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Filing year 2023

SOUTHERN MINNESOTA INITIATIVE FOUNDATION

Owatonna, Minnesota·EIN 36-3454285·NTEE S300 · Community Improvement & Capacity Building·3
Total revenue
$8.4M
Total assets
$75.9M
Total expenses
$0
Reported officers
19
Mission

SOUTHERN MINNESOTA INITIATIVE FOUNDATION IS A REGIONAL DEVELOPMENT AND PHILANTHROPIC ORGANIZATION THAT FOSTERS ECONOMIC AND COMMUNITY VITALITY IN 20 COUNTIES OF SOUTHERN MINNESOTA THROUGH A CULTURE OF COLLABORATION AND PARTNERSHIP, WITH A FOCUS ON ENTREPRENEURS AND EARLY CHILDHOOD DEVELOPMENT.

Executive compensation, broken down

Form 990 · Schedule J · 4 reported individuals · Filing year 2023

Base salaryBonusOther compensationBenefits
Base salaryBonusOther compensationBenefitsExecutive compensation
$206k
VP of Economic Development
vice president
$152k
Vice President/cfo
$149k
VP of Early Childhood
vice president
$122k

Plus 15 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Up 2%
from 2022

From $203k in 2022 to $206k in 2023.

$203k
2022
$206k
2023
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.

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