To transform our community by creating economic opportunities for Latinos across the state of Minnesota. We provide a structure, support system and tool with which to promote sustainable communities.
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 Housing & Shelter organizations nationwide.
| Position | Total |
|---|---|
Interim Executive Director Director (Operational) 75th to 90th percentile | $127k $135k |
Executive Director 25th percentile to medianvs Housing & Shelter peers in Minnesota | $48k $51k |
Past Executive Director Director (Operational) 25th percentile to median | $39k $41k |
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.
Plus 14 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at Latino Economic Development Center equaled 3% of the organization's total expenses. The median for housing & shelter organizations is 7%.
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.
Down 47%
from 2023
From $241k in 2023 to $127k in 2024.
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.
Chief Executive Officer pay fell 80% from 2023 to 2024, while revenue fell 38%.
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 Latino Economic Development Center
What does the Director (Operational) of Latino Economic Development Center earn?
In 2024, the Director (Operational) of Latino Economic Development Center received $126,875 in total compensation. This pay is in the top quarter for Director (Operational) roles among Housing & Shelter organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Director (Operational) pay at Latino Economic Development Center compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations nationwide, the 2024 pay of the Director (Operational) at Latino Economic Development Center falls between the 75th and 90th percentiles. In 2024, the highest total compensation at Latino Economic Development Center equaled 3% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are Latino Economic Development Center's revenue and expenses?
In 2024, Latino Economic Development Center reported $4.4M in total revenue and $4M in total expenses on its IRS Form 990.
Compare any role, sector, or revenue band
Build your own benchmark from millions of reported positions.
Learn More About Nonprofit Compensation
Guides to help you understand and use this data
Nonprofit COO Salary
What nonprofit COOs earn, what drives the number, and how to use public compensation data in a job search or board decision.
Read moreNonprofit Executive Director Salary
What nonprofit executive directors earn, what drives the number, and how to use public compensation data whether you are a candidate, a current ED, or a board member.
Read moreHow to Look Up Nonprofit Salaries
Two approaches to finding executive compensation at any tax-exempt organization, from raw IRS filings to searchable databases.
Read more