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Filing year 2024

NORTH MEMORIAL FOUNDATION

Robbinsdale, Minnesota·EIN 41-1777966·NTEE Z99Z · Unknown·501(c)(3)
Total revenue
$1.6M
Total assets
$14.4M
Total expenses
$1.5M
Reported officers
12
Mission

TO SUPPORT NORTH MEMORIAL HEALTH CARE AND ITS COMMITMENT TO CHANGING AND SAVING LIVES. THROUGH PHILANTHROPY, OUR DONORS ASSIST IN GIVING OUR PATIENTS AND THEIR FAMILIES COMPASSIONATE, REMARKABLE CARE.

Executive compensation

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at organizationPage.redesign.benchmarkBuilder.ntee.Z organizations nationwide.

CEO
10th to 25th percentile
$39k
$41k
Director
Board Member
Median to 75th percentile
$30k
$32k
Vice President
25th percentile to median
$24k
$25k
CEO (through 2/2024)
Below 10th percentile
$11k
$11k

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 8 unpaid individuals.

Browse compensation in organizationPage.redesign.benchmarkBuilder.ntee.Z

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at NORTH MEMORIAL FOUNDATION equaled 3% of the organization's total expenses. The median for organizationpage.redesign.benchmarkbuilder.ntee.z organizations is 9%.

This organization (2024)
3%
Sector median
9%
Middle half of sector
4% to 20%

Based on 1,569 organizationpage.redesign.benchmarkbuilder.ntee.z 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.

Down 93%
from 2023

From $544k in 2023 to $39k in 2024.

$544k
2023
$39k
2024
In today's dollarsEst.
Down 93% in real terms$594k to $41k

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

Board Member pay fell 95% from 2023 to 2024, while revenue fell 10%.

$544k in 2023 to $30k in 2024.
  • Vice President pay rose 17% 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 NORTH MEMORIAL FOUNDATION

What does the Chief Executive Officer of NORTH MEMORIAL FOUNDATION earn?

In 2024, the Chief Executive Officer of NORTH MEMORIAL FOUNDATION received $38,656 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among organizationPage.redesign.benchmarkBuilder.ntee.Z organizations nationwide, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NORTH MEMORIAL FOUNDATION compare with similar nonprofits?

Compared with the same role at organizationPage.redesign.benchmarkBuilder.ntee.Z organizations nationwide, the 2024 pay of the Chief Executive Officer at NORTH MEMORIAL FOUNDATION falls between the 10th and 25th percentiles. In 2024, the highest total compensation at NORTH MEMORIAL FOUNDATION equaled 3% of the organization's total expenses. The median for organizationpage.redesign.benchmarkbuilder.ntee.z organizations is 9%.

What are NORTH MEMORIAL FOUNDATION's revenue and expenses?

In 2024, NORTH MEMORIAL FOUNDATION reported $1.6M in total revenue and $1.5M in total expenses on its IRS Form 990.

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