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Filing year 2024

GRAND RAPIDS AREA CHAMBER OF COMMERCE

Grand Rapids, Minnesota·EIN 41-0658829·6
Total revenue
$390k
Total assets
$332k
Total expenses
$377k
Reported officers
15
Mission

BUSINESS PROMOTION

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

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

President & CEO
Median to 75th percentile
$107k
$115k

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 14 unpaid individuals.

Up 23%
from 2023

From $87k in 2023 to $107k in 2024.

$87k
2023
$107k
2024
In today's dollarsEst.
Up 20% in real terms$96k to $115k

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 23% from 2023 to 2024, while revenue held roughly steady.

$87k in 2023 to $107k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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

Revenue and expenses over time

GRAND RAPIDS AREA CHAMBER OF COMMERCE reported revenue and expenses across 2 filing years.

RevenueExpenses
$390k
$348k
2023
$390k
$377k
2024
Total revenue and total expenses from IRS Form 990 filings.
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 $107,350 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. 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 nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at GRAND RAPIDS AREA CHAMBER OF COMMERCE falls between the median and the 75th percentile.

What are GRAND RAPIDS AREA CHAMBER OF COMMERCE's revenue and expenses?

In 2024, GRAND RAPIDS AREA CHAMBER OF COMMERCE reported $390k in total revenue and $377k in total expenses on its IRS Form 990.

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