NELSON COMMUNITY ASSOCIATION

EIN: 411787148 501(c)(3) Recreation & Sports

NELSON, MN

Total Revenue
$40,938
Total Expenses
$24,665
Total Assets
$247,108
Net Assets
$243,461
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
MN
Principal Officer
KEVIN HUWE
Phone
3208085160
Tax Period
2023-01-01 to 2023-12-31

NELSON COMMUNITY ASSOCIATION, founded in 1996, is a micro nonprofit in the Recreation & Sports sector that reported $41K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $16K, a strong 40% operating margin.

Mission

THE NELSON COMMUNITY ASSOCIATION PURCHASED LAND AND CONSTRUCTED A SOFTBALL FIELD ON THIS LAND. THIS FACILITY IS USED PRIMARILY BY AREA YOUTH.

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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 $13,100
Program Service Revenue $0
Investment Income $57
Other Revenue $27,781
TOTAL REVENUE $40,938

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,400
Fundraising Expenses $0
Program Expenses $24,665
Other Expenses $22,265
TOTAL EXPENSES $24,665

Year-over-Year Comparison

2023 2022 Change
Revenue $40,938 $34,525 +0.2%
Expenses $24,665 $63,284 -0.6%
Net Income $16,273 $-28,759 -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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
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
3
$2,400
Total Directors
5
$2,400
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIM STUEVE SEC/TREAS 010.00
Officer Director
$2,400 $0 $2,400
DAROLD MEDENWALDT PRESIDENT 000.25
Officer Director
$0 $0 $0
TONY KETELLE VICE PRESIDENT 000.25
Officer Director
$0 $0 $0
DAVID ROSENOW DIRECTOR 000.25
Director
$0 $0 $0
GERALD SATHER DIRECTOR 000.25
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 No data No data No data No data
2023 $40,938 $24,665 $247,108 $16,273
2022 $34,525 $63,284 $227,428 $-28,759
2021 $75,270 $64,956 $255,947 $10,314
2020 $86,161 $87,941 $246,305 $-1,780
2019 $63,318 $44,322 $247,413 $18,996
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