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Filing year 2023

THE PARACHUTE FOUNDATION

Minnetonka, Minnesota·EIN 84-1767763·NTEE E12 · Health Care·501(c)(3)
Total revenue
$217k
Total assets
$42k
Total expenses
$229k
Reported officers
3
Mission

SUPPORT FAMILIES DURING EARLY RECOVERY

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Health Care organizations in Minnesota.

President
10th to 25th percentile
$26k
$29k

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 2 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE PARACHUTE FOUNDATION equaled 12% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
12%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care 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.

Among peers

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

FAQ

Common questions about THE PARACHUTE FOUNDATION

What does the Chief Executive Officer of THE PARACHUTE FOUNDATION earn?

In 2023, the Chief Executive Officer of THE PARACHUTE FOUNDATION received $26,366 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Health Care organizations in Minnesota, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE PARACHUTE FOUNDATION compare with similar nonprofits?

Compared with the same role at Health Care organizations in Minnesota, the 2023 pay of the Chief Executive Officer at THE PARACHUTE FOUNDATION falls between the 10th and 25th percentiles. In 2023, the highest total compensation at THE PARACHUTE FOUNDATION equaled 12% of the organization's total expenses. The median for health care organizations is 4%.

What are THE PARACHUTE FOUNDATION's revenue and expenses?

In 2023, THE PARACHUTE FOUNDATION reported $217k in total revenue and $229k in total expenses on its IRS Form 990.

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