Southern Minnesota Initiative Foundation is a charitable organization in Owatonna, Minnesota. Its tax id (EIN) is 36-3454285. It was granted tax-exempt status by IRS in August, 1986. For detailed information such as income and other financial data of Southern Minnesota Initiative Foundation, refer to the following table.
| Organization Name | Southern Minnesota Initiative Foundation |
|---|---|
| Tax Id (EIN) | 36-3454285 |
| Address | 525 Florence Ave, Owatonna, MN 55060-4754 |
| All tax-exempt organizations in zip code 55060 | |
| Tax Period | Asset | Income | Revenue |
|---|---|---|---|
| June, 2013 | $39,952,173 | $16,345,230 | $5,310,246 |
| June, 2014 | $44,003,189 | $18,022,617 | $5,352,098 |
| June, 2015 | $44,475,291 | $14,495,701 | $4,418,168 |
| June, 2016 | $43,744,900 | $19,331,008 | $5,792,854 |
| June, 2017 | $48,959,519 | $20,090,228 | $7,938,479 |
| June, 2018 | $56,088,355 | $20,047,574 | $8,587,215 |
| June, 2019 | $56,553,709 | $49,092,437 | $9,450,833 |
| June, 2020 | $60,294,730 | $24,471,347 | $2,947,582 |
| June, 2021 | $74,043,196 | $38,309,629 | $20,001,758 |
| June, 2022 | $67,371,961 | $53,977,072 | $22,164,085 |
| June, 2023 | $69,745,601 | $26,349,348 | $5,876,900 |
| IRS Exempt Status Ruling Date | August, 1986 |
|---|---|
| Exempt Status | Unconditional Exemption |
| Deductibility | Contributions are deductible |
| Tax Exempt Classification | Community Improvement, Capacity Building |
| Tax Exempt Activity | Economic Development |
| NTEE Code | S30 |
| Organization's purposes, activities, & operations |
Other inner city or community benefit activities
(note: this activity classification has been replaced by the Tax Exempt Classification shown above since 1995.) |
| Foundation Type | Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi) |
| Organization Type | Corporation |
| Organization Classification | Charitable Organization |
| Affiliation | Independent - This organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations). |
| Primary Return(s) Required to File | 990 (all other) or 990EZ return |
| Private Foundation Filing Requirement | No need to 990-PF return |
| Asset Range Reported on Form 990 | $50,000,000 to greater |
| Income Range Reported on Form 990 | $10,000,000 to 49,999,999 |
| Accounting Period | 06 |