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Filing year 2023

LUTHERAN HOMES OF MICHIGAN FOUNDATION

Saginaw, Michigan·EIN 26-1630687·NTEE L11 · Housing & Shelter·501(c)(3)
Total revenue
$1.2M
Total assets
$11M
Total expenses
$116k
Reported officers
18
Mission

MOTIVATED BY CHRIST'S LOVE, WE ENGAGE PEOPLE AS THEY EXPERIENCE AND EMBRACE THEIR GOD-GIVEN POTENTIAL.

Executive compensation

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations nationwide.

President & CEO
Below 10th percentilevs Housing & Shelter peers in Michigan
$10k
$11k
Vp, CTO
Vice President
Below 10th percentile
$9k
$10k
VP of Marketing, CMO
Vice President
Below 10th percentile
$8k
$9k
VP of Foundation, Cdo
Below 10th percentile
$7k
$8k
Sr. VP Finance and CFO
Below 10th percentile
$4k
$4k

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 13 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at LUTHERAN HOMES OF MICHIGAN FOUNDATION equaled 8% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
8%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter 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 LUTHERAN HOMES OF MICHIGAN FOUNDATION

What does the Chief Executive Officer of LUTHERAN HOMES OF MICHIGAN FOUNDATION earn?

In 2023, the Chief Executive Officer of LUTHERAN HOMES OF MICHIGAN FOUNDATION received $9,685 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Housing & Shelter organizations in Michigan: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Chief Executive Officer pay at LUTHERAN HOMES OF MICHIGAN FOUNDATION compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Michigan, the 2023 pay of the Chief Executive Officer at LUTHERAN HOMES OF MICHIGAN FOUNDATION falls in the bottom 10%. In 2023, the highest total compensation at LUTHERAN HOMES OF MICHIGAN FOUNDATION equaled 8% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are LUTHERAN HOMES OF MICHIGAN FOUNDATION's revenue and expenses?

In 2023, LUTHERAN HOMES OF MICHIGAN FOUNDATION reported $1.2M in total revenue and $116k in total expenses on its IRS Form 990.

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