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Filing year 2024

WATERFORD AREA CHAMBER OF COMMERCE

Waterford, Michigan·EIN 38-3410726·6
Total revenue
$198k
Total assets
$532k
Total expenses
$183k
Reported officers
13
Mission

TO PRESERVE AND PROMOTE THE VITALITY AND ECONOMIC GROWTH OF THE BUSINESS COMMUNITY IN WATERFORD AND THE SURROUNDING AREAS.

Executive compensation

Form 990 · 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.

Executive Di
25th percentile to median
$57k
$60k

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 12 unpaid individuals.

Down 9%
from 2023

From $63k in 2023 to $57k in 2024.

$63k
2023
$57k
2024
In today's dollarsEst.
Down 12% in real terms$68k to $60k

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 9% from 2023 to 2024, while revenue rose 11%.

$63k in 2023 to $57k 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

WATERFORD AREA CHAMBER OF COMMERCE reported revenue and expenses across 2 filing years.

RevenueExpenses
$178k
$170k
2023
$198k
$183k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about WATERFORD AREA CHAMBER OF COMMERCE

What does the Chief Executive Officer of WATERFORD AREA CHAMBER OF COMMERCE earn?

In 2024, the Chief Executive Officer of WATERFORD AREA CHAMBER OF COMMERCE received $57,179 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 WATERFORD AREA CHAMBER OF COMMERCE compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at WATERFORD AREA CHAMBER OF COMMERCE falls between the 25th percentile and the median.

What are WATERFORD AREA CHAMBER OF COMMERCE's revenue and expenses?

In 2024, WATERFORD AREA CHAMBER OF COMMERCE reported $198k in total revenue and $183k in total expenses on its IRS Form 990.

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