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Filing year 2024

WEST MICHIGAN HISPANIC CHAMBER OF COMMERCE

Grand Rapids, Michigan·EIN 20-1483629·NTEE S41 · Community Improvement & Capacity Building·501(c)(6)
Total revenue
$3.5M
Total assets
$3M
Total expenses
$2.1M
Reported officers
13
Mission

TO INCREASE ECONOMIC ADVANCEMENT OF HISPANIC OWNED BUSINESSES AND SUPPORT THE PROFESSIONAL GROWTH OF HISPANICS IN WEST MICHIGAN.

Executive compensation, broken down

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 Community Improvement & Capacity Building organizations in Michigan.

President an
75th to 90th percentile
$178k
$191k
Base
$149k
Bonus
Other
Benefits
$22k

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 12 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at WEST MICHIGAN HISPANIC CHAMBER OF COMMERCE equaled 8% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
8%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

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

Up 15%
from 2023

From $155k in 2023 to $178k in 2024.

$155k
2023
$178k
2024
In today's dollarsEst.
Up 12% in real terms$171k to $191k

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 15% from 2023 to 2024, while revenue rose 222%.

$155k in 2023 to $178k 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about WEST MICHIGAN HISPANIC CHAMBER OF COMMERCE

What does the Chief Executive Officer of WEST MICHIGAN HISPANIC CHAMBER OF COMMERCE earn?

In 2024, the Chief Executive Officer of WEST MICHIGAN HISPANIC CHAMBER OF COMMERCE received $177,887 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Michigan, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at WEST MICHIGAN HISPANIC CHAMBER OF COMMERCE compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Michigan, the 2024 pay of the Chief Executive Officer at WEST MICHIGAN HISPANIC CHAMBER OF COMMERCE falls between the 75th and 90th percentiles. In 2024, the highest total compensation at WEST MICHIGAN HISPANIC CHAMBER OF COMMERCE equaled 8% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are WEST MICHIGAN HISPANIC CHAMBER OF COMMERCE's revenue and expenses?

In 2024, WEST MICHIGAN HISPANIC CHAMBER OF COMMERCE reported $3.5M in total revenue and $2.1M in total expenses on its IRS Form 990.

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