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Filing year 2023

ENTERPRISE MINNESOTA

Minneapolis, Minnesota·EIN 41-1595930·NTEE W20 · Public & Societal Benefit·501(c)(3)
Total revenue
$6.7M
Total assets
$4.2M
Total expenses
$6.6M
Reported officers
20
Mission

TO PROMOTE ECONOMIC GROWTH AND JOB CREATION THROUGH APPLIED RESEARCH, TECHNOLOGY TRANSFER, AND PRODUCTIVE DEVELOPMENT.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.

President and CEO
75th to 90th percentile
$274k
$299k
Base
$223k
Bonus
$23k
Other
$1k
Benefits
$12k
VP of Finance
Vice President
75th to 90th percentile
$211k
$230k
Base
$146k
Bonus
$15k
Other
$7k
Benefits
$33k
VP of Marketing
Vice President
75th to 90th percentile
$202k
$220k
Base
$159k
Bonus
$16k
Other
$3k
Benefits
$12k
VP of Consulting
Vice President
Median to 75th percentile
$195k
$214k
Base
$155k
Bonus
$15k
Other
$3k
Benefits
$11k
Business Developer
Highest Compensated Employee
25th percentile to median
$167k
$182k
Base
$113k
Bonus
$10k
Other
$2k
Benefits
$33k
Business Developer
Highest Compensated Employee
25th percentile to median
$162k
$177k
Base
$109k
Bonus
$11k
Other
$3k
Benefits
$31k
Consultant
Highest Compensated Employee
25th percentile to median
$151k
$165k
Base
$101k
Bonus
$10k
Other
$2k
Benefits
$31k
Consultant
Highest Compensated Employee
25th percentile to median
$151k
$165k
Base
$102k
Bonus
$10k
Other
$81
Benefits
$31k
Relationship Manager
Highest Compensated Employee
25th percentile to median
$148k
$162k

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 11 unpaid individuals.

Browse compensation in Public & Societal Benefit

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at ENTERPRISE MINNESOTA equaled 4% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

This organization (2023)
4%
Sector median
10%
Middle half of sector
4% to 22%

Based on 2,608 public & societal benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 1%
from 2022

From $277k in 2022 to $274k in 2023.

$277k
2022
$274k
2023
In today's dollarsEst.
Down 4% in real terms$311k to $299k

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 fell 1% from 2022 to 2023, while revenue rose 15%.

$277k in 2022 to $274k in 2023.
  • Vice President pay rose 8% from 2022 to 2023.
  • Highest Compensated Employee pay rose 5% 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 ENTERPRISE MINNESOTA

What does the Chief Executive Officer of ENTERPRISE MINNESOTA earn?

In 2023, the Chief Executive Officer of ENTERPRISE MINNESOTA received $273,519 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Public & Societal Benefit organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ENTERPRISE MINNESOTA compare with similar nonprofits?

Compared with the same role at Public & Societal Benefit organizations nationwide, the 2023 pay of the Chief Executive Officer at ENTERPRISE MINNESOTA falls between the 75th and 90th percentiles. In 2023, the highest total compensation at ENTERPRISE MINNESOTA equaled 4% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

What are ENTERPRISE MINNESOTA's revenue and expenses?

In 2023, ENTERPRISE MINNESOTA reported $6.7M in total revenue and $6.6M in total expenses on its IRS Form 990.

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