SOUTHERN MINNESOTA INITIATIVE FOUNDATION
EIN: 36-3454285Owatonna, MNZIP: 55060
S300 - Community Improvement & Capacity Building501(c)(3)
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.
Financials
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2023 | $8.4M | $0 | $75.9M |
| 2022 | $5.9M | $0 | $69.7M |
Compensation
2023
2022
Similar Organizations
360 Communities
$8.5M revenueBurnsville, MN
Similar sector (S)Very similar revenue ($8.5M vs $8.4M)Same state (Minnesota)Similar median compensation ($134k vs $148k)
COMMUNITY ACTION PARTNERSHIP OF HENNEPIN
$7.6M revenueBrooklyn Park, MN
Similar sector (S)Very similar revenue ($7.6M vs $8.4M)Same state (Minnesota)Similar median compensation ($141k vs $148k)
MINNESOTA CONTINUING LEGAL EDUCATION
$6.6M revenueMinneapolis, MN
Similar sector (S)Similar revenue ($6.6M vs $8.4M)Same state (Minnesota)Similar median compensation ($157k vs $148k)
INITIATIVE FOUNDATION
$10M revenueLittle Falls, MN
Similar sector (S)Similar revenue ($10M vs $8.4M)Same state (Minnesota)Similar median compensation ($153k vs $148k)
MINNEAPOLIS SAINT PAUL REGIONAL ECONOMIC
$8M revenueSaint Paul, MN
Similar sector (S)Very similar revenue ($8M vs $8.4M)Same state (Minnesota)
SEARCH INSTITUTE
$4.2M revenueMinneapolis, MN
Similar sector (S)Comparable revenue ($4.2M vs $8.4M)Same state (Minnesota)Similar median compensation ($143k vs $148k)
NORTHSIDE ECONOMIC OPPORTUNITY NETWORK
$5.9M revenueMinneapolis, MN
Similar sector (S)Comparable revenue ($5.9M vs $8.4M)Same state (Minnesota)Similar median compensation ($161k vs $148k)
MINNESOTA SELF-INSURER'S SECURITY FUND
$9.9M revenueSt Paul, MN
Similar sector (S)Similar revenue ($9.9M vs $8.4M)Same state (Minnesota)
MERCHANT ADVISORY GROUP
$7.2M revenueMinneapolis, MN
Similar sector (S)Similar revenue ($7.2M vs $8.4M)Same state (Minnesota)
MINNESOTA HOSPITAL ASSOCIATION
$10.1M revenueSaint Paul, MN
Similar sector (S)Similar revenue ($10.1M vs $8.4M)Same state (Minnesota)
Data from IRS Form 990 filings (2022-2023).