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Filing year 2024

THE FURNITURE RESOURCE CENTER

Pontiac, Michigan·EIN 38-1914651·501(c)(3)
Total revenue
$1.9M
Total assets
$620k
Total expenses
$1.9M
Reported officers
11
Mission

TO PROVIDE BEDS AND FURNITURE TO CHILDREN AND FAMILIES IN NEED.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

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

President &
25th percentile to median
$48k
$51k

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 10 unpaid individuals.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 39%
from 2023

From $80k in 2023 to $48k in 2024.

$80k
2023
$48k
2024
In today's dollarsEst.
Down 41% in real terms$87k to $51k

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 fell 39% from 2023 to 2024, while revenue fell 11%.

$80k in 2023 to $48k 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

THE FURNITURE RESOURCE CENTER reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.1M
$2.1M
2023
$1.9M
$1.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about THE FURNITURE RESOURCE CENTER

What does the Chief Executive Officer of THE FURNITURE RESOURCE CENTER earn?

In 2024, the Chief Executive Officer of THE FURNITURE RESOURCE CENTER received $48,462 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE FURNITURE RESOURCE CENTER compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at THE FURNITURE RESOURCE CENTER falls between the 25th percentile and the median.

What are THE FURNITURE RESOURCE CENTER's revenue and expenses?

In 2024, THE FURNITURE RESOURCE CENTER reported $1.9M in total revenue and $1.9M in total expenses on its IRS Form 990.

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