THE MISSION OF THE ORGANIZATION IS TO GROW AND SUSTAIN A VIBRANT VENTURE CAPITAL COMMUNITY IN MICHIGAN BY PROMOTING AN ENTREPENURIAL ENVIRONMENT THROUGH ENCOURAGING INVESTMENTS IN NEW AND EMERGING COMPANIES, EDUCATING THE COMMUNITY TO THE BENEFITS OF VENTURE CAPITAL INVESTING AND PROMOTING PROFESSIONAL DEVELOPMENT OF MEMBERS THROUGH RESEARCH AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES.
Executive compensation, broken down
Form 990 · Schedule J · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $195k
- Bonus
- —
- Other
- —
- Benefits
- —
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Executive Director 75th to 90th percentile | $195k | — | — | — | $195k $206k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 13 unpaid individuals.
Up 8%
from 2023
From $181k in 2023 to $195k in 2024.
Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 8% from 2023 to 2024, while revenue rose 7%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
MICHIGAN VENTURE CAPITAL ASSOCIATION reported revenue and expenses across 2 filing years.
Common questions about MICHIGAN VENTURE CAPITAL ASSOCIATION
What does the Chief Executive Officer of MICHIGAN VENTURE CAPITAL ASSOCIATION earn?
In 2024, the Chief Executive Officer of MICHIGAN VENTURE CAPITAL ASSOCIATION received $194,820 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at MICHIGAN VENTURE CAPITAL ASSOCIATION compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at MICHIGAN VENTURE CAPITAL ASSOCIATION falls between the 75th and 90th percentiles.
What are MICHIGAN VENTURE CAPITAL ASSOCIATION's revenue and expenses?
In 2024, MICHIGAN VENTURE CAPITAL ASSOCIATION reported $508k in total revenue and $458k in total expenses on its IRS Form 990.
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