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Filing year 2024

LAKE MICHIGAN SAIL RACING FEDERATION INC

Grand Rapids, Michigan·EIN 36-3104415·NTEE N7XZ · Recreation & Sports·501(c)(3)
Total revenue
$35k
Total assets
$911k
Total expenses
$56k
Reported officers
8
Mission

SAILING INSTRUCTION AND RACING ACTIVITIES

Reported officers (all unpaid)

No paid executives reported in 2024. LAKE MICHIGAN SAIL RACING FEDERATION INC reported 8 unpaid officers and board members on its 990.

Commodore
Vice Commodore
Secretary
Past Commodore
Vice Commodore
Treasurer
Vice Commodore
Vice Commodore
Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at LAKE MICHIGAN SAIL RACING FEDERATION INC equaled 38% of the organization's total expenses. The median for recreation & sports organizations is 8%.

This organization (2023)
38%
Sector median
8%
Middle half of sector
4% to 16%

Based on 7,435 recreation & sports organizations, each measured at its most recent filing year with reported expenses and compensation.

Financial trend

Revenue and expenses over time

LAKE MICHIGAN SAIL RACING FEDERATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$63k
$58k
2023
$35k
$56k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Recreation & Sports executives earn in Michigan

LAKE MICHIGAN SAIL RACING FEDERATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable recreation & sports organization in Michigan earns a median of $43,538.

25th percentile
$9k
Median
$43,538
75th percentile
$92k
90th percentile
$163k

These are recreation & sports sector-wide figures, not this organization's reported pay. Based on 188 organizations across 188 filings (2021 – 2024).

See full Recreation & Sports pay data for Michigan

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FAQ

Common questions about LAKE MICHIGAN SAIL RACING FEDERATION INC

What are LAKE MICHIGAN SAIL RACING FEDERATION INC's revenue and expenses?

In 2024, LAKE MICHIGAN SAIL RACING FEDERATION INC reported $35k in total revenue and $56k in total expenses on its IRS Form 990.

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