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Filing year 2024

SCHOOLCRAFT DEVELOPMENT AUTHORITY

Livonia, Michigan·EIN 38-2671221·501(c)(4)
Total revenue
$1.3M
Total assets
$24.9M
Total expenses
$1M
Reported officers
10
Mission

DEVELOP SCHOOLCRAFT COLLEGE LAND AND DISTRIBUTE NET PROCEEDS EXCLUSIVELY TO EDUCATIONAL PROGRAMS.

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 nonprofits nationwide, across all sectors.

President
75th to 90th percentile
$193k
$203k
Secretary/trasurer
Officer (Unspecified)
$40k
$43k

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 8 unpaid individuals.

Up 2%
from 2023

From $189k in 2023 to $193k in 2024.

$189k
2023
$193k
2024
In today's dollarsEst.
Down 1% in real terms$205k to $203k

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 2% from 2023 to 2024, while revenue held roughly steady.

$189k in 2023 to $193k 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.
Financial trend

Revenue and expenses over time

SCHOOLCRAFT DEVELOPMENT AUTHORITY reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.3M
$871k
2023
$1.3M
$1M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about SCHOOLCRAFT DEVELOPMENT AUTHORITY

What does the Chief Executive Officer of SCHOOLCRAFT DEVELOPMENT AUTHORITY earn?

In 2024, the Chief Executive Officer of SCHOOLCRAFT DEVELOPMENT AUTHORITY received $192,627 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 SCHOOLCRAFT DEVELOPMENT AUTHORITY compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at SCHOOLCRAFT DEVELOPMENT AUTHORITY falls between the 75th and 90th percentiles.

What are SCHOOLCRAFT DEVELOPMENT AUTHORITY's revenue and expenses?

In 2024, SCHOOLCRAFT DEVELOPMENT AUTHORITY reported $1.3M in total revenue and $1M in total expenses on its IRS Form 990.

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