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Filing year 2024

WEST BANK COMMUNITY DEVELOPMENT CORPORATION

Minneapolis, Minnesota·EIN 51-0168908·501(c)(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 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Executive Director
Median to 75th percentile
$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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

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.

Pay for the position

Chief Executive Officer pay rose 119% from 2022 to 2024, while revenue fell 43%.

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

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.

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.
FAQ

Common questions about WEST BANK COMMUNITY DEVELOPMENT CORPORATION

What does the Chief Executive Officer of WEST BANK COMMUNITY DEVELOPMENT CORPORATION earn?

In 2024, the Chief Executive Officer of WEST BANK COMMUNITY DEVELOPMENT CORPORATION received $121,769 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at WEST BANK COMMUNITY DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at WEST BANK COMMUNITY DEVELOPMENT CORPORATION falls between the median and the 75th percentile.

What are WEST BANK COMMUNITY DEVELOPMENT CORPORATION's revenue and expenses?

In 2024, WEST BANK COMMUNITY DEVELOPMENT CORPORATION reported $193k in total revenue and $420k in total expenses on its IRS Form 990.

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