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Filing year 2024

INSURANCE ALLIANCE OF MICHIGAN

Lansing, Michigan·EIN 61-1443133·NTEE S41 · Community Improvement & Capacity Building·6
Total revenue
$1.8M
Total assets
$661k
Total expenses
$1.9M
Reported officers
49
Mission

TO CREATE A GREATER PUBLIC AWARENESS OF THE BUSINESS OF INSURANCE AND THE BENEFITS TO THE MICHIGAN ECONOMY OF A PRIVATE ENTREPRENEURIAL INSURANCE AND RISK MANAGEMENT INDUSTRY THROUGH - PUBLIC EDUCATIONAL AND PUBLIC RELATIONS PROGRAMS; SAFETY AND LOSS PREVENTION ACTIVITIES; STRONG PRESS AND MEDIA COMMUNICATIONS; ASSISTANCE TO CONSUMER PROGRAMS; LEGISLATIVE AND LOBBYING EFFORTS; JUDICIAL AND LEGAL OVERVIEW; AND SUCH OTHER ACTIVITIES THAT WILL PROMOTE AN IMPROVED UNDERSTANDING OF THE PURPOSE AND PRINCIPLES OF INSURANCE AND ASSIST THE PUBLIC IN ADDRESSING THEIR BUSINESS AND PERSONAL INSURANCE NEEDS.

Executive compensation, broken down

Form 990 · Schedule J · 1 reported individual · Filing year 2024

$243k
$262k
Base
$195k
Bonus
$30k
Other
Benefits
$2k

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 48 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Up 1%
from 2023

From $240k in 2023 to $243k in 2024.

$240k
2023
$243k
2024
In today's dollarsEst.
Down 1% in real terms$266k to $262k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

INSURANCE ALLIANCE OF MICHIGAN reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.4M
$1.5M
2023
$1.8M
$1.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in Michigan

Comparable community improvement & capacity building organizations in Michigan pay their highest-earning executive a median of $66,858.

25th percentile
$31k
Median
$66,858
75th percentile
$110k
90th percentile
$183k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 68 organizations across 68 filings (2022 – 2023).

See full Community Improvement & Capacity Building pay data for Michigan
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