This organization files Form 990, which has no section for application policy. Its filings cannot say either way.
The latest filing we hold carries no statement about applications. That is not the same as closed: public-charity Form 990s have no field for it, and many foundations leave the section blank.
Giving by year
Total assets by year
| Year | Form | Revenue | Expenses | Giving | Assets | Net assets |
|---|---|---|---|---|---|---|
| FY2024 | 990 | $149,695,408 | $141,550,968 | $110,271 | $2,441,846,026 | $247,843,338 |
| FY2023 | 990 | $128,720,153 | $108,628,019 | $89,912 | $2,335,249,765 | $240,919,698 |
| FY2022 | 990 | $87,403,819 | $72,413,903 | $93,984 | $2,123,114,393 | $216,555,060 |
| FY2021 | 990 | $78,975,601 | $61,813,507 | $90,650 | $1,639,292,297 | $210,623,120 |
| FY2020 | 990 | $74,850,818 | $62,900,631 | $96,956 | $1,453,374,392 | $198,160,681 |
Figures are as reported on the e-filed return, with no restatement. Fiscal years are the funder's own tax year, labelled by the calendar year the period ends in. A blank line means the return does not carry that figure; a real zero shows as $0. When an amended return replaces an original, every figure here uses the amended return. The original is not shown. Giving is what the funder actually paid out toward its charitable purpose in the year (qualifying distributions on Form 990-PF, charitable disbursements otherwise). Assets are what it holds; giving is what moves.
Recipient focus areas
Where recipients are
Based on the 73% of grant rows we could match to an organization record. The rest stay as reported. The IRS assigns the NTEE category when it grants exemption. It often reflects the original filing, not today's giving.
| Recipient | Purpose | Amount | Year | Source |
|---|---|---|---|---|
| MAGNIFI FINANCIAL FOUNDATIONMELROSE, MN | SUPPORT OF PRIVATE FOUNDATION TO FURTHER THEIR EXEMPT PURPOSE | $85,271 | 2024 | |
Recipients are shown as the funder wrote them on the return. A recipient with a link was matched to an organization record; the rest stay as reported and are never guessed.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Marty Mahowald | VICE CHAIRPERSON | 2.00 | $6,460 |
| Steve Danzl | CHAIRPERSON | 2.00 | $0 |
| Marvin Hinnenkamp | DIRECTOR | 2.00 | $15,900 |
| Lori Nelson | DIRECTOR |
From the officer list on the latest e-filed return. Compensation is as reported there; a blank means the return carries no figure.
| MAGNIFI FINANCIAL FOUNDATIONMELROSE, MN |
| SUPPORT OF PRIVATE FOUNDATION TO FURTHER THEIR EXEMPT PURPOSE. |
| $84,912 |
| 2023 |
| MAGNIFI FINANCIAL FOUNDATIONMELROSE, MN | SUPPORT OF PRIVATE FOUNDATION TO FURTHER THEIR EXEMPT PURPOSE | $83,984 | 2022 |
| CENTRAL MN CREDIT UNION FOUNDATIONMELROSE, MN | SUPPORT OF PRIVATE FOUNDATION TO FURTHER THEIR EXEMPT PURPOSE | $74,338 | 2021 |
| CENTRAL MN CREDIT UNION FOUNDATIONMELROSE, MN | SUPPORT OF PRIVATE FOUNDATION TO FURTHER THEIR EXEMPT PURPOSE | $69,656 | 2020 |
