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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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Organizations Philanthropy, Voluntarism & Grantmaking Magnifi Financial Foundation

Magnifi Financial Foundation

Fiscal year ending 2024. Filed on November 13, 2025.

20 4th Ave SE
Melrose, Minnesota 56352

Magnifi Financial Foundation (EIN: 61-1690771) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Magnifi Financial Foundation, a 501(c)(3) charitable organization, reported compensation for 5 employees. Among the employees shown here, the average compensation is $0. Magnifi Financial Foundation changed its name from Central Minnesota Credit Union Foundation in 2022.

Revenue, expenses, and employee compensation

Revenue

$158,444

Expenses

$41,430

Employee compensation

—
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Janelle Borgmann
Treasurer
$0
Nancy L Roske
Vice President
$0
Gary Meyer
Secretary
$0
Charles B Friederichs
President
$0
Corey Sand
Director
$0

Benchmark Employee Compensation

Revisions to this organization profile

November 13, 2025:
2024 Magnifi Financial Foundation 990 filed
May 9, 2024:
2023 Magnifi Financial Foundation 990 filed
May 12, 2023:
2022 Magnifi Financial Foundation 990 filed

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