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Filing year 2024

MINOT AREA CHAMBER EDC

Minot, North Dakota·EIN 45-0166410·501(c)(6)
Total revenue
$4.2M
Total assets
$18.8M
Total expenses
$3.5M
Reported officers
14
Mission

TO ADVOCATE FOR AND INVEST IN BUSINESS ACTIVITY BY BEING A COLLABORATIVE PARTNER IN THE COMMUNITY, FOCUSED ON IMPROVING QUALITY OF LIFE FOR ALL.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

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

President & Ceo/corporate
75th to 90th percentile
$204k
$219k
Base
$194k
Bonus
Other
Benefits
$115

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 13 unpaid individuals.

Up 3%
from 2023

From $199k in 2023 to $204k in 2024.

$199k
2023
$204k
2024
In today's dollarsEst.
Roughly flat in real terms$220k to $219k

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 3% from 2023 to 2024, while revenue rose 3%.

$199k in 2023 to $204k 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.
Financial trend

Revenue and expenses over time

MINOT AREA CHAMBER EDC reported revenue and expenses across 2 filing years.

RevenueExpenses
$4.1M
$3M
2023
$4.2M
$3.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about MINOT AREA CHAMBER EDC

What does the Chief Executive Officer of MINOT AREA CHAMBER EDC earn?

In 2024, the Chief Executive Officer of MINOT AREA CHAMBER EDC received $203,837 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 MINOT AREA CHAMBER EDC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at MINOT AREA CHAMBER EDC falls between the 75th and 90th percentiles.

What are MINOT AREA CHAMBER EDC's revenue and expenses?

In 2024, MINOT AREA CHAMBER EDC reported $4.2M in total revenue and $3.5M in total expenses on its IRS Form 990.

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