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Filing year 2024

LOCAL FIRST OF WEST MICHIGAN

Grand Rapids, Michigan·EIN 37-2042023·NTEE S41 · Community Improvement & Capacity Building·6
Total revenue
$594k
Total assets
$61k
Total expenses
$538k
Reported officers
6
Mission

WE LEAD THE DEVELOPMENT OF AN ECONOMY GROUNDED IN LOCAL OWNERSHIP THAT MEETS THE BASIC NEEDS OF PEOPLE, BUILDS LOCAL WEALTH AND SOCIAL CAPITAL, FUNCTIONS IN HARMONY WITH OUR ECOSYSTEM, AND ENCOURAGES JOYFUL COMMUNITY.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Treasurer
officer (unspecified)
$100k
$108k

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.

Plus 5 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Held steady
from 2023

From $99k in 2023 to $100k in 2024.

$99k
2023
$100k
2024
In today's dollarsEst.
Down 2% in real terms$109k to $108k

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.

Among peers

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

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