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Filing year 2024

PROPEL NONPROFITS

Minneapolis, Minnesota·EIN 41-1916337·NTEE T11 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$23M
Total assets
$61.7M
Total expenses
$12.6M
Reported officers
24
Mission

THE MISSION OF PROPEL NONPROFITS IS TO FUEL THE IMPACT AND EFFECTIVENESS OF NONPROFITS WITH GUIDANCE, EXPERTISE, AND CAPITAL. PROPEL NONPROFITS PROVIDES LOANS TO NONPROFITS FOR FACILITIES AND WORKING CAPITAL. WE TRAIN NONPROFIT STAFF AND BOARDS TO UNDERSTAND AND BUILD FINANCIAL HEALTH, CLEAR STRATEGY, AND STRONG GOVERNANCE PRACTICES. WE PROVIDE EXPERT KNOWLEDGE, GUIDANCE, AND INSIGHT FOR NONPROFITS ABOUT GOVERNANCE, PLANNING, FINANCIAL STRATEGY, AND SUSTAINABILITY. WE CONSULT AND GUIDE ON STRATEGY, ORGANIZATIONAL STRUCTURE AND FINANCIAL PLANS, STRATEGIC ALLIANCES, AND GOVERNANCE. WE OFFER NONPROFIT ACCOUNTING SERVICES AND FINANCIAL SYSTEMS REVIEW. WE PROVIDE FISCAL SPONSORSHIP AND SUPPORT FOR EMERGING ORGANIZATIONS AND COLLABORATIONS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Minnesota.

President and CEO
75th to 90th percentile
$267k
$285k
Base
$235k
Bonus
Other
Benefits
$20k
Vice President & CFO
Median to 75th percentile
$191k
$203k
Base
$158k
Bonus
Other
Benefits
$25k
Chief Advancement Officer
Officer (Unspecified)
$160k
$170k
Base
$129k
Bonus
Other
Benefits
$24k
Chief Program Officer
25th percentile to medianvs all sectors nationwide
$147k
$157k
Capacity Building Direcor
Highest Compensated Employee
25th percentile to medianvs Philanthropy, Voluntarism & Grantmaking peers nationwide
$129k
$137k
Loan Fund Director
Highest Compensated Employee
10th to 25th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$122k
$130k
President and CEO (through March)
25th percentile to median
$76k
$81k
Chief Program Officer (through March)
Chief Program Officer
Below 10th percentilevs all sectors nationwide
$48k
$52k

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 16 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at PROPEL NONPROFITS equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
2%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking 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 17%
from 2023

From $228k in 2023 to $267k in 2024.

$228k
2023
$267k
2024
In today's dollarsEst.
Up 15% in real terms$249k to $285k

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 17% from 2023 to 2024, while revenue rose 166%.

$228k in 2023 to $267k in 2024.
  • Chief Program Officer pay rose 23% from 2023 to 2024.
  • Highest Compensated Employee pay rose 6% 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 PROPEL NONPROFITS

What does the Chief Executive Officer of PROPEL NONPROFITS earn?

In 2024, the Chief Executive Officer of PROPEL NONPROFITS received $267,186 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at PROPEL NONPROFITS compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, the 2024 pay of the Chief Executive Officer at PROPEL NONPROFITS falls between the 75th and 90th percentiles. In 2024, the highest total compensation at PROPEL NONPROFITS equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are PROPEL NONPROFITS's revenue and expenses?

In 2024, PROPEL NONPROFITS reported $23M in total revenue and $12.6M in total expenses on its IRS Form 990.

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