Overview
What is Southwest Initiative Foundation?
The Southwest Initiative Foundation is a nonprofit organization dedicated to fostering connections, investing in innovative ideas, and constructing thriving communities. With a diverse 12-member board of directors, the foundation ensures representation from various geographic locations, professions, races, ethnicities, and backgrounds. Its integrated approach to community impact, economic development, and philanthropy aims to create stronger, more resilient communities across the board.
Official website here: www.swifoundation.org
Is Southwest Initiative Foundation legitimate?
Southwest Initiative Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwest Initiative 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: $491,149
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,330,118
For more financial information, click here
Official website here: www.swifoundation.org
What is the mission statement of Southwest Initiative Foundation?
The Southwest Initiative Foundation plays a pivotal role in connecting individuals, supporting innovative concepts, and fostering community development. With a diverse board of 12 volunteers, the organization bridges gaps and promotes equitable progress. Through a synchronized approach, its community impact, economic development, and philanthropy efforts aim to strengthen communities.
Official website here: www.swifoundation.org
Who is the CEO of Southwest Initiative Foundation?
Scott Marquardt is the President/Ceo of Southwest Initiative Foundation. The CEO's salary of Southwest Initiative Foundation is $174,139 and their total compensation is $208,921.
Official website here: www.swifoundation.org
What is the revenue of Southwest Initiative Foundation?
Southwest Initiative Foundation's revenue in 2022 was $19,655,047.
Official website here: www.swifoundation.org
Who are the executives of Southwest Initiative Foundation and what are their salaries?
The average compensation at Southwest Initiative Foundation during 2022 was $70,049. There are 26 employees and 300 volunteers at Southwest Initiative Foundation.
Here are 15 key members and their salaries (Southwest Initiative Foundation's CEO's salary is $174,139 and their total compensation is $208,921):
- Diana D Anderson (President/Ceo)
- Scott Marquardt (Sr. Vice President)
- Margie Nelsen (Cfo)
- Teresa Peterson (Board Member) [Trustee/Director]
- Patti Loehr-Dols (Chair) [Trustee/Director]
- Randy Reinke (Past Chair) [Trustee/Director]
- Mary Christine Rock (Vice Chair) [Trustee/Director]
- Daniel Greve (Treasurer) [Trustee/Director]
- Terry B Gaalswyk (Secretary) [Trustee/Director]
- Tom Brakke (Board Member) [Trustee/Director]
- Abdirizak Mahboub (Board Member) [Trustee/Director]
- Erica Volkir (Board Member) [Trustee/Director]
- Kathy Wehking (Board Member) [Trustee/Director]
- Ben Wilcox (Board Member) [Trustee/Director]
- Theresa Zaske (Board Member) [Trustee/Director]
Official website here: www.swifoundation.org
Where can I find the form 990 for Southwest Initiative Foundation?
The Southwest Initiative Foundation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.swifoundation.org
Learn more at the official website: www.swifoundation.org
Mission Statement of Southwest Initiative Foundation
The Southwest Initiative Foundation, with its mission, takes on the role of connecting people, investing in innovative concepts, and contributing to community development. Based in Minnesota, this organization boasts a 12-member volunteer board, whose diverse backgrounds, ethnicities, professions, and geographic locations mirror the communities they serve.
The Southwest Initiative Foundation's approach to creating stronger communities is threefold: community impact, economic development, and philanthropy. By connecting people, they facilitate collaborations and partnerships that address local challenges and foster growth. Investing in ideas involves providing financial support and resources to projects and initiatives that have the potential to positively impact their communities. Lastly, building communities is achieved through their various programs and grants, which contribute to the overall development and improvement of the areas they serve.
The foundation's volunteer board members play an integral role in shaping the organization's vision and ensuring it remains responsive to the needs of the communities they serve. Their comprehensive approach allows for a more holistic and sustainable impact on the local regions, ultimately contributing to the well-being and progress of the people within them.
Impact
This information is meant to be a general summary of Southwest Initiative Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Southwest Initiative Foundation's impact can be seen in its commitment to connecting people, investing in ideas, and building communities. Through its comprehensive approach to community impact, economic development, and philanthropy, the foundation plays a significant role in helping to build stronger communities. With a diverse board of directors representing various backgrounds and geographic locations, Southwest Initiative Foundation is able to make a meaningful impact on community improvement in Hutchinson, MN, and beyond.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST INCOME
Revenue
$662,742
OTHER PROGRAM INCOME
Revenue
$44,744
LOAN ADMIN FEES
Revenue
$10,361
Organization Details
Founding Year
1986
Phone
(320) 587-4848
Principal Officer
Scott Marquardt
Main Address
15 3RD AVE NW, HUTCHINSON, MN, 55350
Website
www.swifoundation.org
NTEE Category
Code: S400 - Community improvement
If you are a representative of Southwest Initiative 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.