Presentation on demographics of the members of the Economic Development

Association of Minnesota

June 22, 2007

EDAM Total Membership

400

420

440

460

480

500

520

540

1 2 3 4 5

Series1

2002 2003 2004 2005 2006

518

497508 507

493

EDAM Members – State View

Green Triangle Represents EDAM Members

Potential Members – State View

•Red Triangle Represents Potential EDAM Members with Cities

•Blue Triangle Represents Potential EDAM Members with Counties

EDAM Organizational Membership Public V. Private

Public Private

44% Private 56% Public

EDAM Members Metro and Greater MN

Greater Minnesota 48% 7 County Metro 52%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

35.0%

1950-1960 1961-1970 1971-1980 1981-1990 1991-1995 1996-2000 Since 2001

Series1

EDAM Individual MembersWhen They Started in the Economic Development Profession

EDAM Organizational MembersAverage Number of Employees by Percent

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

35.0%

40.0%

1 to 5 6 to 10 10 to 50 51 to 100 101 to 250 250+

Ser ies1

EDAM Organizational Membership Percentage by Type of Organization

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

Series1

0

0.05

0.1

0.15

0.2

0.25

0.3

0.35

pr e-1940 1941–1950 1951–1960 1961–1970 1971–1980 1981–1990

Ser ies1

EDAM Individual Members – Year Born

Summary Graphs from IEDC Salary Survey

National data compared to Minnesota

Highest Degree Earned

0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50%

no answer

High School Diploma

Associate's Degree

Bachelor's Degree

Master's Degree

Law Degree

Doctorate

MN

National

Average Base Annual Salary of 10 Midwestern States

$0 $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 $90,000

Illinois

Iowa

Minnesota

North Dakota

South Dakota

Average Annual Base Salary

0% 5% 10% 15% 20% 25% 30%

< $30,000

$30,000 - $39,999

$40,000 - $49,999

$50,000 - $59,999

$60,000 - $74,999

$75,000 - $99,999

$100,000 - $124,999

$125,000 - $149,999

> $150,000 MN

National

Base Salary Based on Position

0% 5% 10% 15% 20% 25% 30% 35% 40%

< $30,000

$40,000 - $49,999

$60,000 - $74,999

$100,000 - $124,999

> $150,000

Entry-Level

Program Mgr

VP/Div. MGR

CEO/EXEC.

Salary vs. Population

0% 5% 10% 15% 20% 25% 30% 35%

<50K

50K - 99K

100K - 249K

250K - 999K

1 million +

Po

pu

lati

on

Ju

risd

icti

on

> $150,000

$125,000 - $149,999

$100,000 - $124,999

$75,000 - $99,999

$60,000 - $74,999

$50,000 - $59,999

$40,000 - $49,999

$30,000 - $39,999

< $30,000

Salary vs. Operating Budget

0% 10% 20% 30% 40% 50% 60%

< $30,000

$30,000 - $39,999

$40,000 - $49,999

$50,000 - $59,999

$60,000 - $74,999

$75,000 - $99,999

$100,000 - $124,999

$125,000 - $149,999

> $150,000

Sal

ary

$2.5 mil +

$1mil-$2.49mil

$500K-$999K

$250K-$499K

<$250k

Base Salary on Years Experience in Economic Development

$0 $20,000 $40,000 $60,000 $80,000 $100,000 $120,000

Years Expereince

< 1 year

1 to 2 years

3 to 4 years

5 to 9 years

10 to 14 years

15 to 19 years

20 to 24 years

25 to 29 years

≥ 30 years

Economic Development Operating Budget

0% 5% 10% 15% 20% 25%

< $50,000

$100,000 - $249,999

$500,000 - $749,999

$1 million - $2.49 million

$5 million - $9.99 million MN

National

Median: $358K

Base: 127 respondents

Personal Profile -- Age

0% 5% 10% 15% 20% 25% 30%

Under 25

25-29

30-34

35-39

40-44

45-49

50-54

55-59

60-64

65 +

National

MN

Median: 48 years

Median 45 years

Base: 138 respondents