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Filing year 2023

Nerstrand Elementary School

Nerstrand, Minnesota·EIN 41-1946091·NTEE B29 · Education·501(c)(3)
Total revenue
$1.8M
Total assets
$911k
Total expenses
$1.5M
Reported officers
9
Mission

To empower students to be self-directed, lifelong learners by providing a nurturing, multi-age environment which fosters cooperation and character development.

Executive compensation

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 Education organizations nationwide.

Business Manager
25th percentile to median
$53k
$59k

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 Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Nerstrand Elementary School equaled 3% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
3%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education 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.

Top compensation, year by year

From $12k in 2022 to $53k in 2023.

$12k
2022
$53k
2023
In today's dollarsEst.
Up 325% in real terms$14k to $59k

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

Business Manager pay rose 342% from 2022 to 2023, while revenue rose 9%.

$12k in 2022 to $53k 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.

Among peers

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

FAQ

Common questions about Nerstrand Elementary School

What does the Business Manager of Nerstrand Elementary School earn?

In 2023, the Business Manager of Nerstrand Elementary School received $53,036 in total compensation. This pay is below the median (the midpoint) for Business Manager roles among Education organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Business Manager pay at Nerstrand Elementary School compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2023 pay of the Business Manager at Nerstrand Elementary School falls between the 25th percentile and the median. In 2023, the highest total compensation at Nerstrand Elementary School equaled 3% of the organization's total expenses. The median for education organizations is 7%.

What are Nerstrand Elementary School's revenue and expenses?

In 2023, Nerstrand Elementary School reported $1.8M in total revenue and $1.5M in total expenses on its IRS Form 990.

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