2. About MACE
Founded in 1972, serves five-state region
Iowa, Minnesota, Nebraska, North Dakota, South Dakota
Purpose is three-fold
• Provide continuing education opportunities
• Facilitate connection with industry peers
• Develop a regional ethic among chambers of commerce
Expanded Product Line
• Annual Conference
• Compensation & Benefits Survey
• Membership Satisfaction Survey
• Newsline
• Chamber Insight Webinars
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3. Board of Directors
•Andy Peterson – ND Chamber (Chair)
• Larry Dowell – Dowell Stute & Associates (Secretary/Treasurer)
• Dan Mauk – North Platte, NE (Vice Chair)
• Lori Warner – South Sioux City, NE
• Kay Breuer – Burlington, IA
• Darlene Macklin - Worthington, MN
• Ken Warner - Willmar, MN
• Sonya Moller – Mitchell, SD
• Peggy Woolridge – Huron, SD
• Kelvin Hullet – Bismarck, ND
• Tom Kuhlman – Okoboji, IA
• Vicki Mallory – Algona, IA
• Douglas Loon – U.S. Chamber
• Evan Nolte – Sioux Falls, SD
• Sharyle Sands – Columbus, NE
• Ruthe Batulis – Eagan, MN
• Carmen Schramm – Yankton, SD
3
4. Survey Background
Methodology
Self reporting, sampling, corrupt data
Who was surveyed
• Iowa, Illinois, Nebraska, Minnesota, North Dakota, South Dakota,
Wisconsin
Who participated
4
5. State Participation
49
6
WI 26%
IL 20% 56
SD 4%
8
ND 3% IA 19% 42
40
NE 6% 12
MN 23%
Trend Lines
Overall, participation was up in 2012 from 2010. The
addition of Illinois in 2012 increased overall numbers
substantially.
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6. Gender of Chief Paid Executive
36.7% 63.2%
Percentages have remained stable since 2008
6
7. Age of Chief Paid Executive
5% 10% 20% 35%
18-29 30-37 38-45 46-55
30%
Over 55
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8. Interesting 2012 Facts
93% 4% 44.7 92%
Of chambers have a Average retirement Average age of Chambers surveyed
full-time Chief Paid match by employer chamber Executive use Facebook. 15%
Executive for Executive have a mobile app.
$16,225 $35,658 $309.51
Average amount Special Projects Manager is Average monthly amount
added to reserves the lowest paid employer pays for Executive’s
during last fiscal year professional staff member auto reimbursement
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9. Chambers that operate a CVB
Illinois Wisconsin
10% Iowa 38%
33%
South Dakota Minnesota
85% 35%
Nebraska
50% North Dakota
0%
9
11. Expense Categories
Trends
48%
Administration
16%
Operations
33%
Programs
Generally, as budgets
increase, the
percentage spent on
programs also
increases.
Salaries, benefits, etc. Rent, utilities, buildings, All other expenses
equipment, etc.
11
12. Does chamber directly contribute to
cost of medical insurance?
49% 51%
2012 Yes No
2010
Medical Insurance
Half of chambers surveyed contribute to medical insurance.
Over 95% of chambers with budgets over $300,000 contribute to the cost of
medical insurance.
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13. If yes, what percent is paid for by the Chamber?
% Paid Employee Spouse Family
1 – 19 % 6.5% 4.3% 4.3%
20 – 50 % 9.8% 10.6% 10.6%
51 – 70 % 7.6% 8.5% 8.5%
71 – 80 % 33.7% 40.4% 40.4%
81 – 99 % 5.4% 8.5% 8.5%
100 % 37% 27.6% 27.6%
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14. Market Penetration
45% 29% 14%
$50k $200k $750k
↑ ↑ ↑
% of businesses who are chamber members drop as chamber grows larger
Chamber members Potential chamber
members
14
16. Membership Models
Trends
50%
Investment
40%
Tiered Dues
10%
Other
10% of chambers
using membership
investment formulas
Formula plan on changing their
membership model in
the next 24 months
Traditional dues Members choose Hybrid or other
formula factoring in dues levels based approaches
employee on needs or interest
count, etc.
