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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Commonbond Communities

Commonbond Communities

Fiscal year ending 2018. Filed on June 4, 2019.

1080 Montreal Avenue
ST Paul, Minnesota 55116

Commonbond Communities (EIN: 41-1260469) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2018 IRS Form 990 filing, Commonbond Communities, a 501(c)(3) charitable organization, reported compensation for 6 out of 133 total employees. Among the employees shown here, the average compensation is $204,384. The highest compensated employee at Commonbond Communities is Deidre Schmidt with fiscal year 2018 compensation of $280,450.

Revenue, expenses, and employee compensation

Revenue

$19,129,360

Expenses

$15,646,247

Employee compensation

$6,260,281
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Deidre Schmidt
President and Chief Executive Officer
$280,450
$258,887 No related comp$21,563
Kevin Myren
CFO and Vp-Administration
$229,739
$0 $214,003 $15,736
Lisa Wilcox-Erhardt
Executive Vice President of Housing SE
$211,857
$0 $194,755 $17,102
Ann Ruff
Vice President Major GIFT
$182,837
$163,456 No related comp$19,381
Derek Madsen
Executive Vice President of Resource D
$181,557
$157,781 No related comp$23,776
Cecile Bedor
Executive Vice President of REAL Estat
$139,865
$0 $129,634 $10,231

Benchmark Employee Compensation

Non-Employee Board Members

Adam Bernier
Director
Brad W Hoffelt
Director
Carleen Rhodes
Vice Chair
Chanda Smith Baker
Director
Chris Gallagher
Director
Dana Cottrell
Director
Edward Goetz
Director
Eva Stevens
Director
Hamse Warfa
Director
Jamal Adam
Director
John Schwab
Director
Kyle Hansen
Chair

Mission Statement

COMMONBOND'S MISSION IS TO BUILD STABLE HOMES, STRONG FUTURES AND VIBRANT COMMUNITIES. AS THE LARGEST NONPROFIT PROVIDER OF AFFORDABLE HOMES IN THE UPPER MIDWEST, COMMONBOND HAS BEEN BUILDING AND SUSTAINING HOMES WITH SERVICES TO FAMILIES, SENIORS, AND INDIVIDUALS WITH DISABILITIES SINCE 1971. COMMONBOND COMBINES AFFORDABLE HOUSING WITH ADVANTAGE SERVICES WITH THE GOAL OF HELPING ACHIEVE STABILITY, ADVANCEMENT, AND INDEPENDENCE.

Revisions to this organization profile

July 8, 2025:
2024 Commonbond Communities 990 filed
August 21, 2024:
2023 Commonbond Communities 990 filed
June 26, 2023:
2022 Commonbond Communities 990 filed

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