Civic Intelligence

The Hormel Foundation

990 • Fiscal year 2021 • EIN 41-0694716

Dec 01, 2020 to Nov 30, 2021 • Filed on Apr 05, 2022

329 North Main Street Suite 102LAustin, MN 55912-3478

(507) 437-9800

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

11th percentile

0.03x

Higher debt load relative to assets than 11% of similar nonprofits.

2021 filings • 501(c)3 • $1B+ nonprofits • Source year 2021

Liabilities / Revenue

29th percentile

0.42x

Higher debt load relative to revenue than 29% of similar nonprofits.

2021 filings • 501(c)3 • $1B+ nonprofits • Source year 2021

Net Margin

92nd percentile

66%

Higher net margin than 92% of similar nonprofits.

2021 filings • 501(c)3 • $1B+ nonprofits • Source year 2021

Top Officer Pay

33rd percentile

$1,093,654

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2021 filings • 501(c)3 • $1B+ nonprofits • Source year 2021

Asset Growth

6th percentile

-5.3%

Faster asset growth than 6% of similar nonprofits.

2021 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2020 to 2021

Revenue Growth

97th percentile

217%

Faster revenue growth than 97% of similar nonprofits.

2021 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2020 to 2021

Assets

Down

$1,383,157,373

Down $76,938,144 (-5.3%) from 2020

Net Assets

Down

$1,344,088,700

Down $87,620,766 (-6.1%) from 2020

Liabilities

Up

$39,068,673

Up $10,682,622 (+38%) from 2020

Revenue

Up

$93,848,142

Up $64,251,353 (+217%) from 2020

Expenses

Up

$32,074,053

Up $13,491,779 (+73%) from 2020

Net Income

Up

$61,774,089

Up $50,759,574 (+461%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0B$1.5B$1.0B$500M$0Assets 2011: $442,369,518Liabilities 2011: $21,858,730Net Assets 2011: $420,510,7882011Assets 2012: $499,633,921Liabilities 2012: $15,864,696Net Assets 2012: $483,769,2252012Assets 2013: $703,706,545Liabilities 2013: $37,586,311Net Assets 2013: $666,120,2342013Assets 2014: $820,324,598Liabilities 2014: $47,137,885Net Assets 2014: $773,186,7132014Assets 2015: $1,112,791,126Liabilities 2015: $34,386,391Net Assets 2015: $1,078,404,7352015Assets 2016: $1,017,274,067Liabilities 2016: $46,255,651Net Assets 2016: $971,018,4162016Assets 2017: $1,089,311,204Liabilities 2017: $45,917,289Net Assets 2017: $1,043,393,9152017Assets 2018: $1,334,608,656Liabilities 2018: $52,509,336Net Assets 2018: $1,282,099,3202018Assets 2019: $1,367,471,084Liabilities 2019: $31,303,161Net Assets 2019: $1,336,167,9232019Assets 2020: $1,460,095,517Liabilities 2020: $28,386,051Net Assets 2020: $1,431,709,4662020Assets 2021: $1,383,157,373Liabilities 2021: $39,068,673Net Assets 2021: $1,344,088,7002021Assets 2022: $1,540,722,314Liabilities 2022: $37,475,201Net Assets 2022: $1,503,247,1132022Assets 2023: $1,069,654,211Liabilities 2023: $40,238,295Net Assets 2023: $1,029,415,9162023Assets 2024: $1,163,741,723Liabilities 2024: $46,378,300Net Assets 2024: $1,117,363,4232024

Highlighted filing

2021

Assets$1,383,157,373
Liabilities$39,068,673
Net Assets$1,344,088,700

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100M$50M$0-$50MRevenue 2011: $9,606,923Expenses 2011: $10,506,578Net Income 2011: -$899,6552011Revenue 2012: $57,871,541Expenses 2012: $9,514,313Net Income 2012: $48,357,2282012Revenue 2013: $13,187,207Expenses 2013: $32,679,356Net Income 2013: -$19,492,1492013Revenue 2014: $18,816,823Expenses 2014: $25,109,482Net Income 2014: -$6,292,6592014Revenue 2015: $44,596,803Expenses 2015: $19,573,247Net Income 2015: $25,023,5562015Revenue 2016: $21,715,069Expenses 2016: $39,489,938Net Income 2016: -$17,774,8692016Revenue 2017: $27,304,605Expenses 2017: $16,753,321Net Income 2017: $10,551,2842017Revenue 2018: $25,370,690Expenses 2018: $26,467,945Net Income 2018: -$1,097,2552018Revenue 2019: $76,811,912Expenses 2019: $21,094,632Net Income 2019: $55,717,2802019Revenue 2020: $29,596,789Expenses 2020: $18,582,274Net Income 2020: $11,014,5152020Revenue 2021: $93,848,142Expenses 2021: $32,074,053Net Income 2021: $61,774,0892021Revenue 2022: $34,366,937Expenses 2022: $28,627,138Net Income 2022: $5,739,7992022Revenue 2023: $37,415,875Expenses 2023: $29,418,311Net Income 2023: $7,997,5642023Revenue 2024: $40,768,849Expenses 2024: $33,637,788Net Income 2024: $7,131,0612024

