Comparability preview
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Initiative Foundation
EIN 363451562 · MN · NTEE S400 · revenue $10,031,903 · FY 2023-12-31
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7th percentile
We compared this Executive Director / CEO's pay to 15 similar community improvement nonprofits of about the same size, adjusted for MN cost of living and inflation.
BRIAN VOERDING · reported title "PRESIDENT".
How we chose them
Every comparable organization in the band — 15 in total — matched by Same NTEE sector (S40), 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 |
|---|---|---|---|---|
| Delaware Innovation Space Inc | DE | $9,981,142 | $74,006 | 990 → |
| Virginia Utility Protection Service Inc | VA | $9,742,738 | $278,111 | 990 → |
| Yoga Alliance | VA | $10,343,431 | $485,146 | 990 → |
| Pacific West Association Of Realtors | CA | $10,432,130 | $318,632 | 990 → |
| Ascendus Inc | NY | $10,641,559 | $427,125 | 990 → |
| 🔒 +10 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 15-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.