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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Employees Initiative Foundation Matt Varilek

Matt Varilek

Former

Former President at Initiative Foundation

Fiscal year ended December 31, 2023. Published on January 25, 2026.

$152,598
2023

Total compensation

Matt Varilek has been listed as an employee of Initiative Foundation in Form 990 filings since fiscal year 2017. Total compensation for Matt Varilek has decreased by 22.8% from 2017 to 2023.

Annual compensation details

$152,598
-35%
Former President
2023
$135k
40 hrs/wk
$19k
--
$234,722
+2.7%
President
2022
$203k
40 hrs/wk
$33k
--
$228,485
-0.3%
President
2021
$199k
40 hrs/wk
$31k
--
$229,084
+8.3%
President
2020
$200k
40 hrs/wk
$30k
--
$211,616
+3.6%
President
2019
$182k
40 hrs/wk
$30k
--
$204,286
+3.4%
President
2018
$177k
40 hrs/wk
$28k
--
$197,624
President
2017
$172k
40 hrs/wk
$27k
--

Total compensation by year

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Revisions to this profile

January 25, 2026:
2023 Initiative Foundation 990 published
January 25, 2026:
2022 Initiative Foundation 990 published
January 25, 2026:
2021 Initiative Foundation 990 published

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2023

Other employees at Initiative Foundation

Lynn Bushinger
Coo/Cfo/Treasurer (Former)
$253,592
$205,443 No related comp$48,149
Don Hickman
Vice President for Communi
$169,512
$145,945 No related comp$23,567
Brian Voerding
President
$133,038
$109,471 No related comp$23,567
Michele Miller
Chief Financial Officer
$130,736
$102,859 No related comp$27,877

Other people named Matt Varilek

2023
Board Member
Matt Varilek
St Cloud State University Foundation Inc.
$0
Board Member
Matt Varilek
Greater St Cloud Development Corporation
$0