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Filing year 2023

SOUTHWEST MINNESOTA PRIVATE INDUSTRY COUNCIL INC

Marshall, Minnesota·EIN 41-1487964·NTEE J30Z · Employment·501(c)(3)
Total revenue
$3.5M
Total assets
$1.7M
Total expenses
$3.3M
Reported officers
9
Mission

BUILDING TOMORROW'S WORKFORCE THROUGH TRAINING, LEADERSHIP, AND ECONOMIC DEVELOPMENT.

Executive compensation

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Employment organizations nationwide.

Executive Director
Median to 75th percentilevs Employment peers in Minnesota
$111k
$122k
Fiscal Manager
Officer (Unspecified)
$76k
$84k
Secretary
Officer (Unspecified)
$780
$862
Director
Board Member
10th to 25th percentile
$650
$718
Vice Chair
Board Vice Chair
Below 10th percentile
$585
$646
Director
Board Member
Below 10th percentile
$520
$574
Director
Board Member
Below 10th percentile
$520
$574
Chair
Board Chair
Below 10th percentile
$390
$431

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 1 unpaid individual.

Browse compensation in Employment

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at SOUTHWEST MINNESOTA PRIVATE INDUSTRY COUNCIL INC equaled 3% of the organization's total expenses. The median for employment organizations is 7%.

This organization (2023)
3%
Sector median
7%
Middle half of sector
3% to 16%

Based on 3,624 employment 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 4%
from 2022

From $106k in 2022 to $111k in 2023.

$106k
2022
$111k
2023
In today's dollarsEst.
Roughly flat in real terms$122k to $122k

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.

Pay for the position

Chief Executive Officer pay rose 4% from 2022 to 2023, while revenue rose 2%.

$106k in 2022 to $111k in 2023.
  • Board Member pay rose 67% from 2022 to 2023.
  • Board Vice Chair pay rose 125% 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about SOUTHWEST MINNESOTA PRIVATE INDUSTRY COUNCIL INC

What does the Chief Executive Officer of SOUTHWEST MINNESOTA PRIVATE INDUSTRY COUNCIL INC earn?

In 2023, the Chief Executive Officer of SOUTHWEST MINNESOTA PRIVATE INDUSTRY COUNCIL INC received $110,655 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Employment organizations in Minnesota, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at SOUTHWEST MINNESOTA PRIVATE INDUSTRY COUNCIL INC compare with similar nonprofits?

Compared with the same role at Employment organizations in Minnesota, the 2023 pay of the Chief Executive Officer at SOUTHWEST MINNESOTA PRIVATE INDUSTRY COUNCIL INC falls between the median and the 75th percentile. In 2023, the highest total compensation at SOUTHWEST MINNESOTA PRIVATE INDUSTRY COUNCIL INC equaled 3% of the organization's total expenses. The median for employment organizations is 7%.

What are SOUTHWEST MINNESOTA PRIVATE INDUSTRY COUNCIL INC's revenue and expenses?

In 2023, SOUTHWEST MINNESOTA PRIVATE INDUSTRY COUNCIL INC reported $3.5M in total revenue and $3.3M in total expenses on its IRS Form 990.

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