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17. Compensation
Position Mean Median Minimum Maximum
Chief Paid Executive $65,239.86 $58,000.00 $23,900.00 $190,000.00
Membership Manager $34,217.98 $33,000.00 commission only $81,500.00
Membership Salesperson $29,273.35 $27,840.96 commission only $80,000.00
Communications Manager $40,485.81 $38,000.00 $25,000.00 $68,000.00
CVB Manager $46,648.84 $38,000.00 $25,168.00 $107,625.00
Program Manager $38,790.94 $38,500.00 $19,337.00 $61,285.00
Economic Development Manager $66,129.57 $67,500.00 $27,040.00 $130,000.00
Administrative Assistant or
$29,029.25 $29,120.00 $16,000.00 $50,700.00
Receptionist
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18. Annual Base Salary
Mean 2006 2008 2010 2012
Chief Paid Executive $54,082 $55,060 $56,257 $65,239
Vice President $47,045 $50,198 $53,407 $55,007
Membership Manager $32,423 $35,281 $33,686 $34,217
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19. Bonus & Pay Increase
Position Percent who Average Potential
have bonus plan Bonus
Chief Paid Executive 47% $7,728.84
Membership Manager 50% $4,248.38
Membership Salesperson 38% $6,336.36
Communications Manager 34% $1,909.09
CVB Manager 39% $2,370.00
Program Manager 54% $1,742.11
Economic Development Manager 35% $5,700.00
Administrative Assistant or
28% $989.86
Receptionist
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20. Profile of the Average Chamber Executive
$50,000 and $50,001 - $100,001 - $200,001 -
below $100,000 $200,000 $300,000
• Female • Female • Female • Female
• 39.4 years old • 45 years old • 43.8 years old • 46 years old
• Some College • Bachelor’s • Bachelor’s • Bachelor’s
• 1-3 year tenure • 4-6 year tenure • 4-6 year tenure • 7-10 year tenure
• 200 members • 200 members • 260 members • 401 members
• $28,635 • $36,230 • $46,054 • $51,971
$300,001 - $500,001 - $750,001 – More than
$500,000 $750,000 $1 million $1 million
• Female • Male • Male • Male
• 45 years old • 46 years old • 39 years old • 47 years old
• Bachelor’s • Bachelor’s • Bachelor’s • Bachelor’s
• 7-10 year tenure • 7-10 year tenure • 11-15 year tenure • 11-15 year tenure
• 470 members • 607 members • 836 members • 1,154 members
• $67,246 • $82,433 • $94,000 • $131,825
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21. Conclusion
Full survey report is available on MACE
Website
Jun www.MidAmericaChamberExecutives.com
15 Chambers desiring custom reports or
2012 specific data requests should be directed
to: Carrie Kirkpatrick
Dowell Stute & Associates
carrie@dowellstute.com
651-221-0850
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Pleased and honoredDSA 2008, 2010 and 2012 surveyThe need for industry benchmarksSurvey has many uses. For example: CEO compensation, fringe benefit plans, salary competitiveness researchGeorge BushWhat boards are looking for/skillsPersonality AttributesBenchmarks
2010: 1552012: 213Wisconsin and Illinois added and has a positive impact on averages such as executive compensationIowa: the majority of Iowa chambers fall into the 100-200k income categories.
Identical percentage with a much larger sampleWisconsin: Highest percent female 73%Iowa: Highest percent male 47%Iowa: Male – 47% / Female – 53%
Industry is aging, same as economy as a wholeIllinois:18-29: 7.5%30-37: 12.5%38-45: 20%46-55: 27.5%55+: 32.5%Iowa chamber execs generally younger than in the rest of the region
Salary comparisons are full-time onlyRetirement match increased from 3% in 2010 to 4% in 2012Average amount added to Reserves is up over 100% from 2010Illinois: Same full-time percentage3% average retirement match41.8 average age100% use Facebook$7,000 average amount added to reserves – significantly less than region as a whole
During most recent fiscal yearReturning to historical – 75-25Lowest profitability: Iowa 60%-40%Highest profitability: Wisconsin 77%-23%Highest profitability by income are those smaller chambers with budgets of $200,000-$300,000 – 82%
Nebraska had highest Admin expense – 54%North Dakota had lowest Program expense – 17% Iowa – identical to regional average
2010 – Chambers with budgets $100,000-$200,000, only 26% contribute to medicalIowa:50% directly contribute to medical insurance
Note 75% in the 71-100% rangesIowa:Similar to industry averages, but with only 42% in 71-100% ranges
$50,000 - $100,000 = 45% penetration$200,000-$300,000 = 29%$750,000 - 1 million = 14.29%Iowa: Trend holds true, although less pronounced
Concerning – 2006: 5.75, 2012: 4.6Return to profitability by reducing overhead, i.e. staffIowa:On average, fewer staff – 4.0
Base rate increased – 2010: 235.27, 2012: 247.955% increaseIowa: Greater number using most traditional dues method, few looking to switch in next 2 yearsFormula – 60%Tiered – 35%Other – 7.5%
Quick reviewIowa Averages: Generally lower than average compensation. When broken out by income category, no real pattern emerges. Sometimes slightly above average, sometimes slightly below.Chief Paid Executive by Income: $50,000 and below $26,180.67$50,001 - $100,000$39,750.00$100,001 - $200,000$42,791.53$200,001 - $300,000$66,458.75$300,001 - $500,000 $72,069.87$500,001 - $750,000$91,666.67$750,001 - $1,000,000$139,000.00Chief Paid Executive $64,096.72 (average)Membership Manager $33,773.10 (average)Membership Salesperson $18,000.00 (less than average)Communication Manager $35,625.00 (less than average)CVB Manager $41,695.00(less than average)Program Manager $37,000.00 (less than average)ED Manager $89,992.50 (more than average)Administrative Assistant $21,717.48 (less than average)
CEO increase only partially explained by Illinois additionMost growth came from within 6 statesExecutive 16% over 2010Membership 1.5% over 2010 and similar for other staff positions
Larger the chamber, more likely to have bonus planCEO bonus – percent of chambers increased2010: 45%2012: 47%Iowa: Generally fewer bonus plans offered, but average bonus potentials are the same
Note female to male trendNote tenure at chamberNote compensationGood news females 2% increase in women in top income categoriesIowa: Trends hold true