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Filing year 2024

WEST BANK COMMUNITY DEVELOPMENT CORPORATION

Minneapolis, Minnesota·EIN 51-0168908·3
Total revenue
$193k
Total assets
$2M
Total expenses
$420k
Reported officers
11
Mission

THROUGH THE OWNERSHIP OF VARIOUS ASSETS, THE ORGANIZATION IMPROVES THE QUALITY OF LIFE OF RESIDENTS BY MAINTAINING AND PRESERVING AFFORDABLE HOUSING STOCK AND COMMERCIAL BUILDINGS, GIVING RESIDENTS A VOICE IN THE DECISION MAKING PROCESS RELATED TO THOSE ASSETS, AND PROVIDING INSTITUTIONAL EXPERTISE ON A WIDE VARIETY OF DEVELOPMENT TOPICS AFFECTING THE CEDAR-RIVERSIDE AREA.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Executive Director
$122k
$130k

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.

Climbed 119%
over 2 years

From $56k in 2022 to $122k in 2024.

$56k
2022
$116k
2023
$122k
2024
In today's dollarsEst.
Up 108% in real terms$63k to $130k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

WEST BANK COMMUNITY DEVELOPMENT CORPORATION reported revenue and expenses across 3 filing years.

RevenueExpenses
$342k
$353k
2022
$842k
$376k
2023
$193k
$420k
2024
Total revenue and total expenses from IRS Form 990 filings.
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