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Filing year 2023

SOUTHWEST INITIATIVE FOUNDATION

Hutchinson, Minnesota·EIN 41-1555592·NTEE S400 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$11.6M
Total assets
$114.6M
Total expenses
$10.1M
Reported officers
12

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.

President
75th to 90th percentilevs Community Improvement & Capacity Building peers in Minnesota
$175k
$194k
Base
$145k
Bonus
$286
Other
$1k
Benefits
$20k
CFO
Median to 75th percentile
$138k
$152k
Vice President
Median to 75th percentile
$137k
$151k

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 9 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at SOUTHWEST INITIATIVE FOUNDATION equaled 2% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
2%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building 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.

Down 15%
from 2022

From $205k in 2022 to $175k in 2023.

$205k
2022
$175k
2023
In today's dollarsEst.
Down 18% in real terms$235k to $194k

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

Chief Executive Officer pay rose 22% from 2022 to 2023, while revenue fell 12%.

$144k in 2022 to $175k in 2023.
  • Chief Financial Officer pay rose 2% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 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.

FAQ

Common questions about SOUTHWEST INITIATIVE FOUNDATION

What does the Chief Executive Officer of SOUTHWEST INITIATIVE FOUNDATION earn?

In 2023, the Chief Executive Officer of SOUTHWEST INITIATIVE FOUNDATION received $175,252 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Minnesota, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at SOUTHWEST INITIATIVE FOUNDATION compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Minnesota, the 2023 pay of the Chief Executive Officer at SOUTHWEST INITIATIVE FOUNDATION falls between the 75th and 90th percentiles. In 2023, the highest total compensation at SOUTHWEST INITIATIVE FOUNDATION equaled 2% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are SOUTHWEST INITIATIVE FOUNDATION's revenue and expenses?

In 2023, SOUTHWEST INITIATIVE FOUNDATION reported $11.6M in total revenue and $10.1M in total expenses on its IRS Form 990.

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