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THE HORMEL FOUNDATION
THE HORMEL FOUNDATION
MN · Philanthropy & Grantmaking · EIN 410694716
25
Executives Disclosed
$40.8M
Annual Revenue
$1163.7M
Total Assets
3.4:1
Internal Pay Ratio
THE HORMEL FOUNDATION has 25 executives with disclosed compensation. The highest-paid executive, M R Ciota (Director), received peak total compensation of $1,539,030. The sector average for Philanthropy & Grantmaking executives is $213K.
Top Executive Compensation Over Time
Executive Compensation
| Name | Title | Peak Comp. | Latest Comp. | Years | vs. Household |
|---|---|---|---|---|---|
| M R Ciota | Director | $1.5M | $844K | 2020–2024 | 20.5x |
| Z Dong | Director | $468K | $548K | 2020–2020 | 6.2x |
| R R Clarke | Director | $410K | $420K | 2021–2024 | 5.5x |
| A O Atewologun | Director | $314K | $327K | 2020–2023 | 4.2x |
| J M Page | Director | $230K | $245K | 2022–2024 | 3.1x |
| D M Krenz | Director-Part Year | $224K | $237K | 2020–2021 | 3x |
| J L Strickler | Director | $223K | $0 | 2020–2024 | 3x |
| A M Bode | Director-Former | $216K | $337K | 2020–2021 | 2.9x |
| S S Dankert | Assistant Sec-Treas | $204K | $204K | 2020–2024 | 2.7x |
| T J Dankert | Director | $183K | $201K | 2020–2024 | 2.4x |
| R R Pavek | Director | $176K | $184K | 2020–2024 | 2.3x |
| D B Baker | Director | $131K | $0 | 2020–2024 | 1.7x |
| K L Linaker | Director | $122K | $0 | 2024–2024 | 1.6x |
| R G Gentzler | Treasurer | $95K | $0 | 2020–2024 | 1.3x |
| G J Alvarado-Guerrero | Director | $86K | $0 | 2020–2023 | 1.1x |
| S Y Salas-Ramirez | Director | $85K | $0 | 2024–2024 | 1.1x |
| M S Lanke | Director | $74K | $0 | 2020–2024 | 1x |
| B B Rietz | Vice Chair | $40K | $0 | 2020–2024 | 0.5x |
| S T Rizzi | Secretary | $21K | $0 | 2020–2024 | 0.3x |
| M M King | Director | $19K | $0 | 2020–2024 | 0.3x |
| R J Kramer | Director | $16K | $0 | 2020–2024 | 0.2x |
| L J Pfeil | Director | $16K | $0 | 2020–2023 | 0.2x |
| N C Jandragholica | Director | $14K | $0 | 2023–2024 | 0.2x |
| C W Johnson | Director | $13K | $13K | 2020–2022 | 0.2x |
| J W Erichson | Director | $8K | $0 | 2024–2024 | 0.1x |
Annual Summary
| Year | Executives | Avg. Comp. | Highest Comp. | Total Payroll |
|---|---|---|---|---|
| 2020 | 19 | $381K | $978K | $2.7M |
| 2021 | 19 | $358K | $1.1M | $2.5M |
| 2022 | 18 | $372K | $1.3M | $2.6M |
| 2023 | 18 | $412K | $1.5M | $3.3M |
| 2024 | 18 | $350K | $844K | $2.1M |
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