BENET PLACE PROVIDES AFFORDABLE HOUSING TO LOW-INCOME QUALIFIED SENIOR CITIZENS, AGES 62 AND OLDER, THROUGH THE HUD-SPONSORED PROGRAM.
Executive compensation
Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Minnesota.
| Position | Total |
|---|---|
President and CEO 10th to 25th percentile | $42k $45k |
Board of Trustee Board Member Median to 75th percentilevs Housing & Shelter peers nationwide | $41k $44k |
Secretary and Treasurer Officer (Unspecified) | $41k $43k |
Assistant Secretary Officer (Unspecified) | $36k $38k |
VP Communications Mktg and Advocacy Board Vice President 75th to 90th percentile | $30k $32k |
Board of Trustee Board Member 25th percentile to medianvs Housing & Shelter peers nationwide | $16k $17k |
Secretary and Treasurer Officer (Unspecified) | $13k $14k |
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 4 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at BENET PLACE equaled 6% of the organization's total expenses. The median for housing & shelter organizations is 7%.
Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.
Climbed 84%
over 2 years
From $23k in 2022 to $42k in 2024.
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.
Director (Operational) pay fell 47% from 2022 to 2023, while revenue fell 5%.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about BENET PLACE
What does the Chief Executive Officer of BENET PLACE earn?
In 2024, the Chief Executive Officer of BENET PLACE received $41,871 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Housing & Shelter organizations in Minnesota, above the lowest 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at BENET PLACE compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in Minnesota, the 2024 pay of the Chief Executive Officer at BENET PLACE falls between the 10th and 25th percentiles. In 2024, the highest total compensation at BENET PLACE equaled 6% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are BENET PLACE's revenue and expenses?
In 2024, BENET PLACE reported $509k in total revenue and $707k in total expenses on its IRS Form 990.
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