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Filing year 2024

REDEMPTION FOUNDATION

Lansing, Michigan·EIN 85-2148960·NTEE B01 · Education·3
Total revenue
$283k
Total assets
$27k
Total expenses
$263k
Reported officers
6
Mission

TO PROMOTE PUBLIC AWARENESS OF THE ADVERSE SOCIETAL IMPACTS STEMMING FROM THE HISTORIC STATE AND FEDERAL CRIMINALIZATION OF CANNABIS USE, POSSESSION, PRODUCTION, AND DISTRIBUTION AND PROVIDE LEGAL AND FINANCIAL ASSISTANCE AND RESOURCES TO INDIVIDUALS AND FAMILIES ADVERSELY IMPACTED BY THE CRIMINALIZATION OF CANNABIS USE, POSSESSION, PRODUCTION, AND DISTRIBUTION. TO BENEFIT THE COMMUNITY SERVED AND TO PROMOTE EDUCATION AND SUCH OTHER ACTIVITIES AND PROGRAMS INCIDENTAL TO, SUPPORTIVE OF, AND IN FURTHERANCE OF, THE ADVANCEMENT OF THE EDUCATIONAL, CHARITABLE, AND SCIENTIFIC PURPOSES OF THE CORPORATION. TO DO SUCH THINGS AND TO PERFORM SUCH ACTS TO ACCOMPLISH ITS PURPOSES AS THE BOARD OF DIRECTORS OF THE CORPORATION MAY DETERMINE TO BE APPROPRIATE AND AS ARE NOT FORBIDDEN BY SECTIONS 501(C)(3) OF THE CODE, WITH ALL THE POWER CONFERRED ON NONPROFIT CORPORATIONS UNDER THE LAWS OF THE STATE OF MICHIGAN.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations in Michigan.

Executive Director (ended 4/24)
10th to 25th percentile
$21k
$22k

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.

Plus 5 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at REDEMPTION FOUNDATION equaled 8% of the organization's total expenses. The median for education organizations is 6%.

This organization (2024)
8%
Sector median
6%
Middle half of sector
2% to 15%

Based on 24,392 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 57%
from 2023

From $48k in 2023 to $21k in 2024.

$48k
2023
$21k
2024
In today's dollarsEst.
Down 58% in real terms$53k to $22k

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 fell 57% from 2023 to 2024, while revenue fell 2%.

$48k in 2023 to $21k 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 REDEMPTION FOUNDATION

What does the Chief Executive Officer of REDEMPTION FOUNDATION earn?

In 2024, the Chief Executive Officer of REDEMPTION FOUNDATION received $20,502 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Education organizations in Michigan, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at REDEMPTION FOUNDATION compare with similar nonprofits?

Compared with the same role at Education organizations in Michigan, the 2024 pay of the Chief Executive Officer at REDEMPTION FOUNDATION falls between the 10th and 25th percentiles. In 2024, the highest total compensation at REDEMPTION FOUNDATION equaled 8% of the organization's total expenses. The median for education organizations is 6%.

What are REDEMPTION FOUNDATION's revenue and expenses?

In 2024, REDEMPTION FOUNDATION reported $283k in total revenue and $263k in total expenses on its IRS Form 990.

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