Mother and her two children standing on a bridge

Financial and Annual Reports

It's our mission to end hunger together. Central to that work is transparency and accountability. Learn more here and join us today.

At Second Harvest Heartland, we take our work seriously, as we’re accountable to fill fridges when times get tough.

As one of the largest, most efficient and innovative food banks in the country, we're the engine that fuels our region's hunger relief efforts. But only if all the pieces are working together: oversight and regulation, partnerships grounded in safety and reliability, and strong public hunger-fighting policies. That, along with continued support from the community, from volunteers, from donors, is how we'll end hunger together.

 

Revenue and Expenses pie charts

 

Annual Community Reports

Our Annual Community Report contains key information about our many programs and projects that help those who are hungry every day. You’ll also find feature stories about important and inspiring partners, a quick snapshot of financial performance, listings of our largest food and financial donors and the stat that matters most: the number of meals you’ve helped us provide to our neighbors in need.

To download an annual report, right-click on a link below and select "Save Link As…" or "Save Target As…" to save the file. Choose a destination to save your file and click on the Save button. Or, simply click the link to view in your browser.

 

A word from the Second Harvest Heartland board on financial stewardship

Dear Neighbors,

We’re grateful for the passion you bring to ending hunger in Minnesota. Our charge as board members is to help Second Harvest Heartland deliver grocery help today while building a long-term, community-wide effort to reduce food insecurity for good.

The board takes seriously the responsibility of supporting this bold mission. We’re focused on building an organization with the strength and vision to deliver lasting impact.

We welcome your interest in how we steward the mission and the resources entrusted to us, including how we approach executive compensation. We regularly and rigorously review compensation and food bank spending to ensure our investments align with the mission and adapt to the needs of the moment, both challenges and opportunities. This work is done with a clear focus on adapting as needed, supporting the Second Harvest team and best serving our community.

Below, you’ll find answers to some of the questions we know are top of mind as we work together to meet this moment.

Thank you for your interest and partnership.

Second Harvest Heartland Board of Directors, Executive Committee

The Board regularly reviews compensation and food bank spending, ensuring our decisions align with the mission and evolve with the needs of the moment. Our rigorous process includes evaluating executive compensation based on market conditions, peer benchmarks, third-party input, and the exceptional talent we have and want to retain. As things evolve, we stay focused on being flexible, supporting the Second Harvest Heartland team, and making decisions that prioritize our community.

Our interim CEO’s total target compensation is in line with other large nonprofits and food banks across the country at around $450k annually. This figure matches her unique experiences and keeps us responsive to new budget pressures.

Here are a few examples of our values in action:

  • More than 90 percent of every dollar we spend goes toward food and hunger relief programming.
  • Less than 4 percent of our budget is spent on general and administrative expenses.
  • Our CEO to entry level-employee ratio is 9:1, meaning our CEO makes 9 times what our lowest paid employee earns. The national average for this ratio is 268:11 and in Minnesota it is 180:12.

We have a big mission, and we take seriously the responsibility that brings. Second Harvest Heartland is the second largest food bank in the nation and the backbone of the Midwest’s hunger-relief network. Tackling the significant challenges of this moment takes the right leaders with the right experiences.  

  • In 2024, we distributed more than 145 million meals to over 1,000 food shelf partners and programs.  
  • The headwinds are only strengthening as the demand for grocery help keeps growing.  
  • Recent cuts to state and federal emergency food funding have made our work more important than ever.

Other Reports