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Filing year 2024

NORTHSIDE ECONOMIC OPPORTUNITY NETWORK

Minneapolis, Minnesota·EIN 80-0163521·NTEE S31 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$5.9M
Total assets
$19.1M
Total expenses
$3M
Reported officers
18
Mission

NEON MISSION IS TO BUILD WEALTH FOR THE LOW TO MODERATE-INCOME ENTREPRENEURS IN NORTH MINNEAPOLIS AND SURROUNDING COMMUNITIES. NEON ACCOMPLISHES ITS MISSION BY COLLABORATING WITH PARTNER ORGANIZATIONS TO PROVIDE TECHNICAL ASSISTANCE AND SUPPORT: ENTREPRENEUR TRAINING AND OUTREACH, FINANCIAL LITERACY, SMALL BUSINESS, AND TECHNICAL ASSISTANCE AND SUPPORT.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.

President
Above 90th percentilevs Community Improvement & Capacity Building peers in Minnesota
$263k
$280k
Base
$193k
Bonus
$32k
Other
Benefits
$29k
Senior VP & COO
Median to 75th percentile
$161k
$171k
Base
$128k
Bonus
$12k
Other
Benefits
$15k
VP Business Development
Board Vice President
25th percentile to median
$136k
$145k

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 15 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at NORTHSIDE ECONOMIC OPPORTUNITY NETWORK equaled 9% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
9%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building 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 26%
from 2023

From $208k in 2023 to $263k in 2024.

$208k
2023
$263k
2024
In today's dollarsEst.
Up 23% in real terms$227k to $280k

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 26% from 2023 to 2024, while revenue fell 51%.

$208k in 2023 to $263k in 2024.
  • Chief Operating Officer pay rose 13% 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 NORTHSIDE ECONOMIC OPPORTUNITY NETWORK

What does the Chief Executive Officer of NORTHSIDE ECONOMIC OPPORTUNITY NETWORK earn?

In 2024, the Chief Executive Officer of NORTHSIDE ECONOMIC OPPORTUNITY NETWORK received $262,756 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Community Improvement & Capacity Building 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 NORTHSIDE ECONOMIC OPPORTUNITY NETWORK compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Minnesota, the 2024 pay of the Chief Executive Officer at NORTHSIDE ECONOMIC OPPORTUNITY NETWORK falls in the top 10%. In 2024, the highest total compensation at NORTHSIDE ECONOMIC OPPORTUNITY NETWORK equaled 9% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are NORTHSIDE ECONOMIC OPPORTUNITY NETWORK's revenue and expenses?

In 2024, NORTHSIDE ECONOMIC OPPORTUNITY NETWORK reported $5.9M in total revenue and $3M in total expenses on its IRS Form 990.

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