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Filing year 2023

IRONWORLD DEVELOPMENT CORPORATION

Chisholm, Minnesota·EIN 20-2503955·NTEE B90 · Education·501(c)(3)
Total revenue
$4M
Total assets
$15M
Total expenses
$3.3M
Reported officers
10
Mission

MINNESOTA DISCOVERY CENTER TRANSPORTS AREA RESIDENTS AND GUESTS TO A SPACE WHERE THEY CAN CONNECT WITH IRON RANGE'S STORIED PAST WHILE CREATING LASTING MEMORIES THAT HONOR THE REGION'S UNIQUE HUMAN AND NATURAL HISTORY.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Minnesota.

Executive Di
Median to 75th percentile
$125k
$138k

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 9 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at IRONWORLD DEVELOPMENT CORPORATION equaled 4% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
4%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 13%
from 2022

From $110k in 2022 to $125k in 2023.

$110k
2022
$125k
2023
In today's dollarsEst.
Up 9% in real terms$126k to $138k

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.

Pay for the position

Chief Executive Officer pay rose 13% from 2022 to 2023, while revenue rose 38%.

$110k in 2022 to $125k 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about IRONWORLD DEVELOPMENT CORPORATION

What does the Chief Executive Officer of IRONWORLD DEVELOPMENT CORPORATION earn?

In 2023, the Chief Executive Officer of IRONWORLD DEVELOPMENT CORPORATION received $124,586 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Education organizations in Minnesota, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at IRONWORLD DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at Education organizations in Minnesota, the 2023 pay of the Chief Executive Officer at IRONWORLD DEVELOPMENT CORPORATION falls between the median and the 75th percentile. In 2023, the highest total compensation at IRONWORLD DEVELOPMENT CORPORATION equaled 4% of the organization's total expenses. The median for education organizations is 7%.

What are IRONWORLD DEVELOPMENT CORPORATION's revenue and expenses?

In 2023, IRONWORLD DEVELOPMENT CORPORATION reported $4M in total revenue and $3.3M in total expenses on its IRS Form 990.

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