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Filing year 2023

CFA Society of Minnesota

Minneapolis, Minnesota·EIN 41-1861989·NTEE S41 · Community Improvement & Capacity Building·6
Total revenue
$471k
Total assets
$597k
Total expenses
$522k
Reported officers
15
Mission

OUR MISSION: To advance professional excellence while promoting ethical behavior and fellowship through development and engagement opportunities for our members.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Minnesota.

Executive Director
Median to 75th percentile
$123k
$134k

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 14 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at CFA Society of Minnesota equaled 24% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
24%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,143 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 15%
from 2022

From $107k in 2022 to $123k in 2023.

$107k
2022
$123k
2023
In today's dollarsEst.
Up 12% in real terms$120k to $134k

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

Chief Executive Officer pay rose 15% from 2022 to 2023, while revenue rose 2%.

$107k in 2022 to $123k in 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 CFA Society of Minnesota

What does the Chief Executive Officer of CFA Society of Minnesota earn?

In 2023, the Chief Executive Officer of CFA Society of Minnesota received $122,667 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Minnesota, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at CFA Society of Minnesota compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Minnesota, the 2023 pay of the Chief Executive Officer at CFA Society of Minnesota falls between the median and the 75th percentile. In 2023, the highest total compensation at CFA Society of Minnesota equaled 24% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are CFA Society of Minnesota's revenue and expenses?

In 2023, CFA Society of Minnesota reported $471k in total revenue and $522k in total expenses on its IRS Form 990.

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