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Filing year 2023

EVANS PARK INC

Elk River, Minnesota·EIN 41-1542976·501(c)(3)
Total revenue
$22.1M
Total assets
$38M
Total expenses
$22.2M
Reported officers
15
Mission

PROVISION OF HOUSING AND SERVICES FOR ELDERLY AND HANDICAPPED PEOPLE THROUGH THE OPERATION OF A 36-UNIT APARTMENT COMPLEX, A 90-UNIT ASSISTED LIVING FACILITY IN ELK RIVER, A 63-UNIT ASSISTED LIVING IN ALBERTVILLE, AND A 142-UNIT BUILDING IN OTSEGO. THE FACILITIES ARE SPECIALLY DESIGNED TO MEET THE PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS OF THE RESIDENTS AND TO CONTRIBUTE TO THEIR HEALTH, SECURITY AND HAPPINESS.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

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

CFO
25th percentile to median
$34k
$37k
President/ceo
10th to 25th percentile
$18k
$20k

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 13 unpaid individuals.

Down 2%
from 2022

From $34k in 2022 to $34k in 2023.

$34k
2022
$34k
2023
In today's dollarsEst.
Down 4% in real terms$39k to $37k

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 46% from 2022 to 2023, while revenue rose 12%.

$34k in 2022 to $18k 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.
Financial trend

Revenue and expenses over time

EVANS PARK INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$19.8M
$21.1M
2022
$22.1M
$22.2M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about EVANS PARK INC

What does the Chief Financial Officer of EVANS PARK INC earn?

In 2023, the Chief Financial Officer of EVANS PARK INC received $33,865 in total compensation. This pay is below the median (the midpoint) for Chief Financial Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at EVANS PARK INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Financial Officer at EVANS PARK INC falls between the 25th percentile and the median.

What are EVANS PARK INC's revenue and expenses?

In 2023, EVANS PARK INC reported $22.1M in total revenue and $22.2M in total expenses on its IRS Form 990.

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