ELK RIVER EDUCATION ASSOCIATION

EIN: 237125522 Employment

Elk River, MN

Total Revenue
$1,066,619
Total Expenses
$957,671
Total Assets
$426,717
Net Assets
$426,717
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1960
Legal Domicile
MN
Principal Officer
Jennelle LeBlanc
Phone
6122723488
Tax Period
2024-09-01 to 2025-08-31

ELK RIVER EDUCATION ASSOCIATION, founded in 1960, is a community nonprofit in the Employment sector that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $958K left a modest 10% surplus.

Mission

The Elk River Education Association EREA is our teachers union for the Elk River Area School District. EREA provides representation for our members. We represent the teachers in contract negotiations. We work to provide a positive learning environment for the learners in our district.

Program Service Accomplishments

Program 1
Expenses: $112,889 Revenue: $0

Stipends for the members who are fulfilling all the roles executive council members officers committee chairs committee meeting members etc. Representing our teaching staff and sharing union...

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Stipends for the members who are fulfilling all the roles executive council members officers committee chairs committee meeting members etc. Representing our teaching staff and sharing union information representing our teachers negotiating the contract making sure the contract is followed by both the district and the teachers so that we may provide a quality education to our students.

Program 2
Expenses: $13,865 Revenue: $0

Settlement Task Force Organizing and Relational Activities: to organize and unite our members during the negotiations process to help improve the working conditions for our teaching staff and to...

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Settlement Task Force Organizing and Relational Activities: to organize and unite our members during the negotiations process to help improve the working conditions for our teaching staff and to improve the education opportunities for our students.

Program 3
Expenses: $26,653 Revenue: $0

Conventions Workshops Meetings Association Leave: Members travel to and attend these to learn more about teaching union membership teacher rights educational strategies and more to improve the...

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Conventions Workshops Meetings Association Leave: Members travel to and attend these to learn more about teaching union membership teacher rights educational strategies and more to improve the education of our students and working conditions for our members.

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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 $1,062,947
Program Service Revenue $0
Investment Income $3,672
Other Revenue $0
TOTAL REVENUE $1,066,619

Expense Breakdown

Grants Paid $3,750
Salaries & Benefits $112,889
Fundraising Expenses $0
Program Expenses $158,571
Other Expenses $841,032
TOTAL EXPENSES $957,671

Year-over-Year Comparison

2024 2023 Change
Revenue $1,066,619 $912,670 +0.2%
Expenses $957,671 $912,686 +0.0%
Net Income $108,948 $-16 -6810.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
47
Independent Members
N/A
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
4
$23,010
Total Directors
46
$60,947
Key Employees
2
$14,084
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lisa K Q Olson President Negotiator 15.00
Officer
$13,900 $0 $13,900
Russell Gnan Negotiator Executive Council Grant Presentations 6.00
Director
$6,122 $0 $6,122
Michelle Farnum Secretary Teacher Rights 3.00
Officer
$3,400 $0 $3,400
Shawn Theresa Scheel Negotiator Executive Council 3.00
Director
$6,341 $0 $6,341
Benjamin J Kirkwold Membership Executive Council 4.00
Director
$3,717 $0 $3,717
Jennelle M LeBlanc Treasurer 6.00
Officer
$2,842 $0 $2,842
Ronald Clifford Hustvedt Jr Vice President 3.00
Officer
$2,868 $0 $2,868
Kristen Elayne Larson Executive Council Government Relations 3.00
Director
$2,887 $0 $2,887
Kelsey Leigh Haukos Executive Council Settlement Task Force Grant Membership Co Chair 3.00
Director
$1,755 $0 $1,755
Jacob Thomas Carlson Executive Council and Committee 2.00
Director
$928 $0 $928
Abby Lundy Executive Council Settlement Task Force 2.00
Director
$1,460 $0 $1,460
Jennifer Peterson Executive Council Event Organizer 2.00
Director
$875 $0 $875
Laura Ziebarth Executive Council 2.00
Director
$875 $0 $875
Mathew Kraus Executive Council 2.00
Director
$875 $0 $875
Virginia Violet Haberman Executive Council 2.00
Director
$1,025 $0 $1,025
Ashley Gallup Executive Council 2.00
Director
$920 $0 $920
Sarah Coles Executive Council 2.00
Director
$920 $0 $920
Sarah Hudyma Executive Council 2.00
Director
$1,175 $0 $1,175
Scott Glew Executive Council 2.00
Director
$1,085 $0 $1,085
Amy Cox Executive Council 2.00
Director
$875 $0 $875
Brenda Jacobson Executive Council 2.00
Director
$875 $0 $875
Darcy Bower Executive Council 2.00
Director
$875 $0 $875
Melissa Deakins Executive Council 2.00
Director
$875 $0 $875
Melissa Reining Executive Council 2.00
Director
$875 $0 $875
Michelle Eng Executive Council 2.00
Director
$875 $0 $875
Nicole Tripp Executive Council 2.00
Director
$875 $0 $875
Sarah Klingelhofer Executive Council 2.00
Director
$875 $0 $875
Jatona Sanudo Executive Council 2.00
Director
$875 $0 $875
Carol Krois Executive Council 2.00
Director
$980 $0 $980
Danielle Dickmeyer Executive Council 2.00
Director
$875 $0 $875
Jacqueline Meeker Executive Council 2.00
Director
$875 $0 $875
Nicholas Levos Executive Council 2.00
Director
$875 $0 $875
Andrew Parr Executive Council 2.00
Director
$483 $0 $483
Dirk Udee Executive Council 2.00
Director
$998 $0 $998
Jerry Goettsch Executive Council 2.00
Director
$1,130 $0 $1,130
Jill Vickerman Jopp Executive Council 2.00
Director
$875 $0 $875
Joie Johnson Executive Council 2.00
Director
$1,145 $0 $1,145
Lisa Hansen Executive Council 2.00
Director
$875 $0 $875
Rebecca Hagen Executive Council 2.00
Director
$920 $0 $920
Sherrie Lorentz Executive Council 2.00
Director
$830 $0 $830
Cory Puppe Negotiator Teacher Rights 8.00
Key Emp
$7,434 $0 $7,434
Dawn Morrison Executive Council 2.00
Director
$905 $0 $905
Elizabeth Tangen Executive Council 2.00
Director
$1,621 $0 $1,621
Gretchen Singh Executive Council 2.00
Director
$875 $0 $875
Katelyn Mathews Executive Council Settlement Task Force Chair 4.00
Director
$2,187 $0 $2,187
Kim Greenwaldt Executive Council 2.00
Director
$875 $0 $875
Kimberly MacDonald Executive Council 2.00
Director
$875 $0 $875
Laura Olstad Executive Council 2.00
Director
$905 $0 $905
Lisa Becker Executive Council 0.00
Director
$875 $0 $875
Michele Altavilla Executive Council 2.00
Director
$875 $0 $875
Rebecca Herbert Executive Council 2.00
Director
$1,258 $0 $1,258
Sarah Klocker Negotiator 4.00
Key Emp
$6,650 $0 $6,650
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
2025 $1,066,619 $957,671 $426,717 $108,948
2024 $912,670 $912,686 $325,787 $-16
2023 $916,460 $870,803 $325,803 $45,657
2019 $796,605 $793,783 $201,684 $2,822
2018 $803,455 $768,774 $198,862 $34,681
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