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Filing year 2023

MIDWESTERN HIGHER EDUCATION COMPACT

Minneapolis, Minnesota·EIN 38-3011476·NTEE V20Z · Social Science·3
Total revenue
$9.9M
Total assets
$18.2M
Total expenses
$4.5M
Reported officers
75
Mission

MHEC MEMBERS COLLABORATE TO ADDRESS THE REGION'S MOST PRESSING CHALLENGES IN HIGHER EDUCATION AND TRANSFORM EDUCATIONAL OPPORTUNITIES SO THAT PEOPLE AND COMMUNITIES THRIVE.

Executive compensation, broken down

Form 990 · Schedule J · 7 reported individuals · Filing year 2023

Base salaryBonusOther compensationBenefits
Base salaryBonusOther compensationBenefitsExecutive compensation
$343k
$375k
Chief Operating Officer
$232k
$253k
Vice President
vice president
$204k
$223k
Senior Director
highest compensated employee
$145k
$159k
Vice President (thru 08/23)
vice president
$138k
$151k
Associate Vice President
vice president
$131k
$144k
Senior Director
highest compensated employee
$126k
$138k

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 68 unpaid individuals.

Browse compensation in Social Science

Down 9%
from 2022

From $377k in 2022 to $343k in 2023.

$377k
2022
$343k
2023
In today's dollarsEst.
Down 11% in real terms$424k to $375k

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.

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

Revenue and expenses over time

MIDWESTERN HIGHER EDUCATION COMPACT reported revenue and expenses across 2 filing years.

RevenueExpenses
$8.5M
$4M
2022
$9.9M
$4.5M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Social Science executives earn

Comparable social science organizations nationwide pay their highest-earning executive a median of $120,010.

25th percentile
$55k
Median
$120,010
75th percentile
$208k
90th percentile
$415k

These are social science sector-wide figures, not this organization's reported pay. Based on 409 organizations across 409 filings (2021 – 2024).

See full Social Science compensation data
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