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Filing year 2024

MINNEAPOLIS SAINT PAUL REGIONAL ECONOMIC DEVELOPMENT PARTNERSHIP

Saint Paul, Minnesota·EIN 27-4026636·NTEE S30 · Community Improvement & Capacity Building·3
Total revenue
$10.3M
Total assets
$8.4M
Total expenses
$8.6M
Reported officers
52
Mission

THE MISSION OF THE GREATER MSP PARTNERSHIP IS TO ACCELERATE REGIONAL COMPETITIVENESS AND INCLUSIVE ECONOMIC GROWTH THROUGH JOB CREATION, CAPITAL INVESTMENT AND EXECUTION OF STRATEGIC INITIATIVES. THE PARTNERSHIP WORKS TO STRENGTHEN OUR REGION'S GLOBAL SECTORS, PRIORITIZE TALENT, AND TELL OUR STORY.

Executive compensation, broken down

Form 990 · Schedule J · 10 reported individuals · Filing year 2024

$516k
$550k
Base
$413k
Bonus
$88k
Other
$487
Benefits
$2k
Vice President, Business Investment
vice president
$290k
$309k
Base
$206k
Bonus
$42k
Other
$487
Benefits
$31k
Managing Director, Forge North
key employee
$284k
$303k
Base
$235k
Bonus
$18k
Other
Benefits
$32k
Vice President, Partnership Strategy
vice president
$275k
$293k
Base
$215k
Bonus
$42k
Other
$487
Benefits
$5k
Vice President, Operations
vice president
$237k
$252k
Base
$202k
Bonus
$25k
Other
$487
Benefits
$114
Managing Director, Research and Intelligence
highest compensated employee
$226k
$242k
Base
$196k
Bonus
$19k
Other
Benefits
$97
Director, Organizational Development
$226k
$241k
Base
$168k
Bonus
$16k
Other
Benefits
$33k
Enterprise Director, Talent, Inclusion, & Engageme
highest compensated employee
$222k
$237k
Base
$185k
Bonus
$14k
Other
Benefits
$16k
Managing Director, Mbold
highest compensated employee
$217k
$231k
Base
$182k
Bonus
$12k
Other
Benefits
$14k
Director, Business Bridge and Talent Solutions
highest compensated employee
$183k
$195k
Base
$160k
Bonus
$15k
Other
Benefits

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 42 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Up 12%
from 2023

From $460k in 2023 to $516k in 2024.

$460k
2023
$516k
2024
In today's dollarsEst.
Up 10% in real terms$502k to $550k

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 SAINT PAUL REGIONAL ECONOMIC DEVELOPMENT PARTNERSHIP reported revenue and expenses across 2 filing years.

RevenueExpenses
$8M
$7.6M
2023
$10.3M
$8.6M
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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