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Southwestern Minnesota Opportunity Council Inc
Community Development · Worthington, Minnesota
Po Box 787, Worthington, MN 56187-0787
EIN: 416050245· Founded: Apr 1966· 60 years active· Filing Year: 2023
Annual Revenue
$6.8M
Total Expenses
$6.7M
Total Assets
$5.6M
Program Spending
23%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$85K
1.3% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$2.8M
Total Payroll
$2.9M
44% of total expenses
Where the Money Goes
23%
Programs: 23%
Payroll: 44%
Other overhead: 77%
Program Revenue$1.5M (22%)
Total Expenses$6.7M (98%)
Payroll$2.9M (44%)
Overhead (non-program)77%
Trust Score Breakdown
Program Spending Ratio
23% of expenses go to programs
Revenue & Stability
$6.8M annual revenue
Executive Compensation
$85K total officer comp (1.3% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$5.6M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.