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Filing year 2024

MICHIGAN ASSOCIATION OF REALTORS

Lansing, Michigan·EIN 38-0829980·6
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 · Schedule J · 12 reported individuals · Filing year 2024

Ceo/coo
officer (unspecified)
$703k
$756k
Base
$478k
Bonus
$25k
Other
$120k
Benefits
$38k
VP of Public Policy & Lega
vice president
$357k
$384k
Base
$261k
Bonus
$30k
Other
$19k
Benefits
$8k
General Counsel
highest compensated employee
$330k
$355k
Base
$234k
Bonus
$36k
Other
Benefits
$26k
Director of Finance
$274k
$295k
Base
$192k
Bonus
$35k
Other
Benefits
$25k
Director of Legal Educatio
highest compensated employee
$137k
$147k
Communications & Marketing Director
director (operational)
$114k
$123k
Advocacy Director
highest compensated employee
$111k
$120k
Senior Accountant
highest compensated employee
$107k
$115k
$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.

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.
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