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Filing year 2023

MICHIGAN RETAILERS ASSOCIATION

Lansing, Michigan·EIN 38-0830085·501(c)(6)
Total revenue
$1.3M
Total assets
$13.7M
Total expenses
$1.1M
Reported officers
20
Mission

TO SERVE RETAIL MERCHANTS OF MICHIGAN IN AREAS OF COMMON BUSINESS INTERESTS INCLUDING LEGISLATIVE AND EDUCATIONAL NEEDS, MARKETING AND PROCESSING OF CREDIT CARD SALES, AND INSURANCE PROGRAMS.

Executive compensation

Form 990 · Part VII & Schedule J · 20 reported individuals · Filing year 2023

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

President/ce
25th percentile to median
$63k
$70k
SVP Mem & Sa
Senior Vice President
10th to 25th percentile
$61k
$68k
SVP Business
Senior Vice President
10th to 25th percentile
$45k
$49k
SVP Finance
Senior Vice President
Below 10th percentile
$32k
$36k
VP Underwrit
Vice President
25th percentile to median
$28k
$31k
COO & Gen Co
Below 10th percentile
$24k
$26k
SVP Govt Aff
Senior Vice President
Below 10th percentile
$23k
$25k
Board Treasu
Board Member
25th percentile to median
$11k
$12k
Chair
Board Chair
25th percentile to median
$11k
$12k
Board Member
25th percentile to median
$10k
$11k
VP Comm & MA
Vice President
25th percentile to median
$9k
$10k
Board Member
25th percentile to median
$9k
$9k
Board Member
25th percentile to median
$8k
$9k
Board Member
25th percentile to median
$8k
$9k
Board Member
25th percentile to median
$8k
$9k
Board Member
25th percentile to median
$7k
$8k
Past Chair
Board Chair
25th percentile to median
$7k
$8k
Vice Chair
Board Vice Chair
25th percentile to median
$7k
$7k
Board Member
25th percentile to median
$7k
$7k
Former Offic
Former Officer/director/trustee
Below 10th percentile
$1k
$2k

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.

Down 34%
from 2022

From $96k in 2022 to $63k in 2023.

$96k
2022
$63k
2023
In today's dollarsEst.
Down 37% in real terms$110k to $70k

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

Chief Executive Officer pay rose 7% from 2022 to 2023, while revenue held roughly steady.

$59k in 2022 to $63k in 2023.
  • Senior Vice President pay fell 36% from 2022 to 2023.
  • Vice President pay fell 44% 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.
Financial trend

Revenue and expenses over time

MICHIGAN RETAILERS ASSOCIATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.3M
$1.2M
2022
$1.3M
$1.1M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about MICHIGAN RETAILERS ASSOCIATION

What does the Chief Executive Officer of MICHIGAN RETAILERS ASSOCIATION earn?

In 2023, the Chief Executive Officer of MICHIGAN RETAILERS ASSOCIATION received $63,256 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MICHIGAN RETAILERS ASSOCIATION 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 RETAILERS ASSOCIATION falls between the 25th percentile and the median.

What are MICHIGAN RETAILERS ASSOCIATION's revenue and expenses?

In 2023, MICHIGAN RETAILERS ASSOCIATION reported $1.3M in total revenue and $1.1M in total expenses on its IRS Form 990.

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