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Nonprofiteer
← LEADINGAGE MINNESOTA FOUNDATION

Form 990 for tax year 2023

Filed by LEADINGAGE MINNESOTA FOUNDATION.

Totals

Total revenue
$5,669,724
Total expenses
$1,797,036
Contributions and grants received
$4,337,718
Grants paid
$156,175
Program services expenses (Part IX)
$1,629,671
Management and general expenses
$167,365
Fundraising expenses
$0
Program service expenses (Part III)
$1,629,671

Program services were 90.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • KARI THURLOW

    PRESIDENT/CEO

    Total calculated
    $329,841
    From this org
    $0
    From related orgs
    $261,024
    Other
    $68,817
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $241,024 related
    Bonus
    $0 + $20,000 related
    Other
    $0
    Deferred
    $0 + $36,879 related
    Nontaxable benefits
    $0 + $31,938 related
    Filer's total
    $0 + $329,841 related

  • ROBERT M DAHL

    CHAIR

    Total calculated
    $0
    Hours/week
    0

  • LINDSEY SAND

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0

  • WAYNE OLSON

    TREASURER

    Total calculated
    $0
    Hours/week
    0

  • JASON ANDERSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • MATT ANDERSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • JOEL PREVOST

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • GAYLE KVENVOLD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • LORI MEYER

    SR VP & COO

    Total calculated
    $243,893
    From this org
    $0
    From related orgs
    $196,303
    Other
    $47,590
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $188,303 related
    Bonus
    $0 + $8,000 related
    Other
    $0
    Deferred
    $0 + $24,719 related
    Nontaxable benefits
    $0 + $22,871 related
    Filer's total
    $0 + $243,893 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

FORM 990, SCHEDULE J, PART II
THE FOUNDATION'S CEO IS COMPENSATED BY M.C.C.A., A RELATED ORGANIZATION FOR SERVICES RENDERED TO THE FILING ORGANIZATION. THE COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS OF THE SOLE MEMBER OF THE FOUNDATION, LEADINGAGE MINNESOTA WHICH USED THE FOLLOWING METHODS TO DETERMINE COMPENSATION AMOUNTS: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
4 November 2024
IRS schema version
2023v5.1
Source object
202443139349300714

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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