Civic Intelligence

The Hormel Foundation

990 • Fiscal year 2024 • EIN 41-0694716

Dec 01, 2023 to Nov 30, 2024 • Filed on Mar 17, 2025

Organization Profilewww.thehormelfoundation.com
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

14th percentile

0.04x

Higher debt load relative to assets than 14% of similar nonprofits.

2024 filings • 501(c)3 • $1B+ nonprofits • Source year 2024

Liabilities / Revenue

76th percentile

1.14x

Higher debt load relative to revenue than 76% of similar nonprofits.

2024 filings • 501(c)3 • $1B+ nonprofits • Source year 2024

Net Margin

76th percentile

17%

Higher net margin than 76% of similar nonprofits.

2024 filings • 501(c)3 • $1B+ nonprofits • Source year 2024

Top Officer Pay

22nd percentile

$844,111

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

2024 filings • 501(c)3 • $1B+ nonprofits • Source year 2024

Asset Growth

58th percentile

8.8%

Faster asset growth than 58% of similar nonprofits.

2024 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2023 to 2024

Revenue Growth

42nd percentile

9.0%

Faster revenue growth than 42% of similar nonprofits.

2024 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets14th percentile

Assets

Up

$1,163,741,723

Up $94,087,512 (+8.8%) from 2023

Net Assets

Up

$1,117,363,423

Up $87,947,507 (+8.5%) from 2023

Liabilities

Up

$46,378,300

Up $6,140,005 (+15%) from 2023

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin76th percentile

Revenue

Up

$40,768,849

Up $3,352,974 (+9.0%) from 2023

Expenses

Up

$33,637,788

Up $4,219,477 (+14%) from 2023

Net Income

Down

$7,131,061

Down $866,503 (-11%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth58th percentile

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

2024

Assets$1,163,741,723
Liabilities$46,378,300
Net Assets$1,117,363,423
Open 2024 Filing

Operations Trend

Revenue Growth42nd percentile

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

2024

Revenue$40,768,849
Expenses$33,637,788
Net Income$7,131,061
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Dec 1, 2023 to Nov 30, 2024
Signed
Mar 17, 2025
Return Version
2023v6.0
Gross Receipts
$43,204,378
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$914,944,783$970,076,719▲ $55,131,936
Investments in Publicly Traded Securities$83,996,574$109,558,184▲ $25,561,610
Savings and Temporary Cash Investments$39,999,367$55,795,777▲ $15,796,410
Land, Buildings, and Equipment, Net$20,734,686$19,467,729▼ $1,266,957
Accounts Receivable$8,529,267$8,753,416▲ $224,149
Pledges and Grants Receivable$1,375,000--
Cash and Non-Interest-Bearing Accounts$74,525$89,889▲ $15,364
Total Assets$1,069,654,211$1,163,741,723▲ $94,087,512
Other Assets Total$9$9→ $0
Liabilities
Grants Payable$40,006,539$46,282,297▲ $6,275,758
Deferred Revenue$165,852$57,000▼ $108,852
Accounts Payable and Accrued Expenses$50,634$23,733▼ $26,901
Other Liabilities$15,270$15,270→ $0
Total Liabilities$40,238,295$46,378,300▲ $6,140,005
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$994,931,717$1,080,804,986▲ $85,873,269
Net Assets With Donor Restrictions$34,484,199$36,558,437▲ $2,074,238
Total Net Assets Fund Balance$1,029,415,916$1,117,363,423▲ $87,947,507
Total Liabilities and Net Assets / Fund Balance$1,069,654,211$1,163,741,723▲ $94,087,512

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$14,801,598$16,981,280$31,782,878
Land$4,408,612-$4,408,612
Equipment$257,519$2,968,486$3,226,005
Other Land Buildings-$449,320$449,320
Other Securities$98,250--
Compensation and Service Providers
Top Officer Pay22nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
R R PavekDirector-$198,315$170,626$204,264
D B BakerDirector-$17,825$117,633$135,458
J L StricklerDirector--$135,224$135,224
K L LinakerDirector-$5,242$121,889$127,131
S Y Salas-RamirezDirector-$10,467$85,041$95,508
R G GentzlerTreasurerPT$94,900-$94,900
M S LankeDirector-$13,825$73,879$87,704
B B RietzVice Chair-$39,675-$39,675
S T Rizzi JrSecretary-$20,275-$20,275
M M KingDirector-$19,075-$19,075
S S DankertAssistant Sec-TreasFT$17,500$5,949$17,500
R J KramerDirector-$16,450-$16,450
J M PageDirector-$15,400$5,949$15,400
N C JandragholicaDirector-$13,825-$13,825
R R ClarkeDirector-$13,825$409,563$13,825
M R CiotaDirector-$10,350$844,111$10,350
J W ErichsonDirector-$7,650-$7,650

