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Filing year 2023

LAKELAND POST-RETIREMENT MEDICAL TRUST

Grand Rapids, Michigan·EIN 46-2332843·NTEE Y20 · Mutual & Membership Benefit·501(c)(9)
Total revenue
$461k
Total assets
$18.3M
Total expenses
$53k
Reported officers
4
Mission

THE TRUST WAS ESTABLISHED TO FUND THE POSTRETIREMENT OBLIGATION OF LAKELAND REGIONAL HEALTH SYSTEM.

Executive compensation

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.

Trustee
Board Member
Above 90th percentile
$157k
$174k
Trustee
Board Member
Above 90th percentile
$123k
$136k
Trustee
Board Member
Median to 75th percentile
$47k
$52k
Trustee
Board Member
Median to 75th percentile
$47k
$52k

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 Mutual & Membership Benefit

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at LAKELAND POST-RETIREMENT MEDICAL TRUST equaled 298% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2023)
298%
Sector median
4%
Middle half of sector
0.9% to 13%

Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about LAKELAND POST-RETIREMENT MEDICAL TRUST

What does the Board Member of LAKELAND POST-RETIREMENT MEDICAL TRUST earn?

In 2023, the Board Member of LAKELAND POST-RETIREMENT MEDICAL TRUST received $157,127 in total compensation. This pay is in the top 10% for Board Member roles among Mutual & Membership Benefit organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at LAKELAND POST-RETIREMENT MEDICAL TRUST compare with similar nonprofits?

Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2023 pay of the Board Member at LAKELAND POST-RETIREMENT MEDICAL TRUST falls in the top 10%. In 2023, the highest total compensation at LAKELAND POST-RETIREMENT MEDICAL TRUST equaled 298% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are LAKELAND POST-RETIREMENT MEDICAL TRUST's revenue and expenses?

In 2023, LAKELAND POST-RETIREMENT MEDICAL TRUST reported $461k in total revenue and $53k in total expenses on its IRS Form 990.

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