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Filing year 2024

MICHIGAN ASSOCIATION OF REALTORS

Lansing, Michigan·EIN 38-0829980·501(c)(6)
Total revenue
$10.2M
Total assets
$25M
Total expenses
$7.3M
Reported officers
30
Mission

THE MICHIGAN ASSOCIATION OF REALTORS EXISTS TO SERVE ITS MEMBERS BY ADVANCING THE INTERESTS OF REAL ESTATE PROFESSIONALS AND PROMOTING PRIVATE PROPERTY RIGHTS. IT IS THE RECOGNIZED PUBLIC POLICY AND LEGAL ADVOCATE FOR PRIVATE PROPERTY RIGHTS FOR THE REAL ESTATE INDUSTRY AND THE RECOGNIZED STATEWIDE RESOURCE CLEARINGHOUSE FOR PROFESSIONAL DEVELOPMENT, KNOWLEDGE EXCHANGE AND BUSINESS SERVICES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 12 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Ceo/coo
Officer (Unspecified)
$703k
$756k
Base
$478k
Bonus
$25k
Other
$120k
Benefits
$38k
VP of Public Policy & Lega
Board Vice President
Above 90th percentile
$357k
$384k
Base
$261k
Bonus
$30k
Other
$19k
Benefits
$8k
General Counsel
Highest Compensated Employee
75th to 90th percentile
$330k
$355k
Base
$234k
Bonus
$36k
Other
Benefits
$26k
Director of Finance
Above 90th percentile
$274k
$295k
Base
$192k
Bonus
$35k
Other
Benefits
$25k
Director of Legal Educatio
Highest Compensated Employee
25th percentile to median
$137k
$147k
Communications & Marketing Director
Director (Operational)
Median to 75th percentile
$114k
$123k
Advocacy Director
Highest Compensated Employee
10th to 25th percentile
$111k
$120k
Senior Accountant
Highest Compensated Employee
10th to 25th percentile
$107k
$115k
President
Below 10th percentile
$5k
$6k
President Elect
Below 10th percentile
$3k
$3k
Treasurer
Officer (Unspecified)
$2k
$3k
Treasurer-elect
Officer (Unspecified)
$1k
$1k

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 18 unpaid individuals.

Up 20%
from 2023

From $587k in 2023 to $703k in 2024.

$587k
2023
$703k
2024
In today's dollarsEst.
Up 17% in real terms$648k to $756k

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

Board Vice President pay rose 4% from 2023 to 2024, while revenue rose 15%.

$342k in 2023 to $357k in 2024.
  • Highest Compensated Employee pay rose 10% from 2023 to 2024.
  • Chief Financial Officer pay rose 9% 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.
Financial trend

Revenue and expenses over time

MICHIGAN ASSOCIATION OF REALTORS reported revenue and expenses across 2 filing years.

RevenueExpenses
$8.8M
$7.4M
2023
$10.2M
$7.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about MICHIGAN ASSOCIATION OF REALTORS

What does the Board Vice President of MICHIGAN ASSOCIATION OF REALTORS earn?

In 2024, the Board Vice President of MICHIGAN ASSOCIATION OF REALTORS received $357,156 in total compensation. This pay is in the top 10% for Board Vice President roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Vice President pay at MICHIGAN ASSOCIATION OF REALTORS compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Board Vice President at MICHIGAN ASSOCIATION OF REALTORS falls in the top 10%.

What are MICHIGAN ASSOCIATION OF REALTORS's revenue and expenses?

In 2024, MICHIGAN ASSOCIATION OF REALTORS reported $10.2M in total revenue and $7.3M in total expenses on its IRS Form 990.

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