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Filing year 2023

NORTHSTAR EDUCATION FINANCE INC

Eden Prairie, Minnesota·EIN 41-1961427·NTEE B822 · Education·3
Total revenue
$68.1M
Total assets
$825.6M
Total expenses
$67M
Reported officers
11
Mission

TO FOSTER, AID, ENCOURAGE AND ASSIST THE PURSUIT OF HIGHER EDUCATION BY REDUCING THE COST OF HIGHER EDUCATION THROUGH THE TOTAL HIGHER EDUCATION (THE) LOAN PROGRAM AND ADDITIONALLY THROUGH A GRANTS PROGRAM.

Executive compensation

Form 990 · Schedule J · 9 reported individuals · Filing year 2023

$100k
$109k
Chief Financial Officer & Treasurer
$89k
$98k
Chair
board chair
$38k
$41k
Board Member
board member
$28k
$30k
Director
board member
$28k
$30k
Director
board member
$28k
$30k
Director (retired) 12/2023
board member
$19k
$20k
Director
board member
$18k
$19k
Director
board member
$16k
$18k

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 2 unpaid individuals.

Browse compensation in Education

Held steady
from 2022

From $100k in 2022 to $100k in 2023.

$100k
2022
$100k
2023
In today's dollarsEst.
Down 3% in real terms$112k to $109k

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

NORTHSTAR EDUCATION FINANCE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$72.6M
$74.9M
2022
$68.1M
$67M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Minnesota

Comparable education organizations in Minnesota pay their highest-earning executive a median of $90,954.

25th percentile
$36k
Median
$90,954
75th percentile
$152k
90th percentile
$217k

These are education sector-wide figures, not this organization's reported pay. Based on 268 organizations across 268 filings (2022 – 2023).

See full Education pay data for Minnesota
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