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Filing year 2024

OWATONNA FOUNDATION INC

Owatonna, Minnesota·EIN 41-6038547·NTEE B82Z · Education·3
Total revenue
$917k
Total assets
$11.2M
Total expenses
$559k
Reported officers
27
Mission

TO PROVIDE MONEY GRANTS TO NON-PROFIT AGENCIES LOCATED IN STEELE COUNTY TO ACQUIRE PROPERTY & EQUIPMENT AND TO PROVIDE SCHOLARSHIPS TO LOCAL HIGH SCHOOL STUDENTS.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Executive Se
board member
$69k
$74k

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.

Plus 26 unpaid individuals.

Browse compensation in Education

Up 24%
from 2023

From $55k in 2023 to $69k in 2024.

$55k
2023
$69k
2024
In today's dollarsEst.
Up 21% in real terms$61k to $74k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

OWATONNA FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$761k
$479k
2023
$917k
$559k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Minnesota

Comparable education organizations in Minnesota pay their highest-earning executive a median of $90,954.

25th percentile
$36k
Median
$90,954
75th percentile
$152k
90th percentile
$217k

These are education sector-wide figures, not this organization's reported pay. Based on 268 organizations across 268 filings (2022 – 2023).

See full Education pay data for Minnesota
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