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Filing year 2023

MINNESOTA ASSOCIATION OF REALTORS

Minnetonka, Minnesota·EIN 41-6039154·501(c)(6)
Total revenue
$5.6M
Total assets
$10.8M
Total expenses
$5.5M
Reported officers
80
Mission

TO SUPPORT ALL SEGMENTS OF MEMBERSHIP BY DEVELOPING AND DELIVERING PROGRAMS, SERVICES AND PRODUCTS TO ASSIST ITS MEMBERS IN SERVING THE PUBLIC WITH A HIGH DEGREE OF PROFESSIONALISM, BY PROTECTING THE RIGHTS OF MEMBERS TO CONDUCT BUSINESS WITHOUT UNDUE REGULATORY CONSTRAINT AND TO PROMOTE THE PRESERVATION OF PRIVATE RIGHTS TO REAL PROPERTY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Chief Executive Officer
75th to 90th percentile
$268k
$293k
Base
$230k
Bonus
$8k
Other
$8k
Benefits
$13k
Associate Legal Counsel
Highest Compensated Employee
Median to 75th percentile
$193k
$211k
Base
$129k
Bonus
$8k
Other
$600
Benefits
$44k
Vp, Marketing
Board Vice President
Median to 75th percentile
$188k
$205k
Base
$110k
Bonus
$10k
Other
$600
Benefits
$57k
Senior Vp, Member Services
Senior Vice President
25th percentile to median
$182k
$199k
Base
$134k
Bonus
$10k
Other
$600
Benefits
$25k
Vp, Finance and Operations
Vice President
75th to 90th percentile
$175k
$191k
Base
$136k
Bonus
$10k
Other
$600
Benefits
$19k
Vp, Government Affairs
Board Vice President
Median to 75th percentile
$162k
$177k
Base
$128k
Bonus
$10k
Other
$600
Benefits
$11k
Chief Executive Officer
25th percentile to median
$77k
$84k

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 73 unpaid individuals.

FAQ

Common questions about MINNESOTA ASSOCIATION OF REALTORS

What does the Chief Executive Officer of MINNESOTA ASSOCIATION OF REALTORS earn?

In 2023, the Chief Executive Officer of MINNESOTA ASSOCIATION OF REALTORS received $267,972 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MINNESOTA ASSOCIATION OF REALTORS compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at MINNESOTA ASSOCIATION OF REALTORS falls between the 75th and 90th percentiles.

What are MINNESOTA ASSOCIATION OF REALTORS's revenue and expenses?

In 2023, MINNESOTA ASSOCIATION OF REALTORS reported $5.6M in total revenue and $5.5M in total expenses on its IRS Form 990.

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