| CENTRACARE HEALTH FOUNDATIONST CLOUD, MN | SUPPORT OF PRIVATE FOUNDATION TO FURTHER THEIR EXEMPT PURPOSE | $25,000 | 2024 |
| ALBANY AREA SCHOOLSALBANY, MN | SUPPORT DISTRICT INITIATIVE | $20,000 | 2020 |
| COLD SPRING AREA BASEBALLCOLD SPRING, MN | SUPPORT TO FURTHER THEIR EXEMPT PURPOSE | $10,000 | 2022 |
| MELROSE AREA SCHOOLSMELROSE, MN | SUPPORT DISTRICT INITIATIVE | $8,812 | 2021 |
| ALBANY AREA SCHOOLSALBANY, MN | SUPPORT DISTRICT INITIATIVE | $7,500 | 2021 |
| CENTRACARE HEALTH FOUNDATIONSAINT CLOUD, MN | SUPPORT INITIATIVES | $7,300 | 2020 |
| 2.00 |
| $12,263 |
| Mark Meyer | DIRECTOR | 2.00 | $13,213 |
| Fred Fleischhacker | TREASURER | 2.00 | $12,050 |
| Luke Godzala | SECRETARY | 2.00 | $9,000 |
| James Gondringer | DIRECTOR | 2.00 | $10,185 |
| Michelle Hudak | SUP COMMITTEE | 2.00 | $2,100 |
| Josh Krupke | SUP COMMITTEE | 2.00 | $1,063 |
| Jonathan Olmscheid | SUP COMMITTEE | 2.00 | $900 |
| Charles Friederichs | CHIEF EXECUTIVE OFFICER | 45.00 | $1,132,433 |
| Nancy Roske | CHIEF ADMIN OFFICER | 45.00 | $387,693 |
| Greg Misterman | CHIEF CREDIT OFFICER | 45.00 | $657,753 |
| Ross Bloomquist | CHIEF EXPERIENCE OFFICER | 45.00 | $463,046 |
| Andrea Kraska | CHIEF OPERATIONS OFFICER | 45.00 | $345,862 |
| Matt Noska | CHIEF PEOPLE OFFICER | 45.00 | $333,395 |
| Theresa Tschumperlin | CUSO CEO | 45.00 | $316,328 |
| Gary Meyer | SVP RETAIL BANKING | 45.00 | $263,898 |
| Jenn Hengel | SVP OF PROJECT MGMT | 45.00 | $206,874 |
| Brad Shafton | SVP OF DIGITAL AND IT | 45.00 | $279,753 |
| Janelle Borgmann | SVP FINANCE | 45.00 | $235,739 |
| Rachel Endrizzi | SVP MARKETING | 45.00 | $296,573 |
| Janel Eibenstiner | SVP BANKING OPERATIONS | 45.00 | $215,572 |
| Rob Schmitt | SVP DIGITAL BANKING | 45.00 | $201,649 |
| Dean Dirkes | MARKET PRES COMM BANKING | 45.00 | $253,383 |
| Stephanie Mayers | FINANCIAL ADVISOR | 45.00 | $446,525 |
| Michael Schwieters | FINANCIAL ADVISOR | 45.00 | $311,489 |
| Nicholas Rahrich | MARKET PRES COMM BANKING | 45.00 | $227,089 |
| Chris Stanley | COMMERCIAL BANKING OFFICER | 45.00 | $211,715 |
Nearest by size, location and giving pattern in the database. Geography weighs heavily. Treat it as a starting list, not a ranking of fit.
Form 990 · FY2023 · period ending Dec 31, 2023IRS bulk XML
Filing id 202421939349301307
Form 990 · FY2022 · period ending Dec 31, 2022
Filing id 202343189349318059
Form 990 · FY2021 · period ending Dec 31, 2021
Filing id 202222779349300112
Form 990 · FY2020 · period ending Dec 31, 2020
Filing id 202122939349300337
Form 990 · FY2019 · period ending Dec 31, 2019
Filing id 202001419349300630
Form 990 · FY2018 · period ending Dec 31, 2018
Filing id 201911359349305851
Form 990 · FY2017 · period ending Dec 31, 2017
Filing id 201831359349302578
Form 990 · FY2016 · period ending Dec 31, 2016
Filing id 201701189349301055
IRS filings are the source for every fact on this page. Nothing a model writes is ever a source; it can only point at a row here.