COMMUNITY THREAD

EIN: 410967271 501(c)(3) Human Services

Stillwater, MN

Total Revenue
$1,137,907
Total Expenses
$1,095,478
Total Assets
$1,159,112
Net Assets
$1,093,492
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
MN
Phone
6514397434
Tax Period
2024-01-01 to 2024-12-31

COMMUNITY THREAD, founded in 1972, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $1.1M left a modest 4% surplus.

Mission

PROMOTE AND SUPPORT COMMUNITY VOLUNTEERISM BY PROVIDING RESOURCES

Program Service Accomplishments

Program 1
Expenses: $423,733

The Volunteer Center serves individuals and organizations through four primary functions: connecting people to opportunities to serve through a searchable database of volunteer opportunities...

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The Volunteer Center serves individuals and organizations through four primary functions: connecting people to opportunities to serve through a searchable database of volunteer opportunities; building capacity for local volunteering by providing training and support in volunteer management to local nonprofit organizations; promoting volunteerism in the community; and providing special community-wide service initiatives. For example, for over 50 years Community Thread has been providing help during the holidays through the Holiday Hope program (formerly Holiday Bureau). The program serves families, people with disabilities, and older adults by matching them with sponsors who provide gifts. The program passes through in-kind gifts to program recipients.

Program 2
Expenses: $374,611

The Thrive Program was established in April 2022 to assist older adults and individuals with disabilities living in the Stillwater Area. By engaging volunteers, this membership-based program helps...

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The Thrive Program was established in April 2022 to assist older adults and individuals with disabilities living in the Stillwater Area. By engaging volunteers, this membership-based program helps fill requests for basic home assistance, such as cleaning, with the goal of making it easier for individuals to remain living at home. The program engages volunteer drivers who take people to and from needed appointments and to access community services. This program is available to all eligible residents of Stillwater School District 834 and anyone unable to pay the membership fee is subsidized. The program also provides referrals and connections to resources for the public at large and offers the amenities of two Community Centers. These centers provide programs and activities that enhance the well-being of older adults. The Stillwater site also offers free income tax preparation assistance and other services in partnership with other nonprofit organizations.

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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 $1,065,636
Program Service Revenue $10,402
Investment Income $7,556
Other Revenue $54,313
TOTAL REVENUE $1,137,907

Expense Breakdown

Grants Paid $4,500
Salaries & Benefits $574,902
Fundraising Expenses $84,448
Program Expenses $798,344
Other Expenses $516,076
TOTAL EXPENSES $1,095,478

Year-over-Year Comparison

2024 2023 Change
Revenue $1,137,907 $1,027,109 +0.1%
Expenses $1,095,478 $976,250 +0.1%
Net Income $42,429 $50,859 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
15
Independent Members
15
Employees
9
Volunteers
437

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
17
$134,803
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SALLY ANDERSON EXECUTIVE DIRECTOR 40.00
Director
$133,131 $0 $134,803
CASSANDRA MARTIN DIRECTOR 8.00
Director
$0 $0 $0
SHARON KING DIRECTOR 8.00
Director
$0 $0 $0
NANCY FESLER DIRECTOR 8.00
Director
$0 $0 $0
RENEA POMINVILLE DIRECTOR 8.00
Director
$0 $0 $0
SUSANNAH TORSETH DIRECTOR 8.00
Director
$0 $0 $0
JUDY MOSELY DIRECTOR 8.00
Director
$0 $0 $0
RICHARD MCDONOUGH DIRECTOR 8.00
Director
$0 $0 $0
DIANE GUSTAFSON DIRECTOR 8.00
Director
$0 $0 $0
BILL BJORUM DIRECTOR 8.00
Director
$0 $0 $0
LOWELL JOHNSON DIRECTOR 8.00
Director
$0 $0 $0
DERRICK JEAGER EXECUTIVE DIRECTOR 40.00
Director
$0 $0 $0
SAMANTHA SCHINDLER SECRETARY 8.00
Officer Director
$0 $0 $0
KATE KASTEN TREASURER 8.00
Officer Director
$0 $0 $0
SARA WAGNER PAST PRESIDENT 8.00
Officer Director
$0 $0 $0
TED WEGLEITNER PRESIDENT 8.00
Officer Director
$0 $0 $0
MARGARET SMITH VICE PRESIDENT 8.00
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
2025 No data No data No data No data
2024 $1,137,907 $1,095,478 $1,159,112 $42,429
2023 $1,027,109 $976,250 $1,187,799 $50,859
2022 $1,072,041 $1,003,341 $1,168,065 $68,700
2021 $1,226,973 $952,371 $996,623 $274,602
2020 $927,469 $902,316 $801,305 $25,153
2019 $699,519 $669,677 $706,534 $29,842
2018 $611,282 $628,573 $672,679 $-17,291
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