Highlighted filing

2021

Revenue$93,848,142
Expenses$32,074,053
Net Income$61,774,089
Jump To
Filing Snapshot
Filing Period
Dec 1, 2020 to Nov 30, 2021
Signed
Apr 5, 2022
Return Version
2020v4.2
Gross Receipts
$95,540,433
Mission and Program Overview

Mission

Is operated for the benefit of, and to assist in performing the functions and in carrying out the purpose of the Supported Organizations.

To serve as a charitable organization to benefit the Austin community and as a trustee to various family trusts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$1,355,344,517$1,189,303,081▼ $166,041,436
Investments in Publicly Traded Securities$63,610,224$81,292,505▲ $17,682,281
Accounts Receivable$7,109,862$62,545,681▲ $55,435,819
Land, Buildings, and Equipment, Net$24,389,471$23,310,486▼ $1,078,985
Savings and Temporary Cash Investments$8,203,111$21,984,488▲ $13,781,377
Pledges and Grants Receivable$9,600$4,009,600▲ $4,000,000
Other Notes and Loans Receivable, Net$1,058,123$635,815▼ $422,308
Cash and Non-Interest-Bearing Accounts$370,599$75,708▼ $294,891
Total Assets$1,460,095,517$1,383,157,373▼ $76,938,144
Other Assets Total$10$9▼ $1
Liabilities
Grants Payable$27,260,679$38,349,865▲ $11,089,186
Unsecured Notes Loans Payable$1,057,295$635,314▼ $421,981
Accounts Payable and Accrued Expenses$52,987$68,404▲ $15,417
Other Liabilities$15,090$15,090→ $0
Total Liabilities$28,386,051$39,068,673▲ $10,682,622
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,378,523,310$1,297,418,356▼ $81,104,954
Net Assets With Donor Restrictions$53,186,156$46,670,344▼ $6,515,812
Total Net Assets Fund Balance$1,431,709,466$1,344,088,700▼ $87,620,766
Total Liabilities and Net Assets / Fund Balance$1,460,095,517$1,383,157,373▼ $76,938,144

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$18,295,025$13,487,853$31,782,878
Land$4,292,250-$4,292,250
Equipment$708,733$2,533,242$3,241,975
Other Land Buildings$14,478$434,843$449,321
Other Securities$9,752--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
R R PavekDirector-$168,000$171,113$173,040
R R ClarkeDirector-$3,000$139,273$142,273
A M BodeDirector-Former-$120,650$216,370$120,650
D B BakerDirector-$12,575$92,500$105,075
G J Alvarado-GuerreroDirector-$12,575$83,764$96,339
R G GentzlerTreasurerPT$81,625-$81,625
M S LankeDirector-$12,575$63,083$75,658
J L StricklerDirector--$56,130$56,130
S T Rizzi JrSecretary-$21,325-$21,325
B B RietzVice Chair-$19,225-$19,225
M M KingDirector-$17,325-$17,325
M R CiotaDirector-$15,900$1,093,654$15,900
R J KramerDirector-$14,950-$14,950
C W JohnsonDirector-$13,275-$13,275
T J DankertDirector-$13,050$164,682$13,050
A O AtewologunDirector-$11,725$5,040$11,725
D M KrenzDirector-Part Year-$11,625$223,835$11,625
L J PfeilDirector-$11,350-$11,350

Board Members and Trustees

NameTitle
J M EttingerChair/Executive Director
J M PageDirector
JP SneeDirector
S S DankertAssistant Sec-Treas

Highest Paid Contractors

ContractorServicesLocationCompensation
Adams Rizzi & Sween PALegal300 1st St NW, Austin, MN 55912$110,387
Revenue and Support

Revenue Composition

Contributions and Grants
$62,695,118
Program Service Revenue
$0
Investment Income
$29,918,489
Other Revenue
$1,234,535
All Other Contributions
$62,695,118
Change in Net Assets
$61,774,089

