COTTONWOOD COUNTY HISTORICAL SOCIETY INC

EIN: 410916727 501(c)(3)

WINDOM, MN

Total Revenue
$98,665
Total Expenses
$124,027
Total Assets
$1,076,382
Net Assets
$1,075,001
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
MN
Principal Officer
Wendy Meyer
Phone
5078311134
Tax Period
2023-10-01 to 2024-09-30

COTTONWOOD COUNTY HISTORICAL SOCIETY INC, founded in 1968, is a micro nonprofit that reported $99K in total revenue in fiscal year 2023. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $124K exceeded revenue, resulting in a 26% operating deficit.

Mission

THE MISSION OF THE COTTONWOOD COUNTY HISTORICAL SOCIETY IS TO COLLECT, PRESERVE AND DISSEMINATE KNOWLEDGE ABOUT THE HISTORY OF COTTONWOOD COUNTY AND TO RELATE IT TO THE HISTORY OF THE STATE OF MINNESOTA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $65,847
Program Service Revenue $14,798
Investment Income $18,020
Other Revenue $0
TOTAL REVENUE $98,665

Expense Breakdown

Grants Paid $0
Salaries & Benefits $63,860
Fundraising Expenses $0
Program Expenses $124,027
Other Expenses $60,167
TOTAL EXPENSES $124,027

Year-over-Year Comparison

2023 2022 Change
Revenue $98,665 $161,664 -0.4%
Expenses $124,027 $138,627 -0.1%
Net Income $-25,362 $23,037 -2.1%
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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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
6
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
5
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROL LEHMAN 5TH DISTRICT REPRESENTATIVE 002.00
Director
$0 $0 $0
JOAN GIESE 4TH DISTRICT REPRESENTATIVE 002.00
Director
$0 $0 $0
KIRK ODDEN 3RD DISTRICT REPRESENTATIVE 002.00
Director
$0 $0 $0
THOMAS WICKIE 2ND DISTRICT REPRESENTATIVE 002.00
Director
$0 $0 $0
SHAWN COLBERT 1ST DISTRICT REPRESENTATIVE 002.00
Director
$0 $0 $0
WENDY MEYER PRESIDENT 004.00
Officer Director
$0 $0 $0
LINDSEY CARTWRIGHT 1ST VICE PRESIDENT 002.00
Officer Director
$0 $0 $0
EARL ENSTAD 2ND VICE PRESIDENT 002.00
Officer Director
$0 $0 $0
LAURA WILLIAMS SECRETARY 003.00
Officer Director
$0 $0 $0
PAM GAHLER TREASURER 003.00
Officer Director
$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 $98,665 $124,027 $1,076,382 $-25,362
2023 $161,664 $138,627 $1,002,300 $23,037
2022 $163,108 $118,850 $936,254 $44,258
2021 $123,261 $113,810 $1,026,078 $9,451
2020 $125,127 $131,793 $941,393 $-6,666
2019 $135,494 $175,803 $928,864 $-40,309
2018 $157,300 $142,900 $971,455 $14,400
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