Board Members and Trustees

NameTitle
J M EttingerChair/Executive Director
J A WoodardDirector
J P SneeDirector
T J DankertDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$463,471
Program Service Revenue
$0
Investment Income
$38,771,725
Other Revenue
$1,533,653
All Other Contributions
$463,471
Change in Net Assets
$7,131,061
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$32,456,000
Salaries, Compensation, and Employee Benefits$600,930
Other Expenses$580,858
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$32,456,000--$32,456,000
Current Officers, Directors, Trustees, and Key Employees$39,024$445,593-$484,617
Insurance$1,971$154,363-$156,334
Fees for Services Management$47,300$85,583-$132,883
Other Salaries and Wages$21,117$66,869-$87,986
Office Expenses$336$44,604-$44,940
Fees for Services Accounting-$38,474-$38,474
Fees for Services Other$14,704$17,533-$32,237
Fees for Services Legal-$29,641-$29,641
Occupancy$4,331$19,728-$24,059
Information Technology$15,122$7,171-$22,293
Payroll Taxes$3,231$18,520-$21,751
Other Employee Benefits$708$3,228-$3,936
Other Expenses$2,200$2,836-$2,836
Pension Plan Contributions$670$1,970-$2,640
Conferences and Meetings-$2,495-$2,495
Travel-$1,311-$1,311
Advertising-$629-$629
Fees for Service Investment Mgmnt Fees-$500-$500
Total Functional Expenses$32,693,479$944,309$0$33,637,788
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of Minnesota-The Hormel InstituteAustin, MNGovtSupport of Operations$22,064,000
City of AustinAustin, MNGovtCommunity Projects$4,304,583
Riverland Community CollegeAustin, MNGovtScholarships and Educational Programs$1,792,349
Austin Public SchoolsAustin, MNGovtEducational Programs$1,535,155
United Way of Mower CountyAustin, MN501c3Support of various tax-exempt programs$1,203,794
The Salvation ArmyAustin, MN501c3Operations and Programming$287,406
YMCA of AustinAustin, MN501c3Operations and programming$282,265
Cedar Valley ServicesAustin, MN501c3Equipment$245,037
Austin Community Charitable FundAustin, MN501c3Community Projects$209,800
Mayo Clinic Health Systems-Austin campusAustin, MN501c3Community Program and Equipment$154,100
Austin Community Growth VenturesAustin, MN501c3Community Projects$136,280
Parenting Resource CenterAustin, MN501c3Community Programs$37,390
Austin Community Scholarship CommitteeAustin, MN501c3Scholarships$25,000
Austin Area FoundationAustin, MN501c3Community Projects$13,000
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
-Company owner is a board memberOffice RentNo$28,068
-Legal CounselLegal FeesNo$26,304
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$15,000
Undistributable Income - Life Interest$270
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 requres 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 the independent auditors.”

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

“Annually the Compensation Committee reviews compensation for the President/Executive Director, Treasurer and Assistant Secretary/Treasurer. The committtee 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 2024 for compensation effective January 1, 2025.”

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.”

Form 990, Part VI, Section A, Line 1B

“As a supporting organization a majority of our board members come from those supported organizations to have control over the boards decisions. As such, they are not independent directors. Three of the elected directors are also officers so they are not independent directors.”

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
Sheri S Dankert
Title
Treasurer
Phone
5074379800
Signed
2025-03-17
Discuss with paid preparer
Yes

Organization Details

Formed
1941
Legal Domicile
Mn
Voting Board Members
19
Independent Board Members
6
Employees
3
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 stateement effects of a tax position are recognized when the position ismore 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, 2024 and 2023, 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, ther are no audits for any tax periods in progress. The Foundations tax returns are subject to review and examination by federal and state authorities.”

