SOUTHWEST MINNESOTA PRIVATE INDUSTRY

MARSHALL, MN, 56258 (507) 476-4060 Est. 1984 EIN 41-1487964

J30Z - Employment 990 - Public charity return 501(c)(3)

Mission

BUILDING TOMORROW'S WORKFORCE THROUGH TRAINING, LEADERSHIP, AND ECONOMIC DEVELOPMENT.

Total Revenue

$4,524,273

Total Expenses

$4,437,249

Net Assets

$1,453,902

192 employees 8 volunteers

From latest filing (tax period ending 2025-06-30)

Operating Reserve

3.9 months Adequate

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 30.6%

Expenses ↑ 33.1%

Revenue Sources

Contributions 98.7% Earned revenue 0.7% Investment 0.4%

Expense Breakdown

Program 90.1% Management 9.9%

Individual compensation is available on Grow plans.

Looking for funders for your nonprofit? Sign up free to find foundations open to applications.

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jul 1, 2024 to Jun 30, 2025	$4,524,273 ↑	$4,437,249	$1,453,902
2023 990 - Public charity return Jul 1, 2023 to Jun 30, 2024	$3,465,077 ↑	$3,332,779	$1,366,878
2022 990 - Public charity return Jul 1, 2022 to Jun 30, 2023	$3,394,838 ↑	$3,391,072	$1,234,580
2021 990 - Public charity return Jul 1, 2021 to Jun 30, 2022	$3,360,969 ↑	$3,255,163	$1,230,814
2020 990 - Public charity return Jul 1, 2020 to Jun 30, 2021	$3,271,504 ↓	$3,152,433	$1,125,008
2019 990 - Public charity return Jul 1, 2019 to Jun 30, 2020	$3,325,535 ↓	$3,283,440	$1,005,937
2017 990 - Public charity return Jul 1, 2017 to Jun 30, 2018	$3,477,010	$3,464,285	$901,967