DAM PRESERVATION CORP C/O DENNIS VONRUDEN

EIN: 161658496 501(c)(3) Public & Societal Benefit

OWATONNA, MN

Total Revenue
N/A
Total Expenses
$185
Total Assets
$55
Net Assets
$55
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
MN
Principal Officer
DENNIS VON RUDEN
Tax Period
2024-01-01 to 2024-12-31

Mission

TO PROMOTE AND SUPPORT THE RESTORATION, REPAIR, RENOVATION OR REPLACEMENT, AND MAINTENANCE OF THE MOREHOUSE PARK DAM IN OWATONNA, MINNESOTA.

Program Service Accomplishments

Program 1

WORKING WITH LOCAL GOVERNMENT AND DNR TO MAINTAIN THE MOREHOUSE PARK DAM WHICH IS AN IMPORTANT COMMUNITY ASSET.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $185
TOTAL EXPENSES $185

Year-over-Year Comparison

2024 2023 Change
Revenue N/A N/A N/A
Expenses $185 $160 +0.2%
Net Income N/A $-160 N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONNA FROMAN DIRECTOR 1.00
Director
$0 $0 $0
CHAD LANGE VP / TREASUR 1.00
Officer
$0 $0 $0
DENNIS VON RUDEN PRESIDENT 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data $185 $55 No data
2023 No data $160 $240 No data
2022 No data $155 $400 No data
2021 $500 $140 $555 $360
2020 $200 $140 $195 $60
2019 $200 $140 $135 $60
2018 No data $135 $75 No data
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