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Filing year 2024

MACKINAC ISLAND COMMUNITY FOUNDATION

MacKinac Island, Michigan·EIN 38-3179612·NTEE T31 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$3.9M
Total assets
$21.9M
Total expenses
$1.4M
Reported officers
12
Mission

THE MACKINAC ISLAND COMMUNITY FOUNDATION PROMOTES THE GENERAL WELL-BEING OF ISLAND RESIDENTS AND VISITORS, BY WORKING IN COMMUNITY PARTNERSHIPS TO GENERATE ENDOWED AND UN-ENDOWED FUNDS AND STIMULATE COMMUNITY-WIDE INITIATIVES.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Michigan.

Executive Director
25th percentile to median
$72k
$78k

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 11 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at MACKINAC ISLAND COMMUNITY FOUNDATION equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
5%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking 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 3%
from 2023

From $70k in 2023 to $72k in 2024.

$70k
2023
$72k
2024
In today's dollarsEst.
Roughly flat in real terms$78k to $78k

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.

Pay for the position

Chief Executive Officer pay rose 3% from 2023 to 2024, while revenue rose 96%.

$70k in 2023 to $72k in 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 MACKINAC ISLAND COMMUNITY FOUNDATION

What does the Chief Executive Officer of MACKINAC ISLAND COMMUNITY FOUNDATION earn?

In 2024, the Chief Executive Officer of MACKINAC ISLAND COMMUNITY FOUNDATION received $72,406 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Michigan, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MACKINAC ISLAND COMMUNITY FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Michigan, the 2024 pay of the Chief Executive Officer at MACKINAC ISLAND COMMUNITY FOUNDATION falls between the 25th percentile and the median. In 2024, the highest total compensation at MACKINAC ISLAND COMMUNITY FOUNDATION equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are MACKINAC ISLAND COMMUNITY FOUNDATION's revenue and expenses?

In 2024, MACKINAC ISLAND COMMUNITY FOUNDATION reported $3.9M in total revenue and $1.4M in total expenses on its IRS Form 990.

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