The Hormel Foundation

Fiscal year ending 2024. Filed on March 17, 2025.

329 North Main Street Suite 102l
Austin, Minnesota 55912

The Hormel Foundation (EIN: 41-0694716) has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2024 IRS Form 990 filing, The Hormel Foundation, a 501(c)(3) charitable organization, reported compensation for 7 employees. Among the employees shown here, the average compensation is $313,388. The highest compensated employee at The Hormel Foundation is M R Ciota with fiscal year 2024 compensation of $844,111.

Revenue, expenses, and employee compensation

Revenue

$40,768,849

Expenses

$33,637,788

Employee compensation

$600,930

Reported Compensated Employees

$0 from org$810,891 from related$33,220 other

$10,350 from org$354,023 from related$55,540 other

$15,400 from org$180,275 from related$49,804 other

Assistant Sec-Treas

$198,315 from orgNo related comp$5,949 other

$17,500 from org$151,168 from related$31,932 other

$13,825 from org$120,234 from related$50,392 other

$94,900 from orgNo related compNo other comp

Non-Employee Board Members

$17,825 from org$109,762 from related$7,871 other

$0 from org$113,498 from related$21,726 other

$5,242 from org$100,483 from related$21,406 other

S Y Salas-Ramirez

$10,467 from org$85,041 from relatedNo other comp

$13,825 from org$72,649 from related$1,230 other

$39,675 from orgNo related compNo other comp

$20,275 from orgNo related compNo other comp

$19,075 from orgNo related compNo other comp

$16,450 from orgNo related compNo other comp

N C Jandragholica

$13,825 from orgNo related compNo other comp

$7,650 from orgNo related compNo other comp

Chair and Executive Director

No compensation reported

Mission Statement

Is operated for the benefit of, and to assist in performing the functions and in carrying out the purpose of the Supported Organizations.

Other organizations also named The Hormel Foundation

Thomas Dubois Hormel Foundation Inc.

Fort Lauderdale, Florida

Revisions to this organization profile

March 17, 2025:

2024 The Hormel Foundation 990 filed

February 26, 2024:

2023 The Hormel Foundation 990 filed

March 9, 2023:

2022 The Hormel Foundation 990 filed

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