Mission
TO PROMOTE CONDITIONS FAVORABLE TO JOB CREATION AND BUSINESS SUCCESS IN MICHIGAN.
Executive compensation, broken down
Form 990 · Schedule J · 7 reported individuals · Filing year 2023
President & CEO
$543k
$600k
- Base
- $452k
- Bonus
- $31k
- Other
- $25k
- Benefits
- $5k
VP Business Advocacy/member Engagement
vice president
$253k
$279k
- Base
- $206k
- Bonus
- $20k
- Other
- $6k
- Benefits
- $3k
$243k
$268k
- Base
- $191k
- Bonus
- $20k
- Other
- $8k
- Benefits
- $3k
Senior Director, Insurance Solutions
highest compensated employee
$193k
$214k
- Base
- $124k
- Bonus
- $68k
- Other
- —
- Benefits
- $651
Vp, Membership & Partnerships
vice president
$179k
$198k
- Base
- $128k
- Bonus
- $38k
- Other
- $2k
- Benefits
- $206
Chief Communications & Marketing Officer
highest compensated employee
$162k
$179k
- Base
- $137k
- Bonus
- $15k
- Other
- —
- Benefits
- $247
Sales Executive
highest compensated employee
$155k
$171k
- Base
- $60k
- Bonus
- $70k
- Other
- $300
- Benefits
- $376
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO | $452k | $31k | $25k | $5k | $543k $600k |
VP Business Advocacy/member Engagement vice president | $206k | $20k | $6k | $3k | $253k $279k |
COO | $191k | $20k | $8k | $3k | $243k $268k |
Senior Director, Insurance Solutions highest compensated employee | $124k | $68k | — | $651 | $193k $214k |
Vp, Membership & Partnerships vice president | $128k | $38k | $2k | $206 | $179k $198k |
Chief Communications & Marketing Officer highest compensated employee | $137k | $15k | — | $247 | $162k $179k |
Sales Executive highest compensated employee | $60k | $70k | $300 | $376 | $155k $171k |
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 78 unpaid individuals.
Up 11%
from 2022
From $487k in 2022 to $543k in 2023.
$487k
2022
$543k
2023
$487k
2022
$543k
2023
In today's dollarsEst.
Up 7% in real terms$558k to $600k
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 CHAMBER OF COMMERCE reported revenue and expenses across 2 filing years.
RevenueExpenses
$7.6M
$7.7M
2022
$4.5M
$4.5M
2023
Total revenue and total expenses from IRS Form 990 filings.
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