Minnesota Assistance Council For Veterans
- Assets
- $32.4m
- Revenue
- $26.7m
- Investments
- $0.0
- Employees
- 152
- Location
- Saint Paul, MN
- Founding
- 05/1990
- Data as of
- 12/2023
- EIN
- 41-1694717
Organization Overview
Minnesota Assistance Council For Veterans is located in Saint Paul, MN. The organization was established in 1990. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 12/2023, Minnesota Assistance Council For Veterans employed 152 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Assistance Council For Veterans 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, Minnesota Assistance Council For Veterans generated $26.7m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 18.1% each year . All expenses for the organization totaled $19.7m during the year ending 12/2023. While expenses have increased by 16.3% 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, Minnesota Assistance Council For Veterans has awarded 32 individual grants totaling $2,838,112. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ENDING VETERAN HOMELESSNESS IN MINNESOTA
Describe the Organization's Program Activity:
Part 3 - Line 4a
MACV PROVIDED COMPREHENSIVE SERVICES TO 2,654 VETERANS AND THEIR FAMILIES ACROSS MINNESOTA WHO WERE HOMELESS OR AT RISK OF HOMELESSNESS IN 2023. THESE SERVICES ARE FOCUSED IN PROGRAM AREAS OF HOUSING, EMPLOYMENT, AND LEGAL SERVICES AIMED TO HELP THOSE WE SERVE ACHIEVE LONG-TERM HOUSING STABILITY.HOUSING:MACV PROVIDES CASE MANAGEMENT AND DIRECT FINANCIAL ASSISTANCE SERVICES FOR VETERANS THROUGHOUT MINNESOTA. MACV OWNS AND OPERATES OVER 200 UNITS OF TRANSITIONAL AND PERMANENT SUPPORTIVE HOUSING THROUGHOUT MINNESOTA. DURING 2023, MACV AQUIRED NEW MULTI-FAMILY HOUSING PROPERTIES WITH STATE OF MINNESOTA AND PHILANTHROPIC SUPPORT. MACV DEVELOPED TWO NEW GOVERNMENT-FUNDED HOUSING SUBSIDY PROGRAMS TO SUPPORT LONG-TERM HOUSING AFFORDABILITY AND SERVICES NEEDS. ADDITIONAL SERVICES ARE FOCUSED ON LANDLORD ENGAGEMENT, JUSTICE-INVOLVED VETERAN SERVICES, AND HEALTHCARE NAVIGATION TO SUPPORT VETERANS WITH SPECIFIC NEEDS AND BARRIERS IN ACHEIVING HOUSING STABILITY.
LEGAL: MACV DELIVERS LEGAL SERVICES TO VETERANS WHO ARE HOMELESS OR AT RISK OF HOMELESSNESS THROUGH ITS VETLAW PROGRAM FOCUSED ON SUPPORTING OVERCOMING LEGAL BARRIERS TO HOUSING STABILITY. MACV ATTORNEYS AND VOLUNTEER LAWYERS PROVIDED ADVICE AND COUNSEL DIRECTLY TO 958 VETERANS SEEKING ASSISTANCE WITH OVER 1,067 LEGAL MATTERS IN 2023.
OUTREACH: MACV TOOK STEPS TO FURTHER ESTABLISH SEVERAL SPECIALIZED SERVICES AND PROGRAMS DURING 2023 TO ADVANCE OUR EFFORTS TO MEET NEEDS OF VETERANS THAT ARE FOUNDATION TO LONG-TERM HOUSING STABILITY. SPECIFIC PROGRAMS INCLUDE HEALTHCARE NAVIGATION, JUSTICE INVOLVED VETERAN SERVICES, LANDLORD ENGAGEMENT, AND STREET AND SHELTER OUTREACH.
EMPLOYMENT: MACV OPERATES A STATEWIDE EMPLOYMENT PROGRAM AIMED AT SUPPORTING VETERANS IN FINDING MEANINGFUL EMPLOYMENT OPPORTUNITIES AND VOCATION-SPECIFIC TRAINING THAT SUPPORT THEIR LONG-TERM HOUSING STABILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shauna Bednar Treasurer | OfficerTrustee | 1 | $0 |
Arthur Cofield Director | Trustee | 1 | $0 |
Charles Dolson Director | Trustee | 1 | $0 |
Jessica Atherton Director | Trustee | 1 | $0 |
Kristine Lord-Krahn Vice-Chair | Trustee | 1 | $0 |
Trista Matascastillo Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Esa Management Llc Lodging Assistance | 12/30/23 | $752,475 |
Snelling Lodge Lodging Assistance | 12/30/23 | $454,070 |
Jd Roofing & Construction Inc Lodging Assistance | 12/30/23 | $243,686 |
J Becher & Associates Lodging Assistance | 12/30/23 | $219,941 |
Top Flyght Protection Lodging Assistance | 12/30/23 | $139,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $47,838 |
| Related organizations | $0 |
| Government grants | $19,993,879 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,382,155 |
| Noncash contributions included in lines 1a–1f | $160,807 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,423,872 |
| Total Program Service Revenue | $723,131 |
| Investment income | $98,088 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$46,530 |
| Net Income from Fundraising Events | -$16,974 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $26,731,640 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $407,028 |
| Compensation of current officers, directors, key employees. | $296,606 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,526,298 |
| Pension plan accruals and contributions | $261,579 |
| Other employee benefits | $912,312 |
| Payroll taxes | $538,964 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,645 |
| Fees for services: Accounting | $64,453 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $23,062 |
| Fees for services: Other | $396,426 |
| Advertising and promotion | $141,862 |
| Office expenses | $1,066,499 |
| Information technology | $165,699 |
| Royalties | $0 |
| Occupancy | $1,028,912 |
| Travel | $217,474 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $129,133 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $693,905 |
| Insurance | $156,023 |
| All other expenses | $39,772 |
| Total functional expenses | $19,705,084 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $281,640 |
| Savings and temporary cash investments | $5,524,148 |
| Pledges and grants receivable | $2,013,636 |
| Accounts receivable, net | $80,067 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $251,594 |
| Net Land, buildings, and equipment | $21,496,758 |
| Investments—publicly traded securities | $2,737,630 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $38,336 |
| Total assets | $32,423,809 |
| Accounts payable and accrued expenses | $1,466,889 |
| Grants payable | $0 |
| Deferred revenue | $1,965,844 |
| 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 | $3,249,179 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,644,715 |
| Total liabilities | $8,326,627 |
| Net assets without donor restrictions | $19,287,835 |
| Net assets with donor restrictions | $4,809,347 |
| 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 | $32,423,809 |
Grants Awarded
Over the last fiscal year, Minnesota Assistance Council For Veterans has awarded $169,577 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ST STEPHEN'S HUMAN SERVICES PURPOSE: GENERAL OPERATING SUPPORT | $98,338 |
RED LAKE HOMELESS SHELTER PURPOSE: GENERAL OPERATING SUPPORT | $71,239 |