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Filing year 2023

GREATER GRATIOT DEVELOPMENT INC

Ithaca, Michigan·EIN 38-2221284·NTEE S31Z · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$635k
Total assets
$2.9M
Total expenses
$566k
Reported officers
7
Mission

TO RETAIN, EXPAND, AND ATTRACT BUSINESS & INDUSTRY AND TO PARTICIPATE IN ACTIVITIES WHICH ENHANCE THE ECONOMIC CLIMATE WITHIN THE GRATIOT COMMUNITY.

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 Community Improvement & Capacity Building organizations in Michigan.

President
75th to 90th percentile
$176k
$195k
Base
$137k
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 6 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at GREATER GRATIOT DEVELOPMENT INC equaled 31% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
31%
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.

Funded by

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

Up 4%
from 2022

From $170k in 2022 to $176k in 2023.

$170k
2022
$176k
2023
In today's dollarsEst.
Roughly flat in real terms$195k to $195k

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 4% from 2022 to 2023, while revenue rose 10%.

$170k in 2022 to $176k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 GREATER GRATIOT DEVELOPMENT INC

What does the Chief Executive Officer of GREATER GRATIOT DEVELOPMENT INC earn?

In 2023, the Chief Executive Officer of GREATER GRATIOT DEVELOPMENT INC received $176,197 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Michigan, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at GREATER GRATIOT DEVELOPMENT INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Michigan, the 2023 pay of the Chief Executive Officer at GREATER GRATIOT DEVELOPMENT INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at GREATER GRATIOT DEVELOPMENT INC equaled 31% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are GREATER GRATIOT DEVELOPMENT INC's revenue and expenses?

In 2023, GREATER GRATIOT DEVELOPMENT INC reported $635k in total revenue and $566k in total expenses on its IRS Form 990.

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