Skip to main content
Filing year 2024

MINNESOTA CENTER FOR EMPLOYEE OWNERSHIP

Saint Cloud, Minnesota·EIN 84-4160755·NTEE S30 · Community Improvement & Capacity Building·3
Total revenue
$386k
Total assets
$229k
Total expenses
$263k
Reported officers
7
Mission

MINNESOTA CENTER FOR EMPLOYEE OWNERSHIP, INC. (MNCEO) IS AN EDUCATIONAL NONPROFIT CORPORATION THAT IS DEDICATED TO PROTECTING JOBS, INCREASING COMMUNITY WEALTH, AND CREATING A MORE VIBRANT, INCLUSIVE ECONOMY. WE HELP BUSINESS OWNERS TRANSITION TO EMPLOYEE OWNERSHIP THROUGH EDUCATION, RESOURCES, AND EXPERT GUIDANCE. THESE TRANSITIONS NOT ONLY PRESERVE JOBS BUT ALSO STRENGTHEN COMMUNITIES AND CREATE LASTING FINANCIAL OPPORTUNITIES FOR EMPLOYEES. WHICH BUILDS A MORE INCLUSIVE AND RESILIENT ECONOMY FOR ALL MINNESOTANS.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Minnesota.

Executive Director
25th percentile to median
$69k
$74k

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 6 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at MINNESOTA CENTER FOR EMPLOYEE OWNERSHIP equaled 26% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
26%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,143 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 24%
from 2023

From $56k in 2023 to $69k in 2024.

$56k
2023
$69k
2024
In today's dollarsEst.
Up 20% in real terms$62k to $74k

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.

Pay for the position

Chief Executive Officer pay rose 24% from 2023 to 2024, while revenue rose 392%.

$56k in 2023 to $69k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about MINNESOTA CENTER FOR EMPLOYEE OWNERSHIP

What does the Chief Executive Officer of MINNESOTA CENTER FOR EMPLOYEE OWNERSHIP earn?

In 2024, the Chief Executive Officer of MINNESOTA CENTER FOR EMPLOYEE OWNERSHIP received $69,046 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Minnesota, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MINNESOTA CENTER FOR EMPLOYEE OWNERSHIP compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Minnesota, the 2024 pay of the Chief Executive Officer at MINNESOTA CENTER FOR EMPLOYEE OWNERSHIP falls between the 25th percentile and the median. In 2024, the highest total compensation at MINNESOTA CENTER FOR EMPLOYEE OWNERSHIP equaled 26% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are MINNESOTA CENTER FOR EMPLOYEE OWNERSHIP's revenue and expenses?

In 2024, MINNESOTA CENTER FOR EMPLOYEE OWNERSHIP reported $386k in total revenue and $263k in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.