TRUST INC

EIN: 410965940 501(c)(3) Human Services

MINNEAPOLIS, MN

Total Revenue
$704,503
Total Expenses
$730,373
Total Assets
$156,819
Net Assets
$132,179
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
MN
Principal Officer
MARY HUTTNER-WEIBEL
Phone
6128276159
Tax Period
2025-01-01 to 2025-12-31

TRUST INC, founded in 1970, is a small nonprofit in the Human Services sector that reported $705K in total revenue in fiscal year 2025. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

SERVICES FOR RESIDENTS IN AREA.

Program Service Accomplishments

Program 1
Expenses: $263,002

THE TRUST MEALS ON WHEELS PROGRAM IS MAKING A SIGNIFICANT IMPACT IN THE LIVES OF HOMEBOUND SENIORS AND ELIGIBLE INDIVIDUALS IN ITS SERVICE AREA. FOOD EXPENSE HAS RISEN BUT THE YEAR-ROUND NEED IS...

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THE TRUST MEALS ON WHEELS PROGRAM IS MAKING A SIGNIFICANT IMPACT IN THE LIVES OF HOMEBOUND SENIORS AND ELIGIBLE INDIVIDUALS IN ITS SERVICE AREA. FOOD EXPENSE HAS RISEN BUT THE YEAR-ROUND NEED IS CONSTANT. NO INDIVIDUAL IS EVER TURNED AWAY FOR THEIR INABILITY TO PAY. LAST YEAR, THE PROGRAM DELIVERED 32,600 HOT, NUTRITIOUS MEALS, THANKS TO DEDICATED VOLUNTEERS WHO CONTRIBUTED MORE THAN 2,500 HOURS OF THEIR TIME. THE PROGRAM OFFERS BOTH HOT DAILY MEAL DELIVERY AND WEEKLY FROZEN MEAL OPTIONS FOR THOSE WHO PREFER THEM. WE HAVE INCREASED STAFF TO SUPPORT THE MANY WAYS IN WHICH WE PROVIDE FOOD RESOURCES. TRUST'S MEALS ON WHEELS PROGRAM IS COMMITTED TO PROVIDING HEALTHY MEALS AND SUPPORTING SENIORS IN MAINTAINING THEIR INDEPENDENCE.

Program 2
Expenses: $94,637

THE TRUST CHORE PROGRAM IS A COST-EFFECTIVE AND RELIABLE HOME SERVICE INITIATIVE DESIGNED FOR SENIORS AND INDIVIDUALS WITH DISABILITIES. WITH A DEDICATED TEAM OF CHORE WORKERS AND VOLUNTEERS, THE...

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THE TRUST CHORE PROGRAM IS A COST-EFFECTIVE AND RELIABLE HOME SERVICE INITIATIVE DESIGNED FOR SENIORS AND INDIVIDUALS WITH DISABILITIES. WITH A DEDICATED TEAM OF CHORE WORKERS AND VOLUNTEERS, THE PROGRAM OFFERS VARIOUS AFFORDABLE SERVICES, INCLUDING HOUSE CLEANING, SNOW REMOVAL, YARD WORK, AND MINOR HOME REPAIRS. THESE AFFORDABLE SERVICES HELP CLIENTS MAINTAIN THEIR SAFETY AND COMFORT WHILE LIVING IN THEIR OWN HOMES. IN 2025, THE PROGRAM SERVED PARTICIPANTS THROUGHOUT GRETER SOUTH MINNEAPOLIS, POSITIVELY IMPACTING THEIR LIVES AND THE BROADER COMMUNITY.

Program 3
Expenses: $166,460

TRUST INC TRANSPORTATION SERVICES IS DEDICATED TO PROVIDING SAFE AND RELIABLE TRANSPORTATION FOR SENIORS AND INDIVIDUALS WITH DISABILITIES. OUR PROGRAM OFFERS ASSISTED RIDES TO GROCERY STORES, FOOD...

