The Mankato Area Foundation is a trusted resource that connects donors with causes they care about, provides funding to enhance our region and serves as a collaborative community partner.
Executive compensation
Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
| Position | Total |
|---|---|
President & CEO Median to 75th percentile | $134k $148k |
VP of Philanthropy Vice President Median to 75th percentile | $109k $120k |
Finance Director 25th percentile to median | $85k $94k |
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 19 unpaid individuals.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Up 3%
from 2022
From $131k in 2022 to $134k in 2023.
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 3% from 2022 to 2023, while revenue rose 23%.
- Vice President pay rose 290% from 2022 to 2023.
- Chief Financial Officer pay rose 20% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Revenue and expenses over time
Mankato Area Foundation reported revenue and expenses across 2 filing years.
Common questions about Mankato Area Foundation
What does the Chief Executive Officer of Mankato Area Foundation earn?
In 2023, the Chief Executive Officer of Mankato Area Foundation received $134,371 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at Mankato Area Foundation compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at Mankato Area Foundation falls between the median and the 75th percentile.
What are Mankato Area Foundation's revenue and expenses?
In 2023, Mankato Area Foundation reported $7.1M in total revenue and $5.3M in total expenses on its IRS Form 990.
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