Three Rivers Community Action Inc
- Assets
- $41.2m
- Revenue
- $22.5m
- Investments
- $0.0
- Employees
- 219
- Location
- Zumbrota, MN
- Founding
- 08/1966
- Data as of
- 12/2023
- EIN
- 41-0906178
Organization Overview
Three Rivers Community Action Inc is located in Zumbrota, MN. The organization was established in 1966. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Three Rivers Community Action Inc employed 219 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Three Rivers Community Action Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Three Rivers Community Action Inc generated $22.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $19.7m during the year ending 12/2023. While expenses have increased by 8.1% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Three Rivers Community Action Inc has awarded 47 individual grants totaling $4,991,642. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
WORKING WITH COMMUNITY PARTNERS TO ADDRESS BASIC HUMAN NEEDS
Describe the Organization's Program Activity:
COMMUNITY DEVELOPMENT:PROVIDED A CONTINUUM OF HOUSING SERVICES AND ASSISTANCE TO LOW-INCOME FAMILIES; PROVIDED HOME OWNERSHIP COUNSELING AND FINANCIAL EDUCATION TO 289 HOUSEHOLDS; WEATHERIZED 25 HOMES, INSTALLED 20 NEW FURNACES, AND PROVIDED STANDALONE WATER HEATERS IN 11 HOMES; ASSISTED 1,869 HOMES WITH ENERGY RELATED REPAIRS; ASSISTED 5,743 HOUSEHOLDS WITH ENERGY ASSISTANCE; ASSISTED 898 HOUSEHOLDS WITH ASSITANCE PAYING WATER BILLS; PROVIDED ENERGY AND WATER CRISIS ASSISTANCE TO 2,923 HOMES; PROVIDED HOMELESS PREVENTION AND ASSISTANCE TO 256 HOUSEHOLDS; PROVIDED TRANSITIONAL HOUSING AND RAPID REHOUSING TO 46 HOUSEHOLDS; PROVIDED PERMANENT SUPPORTIVE HOUSING TO 13 HOUSEHOLDS; PROVIDED SNAP FOOD STAMP OUTREACH TO 385 HOUSEHOLDS; PROVIDED GENERAL AND HOUSING INFORMATION AND REFERRAL, EDUCATION, OUTREACH ACTIVITIES, ADVOCACY INFORMATION TO LOW-INCOME HOUSEHOLDS IN GOODHUE, OLMSTED, RICE, AND WABASHA COUNTIES.
HOUSING DEVELOPMENT:ASSISTED 19 HOUSEHOLDS WITH GAP FINANCING; MANAGED 646 AFFORDABLE RENTAL UNITES: DEVELOPED 68 AFFORDABLE RENTAL UNITS.OLDER ADULT SERVICES:PROVIDED 36,518 MEALS TO OLDER ADULTS AND DISABLED CLIENTS AND PROVIDED SERVICES TO 355 OLDER ADULTS AND CAREGIVERS.HOUSING RENTAL: OPERATED 643 RENTAL HOUSING UNITS TO PROVIDE AFFORDABLE HOUSING TO LOW- AND MODERATE-INCOME HOUSEHOLDS.
TRANSPORTATION: PROVIDED 195,601 PUBLIC TRANSIT RIDES AND PROVIDED 2,900 VOLUNTEER RIDES.
EARLY CHILDHOOD/HEAD START:PROVIDED EARLY CHILDHOOD/HEAD START SERVICES TO 184 CHILDREN AND THEIR FAMILIES; PROVIDED EARLY HEAD START HOME VISITING SERVICES TO 49 FAMILIES OF CHILDREN AGED BIRTH TO 3; PROVIDED EARLY CHILDHOOD CHILDCARE SERVICES TO 18 CHILDREN AGED BIRTH TO 3.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Galen Malecha Chair | OfficerTrustee | 0.5 | $0 |
Jodi Johnson First Vice Chair | OfficerTrustee | 0.5 | $0 |
Heather Robins Second Vice Chair | OfficerTrustee | 0.5 | $0 |
Ruth Boudet Secretary | OfficerTrustee | 0.5 | $0 |
Julie Mettille Steberg Treasurer | OfficerTrustee | 0.5 | $0 |
Jo Anne Krier Board Member | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Title Services Closing Costs For Multi-family Developme | 12/30/23 | $2,837,491 |
Semcac Inc Meals For Seniors And Children, Homeless | 12/30/23 | $871,199 |
Rochester Title And Escrow Company Closing Costs For 4 Plex | 12/30/23 | $590,186 |
Kwik Trip Gasoline For Public Transportation | 12/30/23 | $348,087 |
K And M Heating Inc Weatherization For Client Homes | 12/30/23 | $172,344 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $29,500 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $14,662,524 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,558,026 |
| Noncash contributions included in lines 1a–1f | $410,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,250,050 |
| Total Program Service Revenue | $5,075,909 |
| Investment income | $213,032 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$42,910 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $22,496,081 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $818,327 |
| Grants and other assistance to domestic individuals. | $2,156,057 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $356,457 |
| Compensation of current officers, directors, key employees. | $35,645 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,001,894 |
| Pension plan accruals and contributions | $214,757 |
| Other employee benefits | $2,515,207 |
| Payroll taxes | $486,731 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,848 |
| Fees for services: Accounting | $66,731 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $42,406 |
| Advertising and promotion | $16,598 |
| Office expenses | $274,093 |
| Information technology | $118,355 |
| Royalties | $0 |
| Occupancy | $590,616 |
| Travel | $195,573 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $281,422 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,316,108 |
| Insurance | $171,424 |
| All other expenses | $86,819 |
| Total functional expenses | $19,731,475 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,309,041 |
| Savings and temporary cash investments | $897,041 |
| Pledges and grants receivable | $1,899,750 |
| Accounts receivable, net | $1,344,765 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,143,250 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $179,376 |
| Net Land, buildings, and equipment | $2,900,680 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $23,539,826 |
| Total assets | $41,213,729 |
| Accounts payable and accrued expenses | $2,460,917 |
| Grants payable | $0 |
| Deferred revenue | $755,164 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $18,757,413 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $544,979 |
| Total liabilities | $22,518,473 |
| Net assets without donor restrictions | $18,695,256 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $41,213,729 |
Grants Awarded
Over the last fiscal year, Three Rivers Community Action Inc has awarded $818,327 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
MINNESOTA VALLEY ACTION COUNCIL INC PURPOSE: HOMELESS HOUSING SERVICES | $136,158 |
SEMCAC INC PURPOSE: HOMELESS HOUSING SERVICES, EARLY CHILDHOOD HOME VISITS | $668,259 |
COMMUNITY ACTION CENTER OF NORTHFIELD PURPOSE: HOMELESS PREVENTION | $13,910 |