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Filing year 2024

TOWERSIDE INNOVATION DISTRICT

Minneapolis, Minnesota·EIN 82-3639718·NTEE S11 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$457k
Total assets
$853k
Total expenses
$365k
Reported officers
14
Mission

TOWERSIDE WORKS TOGETHER WITH OTHER MISSION-DRIVEN, COMMUNITY-BASED, EDUCATIONAL, ENVIRONMENTAL AND GOVERNMENTAL ORGANIZATIONS IN THE CREATION AND CONTINUANCE OF A SUSTAINABLE COMMUNITY OF DISCOVERY AND INNOVATION IN THE TOWERSIDE DISTRICT OF MINNEAPOLIS AND SAINT PAUL.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Minnesota.

Executive Director
25th percentile to median
$83k
$89k

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 13 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at TOWERSIDE INNOVATION DISTRICT equaled 23% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
23%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building 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 TOWERSIDE INNOVATION DISTRICT

What does the Chief Executive Officer of TOWERSIDE INNOVATION DISTRICT earn?

In 2024, the Chief Executive Officer of TOWERSIDE INNOVATION DISTRICT received $83,000 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Minnesota, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at TOWERSIDE INNOVATION DISTRICT compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Minnesota, the 2024 pay of the Chief Executive Officer at TOWERSIDE INNOVATION DISTRICT falls between the 25th percentile and the median. In 2024, the highest total compensation at TOWERSIDE INNOVATION DISTRICT equaled 23% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are TOWERSIDE INNOVATION DISTRICT's revenue and expenses?

In 2024, TOWERSIDE INNOVATION DISTRICT reported $457k in total revenue and $365k in total expenses on its IRS Form 990.

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