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TRUST INC TRANSPORTATION SERVICES IS DEDICATED TO PROVIDING SAFE AND RELIABLE TRANSPORTATION FOR SENIORS AND INDIVIDUALS WITH DISABILITIES. OUR PROGRAM OFFERS ASSISTED RIDES TO GROCERY STORES, FOOD PANTRIES, LOCAL BUSINESSES, BANKS, ERRAND RUNS, CLINICS, POST OFFICES, AND COMMUNITY EVENTS, ENABLING OUR CLIENTS TO MAINTAIN THEIR INDEPENDENCE AND STAY CONNECTED WITH OTHERS IN THE COMMUNITY. WITH ADDITIONAL GRANT FUNDING, WE WERE ABLE TO ADD MEDICAL RIDES TO OUR PORTFOLIO FOR CLINIC, THERAPY AND DIALYSIS APPOINTMENTS. WITH OUR EXPANSION INTO UNDERSERVED NEIGHBORHOODS IN SOUTH AND SOUTHEAST MINNEAPOLIS, WE CAN NOW REACH EVEN MORE INDIVIDUALS WHO NEED OUR SERVICES THROUGHOUT ALL OF SOUTH MINNEAPOLIS. OUR TEAM HAS EXPANDED TO INCLUDE NINE PART-TIME DRIVERS AND FIVE VOLUNTEER RECEIVING BOTH AN HOURLY WAGE AND MILEAGE REIMBURSEMENT. IN 2025 WE ALSO ADDED BILINGUAL STAFF FOR DRIVING AND SCHEDULING TO HELP WITH THE INCREASED AMOUNT OF CLIENTS AND LANGUAGE CONNECTION. AT TRUST INC, WE ARE COMMITTED TO ENSURING THAT ALL COMMUNITY MEMBERS HAVE ACCESS TO THE RESOURCES THEY NEED TO THRIVE.

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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 (2025)

Revenue Breakdown

Contributions & Grants $372,080
Program Service Revenue $329,159
Investment Income $605
Other Revenue $2,659
TOTAL REVENUE $704,503

Expense Breakdown

Grants Paid $0
Salaries & Benefits $328,314
Fundraising Expenses $21,057
Program Expenses $599,842
Other Expenses $402,059
TOTAL EXPENSES $730,373

Year-over-Year Comparison

2025 2024 Change
Revenue $704,503 $597,743 +0.2%
Expenses $730,373 $576,519 +0.3%
Net Income $-25,870 $21,224 -2.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
14
Volunteers
230

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
$100,451
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KARLA MCGRAY PRESIDENT 1.00
Officer Director
$0 $0 $0
JOHN PEDERSEN VICE PRESIDE 1.00
Officer Director
$0 $0 $0
TOM ERICKSON SECRETARY 1.00
Officer Director
$0 $0 $0
DEB HAUERWAS TREASURER 1.00
Officer Director
$0 $0 $0
MARY CORLETT MEMBER 1.00
Director
$0 $0 $0
JIM TEN BENSEL MEMBER 1.00
Director
$0 $0 $0
CINDY TINTNER MEMBER 1.00
Director
$0 $0 $0
PETE ANDERSON MEMBER 1.00
Director
$0 $0 $0
GRAYDON ROYCE MEMBER 1.00
Director
$0 $0 $0
LINDA TAYLOR MEMBER 1.00
Director
$0 $0 $0
KAREN VIRNIG BOARD EMARIT 1.00
Director
$0 $0 $0
RICH HANSON MEMBER 1.00
Director
$0 $0 $0
TRUDI WHITE MEMBER 1.00
Director
$0 $0 $0
MARY HUTTNER-WEIBEL EXECUTIVE DI 40.00
Officer
$100,451 $0 $100,451
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 $704,503 $730,373 $156,819 $-25,870
2024 $597,743 $576,519 $171,070 $21,224
2023 $434,000 $510,723 $156,605 $-76,723
2022 $515,087 $407,136 $223,524 $107,951
2021 $442,150 $390,220 $152,129 $51,930
2020 $367,116 $333,937 $101,597 $33,179
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