NORTHWEST MINNESOTA FOUNDATION Charity Report

Public IRS 990 nonprofit record

NORTHWEST MINNESOTA FOUNDATION

EIN 41-1556013 · Public & Societal Benefit (W110)

What they do

THE NORTHWEST MINNESOTA FOUNDATION INVESTS RESOURCES, FACILITATES COLLABORATION, and PROMOTE PHILANTHROPY to MAKE THE REGION A BETTER PLACE to LIVE and WORK.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $73.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders21 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

67.53%of revenue went to mission work73.7% of expenses · Program services

10.06%of revenue went to fundraising11.0% of expenses

$91.68spent for every $100 of revenueRevenue covered expenses this year.

14.08%of revenue went to management and office costs15.4% of expenses

$10.90in assets for every $1 spent this yearSome assets cannot be spent right away.

48.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $205,483 for KAREN WHITE (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$11,071,050

Mission workProgram services$7,476,67867.53% of revenue73.7% of expenses

ManagementOffice and general costs$1,558,83014.08% of revenue15.4% of expenses

FundraisingAsking for donations$1,114,29810.06% of revenue11.0% of expenses

Revenue left after expensesReported annual surplus$921,2448.32% of revenueShown in gray on the chart

Total expenses$10,149,80691.68% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 73.7% mission · 15.4% management · 11.0% fundraisingTotal expenses: 91.68% of revenue

2023Expense mix: 78.2% mission · 12.8% management · 9.0% fundraisingTotal expenses: 97.76% of revenue

2022Expense mix: 70.7% mission · 25.2% management · 4.1% fundraisingTotal expenses: 112.56% of revenue

2021Expense mix: 79.2% mission · 18.2% management · 2.7% fundraisingTotal expenses: 52.58% of revenue

2020Expense mix: 82.9% mission · 14.7% management · 2.4% fundraisingTotal expenses: 83.62% of revenue

2019Expense mix: 82.1% mission · 14.6% management · 3.3% fundraisingTotal expenses: 94.18% of revenue

2018Expense mix: 82.9% mission · 14.2% management · 2.9% fundraisingTotal expenses: 79.58% of revenue

2017Expense mix: 79.5% mission · 16.3% management · 4.1% fundraisingTotal expenses: 62.80% of revenue

Money in and money out

Revenue$11,071,050

Expenses$10,149,806

Annual surplus $921,244 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$7,476,678 · 73.7% of expenses

Management and office costs$1,558,830 · 15.4% of expenses

Fundraising$1,114,298 · 11.0% of expenses

See all reported dollar amounts

Revenue$11,071,050

Expenses$10,149,806

Assets$110,665,406

Income$18,440,345

Contributions$5,409,181

Mission work (program services)$7,476,678

Fundraising$1,114,298

Grants given$24,786,212

Average grant$19,925

Management and general$1,558,830

Stocks and bonds$93,590,219

Investing fees$466,370

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

KAREN WHITEPRESIDENT · 40 hrs/week $205,483Base $195,698 · Other $9,785

SHANNON MARTINUEAU JESMESENIOR VP OF FINANCE AND ADMIN. · 40 hrs/week $148,117Base $139,050 · Other $9,067

MICHAEL NEUSSERVP OF OPERATIONS · 40 hrs/week $143,217Base $133,432 · Other $9,785

BRENDA BRUGGEMANCONTROLLER · 40 hrs/week $126,642Base $119,474 · Other $7,168

DAWN GANJESVP OF PHILANTHROPY · 40 hrs/week $118,945Base $109,416 · Other $9,529

CORY BOUSHEEDIRECTOR OF PROGRAMS · 40 hrs/week $115,503Base $106,261 · Other $9,242

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (21)

KAREN WHITEPRESIDENT

SHANNON MARTINUEAU JESMESENIOR VP OF FINANCE AND ADMIN.

MICHAEL NEUSSERVP OF OPERATIONS

BRENDA BRUGGEMANCONTROLLER

DAWN GANJESVP OF PHILANTHROPY

CORY BOUSHEEDIRECTOR OF PROGRAMS

TODD BECKELTREASURER (THRU 11/24)

ALISHA EVERWINDDIRECTOR

MIKE LAROQUEDIRECTOR

MICHELLE PAQUINDIRECTOR (THRU 11/24)

KYLE LARSONDIRECTOR

KRISTI THORFINNSONDIRECTOR

KAITLYN GRENIERDIRECTOR (THRU 11/24)

JILL JOHNSONDIRECTOR

JASON CARLSONCHAIR

JACK SWANSONDIRECTOR

DEB ZAKDIRECTOR

CONNIE LINDSTROMTREASURER

CHRISTINE IMBRADIRECTOR

CHERI GUNVALSONSECRETARY

BRUCE REEVESVICE CHAIR

About this charity

Recognized since: January 1986
Location: 201 3RD ST NW, BEMIDJI, MN 55601
County: Lake
In care of: KAREN WHITE
Primary officer: KAREN WHITE, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(218) 759-2057

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: WIPFLI ADVISORY LLC
NTEE classification: Public & Societal Benefit (W110)
Grant-giving organization: Yes