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Filing year 2024

AMPLIO ECONOMIC DEVELOPMENT CORPORATION

Arden Hills, Minnesota·EIN 41-1577185·501(c)(4)
Total revenue
$1.9M
Total assets
$2.6M
Total expenses
$1.7M
Reported officers
16
Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE INNOVATIVE FINANCING RESOURCES THAT FOSTER BUSINESS GROWTH.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

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

Assistant Secretary/ CEO
75th to 90th percentile
$272k
$290k
Base
$204k
Bonus
$33k
Other
Benefits
$24k
Assistant Treasurer
75th to 90th percentile
$217k
$231k
Base
$173k
Bonus
$8k
Other
Benefits
$27k
Loan Officer
Highest Compensated Employee
25th percentile to median
$140k
$149k

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 13 unpaid individuals.

Down 36%
from 2023

From $429k in 2023 to $272k in 2024.

$429k
2023
$272k
2024
In today's dollarsEst.
Down 38% in real terms$468k to $290k

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.

Pay for the position

Chief Executive Officer pay fell 36% from 2023 to 2024, while revenue rose 1%.

$429k in 2023 to $272k in 2024.
  • Chief Financial Officer pay fell 6% from 2023 to 2024.
  • Highest Compensated Employee pay fell 6% from 2023 to 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

AMPLIO ECONOMIC DEVELOPMENT CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.9M
$1.7M
2023
$1.9M
$1.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about AMPLIO ECONOMIC DEVELOPMENT CORPORATION

What does the Chief Executive Officer of AMPLIO ECONOMIC DEVELOPMENT CORPORATION earn?

In 2024, the Chief Executive Officer of AMPLIO ECONOMIC DEVELOPMENT CORPORATION received $272,227 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at AMPLIO ECONOMIC DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at AMPLIO ECONOMIC DEVELOPMENT CORPORATION falls between the 75th and 90th percentiles.

What are AMPLIO ECONOMIC DEVELOPMENT CORPORATION's revenue and expenses?

In 2024, AMPLIO ECONOMIC DEVELOPMENT CORPORATION reported $1.9M in total revenue and $1.7M in total expenses on its IRS Form 990.

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