Minnesota Valley Action Council Inc
- Assets
- $12.0m
- Revenue
- $29.4m
- Investments
- $0.0
- Employees
- 480
- Location
- Mankato, MN
- Founding
- 04/1966
- Data as of
- 03/2022
- EIN
- 41-6050353
Organization Overview
Minnesota Valley Action Council Inc is located in Mankato, 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 03/2023, Minnesota Valley Action Council Inc employed 480 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Valley Action Council 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 03/2022, Minnesota Valley Action Council Inc generated $29.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $28.2m during the year ending 03/2022. While expenses have increased by 4.5% per year over the past 8 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 Valley Action Council Inc has awarded 52 individual grants totaling $8,356,219. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
DEVELOP RESOURCES AND OPPORTUNITIES WHICH EMPOWER PEOPLE AND COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOW-INCOME ENERGY ASSISTANCE - THIS PROGRAM WAS ESTABLISHED TO COMBAT THE CONTINUING HARDSHIP BROUGHT UPON LOW-INCOME HOUSEHOLDS BY RISING ENERGY COSTS. ITS PURPOSE IS TO ASSIST ELIGIBLE HOUSEHOLDS WITH THEIR HEATING BILLS. ASSISTANCE IS IN THE FORM OF A DIRECT PAYMENT TO A FUEL/UTILITY VENDOR ON BEHALF OF THE HOUSEHOLD. SERVED WERE 9,220 HOUSEHOLDS. ADDITIONALLY, 1,141 HOUSHOLDS WERE HELPED WITH PAST DUE WATER BILLS.
HOUSING - MINNESOTA HOUSING FINANCE AGENCY (MHFA) MONEY IS AVAILABLE TO MAKE ENERGY-SAVING AND GENERAL HOME IMPROVEMENTS FOR HOMEOWNERS OF ALL INCOME LEVELS. MHFA SUBSIDIZES LOANS TO ENCOURAGE HOMEOWNERS TO MAKE HOME IMPROVEMENTS TO HELP MAINTAIN THE IMAGE OF CLEAN, WELL-RUN RURAL COMMUNITIES. LOAN PROGRAMS INCLUDE FIX-UP LOAN, COMMUNITY FIX-UP REHABILITATION LOAN, AND RENTAL REHABILITATION LOAN PROGRAMS. WE ASSISTED 30 PEOPLE TO SECURE LOW INTEREST LOANS SO THEY COULD MAKE NEEDED IMPROVEMENTS TO THEIR HOMES. MHFA ALSO PROVIDES FUNDING FOR HOMELESS PREVENTION TO HELP HOUSEHOLDS FROM EITHER BECOMING HOMELESS BECAUSE OF AN EVICTION, OR IF THEY ARE CURRENTLY HOMELESS, (BY HUD'S DEFINITION) GET THEM INTO PERMANENT HOUSING. FACILITATED 9 HOMELESSNESS RESPONSE TEAMS. ASSISTED 312 HOUSEHOLDS WITH SERVICES THAT PREVENTED THEM FROM JOINING THE RANKS OF HOMELESS STATISTICS. WEATHERIZATION ASSISTANCE - THIS PROGRAM IS AVAILABLE TO BOTH LOW-INCOME HOMEOWNERS AND RENTERS IN THE NINE-COUNTY AREA. IT IS DESIGNED TO PROVIDE ENERGY CONSERVATION SERVICE SUCH AS FURNACE MODIFICATIONS, CAULKING, WEATHERSTRIPPING, ATTIC INSULATION, REPAIR OF PRIMARY WINDOWS, STORM WINDOWS, MINOR FOUNDATION REPAIRS AND INSULATION, HOT WATER HEATER AND PIPE INSULATION AND FURNACE MAINTENANCE. THE PRIMARY PURPOSE OF THE PROGRAM IS TO PREVENT HEAT LOSS IN THE HOME AND THUS REDUCE ENERGY CONSUMPTION FOR LOW-INCOME HOUSEHOLDS. SERVED WERE 288 HOUSEHOLDS AND REPLACED OR REPAIRED 222 FAULTY FURNACES. LOW-INCOME HOUSING ASSISTANCE - UNDER THE HUD SECTION 8 VOUCHER CHOICE PROGRAM RENT SUBSIDY PAYMENTS ARE PROVIDED FOR QUALIFIED LOW-INCOME FAMILIES AND ELDERLY, DISABLED OR HANDICAPPED PERSONS RENTING FROM PRIVATE LANDLORDS. THE PARTICIPANTS PAY UP TO 30% OF THEIR INCOME TOWARDS RENT AND UTILITIES AND THE BALANCE IS PAID DIRECTLY TO THE LANDLORD THROUGH HUD FUNDING. APPROXIMATELY 370 HOUSEHOLDS WERE SERVED. COMMUNITY DEVELOPMENT BLOCK GRANT - THIS PROGRAM PROVIDES FUNDS FOR HOUSING REHABILITATION WITH DEFERRED LOAN REPAYMENT OVER AN EXTENDED PERIOD OF TIME. CURRENTLY, MVAC OPERATES THE CDBG PROGRAM IN THE CITIES OF MANKATO, ST PETER, WINNEBAGO, KASOTA, VERNON CENTER, MONTGOMERY, FAIRMONT, MAPLETON, TRIMONT, WATERVILLE, AND BELLE PLAINE. SERVED WERE OVER 15 HOUSEHOLDS OR COMMERCIAL BUILDINGS.