Raw XML AppendixShowing 400 of 1,094 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt050634
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt023733
IRS990/AccountsReceivableGrp/BOYAmt08529267
IRS990/AccountsReceivableGrp/EOYAmt08753416
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To serve as a charitable organization to benefit the Austin community and as a trustee to various family trusts.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0629
IRS990/AdvertisingGrp/TotalAmt0629
IRS990/AllOtherContributionsAmt0463471
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Sheri S Dankert
IRS990/BooksInCareOfDetail/PhoneNum05074379800
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0329 North Main Street Suite 102L
IRS990/BooksInCareOfDetail/USAddress/CityNm0Austin
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0559123478
IRS990/BusinessRlnWith35CtrlEntInd0true
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0true
IRS990/CashNonInterestBearingGrp/BOYAmt074525
IRS990/CashNonInterestBearingGrp/EOYAmt089889
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0445593
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt039024
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0484617
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt02495
IRS990/ConferencesMeetingsGrp/TotalAmt02495
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0463471
IRS990/CYGrantsAndSimilarPaidAmt032456000
IRS990/CYInvestmentIncomeAmt038771725
IRS990/CYOtherExpensesAmt0580858
IRS990/CYOtherRevenueAmt01533653
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt07131061
IRS990/CYSalariesCompEmpBnftPaidAmt0600930
IRS990/CYTotalExpensesAmt033637788
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt040768849
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0165852
IRS990/DeferredRevenueGrp/EOYAmt057000
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0To provide grant funding and assistance to the supported organizations in the Austin, MN area. The Hormel Institute, a world-renowned cancer research center, is the principal recipient of The Hormel Foundations yearly contributions, as established by a 1942 agreement between the Board of Regents of the University of Minnesota and The Hormel Foundation. Education has become the second largest beneficiary of the Foundation through its contributions to Austin Public Schools as well as Riverland Community College.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0true
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt034484199
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt036558437
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt032693479
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt038474
IRS990/FeesForServicesAccountingGrp/TotalAmt038474
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt029641
IRS990/FeesForServicesLegalGrp/TotalAmt029641
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt085583
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt047300
IRS990/FeesForServicesManagementGrp/TotalAmt0132883
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt017533
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt014704
IRS990/FeesForServicesOtherGrp/TotalAmt032237
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt0500
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0500
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt0040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt2040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt3040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt4040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt5040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt6040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt7040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt8040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt5001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt6001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt7001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt8001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt9001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12004.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt16001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt17001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt18001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt19005.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20001.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt033220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt155540
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt249804
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt35949
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt431932
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt550392
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt67871
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt721726
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt821406
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt111230
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
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/PersonNm0M R Ciota
IRS990/Form990PartVIISectionAGrp/PersonNm1R R Clarke
IRS990/Form990PartVIISectionAGrp/PersonNm2J M Page
IRS990/Form990PartVIISectionAGrp/PersonNm3S S Dankert
IRS990/Form990PartVIISectionAGrp/PersonNm4T J Dankert
IRS990/Form990PartVIISectionAGrp/PersonNm5R R Pavek
IRS990/Form990PartVIISectionAGrp/PersonNm6D B Baker
IRS990/Form990PartVIISectionAGrp/PersonNm7J L Strickler
IRS990/Form990PartVIISectionAGrp/PersonNm8K L Linaker
IRS990/Form990PartVIISectionAGrp/PersonNm9S Y Salas-Ramirez
IRS990/Form990PartVIISectionAGrp/PersonNm10R G Gentzler
IRS990/Form990PartVIISectionAGrp/PersonNm11M S Lanke
IRS990/Form990PartVIISectionAGrp/PersonNm12B B Rietz
IRS990/Form990PartVIISectionAGrp/PersonNm13S T Rizzi Jr
IRS990/Form990PartVIISectionAGrp/PersonNm14M M King
IRS990/Form990PartVIISectionAGrp/PersonNm15R J Kramer
IRS990/Form990PartVIISectionAGrp/PersonNm16N C Jandragholica
IRS990/Form990PartVIISectionAGrp/PersonNm17J W Erichson
IRS990/Form990PartVIISectionAGrp/PersonNm18J A Woodard
IRS990/Form990PartVIISectionAGrp/PersonNm19J M Ettinger
IRS990/Form990PartVIISectionAGrp/PersonNm20J P Snee
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110350
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt215400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3198315
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt417500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt513825
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt617825
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt85242
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt910467
