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Filing year 2023

Michigan Laborers Health Care Fund

Lansing, Michigan·EIN 38-6058384·501(c)(9)
Total revenue
$86.4M
Total assets
$137.5M
Total expenses
$78M
Reported officers
12
Mission

Provide Health and Welfare Benefits

Executive compensation

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Trustee
Board Member
75th to 90th percentile
$56k
$61k
Secretary
Board Secretary
75th to 90th percentile
$50k
$55k
Trustee
Board Member
Median to 75th percentile
$50k
$55k
Trustee
Board Member
Median to 75th percentile
$40k
$44k
Trustee
Board Member
Median to 75th percentile
$38k
$43k

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 7 unpaid individuals.

Up 33%
from 2022

From $42k in 2022 to $56k in 2023.

$42k
2022
$56k
2023
In today's dollarsEst.
Up 28% in real terms$48k to $61k

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

Board Member pay rose 33% from 2022 to 2023, while revenue rose 20%.

$42k in 2022 to $56k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Michigan Laborers Health Care Fund reported revenue and expenses across 2 filing years.

RevenueExpenses
$72.3M
$75.7M
2022
$86.4M
$78M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Michigan Laborers Health Care Fund

What does the Board Member of Michigan Laborers Health Care Fund earn?

In 2023, the Board Member of Michigan Laborers Health Care Fund received $55,518 in total compensation. This pay is in the top quarter for Board Member roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at Michigan Laborers Health Care Fund compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Board Member at Michigan Laborers Health Care Fund falls between the 75th and 90th percentiles.

What are Michigan Laborers Health Care Fund's revenue and expenses?

In 2023, Michigan Laborers Health Care Fund reported $86.4M in total revenue and $78M in total expenses on its IRS Form 990.

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