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 · Part VII & Schedule J · 9 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Human Services organizations in Michigan.
| Position | Total |
|---|---|
Executive Director 25th percentile to median | $82k $91k |
Programs Coordinator Program Coordinator Median to 75th percentilevs Human Services peers nationwide | $38k $42k |
Finance Coordinator Key Employee 10th to 25th percentilevs Human Services peers nationwide | $26k $29k |
Director Board Member Below 10th percentile | $500 $552 |
Director Officer (Unspecified) | $400 $442 |
Chairman Board Chair Below 10th percentilevs Human Services peers nationwide | $350 $387 |
Director Officer (Unspecified) | $350 $387 |
Director Board Member Below 10th percentile | $250 $276 |
Director Board Member Below 10th percentile | $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.
Top pay as a share of expenses
In 2023, the highest total compensation at LAKE SUPERIOR COMMUNITY DEVELOPMENT CORPORATION equaled 14% of the organization's total expenses. The median for human services organizations is 8%.
Based on 26,698 human services organizations, each measured at its most recent filing year with reported expenses and compensation.
Down 38%
from 2022
From $134k in 2022 to $82k in 2023.
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 fell 15% from 2022 to 2023, while revenue fell 25%.
- Program Coordinator pay rose 630% from 2022 to 2023.
- Key Employee pay fell 2% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about LAKE SUPERIOR COMMUNITY DEVELOPMENT CORPORATION
What does the Chief Executive Officer of LAKE SUPERIOR COMMUNITY DEVELOPMENT CORPORATION earn?
In 2023, the Chief Executive Officer of LAKE SUPERIOR COMMUNITY DEVELOPMENT CORPORATION received $82,384 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Human Services organizations in Michigan, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at LAKE SUPERIOR COMMUNITY DEVELOPMENT CORPORATION compare with similar nonprofits?
Compared with the same role at Human Services organizations in Michigan, the 2023 pay of the Chief Executive Officer at LAKE SUPERIOR COMMUNITY DEVELOPMENT CORPORATION falls between the 25th percentile and the median. In 2023, the highest total compensation at LAKE SUPERIOR COMMUNITY DEVELOPMENT CORPORATION equaled 14% of the organization's total expenses. The median for human services organizations is 8%.
What are LAKE SUPERIOR COMMUNITY DEVELOPMENT CORPORATION's revenue and expenses?
In 2023, LAKE SUPERIOR COMMUNITY DEVELOPMENT CORPORATION reported $906k in total revenue and $582k in total expenses on its IRS Form 990.
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