Skip to content
Governance Register
US nonprofit · EIN 237108470 · Marshall, MNiSource and licenceOrganisation record IRS Exempt Organizations Business Master File (EIN 237108470) - NTEE activity code, address.Board and officers IRS Form 990 annual filings, Part VII (directors, trustees, officers, key employees), read year by year to observe tenure.Latest return IRS Form 990 series e-file data - 990 for the year to 30 June 2025: assets, liabilities, staff, website, telephone, pay, grants paid (Schedule I).Renewal outlook Computed by Governance Register from the observed filing history and filed revenue (us-approach-v4-clean). Not a statement that the organisation is recruiting.Deductibility IRS Publication 78 data (code PC), downloaded 18 October 2026.Licence US Federal Government public domain.How we handle data

Southwest Minnesota State University Foundation Inc Smsu FDN's network

14 people2 organisationsi14 people and 2 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (14). Violet dotted lines (2) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.

The board

14 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record.
NameRole as filedSinceOn the board
Brian KnochenmusDirector2021
5 yrs
Dorene Kronke-McCourtDirector2019
7 yrs
Duane CarrowDirector2019
7 yrs
Jason HoffmanDirector2023
3 yrs
Jerry BLYDirector2024
2 yrs
Jim FuhrmannDirector2023
3 yrs
Joe RoersDirector2019
7 yrs
Julie BleyhlDirector2019
7 yrs
Lee FrenchDirector2019
7 yrs
Neal WahlmanDirector2020
6 yrs
Robert GuntherDirector2023
3 yrs
Timothy BurnsDirector2019
7 yrs
Tina CartwrightDirector2019
7 yrs
Tyler BowenDirector2023
3 yrs
Under 5 years5 to 6 years6 years or moreShow all 14 →

Officers and senior leadership

8 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.
NameTitle as filedOn the filings
Ann Roemen1st VICE PRE2021
Brad BaconPresident2024
Brian KnochenmusPast Presidesince 2019
Bruce Saugstad2nd Vice Presince 2019
Cindy Verschaetse2nd Vice Presince 2023
Dave WerpyPresidentsince 2019
Jerry BLYPresidentsince 2019
Kristi MukomelaSecretary/Trsince 2019

Pay and hours

year to 30 June 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.
NameTitle as filedHours a weekPay from the organisationRelated organisationsOther
Al AndersonDirector$0
Kristi Mukomela1st Vice Pre$0
Julie BleyhlDirector$0
Tina CartwrightDirector$0
Jerry Bly2nd Vice Pre$0
Steve BinderDirector$0
Cindy VerschaetseSecretary/Tr$0
Summer DayDirector$0
Dave WerpyPast Preside$0
Brad BaconPresident1$0
Duane CarrowDirector$0
Joe RoersDirector$0
Neal WahlmanDirector$0
Tyler BowenDirector$0
Jasmine DesmetDirector$0
Mario HernandezDirector$0
Jason HoffmanDirector$0
Neil KruseDirector$0
Gary RangeDirector$0
Tom SahlstromDirector$0

No pay was reported for anyone in Part VII on this return.

About

Legal name
Southwest Minnesota State University Foundation Inc Smsu FDN
EIN
237108470
Address
1501 State St, Marshall, MN, 56258-3306
State
Minnesota
Mission
To promote southwest minnesota state university and raise money for scholarships for students. (as filed on the Form 990)
Activity (NTEE)
B110 Education
IRS classification
501(c)03 (tax-exempt under section 501(c)(3) where shown)
Classified purpose
Education
Size band
8 (IRS master file code)
Formed
1963
Principal officer
Brad Bacon (as named on the Form 990)
IRS ruling date
1 September 1965
Status
Code 01 (unconditional exemption)
Form 990 filings on record
5, latest 2024
IRS Publication 78
PC (contributions deductible)

Most connected

Longest observed on the filings

≥7years on the filingsDorene Kronke-McCourt
≥7years on the filingsDuane Carrow
≥7years on the filingsJoe Roers
≥7years on the filingsJulie Bleyhl

Latest return

year to 30 June 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 30 June 2025. US dollars, as filed.
Total assets
$40.3m
Total liabilities
$3.6m
Net assets or fund balances
$36.7m
Contributions and grants received
$3.3m
Program service revenue
$365k
Grants and similar paid out
$2.6m
Employees
0
Volunteers
55

Grants paid

1 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.
RecipientPurposeAmount
Southwest St UniverUniversity support$1.2m