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Employer Identification Number 41-1555592

SOUTHWEST INITIATIVE FOUNDATION is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:SOUTHWEST INITIATIVE FOUNDATION
Employer identification number (EIN):41-1555592
EIN Issuing AuthorityPhiladelphia, PA
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations
401k Pension/Benefits registration SOUTHWEST INITIATIVE FOUNDATION 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementA REGIONAL COMMUNITY FOUNDATION DEDICATED TO ADVANCING SOUTHWEST MINNESOTA.
Number of Employees25
Number of Volunteers300
Year Formed1986

Organization Governance

Legal DomicileMN
Voting Members - Governing Body11
Voting Members - Independent11

Organization Financials

2023-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 717,847
Program Service Revenue from current yearUSD $ 671,974
Investment Income from prior yearUSD $ 7,328,558
Investment Income from current yearUSD $ 1,614,187
Other Revenue from prior yearUSD $ 75,181
Other Revenue from current yearUSD $ 81,005
Gross receipts from all sourcesUSD $ 46,007,095
Net assets / fund balances at end of fiscal yearUSD $ 97,573,799
Net assets / fund balances at beginning of fiscal yearUSD $ 89,647,049
Total liabilities at end of fiscal yearUSD $ 10,601,860
Total liabilities at beginning of fiscal yearUSD $ 10,788,300
Total assets at end of fiscal yearUSD $ 108,175,659
Total assets at beginning of fiscal yearUSD $ 100,435,349
Revenues less expenses for current yearUSD $ 2,936,379
Revenues less expenses for previous yearUSD $ 8,371,013
Total expenses for current yearUSD $ 10,336,099
Total expenses for previous yearUSD $ 11,284,034
Other expenses in current yearUSD $ 2,678,889
Other expenses in previous yearUSD $ 2,449,242
Total fundraising expenses in current yearUSD $ 649,826
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,323,485
Employee salary and benefits paid in previous yearUSD $ 2,146,696
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 5,333,725
Grants and similar amounts paid in previous yearUSD $ 6,688,096
Total revenue in current fiscal yearUSD $ 13,272,478
Total revenue in previous fiscal yearUSD $ 19,655,047
Contributions and grants from current yearUSD $ 10,905,312
Contributions and grants from previous yearUSD $ 11,533,461
2022-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 563,705
Program Service Revenue from current yearUSD $ 717,847
Investment Income from prior yearUSD $ 3,119,323
Investment Income from current yearUSD $ 7,328,558
Other Revenue from prior yearUSD $ 70,253
Other Revenue from current yearUSD $ 75,181
Gross receipts from all sourcesUSD $ 46,908,103
Net assets / fund balances at end of fiscal yearUSD $ 89,647,049
Net assets / fund balances at beginning of fiscal yearUSD $ 97,143,471
Total liabilities at end of fiscal yearUSD $ 10,788,300
Total liabilities at beginning of fiscal yearUSD $ 11,535,489
Total assets at end of fiscal yearUSD $ 100,435,349
Total assets at beginning of fiscal yearUSD $ 108,678,960
Revenues less expenses for current yearUSD $ 8,371,013
Revenues less expenses for previous yearUSD $ 890,046
Total expenses for current yearUSD $ 11,284,034
Total expenses for previous yearUSD $ 11,832,584
Other expenses in current yearUSD $ 2,449,242
Other expenses in previous yearUSD $ 2,244,803
Total fundraising expenses in current yearUSD $ 635,895
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,146,696
Employee salary and benefits paid in previous yearUSD $ 2,056,400
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 6,688,096
Grants and similar amounts paid in previous yearUSD $ 7,531,381
Total revenue in current fiscal yearUSD $ 19,655,047
Total revenue in previous fiscal yearUSD $ 12,722,630
Contributions and grants from current yearUSD $ 11,533,461
Contributions and grants from previous yearUSD $ 8,969,349
2021-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 525,865
Program Service Revenue from current yearUSD $ 563,705
Investment Income from prior yearUSD $ 3,338,387
Investment Income from current yearUSD $ 3,119,323
Other Revenue from prior yearUSD $ 60,832
Other Revenue from current yearUSD $ 70,253
Gross receipts from all sourcesUSD $ 41,811,065
Net assets / fund balances at end of fiscal yearUSD $ 97,143,471
Net assets / fund balances at beginning of fiscal yearUSD $ 84,274,255
Total liabilities at end of fiscal yearUSD $ 11,535,489
Total liabilities at beginning of fiscal yearUSD $ 11,829,788
Total assets at end of fiscal yearUSD $ 108,678,960
Total assets at beginning of fiscal yearUSD $ 96,104,043
Revenues less expenses for current yearUSD $ 890,046
Revenues less expenses for previous yearUSD $ 2,981,173
Total expenses for current yearUSD $ 11,832,584
Total expenses for previous yearUSD $ 7,688,804
Other expenses in current yearUSD $ 2,244,803
Other expenses in previous yearUSD $ 3,361,200
Total fundraising expenses in current yearUSD $ 618,161
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,056,400
