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Filing year 2024

LEWIS COLLEGE OF BUSINESS

Detroit, Michigan·EIN 38-2048961·NTEE B42 · Education·501(c)(3)
Total revenue
$6.6M
Total assets
$13.7M
Total expenses
$5.1M
Reported officers
13
Mission

LCB SEES A WORLD IN WHICH EVERYBODY IS A STUDENT. DRIVEN BY A PASSION FOR EDUCATION AND AN INSTINCT FOR INGENUITY, LCB AIMS TO REMOVE THE LIMITS OF THE CLASSROOM FOR EVERY STUDENT IN THE WORLD AND MAKE LEARNING A DAILY PRACTICE. LCB ENVISIONS A FUTURE IN WHICH EDUCATION AND OPPORTUNITIES ARE ACCESSIBLE TO ANYONE WHO PREPARES FOR IT. LCB SEES ITSELF AS THE ANSWER TO THE QUESTION, WHAT HAPPENS WHEN PREPARATION MEETS ADVERSITY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations in Michigan.

Chair of Apparel and Accessories
Board Chair
Above 90th percentilevs Education peers nationwide
$300k
$316k
Base
$295k
Bonus
Other
Benefits
$5k
President
75th to 90th percentile
$275k
$290k
Base
$272k
Bonus
Other
Benefits
$3k
Chair of Color and Materials Lab
Board Chair
75th to 90th percentilevs Education peers nationwide
$223k
$236k
Base
$218k
Bonus
Other
Benefits
$5k
Footwear Chair
Board Chair
75th to 90th percentilevs Education peers nationwide
$194k
$204k
Base
$184k
Bonus
Other
Benefits
$10k
Director of Partnerships
Highest Compensated Employee
25th percentile to median
$149k
$157k
Director of Education
Highest Compensated Employee
25th percentile to median
$140k
$148k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at LEWIS COLLEGE OF BUSINESS equaled 6% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
6%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 104%
from 2023

From $147k in 2023 to $300k in 2024.

$147k
2023
$300k
2024
In today's dollarsEst.
Up 98% in real terms$160k to $316k

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Chair pay rose 104% from 2023 to 2024, while revenue fell 48%.

$147k in 2023 to $300k in 2024.
  • Chief Executive Officer pay rose 91% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

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

FAQ

Common questions about LEWIS COLLEGE OF BUSINESS

What does the Board Chair of LEWIS COLLEGE OF BUSINESS earn?

In 2024, the Board Chair of LEWIS COLLEGE OF BUSINESS received $299,629 in total compensation. This pay is in the top 10% for Board Chair roles among Education organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Chair pay at LEWIS COLLEGE OF BUSINESS compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2024 pay of the Board Chair at LEWIS COLLEGE OF BUSINESS falls in the top 10%. In 2024, the highest total compensation at LEWIS COLLEGE OF BUSINESS equaled 6% of the organization's total expenses. The median for education organizations is 7%.

What are LEWIS COLLEGE OF BUSINESS's revenue and expenses?

In 2024, LEWIS COLLEGE OF BUSINESS reported $6.6M in total revenue and $5.1M in total expenses on its IRS Form 990.

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