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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 Human Services Youth Investment Foundation

Youth Investment Foundation

Fiscal year ending 2022. Filed on August 15, 2023.

1364 Hamel Road
PO Box 316
Medina, Minnesota 55340

Youth Investment Foundation (EIN: 23-7058853), also known as Timber Bay, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, Youth Investment Foundation, a 501(c)(3) charitable organization, reported compensation for 3 out of 65 total employees. Among the employees shown here, the average compensation is $79,383. The highest compensated employee at Youth Investment Foundation is Jon Ring with fiscal year 2022 compensation of $99,806.

Revenue, expenses, and employee compensation

Revenue

$3,679,450

Expenses

$3,587,621

Employee compensation

$2,419,381
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jon Ring
President
$99,806
$99,806 No related compNo other comp
Mark Ritchie
Coo/Vp/Treas
$80,254
$80,254 No related compNo other comp
Laura Tolifson
Corporate Secretary
$58,088
$58,088 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Brian Stephens
Board Member
Carol Hondlik
Board Member
John Prichard
Board Chair
Kathy Gaalswyk
Board Member
Neil Gaalswyk
Board Member
Paul Vorderbruggen
Board Member
Rolf Jostad
Board Member

Mission Statement

TO CREATE NEW ATTITUDES AND BEHAVIOR IN ALIENATED YOUTH THROUGH A GROWING FAITH IN CHRIST, SUPPORTIVE STAFF MENTORING AND HEALTHY RELATIONSHIPS.

Revisions to this organization profile

September 23, 2025:
2024 Youth Investment Foundation 990 filed
November 4, 2024:
2023 Youth Investment Foundation 990 filed
August 15, 2023:
Amended (originally filed July 5, 2023)2022 Youth Investment Foundation 990 filed

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