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 · Part VII & Schedule J · 7 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $437k
- Bonus
- $100k
- Other
- —
- Benefits
- $10k
- Base
- $156k
- Bonus
- $5k
- Other
- —
- Benefits
- $13k
- Base
- $155k
- Bonus
- —
- Other
- —
- Benefits
- $19k
- Base
- $148k
- Bonus
- $5k
- Other
- —
- Benefits
- $19k
- Base
- $146k
- Bonus
- $5k
- Other
- —
- Benefits
- $16k
- Base
- $137k
- Bonus
- $5k
- Other
- —
- Benefits
- $17k
- Base
- $139k
- Bonus
- $5k
- Other
- —
- Benefits
- $14k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO Above 90th percentile | $437k | $100k | — | $10k | $593k $638k |
Assistant Treasurer & SVP Finance Senior Vice President 25th percentile to median | $156k | $5k | — | $13k | $182k $196k |
VP Business Development Board Vice President Median to 75th percentile | $155k | — | — | $19k | $182k $195k |
SVP of Strategic Initiatives Senior Vice President 25th percentile to median | $148k | $5k | — | $19k | $180k $193k |
SVP of Community Development Senior Vice President 25th percentile to median | $146k | $5k | — | $16k | $175k $188k |
SVP of Business Development Senior Vice President 25th percentile to median | $137k | $5k | — | $17k | $166k $179k |
SVP Talent & Diversity Senior Vice President 25th percentile to median | $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.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Up 8%
from 2023
From $549k in 2023 to $593k in 2024.
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.
Chief Executive Officer pay rose 8% from 2023 to 2024, while revenue rose 268%.
- Senior Vice President pay fell 18% from 2023 to 2024.
- Board Vice President pay rose 5% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
THE RIGHT PLACE INC reported revenue and expenses across 2 filing years.
Common questions about THE RIGHT PLACE INC
What does the Chief Executive Officer of THE RIGHT PLACE INC earn?
In 2024, the Chief Executive Officer of THE RIGHT PLACE INC received $592,833 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at THE RIGHT PLACE INC 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 RIGHT PLACE INC falls in the top 10%.
What are THE RIGHT PLACE INC's revenue and expenses?
In 2024, THE RIGHT PLACE INC reported $33.9M in total revenue and $33.6M in total expenses on its IRS Form 990.
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