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Filing year 2023

Our Daily Bread Ministries Trust

Grand Rapids, Michigan·EIN 38-6365725·NTEE X20Z · Religion-Related·3
Total revenue
$439k
Total assets
$7.2M
Total expenses
$988k
Reported officers
3
Mission

The organization assists individuals that support RBC Ministries (also a 501 c 3 entity)by providing charitable gift annuities & holding monies under trust agreements

Executive compensation

Form 990 · Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Religion-Related organizations nationwide.

Trustee
Board Member
Median to 75th percentile
$28k
$31k
Trustee
Board Member
25th percentile to median
$21k
$23k
Trustee
Board Member
25th percentile to median
$13k
$14k

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.

Browse compensation in Religion-Related

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Our Daily Bread Ministries Trust equaled 3% of the organization's total expenses. The median for religion-related organizations is 17%.

This organization (2023)
3%
Sector median
17%
Middle half of sector
8% to 34%

Based on 10,667 religion-related organizations, each measured at its most recent filing year with reported expenses and compensation.

Among peers

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

FAQ

Common questions about Our Daily Bread Ministries Trust

What does the Board Member of Our Daily Bread Ministries Trust earn?

In 2023, the Board Member of Our Daily Bread Ministries Trust received $27,775 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Religion-Related organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at Our Daily Bread Ministries Trust compare with similar nonprofits?

Compared with the same role at Religion-Related organizations nationwide, the 2023 pay of the Board Member at Our Daily Bread Ministries Trust falls between the median and the 75th percentile. In 2023, the highest total compensation at Our Daily Bread Ministries Trust equaled 3% of the organization's total expenses. The median for religion-related organizations is 17%.

What are Our Daily Bread Ministries Trust's revenue and expenses?

In 2023, Our Daily Bread Ministries Trust reported $439k in total revenue and $988k in total expenses on its IRS Form 990.

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