Skip to content
Nonprofiteer
← THE HORMEL FOUNDATION

Form 990 for tax year 2022

Filed by THE HORMEL FOUNDATION.

Totals

Total revenue
$37,415,875
Total expenses
$29,418,311
Contributions and grants received
$1,200
Grants paid
$28,364,605
Program services expenses (Part IX)
$28,502,212
Management and general expenses
$916,099
Fundraising expenses
$0
Program service expenses (Part III)
$28,502,212

Program services were 96.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • M R Ciota

    Director

    Total calculated
    $1,539,030
    From this org
    $0
    From related orgs
    $795,919
    Other
    $743,111
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $795,919 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported + $743,111 related
    Filer's total
    not reported + $1,539,030 related

  • R R Clarke

    Director

    Total calculated
    $403,784
    From this org
    $9,900
    From related orgs
    $341,364
    Other
    $52,520
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $9,900 + $341,364 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported + $30,500 related
    Nontaxable benefits
    not reported + $22,020 related
    Filer's total
    $9,900 + $393,884 related

  • A O Atewologun

    Director

    Total calculated
    $326,689
    From this org
    $12,700
    From related orgs
    $261,191
    Other
    $52,798
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $12,700 + $261,191 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported + $23,794 related
    Nontaxable benefits
    not reported + $29,003 related
    Filer's total
    $12,700 + $313,988 related

  • J M Page

    Director

    Total calculated
    $235,835
    From this org
    $11,800
    From related orgs
    $176,814
    Other
    $47,221
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $11,800 + $176,814 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported + $20,416 related
    Nontaxable benefits
    not reported + $26,805 related
    Filer's total
    $11,800 + $224,035 related

  • J L Strickler

    Director

    Total calculated
    $223,401
    From this org
    $0
    From related orgs
    $199,923
    Other
    $23,478
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $31,387 related
    Bonus
    not reported
    Other
    not reported + $168,536 related
    Deferred
    not reported
    Nontaxable benefits
    not reported + $23,478 related
    Filer's total
    not reported + $223,401 related

  • T J Dankert

    Director

    Total calculated
    $195,374
    From this org
    $16,200
    From related orgs
    $147,519
    Other
    $31,655
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $16,200 + $147,519 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported + $10,009 related
    Nontaxable benefits
    not reported + $21,989 related
    Filer's total
    $16,200 + $179,517 related

  • S S Dankert

    Assistant Sec-Treas

    Total calculated
    $192,703
    From this org
    $187,090
    From related orgs
    $0
    Other
    $5,613
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $187,090
    Bonus
    not reported
    Other
    not reported
    Deferred
    $5,613
    Nontaxable benefits
    not reported
    Filer's total
    $192,703

  • R R Pavek

    Director

    Total calculated
    $177,574
    From this org
    $11,800
    From related orgs
    $107,076
    Other
    $58,698
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $11,800 + $102,676 related
    Bonus
    not reported + $500 related
    Other
    not reported + $3,900 related
    Deferred
    not reported + $34,738 related
    Nontaxable benefits
    not reported + $23,960 related
    Filer's total
    $11,800 + $165,774 related

  • D B Baker

    Director

    Total calculated
    $122,461
    From this org
    $12,700
    From related orgs
    $103,781
    Other
    $5,980
    Hours/week
    1 + 40 related

  • G J Alvarado-Guerrero

    Director

    Total calculated
    $95,966
    From this org
    $12,700
    From related orgs
    $83,266
    Other
    $0
    Hours/week
    1 + 40 related

  • R G Gentzler

    Treasurer

    Total calculated
    $87,700
    From this org
    $87,700
    From related orgs
    $0
    Other
    $0
    Hours/week
    10

  • M S Lanke

    Director

    Total calculated
    $82,253
    From this org
    $12,700
    From related orgs
    $69,553
    Other
    $0
    Hours/week
    1 + 40 related

  • M M King

    Director

    Total calculated
    $17,200
    From this org
    $17,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • S T Rizzi Jr

    Secretary

    Total calculated
    $16,300
    From this org
    $16,300
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • R J Kramer

    Director

    Total calculated
    $15,700
    From this org
    $15,700
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • B B Rietz

    Vice Chair

    Total calculated
    $14,800
    From this org
    $14,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • N C Jandragholica

    Director

    Total calculated
    $11,700
    From this org
    $11,700
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • L J Pfeil

    Director

    Total calculated
    $11,400
    From this org
    $11,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • J M Ettinger

    Chair/Executive Director

    Total calculated
    $0
    Hours/week
    5

  • JP Snee

    Director

    Total calculated
    $0
    Hours/week
    1

  • S Y Salas-Ramirez

    Director

    Total calculated
    $0
    Hours/week
    1

  • J W Erichson

    Director

    Total calculated
    $0
    Hours/week
    1

  • K L Linaker

    Director

    Total calculated
    $0
    Hours/week
    1 + 40 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

  • 1a · First-class or charter travel
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

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)

Part I Line 1a
The board chair also serves the Executive Director role. As he does not take compensation for his role, first class vs. coach air fare has been allowed for his travel which is not included in taxable income and is reimbursed based on documenation provided as per policy. No first class travel was reimbused in 2023.
Part I Line 3
Although the board chair who also serves as the Executive Director does not take compensation for his role, if he did, the compensation would be determined as per the questions answered.

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

The 10 largest by cash amount. The API serves every itemized grant.

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
2022
Filed
26 February 2024
IRS schema version
2022v5.0
Source object
202400579349300715

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

The source document this was parsed from is served over the API, which is where bulk and document access live.