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SOUTHERN MINNESOTA INITIATIVE FOUNDATION

EIN 36-3454285 OWATONNA, MN

Revenue 2023
$8,360,704
Expenses 2023
$6,906,181

Program services were 86.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
S300
Classification
1000
Street
525 FLORENCE AVE

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 · 2023

As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • TIMOTHY PENNY

    PRESIDENT/CEO

    Total calculated
    $206,148
    From this org
    $164,038
    From related orgs
    $0
    Other
    $42,110
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $164,038
    Bonus
    $0
    Other
    $0
    Deferred
    $8,695
    Nontaxable benefits
    $33,416
    Filer's total
    $206,149

  • BRIAN CONZEMIUS

    VICE PRESIDENT/CFO

    Total calculated
    $148,607
    From this org
    $131,445
    From related orgs
    $0
    Other
    $17,162
    Hours/week
    40

  • PAMELA BISHOP

    VP OF ECONOMIC DEVELOPMENT

    Total calculated
    $151,559
    From this org
    $108,156
    From related orgs
    $0
    Other
    $43,403
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $108,156
    Bonus
    $0
    Other
    $0
    Deferred
    $6,240
    Nontaxable benefits
    $37,163
    Filer's total
    $151,559

  • RAE JEAN HANSEN

    VP OF EARLY CHILDHOOD

    Total calculated
    $122,192
    From this org
    $115,107
    From related orgs
    $0
    Other
    $7,085
    Hours/week
    40

  • JAKE ANDERSON

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • CHRIS SCHAD

    SECRETERY

    Total calculated
    $0
    Hours/week
    2

  • SHAWN VOGT SWEEN

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • ERIN MEIER

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • ERIN BAILEY

    MEMBER AT LARGE

    Total calculated
    $0
    Hours/week
    2

  • BOB MANN

    MEMBER AT LARGE

    Total calculated
    $0
    Hours/week
    2

  • IAN BENTS

    MEMBER AT LARGE

    Total calculated
    $0
    Hours/week
    2

  • MATT COY

    MEMBER AT LARGE

    Total calculated
    $0
    Hours/week
    2

  • BRAD HOINESS

    MEMBER AT LARGE

    Total calculated
    $0
    Hours/week
    2

  • IBRAHIM HUSSEIN

    MEMBER AT LARGE

    Total calculated
    $0
    Hours/week
    2

  • HEATHER MILLARD

    MEMBER AT LARGE

    Total calculated
    $0
    Hours/week
    2

  • ANGEL URIBE

    MEMBER AT LARGE

    Total calculated
    $0
    Hours/week
    2

  • XAVIER FRIGOLA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MATT GOLDADE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JAMILA IBRAHIM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

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

  • 2023
    Revenue
    $8,360,704
    Expenses
    $6,906,181
    Contributions
    $6,130,483
    Grants paid
    $3,163,893
  • 2022
    Revenue
    $5,876,900
    Expenses
    $6,487,380
    Contributions
    $4,779,553
    Grants paid
    $3,006,165

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

  • 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

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 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.