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Southwest Minnesota State University Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237108470 ✦ Marshall, MN ✦ Designated as a 501(c)(3)

Overview

What is Southwest Minnesota State University Foundation?

Southwest Minnesota State University Foundation is a nonprofit organization situated in Marshall, Minnesota, specifically at Founders Hall 1501 State Street. Its primary mission is to promote Southwest Minnesota State University and raise funds for scholarships for students who exhibit strong academic and/or athletic leadership. This financial assistance helps these students continue their studies at the university. The foundation's activities center around fundraising efforts to support this noble cause.


Official website here: www.smsufoundation.org

Is Southwest Minnesota State University Foundation legitimate?

Southwest Minnesota State University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwest Minnesota State University Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $288,443

For more financial information, click here


Official website here: www.smsufoundation.org

What is the mission statement of Southwest Minnesota State University Foundation?

The Southwest Minnesota State University Foundation's mission is centered around promoting the university and raising funds for scholarships for deserving students. This organization aims to support students who exhibit academic or athletic leadership, enabling them to continue their studies at Southwest Minnesota State University. By providing scholarships, the foundation contributes to making higher education more accessible, helping students overcome financial barriers and pursue their academic goals.


Official website here: www.smsufoundation.org

Who is the CEO of Southwest Minnesota State University Foundation?

Dave Werpy is the Director of Southwest Minnesota State University Foundation.


Official website here: www.smsufoundation.org

What is the revenue of Southwest Minnesota State University Foundation?

Southwest Minnesota State University Foundation's revenue in 2023 was $7,721,710.


Official website here: www.smsufoundation.org

Who are the executives of Southwest Minnesota State University Foundation and what are their salaries?

Here are 21 key members and their salaries:

    Dorene Kronke-Mccourt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristi Mukomela (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Bleyhl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tina Cartwright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerry Bly (Past Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy Burns (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cindy Verschaetse (2Nd Vice Pre)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lee French (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jefferson Lee (Director - N)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Werpy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brad Bacon (1St Vice Pre) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Duane Carrow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Roers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neal Wahlman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tyler Bowen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Fuhrmann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Gunther (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Hoffman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Binder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Range (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Sahlstrom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.smsufoundation.org

    Where can I find the form 990 for Southwest Minnesota State University Foundation?

    The Southwest Minnesota State University Foundation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.smsufoundation.org

    Learn more at the official website: www.smsufoundation.org

    Mission Statement of Southwest Minnesota State University Foundation

    The Southwest Minnesota State University Foundation, as a nonprofit entity, is dedicated to promoting Southwest Minnesota State University and raising funds for scholarships for deserving students. Its mission is twofold: advocating for the university and financially supporting students through scholarship grants. These scholarships are specifically intended for students who demonstrate outstanding academic and/or athletic leadership, enabling them to continue their studies at Southwest Minnesota State University. The Foundation's primary objective is to contribute to the academic success of these individuals, thereby enriching the university community and fostering a culture of excellence.

    Impact

    This information is meant to be a general summary of Southwest Minnesota State University Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Southwest Minnesota State University Foundation's impact lies in its dedication to promoting Southwest Minnesota State University and raising funds for scholarships for deserving students. By providing specific gifts that apply towards tuition and fees, the foundation supports students who demonstrate academic and/or athletic leadership, enabling them to continue their studies at the university. Through their mission of supporting education and fostering student success, the foundation plays a crucial role in advancing opportunities for individuals in Marshall, MN, and beyond.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $547,906
  • Program Service Revenue: $130,249
  • Gross Receipts: $16,369,622

    • Assets and Liabilities:
  • Total Assets: $28,630,680
  • Total Liabilities: $3,335,261
  • Net Assets: $25,295,419
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    MINNESOTA AG RURAL LEADERSHIP

    Revenue

    $130,249

    Organization Details

    Founding Year

    1963

    Principal Officer

    Dave Werpy

    Main Address

    FOUNDERS HALL 1501 STATE STREET, MARSHALL, MN, 56258

    NTEE Category

    Code: B110 - Education

    If you are a representative of Southwest Minnesota State University Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.