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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.

This is me
Organizations
3
Roles reported
3
Reported compensation
$135K

Who this is

Profile

The filed facts are verified from the IRS filings. The biography 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