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Filing year 2024

Boreal Development

Duluth, Minnesota·EIN 84-1819301·NTEE L20 · Housing & Shelter·501(c)(3)
Total revenue
$89k
Total assets
$77k
Total expenses
$180k
Reported officers
11

Reported officers (all unpaid)

No paid executives reported in 2024. Boreal Development reported 11 unpaid officers and board members on its 990-EZ.

Executive Director
Board Chair
Vice Chair
Director
Director
Director
Director
Director
Director
Director
Treasurer
Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Boreal Development equaled 6% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
6%
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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Financial trend

Revenue and expenses over time

Boreal Development reported revenue and expenses across 2 filing years.

RevenueExpenses
$160k
$156k
2023
$89k
$180k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Housing & Shelter executives earn in Minnesota

Boreal Development reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable housing & shelter organization in Minnesota earns a median of $68,006.

25th percentile
$37k
Median
$68,006
75th percentile
$111k
90th percentile
$167k

These are housing & shelter sector-wide figures, not this organization's reported pay. Based on 323 organizations across 323 filings (2021 – 2024).

See full Housing & Shelter pay data for Minnesota

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FAQ

Common questions about Boreal Development

What are Boreal Development's revenue and expenses?

In 2024, Boreal Development reported $89k in total revenue and $180k in total expenses on its IRS Form 990.

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