STIMULATION OF ECONOMIC DEVELOPMENT THROUGHOUT THE STATE OF MICHIGAN BY PROMOTING AND ASSISTING GROWTH AND DEVELOPMENT OF BUSINESS CONCERNS BY OFFERING FIXED ASSET FINANCING THROUGH THE SMALL BUSINESS ADMINISTRATION'S 504 LOAN PROGRAM.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $220k
- Bonus
- —
- Other
- —
- Benefits
- —
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President 75th to 90th percentile | $220k | — | — | — | $220k $243k |
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 8 unpaid individuals.
Up 12%
from 2022
From $196k in 2022 to $220k in 2023.
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.
Chief Executive Officer pay rose 12% from 2022 to 2023, while revenue rose 20%.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Revenue and expenses over time
GREAT LAKES COMMERCIAL FINANCE reported revenue and expenses across 2 filing years.
Common questions about GREAT LAKES COMMERCIAL FINANCE
What does the Chief Executive Officer of GREAT LAKES COMMERCIAL FINANCE earn?
In 2023, the Chief Executive Officer of GREAT LAKES COMMERCIAL FINANCE received $220,000 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at GREAT LAKES COMMERCIAL FINANCE compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at GREAT LAKES COMMERCIAL FINANCE falls between the 75th and 90th percentiles.
What are GREAT LAKES COMMERCIAL FINANCE's revenue and expenses?
In 2023, GREAT LAKES COMMERCIAL FINANCE reported $2.5M in total revenue and $1.7M in total expenses on its IRS Form 990.
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