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Filing year 2023

MICHIGAN REGIONAL COUNCIL OF CARPENTERS' EMPLOYEE BENEFITS FUND

Troy, Michigan·EIN 38-3508105·NTEE Y43 · Mutual & Membership Benefit·9
Total revenue
$92.7M
Total assets
$94.5M
Total expenses
$77.2M
Reported officers
14
Mission

THE EMPLOYEE BENEFIT FUND IS CRAFTED FOR THE PURPOSE OF PROVIDING HEALTH AND WELFARE BENEFITS TO PARTICIPANTS FOR THE BENEFIT OF THE MEMBERSHIP, ON BEHALF OF THE MICHIGAN REGIONAL COUNCIL OF CARPENTERS, IN COMPLIANCE WITH THE TAFT-HARTLEY ACT.

Executive compensation

Form 990 · Schedule J · 5 reported individuals · Filing year 2023

Chairman
board chair
$141k
$156k
Trustee
board member
$139k
$154k
Trustee
board member
$114k
$126k
Trustee
board member
$112k
$123k
Trustee
board member
$92k
$102k

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 9 unpaid individuals.

Browse compensation in Mutual & Membership Benefit

Held steady
from 2022

From $140k in 2022 to $141k in 2023.

$140k
2022
$141k
2023
In today's dollarsEst.
Down 3% in real terms$160k to $156k

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 REGIONAL COUNCIL OF CARPENTERS' EMPLOYEE BENEFITS FUND reported revenue and expenses across 2 filing years.

RevenueExpenses
$83.8M
$78.5M
2022
$92.7M
$77.2M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Mutual & Membership Benefit executives earn

Comparable mutual & membership benefit organizations nationwide pay their highest-earning executive a median of $19,468.

25th percentile
$6k
Median
$19,468
75th percentile
$79k
90th percentile
$193k

These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 294 organizations across 294 filings (2021 – 2023).

See full Mutual & Membership Benefit compensation data
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