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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 Public & Societal Benefit Northwest Minnesota Foundation

Northwest Minnesota Foundation

Fiscal year ending 2020. Filed on May 14, 2021.

201 3rd St NW
Bemidji, Minnesota 56601

Northwest Minnesota Foundation (EIN: 41-1556013) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2020 IRS Form 990 filing, Northwest Minnesota Foundation, a 501(c)(3) charitable organization, reported compensation for 3 out of 23 total employees. Among the employees shown here, the average compensation is $116,272. The highest compensated employee at Northwest Minnesota Foundation is Karen White with fiscal year 2020 compensation of $139,517.

Revenue, expenses, and employee compensation

Revenue

$7,618,123

Expenses

$7,174,697

Employee compensation

$1,892,740
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Karen White
President
$139,517
$132,900 No related comp$6,617
John Shimkus
Vice President for Finance and
$104,886
$99,205 No related comp$5,681
Nancy Vyskocil
Former President
$104,412
$98,991 No related comp$5,421

Benchmark Employee Compensation

Non-Employee Board Members

Cathy Forgit
Secretary
Cheri Gunvalson
Director
Deb Zak
Director
Dennis Bona
Director
Kristin Eggerling
Chair
Leah Pigatti
Treasurer
Michelle Paquin
Director
Mike Laroque
Director
Steven Anderson
Vice Chair
Todd Beckel
Director

Contractors

Compass Capital Management Inc.
Investment Management
$169,909

Mission Statement

THE NORTHWEST MINNESOTA FOUNDATION INVESTS RESOURCES, FACILITATES COLLABORATION, AND PROMOTE PHILANTHROPY TO MAKE THE REGION A BETTER PLACE TO LIVE AND WORK.

Revisions to this organization profile

April 7, 2025:
2024 Northwest Minnesota Foundation 990 filed
May 14, 2024:
2023 Northwest Minnesota Foundation 990 filed
January 23, 2023:
2022 Northwest Minnesota Foundation 990 filed

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