THE ORGANIZATION'S MISSION IS TO BRING STAKEHOLDERS TOGETHER TO PROMOTE PROSPERITY AND LONG-TERM GROWTH OF MINNESOTA'S ECONOMY.
Executive compensation
Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.
| Position | Total |
|---|---|
President/ceo Board President Median to 75th percentile | $32k $34k |
Sr. Vice President Board Vice President 10th to 25th percentile | $29k $32k |
Vice President/cfo 10th to 25th percentile | $25k $28k |
Director Highest Compensated Employee Below 10th percentile | $18k $20k |
Vice President Board Vice President 10th to 25th percentile | $15k $16k |
Executive Director Below 10th percentile | $13k $14k |
Vice President Board Vice President 10th to 25th percentile | $11k $13k |
Vice President Board Vice President Below 10th percentile | $10k $11k |
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 14 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at MINNESOTA CHAMBER FOUNDATION equaled 2% of the organization's total expenses. The median for public & societal benefit organizations is 10%.
Based on 2,608 public & societal benefit organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Down 34%
from 2022
From $48k in 2022 to $32k in 2023.
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.
Board President pay fell 34% from 2022 to 2023, while revenue rose 11%.
- Board Vice President pay fell 29% from 2022 to 2023.
- Chief Executive Officer pay fell 17% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about MINNESOTA CHAMBER FOUNDATION
What does the Board President of MINNESOTA CHAMBER FOUNDATION earn?
In 2023, the Board President of MINNESOTA CHAMBER FOUNDATION received $31,566 in total compensation. This pay is above the median (the midpoint) for Board President roles among Public & Societal Benefit organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.
How does Board President pay at MINNESOTA CHAMBER FOUNDATION compare with similar nonprofits?
Compared with the same role at Public & Societal Benefit organizations nationwide, the 2023 pay of the Board President at MINNESOTA CHAMBER FOUNDATION falls between the median and the 75th percentile. In 2023, the highest total compensation at MINNESOTA CHAMBER FOUNDATION equaled 2% of the organization's total expenses. The median for public & societal benefit organizations is 10%.
What are MINNESOTA CHAMBER FOUNDATION's revenue and expenses?
In 2023, MINNESOTA CHAMBER FOUNDATION reported $1.4M in total revenue and $1.4M in total expenses on its IRS Form 990.
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