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$54,405,120fair market value
Total Noncash Contributions1$54,405,120-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$31,084,709
Salaries, Compensation, and Employee Benefits$532,228
Other Expenses$457,116
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$31,084,709--$31,084,709
Current Officers, Directors, Trustees, and Key Employees$39,478$393,887-$433,365
Insurance$1,862$134,114-$135,976
Other Salaries and Wages$18,404$58,279-$76,683
Fees for Services Management$12,036$62,500-$74,536
Fees for Services Legal-$74,269-$74,269
Fees for Services Other$51,826$6,316-$58,143
Information Technology$11,190$18,021-$29,211
Fees for Services Accounting-$28,837-$28,837
Occupancy$4,336$19,612-$23,948
Payroll Taxes$2,776$14,493-$17,269
Office Expenses$400$7,422-$7,822
Interest-$6,141-$6,141
Other Employee Benefits$470$2,141-$2,611
Pension Plan Contributions$552$1,748-$2,300
Other Expenses$2,200$1,497-$1,497
Travel-$989-$989
Conferences and Meetings-$839-$839
Advertising-$629-$629
Fees for Service Investment Mgmnt Fees-$500-$500
Total Functional Expenses$31,239,005$835,047$0$32,074,053
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of Minnesota-The Hormel InstituteAustin, MNState of MNSupport of Operations$19,928,713
Parenting Resource CenterAustin, MN501c3Community Programs$4,220,500
Riverland Community CollegeAustin, MNState of MNScholarships and Educational Programs$1,847,850
Austin Public SchoolsAustin, MNIsd 492Educational Programs$1,685,450
United Way of Mower CountyAustin, MN501c3Support of various tax-exempt programs$963,727
City of AustinAustin, MNCity of AustinCommunity Projects$732,899
Austin Community Charitable FundAustin, MN501c3Community Projects$644,172
YMCA of AustinAustin, MN501c3Operations and programming$272,534
The Salvation ArmyAustin, MN501c3Operations and Programming$245,198
Cedar Valley ServicesAustin, MN501c3Equipment$205,427
Mayo Clinic Health Systems-Austin campusAustin, MN501c3Community Program and Equipment$166,274
Austin Area FoundationAustin, MN501c3Community Projects$85,000
Austin Community Growth VenturesAustin, MN501c3Community Projects$53,200
Austin Community Scholarship CommitteeAustin, MN501c3Scholarships$25,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Legal CounselLegal FeesNo$71,971
-company owner is a board memberOffice RentNo$23,948
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$15,000
Undistributable Income - Life Interest$90
Federal Tax Withholding-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Tom Dankert and Sheri Dankert - family relationship

Form 990, Part VI, Section B, Line 11B

The Form 990 is prepared internally and reviewed by the organizations public accounting firm. The return is then reviewed by the Finance Committee and presented to the Board of Directors prior to filing.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy covers all board members and is reviewed annually with Board members and they are annually also required to disclose any conflicts and sign a form disclosing any conflicts. The signed forms are kept on file by the Assistant Secretary/Treasurer. At the start of each board meeting, members are requested to declare any conflicts. The chair of the board determines if such conflict requires said member to be excused from the meeting during the discussion and voting on the topic of conflict or if it only requires an abstention from voting. All such actions are documented in the board minutes.

Form 990, Part VI, Section C, Line 19

All governing documents, conflict of interest policy and the audited financial statements are available upon request.

Form 990, Part VII, Section XII, Line 2C

The Finance Committee is responsible for oversight of the audit, review of the financial statements and selection of independent auditors.

Form 990, Part VI, Section B, Line 15A/B

Annually the Compensation Committee reviews compensation for the Board Chair as that position is also acting as an Executive Director, Treasurer and Assistant Secretary/Treasurer. The committee uses national salary surveys to complete its review. Their review is documented in committee minutes and the results of their review are shared with board members at a board meeting where the results are discussed and annual compensation amounts are voted on by the board. The last review was in November 2021 for compensation effective January 1, 2022

Form 990, Part VI, Section A, Line 8B

The Executive Committee has the authority to act on behalf of the Board of Directors when given that authority in between board meetings. The details of the Executive Committee meetings are documented in their committee minutes which are shared with each board member.

