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Filing year 2023

CENTENNIAL SQUARE

Willmar, Minnesota·EIN 41-1804213·NTEE L22 · Housing & Shelter·501(c)(3)
Total revenue
$206k
Total assets
$1.2M
Total expenses
$245k
Reported officers
17
Mission

SERVING OTHERS TOGETHER IN FAITH, COMMUNITY AND LIFE.

Executive compensation

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Minnesota.

CEO
25th percentile to median
$43k
$47k
Administrator/vp of Operations
Officer (Unspecified)
$36k
$40k
Finance Director
25th percentile to median
$28k
$31k
VP of Senior Housing
Senior Vice President
Below 10th percentilevs Housing & Shelter peers nationwide
$3k
$4k
COO
Below 10th percentilevs Housing & Shelter peers nationwide
$2k
$2k

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 12 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at CENTENNIAL SQUARE equaled 18% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
18%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 9%
from 2022

From $39k in 2022 to $43k in 2023.

$39k
2022
$43k
2023
In today's dollarsEst.
Up 5% in real terms$45k to $47k

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 9% from 2022 to 2023, while revenue fell 43%.

$39k in 2022 to $43k in 2023.
  • Chief Financial Officer pay fell 11% from 2022 to 2023.
  • Chief Operating Officer pay fell 95% 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.

Among peers

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

FAQ

Common questions about CENTENNIAL SQUARE

What does the Chief Executive Officer of CENTENNIAL SQUARE earn?

In 2023, the Chief Executive Officer of CENTENNIAL SQUARE received $42,961 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in Minnesota, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at CENTENNIAL SQUARE compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Minnesota, the 2023 pay of the Chief Executive Officer at CENTENNIAL SQUARE falls between the 25th percentile and the median. In 2023, the highest total compensation at CENTENNIAL SQUARE equaled 18% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are CENTENNIAL SQUARE's revenue and expenses?

In 2023, CENTENNIAL SQUARE reported $206k in total revenue and $245k in total expenses on its IRS Form 990.

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