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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 Twin Cities-Metro Certified Development CO

Twin Cities-Metro Certified Development CO

Fiscal year ending 2024. Filed on February 6, 2025.

3495 Vadnais Center Drive
Vadnais Heights, Minnesota 55110

Twin Cities-Metro Certified Development CO (EIN: 41-1672450) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Twin Cities-Metro Certified Development CO, a 501(c)(4) civic league or social welfare organization, reported compensation for 7 out of 16 total employees. Among the employees shown here, the average compensation is $239,226. The highest compensated employee at Twin Cities-Metro Certified Development CO is Pete Ingebrand with fiscal year 2024 compensation of $382,500.

Revenue, expenses, and employee compensation

Revenue

$3,600,147

Expenses

$3,682,503

Employee compensation

$2,936,933
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Pete Ingebrand
President
$382,500
$343,762 No related comp$38,738
Deborah Gustafson
Senior Lender/Senior Vice President
$301,315
$260,034 No related comp$41,281
Sheil Nelson
Senior Lender
$258,250
$214,788 No related comp$43,462
Paul Lambert
Secretary/Senior Vice President
$233,245
$196,711 No related comp$36,534
Michael Kinninger
Loan Officer
$180,908
$165,473 No related comp$15,435
Melissa Miller
Loan Officer
$159,663
$153,060 No related comp$6,603
Michael Kinderman
Loan Officer
$158,704
$143,672 No related comp$15,032

Benchmark Employee Compensation

Non-Employee Board Members

Dennis Welch
Board Member
$5,800
$5,800 No related compNo other comp
David Wasmuth
Board Member
$4,875
$4,875 No related compNo other comp
Jim Louwagie
Board Chair and Board Member
$4,405
$4,405 No related compNo other comp
Kevin Maas - Board Member
Treasurer and Secretary
$4,020
$4,020 No related compNo other comp
Royce Nelligan
Board Member
$3,340
$3,340 No related compNo other comp
Jonathan Dolphin
Board Member
$2,015
$2,015 No related compNo other comp
Carol Maloney
Board Member
$1,945
$1,945 No related compNo other comp
Bryan Toft
Board Member
$1,945
$1,945 No related compNo other comp
Shelley Peterson
Board Member
$1,910
$1,910 No related compNo other comp
Levi Smith
Board Member
$1,805
$1,805 No related compNo other comp
Mike Brass
Board Member
$1,805
$1,805 No related compNo other comp
Mike Scholl
Board Member
No compensation reported

Mission Statement

TO STIMULATE PRIVATE SECTOR INVESTMENT BY PROVIDING FUNDING FOR SMALL BUSINESS EXPANSIONS IN MINNESOTA AND WESTERN WISCONSIN THROUGH THE UTILIZATION OF THE SMALL BUSINESS ADMINISTRATION'S 504 LOAN PROGRAM.

Revisions to this organization profile

February 6, 2025:
2024 Twin Cities-Metro Certified Development CO 990 filed
January 22, 2024:
2023 Twin Cities-Metro Certified Development CO 990 filed
February 1, 2023:
2022 Twin Cities-Metro Certified Development CO 990 filed

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