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Filing year 2024

SHEPHERD OAK APARTMENTS INC

Sauk Rapids, Minnesota·EIN 41-1773664·NTEE L22Z · Housing & Shelter·3
Total revenue
$397k
Total assets
$1.3M
Total expenses
$457k
Reported officers
10
Mission

OWN AND OPERATE AN APARTMENT FOR OLDER ADULTS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS AND TO PROMOTE THEIR HEALTH, SECURITY, AND HAPPINESS IN LONGER LIVING.

Executive compensation

Form 990 · Schedule J · 4 reported individuals · Filing year 2024

President/ceo/administrator
$26k
$28k
VP of Human Resources
vice president
$15k
$16k
VP of Environmental Services
vice president
$11k
$12k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Browse compensation in Housing & Shelter

Up 7%
from 2023

From $25k in 2023 to $26k in 2024.

$25k
2023
$26k
2024
In today's dollarsEst.
Up 5% in real terms$27k to $28k

Estimated with BLS CPI-U for the Midwest region, 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

SHEPHERD OAK APARTMENTS INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$384k
$438k
2023
$397k
$457k
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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