Employee salary and benefits paid in previous yearUSD $ 2,083,357
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 7,531,381
Grants and similar amounts paid in previous yearUSD $ 2,244,247
Total revenue in current fiscal yearUSD $ 12,722,630
Total revenue in previous fiscal yearUSD $ 10,669,977
Contributions and grants from current yearUSD $ 8,969,349
Contributions and grants from previous yearUSD $ 6,744,893
2020-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 463,116
Program Service Revenue from current yearUSD $ 525,865
Investment Income from prior yearUSD $ 3,319,648
Investment Income from current yearUSD $ 3,338,387
Other Revenue from prior yearUSD $ 62,128
Other Revenue from current yearUSD $ 60,832
Gross receipts from all sourcesUSD $ 65,065,418
Net assets / fund balances at end of fiscal yearUSD $ 84,274,255
Net assets / fund balances at beginning of fiscal yearUSD $ 83,345,920
Total liabilities at end of fiscal yearUSD $ 11,829,788
Total liabilities at beginning of fiscal yearUSD $ 9,247,859
Total assets at end of fiscal yearUSD $ 96,104,043
Total assets at beginning of fiscal yearUSD $ 92,593,779
Revenues less expenses for current yearUSD $ 2,981,173
Revenues less expenses for previous yearUSD $ 2,204,252
Total expenses for current yearUSD $ 7,688,804
Total expenses for previous yearUSD $ 5,314,733
Other expenses in current yearUSD $ 3,361,200
Other expenses in previous yearUSD $ 1,853,611
Total fundraising expenses in current yearUSD $ 537,449
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,083,357
Employee salary and benefits paid in previous yearUSD $ 1,918,129
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 2,244,247
Grants and similar amounts paid in previous yearUSD $ 1,542,993
Total revenue in current fiscal yearUSD $ 10,669,977
Total revenue in previous fiscal yearUSD $ 7,518,985
Contributions and grants from current yearUSD $ 6,744,893
Contributions and grants from previous yearUSD $ 3,674,093
2019-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 452,393
Program Service Revenue from current yearUSD $ 463,116
Investment Income from prior yearUSD $ 2,369,303
Investment Income from current yearUSD $ 3,319,648
Other Revenue from prior yearUSD $ 66,193
Other Revenue from current yearUSD $ 62,128
Gross receipts from all sourcesUSD $ 35,051,694
Net assets / fund balances at end of fiscal yearUSD $ 83,345,920
Net assets / fund balances at beginning of fiscal yearUSD $ 81,153,545
Total liabilities at end of fiscal yearUSD $ 9,247,859
Total liabilities at beginning of fiscal yearUSD $ 9,191,792
Total assets at end of fiscal yearUSD $ 92,593,779
Total assets at beginning of fiscal yearUSD $ 90,345,337
Revenues less expenses for current yearUSD $ 2,204,252
Revenues less expenses for previous yearUSD $ 3,605,722
Total expenses for current yearUSD $ 5,314,733
Total expenses for previous yearUSD $ 5,213,591
Other expenses in current yearUSD $ 1,853,611
Other expenses in previous yearUSD $ 1,714,437
Total fundraising expenses in current yearUSD $ 513,565
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,918,129
Employee salary and benefits paid in previous yearUSD $ 1,816,440
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 1,542,993
Grants and similar amounts paid in previous yearUSD $ 1,682,714
Total revenue in current fiscal yearUSD $ 7,518,985
Total revenue in previous fiscal yearUSD $ 8,819,313
Contributions and grants from current yearUSD $ 3,674,093
Contributions and grants from previous yearUSD $ 5,931,424
2018-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 500,286
Program Service Revenue from current yearUSD $ 452,393
Investment Income from prior yearUSD $ 15,177,652
Investment Income from current yearUSD $ 2,369,303
Other Revenue from prior yearUSD $ 62,543
Other Revenue from current yearUSD $ 66,193
Gross receipts from all sourcesUSD $ 31,781,052
Net assets / fund balances at end of fiscal yearUSD $ 81,153,545
Net assets / fund balances at beginning of fiscal yearUSD $ 76,183,395
Total liabilities at end of fiscal yearUSD $ 9,191,792
Total liabilities at beginning of fiscal yearUSD $ 9,496,815
Total assets at end of fiscal yearUSD $ 90,345,337
Total assets at beginning of fiscal yearUSD $ 85,680,210
Revenues less expenses for current yearUSD $ 3,605,722
Revenues less expenses for previous yearUSD $ 15,473,458
Total expenses for current yearUSD $ 5,213,591
Total expenses for previous yearUSD $ 4,851,111
Other expenses in current yearUSD $ 1,714,437
Other expenses in previous yearUSD $ 1,770,362
Total fundraising expenses in current yearUSD $ 420,855
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,816,440
Employee salary and benefits paid in previous yearUSD $ 1,779,858
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 1,682,714
Grants and similar amounts paid in previous yearUSD $ 1,300,891
Total revenue in current fiscal yearUSD $ 8,819,313
Total revenue in previous fiscal yearUSD $ 20,324,569
Contributions and grants from current yearUSD $ 5,931,424
