MANKATO, MN
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)MINNESOTA VALLEY ACTION COUNCIL INC, founded in 1965, is a mid-sized nonprofit in the Community Improvement sector that reported $28.6M in total revenue in fiscal year 2024. Expenses of $27.5M left a modest 4% surplus.
DEVELOP RESOURCES AND OPPORTUNITIES WHICH EMPOWER PEOPLE AND COMMUNITIES.
HOUSING - MINNESOTA HOUSING FINANCE AGENCY (MHFA) MONEY IS AVAILABLE TO MAKE ENERGY-SAVING AND GENERAL HOME IMPROVEMENTS FOR HOMEOWNERS OF ALL INCOME LEVELS. MHFA SUBSIDIZES LOANS TO ENCOURAGE...
HOUSING - MINNESOTA HOUSING FINANCE AGENCY (MHFA) MONEY IS AVAILABLE TO MAKE ENERGY-SAVING AND GENERAL HOME IMPROVEMENTS FOR HOMEOWNERS OF ALL INCOME LEVELS. MHFA SUBSIDIZES LOANS TO ENCOURAGE HOMEOWNERS TO MAKE HOME IMPROVEMENTS TO HELP MAINTAIN THE IMAGE OF CLEAN, WELL-RUN RURAL COMMUNITIES. LOAN PROGRAMS INCLUDE FIX-UP LOAN, COMMUNITY FIX-UP REHABILITATION LOAN, AND RENTAL REHABILITATION LOAN PROGRAMS. WE ASSISTED 85 PEOPLE TO SECURE LOW INTEREST LOANS SO THEY COULD MAKE NEEDED IMPROVEMENTS TO THEIR HOMES. MHFA PROVIDES FUNDING FOR HOMELESS PREVENTION TO HELP HOUSEHOLDS FROM EITHER BECOMING HOMELESS BECAUSE OF AN EVICTION, OR IF THEY ARE CURRENTLY HOMELESS, (BY HUD'S DEFINITION) GET THEM INTO PERMANENT HOUSING. FACILITATED 9 HOMELESSNESS RESPONSE TEAMS. ASSISTED 355 HOUSEHOLDS WITH SERVICES THAT PREVENTED THEM FROM JOINING THE RANKS OF HOMELESS STATISTICS. WEATHERIZATION ASSISTANCE - THIS PROGRAM IS AVAILABLE TO BOTH LOW-INCOME HOMEOWNERS AND RENTERS IN THE NINE-COUNTY AREA. IT IS DESIGNED TO PROVIDE ENERGY CONSERVATION SERVICE SUCH AS FURNACE MODIFICATIONS, CAULKING, WEATHERSTRIPPING, ATTIC INSULATION, REPAIR OF PRIMARY WINDOWS, STORM WINDOWS, MINOR FOUNDATION REPAIRS AND INSULATION, HOT WATER HEATER AND PIPE INSULATION AND FURNACE MAINTENANCE. THE PRIMARY PURPOSE OF THE PROGRAM IS TO PREVENT HEAT LOSS IN THE HOME AND THUS REDUCE ENERGY CONSUMPTION FOR LOW-INCOME HOUSEHOLDS. SERVED WERE 194 HOUSEHOLDS AND REPLACED OR REPAIRED 248 FAULTY FURNACES. LOW-INCOME HOUSING ASSISTANCE - UNDER THE HUD SECTION 8 VOUCHER CHOICE PROGRAM RENT SUBSIDY PAYMENTS ARE PROVIDED FOR QUALIFIED LOW-INCOME FAMILIES AND ELDERLY, DISABLED OR HANDICAPPED PERSONS RENTING FROM PRIVATE LANDLORDS. THE PARTICIPANTS PAY UP TO 30% OF THEIR INCOME TOWARDS RENT AND UTILITIES AND THE BALANCE IS PAID DIRECTLY TO THE LANDLORD THROUGH HUD FUNDING. APPROXIMATELY 355 HOUSEHOLDS WERE SERVED. COMMUNITY DEVELOPMENT BLOCK GRANT - THIS PROGRAM PROVIDES FUNDS FOR HOUSING REHABILITATION WITH DEFERRED LOAN REPAYMENT OVER AN EXTENDED PERIOD OF TIME. CURRENTLY, MVAC OPERATES THE CDBG PROGRAM IN THE CITIES OF MANKATO AND AMBOY, AND IN DAKOTA COUNTY SERVED WERE OVER 20 HOUSEHOLDS OR COMMERCIAL BUILDINGS.
HEAD START - 508 LOW-INCOME CHILDREN PARTICIPATED IN QUALITY PRESCHOOL. HEARING AND VISION SCREENINGS WERE PROVIDED TO 260 CHILDREN. 203 CHILDREN RECEIVED DENTAL EXAMS, SOME FOR THE VERY FIRST TIME...
