Overview
What is Minnesota Valley Action Council Inc?
Minnesota Valley Action Council Inc is a nonprofit organization located at 706 North Victory Drive in Mankato, Minnesota (ZIP code 56001). Their primary mission is to provide energy assistance and COVID relief to eligible low-income households. This program aims to help households manage their heating bills through direct payments to fuel or utility vendors. In response to the ongoing challenges brought about by rising energy costs, the Minnesota Valley Action Council served over 8,240 households with energy assistance and approximately 2,560 households with COVID relief. Their work encompasses rent, utilities, food supports, and weatherization, offering households much-needed financial relief. In addition to their core mission, the organization strives to develop resources and opportunities that empower individuals and communities.
Official website here: www.mnvac.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 100% - Four-Star out of Four Star rating
Minnesota Valley Action Council Inc has achieved a perfect score of 100% from Charity Navigator, indicating a high level of accountability and finance management. This rating is based solely on the organization’s financial practices, demonstrating their commitment to transparency and responsible stewardship of resources.
The organization excels in several key areas, including having a completely independent board and robust financial oversight mechanisms. They maintain a low liabilities to assets ratio and an impressive program expense ratio, ensuring that the majority of funds are directed towards their programs rather than administrative costs. This focus on effective financial management reflects positively on their ability to fulfill their mission.
While the data highlights strong financial accountability, it does not provide insights into the organization's programmatic effectiveness or community impact. Future evaluations could benefit from assessing these areas to provide a more comprehensive view of the nonprofit’s overall performance and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Minnesota Valley Action Council Inc?
86% of 8 reviewers on Facebook recommend Minnesota Valley Action Council Inc. Here is a summary of their reviews:
The overall sentiment towards the organization is positive, with users expressing enjoyment and appreciation for specific events, particularly highlighting the Denim and Diamonds event as a standout experience. Participants felt that the council organizes engaging activities that foster community involvement and connection.
While the number of reviews is limited, the enthusiasm shown in the positive comments suggests that Minnesota Valley Action Council Inc successfully creates enjoyable experiences for its attendees. This indicates a promising level of satisfaction with the nonprofit's efforts to engage the community.
This AI summary has been generated from reviews found on Facebook.
Is Minnesota Valley Action Council Inc legitimate?
Minnesota Valley Action Council Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota Valley Action Council Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $147,096
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,190,606
For more financial information, click here
Official website here: www.mnvac.org
What is the mission statement of Minnesota Valley Action Council Inc?
The Minnesota Valley Action Council Inc is dedicated to creating resources and opportunities that empower people and communities. This non-profit organization focuses on providing assistance to low-income households facing financial hardships caused by rising energy costs. Their primary mission is to help eligible households pay their heating bills by making direct payments to fuel or utility vendors on their behalf. In response to the COVID-19 pandemic, the council also extended its services to provide assistance with rent, utilities, food supports, and weatherization. Through these initiatives, they were able to assist approximately 10,800 households in need.
Official website here: www.mnvac.org
What is the revenue of Minnesota Valley Action Council Inc?
Minnesota Valley Action Council Inc's revenue in 2024 was $27,158,936.
Official website here: www.mnvac.org
Who are the executives of Minnesota Valley Action Council Inc and what are their salaries?
The average compensation at Minnesota Valley Action Council Inc during 2024 was $15,612. There are 470 employees and 800 volunteers at Minnesota Valley Action Council Inc.
Here are 26 key members and their salaries:
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- Compensation: $121,100
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- Other: $24,329
Official website here: www.mnvac.org
Where can I find the form 990 for Minnesota Valley Action Council Inc?
Minnesota Valley Action Council Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.mnvac.org
Learn more at the official website: www.mnvac.org
Mission Statement of Minnesota Valley Action Council Inc
Minnesota Valley Action Council Inc, a nonprofit organization, is committed to developing resources and opportunities that empower people and communities. Through its mission, the council focuses on assisting low-income households in overcoming the hardships brought about by rising energy costs. The organization's primary program aims to help eligible households by making direct payments towards their heating bills on their behalf. In the 2020-2021 period, this program served approximately 8,240 households.
Beyond energy assistance, Minnesota Valley Action Council Inc also extended a helping hand to those in need during the COVID-19 pandemic. The organization provided relief by making direct utility company or landlord payments to eligible households for rent, utilities, food supports, and weatherization. This initiative served approximately 2,560 households, offering crucial support during challenging times. Overall, Minnesota Valley Action Council Inc's mission is to create lasting impact by empowering people and communities through essential resources and opportunities.
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Impact
October, 2024
Minnesota Valley Action Council Inc significantly enhances the lives of individuals and families in the community by empowering low-income households through essential support services. The organization addresses the pressing issue of rising energy costs by offering a Low-Income Energy Assistance program, which has directly benefited 8,240 households. This support comes in the form of direct payments to fuel and utility vendors, helping alleviate the financial burden of heating bills for those in need.
In addition to energy assistance, the organization has played a crucial role in providing COVID relief to approximately 2,560 households. This comprehensive support includes assistance with rent, utilities, food resources, and weatherization, ensuring that vulnerable families can maintain stability during challenging times. By offering such vital resources, Minnesota Valley Action Council Inc fosters community improvement and empowers individuals, ultimately contributing to stronger, more resilient communities in Mankato and surrounding areas.
This information is meant to be a general summary of Minnesota Valley Action Council Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $107,737
- Program Service Revenue: $3,365,132
- Gross Receipts: $27,188,125
Assets and Liabilities:
- Total Assets: $12,018,161
- Total Liabilities: $3,077,233
- Net Assets: $8,940,928
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THRIFT STORE SALES
Revenue
$2,266,233
FEE FOR SERVICES
Revenue
$720,250
LEASE SPACE/LAUNDRY
Revenue
$226,248
CAR LEASE SALES
Revenue
$136,866
FISCAL AGENT SERVICES
Revenue
$15,535
Organization Details
Founding Year
1965
Principal Officer
Amanda Mackie
Website
www.mnvac.orgNTEE Category
Code: S200 - Community improvement
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