Filing and Contact Details

Filer

Filer Name
The Hormel Foundation
EIN
41-0694716
Phone
5074379800
Address
329 North Main Street Suite 102L, Austin, MN 55912-3478

Signing Officer

Name
Roland G Gentzler
Title
Treasurer
Signed
2022-04-05
Discuss with paid preparer
Yes

Organization Details

Formed
1941
Legal Domicile
Mn
Voting Board Members
19
Independent Board Members
9
Employees
2
Volunteers
2

Preparer

Firm
CliftonLarsonAllen LLP
Address
2689 Commerce Drive NW Suite 201, Rochester, MN 55901
Preparer
Katherine Lutzke
Phone
5072802300
Supplemental Narrative

Financial Statement Notes

X 2

The Foundation is exempt from federal income taxes as a public foundation under Section 501c3 of the Internal Revenue Code. Accounting principles generally accepted in the United States of America require management to evaluate uncertain tax positions taken by the Foundation. The financial statement effects of a tax position are recognized when the position is moe likely than not, based on the technical merits, to be sustained upon examination by the Internal Revenue Service. Management has analyzed the tax positions taken by the Foundation and has concluded that as of November 30, 2021 and 2020, there are no uncertain positions taken or expected to be taken. The Foundation has recognized no interest or penalties related to uncertain tax positions. The Foundation is subject to routine audits by taxing jurisdictions however, there are no audits for any taxperiods in progress. The Foundations tax returns are subject to review and examination by federal and state authorities.

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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130806
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt247359
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt346860
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt446653
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt523361
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt65040
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt715866
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt85980
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt92498
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1223139
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/PersonNm0M R Ciota
IRS990/Form990PartVIISectionAGrp/PersonNm1A M Bode
IRS990/Form990PartVIISectionAGrp/PersonNm2A O Atewologun
IRS990/Form990PartVIISectionAGrp/PersonNm3D M Krenz
IRS990/Form990PartVIISectionAGrp/PersonNm4R R Pavek
IRS990/Form990PartVIISectionAGrp/PersonNm5T J Dankert
IRS990/Form990PartVIISectionAGrp/PersonNm6S S Dankert
IRS990/Form990PartVIISectionAGrp/PersonNm7R R Clarke
IRS990/Form990PartVIISectionAGrp/PersonNm8D B Baker
IRS990/Form990PartVIISectionAGrp/PersonNm9G J Alvarado-Guerrero
IRS990/Form990PartVIISectionAGrp/PersonNm10R G Gentzler
IRS990/Form990PartVIISectionAGrp/PersonNm11M S Lanke
IRS990/Form990PartVIISectionAGrp/PersonNm12J L Strickler
IRS990/Form990PartVIISectionAGrp/PersonNm13S T Rizzi Jr
IRS990/Form990PartVIISectionAGrp/PersonNm14B B Rietz
IRS990/Form990PartVIISectionAGrp/PersonNm15M M King
IRS990/Form990PartVIISectionAGrp/PersonNm16R J Kramer
IRS990/Form990PartVIISectionAGrp/PersonNm17C W Johnson
IRS990/Form990PartVIISectionAGrp/PersonNm18L J Pfeil
IRS990/Form990PartVIISectionAGrp/PersonNm19J M Ettinger
IRS990/Form990PartVIISectionAGrp/PersonNm20JP Snee
IRS990/Form990PartVIISectionAGrp/PersonNm21J M Page
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1120650
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt211725
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt313050
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt411625
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt515900
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6168000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt73000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt812575
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt912575
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1081625
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1112575
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1321325
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1811350
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0918346
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1185564
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2244873
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3176975
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt4124460
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt5141321
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt7123407
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt886520
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt981266
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1163083
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1232991
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director-Former
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director-Part Year
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Assistant Sec-Treas
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt14Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Chair/Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director
IRS990/Form990PartVIISectionAGrp/TitleTxt21Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01941
IRS990/FormerOfcrEmployeesListedInd0true
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt019
IRS990/GrantAmt031084709
IRS990/GrantsPayableGrp/BOYAmt027260679
IRS990/GrantsPayableGrp/EOYAmt038349865
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt031084709
IRS990/GrantsToDomesticOrgsGrp/TotalAmt031084709
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt095540433
IRS990/GrossRentsGrp/RealAmt02127563
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt018021
IRS990/InformationTechnologyGrp/ProgramServicesAmt011190
IRS990/InformationTechnologyGrp/TotalAmt029211
IRS990/InsuranceGrp/ManagementAndGeneralAmt0134114
IRS990/InsuranceGrp/ProgramServicesAmt01862
IRS990/InsuranceGrp/TotalAmt0135976
IRS990/InterestGrp/ManagementAndGeneralAmt06141
IRS990/InterestGrp/TotalAmt06141
IRS990/InvestmentIncomeGrp/ExclusionAmt029917489
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt029918489
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01355344517
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01189303081
IRS990/InvestmentsPubTradedSecGrp/BOYAmt063610224
IRS990/InvestmentsPubTradedSecGrp/EOYAmt081292505
IRS990/IRPDocumentCnt029
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt016455938
IRS990/LandBldgEquipBasisNetGrp/BOYAmt024389471
IRS990/LandBldgEquipBasisNetGrp/EOYAmt023310486
IRS990/LandBldgEquipCostOrOtherBssAmt039766424
IRS990/LegalDomicileStateCd0MN
IRS990/LessRentalExpensesGrp/RealAmt01692291
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Is operated for the benefit of, and to assist in performing the functions and in carrying out the purpose of the Qualified Organizations.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01431709466
IRS990/NetAssetsOrFundBalancesEOYAmt01344088700
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0435272
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0435272
IRS990/NetUnrlzdGainsLossesInvstAmt0-149394855
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01378523310
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01297418356
IRS990/NoncashContributionsAmt054405120
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt019612
IRS990/OccupancyGrp/ProgramServicesAmt04336
IRS990/OccupancyGrp/TotalAmt023948
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07422
IRS990/OfficeExpensesGrp/ProgramServicesAmt0400
IRS990/OfficeExpensesGrp/TotalAmt07822
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt010
IRS990/OtherAssetsTotalGrp/EOYAmt09
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02141
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0470
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02611
IRS990/OtherExpensesGrp/Desc0Real Estate taxes
IRS990/OtherExpensesGrp/Desc1Distributions to Special Trusts
IRS990/OtherExpensesGrp/Desc2Dues and subscriptions
IRS990/OtherExpensesGrp/Desc3Bank Fees
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02813
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11497
IRS990/OtherExpensesGrp/ProgramServicesAmt08766
IRS990/OtherExpensesGrp/ProgramServicesAmt12200
IRS990/OtherExpensesGrp/TotalAmt08766
IRS990/OtherExpensesGrp/TotalAmt12200
IRS990/OtherExpensesGrp/TotalAmt22813
IRS990/OtherExpensesGrp/TotalAmt31497
IRS990/OtherLiabilitiesGrp/BOYAmt015090
IRS990/OtherLiabilitiesGrp/EOYAmt015090
IRS990/OtherRevenueMiscGrp/BusinessCd0561000
IRS990/OtherRevenueMiscGrp/BusinessCd1561000
IRS990/OtherRevenueMiscGrp/Desc0Reimburse Admin Expenses from Family Trusts
IRS990/OtherRevenueMiscGrp/Desc1Miscellaneous revenue
IRS990/OtherRevenueMiscGrp/ExclusionAmt0798665
IRS990/OtherRevenueMiscGrp/ExclusionAmt1598
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0798665
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1598
IRS990/OtherRevenueTotalAmt0799263
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt058279
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt018404
IRS990/OtherSalariesAndWagesGrp/TotalAmt076683
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01058123
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0635815
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt014493
IRS990/PayrollTaxesGrp/ProgramServicesAmt02776
IRS990/PayrollTaxesGrp/TotalAmt017269
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01748
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0552
IRS990/PensionPlanContributionsGrp/TotalAmt02300
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt09600
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt04009600
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Jeffrey M Ettinger
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01820
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt017432841

