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TWIN CITIES-METRO CERTIFIED DEVELOPMENT COMPANY

MN · EIN 411672450

42
Executives Disclosed
$3.9M
Annual Revenue
$7.5M
Total Assets
1.3:1
Internal Pay Ratio

TWIN CITIES-METRO CERTIFIED DEVELOPMENT COMPANY has 42 executives with disclosed compensation. The highest-paid executive, Pete Ingebrand (PRESIDENT), received peak total compensation of $382,500.


Top Executive Compensation Over Time


Executive Compensation

Name Title Peak Comp. Latest Comp. Years vs. Household
Pete Ingebrand PRESIDENT $383K $331K 2017–2025 5.1x
Peter Ingebrand PRESIDENT $330K $330K 2019–2021 4.4x
Deborah Gustafson - Senior LENDER/SENIOR VICE PRESIDENT $310K $310K 2025–2025 4.1x
Deborah Gustafson SENIOR LENDER/SENIOR VICE PRESIDENT $309K $301K 2016–2024 4.1x
Sheil Nelson SENIOR LENDER $281K $271K 2016–2025 3.7x
Peter D Ingebrand BOARD MEMBER/PRESIDENT $273K $273K 2016–2016 3.6x
Deborah Gustafson-Senior LENDOR/VICE PRESIDENT $252K $252K 2018–2018 3.4x
Paul Lambert - Secretary SENIOR VICE PRESIDENT $249K $249K 2025–2025 3.3x
Paul Lambert SON-IN-LAW OF BOARD MEMBER $247K $247K 2023–2023 3.3x
Paul Lambert SECRETARY/SENIOR VICE PRESIDENT $235K $233K 2016–2024 3.1x
Michael Kinninger LOAN OFFICER $194K $194K 2024–2025 2.6x
Michael Kinderman LOAN OFFICER $164K $164K 2017–2025 2.2x
Melissa Miller LOAN OFFICER $161K $161K 2016–2025 2.1x
Terrie Orloff LOAN OFFICER $153K $153K 2023–2023 2x
Heidi Pautsch LOAN OFFICER/VP $149K $0 2017–2022 2x
Terrie Ortloff SENIOR LOAN $145K $0 2020–2021 1.9x
Terrie Ortloff Loan Closing OFFICER / ASSISTANT SECRETARY $134K $0 2016–2016 1.8x
Angie Way LOAN OFFICER $132K $0 2018–2018 1.8x
Dennis Welch BOARD MEMBER $6K $0 2016–2025 0.1x
Jim Louwagie BOARD MEMBER/CHAIR $6K $0 2016–2025 0.1x
David Wasmuth BOARD MEMBER $6K $0 2018–2025 0.1x
Dave Wasmuth Board Member TREASURER/VICE CHAIR $6K $0 2016–2017 0.1x
Bruce Halbasch BOARD MEMBER $5K $0 2016–2023 0.1x
Kevin Maas - Board Member TREASURER/SECRETARY $5K $0 2024–2025 0.1x
Kevin Maas BOARD MEMBER/TREASURER $5K $0 2016–2023 0.1x
Royce Nelligan BOARD MEMBER $4K $0 2021–2025 0.1x
Leonard Kirscht BOARD MEMBER $4K $0 2016–2023 0x
Jonathan Dolphin BOARD MEMBER $3K $0 2016–2025 0x
Al Madsen BOARD MEMBER $3K $0 2016–2023 0x
Mark Lautenschlager BOARD MEMBER $3K $0 2016–2018 0x
Bryan Toft BOARD MEMBER $3K $0 2016–2025 0x
Shelley Peterson BOARD MEMBER $3K $0 2022–2025 0x
Carol Maloney BOARD MEMBER $3K $0 2020–2024 0x
Robert Heck BOARD MEMBER $2K $0 2016–2023 0x
Levi Smith BOARD MEMBER $2K $0 2020–2025 0x
Shelley Peterson-Bourland BOARD MEMBER $2K $0 2016–2021 0x
Mike Brass BOARD MEMBER $2K $0 2020–2025 0x
Karla Reyerson BOARD MEMBER $2K $0 2016–2018 0x
Chad Lindgren BOARD MEMBER $2K $0 2017–2018 0x
Brad Benesh BOARD MEMBER $2K $0 2025–2025 0x
Mike Scholl BOARD MEMBER $2K $0 2025–2025 0x
Steve Powell BOARD MEMBER $2K $0 2025–2025 0x

Annual Summary

Year Executives Avg. Comp. Highest Comp. Total Payroll
2016 19 $219K $273K $877K
2017 21 $225K $282K $899K
2018 21 $236K $269K $944K
2019 17 $239K $311K $955K
2020 21 $253K $290K $1.0M
2021 22 $283K $330K $1.1M
2022 22 $271K $365K $1.1M
2023 22 $243K $373K $1.5M
2024 18 $239K $383K $1.7M
2025 20 $240K $331K $1.7M
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