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Filing year 2024

COMMONBOND COMMUNITIES

Saint Paul, Minnesota·EIN 41-1260469·501(c)(3)
Total revenue
$52.4M
Total assets
$212.4M
Total expenses
$38M
Reported officers
25
Mission

COMMONBOND'S MISSION IS TO BUILD STABLE HOMES, STRONG FUTURES AND VIBRANT COMMUNITIES. AS THE LARGEST NONPROFIT PROVIDER OF AFFORDABLE HOMES IN THE UPPER MIDWEST, COMMONBOND HAS BEEN BUILDING AND SUSTAINING HOMES WITH SERVICES TO FAMILIES, SENIORS, AND INDIVIDUALS WITH DISABILITIES SINCE 1971. COMMONBOND COMBINES AFFORDABLE HOUSING WITH ADVANTAGE SERVICES WITH THE GOAL OF HELPING ACHIEVE STABILITY, ADVANCEMENT, AND INDEPENDENCE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2024

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

President & CEO
Above 90th percentile
$318k
$340k
Base
$297k
Bonus
Other
Benefits
$21k
Interim VP of A&d
Board Vice President
Median to 75th percentile
$181k
$194k
Base
$171k
Bonus
Other
Benefits
$10k
Executive VP of Housing Services
Executive Vice President
10th to 25th percentile
$23k
$25k
EVP of Risk Management
Executive Vice President
Below 10th percentile
$15k
$16k
Executive VP of Talent Equity, Culture
Executive Vice President
Below 10th percentile
$14k
$15k
Interim CFO
10th to 25th percentile
$6k
$7k

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 19 unpaid individuals.

Funded by

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

Held steady
from 2023

From $319k in 2023 to $318k in 2024.

$319k
2023
$318k
2024
In today's dollarsEst.
Down 3% in real terms$349k to $340k

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 held roughly steady from 2023 to 2024, while revenue rose 74%.

$319k in 2023 to $318k in 2024.
  • Executive Vice President pay rose 23% from 2023 to 2024.
  • Chief Financial Officer pay fell 67% from 2023 to 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

COMMONBOND COMMUNITIES reported revenue and expenses across 2 filing years.

RevenueExpenses
$30.1M
$43.7M
2023
$52.4M
$38M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about COMMONBOND COMMUNITIES

What does the Chief Executive Officer of COMMONBOND COMMUNITIES earn?

In 2024, the Chief Executive Officer of COMMONBOND COMMUNITIES received $318,395 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at COMMONBOND COMMUNITIES compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at COMMONBOND COMMUNITIES falls in the top 10%.

What are COMMONBOND COMMUNITIES's revenue and expenses?

In 2024, COMMONBOND COMMUNITIES reported $52.4M in total revenue and $38M in total expenses on its IRS Form 990.

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