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Filing year 2024

MICHIGAN BOATING INDUSTRIES ASSOCIATION

Commerce Township, Michigan·EIN 38-1707809·501(c)(6)
Total revenue
$3.2M
Total assets
$8.9M
Total expenses
$2.9M
Reported officers
12
Mission

TO EDUCATE AND PROMOTE THE ADVANCEMENT OF THE BOATING INDUSTRY IN THE STATE OF MICHIGAN, AND TO COMMUNICATE RELATED ETHICAL ISSUES.

Executive compensation, broken down

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 nonprofits nationwide, across all sectors.

Executive Director
75th to 90th percentile
$188k
$198k
Base
$164k
Bonus
Other
Benefits
$19k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 11 unpaid individuals.

Held steady
from 2023

From $187k in 2023 to $188k in 2024.

$187k
2023
$188k
2024
In today's dollarsEst.
Down 2% in real terms$203k to $198k

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 1% from 2023 to 2024, while revenue rose 1%.

$187k in 2023 to $188k 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.
Financial trend

Revenue and expenses over time

MICHIGAN BOATING INDUSTRIES ASSOCIATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$3.2M
$3M
2023
$3.2M
$2.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about MICHIGAN BOATING INDUSTRIES ASSOCIATION

What does the Chief Executive Officer of MICHIGAN BOATING INDUSTRIES ASSOCIATION earn?

In 2024, the Chief Executive Officer of MICHIGAN BOATING INDUSTRIES ASSOCIATION received $187,939 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MICHIGAN BOATING INDUSTRIES ASSOCIATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at MICHIGAN BOATING INDUSTRIES ASSOCIATION falls between the 75th and 90th percentiles.

What are MICHIGAN BOATING INDUSTRIES ASSOCIATION's revenue and expenses?

In 2024, MICHIGAN BOATING INDUSTRIES ASSOCIATION reported $3.2M in total revenue and $2.9M in total expenses on its IRS Form 990.

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