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Filing year 2024

OPPORTUNITY NEIGHBORHOOD

Elk River, Minnesota·EIN 41-1923622·NTEE L22 · Housing & Shelter·3
Total revenue
$415k
Total assets
$229k
Total expenses
$509k
Reported officers
5
Mission

TO SUPPORT THE PEOPLE AND STRENGTHEN NEIGHBORHOODS WITHIN AFFORDABLE HOUSING COMMUNITIES, THROUGH COOPERATIVE PARTNERSHIPS.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Executive Director
$74k
$79k

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 4 unpaid individuals.

Browse compensation in Housing & Shelter

Down 33%
from 2023

From $112k in 2023 to $74k in 2024.

$112k
2023
$74k
2024
In today's dollarsEst.
Down 35% in real terms$122k to $79k

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

OPPORTUNITY NEIGHBORHOOD reported revenue and expenses across 2 filing years.

RevenueExpenses
$583k
$644k
2023
$415k
$509k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Housing & Shelter executives earn in Minnesota

Comparable housing & shelter organizations in Minnesota pay their highest-earning executive a median of $65,715.

25th percentile
$25k
Median
$65,715
75th percentile
$68k
90th percentile
$158k

These are housing & shelter sector-wide figures, not this organization's reported pay. Based on 71 organizations across 71 filings (2021 – 2023).

See full Housing & Shelter pay data for Minnesota
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