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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 Community Improvement & Capacity Building Southwest Initiative Foundation

Southwest Initiative Foundation

Fiscal year ending 2024. Filed on May 9, 2025.

15 3rd Ave NW
Hutchinson, Minnesota 55350

Southwest Initiative Foundation (EIN: 41-1555592) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Southwest Initiative Foundation, a 501(c)(3) charitable organization, reported compensation for 3 out of 26 total employees. Among the employees shown here, the average compensation is $150,089. The highest compensated employee at Southwest Initiative Foundation is Scott Marquardt with fiscal year 2024 compensation of $175,252.

Revenue, expenses, and employee compensation

Revenue

$11,617,544

Expenses

$10,063,990

Employee compensation

$2,180,473
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Scott Marquardt
President
$175,252
$147,011 No related comp$28,241
Margie Nelsen
Chief Financial Officer
$137,976
$132,167 No related comp$5,809
Nancy Fasching
Vice President
$137,039
$122,610 No related comp$14,429

Benchmark Employee Compensation

Non-Employee Board Members

Abdirizak Mahboub
Board Member
Christine Rock Hantge
Chair
Daniel Greve
Vice Chair
Erica Volkir
Board Member
Kathy Wehking
Board Member
Patricia Loehr-Dols
Former Chair
Terry Gaalswyk
Secretary
Theresa Zaske
Board Member
Thomas Brakke
Treasurer

Contractors

Red Star Creative Inc.
Business Consulting
$107,250

Mission Statement

OUR MISSION IS CONNECTING PEOPLE, INVESTING IN IDEAS AND BUILDING COMMUNITIES.

Revisions to this organization profile

May 9, 2025:
2024 Southwest Initiative Foundation 990 filed
May 15, 2024:
2023 Southwest Initiative Foundation 990 filed
May 15, 2023:
2022 Southwest Initiative Foundation 990 filed

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