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Filing year 2023

THE FARIBAULT ICE ARENA ASSOCIATION

Faribault, Minnesota·EIN 41-1822463·NTEE N32N · Recreation & Sports·3
Total revenue
$638k
Total assets
$1.7M
Total expenses
$242k
Reported officers
9

Executive compensation

Form 990 · Schedule J · 2 reported individuals · Filing year 2023

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

President
25th percentile to median
$40k
$45k
Vice President
25th percentile to medianvs Recreation & Sports peers nationwide
$5k
$5k

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 7 unpaid individuals.

Browse compensation in Recreation & Sports

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE FARIBAULT ICE ARENA ASSOCIATION equaled 17% of the organization's total expenses. The median for recreation & sports organizations is 8%.

This organization (2023)
17%
Sector median
8%
Middle half of sector
4% to 16%

Based on 7,267 recreation & sports organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 18%
from 2022

From $34k in 2022 to $40k in 2023.

$34k
2022
$40k
2023
In today's dollarsEst.
Up 14% in real terms$39k to $45k

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 18% from 2022 to 2023, while revenue rose 173%.

$34k in 2022 to $40k in 2023.
  • Vice President pay rose 24% 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 THE FARIBAULT ICE ARENA ASSOCIATION

What does the Chief Executive Officer of THE FARIBAULT ICE ARENA ASSOCIATION earn?

In 2023, the Chief Executive Officer of THE FARIBAULT ICE ARENA ASSOCIATION received $40,380 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Recreation & Sports organizations in Minnesota, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE FARIBAULT ICE ARENA ASSOCIATION compare with similar nonprofits?

Compared with the same role at Recreation & Sports organizations in Minnesota, the 2023 pay of the Chief Executive Officer at THE FARIBAULT ICE ARENA ASSOCIATION falls between the 25th percentile and the median. In 2023, the highest total compensation at THE FARIBAULT ICE ARENA ASSOCIATION equaled 17% of the organization's total expenses. The median for recreation & sports organizations is 8%.

What are THE FARIBAULT ICE ARENA ASSOCIATION's revenue and expenses?

In 2023, THE FARIBAULT ICE ARENA ASSOCIATION reported $638k in total revenue and $242k in total expenses on its IRS Form 990.

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