Contributions and grants from previous yearUSD $ 4,584,088
2017-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 541,359
Program Service Revenue from current yearUSD $ 500,286
Investment Income from prior yearUSD $ 1,840,672
Investment Income from current yearUSD $ 15,177,652
Other Revenue from prior yearUSD $ 132,424
Other Revenue from current yearUSD $ 62,543
Gross receipts from all sourcesUSD $ 170,161,197
Net assets / fund balances at end of fiscal yearUSD $ 76,183,395
Net assets / fund balances at beginning of fiscal yearUSD $ 69,600,164
Total liabilities at end of fiscal yearUSD $ 9,496,815
Total liabilities at beginning of fiscal yearUSD $ 9,643,924
Total assets at end of fiscal yearUSD $ 85,680,210
Total assets at beginning of fiscal yearUSD $ 79,244,088
Revenues less expenses for current yearUSD $ 15,473,458
Revenues less expenses for previous yearUSD $ 1,819,838
Total expenses for current yearUSD $ 4,851,111
Total expenses for previous yearUSD $ 5,245,732
Other expenses in current yearUSD $ 1,770,362
Other expenses in previous yearUSD $ 1,568,171
Total fundraising expenses in current yearUSD $ 513,492
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,779,858
Employee salary and benefits paid in previous yearUSD $ 1,753,333
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 1,300,891
Grants and similar amounts paid in previous yearUSD $ 1,924,228
Total revenue in current fiscal yearUSD $ 20,324,569
Total revenue in previous fiscal yearUSD $ 7,065,570
Contributions and grants from current yearUSD $ 4,584,088
Contributions and grants from previous yearUSD $ 4,551,115
2016-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 496,396
Program Service Revenue from current yearUSD $ 541,359
Investment Income from prior yearUSD $ 2,555,025
Investment Income from current yearUSD $ 1,840,672
Other Revenue from prior yearUSD $ 97,070
Other Revenue from current yearUSD $ 132,424
Gross receipts from all sourcesUSD $ 46,440,041
Net assets / fund balances at end of fiscal yearUSD $ 69,600,164
Net assets / fund balances at beginning of fiscal yearUSD $ 68,889,069
Total liabilities at end of fiscal yearUSD $ 9,643,924
Total liabilities at beginning of fiscal yearUSD $ 11,036,874
Total assets at end of fiscal yearUSD $ 79,244,088
Total assets at beginning of fiscal yearUSD $ 79,925,943
Revenues less expenses for current yearUSD $ 1,819,838
Revenues less expenses for previous yearUSD $ 1,557,031
Total expenses for current yearUSD $ 5,245,732
Total expenses for previous yearUSD $ 4,582,621
Other expenses in current yearUSD $ 1,568,171
Other expenses in previous yearUSD $ 1,646,273
Total fundraising expenses in current yearUSD $ 570,197
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,753,333
Employee salary and benefits paid in previous yearUSD $ 1,701,763
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 1,924,228
Grants and similar amounts paid in previous yearUSD $ 1,234,585
Total revenue in current fiscal yearUSD $ 7,065,570
Total revenue in previous fiscal yearUSD $ 6,139,652
Contributions and grants from current yearUSD $ 4,551,115
Contributions and grants from previous yearUSD $ 2,991,161
Total of other revenueUSD $ 58,374
2015-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 520,255
Program Service Revenue from current yearUSD $ 496,396
Investment Income from prior yearUSD $ 2,006,104
Investment Income from current yearUSD $ 2,555,025
Other Revenue from prior yearUSD $ 285,974
Other Revenue from current yearUSD $ 97,070
Gross receipts from all sourcesUSD $ 41,210,437
Net assets / fund balances at end of fiscal yearUSD $ 68,889,069
Net assets / fund balances at beginning of fiscal yearUSD $ 68,153,792
Total liabilities at end of fiscal yearUSD $ 11,036,874
Total liabilities at beginning of fiscal yearUSD $ 10,847,563
Total assets at end of fiscal yearUSD $ 79,925,943
Total assets at beginning of fiscal yearUSD $ 79,001,355
Revenues less expenses for current yearUSD $ 1,557,031
Revenues less expenses for previous yearUSD $ 1,943,067
Total expenses for current yearUSD $ 4,582,621
Total expenses for previous yearUSD $ 5,045,905
Other expenses in current yearUSD $ 1,646,273
Other expenses in previous yearUSD $ 2,069,129
Total fundraising expenses in current yearUSD $ 604,774
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,701,763
Employee salary and benefits paid in previous yearUSD $ 1,683,972
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 1,234,585
Grants and similar amounts paid in previous yearUSD $ 1,292,804
Total revenue in current fiscal yearUSD $ 6,139,652
Total revenue in previous fiscal yearUSD $ 6,988,972
Contributions and grants from current yearUSD $ 2,991,161
Contributions and grants from previous yearUSD $ 4,176,639

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 411555592

USA Location Address
15 3RD AVENUE NW
HUTCHINSON
MN
55350
Date first seen: 2010-01-01
Date last seen: 2024-09-30

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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