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Filing year 2024

LOCAL 550 RWDSU

Grand Rapids, Michigan·EIN 55-6037253·501(c)(5)
Total revenue
$62k
Total assets
$67k
Total expenses
$60k
Reported officers
5

Executive compensation

Form 990-EZ · Part IV · 3 reported individuals · Filing year 2024

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

President
Board President
10th to 25th percentile
$3k
$3k
Secretary Treasurer
Board Treasurer
10th to 25th percentile
$2k
$2k
Secretary Treasurer
Board Treasurer
Below 10th percentile
$393
$423

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 2 unpaid individuals.

Pay for the position

Board President pay rose 188% from 2023 to 2024, while revenue fell 8%.

$1k in 2023 to $3k in 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

LOCAL 550 RWDSU reported revenue and expenses across 2 filing years.

RevenueExpenses
$67k
$48k
2023
$62k
$60k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about LOCAL 550 RWDSU

What does the Board President of LOCAL 550 RWDSU earn?

In 2024, the Board President of LOCAL 550 RWDSU received $3,134 in total compensation. This pay is in the bottom quarter for Board President roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Board President pay at LOCAL 550 RWDSU compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Board President at LOCAL 550 RWDSU falls between the 10th and 25th percentiles.

What are LOCAL 550 RWDSU's revenue and expenses?

In 2024, LOCAL 550 RWDSU reported $62k in total revenue and $60k in total expenses on its IRS Form 990.

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