CENTRAL MINNESOTA COUNCIL ON AGING INC

EIN: 363338395 501(c)(3) Human Services

ST CLOUD, MN

Total Revenue
$8,025,532
Total Expenses
$8,032,477
Total Assets
$3,086,174
Net Assets
$345,904
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
MN
Principal Officer
LORI VROLSON
Phone
3202539349
Tax Period
2024-01-01 to 2024-12-31

CENTRAL MINNESOTA COUNCIL ON AGING INC, founded in 1980, is a community nonprofit in the Human Services sector that reported $8.0M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

DEVELOP AND COORDINATE COMMUNITY CARE SERVICES FOR OLDER PEOPLE.

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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 $8,002,251
Program Service Revenue $0
Investment Income $11,181
Other Revenue $12,100
TOTAL REVENUE $8,025,532

Expense Breakdown

Grants Paid $4,882,428
Salaries & Benefits $2,700,351
Fundraising Expenses $0
Program Expenses $7,335,807
Other Expenses $449,698
TOTAL EXPENSES $8,032,477

Year-over-Year Comparison

2024 2023 Change
Revenue $8,025,532 $6,995,260 +0.1%
Expenses $8,032,477 $6,987,345 +0.1%
Net Income $-6,945 $7,915 -1.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
51
Volunteers
23

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
$331,043
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE HALLAN CHAIRMAN OF THE BOARD 1.00
Officer Director
$0 $0 $0
LEIGH LENZMEIER VICE CHAIR 1.00
Officer Director
$0 $0 $0
TARRYL CLARK BOARD MEMBER 1.00
Director
$0 $0 $0
ALAN DUFF BOARD MEMBER 1.00
Director
$0 $0 $0
LISA FOBBE BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD GREENE BOARD MEMBER 1.00
Director
$0 $0 $0
JEANNE HOLLAND BOARD MEMBER 1.00
Director
$0 $0 $0
JON KANGAS BOARD MEMBER 1.00
Director
$0 $0 $0
BOBBY KASPER BOARD MEMBER 1.00
Director
$0 $0 $0
RANDY NEUMANN BOARD MEMBER 1.00
Director
$0 $0 $0
JON LUBKE BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF PETERSON BOARD MEMBER 1.00
Director
$0 $0 $0
GENNY REYNOLDS BOARD MEMBER 1.00
Director
$0 $0 $0
PETER RIPKA BOARD MEMBER 1.00
Director
$0 $0 $0
BETH SCHLANGEN BOARD MEMBER 1.00
Director
$0 $0 $0
LORI VROLSON EXECUTIVE DIRECTOR 40.00
Officer
$130,574 $51,263 $181,837
LINDA GANSEN FINANCIAL MANAGER 40.00
Officer
$119,617 $29,589 $149,206
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 $8,025,532 $8,032,477 $3,086,174 $-6,945
2023 $6,995,260 $6,987,345 $1,800,205 $7,915
2022 $6,660,931 $6,668,881 $1,911,341 $-7,950
2021 $8,211,648 $8,203,186 $1,794,478 $8,462
2020 $7,874,791 $7,873,175 $1,275,140 $1,616
2019 $6,409,042 $6,390,277 $1,035,674 $18,765
2018 $6,148,273 $6,134,084 $994,496 $14,189
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