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Filing year 2023

RESIDENCE AT FRANKLIN PARK INC

Eden Prairie, Minnesota·EIN 84-0630940·4
Total revenue
$137k
Total assets
$5.7M
Total expenses
$3k
Reported officers
18
Mission

THE PRIMARY PURPOSE AND ACTIVITY OF THE RESIDENCES AT FRANKLIN PARK IS TO PROVIDE SUPPORT TO NONPROFIT ORGANIZATIONS WHOSE CHARITABLE MISSION IS TO PROVIDE SUPPORT TO CARE FOR THE ELDERLY, LOW INCOME AND DISABLED PERSONS

Executive compensation

Form 990 · Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President & CEO
10th to 25th percentile
$38k
$42k
Secretary & VP of Human Re
Vice President
25th percentile to median
$34k
$37k
CFO & Treasurer
25th percentile to median
$30k
$33k

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.

Up 4%
from 2022

From $37k in 2022 to $38k in 2023.

$37k
2022
$38k
2023
In today's dollarsEst.
Up 1% in real terms$41k to $42k

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 4% from 2022 to 2023.

$37k in 2022 to $38k in 2023.
  • Vice President pay rose 681% from 2022 to 2023.
  • Chief Financial Officer pay rose 205% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

Common questions about RESIDENCE AT FRANKLIN PARK INC

What does the Chief Executive Officer of RESIDENCE AT FRANKLIN PARK INC earn?

In 2023, the Chief Executive Officer of RESIDENCE AT FRANKLIN PARK INC received $38,445 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at RESIDENCE AT FRANKLIN PARK INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at RESIDENCE AT FRANKLIN PARK INC falls between the 10th and 25th percentiles.

What are RESIDENCE AT FRANKLIN PARK INC's revenue and expenses?

In 2023, RESIDENCE AT FRANKLIN PARK INC reported $137k in total revenue and $3k in total expenses on its IRS Form 990.

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