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SOUTHERN MINNESOTA INITIATIVE FOUNDATION
SOUTHERN MINNESOTA INITIATIVE FOUNDATION
MN · Community Development · EIN 363454285
4
Executives Disclosed
$8.4M
Annual Revenue
$75.9M
Total Assets
SOUTHERN MINNESOTA INITIATIVE FOUNDATION has 4 executives with disclosed compensation. The highest-paid executive, Timothy Penny (PRESIDENT/CEO), received peak total compensation of $195,207. The sector average for Community Development executives is $172K.
Top Executive Compensation Over Time
Executive Compensation
| Name | Title | Peak Comp. | Latest Comp. | Years | vs. Household |
|---|---|---|---|---|---|
| Timothy Penny | PRESIDENT/CEO | $195K | $197K | 2016–2022 | 2.6x |
| Brian Conzemius | VICE PRESIDENT/CFO | $146K | $0 | 2016–2022 | 1.9x |
| Pamela Bishop | VP OF ECONOMIC DEVELOPMENT | $136K | $0 | 2016–2022 | 1.8x |
| Rae Jean Hansen | VP OF EARLY CHILDHOOD | $126K | $0 | 2022–2022 | 1.7x |
Annual Summary
| Year | Executives | Avg. Comp. | Highest Comp. | Total Payroll |
|---|---|---|---|---|
| 2016 | 3 | $191K | $191K | $191K |
| 2017 | 3 | $193K | $193K | $193K |
| 2018 | 3 | $195K | $195K | $195K |
| 2019 | 3 | $194K | $194K | $194K |
| 2020 | 3 | $196K | $196K | $196K |
| 2021 | 3 | $197K | $197K | $197K |
| 2022 | 4 | $197K | $197K | $197K |
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