ST CROIX VALLEY FOUNDATION

EIN: 411817315 501(c)(3) Philanthropy & Grantmaking

HUDSON, WI

Total Revenue
$57,755,140
Total Expenses
$39,850,973
Total Assets
$124,997,804
Net Assets
$88,367,230
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
MN
Principal Officer
HEATHER LOGELIN
Phone
7153869490
Tax Period
2024-07-01 to 2025-06-30

ST CROIX VALLEY FOUNDATION, founded in 1995, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $57.8M in total revenue in fiscal year 2024. Revenue surged 687% from the prior year, signaling strong growth momentum. The organization ran a surplus of $17.9M, a strong 31% operating margin.

Mission

THE MISSION OF THE ST. CROIX VALLEY FOUNDATION IS TO ENHANCE THE QUALITY OF LIFE IN THE ST. CROIX VALLEY.

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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 $53,594,710
Program Service Revenue $426,437
Investment Income $3,735,205
Other Revenue $-1,212
TOTAL REVENUE $57,755,140

Expense Breakdown

Grants Paid $38,457,132
Salaries & Benefits $910,657
Fundraising Expenses $81,529
Program Expenses $39,056,129
Other Expenses $483,184
TOTAL EXPENSES $39,850,973

Year-over-Year Comparison

2024 2023 Change
Revenue $57,755,140 $7,340,302 +6.9%
Expenses $39,850,973 $5,480,366 +6.3%
Net Income $17,904,167 $1,859,936 +8.6%
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
18
Independent Members
18
Employees
10
Volunteers
180

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
$280,267
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HEATHER LOGELIN EXECUTIVE DIRECTOR 40.00
Officer
$152,741 $24,676 $177,417
EMILY LOWNSBURY VP OF FINANCE & OPERATIONS 40.00
Officer
$97,551 $5,299 $102,850
ANN HERZOG DREWISKE CHAIR 10.00
Officer Director
$0 $0 $0
LINDA MADSEN VICE CHAIR/SECRETARY 10.00
Officer Director
$0 $0 $0
DENNIS DUERST TREASURER 2.00
Officer Director
$0 $0 $0
GREG BERNARD BOARD MEMBER 2.00
Director
$0 $0 $0
RICK BONLENDER BOARD MEMBER 2.00
Director
$0 $0 $0
MICHELLE BREDAHL BOARD MEMBER 2.00
Director
$0 $0 $0
DAVE DZIUK BOARD MEMBER 2.00
Director
$0 $0 $0
JESSICA EHRLICHMANN BOARD MEMBER 2.00
Director
$0 $0 $0
JIM ELLIS BOARD MEMBER 2.00
Director
$0 $0 $0
JUDY FREUND BOARD MEMBER 2.00
Director
$0 $0 $0
MELANIE KLEISS-BOARD MEMBER THRU 9/2024 2.00
Director
$0 $0 $0
DAN HOOLIHAN BOARD MEMBER 2.00
Director
$0 $0 $0
CAMERON KELLY BOARD MEMBER 2.00
Director
$0 $0 $0
GARY KELSEY BOARD MEMBER 2.00
Director
$0 $0 $0
KATRINA LARSEN BOARD MEMBER 2.00
Director
$0 $0 $0
TRACY MAKI BOARD MEMBER 2.00
Director
$0 $0 $0
CLARENCE MALICK BOARD MEMBER 2.00
Director
$0 $0 $0
MARSHA SHOTLEY BOARD MEMBER 2.00
Director
$0 $0 $0
MICHEL TIGAN BOARD MEMBER 2.00
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 $57,755,140 $39,850,973 $124,997,804 $17,904,167
2024 $7,340,302 $5,480,366 $99,265,159 $1,859,936
2023 $7,362,735 $4,748,473 $87,460,404 $2,614,262
2022 $14,379,195 $5,954,600 $77,504,280 $8,424,595
2021 $8,255,046 $4,117,026 $92,244,712 $4,138,020
2020 $6,843,617 $4,963,956 $70,035,301 $1,879,661
2019 $7,981,394 $3,445,037 $69,452,817 $4,536,357
2018 $5,218,366 $3,013,587 $64,812,735 $2,204,779
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