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INITIATIVE FOUNDATION

EIN 36-3451562 LITTLE FALLS, MN

Revenue 2024
$15,215,240
Expenses 2024
$15,713,243

Program services were 86.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
S400
Classification
1000
Street
405 1ST ST SE

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).

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.

  • BRIAN VOERDING

    PRESIDENT

    Total calculated
    $193,885
    From this org
    $165,828
    From related orgs
    $0
    Other
    $28,057
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $165,828
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $28,057
    Filer's total
    $193,885

  • DON HICKMAN

    VP FOR COMMUNITY & WORKFORCE (FORMER)

    Total calculated
    $175,907
    From this org
    $148,367
    From related orgs
    $0
    Other
    $27,540
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $148,367
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $27,540
    Filer's total
    $175,907

  • MICHELE MILLER

    CFO

    Total calculated
    $148,258
    From this org
    $117,848
    From related orgs
    $0
    Other
    $30,410
    Hours/week
    40

  • DAVID MONROY

    TRUSTEE/CHAIR

    Total calculated
    $0
    Hours/week
    2

  • KRISTI WESTBROCK

    TRUSTEE/VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • TERI HOGGARTH

    TRUSTEE/TREASURER

    Total calculated
    $0
    Hours/week
    1

  • BRETT ANDERSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • CARRIE WILLIS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • DAN WEBER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JESSICA BITZ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JOE MULFORD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JOE NAYQUONABE JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JULIE NELSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • KIM ELLINGSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MATEO MACKBEE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ROBBYN WACKER

    TRUSTEE (FORMER)

    Total calculated
    $0
    Hours/week
    1

  • SANTO CRUZ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • TIM NELSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $15,215,240
    Expenses
    $15,713,243
    Contributions
    $10,289,793
    Grants paid
    $9,989,131
  • 2023
    Revenue
    $10,031,903
    Expenses
    $9,362,176
    Contributions
    $7,171,446
    Grants paid
    $4,292,882
  • 2022
    Revenue
    $18,836,412
    Expenses
    $16,266,746
    Contributions
    $15,630,787
    Grants paid
    $11,483,289

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

Nonprofiteer parses the Form 990 only. 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.

Grants made

  • CITY OF WADENA

    $245,000

    2022 TO SUPPORT THE WADENA CITY LIBRARY RENOVATION PROJECT.

  • MIDNIGHT REAL ESTATE LLC

    $199,000

    2023 DEED MAIN STREET ECONOMIC REVITALIZATION PROJECT GRANT

  • ASC AQUISITION LLC

    $199,000

    2023 DEED MAIN STREET ECONOMIC REVITALIZATION PROJECT GRANT

  • OBERG ROOFING & REMODELING INC

    $195,000

    2023 DEED MAIN STREET ECONOMIC REVITALIZATION PROJECT GRANT

  • R & L REPAIR INC

    $168,300

    2023 DEED MAIN STREET ECONOMIC REVITALIZATION PROJECT GRANT

  • CITY OF WADENA

    $146,160

    2024 TO SUPPORT THE WADENA CITY LIBRARY RENOVATION

  • EIGHT05 LAUREL LLC

    $119,999

    2023 DEED MAIN STREET ECONOMIC REVITALIZATION PROJECT GRANT

  • CITY OF PRINCETON

    $111,008

    2024 TO SUPPORT ECONOMIC DEVELOPMENT.

  • L MACK STEWART

    $100,740

    2023 DEED MAIN STREET ECONOMIC REVITALIZATION PROJECT GRANT

  • VIVA TOBACCO & MORE LLC

    $100,000

    2023 DEED MAIN STREET ECONOMIC REVITALIZATION PROJECT GRANT

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

Where these grants went next →

Grants received

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

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

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 10 September 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.