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Organizations Philanthropy, Voluntarism & Grantmaking The Hormel Foundation

The Hormel Foundation

Fiscal year ending 2023. Filed on February 26, 2024.

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 2023 IRS Form 990 filing, The Hormel Foundation, a 501(c)(3) charitable organization, reported compensation for 9 employees. Among the employees shown here, the average compensation is $375,788. The highest compensated employee at The Hormel Foundation is M R Ciota with fiscal year 2023 compensation of $1,539,030.

Revenue, expenses, and employee compensation

Revenue

$37,415,875

Expenses

$29,418,311

Employee compensation

$582,221
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

M R Ciota
Director
$1,539,030
$0 $795,919 $743,111
R R Clarke
Director
$403,784
$9,900 $341,364 $52,520
A O Atewologun
Director
$326,689
$12,700 $261,191 $52,798
J M Page
Director
$235,835
$11,800 $176,814 $47,221
J L Strickler
Director
$223,401
$0 $199,923 $23,478
T J Dankert
Director
$195,374
$16,200 $147,519 $31,655
S S Dankert
Assistant Sec-Treas
$192,703
$187,090 No related comp$5,613
R R Pavek
Director
$177,574
$11,800 $107,076 $58,698
R G Gentzler
Treasurer
$87,700
$87,700 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

D B Baker
Director
$122,461
$12,700 $103,781 $5,980
G J Alvarado-Guerrero
Director
$95,966
$12,700 $83,266 No other comp
M S Lanke
Director
$82,253
$12,700 $69,553 No other comp
M M King
Director
$17,200
$17,200 No related compNo other comp
S T Rizzi Jr
Secretary
$16,300
$16,300 No related compNo other comp
R J Kramer
Director
$15,700
$15,700 No related compNo other comp
B B Rietz
Vice Chair
$14,800
$14,800 No related compNo other comp
N C Jandragholica
Director
$11,700
$11,700 No related compNo other comp
L J Pfeil
Director
$11,400
$11,400 No related compNo other comp
J M Ettinger
Chair and Executive Director
No compensation reported
Jp Snee
Director
No compensation reported
K L Linaker
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.

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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