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Filing year 2023

AFRICAN ECONOMIC DEVELOPMENT SOLUTIONS

St Paul, Minnesota·EIN 80-0345712·NTEE B60 · Education·501(c)(3)
Total revenue
$3.9M
Total assets
$10.1M
Total expenses
$1.9M
Reported officers
9
Mission

AFRICAN ECONOMIC DEVELOPMENT SOLUTIONS (AEDS) BUILDS WEALTH WITHIN AFRICAN IMMIGRANT COMMUNITIES IN THE TWIN CITIES THROUGH ECONOMIC DEVELOPMENT ACTIVITIES. WE WORK THROUGHOUT THE TWIN CITIES METROPOLITAN AREA TO CREATE WEALTH, LIFT IMMIGRANT COMMUNITIES OUT OF POVERTY, AND CONTRIBUTE TO AND BENEFIT FROM THE REGION'S VIBRANT ECONOMY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Minnesota.

President & CEO
Median to 75th percentile
$157k
$171k
Base
$133k
Bonus
Other
Benefits
$23k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at AFRICAN ECONOMIC DEVELOPMENT SOLUTIONS equaled 8% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
8%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education 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.

Among peers

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

FAQ

Common questions about AFRICAN ECONOMIC DEVELOPMENT SOLUTIONS

What does the Chief Executive Officer of AFRICAN ECONOMIC DEVELOPMENT SOLUTIONS earn?

In 2023, the Chief Executive Officer of AFRICAN ECONOMIC DEVELOPMENT SOLUTIONS received $156,844 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Education organizations in Minnesota, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at AFRICAN ECONOMIC DEVELOPMENT SOLUTIONS compare with similar nonprofits?

Compared with the same role at Education organizations in Minnesota, the 2023 pay of the Chief Executive Officer at AFRICAN ECONOMIC DEVELOPMENT SOLUTIONS falls between the median and the 75th percentile. In 2023, the highest total compensation at AFRICAN ECONOMIC DEVELOPMENT SOLUTIONS equaled 8% of the organization's total expenses. The median for education organizations is 7%.

What are AFRICAN ECONOMIC DEVELOPMENT SOLUTIONS's revenue and expenses?

In 2023, AFRICAN ECONOMIC DEVELOPMENT SOLUTIONS reported $3.9M in total revenue and $1.9M in total expenses on its IRS Form 990.

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