MINNESOTA VALLEY ACTION COUNCIL INC

MANKATO, MN, 56001-6803 (507) 345-6822 Est. 1965 EIN 41-6050353
S200— Community Improvement Form 990 501(c)(3)
WWW.MNVAC.ORG

Mission

DEVELOP RESOURCES AND OPPORTUNITIES WHICH EMPOWER PEOPLE AND COMMUNITIES.

Giving Portfolio

Total Grants
41
Total Giving
$6.7M
Recipients
41
Years Active
2018 - 2024
Avg grant: $165,481 Median: $107,814

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20246$1.3M $212K06
20236$974K $162K06
20226$1.1M $179K06
20207$1.1M $158K07
20197$1.0M $143K16
20189$1.3M $139K90

Sectors Funded

Employment
13
Human Services
3

Top States

Minnesota
41

Grantee Size Profile

Over $50M
9
$1M - $5M
6
$5M - $10M
1

Top Grantees

Page 1 of 2
HUMAN SERVICES FARIBAULTMARTIN CO
MN - 5 grants
$1.6M
MN DEPARTMENT OF EMPLOYMENT & ECONOMIC DEV
MN - 5 grants
$1.6M
MN DEPARTMENT OF EMPLOYMENT & ECONOMIC DEVELOPMENT
MN
$521K
HUMAN SERVICES WATONWAN CO
MN - 5 grants
$446K
HUMAN SERVICES OF FARIBAULTMARTIN CO
MN
$274K
SOUTH CENTRAL SERVICE COOP
MN - 3 grants
$229K
MANKATO AREA ADULT BASIC EDUCATION
MN - 2 grants
$148K

Grants Awarded · 16 grants

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Financials

Total Revenue
$28,608,083
Total Expenses
$27,509,664
Net Assets
$11,670,864
566 employees 800 volunteers
From latest filing (tax period ending 2025-03-31)

Financial Health

Operating Reserve
5.1 months Adequate
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 5.3%
Expenses ↑ 2.6%
Revenue Sources
Contributions 87.2% Earned revenue 11.8% Investment 1.1%
Expense Breakdown
Program 96.3% Management 3.6% Fundraising 0.2%

Officers & Trustees (35)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 Form 990
Apr 1, 2024 to Mar 31, 2025
$28,608,083 $27,509,664$11,670,864
2023 Form 990
Apr 1, 2023 to Mar 31, 2024
$27,158,936 $26,817,255$10,454,581
2022 Form 990
Apr 1, 2022 to Mar 31, 2023
$28,437,376 $27,462,799$9,819,879
2020 Form 990
Apr 1, 2020 to Mar 31, 2021
$23,954,800 $23,469,917$7,908,191
2019 Form 990
Apr 1, 2019 to Mar 31, 2020
$21,968,120 $21,257,004$7,194,132
2018 Form 990
Apr 1, 2018 to Mar 31, 2019
$22,236,647 $21,696,964$6,483,724

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EIN: 41-6050353 · Source: IRS Form 990 e-file data