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Filing year 2023

Governmental and Educational Assistance Corporation

Champlin, Minnesota·EIN 62-1691489·NTEE L200 · Housing & Shelter·501(c)(3)
Total revenue
$46.2M
Total assets
$91.3M
Total expenses
$43.7M
Reported officers
15
Mission

We empower our employees to support older adults in achieving fulfilling lifestyles, while maintaining responsible stewardship of our resources. Our five core values are: Caring, Respect, Collaboration, Innovation, and Stewardship.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 15 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations nationwide.

Chief Executive Officer
Above 90th percentilevs Housing & Shelter peers in Minnesota
$516k
$564k
Base
$462k
Bonus
Other
Benefits
$19k
CFO
Above 90th percentilevs Housing & Shelter peers in Minnesota
$301k
$328k
Base
$228k
Bonus
$32k
Other
Benefits
$17k
Cao
Officer (Unspecified)
$268k
$293k
Base
$192k
Bonus
$27k
Other
Benefits
$41k
COO
Above 90th percentile
$255k
$279k
Base
$217k
Bonus
$30k
Other
Benefits
$2k
VP of External Relations
Board Vice President
Above 90th percentilevs Housing & Shelter peers in Minnesota
$200k
$219k
Base
$149k
Bonus
$18k
Other
Benefits
$34k
Controller
Above 90th percentile
$171k
$187k
Base
$144k
Bonus
$9k
Other
Benefits
$13k
Organizational Director, Health Care
Highest Compensated Employee
75th to 90th percentile
$165k
$181k
Base
$139k
Bonus
$8k
Other
Benefits
$14k
VP of Sales and Marketing
Board Vice President
Above 90th percentilevs Housing & Shelter peers in Minnesota
$159k
$173k
Base
$128k
Bonus
$13k
Other
Benefits
$13k
Director at North Pointe
Highest Compensated Employee
Median to 75th percentile
$136k
$148k
Chair
Board Chair
Median to 75th percentile
$35k
$38k
Treasurer
Officer (Unspecified)
$34k
$37k
Vice Chair
Board Vice Chair
25th percentile to median
$34k
$37k
Secretary
Officer (Unspecified)
$33k
$36k
Director
Board Member
Median to 75th percentile
$32k
$35k
Director
Board Member
Median to 75th percentile
$32k
$35k

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.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Governmental and Educational Assistance Corporation equaled 1% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
1%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 32%
from 2022

From $391k in 2022 to $516k in 2023.

$391k
2022
$516k
2023
In today's dollarsEst.
Up 29% in real terms$439k to $564k

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 rose 32% from 2022 to 2023, while revenue rose 19%.

$391k in 2022 to $516k in 2023.
  • Chief Financial Officer pay rose 24% from 2022 to 2023.
  • Chief Operating Officer pay rose 17% 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 Governmental and Educational Assistance Corporation

What does the Chief Executive Officer of Governmental and Educational Assistance Corporation earn?

In 2023, the Chief Executive Officer of Governmental and Educational Assistance Corporation received $516,152 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Housing & Shelter organizations in Minnesota: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Governmental and Educational Assistance Corporation compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Minnesota, the 2023 pay of the Chief Executive Officer at Governmental and Educational Assistance Corporation falls in the top 10%. In 2023, the highest total compensation at Governmental and Educational Assistance Corporation equaled 1% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are Governmental and Educational Assistance Corporation's revenue and expenses?

In 2023, Governmental and Educational Assistance Corporation reported $46.2M in total revenue and $43.7M in total expenses on its IRS Form 990.

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