Carmelo Lipsi
Municipal Property Assessment Corporation/Vice President and Chief Operating Officer / Vice-président et Chef de l'exploitation
2025 Salary
$307,541Total compensation $318,731, including $11,190 in taxable benefits.
Source: Ontario’s Public Sector Salary Disclosure — names paid $100,000 or more that year. How we build this · Report an error on this page
At a Glance
2025
Employer Rank
#3Municipal Property Assessment Corporation
Years on List
202006–2025
Peak Salary
$307,5412025
Full 2025 roster at Municipal Property Assessment Corporation →·See where $307,541 ranks →
Total Compensation History
Full History
2006–2025
$104,534 in 2006 is worth about $157,328 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Vice President and Chief Operating Officer / Vice-président et Chef de l'exploitationMunicipal Property Assessment Corporation | $307,541 |
| 2024 | Vice President and Chief Operating Officer / Vice-président et chef de l’exploitationMunicipal Property Assessment Corporation | $300,205 |
| 2023 | Vice President and Chief Operating Officer / Vice-président et Chef de l'exploitationMunicipal Property Assessment Corporation | $261,905 |
| 2022 | Vice President and Chief Operating Officer / Vice-président et Chef de l’exploitationMunicipal Property Assessment Corporation | $250,306 |
| 2021 | Vice President and Chief Operating Officer / Vice-président et Chef de l’exploitationMunicipal Property Assessment Corporation | $245,454 |
| 2020 | Vice President and Chief Operating Officer / Vice-président et chef de l’exploitationMunicipal Property Assessment Corporation | $248,607 |
| 2019 | Vice President and Chief Operating Officer / Vice-président et chef de l’exploitationMunicipal Property Assessment Corporation | $243,452 |
| 2018 | Vice President and Chief Operating Officer / Vice-président et chef de l'exploitationMunicipal Property Assessment Corporation | $234,490 |
| 2017 | Vice President and Chief Operating Officer / Vice-président et chef de l'exploitationMunicipal Property Assessment Corporation | $280,032 |
| 2016 | Director Valuation and Customer RelationsMunicipal Property Assessment Corporation | $158,574 |
| 2015 | Director Valuation and Customer Relations/Directeur de l'Evaluation et Relations avec la clientèleMunicipal Property Assessment Corporation | $162,840 |
| 2014 | Director Valuation and Customer Relations / Directeur de l'Evaluation et Relations avec la clientèleMunicipal Property Assessment Corporation | $149,069 |
| 2013 | Director Valuation and Customer Relations / Directeur de l'Evaluation et Relations avec la clientèleMunicipal Property Assessment Corporation / Société d’évaluation foncière des municipalités | $142,295 |
| 2012 | Director Valuation & Customer Relations / Directeur de l'évaluation et des relations avec la clientèleMunicipal Property Assessment Corporation / Société d'évaluation foncière des municipalités | $129,970 |
| 2011 | Director Valuation and Customer Relations / Directeur de l'Évaluation et des Relations avec la ClientèleMunicipal Property Assessment Corporation / Société d'évaluation foncière des municipalités | $126,626 |
| 2010 | Director Valuation & Customer RelationsMunicipal Property Assessment Corporation | $125,138 |
| 2009 | Director, Customer ServiceMunicipal Property Assessment Corporation | $124,497 |
| 2008 | Director, Customer ServiceMunicipal Property Assessment Corporation | $117,881 |
| 2007 | Acting Director, Customer ServiceMunicipal Property Assessment Corporation | $111,970 |
| 2006 | Director, Customer ServiceMunicipal Property Assessment Corporation | $104,534 |
Take-Home Pay
(After Tax) · 2025 estimate
Take-home on Carmelo Lipsi's 2025 salary of $307,541 comes to roughly $182,872 once federal and Ontario income tax (about 38.7% effective) is deducted. Within Municipal Property Assessment Corporation, Carmelo Lipsi's total compensation of $318,731 was the #3 of 594, against a median salary of $115,178. Carmelo Lipsi has appeared on the list 20 times since 2006. This estimate leaves out pension contributions; members of OMERS, OTPP, HOOPP or OPTrust typically take home another 7–10% less.
- Estimated net pay
- ~$182,872
- Effective income-tax rate (excl. CPP/EI)
- ~38.7%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~40.5%
Where does $307,541 rank on the Sunshine List? →
Estimate only: 2025 federal and Ontario rates, basic personal amounts, Canada employment amount and CPP/EI credits; single, employment income only, salary treated as full-year income. Ignores pension contributions (OMERS, HOOPP, OTPP, OPTrust and similar plans lower actual take-home), union dues, RRSPs and benefits.