Minnesota Assistance Council For Veterans
- Assets
- $12.9m
- Revenue
- $10.8m
- Investments
- $0.0
- Employees
- 83
- Location
- Saint Paul, MN
- Founding
- 05/1990
- Data as of
- 12/2021
- 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 12/2021, Minnesota Assistance Council For Veterans employed 83 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 12/2021, Minnesota Assistance Council For Veterans generated $10.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $9.7m during the year ending 12/2021. While expenses have increased by 9.8% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE PREVENTIVE AND SUPPORTIVE SERVICES FOR VETERANS WHO ARE EXPERIENCING HOMELESSNESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MACV PROVIDED MORE THAN 2,362 SERVICES TO VETERANS ACROSS MINNESOTA WHO WERE HOMELESS OR AT RISK OF HOMELESSNESS IN 2021. THESE COMPREHENSIVE SERVICES ARE FOCUSED IN THE AREAS OF HOUSING, EMPLOYMENT, AND LEGAL SERVICES AIMED TO HELP OUR CLIENTS ACHIEVE LONG-TERM HOUSING STABILITY.HOUSING:MACV PROVIDES CASE MANAGEMENT AND DIRECT FINANCIAL ASSISTANCE SERVICES FOR VETERANS ACROSS MINNESOTA. MACV OWNS AND OPERATES 141 UNITS OF TRANSITIONAL AND PERMANENT SUPPORTIVE HOUSING IN THE TWIN CITIES METRO, DULUTH, MANKATO, ST. CLOUD, AND HIBBING.
EMPLOYMENT:MACV OPERATES A STATEWIDE EMPLOYMENT PROGRAM AIMED AT SUPPORTING VETERANS IN FINDING MEANINGFUL EMPLOYMENT OPPORTUNITIES THAT SUPPORT THEIR HOUSING STABILITY. IN 2021, MACV PLACED 229 VETERANS INTO EMPLOYMENT AT AN AVERAGE HOURLY WAGE OF $18.06. 82% OF VETERANS EMPLOYED THROUGH THIS PROGRAM KEPT THEIR POSITION FOR AT LEAST 6 MONTHS.
LEGAL:MACV DELIVERS LEGAL SERVICES TO VETERANS WHO ARE HOMELESS OR AT RISK OF HOMELESSNESS THROUGH ITS NATIONALLY RECOGNIZED VETLAW PROGRAM. MACV ATTORNEYS AND VOLUNTEER LAWYERS PROVIDED ADVICE AND COUNSEL DIRECTLY TO MORE THAN 1,100 VETERANS SEEKING ASSISTANCE WITH OVER 1,300 LEGAL MATTERS IN 2021.
OUTREACH:MACV TOOK STEPS TO FURTHER ESTABLISH SEVERAL SPECIALIZED SERVICES AND PROGRAMS DURING 2021 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neal Loidolt CEO | Officer | 40 | $215,048 |
Jon Lovald COO | 40 | $133,037 | |
Brian Peterson CFO | Officer | 40 | $130,188 |
Stephen Schemenauer Chair | OfficerTrustee | 1 | $0 |
Dan Mccarvel Treasurer | OfficerTrustee | 1 | $0 |
Ellen Saboe Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Days Inn On University Lodging Assistance | 12/30/21 | $971,038 |
Extended Stay America Lodging Assistance | 12/30/21 | $196,651 |
Corporate Caterers Food Assistance | 12/30/21 | $404,898 |
Jd Roofing & Construction Inc Housing Construction Services | 12/30/21 | $247,597 |
Snelling Lodge Lodging Assistance | 12/30/21 | $346,625 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $40,904 |
| Related organizations | $0 |
| Government grants | $7,649,016 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,749,735 |
| Noncash contributions included in lines 1a–1f | $289,928 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,439,655 |
| Total Program Service Revenue | $148,149 |
| Investment income | $40,852 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $118,604 |
| Net Income from Fundraising Events | -$1,657 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,768,734 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $29,009 |
| 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. | $364,335 |
| Compensation of current officers, directors, key employees. | $264,911 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,159,990 |
| Pension plan accruals and contributions | $125,255 |
| Other employee benefits | $278,700 |
| Payroll taxes | $327,882 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,027 |
| Fees for services: Accounting | $43,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13,935 |
| Fees for services: Other | $117,064 |
| Advertising and promotion | $13,591 |
| Office expenses | $191,030 |
| Information technology | $89,946 |
| Royalties | $0 |
| Occupancy | $3,165,787 |
| Travel | $151,492 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $81,129 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $293,362 |
| Insurance | $78,808 |
| All other expenses | $71,737 |
| Total functional expenses | $9,749,904 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $845,334 |
| Savings and temporary cash investments | $2,190,603 |
| Pledges and grants receivable | $2,045,916 |
| Accounts receivable, net | $138,386 |
| 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 | $73,390 |
| Net Land, buildings, and equipment | $6,127,730 |
| Investments—publicly traded securities | $1,501,138 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,473 |
| Total assets | $12,934,970 |
| Accounts payable and accrued expenses | $601,686 |
| Grants payable | $0 |
| Deferred revenue | $47,839 |
| 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 | $2,543,540 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,193,065 |
| Net assets without donor restrictions | $6,693,769 |
| Net assets with donor restrictions | $3,048,136 |
| 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 | $12,934,970 |
Grants Awarded
Over the last fiscal year, Minnesota Assistance Council For Veterans has awarded $169,577 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Minneapolis, MN PURPOSE: GENERAL OPERATING SUPPORT | $98,338 |
RED LAKE HOMELESS SHELTER PURPOSE: GENERAL OPERATING SUPPORT | $71,239 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Minnesota Assistance Council For Veterans has recieved totaling $224,405.
| Awarding Organization | Amount |
|---|---|
Arlington House Farmington, MN PURPOSE: TO USE PROPERTY TO SERVE HOMELESS VETERANS | $224,405 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Supporting Families Together Association Inc Madison, WI | $1,243,761 | $19,699,760 |
Rural Minnesota Cep Inc Detroit Lakes, MN | $2,024,791 | $10,325,488 |
Minnesota Assistance Council For Veterans Saint Paul, MN | $12,934,970 | $10,768,734 |
H I R E D Minneapolis, MN | $1,685,532 | $8,749,042 |
Southeastern Minnesota Private Industry Council Inc Rochester, MN | $868,120 | $8,914,255 |
Mayors Youth Empowerment Program Iowa City, IA | $6,304,962 | $7,071,387 |
Proteus Inc Des Moines, IA | $1,359,202 | $6,864,690 |
Central Minnesota Jobs And Training Services Inc Monticello, MN | $1,103,520 | $6,129,722 |
Goodwill Manufacturing Inc Milwaukee, WI | $3,795,340 | $2,579,295 |
Workforce Development Board Of South Central Wisconsin Madison, WI | $699,627 | $5,376,349 |
Twin Cities Rise Minneapolis, MN | $5,211,326 | $2,720,985 |
West Central Industries Inc Willmar, MN | $4,827,123 | $3,766,210 |