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The Homestead At Rochester Inc
EIN 300186547 · MN · NTEE L20 · revenue $26,118,873 · FY 2024-06-30
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30th percentile
We compared this Executive Director / CEO's pay to 50 similar housing & shelter nonprofits of about the same size, adjusted for MN cost of living and inflation.
KING MICHAEL W · reported title "PRESIDENT" — selected as the highest-paid individual; verify the role.
How we chose them
Every comparable organization in the band — 50 in total — matched by Same NTEE sector (L20), nationwide + budget 0.77–1.3× revenue, and selected by rule, not hand-picked. Peer pay is normalized to MN cost of living (BEA Regional Price Parities) and to the subject's filing year (CPI-U). Full methodology →
| Organization | State | Revenue | Total comp | Filing |
|---|---|---|---|---|
| The Caritas Corporation | CA | $26,045,405 | $228,591 | 990 → |
| Friendship Haven Inc | IA | $26,304,157 | $288,213 | 990 → |
| Foundation Communities Group Return | TX | $25,916,885 | $24,715 | 990 → |
| Chicago Low Income Housing Trust Fund | IL | $25,515,409 | $140,740 | 990 → |
| Heron's Key | WA | $25,470,139 | $46,696 | 990 → |
| 🔒 +45 more comparable organizations — the full peer set, sources, and CSV export are included in your board report. | ||||
Generate the board-ready determination
A formatted PDF with the full 50-organization peer set, the distribution, the methodology, and ready-to-adopt 26 CFR 53.4958-6 board-minutes language — timestamped to attach to your minutes. A screenshot of a webpage isn't board minutes.