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Filing year 2024

Geo A Hormel Testamentary Trust

Austin, Minnesota·EIN 41-6026834
Total revenue
$98k
Total assets
$1.2M
Total expenses
$0
Reported officers
20

Executive compensation

Form 990-PF · Schedule J · 20 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Director
Unclassified
$2
$2
Director
Unclassified
$2
$2
Director
Unclassified
$2
$2
Director
Unclassified
$2
$2
Director
Unclassified
$2
$2
Director
Unclassified
$2
$2
Director
Unclassified
$2
$2
Director
Unclassified
$2
$2
Director
Unclassified
$2
$2
Director
Unclassified
$2
$2
Director
Unclassified
$2
$2
Chair
Board Chair
Below 10th percentile
$2
$2
Vice Chair
Board Vice Chair
Below 10th percentile
$2
$2
Treasurer
Unclassified
$2
$2
Secretary
Unclassified
$2
$2
Director
Unclassified
$2
$2
Director
Unclassified
$2
$2
Director
Unclassified
$2
$2
Director
Unclassified
$1
$1
Director
Unclassified
$1
$1

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Vice Chair pay held roughly steady from 2023 to 2024, while revenue rose 1906%.

$2 in 2023 to $2 in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Financial trend

Revenue and expenses over time

Geo A Hormel Testamentary Trust reported revenue and expenses across 2 filing years.

RevenueExpenses
$5k
2023
$98k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Geo A Hormel Testamentary Trust

What does the Board Chair of Geo A Hormel Testamentary Trust earn?

In 2024, the Board Chair of Geo A Hormel Testamentary Trust received $2 in total compensation. This pay is in the bottom 10% for Board Chair roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Board Chair pay at Geo A Hormel Testamentary Trust compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Board Chair at Geo A Hormel Testamentary Trust falls in the bottom 10%.

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