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Filing year 2024

COMMUNITY DEVELOPMENT OF MORRISON COUNTY INC

Little Falls, Minnesota·EIN 41-1297431·6
Total revenue
$207k
Total assets
$1.9M
Total expenses
$153k
Reported officers
18
Mission

TO PROMOTE, DEVELOP, AND ESTABLISH INDUSTRIAL, COMMERCIAL AND OTHER BUSINESSES IN LITTLE FALLS AND MORRISON COUNTY. FUNDS ARE RECEIVED FROM THE U.S. DEPARTMENT OF AGRICULTURE RURAL BUSINESS-COOPERATIVE SERVICE, THE COUNTY, AND THE CITY; AND THEN THESE FUNDS ARE LENT OUT TO BUSINESSES. AS LOANS ARE REPAID TO THE ORGANIZATION, ADDITIONAL LOANS ARE MADE.

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.

Executive Di
Median to 75th percentile
$96k
$104k

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 17 unpaid individuals.

Up 9%
from 2023

From $89k in 2023 to $96k in 2024.

$89k
2023
$96k
2024
In today's dollarsEst.
Up 6% in real terms$98k to $104k

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 2023 to 2024, while revenue fell 6%.

$89k in 2023 to $96k 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

COMMUNITY DEVELOPMENT OF MORRISON COUNTY INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$219k
$179k
2023
$207k
$153k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about COMMUNITY DEVELOPMENT OF MORRISON COUNTY INC

What does the Chief Executive Officer of COMMUNITY DEVELOPMENT OF MORRISON COUNTY INC earn?

In 2024, the Chief Executive Officer of COMMUNITY DEVELOPMENT OF MORRISON COUNTY INC received $96,356 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at COMMUNITY DEVELOPMENT OF MORRISON COUNTY INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at COMMUNITY DEVELOPMENT OF MORRISON COUNTY INC falls between the median and the 75th percentile.

What are COMMUNITY DEVELOPMENT OF MORRISON COUNTY INC's revenue and expenses?

In 2024, COMMUNITY DEVELOPMENT OF MORRISON COUNTY INC reported $207k in total revenue and $153k in total expenses on its IRS Form 990.

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