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Filing year 2024

AREA PARTNERSHIP FOR ECONOMIC EXPANSION

Duluth, Minnesota·EIN 32-0079166·NTEE S41 · Community Improvement & Capacity Building·501(c)(6)
Total revenue
$774k
Total assets
$881k
Total expenses
$745k
Reported officers
11
Mission

PROMOTE AND DEVELOP ECONOMIC EXPANSION IN DULUTH AND NORTHEASTERN MN AND NORTHWESTERN WISCONSIN. THE ORGANIZATION LEADS REGIONAL RESEARCH EFFORTS RELATED TO HUMAN RESOURCES, AND EMERGING INDUSTRIES TO INFORM BUSINESS DEVELOPMENT AND BUSINESS RECRUITING ACTIVITIES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Ceo/presiden
Officer (Unspecified)
$206k
$222k
Base
$202k
Bonus
Other
Benefits
$5k

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 10 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at AREA PARTNERSHIP FOR ECONOMIC EXPANSION equaled 28% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
28%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 27%
from 2023

From $163k in 2023 to $206k in 2024.

$163k
2023
$206k
2024
In today's dollarsEst.
Up 24% in real terms$180k to $222k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

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

FAQ

Common questions about AREA PARTNERSHIP FOR ECONOMIC EXPANSION

What are AREA PARTNERSHIP FOR ECONOMIC EXPANSION's revenue and expenses?

In 2024, AREA PARTNERSHIP FOR ECONOMIC EXPANSION reported $774k in total revenue and $745k in total expenses on its IRS Form 990.

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