Midwest Food Bank Nfp

Normal, Illinois - EIN 41-2120170 - Latest filing: fiscal 2025 (Jan 1, 2025 - Dec 31, 2025)

HOW TO READ THIS PAGE

How to read this page: every figure below is from the fiscal-2025 Form 990, filed May 14, 2026. People named below are shown as reported on the fiscal-2025 Form 990, filed May 14, 2026 - the filing is a snapshot of that fiscal year, not a list of current officeholders.

THE FILING IN ONE PARAGRAPH

Midwest Food Bank Nfp reported $579,032,442 in revenue and $569,275,925 in expenses in fiscal 2025, a surplus of $9,756,517 for the year. Program services took $565,734,099 of expenses, or 99.4%. The organization closed the year with $93,145,481 in net assets - about 2.0 months of expenses at the fiscal-2025 spending level.

At a Glance - Fiscal 2025

All values are fiscal 2025 unless a tile says otherwise.

TOTAL REVENUE - FISCAL 2025
$579,032,442

Up 4.0% from $556,728,681 in fiscal 2024.

TOTAL EXPENSES - FISCAL 2025
$569,275,925

Revenue minus expenses: $9,756,517 in fiscal 2025.

PROGRAM EXPENSE SHARE - FISCAL 2025
99.4%

$565,734,099 of $569,275,925 went to program services.

NET ASSETS - END OF FISCAL 2025
$93,145,481

Total assets $96,202,837 minus total liabilities $3,057,356.

TOP EXECUTIVE PAY - FISCAL 2025
$418,272

Eric Hodel, CEO, as reported on the fiscal-2025 Form 990, filed May 14, 2026. Total across all compensation columns.

PEOPLE REPORTED - FISCAL 2025
84 Employees

Plus 37,047 volunteers reported on the fiscal-2025 Form 990.

Money In, Money Out - Fiscal 2025

Revenue and expenses as reported on the fiscal-2025 Form 990, filed May 14, 2026. Donated goods are separated from cash so food and supply donations do not read as cash income.

Where the Money Went - Fiscal 2025

Program Services$565,734,099 (99.4%)
Fundraising$1,487,735 (0.3%)
Management and General$2,054,091 (0.4%)

Management and general is the figure reported on the filing (Part IX total); where a filing does not carry it, it is computed as the residual of total expenses minus program and fundraising expenses. Cost to raise a dollar in fiscal 2025: $0.00 - $1,487,735 in fundraising expenses divided by $578,320,761 in total contributions. On cash contributions only: $0.06.

Where the Money Came From - Fiscal 2025

SourceFiscal 2025
Total Contributions$578,320,761
Of Which Cash Contributions$23,884,478
Of Which Donated Goods (Noncash)$554,436,283
Federated Campaigns$49,500
Fundraising Events$1,712,970
Government Grants$1,083,291
All Other Contributions$575,475,000
Program Service Revenue$23,607
Investment Income$480,901
Other Revenue$207,173
Total Revenue (All Sources)$579,032,442

Donated Goods Are a Large Share Here

For this organization, donated goods were $554,436,283 of $578,320,761 in contributions in fiscal 2025 - a large share of reported contributions is goods valued in dollars, not cash. The cash and noncash split is shown above, and any cost-to-raise-a-dollar figure is shown both ways.

Reserves and Balance Sheet - Fiscal 2025

Reserves and Runway

2.0 Months

of reserves - $93,145,481 in net assets at the end of fiscal 2025, divided by average monthly expenses of about $47,439,660 in fiscal 2025.

Net assets can include donor-restricted funds, buildings and other assets that cannot be spent like cash. Treat months of reserves as a scale measure, not as cash in the bank.

Balance Sheet - End of Fiscal 2025

Total Assets$96,202,837
Total Liabilities$3,057,356
Liabilities as Share of Assets3.2%
Net Assets$93,145,481

Leadership Pay - Fiscal 2025

Pay is the summed total across all compensation columns on the Form 990 - pay from the organization, pay from related organizations, and other compensation. People are shown as reported on the fiscal-2025 Form 990, filed May 14, 2026.

Name and Title, as ReportedTotal Pay - Fiscal 2025Share of Expenses
Eric Hodel - CEO$418,2720.07%
Jada Hoerr - Cro$216,3780.04%
Patrick Burke - Coo/executive Director$188,4850.03%
Lisa Sollberger - Cfo/executive Director$165,1070.03%
Mike Swartz - Executive Director$138,3550.02%

The full Part VII table lists every officer, director, trustee and key employee named on the filing, with hours and the same summed total. Compensation is reported for the calendar year ending within the fiscal year, per the Form 990.

Board and Governance - Fiscal 2025

Board and policy answers as reported on the fiscal-2025 Form 990, filed May 14, 2026.

Board Roster - as Reported on the Fiscal-2025 Form 990

12 voting members, 12 independent - independence count as reported on the fiscal-2025 Form 990.

Name, as ReportedRole, as Reported
Eric HodelCEO
Jada HoerrCro
Patrick BurkeCoo/executive Director
Lisa SollbergerCfo/executive Director
Mike SwartzExecutive Director
David KieserPresident
Bill LemanVice President
Ann KaferSecretary
Dave HodelDirector
Jim GapinskiDirector
Trent SchollDirector
Eric SheldahlDirector
Brandon LippsDirector
Matt KeesDirector
Arthur NealDirector
Kellie BrayDirector
Aaron KlopfensteinDirector

Governance Policy Flags - Fiscal 2025

Conflict of Interest PolicyYes - Reported
Whistleblower PolicyYes - Reported
Document Retention PolicyYes - Reported
Audited Financial StatementsYes - Reported
Audit CommitteeYes - Reported
Board Size and Independence12 voting / 12 independent

Flags report what the organization answered on the Form 990. A Yes means the policy was reported on the filing; it is not an outside review of how the policy works in practice.

Grants - Fiscal 2025

Grants Made - Fiscal 2025

This organization reported $8,711 in grants paid in fiscal 2025.

Trend - Revenue

Years are shown only where a filing is held. Missing years are absent, never filled in.

FY24 FY25
Revenue, fiscal 2024 to fiscal 2025 - the two years held on this record.
Fiscal YearRevenueChange
Fiscal 2024 (Prior-Year Column on the Fiscal-2025 Filing)$556,728,681-
Fiscal 2025$579,032,442+4.0%

This table grows to a 10-year view (revenue, expenses, net assets and top pay) as earlier filings for this organization are added to the record. Missing years are absent, never filled in.

Filings on Record

Tax PeriodFormStatusSource
Jan 1, 2025 - Dec 31, 2025Form 990In Force - Filed May 14, 2026Original Filing at the IRS

If an amended return is filed, the newest amended return supersedes the earlier one and the table marks which filing is in force.

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