13F-HR 1 comp3q09.txt COMPASS CAPITAL MANAGEMENT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2009 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Compass Capital Management Inc. Address: 706 Second Avenue South, Ste 400 Minneapolis, MN 55402 13F File Number: 28-05098 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: David M. Carlson Title: Principal/Founder Phone: 612- 338-4051 Signature, Place, and Date of Signing: /s/ David M. Carlson Minneapolis, MN November 02, 2009 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form13F Information Table Entry Total: 58 Form13F Information Table Value Total: $266,480 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 3M CO COM 88579Y101 306 4148 SH SOLE 0 0 4148 ABBOTT LABS COM 002824100 379 7664 SH SOLE 0 0 7664 ACCENTURE PLC IRELAND SHS CLASS A G1151C101 8503 228157 SH SOLE 0 0 228157 American New Perspective - A EQ MF 648018109 210 8527 SH SOLE 0 0 8527 AUTOMATIC DATA PROCESSING IN COM 053015103 8091 205879 SH SOLE 0 0 205879 BEMIS INC COM 081437105 7686 296635 SH SOLE 0 0 296635 BERKSHIRE HATHAWAY INC DEL CL A 084670108 3636 36 SH SOLE 0 0 36 BERKSHIRE HATHAWAY INC DEL CL B 084670207 950 286 SH SOLE 0 0 286 BP PLC SPONSORED ADR 055622104 322 6044 SH SOLE 0 0 6044 CHEVRON CORP NEW COM 166764100 443 6285 SH SOLE 0 0 6285 CISCO SYS INC COM 17275R102 9531 404904 SH SOLE 0 0 404904 COMCAST CORP NEW CL A SPL 20030n200 193 11985 SH SOLE 0 0 11985 CONAGRA FOODS INC COM 205887102 4032 186000 SH SOLE 0 0 186000 CVS CAREMARK CORPORATION COM 126650100 9326 260952 SH SOLE 0 0 260952 DANAHER CORP DEL COM 235851102 8493 126159 SH SOLE 0 0 126159 Dell Inc COM 247025109 7465 489163 SH SOLE 0 0 489163 DEVON ENERGY CORP NEW COM 25179m103 1202 17852 SH SOLE 0 0 17852 Dodge & Cox Stock EQ MF 256219106 3860 41846 SH SOLE 0 0 41846 DONALDSON INC COM 257651109 8234 237784 SH SOLE 0 0 237784 Dreyfus Appreciation EQ MF 261970107 3690 114961 SH SOLE 0 0 114961 EXPEDITORS INTL WASH INC COM 302130109 8165 232288 SH SOLE 0 0 232288 EXXON MOBIL CORP COM 30231g102 1340 19528 SH SOLE 0 0 19528 FEDEX CORP COM 31428X106 9175 121982 SH SOLE 0 0 121982 FRANKLIN RES INC COM 354613101 7266 72223 SH SOLE 0 0 72223 Harbor International EQ MF 411511306 3653 69414 SH SOLE 0 0 69414 HARSCO CORP COM 415864107 627 17695 SH SOLE 0 0 17695 ILLINOIS TOOL WKS INC COM 452308109 8981 210278 SH SOLE 0 0 210278 INTEL CORP COM 458140100 1909 97545 SH SOLE 0 0 97545 INTERNATIONAL BUSINESS MACHS COM 459200101 521 4353 SH SOLE 0 0 4353 ISHARES TR INDEX S&P 500 INDEX 464287200 203 1915 SH SOLE 0 0 1915 Jensen I EQ MF 476313309 3870 173079 SH SOLE 0 0 173079 JOHNSON & JOHNSON COM 478160104 8202 134699 SH SOLE 0 0 134699 KOHLS CORP COM 500255104 6759 118467 SH SOLE 0 0 118467 Loomis Sayles Small Cap Value EQ MF 543495816 305 14748 SH SOLE 0 0 14748 MCDONALDS CORP COM 580135101 5795 101537 SH SOLE 0 0 101537 MEDTRONIC INC COM 585055106 8787 238768 SH SOLE 0 0 238768 MICROSOFT CORP COM 594918104 9206 357934 SH SOLE 0 0 357934 Mutual Beacon Fund EQ MF 628380305 3464 314072 SH SOLE 0 0 314072 Mutual Shares EQ MF 628380107 270 14622 SH SOLE 0 0 14622 OMNICOM GROUP INC COM 681919106 9116 246771 SH SOLE 0 0 246771 PEPSICO INC COM 713448108 8150 138938 SH SOLE 0 0 138938 PFIZER INC COM 717081103 193 11677 SH SOLE 0 0 11677 PRAXAIR INC COM 74005P104 2114 25873 SH SOLE 0 0 25873 PROCTER & GAMBLE CO COM 742718109 8186 141337 SH SOLE 0 0 141337 Royce Premier Fund EQ MF 780905600 5238 331121 SH SOLE 0 0 331121 Royce Premier Fund 1 EQ MF 780905600 1361 86054 SH SOLE 0 0 86054 SHERWIN WILLIAMS CO COM 824348106 6244 103792 SH SOLE 0 0 103792 SIGMA ALDRICH CORP COM 826552101 6680 123743 SH SOLE 0 0 123743 STRYKER CORP COM 863667101 8907 196053 SH SOLE 0 0 196053 SYSCO CORP COM 871829107 8137 327464 SH SOLE 0 0 327464 TARGET CORP COM 87612E106 437 9362 SH SOLE 0 0 9362 TECHNE CORP COM 878377100 1933 30896 SH SOLE 0 0 30896 US Bancorp COM 902973106 782 35766 SH SOLE 0 0 35766 Vanguard Institutional Index F EQ MF 922040100 5381 55578 SH SOLE 0 0 55578 Vanguard Intl Growth EQ MF 921910204 3589 216457 SH SOLE 0 0 216457 WAL MART STORES INC COM 931142103 7590 154614 SH SOLE 0 0 154614 Wasatch Small Cap Growth Fund EQ MF 936772102 6411 224250 SH SOLE 0 0 224250 WELLS FARGO & CO NEW COM 949746101 981 34800 SH SOLE 0 0 34800