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Filing year 2024

NEIGHBORHOOD DEVELOPMENT CENTER INC

Saint Paul, Minnesota·EIN 41-1738791·NTEE P21Z · Human Services·501(c)(3)
Total revenue
$14.2M
Total assets
$43.2M
Total expenses
$12M
Reported officers
18
Mission

TO EMPOWER ENTREPRENEURS AND COMMUNITY PARTNERS TO TRANSFORM LOW-INCOME NEIGHBORHOOD ECONOMIES FROM WITHIN.

Executive compensation, broken down

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 Human Services organizations in Minnesota.

President and Chief Executive Officer
Above 90th percentile
$275k
$294k
Base
$238k
Bonus
Other
Benefits
$38k
Vice President, Real Estate and Development
Board Vice President
Median to 75th percentilevs Human Services peers nationwide
$175k
$186k
Base
$140k
Bonus
Other
Benefits
$35k
Chief Financial Officer
75th to 90th percentile
$166k
$177k
Base
$143k
Bonus
Other
Benefits
$22k
Vice President, Business Services
Board Vice President
Median to 75th percentilevs Human Services peers nationwide
$159k
$169k
Base
$126k
Bonus
Other
Benefits
$33k
Senior Director of Lending
Highest Compensated Employee
Median to 75th percentile
$143k
$152k
Chief Innovation and Strategy Officer
Highest Compensated Employee
25th percentile to median
$129k
$137k

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 12 unpaid individuals.

Browse compensation in Human Services

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at NEIGHBORHOOD DEVELOPMENT CENTER INC equaled 2% of the organization's total expenses. The median for human services organizations is 8%.

This organization (2024)
2%
Sector median
8%
Middle half of sector
3% to 17%

Based on 26,698 human services 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 8%
from 2023

From $254k in 2023 to $275k in 2024.

$254k
2023
$275k
2024
In today's dollarsEst.
Up 6% in real terms$277k to $294k

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 8% from 2023 to 2024, while revenue rose 40%.

$254k in 2023 to $275k in 2024.
  • Board Vice President pay rose 31% from 2023 to 2024.
  • Chief Financial Officer pay rose 15% 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about NEIGHBORHOOD DEVELOPMENT CENTER INC

What does the Chief Executive Officer of NEIGHBORHOOD DEVELOPMENT CENTER INC earn?

In 2024, the Chief Executive Officer of NEIGHBORHOOD DEVELOPMENT CENTER INC received $275,350 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Human Services organizations in Minnesota: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NEIGHBORHOOD DEVELOPMENT CENTER INC compare with similar nonprofits?

Compared with the same role at Human Services organizations in Minnesota, the 2024 pay of the Chief Executive Officer at NEIGHBORHOOD DEVELOPMENT CENTER INC falls in the top 10%. In 2024, the highest total compensation at NEIGHBORHOOD DEVELOPMENT CENTER INC equaled 2% of the organization's total expenses. The median for human services organizations is 8%.

What are NEIGHBORHOOD DEVELOPMENT CENTER INC's revenue and expenses?

In 2024, NEIGHBORHOOD DEVELOPMENT CENTER INC reported $14.2M in total revenue and $12M in total expenses on its IRS Form 990.

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