THE GREATER FARGO MOORHEAD ECONOMIC DEVELOPMENT CORPORATION (GFMEDC) IS A CATALYST FOR ECONOMIC GROWTH AND PROSPERITY. USING A COMPREHENSIVE APPROACH TO ECONOMIC DEVELOPMENT, THE GFMEDC ACCELERATES JOB AND WEALTH CREATION IN CASS COUNTY, ND AND CLAY COUNTY, MN.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.
- Base
- $310k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $151k
- Bonus
- —
- Other
- —
- Benefits
- —
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President/ceo Above 90th percentile | $310k | — | — | — | $329k $354k |
Chief Business Development Highest Compensated Employee Median to 75th percentile | $151k | — | — | — | $169k $182k |
Chief Innovation Officer Highest Compensated Employee 25th percentile to median | — | — | — | — | $135k $145k |
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 16 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2024, the highest total compensation at GREATER FARGO MOORHEAD ECONOMIC DEVELOPMENT CORPORATION equaled 10% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 19%
from 2023
From $276k in 2023 to $329k in 2024.
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.
Chief Executive Officer pay rose 19% from 2023 to 2024, while revenue rose 65%.
- Highest Compensated Employee pay rose 3% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about GREATER FARGO MOORHEAD ECONOMIC DEVELOPMENT CORPORATION
What does the Chief Executive Officer of GREATER FARGO MOORHEAD ECONOMIC DEVELOPMENT CORPORATION earn?
In 2024, the Chief Executive Officer of GREATER FARGO MOORHEAD ECONOMIC DEVELOPMENT CORPORATION received $329,307 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at GREATER FARGO MOORHEAD ECONOMIC DEVELOPMENT CORPORATION compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2024 pay of the Chief Executive Officer at GREATER FARGO MOORHEAD ECONOMIC DEVELOPMENT CORPORATION falls in the top 10%. In 2024, the highest total compensation at GREATER FARGO MOORHEAD ECONOMIC DEVELOPMENT CORPORATION equaled 10% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are GREATER FARGO MOORHEAD ECONOMIC DEVELOPMENT CORPORATION's revenue and expenses?
In 2024, GREATER FARGO MOORHEAD ECONOMIC DEVELOPMENT CORPORATION reported $3.4M in total revenue and $3.3M in total expenses on its IRS Form 990.
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