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Filing year 2024

VETERANS EDUCATION AND RESEARCH ASSOCIATION OF MICHIGAN

Ann Arbor, Michigan·EIN 38-3060217·501(c)(3)
Total revenue
$2.1M
Total assets
$4.8M
Total expenses
$2.3M
Reported officers
13
Mission

TO CONDUCT BIOMEDICAL, CLINICAL, HEALTH SERVICES, AND REHABILITATION RESEARCH TO EXPAND KNOWLEDGE AND UNDERSTANDING OF DISEASES. TO PROVIDE CONTINUING EDUCATION FOR VA ANN ARBOR HEALTHCARE SYSTEM STAFF, FOUNDATION STAFF, AND THE MEDICAL COMMUNITY.

Executive compensation

Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2024

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

Executive Di
Median to 75th percentile
$140k
$151k
Board Member
Above 90th percentile
$128k
$138k
Board Member
Above 90th percentile
$110k
$118k
Finance Mana
Finance Manager
Median to 75th percentile
$108k
$116k
Contracts &
Highest Compensated Employee
10th to 25th percentile
$107k
$115k
Board Member
75th to 90th percentile
$84k
$90k
Board Member
75th to 90th percentile
$80k
$86k
President
25th percentile to median
$59k
$63k
Secretary/tr
Officer (Unspecified)
$48k
$52k

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 4 unpaid individuals.

Up 37%
from 2023

From $102k in 2023 to $140k in 2024.

$102k
2023
$140k
2024
In today's dollarsEst.
Up 33% in real terms$113k to $151k

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.

Pay for the position

Chief Executive Officer pay rose 37% from 2023 to 2024, while revenue fell 12%.

$102k in 2023 to $140k in 2024.
  • Board Member pay rose 27% from 2023 to 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

VETERANS EDUCATION AND RESEARCH ASSOCIATION OF MICHIGAN reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.4M
$2.3M
2023
$2.1M
$2.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about VETERANS EDUCATION AND RESEARCH ASSOCIATION OF MICHIGAN

What does the Chief Executive Officer of VETERANS EDUCATION AND RESEARCH ASSOCIATION OF MICHIGAN earn?

In 2024, the Chief Executive Officer of VETERANS EDUCATION AND RESEARCH ASSOCIATION OF MICHIGAN received $139,920 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at VETERANS EDUCATION AND RESEARCH ASSOCIATION OF MICHIGAN compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at VETERANS EDUCATION AND RESEARCH ASSOCIATION OF MICHIGAN falls between the median and the 75th percentile.

What are VETERANS EDUCATION AND RESEARCH ASSOCIATION OF MICHIGAN's revenue and expenses?

In 2024, VETERANS EDUCATION AND RESEARCH ASSOCIATION OF MICHIGAN reported $2.1M in total revenue and $2.3M in total expenses on its IRS Form 990.

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