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Filing year 2023

LAKE SUPERIOR COMMUNITY DEVELOPMENT CORPORATION

Lanse, Michigan·EIN 36-4616294·NTEE P50 · Human Services·3
Total revenue
$906k
Total assets
$4.4M
Total expenses
$582k
Reported officers
9
Mission

COMMUNITY DEVELOPMENT ACTIVITIES IMPROVING THE SOCIAL AND ECONOMIC CONDITIONS OF ECONOMICALLY DISADVANTAGED PERSONS AND RESIDENTS OF DISTRESSED COMMUNITIES. ACTIVITIES INCLUDE THE PROVISION OF FINANCIAL PRODUCTS, DEVELOPMENT SERVICES, AND/OR FINANCIAL PROGRAMS.

Executive compensation

Form 990 · Schedule J · 9 reported individuals · Filing year 2023

Executive Director
$82k
$91k
Programs Coordinator
key employee
$38k
$42k
Finance Coordinator
key employee
$26k
$29k
Director
board member
$500
$552
Director
officer (unspecified)
$400
$442
Director
officer (unspecified)
$350
$387
Chairman
board chair
$350
$387
Director
board member
$250
$276
Director
board member
$250
$276

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.

Browse compensation in Human Services

Down 38%
from 2022

From $134k in 2022 to $82k in 2023.

$134k
2022
$82k
2023
In today's dollarsEst.
Down 41% in real terms$153k to $91k

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

LAKE SUPERIOR COMMUNITY DEVELOPMENT CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.2M
$333k
2022
$906k
$582k
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Human Services executives earn in Michigan

Comparable human services organizations in Michigan pay their highest-earning executive a median of $70,717.

25th percentile
$34k
Median
$70,717
75th percentile
$123k
90th percentile
$222k

These are human services sector-wide figures, not this organization's reported pay. Based on 212 organizations across 212 filings (2022 – 2023).

See full Human Services pay data for Michigan
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