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Filing year 2024

DOWNTOWN MOORHEAD INC

Moorhead, Minnesota·EIN 81-3097290·NTEE S41 · Community Improvement & Capacity Building·6
Total revenue
$220k
Total assets
$211k
Total expenses
$210k
Reported officers
14
Mission

DOWNTOWN MOORHEAD INCORPORATED IS A PRIVATE, NON-PROFIT ORGANIZATION DEDICATED TO THE BENEFICIAL ECONOMIC GROWTH AND BUSINESS DEVELOPMENT OF DOWNTOWN MOORHEAD. WE ACCOMPLISH THIS THROUGH POLICY DEVELOPMENT, ADVOCACY, AND PROGRAM MANAGEMENT FUNCTIONS CONDUCTED ON BEHALF OF DOWNTOWN STAKEHOLDERS/INVESTORS, AND IN COOPERATION WITH PUBLIC AND OTHER PRIVATE-SECTOR PARTNERS.

Executive compensation, broken down

Form 990 · Schedule J · 1 reported individual · Filing year 2024

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

President/ceo
75th to 90th percentile
$170k
$183k
Base
$161k
Bonus
Other
Benefits
$9k

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 13 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at DOWNTOWN MOORHEAD INC equaled 81% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
81%
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 5%
from 2023

From $163k in 2023 to $170k in 2024.

$163k
2023
$170k
2024
In today's dollarsEst.
Up 2% in real terms$180k to $183k

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 5% from 2023 to 2024, while revenue fell 3%.

$163k in 2023 to $170k 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.

Among peers

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

FAQ

Common questions about DOWNTOWN MOORHEAD INC

What does the Chief Executive Officer of DOWNTOWN MOORHEAD INC earn?

In 2024, the Chief Executive Officer of DOWNTOWN MOORHEAD INC received $170,346 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Minnesota, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at DOWNTOWN MOORHEAD INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Minnesota, the 2024 pay of the Chief Executive Officer at DOWNTOWN MOORHEAD INC falls between the 75th and 90th percentiles. In 2024, the highest total compensation at DOWNTOWN MOORHEAD INC equaled 81% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are DOWNTOWN MOORHEAD INC's revenue and expenses?

In 2024, DOWNTOWN MOORHEAD INC reported $220k in total revenue and $210k in total expenses on its IRS Form 990.

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