Mission
ADVOCATING FOR AND SUPPORTING BANKING.
Executive compensation, broken down
Form 990 · Schedule J · 5 reported individuals · Filing year 2023
President & CEO
$522k
$576k
- Base
- $378k
- Bonus
- $44k
- Other
- $38k
- Benefits
- $20k
Chief Policy Officer
highest compensated employee
$226k
$250k
- Base
- $173k
- Bonus
- $9k
- Other
- —
- Benefits
- $29k
Cfo/coo
officer (unspecified)
$201k
$222k
- Base
- $155k
- Bonus
- $13k
- Other
- —
- Benefits
- $19k
Senior Vp, Education
senior vice president
$132k
$146k
Senior Vp, Mbasc
senior vice president
$113k
$125k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO | $378k | $44k | $38k | $20k | $522k $576k |
Chief Policy Officer highest compensated employee | $173k | $9k | — | $29k | $226k $250k |
Cfo/coo officer (unspecified) | $155k | $13k | — | $19k | $201k $222k |
Senior Vp, Education senior vice president | — | — | — | — | $132k $146k |
Senior Vp, Mbasc senior vice president | — | — | — | — | $113k $125k |
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.
Up 8%
from 2022
From $484k in 2022 to $522k in 2023.
$484k
2022
$522k
2023
$484k
2022
$522k
2023
In today's dollarsEst.
Up 4% in real terms$555k to $576k
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 BANKERS ASSOCIATION reported revenue and expenses across 2 filing years.
RevenueExpenses
$3.4M
$3.2M
2022
$3.5M
$3.3M
2023
Total revenue and total expenses from IRS Form 990 filings.
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