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Filing year 2024

MINNESOTA REAL ESTATE FOUNDATION

St Cloud, Minnesota·EIN 02-0702439·NTEE T30 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$0
Total assets
$615k
Total expenses
$22k
Reported officers
14
Mission

TO BUILD COMMUNITY BY SIMPLIFYING AND FACILITATING THE GIFTING OF REAL ESTATE.

Executive compensation

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Minnesota.

Wacf Executive Director
10th to 25th percentile
$33k
$36k
Chief Impact Officer
Highest Compensated Employee
Below 10th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$28k
$30k
President & CEO
10th to 25th percentile
$22k
$24k
Assistant Controller
Controller
Below 10th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$18k
$20k
Cg Chief Financial Officer
10th to 25th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$13k
$14k
Cmcf Executive Director
10th to 25th percentile
$13k
$14k

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 8 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at MINNESOTA REAL ESTATE FOUNDATION equaled 148% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
148%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 30%
from 2023

From $48k in 2023 to $33k in 2024.

$48k
2023
$33k
2024
In today's dollarsEst.
Down 32% in real terms$53k to $36k

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 fell 30% from 2023 to 2024.

$48k in 2023 to $33k in 2024.
  • Chief Financial Officer pay rose 7% from 2023 to 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.
Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Minnesota

Comparable philanthropy, voluntarism & grantmaking organizations in Minnesota pay their highest-earning executive a median of $32,530.

25th percentile
$8k
Median
$32,530
75th percentile
$93k
90th percentile
$243k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 399 organizations across 399 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Minnesota
FAQ

Common questions about MINNESOTA REAL ESTATE FOUNDATION

What does the Chief Executive Officer of MINNESOTA REAL ESTATE FOUNDATION earn?

In 2024, the Chief Executive Officer of MINNESOTA REAL ESTATE FOUNDATION received $33,232 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MINNESOTA REAL ESTATE FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, the 2024 pay of the Chief Executive Officer at MINNESOTA REAL ESTATE FOUNDATION falls between the 10th and 25th percentiles. In 2024, the highest total compensation at MINNESOTA REAL ESTATE FOUNDATION equaled 148% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

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