Rapids Area Chamber of Commerce reported $5.6M in total revenue and $6.1M in total expenses on its IRS Form 990.

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