Mission
TO ENHANCE THE GLOBAL COMPETITIVENESS OF MICHIGAN'S SMALL TO MEDIUM-SIZED MANUFACTURERS.
Executive compensation, broken down
Form 990 · Schedule J · 9 reported individuals · Filing year 2024
President, Mmtc
$290k
$307k
- Base
- $234k
- Bonus
- $36k
- Other
- $3k
- Benefits
- $5k
Manager Operational Excellence
highest compensated employee
$235k
$248k
- Base
- $161k
- Bonus
- $27k
- Other
- $3k
- Benefits
- $36k
Vice President, Operations
vice president
$219k
$231k
- Base
- $170k
- Bonus
- $2k
- Other
- $3k
- Benefits
- $35k
Vice President, Business Development
vice president
$217k
$230k
- Base
- $152k
- Bonus
- $20k
- Other
- $3k
- Benefits
- $35k
Program Manager, Lean
highest compensated employee
$217k
$229k
- Base
- $153k
- Bonus
- $22k
- Other
- $3k
- Benefits
- $31k
Business Leader Advisor
highest compensated employee
$214k
$226k
- Base
- $149k
- Bonus
- $18k
- Other
- $3k
- Benefits
- $36k
Sr Lean Costing & Proj. Manager
highest compensated employee
$210k
$222k
- Base
- $145k
- Bonus
- $23k
- Other
- $3k
- Benefits
- $31k
Manufacturing Services Manager
highest compensated employee
$178k
$188k
- Base
- $145k
- Bonus
- $20k
- Other
- $3k
- Benefits
- $3k
Controller
officer (unspecified)
$129k
$136k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President, Mmtc | $234k | $36k | $3k | $5k | $290k $307k |
Manager Operational Excellence highest compensated employee | $161k | $27k | $3k | $36k | $235k $248k |
Vice President, Operations vice president | $170k | $2k | $3k | $35k | $219k $231k |
Vice President, Business Development vice president | $152k | $20k | $3k | $35k | $217k $230k |
Program Manager, Lean highest compensated employee | $153k | $22k | $3k | $31k | $217k $229k |
Business Leader Advisor highest compensated employee | $149k | $18k | $3k | $36k | $214k $226k |
Sr Lean Costing & Proj. Manager highest compensated employee | $145k | $23k | $3k | $31k | $210k $222k |
Manufacturing Services Manager highest compensated employee | $145k | $20k | $3k | $3k | $178k $188k |
Controller officer (unspecified) | — | — | — | — | $129k $136k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 11 unpaid individuals.
Held roughly steady
over 3 years
From $300k in 2021 to $290k in 2024.
$300k
2021
$264k
2023
$290k
2024
$300k
2021
$264k
2023
$290k
2024
In today's dollarsEst.
Down 18% in real terms$374k to $307k
Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend
Revenue and expenses over time
INDUSTRIAL TECHNOLOGY INSTITUTE reported revenue and expenses across 3 filing years.
RevenueExpenses
$15.3M
$13.6M
2021
$12M
$11.7M
2023
$13.4M
$12.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
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