HEAD START - 570 LOW-INCOME CHILDREN PARTICIPATED IN QUALITY PRESCHOOL. HEARING AND VISION SCREENINGS WERE PROVIDED TO 513 CHILDREN. 327 CHILDREN RECEIVED DENTAL EXAMS, SOME FOR THE VERY FIRST TIME. PROVIDED 197 PREGNANT WOMEN, INFANTS AND TODDLES WITH QUALITY HOME VISITING SERVICES. 668 VOLUNTEERS CONTRIBUTED THEIR TIME TO ENHANCE THE SERVICE PROVIDED TO FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kip Bruender President | OfficerTrustee | 1 | $0 |
Bill Groskreutz Vice President | OfficerTrustee | 1 | $0 |
Joy Cohrs Secretary | OfficerTrustee | 1 | $0 |
John Roper Treasurer | OfficerTrustee | 1 | $0 |
Joe Mccabe Director | Trustee | 1 | $0 |
Karen Anderson Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Nash Bros Construction Home Or Commercial Remodeling | 3/30/23 | $201,253 |
Dimmel Loren Construction Home Or Commercial Remodeling | 3/30/23 | $165,863 |
Northwinds Plbg Htg & Air Llc Home Or Commercial Remodeling | 3/30/23 | $153,154 |
Friesen's Llc Dba Wooden Spoon Caterer | 3/30/23 | $141,990 |
Possehl's Superior Construction Home Or Commercial Remodeling | 3/30/23 | $134,878 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,390,820 |
| Investment income | $68,555 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $29,353,976 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $15,312,273 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $132,547 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,956,393 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,909,162 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $96,513 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $936,560 |
| Travel | $145,495 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $28,187,916 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,334,488 |
| Savings and temporary cash investments | $3,898,867 |
| Pledges and grants receivable | $1,461,164 |
| Accounts receivable, net | $169,681 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $311,464 |
| Prepaid expenses and deferred charges | $163,871 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $116,600 |
| Total assets | $12,018,161 |
| Accounts payable and accrued expenses | $1,850,228 |
| Grants payable | $0 |
| Deferred revenue | $826,512 |
| 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 | $275,145 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $125,348 |
| Total liabilities | $3,077,233 |
| Net assets without donor restrictions | $8,940,928 |
| 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 |
| Total liabilities and net assets/fund balances | $8,940,928 |
Grants Awarded
Over the last fiscal year, Minnesota Valley Action Council Inc has awarded $1,072,401 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
HUMAN SERVICES FARIBAULTMARTIN CO PURPOSE: EMPLOYMENT & TRAINING | $349,009 |
HUMAN SERVICES WATONWAN CO PURPOSE: EMPLOYMENT & TRAINING | $86,734 |
MN DEPARTMENT OF EMPLOYMENT & ECONOMIC DEV PURPOSE: EMPLOYMENT & TRAINING | $274,243 |
LUTHERAN SOCIAL SERVICES OF MN PURPOSE: HOMELESSNESS CASE MANAGEMENT | $47,564 |
MRCI WORKSOURCE PURPOSE: EMPLOYMENT & TRAINING | $74,960 |
SW MN PRIVATE INDUSTRY COUNCIL PURPOSE: EMPLOYMENT & TRAINING | $239,891 |