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 · Part VII & Schedule J · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Michigan.
- Base
- $195k
- Bonus
- $30k
- Other
- —
- Benefits
- $2k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Executive Di 75th to 90th percentile | $195k | $30k | — | $2k | $243k $262k |
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 →
Top pay as a share of expenses
In 2024, the highest total compensation at INSURANCE ALLIANCE OF MICHIGAN equaled 13% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 1%
from 2023
From $240k in 2023 to $243k in 2024.
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 1% from 2023 to 2024, while revenue rose 33%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about INSURANCE ALLIANCE OF MICHIGAN
What does the Chief Executive Officer of INSURANCE ALLIANCE OF MICHIGAN earn?
In 2024, the Chief Executive Officer of INSURANCE ALLIANCE OF MICHIGAN received $243,339 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 INSURANCE ALLIANCE OF MICHIGAN compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations in Michigan, the 2024 pay of the Chief Executive Officer at INSURANCE ALLIANCE OF MICHIGAN falls between the 75th and 90th percentiles. In 2024, the highest total compensation at INSURANCE ALLIANCE OF MICHIGAN equaled 13% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are INSURANCE ALLIANCE OF MICHIGAN's revenue and expenses?
In 2024, INSURANCE ALLIANCE OF MICHIGAN reported $1.8M in total revenue and $1.9M in total expenses on its IRS Form 990.
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