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Filing year 2024

ALEXANDRIA AREA ECONOMIC DEVELOPMENT COMMISSION

Alexandria, Minnesota·EIN 41-1670874·6
Total revenue
$447k
Total assets
$998k
Total expenses
$348k
Reported officers
9
Mission

THE ALEXANDRIA AREA ECONOMIC DEVELOPMENT COMMISSION IS ORGANIZED TO ASSIST MANUFACTURING AND OTHER BUSINESSES TO LOCATE OR EXPAND IN THE ALEXANDRIA MINNESOTA AREA.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Executive Di
Median to 75th percentile
$134k
$144k

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 8 unpaid individuals.

Up 3%
from 2023

From $130k in 2023 to $134k in 2024.

$130k
2023
$134k
2024
In today's dollarsEst.
Roughly flat in real terms$144k to $144k

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 3% from 2023 to 2024, while revenue rose 24%.

$130k in 2023 to $134k 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.
Financial trend

Revenue and expenses over time

ALEXANDRIA AREA ECONOMIC DEVELOPMENT COMMISSION reported revenue and expenses across 2 filing years.

RevenueExpenses
$361k
$430k
2023
$447k
$348k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about ALEXANDRIA AREA ECONOMIC DEVELOPMENT COMMISSION

What does the Chief Executive Officer of ALEXANDRIA AREA ECONOMIC DEVELOPMENT COMMISSION earn?

In 2024, the Chief Executive Officer of ALEXANDRIA AREA ECONOMIC DEVELOPMENT COMMISSION received $133,500 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ALEXANDRIA AREA ECONOMIC DEVELOPMENT COMMISSION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at ALEXANDRIA AREA ECONOMIC DEVELOPMENT COMMISSION falls between the median and the 75th percentile.

What are ALEXANDRIA AREA ECONOMIC DEVELOPMENT COMMISSION's revenue and expenses?

In 2024, ALEXANDRIA AREA ECONOMIC DEVELOPMENT COMMISSION reported $447k in total revenue and $348k in total expenses on its IRS Form 990.

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