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Filing year 2024

OPPORTUNITY NEIGHBORHOOD

Elk River, Minnesota·EIN 41-1923622·NTEE L22 · Housing & Shelter·501(c)(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 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Minnesota.

Executive Director
Median to 75th percentile
$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

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at OPPORTUNITY NEIGHBORHOOD equaled 15% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
15%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter 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 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.

Pay for the position

Chief Executive Officer pay fell 33% from 2023 to 2024, while revenue fell 29%.

$112k in 2023 to $74k in 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 OPPORTUNITY NEIGHBORHOOD

What does the Chief Executive Officer of OPPORTUNITY NEIGHBORHOOD earn?

In 2024, the Chief Executive Officer of OPPORTUNITY NEIGHBORHOOD received $74,223 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in Minnesota, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at OPPORTUNITY NEIGHBORHOOD compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Minnesota, the 2024 pay of the Chief Executive Officer at OPPORTUNITY NEIGHBORHOOD falls between the median and the 75th percentile. In 2024, the highest total compensation at OPPORTUNITY NEIGHBORHOOD equaled 15% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are OPPORTUNITY NEIGHBORHOOD's revenue and expenses?

In 2024, OPPORTUNITY NEIGHBORHOOD reported $415k in total revenue and $509k in total expenses on its IRS Form 990.

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