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Filing year 2023

ARROWHEAD ECONOMIC OPPORTUNITY AGENCY INCORPORATED

Virginia, Minnesota·EIN 41-6052144·501(c)(3)
Total revenue
$49.9M
Total assets
$35.7M
Total expenses
$47.2M
Reported officers
38
Mission

Arrowhead Economic Opportunity Agency (AEOA) strengthens communities by providing opportunities for people experiencing social and economic challenges.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2023

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

Executive Director
Median to 75th percentile
$163k
$181k
Base
$151k
Bonus
Other
Benefits
Human Resources Director, Assistant Exec Director
Key Employee
25th percentile to median
$147k
$162k
Chief Financial Officer
Median to 75th percentile
$126k
$139k
Senior Services Director
Key Employee
25th percentile to median
$123k
$136k
Housing Director
Key Employee
25th percentile to median
$120k
$132k
Employment Director
Key Employee
25th percentile to median
$118k
$130k
Transportation Director
Key Employee
25th percentile to median
$112k
$123k
Planning Director
Key Employee
25th percentile to median
$102k
$113k
Headstart Director
Key Employee
25th percentile to median
$91k
$101k
Information Systems Director Hired November 2024
Key Employee
25th percentile to median
$52k
$57k

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 28 unpaid individuals.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 6%
from 2022

From $154k in 2022 to $163k in 2023.

$154k
2022
$163k
2023
In today's dollarsEst.
Up 2% in real terms$177k to $181k

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 6% from 2022 to 2023, while revenue rose 6%.

$154k in 2022 to $163k in 2023.
  • Key Employee pay rose 3% from 2022 to 2023.
  • Chief Financial Officer pay fell 1% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

Revenue and expenses over time

ARROWHEAD ECONOMIC OPPORTUNITY AGENCY INCORPORATED reported revenue and expenses across 2 filing years.

RevenueExpenses
$47.1M
$43.1M
2022
$49.9M
$47.2M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about ARROWHEAD ECONOMIC OPPORTUNITY AGENCY INCORPORATED

What does the Chief Executive Officer of ARROWHEAD ECONOMIC OPPORTUNITY AGENCY INCORPORATED earn?

In 2023, the Chief Executive Officer of ARROWHEAD ECONOMIC OPPORTUNITY AGENCY INCORPORATED received $163,412 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 ARROWHEAD ECONOMIC OPPORTUNITY AGENCY INCORPORATED compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at ARROWHEAD ECONOMIC OPPORTUNITY AGENCY INCORPORATED falls between the median and the 75th percentile.

What are ARROWHEAD ECONOMIC OPPORTUNITY AGENCY INCORPORATED's revenue and expenses?

In 2023, ARROWHEAD ECONOMIC OPPORTUNITY AGENCY INCORPORATED reported $49.9M in total revenue and $47.2M in total expenses on its IRS Form 990.

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