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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 Education Southwest Minnesota State University Foundation

Southwest Minnesota State University Foundation

Fiscal year ending 2025. Filed on November 4, 2025.

1501 State Street
Marshall, Minnesota 56258

Southwest Minnesota State University Foundation (EIN: 23-7108470) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2025 IRS Form 990 filing, Southwest Minnesota State University Foundation, a 501(c)(3) charitable organization, reported compensation for 4 employees. Among the employees shown here, the average compensation is $0.

Revenue, expenses, and employee compensation

Revenue

$5,428,210

Expenses

$4,234,837

Employee compensation

$495,266
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Dave Werpy
Former President
$0
Kristi Mukomela
First Vice President
$0
Brad Bacon
President
$0
Cindy Verschaetse
Secretary and Treasurer
$0

Benchmark Employee Compensation

Non-Employee Board Members

Al Anderson
Director
Duane Carrow
Director
Gary Range
Director
Jasmine Desmet
Director
Jason Hoffman
Director
Jerry Bly
Second Vice President
Joe Roers
Director
Julie Bleyhl
Director
Mario Hernandez
Director
Neal Wahlman
Director
Neil Kruse
Director
Steve Binder
Director

Mission Statement

TO PROMOTE SOUTHWEST MINNESOTA STATE UNIVERSITY AND RAISE MONEY FOR SCHOLARSHIPS FOR STUDENTS.

Revisions to this organization profile

November 4, 2025:
2025 Southwest Minnesota State University Foundation 990 filed
November 15, 2024:
2024 Southwest Minnesota State University Foundation 990 filed
November 15, 2023:
2023 Southwest Minnesota State University Foundation 990 filed

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