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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·501(c)(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 · Part VII & Schedule J · 5 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.

Chairman
Board Chair
Above 90th percentile
$141k
$156k
Trustee
Board Member
Above 90th percentile
$139k
$154k
Trustee
Board Member
Above 90th percentile
$114k
$126k
Trustee
Board Member
Above 90th percentile
$112k
$123k
Trustee
Board Member
75th to 90th percentile
$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

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MICHIGAN REGIONAL COUNCIL OF CARPENTERS' EMPLOYEE BENEFITS FUND equaled 0.2% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2023)
0.2%
Sector median
4%
Middle half of sector
0.9% to 13%

Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

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.

Pay for the position

Board Chair pay rose 1% from 2022 to 2023, while revenue rose 11%.

$140k in 2022 to $141k in 2023.
  • Board Member pay rose 1% from 2022 to 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about MICHIGAN REGIONAL COUNCIL OF CARPENTERS' EMPLOYEE BENEFITS FUND

What does the Board Chair of MICHIGAN REGIONAL COUNCIL OF CARPENTERS' EMPLOYEE BENEFITS FUND earn?

In 2023, the Board Chair of MICHIGAN REGIONAL COUNCIL OF CARPENTERS' EMPLOYEE BENEFITS FUND received $141,056 in total compensation. This pay is in the top 10% for Board Chair roles among Mutual & Membership Benefit organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Chair pay at MICHIGAN REGIONAL COUNCIL OF CARPENTERS' EMPLOYEE BENEFITS FUND compare with similar nonprofits?

Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2023 pay of the Board Chair at MICHIGAN REGIONAL COUNCIL OF CARPENTERS' EMPLOYEE BENEFITS FUND falls in the top 10%. In 2023, the highest total compensation at MICHIGAN REGIONAL COUNCIL OF CARPENTERS' EMPLOYEE BENEFITS FUND equaled 0.2% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are MICHIGAN REGIONAL COUNCIL OF CARPENTERS' EMPLOYEE BENEFITS FUND's revenue and expenses?

In 2023, MICHIGAN REGIONAL COUNCIL OF CARPENTERS' EMPLOYEE BENEFITS FUND reported $92.7M in total revenue and $77.2M in total expenses on its IRS Form 990.

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