RURAL MINNESOTA CEP INC

EIN: 410942639 501(c)(3) Employment

DETROIT LAKES, MN

Total Revenue
$12,109,121
Total Expenses
$12,151,172
Total Assets
$3,475,865
Net Assets
$1,398,404
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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
TINA JASTER
Phone
2188467400
Tax Period
2024-07-01 to 2025-06-30

RURAL MINNESOTA CEP INC, founded in 1968, is a mid-sized nonprofit in the Employment sector that reported $12.1M in total revenue in fiscal year 2024.

Mission

RURAL MINNESOTA CEP, INC IS A RECOGNIZED LEADER IN MINNESOTA FOR EMPLOYMENT AND TRAINING SERVICES AND A STRONG PARTNER IN THE AMERICA'S JOB CENTERS. OUR RESOURCE CENTER STAFF ASSISTED VISITORS TO ACCESS JOB OPENINGS, BUILD JOB SKILLS & RESEARCH POTENTIAL EMPLOYERS.

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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 $11,874,686
Program Service Revenue $228,011
Investment Income $6,424
Other Revenue $0
TOTAL REVENUE $12,109,121

Expense Breakdown

Grants Paid $3,785,913
Salaries & Benefits $7,207,612
Fundraising Expenses $10,986
Program Expenses $10,673,263
Other Expenses $1,157,647
TOTAL EXPENSES $12,151,172

Year-over-Year Comparison

2024 2023 Change
Revenue $12,109,121 $11,576,394 +0.0%
Expenses $12,151,172 $11,506,299 +0.1%
Net Income $-42,051 $70,095 -1.6%
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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Governance

Voting Members
8
Independent Members
8
Employees
408
Volunteers
8

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
$271,045
Total Directors
8
$7,290
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LORI SCHWARTZ CHAIRPERSON 1.00
Officer Director
$950 $0 $950
EDWARD BOLAS VICE CHAIRPERSON 1.00
Officer Director
$1,415 $0 $1,415
CAROL ANDERSON SECRETARY-TREASURER 1.00
Officer Director
$1,215 $0 $1,215
JOSE ALBA BOARD MEMBER 1.00
Director
$300 $0 $300
TERRY BLAKE BOARD MEMBER 1.00
Director
$1,110 $0 $1,110
STEPHEN JONES BOARD MEMBER 1.00
Director
$800 $0 $800
VICKI BERBERICH BOARD MEMBER 1.00
Director
$850 $0 $850
JANELLE KLINKE BOARD MEMBER 1.00
Director
$650 $0 $650
TINA JASTER EXECUTIVE DIRECTOR 40.00
Officer
$137,711 $25,271 $162,982
WILLIAM MACFARLANE ACCOUNTING MANAGER 40.00
Officer
$87,041 $17,442 $104,483
DAVE SCHUMACHER IT MANAGER 40.00
Highest
$110,686 $17,551 $128,237
ARLYCE CUCICH OPERATIONS GRANT MANAGER 40.00
Highest
$104,082 $17,156 $121,238
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 $12,109,121 $12,151,172 $3,475,865 $-42,051
2024 $11,576,394 $11,506,299 $3,792,730 $70,095
2023 $10,547,473 $10,518,033 $3,361,856 $29,440
2022 $10,325,488 $10,308,022 $2,024,791 $17,466
2021 $10,109,714 $10,096,417 $2,604,154 $13,297
2020 $10,415,696 $10,378,109 $2,455,300 $37,587
2019 $11,198,877 $11,134,267 $2,433,603 $64,610
2018 $10,426,830 $10,414,556 $2,542,494 $12,274
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