Mission
THE RIGHT PLACE IS THE ECONOMIC DEVELOPMENT ORGANIZATION THAT DRIVES CURRENT AND LONG-TERM ECONOMIC PROSPERITY IN WEST MICHIGAN.
Executive compensation, broken down
Form 990 · Schedule J · 7 reported individuals · Filing year 2024
President & CEO
$593k
$638k
- Base
- $437k
- Bonus
- $100k
- Other
- —
- Benefits
- $10k
Assistant Treasurer & SVP Finance
senior vice president
$182k
$196k
- Base
- $156k
- Bonus
- $5k
- Other
- —
- Benefits
- $13k
VP Business Development
vice president
$182k
$195k
- Base
- $155k
- Bonus
- —
- Other
- —
- Benefits
- $19k
SVP of Strategic Initiatives
senior vice president
$180k
$193k
- Base
- $148k
- Bonus
- $5k
- Other
- —
- Benefits
- $19k
SVP of Community Development
senior vice president
$175k
$188k
- Base
- $146k
- Bonus
- $5k
- Other
- —
- Benefits
- $16k
SVP of Business Development
senior vice president
$166k
$179k
- Base
- $137k
- Bonus
- $5k
- Other
- —
- Benefits
- $17k
SVP Talent & Diversity
senior vice president
$166k
$178k
- Base
- $139k
- Bonus
- $5k
- Other
- —
- Benefits
- $14k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO | $437k | $100k | — | $10k | $593k $638k |
Assistant Treasurer & SVP Finance senior vice president | $156k | $5k | — | $13k | $182k $196k |
VP Business Development vice president | $155k | — | — | $19k | $182k $195k |
SVP of Strategic Initiatives senior vice president | $148k | $5k | — | $19k | $180k $193k |
SVP of Community Development senior vice president | $146k | $5k | — | $16k | $175k $188k |
SVP of Business Development senior vice president | $137k | $5k | — | $17k | $166k $179k |
SVP Talent & Diversity senior vice president | $139k | $5k | — | $14k | $166k $178k |
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 48 unpaid individuals.
Up 8%
from 2023
From $549k in 2023 to $593k in 2024.
$549k
2023
$593k
2024
$549k
2023
$593k
2024
In today's dollarsEst.
Up 5% in real terms$606k to $638k
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.
Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend
Revenue and expenses over time
THE RIGHT PLACE INC reported revenue and expenses across 2 filing years.
RevenueExpenses
$9.2M
$10.2M
2023
$33.9M
$33.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
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