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Filing year 2024

GRAND TRAVERSE REGIONAL COMMUNITY FOUNDATION

Traverse City, Michigan·EIN 38-3056434·NTEE T310 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$9.9M
Total assets
$105.4M
Total expenses
$5.4M
Reported officers
34
Mission

WE INVEST IN THE PEOPLE AND PLACES OF OUR REGION AND STEWARD COMMUNITY ASSETS FOR LASTING IMPACT.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Michigan.

President and Chief Execut
75th to 90th percentile
$170k
$183k
Base
$158k
Bonus
Other
Benefits
Chief Operating Officer
25th percentile to medianvs Philanthropy, Voluntarism & Grantmaking peers nationwide
$127k
$137k
Base
$118k
Bonus
Other
Benefits
Vice President Community Impact
Board Vice President
Median to 75th percentile
$109k
$117k
Base
$101k
Bonus
Other
Benefits

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 31 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at GRAND TRAVERSE REGIONAL COMMUNITY FOUNDATION equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
3%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking 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.

Held steady
from 2023

From $171k in 2023 to $170k in 2024.

$171k
2023
$170k
2024
In today's dollarsEst.
Down 3% in real terms$188k to $183k

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 held roughly steady from 2023 to 2024, while revenue rose 100%.

$171k in 2023 to $170k 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 TRAVERSE REGIONAL COMMUNITY FOUNDATION

What does the Chief Executive Officer of GRAND TRAVERSE REGIONAL COMMUNITY FOUNDATION earn?

In 2024, the Chief Executive Officer of GRAND TRAVERSE REGIONAL COMMUNITY FOUNDATION received $170,180 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Michigan, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at GRAND TRAVERSE REGIONAL COMMUNITY FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Michigan, the 2024 pay of the Chief Executive Officer at GRAND TRAVERSE REGIONAL COMMUNITY FOUNDATION falls between the 75th and 90th percentiles. In 2024, the highest total compensation at GRAND TRAVERSE REGIONAL COMMUNITY FOUNDATION equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are GRAND TRAVERSE REGIONAL COMMUNITY FOUNDATION's revenue and expenses?

In 2024, GRAND TRAVERSE REGIONAL COMMUNITY FOUNDATION reported $9.9M in total revenue and $5.4M in total expenses on its IRS Form 990.

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