TO ADVANCE ECONOMIC DEVELOPMENT THROUGHOUT MICHIGAN AND INCREASE AN INDIVIDUALS (BOTH MEMBER AND NON-MEMBER) EFFECTIVENESS IN THE ECONOMIC DEVELOPMENT PROFESSION THROUGH EDUCATIONAL PROGRAMS, MEETINGS AND LITERATURE.
Executive compensation
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 Community Improvement & Capacity Building organizations in Michigan.
| Position | Total |
|---|---|
Executive Director Median to 75th percentile | $93k $100k |
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 10 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2024, the highest total compensation at MICHIGAN ECONOMIC DEVELOPERS ASSOCIATION equaled 25% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.
Down 21%
from 2023
From $117k in 2023 to $93k in 2024.
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.
Chief Executive Officer pay fell 21% from 2023 to 2024, while revenue fell 23%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about MICHIGAN ECONOMIC DEVELOPERS ASSOCIATION
What does the Chief Executive Officer of MICHIGAN ECONOMIC DEVELOPERS ASSOCIATION earn?
In 2024, the Chief Executive Officer of MICHIGAN ECONOMIC DEVELOPERS ASSOCIATION received $92,629 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Michigan, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at MICHIGAN ECONOMIC DEVELOPERS ASSOCIATION compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations in Michigan, the 2024 pay of the Chief Executive Officer at MICHIGAN ECONOMIC DEVELOPERS ASSOCIATION falls between the median and the 75th percentile. In 2024, the highest total compensation at MICHIGAN ECONOMIC DEVELOPERS ASSOCIATION equaled 25% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are MICHIGAN ECONOMIC DEVELOPERS ASSOCIATION's revenue and expenses?
In 2024, MICHIGAN ECONOMIC DEVELOPERS ASSOCIATION reported $360k in total revenue and $368k in total expenses on its IRS Form 990.
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