Community Improvement · MI
Southwest Michigan First Corp
Southwest Michigan First Corp reported paying Jonas Peterson, Chief Executive Officer, $575,497 in total compensation (FY 2024).
That places Jonas Peterson at approximately the 99th percentile among 74 similarly sized community improvement nonprofits (median $163,038).
$6,829,723Total revenue (FY 2024)
$575,497Total executive compensation
99thPercentile vs. peers
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Generate a board-ready comparability report for Southwest Michigan First Corp — named comparables, percentiles, methodology, and the 26 CFR 53.4958-6 minutes language a board can use toward the rebuttable presumption.
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Compensation is normalized to MI cost of living (BEA Regional Price Parities); each organization's reported figure is on its linked 990.
| Organization | State | Revenue | Total comp |
|---|---|---|---|
| Three Roots Capital | TN | $6,836,645 | $628,465 |
| Lake Area Improvement Corporation | SD | $6,862,934 | $199,890 |
| California Coastal Rural Development Cor | CA | $6,796,425 | $224,296 |
| Innovatepgh Partnership | PA | $6,796,142 | $166,531 |
| Wayne State University Research And | MI | $6,792,234 | $287,526 |
| Greater Houston Partnership Foundation | TX | $6,873,344 | $23,264 |
| Fresno Area Hispanic Foundation | CA | $6,675,419 | $192,583 |
| Somercor 504 Inc | IL | $7,019,353 | $309,865 |