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Filing year 2024

POLICE OFFICERS ASSOCIATION OF MICHIGAN INC VEBA

Redford, Michigan·EIN 20-8587844·NTEE Y43 · Mutual & Membership Benefit·501(c)(9)
Total revenue
$333k
Total assets
$4.1M
Total expenses
$67k
Reported officers
2
Mission

TO PROVIDE MEDICAL AND HEALTH CARE BENEFITS FOR RETIREES OF POLICE OFFICERS ASSOCIATION OF MICHIGAN.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

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

President
Median to 75th percentile
$46k
$48k
Treasurer
Officer (Unspecified)
$21k
$22k

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.

Browse compensation in Mutual & Membership Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at POLICE OFFICERS ASSOCIATION OF MICHIGAN INC VEBA equaled 68% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2024)
68%
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.

Up 5%
from 2023

From $44k in 2023 to $46k in 2024.

$44k
2023
$46k
2024
In today's dollarsEst.
Up 2% in real terms$48k to $48k

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.

Pay for the position

Chief Executive Officer pay rose 5% from 2023 to 2024, while revenue rose 74%.

$44k in 2023 to $46k in 2024.

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

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 POLICE OFFICERS ASSOCIATION OF MICHIGAN INC VEBA

What does the Chief Executive Officer of POLICE OFFICERS ASSOCIATION OF MICHIGAN INC VEBA earn?

In 2024, the Chief Executive Officer of POLICE OFFICERS ASSOCIATION OF MICHIGAN INC VEBA received $45,930 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Mutual & Membership Benefit organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at POLICE OFFICERS ASSOCIATION OF MICHIGAN INC VEBA compare with similar nonprofits?

Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Chief Executive Officer at POLICE OFFICERS ASSOCIATION OF MICHIGAN INC VEBA falls between the median and the 75th percentile. In 2024, the highest total compensation at POLICE OFFICERS ASSOCIATION OF MICHIGAN INC VEBA equaled 68% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are POLICE OFFICERS ASSOCIATION OF MICHIGAN INC VEBA's revenue and expenses?

In 2024, POLICE OFFICERS ASSOCIATION OF MICHIGAN INC VEBA reported $333k in total revenue and $67k in total expenses on its IRS Form 990.

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