SOUTHWEST MINNESOTA STATE UNIVERSITY FOUNDATION INC SMSU FDN
EIN 23-7108470 MARSHALL, MN
- Revenue 2024
- $5,428,210
- Expenses 2024
- $4,234,837
Program services were 78.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- B110
- Classification
- 1200
- Street
- 1501 STATE ST
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
TO PROMOTE SOUTHWEST MINNESOTA STATE UNIVERSITY AND RAISE MONEY FOR SCHOLARSHIPS FOR STUDENTS.
-
SCHOLARSHIPS: A SPECIFIC GIFT APPLIES TOWARD TUITION AND FEES FOR STUDENTS WHO DEMONSTRATE ACADEMIC AND/OR ATHLETIC LEADERSHIP, TO CONTINUE THEIR STUDIES AT SOUTHWEST MINNESOTA STATE UNIVERSITY.
Expenses $1,428,878 · Grants $1,428,878
-
UNIVERSITY PROMOTION AND RECRUITMENT: MONIES USED TO PROMOTE SOUTHWEST MINNESOTA STATE UNIVERSITY THROUGH THE ADVERTISING MEDIA AND TO RECRUIT OUTSTANDING INDIVIDUALS TO ATTEND SOUTHWEST MINNESOTA STATE UNIVERSITY.
Expenses $1,906,254 · Grants $1,199,624 · Revenue $365,311
As filed on the 2024 return.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Al AndersonAL ANDERSON
DIRECTOR
- Total calculated
- $0
-
Kristi MukomelaKRISTI MUKOMELA
1ST VICE PRE
- Total calculated
- $0
-
Julie BleyhlJULIE BLEYHL
DIRECTOR
- Total calculated
- $0
-
Tina CartwrightTINA CARTWRIGHT
DIRECTOR
- Total calculated
- $0
-
Jerry BlyJERRY BLY
2ND VICE PRE
- Total calculated
- $0
-
Steve BinderSTEVE BINDER
DIRECTOR
- Total calculated
- $0
-
Cindy VerschaetseCINDY VERSCHAETSE
SECRETARY/TR
- Total calculated
- $0
-
Summer DaySUMMER DAY
DIRECTOR
- Total calculated
- $0
-
Dave WerpyDAVE WERPY
PAST PRESIDE
- Total calculated
- $0
-
Brad BaconBRAD BACON
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Duane CarrowDUANE CARROW
DIRECTOR
- Total calculated
- $0
-
Joe RoersJOE ROERS
DIRECTOR
- Total calculated
- $0
-
Neal WahlmanNEAL WAHLMAN
DIRECTOR
- Total calculated
- $0
-
Tyler BowenTYLER BOWEN
DIRECTOR
- Total calculated
- $0
-
Jasmine DesmetJASMINE DESMET
DIRECTOR
- Total calculated
- $0
-
Mario HernandezMARIO HERNANDEZ
DIRECTOR
- Total calculated
- $0
-
Jason HoffmanJASON HOFFMAN
DIRECTOR
- Total calculated
- $0
-
Neil KruseNEIL KRUSE
DIRECTOR
- Total calculated
- $0
-
Gary RangeGARY RANGE
DIRECTOR
- Total calculated
- $0
-
Tom SahlstromTOM SAHLSTROM
DIRECTOR
- Total calculated
- $0
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, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $5,428,210
- Expenses
- $4,234,837
- Contributions
- $3,260,006
- Grants paid
- $2,628,502
-
2023
- Revenue
- $6,333,631
- Expenses
- $3,746,514
- Contributions
- $2,628,570
- Grants paid
- $2,178,324
-
2022
- Revenue
- $7,721,710
- Expenses
- $2,654,701
- Contributions
- $6,663,337
- Grants paid
- $1,646,487
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2024 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2023 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2022 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2021 · 990
- Revenue
- $4,996,168
- Expenses
- $3,427,939
- Assets (EOY)
- $22,472,214
-
2021 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2020 · 990
- Revenue
- $3,698,366
- Expenses
- $2,939,857
- Assets (EOY)
- $24,583,502
-
2020 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2019 · 990
- Revenue
- $4,232,311
- Expenses
- $3,036,148
- Assets (EOY)
- $22,365,491
-
2018 · 990
- Revenue
- $4,365,490
- Expenses
- $2,828,723
- Assets (EOY)
- $20,701,336
-
2017 · 990
- Revenue
- $3,888,109
- Expenses
- $3,028,708
- Assets (EOY)
- $19,601,072
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
-
SOUTHWEST ST UNIVER
$1,199,624
2024 UNIVERSITY SUPPORT
-
SOUTHWEST ST UNIVER
$826,791
2023 UNIVERSITY SUPPORT
-
SOUTHWEST ST UNIVER
$643,138
2022 UNIVERSITY SUPPORT
Grants received
-
$200,000
2023 WORKFORCE DEVELOPMENT
-
DONOR ADVISED CHARITABLE GIVING
$100,775
2024 EDUCATION
-
$100,482
2024 GEN/OPER SUPPORT
-
$100,000
2022 PROGRAM SUPPORT
-
2022 Education & Awareness
-
2023 Education & Awareness
-
2023 For grant recipient's exempt purposes
-
2024 MULTIPLE GRANTS FOR MULTIPLE PURPOSES
-
2025 MULTIPLE GRANTS FOR MULTIPLE PURPOSES
-
2022 MULTIPLE GRANTS FOR MULTIPLE PURPOSES
The 10 largest by cash amount. The API serves every itemized grant.
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.