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Filing year 2024

GRAND RAPIDS DOWNTOWN MARKET EDUCATION FOUNDATION

Grand Rapids, Michigan·EIN 46-1052597·NTEE K99 · Food, Agriculture & Nutrition·501(c)(3)
Total revenue
$1.1M
Total assets
$662k
Total expenses
$1.6M
Reported officers
4
Mission

TO SUPPORT EDUCATIONAL ACTIVITIES AND PROGRAMS CONDUCTED BY OR IN CONNECTION WITH THE GRAND RAPIDS DOWNTOWN MARKET, INC., A MICHIGAN NONPROFIT CORPORATION, INCLUDING, BUT NOT LIMITED TO EDUCATIONAL ACTIVITIES AND PROGRAMS DIRECTED AT (I) CULINARY AND NUTRITION EDUCATION; TRAINING AND ENTREPRENEURSHIP, (II) FOOD PRODUCTION AND GARDENING, (III) OBESITY PREVENTION, (IV) WELLNESS, AND (V) ACCESS TO AND PROMOTION OF FRESH HEALTHY FOODS. TO SOLICIT, RECEIVE AND ADMINISTER FUNDS EXCLUSIVELY FOR SUCH EDUCATIONAL AND CHARITABLE PURPOSES.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Food, Agriculture & Nutrition organizations in Michigan.

Executive Di
10th to 25th percentile
$18k
$19k

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 3 unpaid individuals.

Browse compensation in Food, Agriculture & Nutrition

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at GRAND RAPIDS DOWNTOWN MARKET EDUCATION FOUNDATION equaled 1% of the organization's total expenses. The median for food, agriculture & nutrition organizations is 8%.

This organization (2024)
1%
Sector median
8%
Middle half of sector
3% to 19%

Based on 2,784 food, agriculture & nutrition organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 3%
from 2023

From $19k in 2023 to $18k in 2024.

$19k
2023
$18k
2024
In today's dollarsEst.
Down 6% in real terms$21k to $19k

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 fell 3% from 2023 to 2024, while revenue fell 46%.

$19k in 2023 to $18k 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about GRAND RAPIDS DOWNTOWN MARKET EDUCATION FOUNDATION

What does the Chief Executive Officer of GRAND RAPIDS DOWNTOWN MARKET EDUCATION FOUNDATION earn?

In 2024, the Chief Executive Officer of GRAND RAPIDS DOWNTOWN MARKET EDUCATION FOUNDATION received $18,118 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Food, Agriculture & Nutrition organizations in Michigan, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at GRAND RAPIDS DOWNTOWN MARKET EDUCATION FOUNDATION compare with similar nonprofits?

Compared with the same role at Food, Agriculture & Nutrition organizations in Michigan, the 2024 pay of the Chief Executive Officer at GRAND RAPIDS DOWNTOWN MARKET EDUCATION FOUNDATION falls between the 10th and 25th percentiles. In 2024, the highest total compensation at GRAND RAPIDS DOWNTOWN MARKET EDUCATION FOUNDATION equaled 1% of the organization's total expenses. The median for food, agriculture & nutrition organizations is 8%.

What are GRAND RAPIDS DOWNTOWN MARKET EDUCATION FOUNDATION's revenue and expenses?

In 2024, GRAND RAPIDS DOWNTOWN MARKET EDUCATION FOUNDATION reported $1.1M in total revenue and $1.6M in total expenses on its IRS Form 990.

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