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Filing year 2024

RIDGEWATER COLLEGE FOUNDATION

Willmar, Minnesota·EIN 41-1847315·NTEE B82B · Education·501(c)(3)
Total revenue
$1.4M
Total assets
$4.6M
Total expenses
$1.2M
Reported officers
12
Mission

TO EXPAND EDUCATIONAL OPPORTUNITIES AND ENHANCE ACADEMIC EXCELLENCE AT RIDGEWATER COLLEGE BY PROVIDING FINANCIAL AND COMMUNITY SUPPORT. THE FOUNDATION ACCOMPLISHES ITS MISSION THROUGH ITS ANNUAL AND CAPITAL FUNDRAISING CAMPAIGNS, WHICH RAISE FUNDS FOR SCHOLARSHIPS FOR STUDENTS, AND PROGRAM SUPPORT FOR COLLEGE DEPARTMENTS AND PROGRAMS.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Foundation M
Officer (Unspecified)
$36k
$39k

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 11 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at RIDGEWATER COLLEGE FOUNDATION equaled 3% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
3%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Climbed 16%
over 2 years

From $31k in 2022 to $36k in 2024.

$31k
2022
$32k
2023
$36k
2024
In today's dollarsEst.
Up 9% in real terms$36k to $39k

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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about RIDGEWATER COLLEGE FOUNDATION

What are RIDGEWATER COLLEGE FOUNDATION's revenue and expenses?

In 2024, RIDGEWATER COLLEGE FOUNDATION reported $1.4M in total revenue and $1.2M in total expenses on its IRS Form 990.

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