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1094900
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1113825
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1239675
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1320275
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1419075
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1516450
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1613825
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt177650
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0810891
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1354023
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2180275
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt4151168
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt5120234
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt6109762
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt7113498
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt8100483
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt985041
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1172649
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
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/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Assistant Sec-Treas
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt13Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Chair/Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01941
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt01112639
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt019
IRS990/GrantsPayableGrp/BOYAmt040006539
IRS990/GrantsPayableGrp/EOYAmt046282297
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt032456000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt032456000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt02000932
IRS990/GrossReceiptsAmt043204378
IRS990/GrossRentsGrp/RealAmt02176997
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt09
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt07171
IRS990/InformationTechnologyGrp/ProgramServicesAmt015122
IRS990/InformationTechnologyGrp/TotalAmt022293
IRS990/InsuranceGrp/ManagementAndGeneralAmt0154363
IRS990/InsuranceGrp/ProgramServicesAmt01971
IRS990/InsuranceGrp/TotalAmt0156334
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt037659086
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt037659086
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0914944783
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0970076719
IRS990/InvestmentsPubTradedSecGrp/BOYAmt083996574
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0109558184
IRS990/IRPDocumentCnt032
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt020399086
IRS990/LandBldgEquipBasisNetGrp/BOYAmt020734686
IRS990/LandBldgEquipBasisNetGrp/EOYAmt019467729
IRS990/LandBldgEquipCostOrOtherBssAmt039866815
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0888293
IRS990/LessRentalExpensesGrp/RealAmt01547236
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 Supported Organizations.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01029415916
IRS990/NetAssetsOrFundBalancesEOYAmt01117363423
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01112639
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01112639
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0629761
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0629761
IRS990/NetUnrlzdGainsLossesInvstAmt080816446
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0994931717
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01080804986
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt019728
IRS990/OccupancyGrp/ProgramServicesAmt04331
IRS990/OccupancyGrp/TotalAmt024059
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt044604
IRS990/OfficeExpensesGrp/ProgramServicesAmt0336
IRS990/OfficeExpensesGrp/TotalAmt044940
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09
IRS990/OtherAssetsTotalGrp/EOYAmt09
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03228
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0708
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03936
IRS990/OtherExpensesGrp/Desc0Real Estate taxes and special assessments
IRS990/OtherExpensesGrp/Desc1Distributions to Special Trusts
IRS990/OtherExpensesGrp/Desc2Dues and subscriptions
IRS990/OtherExpensesGrp/Desc3Bank Fees
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03261
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12836
IRS990/OtherExpensesGrp/ProgramServicesAmt086765
IRS990/OtherExpensesGrp/ProgramServicesAmt12200
IRS990/OtherExpensesGrp/TotalAmt086765
IRS990/OtherExpensesGrp/TotalAmt12200
IRS990/OtherExpensesGrp/TotalAmt23261
IRS990/OtherExpensesGrp/TotalAmt32836
IRS990/OtherLiabilitiesGrp/BOYAmt015270
IRS990/OtherLiabilitiesGrp/EOYAmt015270
IRS990/OtherRevenueMiscGrp/BusinessCd0561000
IRS990/OtherRevenueMiscGrp/BusinessCd1561000
IRS990/OtherRevenueMiscGrp/Desc0Reimburse Admin Expenses from Family Trusts
IRS990/OtherRevenueMiscGrp/Desc1Miscellaneous revenue
IRS990/OtherRevenueMiscGrp/ExclusionAmt0902758
IRS990/OtherRevenueMiscGrp/ExclusionAmt11134
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0902758
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11134
IRS990/OtherRevenueTotalAmt0903892
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt066869
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt021117
IRS990/OtherSalariesAndWagesGrp/TotalAmt087986
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt018520
IRS990/PayrollTaxesGrp/ProgramServicesAmt03231
IRS990/PayrollTaxesGrp/TotalAmt021751
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01970
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0670
IRS990/PensionPlanContributionsGrp/TotalAmt02640
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01375000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Jeffrey M Ettinger
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01200
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt028364605
IRS990/PYInvestmentIncomeAmt035950591
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0471485
IRS990/PYOtherRevenueAmt01464084
IRS990/PYRevenuesLessExpensesAmt07997564
IRS990/PYSalariesCompEmpBnftPaidAmt0582221
IRS990/PYTotalExpensesAmt029418311
IRS990/PYTotalRevenueAmt037415875
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt07131061
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0629761
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,163,741,723
Liabilities
$46,378,300
Net assets
$1,117,363,423
Revenue
$40,768,849
Expenses
$33,637,788
Net income
$7,131,061
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$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
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2024 filings • 501(c)3 • $1B+ nonprofits