Skip to main content
Filing year 2024

LAKE AGASSIZ REGIONAL DEVELOPMENT CORPORATION

Fargo, North Dakota·EIN 45-0404558·501(c)(3)
Total revenue
$1.1M
Total assets
$6.4M
Total expenses
$1M
Reported officers
7
Mission

TO IDENTIFY AND PROVIDE FINANCING OPPORTUNITIES AND TECHNICAL ASSISTANCE TO EMERGING AND EXISTING BUSINESSES, PROVIDE COMMUNITY AND ECONOMIC DEVELOPMENT PLANNING AND IMPLEMENTATION FOR THE LONG-TERM SUSTAINABILITY AND GROWTH OF THE REGION, AND TO COORDINATE FEDERAL, STATE, AND PRIVATE PROGRAM ADMINISTRATION.

Executive compensation

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 nonprofits nationwide, across all sectors.

Senior Commercial Loan Off
Highest Compensated Employee
10th to 25th percentile
$123k
$132k
Chief Financial Officer
Median to 75th percentile
$102k
$110k
Executive Director
25th percentile to median
$49k
$52k

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 4 unpaid individuals.

Up 3%
from 2023

From $119k in 2023 to $123k in 2024.

$119k
2023
$123k
2024
In today's dollarsEst.
Roughly flat in real terms$132k to $132k

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

Highest Compensated Employee pay rose 3% from 2023 to 2024, while revenue rose 3%.

$119k in 2023 to $123k in 2024.
  • Chief Financial Officer pay rose 2% from 2023 to 2024.
  • Chief Executive Officer 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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

LAKE AGASSIZ REGIONAL DEVELOPMENT CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.1M
$1.1M
2023
$1.1M
$1M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about LAKE AGASSIZ REGIONAL DEVELOPMENT CORPORATION

What does the Highest Compensated Employee of LAKE AGASSIZ REGIONAL DEVELOPMENT CORPORATION earn?

In 2024, the Highest Compensated Employee of LAKE AGASSIZ REGIONAL DEVELOPMENT CORPORATION received $122,846 in total compensation. This pay is in the bottom quarter for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at LAKE AGASSIZ REGIONAL DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Highest Compensated Employee at LAKE AGASSIZ REGIONAL DEVELOPMENT CORPORATION falls between the 10th and 25th percentiles.

What are LAKE AGASSIZ REGIONAL DEVELOPMENT CORPORATION's revenue and expenses?

In 2024, LAKE AGASSIZ REGIONAL DEVELOPMENT CORPORATION reported $1.1M in total revenue and $1M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.