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Filing year 2024

MICHIGAN CITY AREA CHAMBER OF COMMERCE INC

Michigan City, Indiana·EIN 35-0512630·6
Total revenue
$386k
Total assets
$316k
Total expenses
$374k
Reported officers
18
Mission

THE MICHIGAN CITY CHAMBER OF COMMERCE SERVES TO BE A RESOURCE TO ITS MEMBERS, BUSINESSES, AND THE COMMUNITY TO PROMOTE ECONOMIC GROWTH IN THE MICHIGAN CITY AREA.

Executive compensation

Form 990 · 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.

President
25th percentile to median
$62k
$66k

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 17 unpaid individuals.

Down 15%
from 2023

From $72k in 2023 to $62k in 2024.

$72k
2023
$62k
2024
In today's dollarsEst.
Down 17% in real terms$80k to $66k

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

Chief Executive Officer pay fell 15% from 2023 to 2024, while revenue fell 1%.

$72k in 2023 to $62k 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 CITY AREA CHAMBER OF COMMERCE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$388k
$331k
2023
$386k
$374k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about MICHIGAN CITY AREA CHAMBER OF COMMERCE INC

What does the Chief Executive Officer of MICHIGAN CITY AREA CHAMBER OF COMMERCE INC earn?

In 2024, the Chief Executive Officer of MICHIGAN CITY AREA CHAMBER OF COMMERCE INC received $61,538 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MICHIGAN CITY AREA CHAMBER OF COMMERCE INC 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 CITY AREA CHAMBER OF COMMERCE INC falls between the 25th percentile and the median.

What are MICHIGAN CITY AREA CHAMBER OF COMMERCE INC's revenue and expenses?

In 2024, MICHIGAN CITY AREA CHAMBER OF COMMERCE INC reported $386k in total revenue and $374k in total expenses on its IRS Form 990.

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