SOUTHERN MINNESOTA INITIATIVE FOUNDATION, of OWATONNA, MN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $8.4M in revenue, $6.9M in expenses, $75.9M in total assets. 80 publicly reported grants to this organization, totaling roughly $6.6M, appear in IRS filings.
SOUTHERN MINNESOTA INITIATIVE FOUNDATION IS A REGIONAL DEVELOPMENT AND PHILANTHROPIC ORGANIZATION THAT FOSTERS ECONOMIC AND COMMUNITY VITALITY IN 20 COUNTIES OF SOUTHERN MINNESOTA THROUGH A CULTURE OF COLLABORATION AND PARTNERSHIP, WITH A FOCUS ON ENTREPRENEURS AND EARLY CHILDHOOD DEVELOPMENT.
Showing up to 5 of 80 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $8.4M | $6.9M | $75.9M |
| 2023 | $5.9M | $6.5M | $69.7M |
| 2022 | $22.2M | $16.8M | $67.4M |
| 2021 | $20.0M | $15.3M | $74.0M |
| 2020 | $2.9M | $5.2M | $60.3M |
Between 2020 and 2024, reported annual revenue grew from $2.9M to $8.4M (+184%), with total assets most recently reported at $75.9M.
Interactive year-over-year charts and full filing details available with membership.
