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Filing year 2024

NORTHSIDE ECONOMIC OPPORTUNITY NETWORK

Minneapolis, Minnesota·EIN 80-0163521·NTEE S31 · Community Improvement & Capacity Building·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 · Schedule J · 3 reported individuals · Filing year 2024

$263k
$280k
Base
$193k
Bonus
$32k
Other
Benefits
$29k
$161k
$171k
Base
$128k
Bonus
$12k
Other
Benefits
$15k
VP Business Development
vice president
$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

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

NORTHSIDE ECONOMIC OPPORTUNITY NETWORK reported revenue and expenses across 2 filing years.

RevenueExpenses
$11.9M
$2.8M
2023
$5.9M
$3M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in Minnesota

Comparable community improvement & capacity building organizations in Minnesota pay their highest-earning executive a median of $74,104.

25th percentile
$33k
Median
$74,104
75th percentile
$137k
90th percentile
$212k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 62 organizations across 62 filings (2022 – 2023).

See full Community Improvement & Capacity Building pay data for Minnesota
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