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Person · officer / director

Matt Varilek

President (former) · Initiative Foundation

President (former) at Initiative Foundation. Listed as an officer, director, or key employee across 3 organizations on the Form 990 record.

Organizations
3
Roles reported
3
Reported compensation
$135K

Who this is

Profile

Everything on the left is verified from the IRS filings. The biography on the right is compiled from public web sources and grounded to that filed record.

✓ Verified from filings
●
Reported as President (former) of Initiative Foundation, based in Little Falls, MN.
●
Received $135K in total reported compensation on the most recent Form 990 (Part VII).
●
Also listed as Trustee of St Cloud State University Foundation INC, uncompensated.
●
Also listed as At-Large Director of Greater St Cloud Development Corporation, uncompensated.
Facts extracted directly from each organization's Form 990, Part VII.
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Affiliations

Organizations

Linked as the same person by IRS Schedule R, a shared officer mailing address, or shared fellow board members.

Initiative Foundation President (former) · $10.0M revenue · Little Falls, MNTO EMPOWER PEOPLE TO BUILD THRIVING COMMUNITIES AND A VIBRANT REGION ACROSS CENTRAL MINNESOTA.pay $200K → $135KFiled FY2023 · Source: Form 990, Part VII
$135Kreported comp
St Cloud State University Foundation INC Trustee · $4.6M revenue · Saint Cloud, MNTHE FOUNDATION SERVES STUDENTS, FACULTY, AND STAFF OF ST. CLOUD STATE UNIVERSITY THROUGH CHARITABLE GIFTS.Filed FY2022 · Source: Form 990, Part VII
Greater St Cloud Development Corporation At-Large Director · $1.4M revenue · Saint Cloud, MNTO LEAD ECONOMIC DEVELOPMENT FOR THE BENEFIT OF THE GREATER ST CLOUD COMMUNITYFiled FY2022, FY2021, FY2020 · Source: Form 990, Part VII

Network

Serves alongside

Other officers, directors & key employees at this person's organizations, by latest reported compensation.

N
Executive Director - Part Year · FY2024
$207K
L
COO/CFO/Treasurer (former) · FY2023
$205K
N
President · FY2024
$178K
D
Vice President for Communi · FY2023
$146K
J
Vice President for Entrepreneurship · FY2020
$117K
L
Business Development Director · FY2020
$110K
B
President · FY2023
$109K
C
Director of Finance · FY2024
$105K
M
CFO · FY2023
$103K
P
Past President · FY2023
$75K
K
Trustee/Chair · FY2023
D
Trustee/Vice-Chair · FY2023

Network

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Public data from IRS Form 990 e-file & the Business Master File. Individuals appear here because they were named as an officer, director, or key employee on a nonprofit's Form 990; people are grouped by name plus corroborating evidence (Schedule R, shared address, shared board members). · philanthropy.org