Elk River, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
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.
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...
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.
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...
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.
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...
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.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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 |
| 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 |
Compare ELK RIVER EDUCATION ASSOCIATION with other nonprofits in Minnesota and across the country.