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GREATER FARGO MOORHEAD ECONOMIC DEVELOPMENT CORPORATION
GREATER FARGO MOORHEAD ECONOMIC DEVELOPMENT CORPORATION
ND · Community Development · EIN 456011769
4
Executives Disclosed
$3.4M
Annual Revenue
$1.9M
Total Assets
2:1
Internal Pay Ratio
GREATER FARGO MOORHEAD ECONOMIC DEVELOPMENT CORPORATION has 4 executives with disclosed compensation. The highest-paid executive, Joseph Raso (PRESIDENT/CEO), received peak total compensation of $329,307. The sector average for Community Development executives is $172K.
Top Executive Compensation Over Time
Executive Compensation
| Name | Title | Peak Comp. | Latest Comp. | Years | vs. Household |
|---|---|---|---|---|---|
| Joseph Raso | PRESIDENT/CEO | $329K | $329K | 2018–2024 | 4.4x |
| James P Gartin | PRESIDENT (RESIGNED) | $249K | $0 | 2016–2018 | 3.3x |
| Ryan Aasheim | CHIEF BUSINESS DEVELOPMENT | $169K | $169K | 2022–2024 | 2.2x |
| John MacHacek | CHIEF INNOVATION OFFICER | $135K | $0 | 2022–2024 | 1.8x |
Annual Summary
| Year | Executives | Avg. Comp. | Highest Comp. | Total Payroll |
|---|---|---|---|---|
| 2016 | 1 | $242K | $242K | $242K |
| 2017 | 1 | $249K | $249K | $249K |
| 2018 | 2 | $0 | $0 | $0 |
| 2019 | 1 | $240K | $240K | $240K |
| 2020 | 1 | $266K | $266K | $266K |
| 2021 | 1 | $275K | $275K | $275K |
| 2022 | 3 | $319K | $319K | $319K |
| 2023 | 3 | $220K | $276K | $439K |
| 2024 | 3 | $249K | $329K | $498K |
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