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Filing year 2023

MINNESOTA HEAT HOOPS INC

Maple Grove, Minnesota·EIN 27-4463412·501(c)(3)
Total revenue
$1.6M
Total assets
$365k
Total expenses
$1.5M
Reported officers
5
Mission

CHARITABLE AND EDUCATIONAL PURPOSES: -PROVIDING BASKETBALL PROGRAMS TO CHILDREN THAT OTHERWISE COULD NOT AFFORD TO PLAY. -ORGANIZING BASKETBALL RELATED EVENTS FOR PLAYERS SUCH AS PROFESSIONAL & HS GAMES. -SUPPORTING LOCAL SCHOOLS & COMMUNITIES BY RENTING THEIR FACILITIES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

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

Board Member
Above 90th percentile
$243k
$266k
Base
$237k
Bonus
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 4 unpaid individuals.

Top compensation, year by year

From $44k in 2022 to $243k in 2023.

$44k
2022
$243k
2023
In today's dollarsEst.
Up 440% in real terms$49k to $266k

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.

Pay for the position

Board Member pay rose 454% from 2022 to 2023, while revenue rose 122%.

$44k in 2022 to $243k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

Revenue and expenses over time

MINNESOTA HEAT HOOPS INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$727k
$630k
2022
$1.6M
$1.5M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about MINNESOTA HEAT HOOPS INC

What does the Board Member of MINNESOTA HEAT HOOPS INC earn?

In 2023, the Board Member of MINNESOTA HEAT HOOPS INC received $243,310 in total compensation. This pay is in the top 10% for Board Member roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at MINNESOTA HEAT HOOPS INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Board Member at MINNESOTA HEAT HOOPS INC falls in the top 10%.

What are MINNESOTA HEAT HOOPS INC's revenue and expenses?

In 2023, MINNESOTA HEAT HOOPS INC reported $1.6M in total revenue and $1.5M in total expenses on its IRS Form 990.

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