To plan, conduct, coordinate, supervise, and finance activities that promote the well-being of the private, independent, nonprofit institutions of higher education in Michigan.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $404k
- Bonus
- —
- Other
- —
- Benefits
- $78k
- Base
- $144k
- Bonus
- $20k
- Other
- —
- Benefits
- $23k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President Above 90th percentile | $404k | — | — | $78k | $565k $624k |
Vice President Board Vice President Median to 75th percentile | $144k | $20k | — | $23k | $208k $230k |
Fund Administrator Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $126k $139k |
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 28 unpaid individuals.
Up 17%
from 2022
From $484k in 2022 to $565k in 2023.
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 rose 17% from 2022 to 2023, while revenue fell 1%.
- Board Vice President pay rose 14% from 2022 to 2023.
- Highest Compensated Employee pay held roughly steady from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Revenue and expenses over time
Michigan Independent Colleges and Universities reported revenue and expenses across 2 filing years.
Common questions about Michigan Independent Colleges and Universities
What does the Chief Executive Officer of Michigan Independent Colleges and Universities earn?
In 2023, the Chief Executive Officer of Michigan Independent Colleges and Universities received $564,828 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at Michigan Independent Colleges and Universities compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at Michigan Independent Colleges and Universities falls in the top 10%.
What are Michigan Independent Colleges and Universities's revenue and expenses?
In 2023, Michigan Independent Colleges and Universities reported $1.3M in total revenue and $1.4M in total expenses on its IRS Form 990.
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