Fiscal year ending 2024. Filed on April 24, 2025.
525 Florence Ave
Owatonna, Minnesota 55060
Southern Minnesota Initiative Foundation (EIN: 36-3454285) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Southern Minnesota Initiative Foundation, a 501(c)(3) charitable organization, reported compensation for 4 out of 24 total employees. Among the employees shown here, the average compensation is $157,127. The highest compensated employee at Southern Minnesota Initiative Foundation is Timothy Penny with fiscal year 2024 compensation of $206,148.
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SOUTHERN MINNESOTA INITIATIVE FOUNDATION IS A REGIONAL DEVELOPMENT AND PHILANTHROPIC ORGANIZATION THAT FOSTERS ECONOMIC AND COMMUNITY VITALITY IN 20 COUNTIES OF SOUTHERN MINNESOTA THROUGH A CULTURE OF COLLABORATION AND PARTNERSHIP, WITH A FOCUS ON ENTREPRENEURS AND EARLY CHILDHOOD DEVELOPMENT.
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