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Filing year 2023

NEW DISCOVERIES AFFILIATED BUILDING CO

Hutchinson, Minnesota·EIN 82-1323910·NTEE B11 · Education·3
Total revenue
$444k
Total assets
$4.6M
Total expenses
$383k
Reported officers
3
Mission

TO SUPPORT THE MISSION AND VISION OF NEW DISCOVERIES MONTESSORI ACADEMY THROUGH THE OWNERSHIP OF REAL PROPERTY.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Minnesota.

President
25th percentile to median
$43k
$48k

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 2 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at NEW DISCOVERIES AFFILIATED BUILDING CO equaled 11% of the organization's total expenses. The median for education organizations is 6%.

This organization (2023)
11%
Sector median
6%
Middle half of sector
2% to 15%

Based on 24,392 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 34%
from 2022

From $32k in 2022 to $43k in 2023.

$32k
2022
$43k
2023
In today's dollarsEst.
Up 29% in real terms$37k to $48k

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 34% from 2022 to 2023, while revenue held roughly steady.

$32k in 2022 to $43k 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 NEW DISCOVERIES AFFILIATED BUILDING CO

What does the Chief Executive Officer of NEW DISCOVERIES AFFILIATED BUILDING CO earn?

In 2023, the Chief Executive Officer of NEW DISCOVERIES AFFILIATED BUILDING CO received $43,067 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Education organizations in Minnesota, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NEW DISCOVERIES AFFILIATED BUILDING CO compare with similar nonprofits?

Compared with the same role at Education organizations in Minnesota, the 2023 pay of the Chief Executive Officer at NEW DISCOVERIES AFFILIATED BUILDING CO falls between the 25th percentile and the median. In 2023, the highest total compensation at NEW DISCOVERIES AFFILIATED BUILDING CO equaled 11% of the organization's total expenses. The median for education organizations is 6%.

What are NEW DISCOVERIES AFFILIATED BUILDING CO's revenue and expenses?

In 2023, NEW DISCOVERIES AFFILIATED BUILDING CO reported $444k in total revenue and $383k in total expenses on its IRS Form 990.

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