Luverne Area Community Foundation
Donations deductibleRevenue
$2.9m
year to 31 December 2024
Expenses
$2.3m
year to 31 December 2024
Total assets
$8m
$470k liabilities
Net assets
$7.5m
assets less liabilities
Directors and trustees
12
7.0y av
Staff
2
employees, year to 31 December 2024
Left since last filing
0
no seats appear to have opened
Voting members
12
reported in Part VI
Luverne Area Community Foundation's network
12 people2 organisationsi12 people and 2 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (12). Violet dotted lines (2) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
12 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 12 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Gary Overgaard | Director | 2020 | 6 yrs |
| Isaac Deboer | President | 2018 | 8 yrs |
| Jeff Haubrich | Director | 2018 | 8 yrs |
| Jim Juhl | Director | 2018 | 8 yrs |
| Josh Teune | Director | 2022 | 4 yrs |
| Keith Elbers | Director | 2018 | 8 yrs |
| Kevin Thelen | Director | 2020 | 6 yrs |
| Nancy Sandager | Director | 2018 | 8 yrs |
| Ron Honken | Treasurer | 2022 | 4 yrs |
| Sharla Reisch | Vice Preside | 2018 | 8 yrs |
| Tammy Johnson | Secty | 2019 | 7 yrs |
| Wayne Robinson | Director | 2022 | 4 yrs |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Keith Elbers | Vice Preside | 1 | $0 | ||
| Melissa Fick | Director | 1 | $0 | ||
| Tracy Hansen | Director | 1 | $0 | ||
| Ron Honken | Treasurer | 1 | $0 | ||
| Tammy Johnson | Secty | 1 | $0 | ||
| Jim Juhl | Director | 1 | $0 | ||
| Knute Oldre | Director | 1 | $0 | ||
| Gary Overgaard | Director | 1 | $0 | ||
| Sharla Reisch | President | 1 | $0 | ||
| Wayne Robinson | Director | 1 | $0 | ||
| Josh Teune | Director | 1 | $0 | ||
| Kevin Thelen | Director | 1 | $0 |
No pay was reported for anyone in Part VII on this return.
About
- Legal name
- Luverne Area Community Foundation
- EIN
- 411512905
- Address
- Po Box 623, Luverne, MN, 56156-0623
- State
- Minnesota
- Mission
- Luverne area community foundation is a publicly supported community foundation that attracts, manages, and distributes charitable contributions and grants to its primary service area, rock county, minnesota, which has a population of approximately 10,000. (as filed on the Form 990)
- Activity (NTEE)
- T31 Philanthropy, voluntary services and grantmaking
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Philanthropy, Voluntarism & Grantmaking Foundations
- Size band
- 7 (IRS master file code)
- Formed
- 1992
- Principal officer
- Sharla Reisch (as named on the Form 990)
- IRS ruling date
- 1 November 1992
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 4, latest 2022
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥8years on the filingsIsaac Deboer
≥8years on the filingsJeff Haubrich
≥8years on the filingsJim Juhl
≥8years on the filingsKeith Elbers
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $8m
- Total liabilities
- $470k
- Net assets or fund balances
- $7.5m
- Contributions and grants received
- $2.2m
- Program service revenue
- $0
- Grants and similar paid out
- $1.8m
- Employees
- 2
Grants paid
17 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.| Recipient | Purpose | Amount |
|---|---|---|
| Kids Rock Inc | $527k | |
| Luverne Area Community Foundation | $159k | |
| Luv1luvall | $125k | |
| Rock County Historical Society | History center | $100k |
| Just for Nuts | $90k | |
| Rock County Foodshelf | Local foodshelp | $50k |
| Sanford Hospice | $50k | |
| Blue Mounds Area Theater | Theater update | $45k |
| Child Guide Program-Luverne Public | Mentor assist. Progr | $41k |
| Luverne Backpack Program | Child food program | $27k |
| Rock County AG | Support rock co fair | $20k |
| City of Magnolia | $19k | |
| Big Buddies-County of Rock | Child mentor program | $15k |
| Generations Inc | $14k | |
| HBCS - Help Build Comm Stronger | $9k | |
| Sanford Luverne | $7k | |
| Rock County Opportunity | $5k |