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Filing year 2024

MICHIGAN RURAL REHABILITATION CORP

Marshall, Michigan·EIN 38-6067313·4
Total revenue
$329k
Total assets
$5.9M
Total expenses
$290k
Reported officers
5
Mission

TO PROVIDE LOANS TO RURAL STUDENTS,FARMERS,RESIDENTS,YOUTH AND YOUTH ORGANIZATIONS AS LENDERS OF LAST RESORT.

Executive compensation

Form 990 · Schedule J · 5 reported individuals · Filing year 2024

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

Chairman
Board Chair
Below 10th percentile
$1k
$1k
Treasurer
Below 10th percentile
$1k
$1k
Director
Board Member
Below 10th percentile
$400
$430
Director
Board Member
Below 10th percentile
$400
$430
Director
Board Member
Below 10th percentile
$200
$215

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.

Pay for the position

Board Chair pay rose 44% from 2023 to 2024, while revenue rose 8%.

$900 in 2023 to $1k in 2024.
  • Chief Financial Officer pay rose 22% from 2023 to 2024.
  • Board Member pay held roughly steady from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Financial trend

Revenue and expenses over time

MICHIGAN RURAL REHABILITATION CORP reported revenue and expenses across 2 filing years.

RevenueExpenses
$303k
$258k
2023
$329k
$290k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about MICHIGAN RURAL REHABILITATION CORP

What does the Board Chair of MICHIGAN RURAL REHABILITATION CORP earn?

In 2024, the Board Chair of MICHIGAN RURAL REHABILITATION CORP received $1,300 in total compensation. This pay is in the bottom 10% for Board Chair roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Board Chair pay at MICHIGAN RURAL REHABILITATION CORP compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Board Chair at MICHIGAN RURAL REHABILITATION CORP falls in the bottom 10%.

What are MICHIGAN RURAL REHABILITATION CORP's revenue and expenses?

In 2024, MICHIGAN RURAL REHABILITATION CORP reported $329k in total revenue and $290k in total expenses on its IRS Form 990.

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