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Filing year 2024

MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION

Minneapolis, Minnesota·EIN 36-3468708·NTEE S20Z · Community Improvement & Capacity Building·3
Total revenue
$1.7M
Total assets
$533k
Total expenses
$1.9M
Reported officers
6
Mission

THE MISSION OF THE MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION IS TO OFFER INNOVATIVE WAYS OF REDUCING UNEMPLOYMENT, IMPROVE EDUCATIONAL OPPORTUNITIES FOR DISADVANTAGED YOUTH, INITIATE AND CONDUCT LEADERSHIP DEVELOPMENT PROGRAMS AND PROMOTE EFFORTS THAT ENHANCE THE QUALITY OF LIFE AND LEADERSHIP SKILLS IN THE MINNEAPOLIS AND ST. PAUL AREAS.

Executive compensation

Form 990 · Schedule J · 3 reported individuals · Filing year 2024

Former President & CEO
$23k
$24k
$621
$663
Interim President & CEO
$621
$663

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 3 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Down 47%
from 2023

From $43k in 2023 to $23k in 2024.

$43k
2023
$23k
2024
In today's dollarsEst.
Down 48% in real terms$47k to $24k

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

MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.6M
$2.3M
2023
$1.7M
$1.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in Minnesota

Comparable community improvement & capacity building organizations in Minnesota pay their highest-earning executive a median of $74,104.

25th percentile
$33k
Median
$74,104
75th percentile
$137k
90th percentile
$212k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 62 organizations across 62 filings (2022 – 2023).

See full Community Improvement & Capacity Building pay data for Minnesota
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