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Filing year 2023

MICHIGAN BIOTECHNOLOGY INSTITUTE

East Lansing, Michigan·EIN 38-2418381·NTEE B43I · Education·501(c)(3)
Total revenue
-$117k
Total assets
$430k
Total expenses
$80k
Reported officers
3
Mission

BRIDGING THE GAP BETWEEN EARLY-STAGE INNOVATION AND COMMERCIAL APPLICATION. PARTNERING TO DE-RISK, DEVELOP AND SCALE-UP DISCOVERIES INTO COMMERCIALLY-VIABLE TECHNOLOGY PACKAGES.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Michigan.

President & Chair
Board Chair
Median to 75th percentilevs Education peers nationwide
$64k
$71k
Director of Finance
25th percentile to median
$39k
$43k

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 1 unpaid individual.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MICHIGAN BIOTECHNOLOGY INSTITUTE equaled 81% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
81%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 9%
from 2022

From $59k in 2022 to $64k in 2023.

$59k
2022
$64k
2023
In today's dollarsEst.
Up 5% in real terms$67k to $71k

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 Chair pay rose 9% from 2022 to 2023.

$59k in 2022 to $64k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Sector benchmark

What Education executives earn in Michigan

Comparable education organizations in Michigan pay their highest-earning executive a median of $73,917.

25th percentile
$28k
Median
$73,917
75th percentile
$144k
90th percentile
$289k

These are education sector-wide figures, not this organization's reported pay. Based on 543 organizations across 543 filings (2021 – 2024).

See full Education pay data for Michigan
FAQ

Common questions about MICHIGAN BIOTECHNOLOGY INSTITUTE

What does the Board Chair of MICHIGAN BIOTECHNOLOGY INSTITUTE earn?

In 2023, the Board Chair of MICHIGAN BIOTECHNOLOGY INSTITUTE received $64,199 in total compensation. This pay is above the median (the midpoint) for Board Chair roles among Education organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Chair pay at MICHIGAN BIOTECHNOLOGY INSTITUTE compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2023 pay of the Board Chair at MICHIGAN BIOTECHNOLOGY INSTITUTE falls between the median and the 75th percentile. In 2023, the highest total compensation at MICHIGAN BIOTECHNOLOGY INSTITUTE equaled 81% of the organization's total expenses. The median for education organizations is 7%.

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