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Filing year 2023

THE BAPTIST APARTMENTS INC

Edina, Minnesota·EIN 45-0359794·NTEE L20 · Housing & Shelter·501(c)(3)

THE BAPTIST APARTMENTS INC's highest-paid officer, the CEO, was reported at $710,016 for 2023 (IRS Form 990), including base pay and other compensation.

Total revenue
$2.9M
Total assets
$8.9M
Total expenses
$3M
Reported officers
15

Executive compensation

Form 990-PF · Part VIII · 6 reported individuals · Filing year 2023

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

CEO
Above 90th percentile
$710k
COO
Above 90th percentilevs Housing & Shelter peers nationwide
$417k
CFO
Above 90th percentile
$397k
CSO
Unclassified
$343k
Ccco
Unclassified
$301k
Chro
Unclassified
$287k

Plus 9 unpaid individuals.

Browse compensation in Housing & Shelter →

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE BAPTIST APARTMENTS INC equaled 24% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
24%
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.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Housing & Shelter executives earn in Minnesota

Comparable housing & shelter organizations in Minnesota pay their highest-earning executive a median of $68,006.

25th percentile
$37k
Median
$68,006
75th percentile
$111k
90th percentile
$167k

These are housing & shelter sector-wide figures, not this organization's reported pay. Based on 323 organizations across 323 filings (2021 – 2024).

See full Housing & Shelter pay data for Minnesota →
FAQ

Common questions about THE BAPTIST APARTMENTS INC

What does the Chief Executive Officer of THE BAPTIST APARTMENTS INC earn?

In 2023, the Chief Executive Officer of THE BAPTIST APARTMENTS INC received $710,016 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Housing & Shelter organizations in Minnesota: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE BAPTIST APARTMENTS INC compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Minnesota, the 2023 pay of the Chief Executive Officer at THE BAPTIST APARTMENTS INC falls in the top 10%. In 2023, the highest total compensation at THE BAPTIST APARTMENTS INC equaled 24% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are THE BAPTIST APARTMENTS INC's revenue and expenses?

In 2023, THE BAPTIST APARTMENTS INC reported $2.9M in total revenue and $3M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.