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Filing year 2024

My Very Own Bed

Minneapolis, Minnesota·EIN 46-5071773·NTEE L41 · Housing & Shelter·501(c)(3)
Total revenue
$1.1M
Total assets
$949k
Total expenses
$956k
Reported officers
11
Mission

The Organization's mission is to provide new beds and linens to children of families who have recently secured stable housing. Founded in 2014 as a non-profit, the primary goal of the Organization is to provide new beds to children moving into stable housing. By 2024, the Organization has provided more than 9,000 beds and Dream Kits to children ages 2-17 in the Twin Cities and surrounding suburbs.

Executive compensation

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 Housing & Shelter organizations in Minnesota.

Executive Director
Median to 75th percentile
$77k
$82k

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 10 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at My Very Own Bed equaled 8% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
8%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter 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.

Up 10%
from 2023

From $70k in 2023 to $77k in 2024.

$70k
2023
$77k
2024
In today's dollarsEst.
Up 7% in real terms$76k to $82k

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

Chief Executive Officer pay rose 10% from 2023 to 2024, while revenue rose 5%.

$70k in 2023 to $77k 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 My Very Own Bed

What does the Chief Executive Officer of My Very Own Bed earn?

In 2024, the Chief Executive Officer of My Very Own Bed received $76,923 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in Minnesota, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at My Very Own Bed compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Minnesota, the 2024 pay of the Chief Executive Officer at My Very Own Bed falls between the median and the 75th percentile. In 2024, the highest total compensation at My Very Own Bed equaled 8% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are My Very Own Bed's revenue and expenses?

In 2024, My Very Own Bed reported $1.1M in total revenue and $956k in total expenses on its IRS Form 990.

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