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,164$46.4$1,117$40.8$33.6$7.13
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,070$40.2$1,029$37.4$29.4$8.00
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,541$37.5$1,503$34.4$28.6$5.74
2021Detailed filing. Detailed filing data is available for this year.$1,383$39.1$1,344$93.8$32.1$61.8
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,460$28.4$1,432$29.6$18.6$11.0
2019Summary only. Only limited summary data is available for this year.$1,367$31.3$1,336$76.8$21.1$55.7
2018Summary only. Only limited summary data is available for this year.$1,335$52.5$1,282$25.4$26.5$1.10
2017Summary only. Only limited summary data is available for this year.$1,089$45.9$1,043$27.3$16.8$10.6
2016Summary only. Only limited summary data is available for this year.$1,017$46.3$971$21.7$39.5$17.8
2015Summary only. Only limited summary data is available for this year.$1,113$34.4$1,078$44.6$19.6$25.0
2014Summary only. Only limited summary data is available for this year.$820$47.1$773$18.8$25.1$6.29
2013Summary only. Only limited summary data is available for this year.$704$37.6$666$13.2$32.7$19.5
2012Summary only. Only limited summary data is available for this year.$500$15.9$484$57.9$9.51$48.4
2011Summary only. Only limited summary data is available for this year.$442$21.9$421$9.61$10.5$0.90