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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 2021. Filed on June 14, 2022.

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 2021 IRS Form 990 filing, Commonbond Communities, a 501(c)(3) charitable organization, reported compensation for 7 out of 164 total employees. Among the employees shown here, the average compensation is $199,573. The highest compensated employee at Commonbond Communities is Deidre Schmidt with fiscal year 2021 compensation of $302,291.

Revenue, expenses, and employee compensation

Revenue

$28,132,790

Expenses

$22,406,311

Employee compensation

$8,489,427
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Deidre Schmidt
President and Chief Executive Officer
$302,291
$282,058 No related comp$20,233
Thomas Adams
Executive Vice President of Housing Service
$203,842
$0 $185,578 $18,264
Angela Riley
CFO and Vp-Admin
$199,704
$0 $186,606 $13,098
Cecile Bedor
Executive Vice President of REAL Estate
$190,244
$0 $172,106 $18,138
Derek Madsen
Executive Vice President of Resource Development
$185,274
$163,493 No related comp$21,781
Karen Law
Executive Vice President of Talent Equity and Culture
$168,399
$0 $150,047 $18,352
Michele Myers
Director of Property Management Operations
$147,260
$0 $141,719 $5,541

Benchmark Employee Compensation

Non-Employee Board Members

Adam Bernier
Vice Chair
Cindy Koch
Treasurer
Edward Goetz
Director
Eva Stevens
Director
Jamal Adam
Director
Jennifer Thao
Director
Matt Schriner
Director
Megan Remark
Director
Nicole Brookshire
Director
R Particia Trish Kelly
Director
Richard Wicka
Chair
Sean Rice
Director

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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