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Filing year 2024

CARING PLACE INC

Forest Lake, Minnesota·EIN 41-1382071·3
Total revenue
$105k
Total assets
$0
Total expenses
$125k
Reported officers
2
Mission

Educational: To provide an educational environment of love and approval for children 16 month to 12 years of age.

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.

Director
Key Employee
10th to 25th percentile
$38k
$40k

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 1 unpaid individual.

Down 58%
from 2023

From $90k in 2023 to $38k in 2024.

$90k
2023
$38k
2024
In today's dollarsEst.
Down 59% in real terms$98k to $40k

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

Key Employee pay fell 58% from 2023 to 2024, while revenue fell 64%.

$90k in 2023 to $38k 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

CARING PLACE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$292k
$292k
2023
$105k
$125k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about CARING PLACE INC

What does the Key Employee of CARING PLACE INC earn?

In 2024, the Key Employee of CARING PLACE INC received $37,950 in total compensation. This pay is in the bottom quarter for Key Employee roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Key Employee pay at CARING PLACE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Key Employee at CARING PLACE INC falls between the 10th and 25th percentiles.

What are CARING PLACE INC's revenue and expenses?

In 2024, CARING PLACE INC reported $105k in total revenue and $125k in total expenses on its IRS Form 990.

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