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Filing year 2024

TWIN CITIES HOUSING DEVELOPMENT CORPORATION

St Paul, Minnesota·EIN 36-3287080·NTEE L20 · Housing & Shelter·501(c)(3)
Total revenue
$8.4M
Total assets
$50.5M
Total expenses
$6.8M
Reported officers
14
Mission

TWIN CITIES HOUSING DEVELOPMENT CORPORATION'S (TCHDC) MISSION IS TO PROVIDE QUALITY AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME PERSONS WHICH IS RESPECTFUL OF THE COMMUNITIES IN WHICH THE HOUSING IS LOCATED.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2024

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

Executive Director
Above 90th percentilevs Housing & Shelter peers in Minnesota
$262k
$279k
Base
$226k
Bonus
$4k
Other
Benefits
$22k
Development Manager
Highest Compensated Employee
75th to 90th percentile
$190k
$203k
Base
$157k
Bonus
$4k
Other
Benefits
$21k
Senior Asset Manager
Highest Compensated Employee
75th to 90th percentile
$163k
$174k
Base
$132k
Bonus
$3k
Other
Benefits
$21k
Senior Asset Manager
Highest Compensated Employee
Median to 75th percentile
$148k
$158k

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 10 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at TWIN CITIES HOUSING DEVELOPMENT CORPORATION equaled 4% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
4%
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.

Up 3%
from 2023

From $254k in 2023 to $262k in 2024.

$254k
2023
$262k
2024
In today's dollarsEst.
Up 1% in real terms$277k to $279k

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.

Pay for the position

Chief Executive Officer pay rose 3% from 2023 to 2024, while revenue rose 40%.

$254k in 2023 to $262k in 2024.
  • Highest Compensated Employee pay rose 4% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 TWIN CITIES HOUSING DEVELOPMENT CORPORATION

What does the Chief Executive Officer of TWIN CITIES HOUSING DEVELOPMENT CORPORATION earn?

In 2024, the Chief Executive Officer of TWIN CITIES HOUSING DEVELOPMENT CORPORATION received $261,870 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 TWIN CITIES HOUSING DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Minnesota, the 2024 pay of the Chief Executive Officer at TWIN CITIES HOUSING DEVELOPMENT CORPORATION falls in the top 10%. In 2024, the highest total compensation at TWIN CITIES HOUSING DEVELOPMENT CORPORATION equaled 4% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are TWIN CITIES HOUSING DEVELOPMENT CORPORATION's revenue and expenses?

In 2024, TWIN CITIES HOUSING DEVELOPMENT CORPORATION reported $8.4M in total revenue and $6.8M in total expenses on its IRS Form 990.

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