HEAD START - 508 LOW-INCOME CHILDREN PARTICIPATED IN QUALITY PRESCHOOL. HEARING AND VISION SCREENINGS WERE PROVIDED TO 260 CHILDREN. 203 CHILDREN RECEIVED DENTAL EXAMS, SOME FOR THE VERY FIRST TIME. PROVIDED 120 PREGNANT WOMEN, INFANTS AND TODDLES WITH QUALITY HOME VISITING SERVICES. 520 VOLUNTEERS CONTRIBUTED THEIR TIME TO ENHANCE THE SERVICE PROVIDED TO FAMILIES.
EMPLOYMENT AND TRAINING - 199 ADULTS GAINED EMPLOYMENT WITH OUR WORKFORCE DEVELOPMENT TRAINING AND ASSISTANCE. PROVIDED TRAINING TO 73 INDIVIDUALS WHO LOST THEIR JOBS DUE TO BUSINESS/PLANT CLOSING OR...
EMPLOYMENT AND TRAINING - 199 ADULTS GAINED EMPLOYMENT WITH OUR WORKFORCE DEVELOPMENT TRAINING AND ASSISTANCE. PROVIDED TRAINING TO 73 INDIVIDUALS WHO LOST THEIR JOBS DUE TO BUSINESS/PLANT CLOSING OR DOWNSIZING. 277 AT-RISK TEENAGERS HAD THE OPPORTUNITY TO LEARN AND EARN THROUGH PAID WORK EXPERIENCE, PLANNING FOR CAREERS AND ACHIEVING SUCCESS IN THEIR EDUCATION AND TRAINING. PROVIDED SERVICES THROUGH MINNESOTA FAMILY INVESTMENT PROGRAM (MFIP) IN THE COUNTIES OF LESUEUR, NICOLLET, BROWN, SIBLEY, AND WASECA. THESE SERVICES ARE DESIGNED TO DECREASE LONG-TERM WELFARE DEPENDENCY. SERVED WERE APPROXIMATELY 547 INDIVIDUALS. SUPPLEMENTAL NUTRITION ASSISTANCE PROGRAM (SNAP) - EMPLOYMENT AND TRAINING - PARTICIPANTS TAKE STEPS TO IMPROVE SKILLS THAT CAN LEAD TO A CAREER AND FINANCIAL INDEPENDENCE. APPROXIMATELY 153 HOUSEHOLDS WERE SERVED.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $28,608,083 | $27,158,936 | +0.1% |
| Expenses | $27,509,664 | $26,817,255 | +0.0% |
| Net Income | $1,098,419 | $341,681 | +2.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| BILL GROSKREUTZ | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LAKYN BREMER | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KAREN WERLING | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN ROPER | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KEITH HENNEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRISTINE JONES | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BRAD MILBRATH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN GUSHWA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PANDA HAM | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MYLETTE CABRERA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| NICOLE HELGET | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SHAWN BOYLE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KEVIN KRISTENSEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LISA SCHUMANN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID BORCHERT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KAREN ANDERSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KOFI DANSO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LAVERN FRANKE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LORI JINDRA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOE HODAPP | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JACK KOLARS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JUDY KUSTER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DE MALTERER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SHARON MAURER-GRAU | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SARA PIERCE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TANYA REDFIELD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVE ROHLFING | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| VICKI STOCK | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ELVIN THIESSEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BILL MILLER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KIP BRUENDER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LYNN MICHEL | DIRECTOR - PART YEAR | 1.00 |
Director
|
$0 | $0 | $0 |
| LAURIE LEPPERT | DIRECTOR - PART YEAR | 1.00 |
Director
|
$0 | $0 | $0 |
| NIKKI KRUGER | DIRECTOR - PART YEAR | 1.00 |
Director
|
$0 | $0 | $0 |
| AMANDA MACKIE | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$142,635 | $29,868 | $172,503 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $28,608,083 | $27,509,664 | $15,630,423 | $1,098,419 |
| 2024 | $27,158,936 | $26,817,255 | $14,892,952 | $341,681 |
| 2023 | $28,437,376 | $27,462,799 | $13,891,918 | $974,577 |
| 2022 | $29,353,976 | $28,187,916 | $12,018,161 | $1,166,060 |
| 2021 | $23,954,800 | $23,469,917 | $11,638,175 | $484,883 |
| 2020 | $21,968,120 | $21,257,004 | $10,859,917 | $711,116 |
| 2019 | $22,236,647 | $21,696,964 | $10,730,067 | $539,683 |
Compare MINNESOTA VALLEY ACTION COUNCIL INC with other nonprofits in Minnesota and across the country.