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Minnesota Assistance Council for Veterans

Saint Paul, MN · EIN 41-1694717 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Minnesota Assistance Council for Veterans reported $26.4 million in revenue and $21.2 million in expenses for calendar year 2024. Of every $100 it spent, $86.95 went to program services, $8.73 to management and general costs and $4.32 to fundraising. Its largest source of revenue was contributions and grants: 94.8% of the total. Government grants made up 69.5%. The highest compensation it reported for one person was $261,614 (PRESIDENT AND CEO). 7 people received more than $100,000 in reportable compensation. Revenue rose 270% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $21M

For context, the median across 409 covered employment charities: $88.97 programs, $11.03 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $26M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 409 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
87.0%88.0%
Management & general
Part IX 25(C) ÷ 25(A)
8.7%10.9%
Fundraising
Part IX 25(D) ÷ 25(A)
4.3%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.04$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
94.8%22.8%
Government grants share of revenue
Part VIII 1e ÷ 12
69.5%1.4%
Program service revenue share
Part VIII 2g ÷ 12
4.4%62.6%
Highest reported compensation
Part VII-A, columns D–F
$261,614$297,435
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.23%1.26%
People paid over $100,000
Part VII, line 2
76
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
16.78.1
Independent voting board members
Part VI 1a–1b
13 of 13100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$12M expenses · 67.8% of program spending

Housing stability:macv's housing stability services are comprehensive case management services that work with veterans to help them gain skills needed to access and maintain permanent housing. Ongoing case management services include addressing issues that potentially affect housing, assisting in determining the type and location of affordable housing, assisting with rental payments and regularly meeting with veterans to ensure their long-term housing stability. Specialized services also exist within this program area targeted towards healthcare navigation, justice involved veteran supports…

$3.8M expenses · 20.5% of program spending · revenue $1.2M

Macv housing:macv owns and operated nearly 200 units of housing throughout minnesota in 2024. These housing units are focused on housing for veterans and their families who have either barriers to housing access with traditional landlords and/or levels of service need that can be met by living in macv's housing. In addition to direct costs of operating and maintaining facilities, macv has facilities management, property management, and residential services teams that exist to support veterans and their housing stability and these properties

$869K expenses · 4.7% of program spending

Other program services:other programming efforts complement and support core program areas. Outreach services connect directly with veterans living in homeless shelters or unsheltered locations and increase awareness of macv services in the community. Event and additional programming connects veterans and partners across all services

$1.3M all other programs (line 4d)

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT AND CEO
Officer, 40.00 hrs/week
$249,872$0$11,742$261,614
CFO
Officer, 40.00 hrs/week
$153,237$0$15,549$168,786
COO
Highest compensated employee, 40.00 hrs/week
$156,854$0$6,682$163,536
VP OF PROPERTY OPERATIONS
Highest compensated employee, 40.00 hrs/week
$124,358$0$24,494$148,852
CPO
Highest compensated employee, 40.00 hrs/week
$125,815$0$21,895$147,710
DEVELOPMENT DIRECTOR
Highest compensated employee, 40.00 hrs/week
$116,098$0$6,483$122,581
REGIONAL DIRECTOR
Highest compensated employee, 40.00 hrs/week
$110,561$0$4,975$115,536

7 people received more than $100,000 in reportable compensation from Minnesota Assistance Council for Veterans (Part VII, line 2). Compensation of current officers, directors and key employees totaled $430K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40M201920202021202220232024$26M$21M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$26M$21M87.0%$29M$261,614
2023 ⓘ$27M$20M85.8%$24M$246,842
2022 ⓘ$20M$12M81.5%$17M$235,156
2021 ⓘ$11M$9.7M83.5%$9.7M$223,865
2020 ⓘ$11M$8.8M83.7%$8.7M$240,085
2019 ⓘ$7.1M$7.1M80.0%$7.0M$199,056

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b13 · 13 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5147
  • Volunteers Part I, line 6974

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
WEST EDGE INVESTMENTS
Remodel/construction services
$2,126,630
JD ROOFING & CONSTRUCTION INC
Remodel/construction services
$255,253
J BECHER & ASSOCIATES
Security services
$218,535
SUCCESS COMPUTER CONSULTING INC
Information technology services
$192,043
SNOWGLOBE PUBLIC RELATIONS
Advertising services
$119,221

Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.

Private foundation grants it received

30 private foundations reported grants to Minnesota Assistance Council for Veterans totaling $2.2M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Minnesota Assistance Council for Veterans's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Minnesota Assistance Council for Veterans, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All employment charities · Largest charities in Minnesota

Questions people ask

How much of Minnesota Assistance Council for Veterans's spending goes to programs?

In calendar year 2024, Minnesota Assistance Council for Veterans reported that 87.0% of its $21.2 million in expenses went to program services, 8.7% to management and general and 4.3% to fundraising (Form 990, Part IX).

How much does Minnesota Assistance Council for Veterans pay its top executive?

The largest total compensation Minnesota Assistance Council for Veterans reported for one person in calendar year 2024 was $261,614, for the role of PRESIDENT AND CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Minnesota Assistance Council for Veterans get its money?

Of $26.4 million in revenue in calendar year 2024, 94.8% came from contributions and grants (including 69.5% from government grants) and 4.4% from program service revenue (Form 990, Part VIII).

Is Minnesota Assistance Council for Veterans a registered charity?

The IRS lists EIN 41-1694717 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202533189349310428 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202443139349301459 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202302909349301350 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202213159349305021 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202103169349307010 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202023189349305947 · read the filing

All filings for EIN 41-1694717: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.