Community Foundation

LUVERNE AREA COMMUNITY FOUNDATION

LUVERNE AREA COMMUNITY FOUNDATION is a nonprofit organization categorized as Community Foundation based in LUVERNE, MN. Its most recent IRS filing (2024) reports revenue of $2.9M, expenses of $2.3M, total assets of $8.0M. Imperigo tracks 22 reported grant relationships connected to this organization totaling approximately $2.8M.

EIN: 411512905 LUVERNE, MN Community Foundations NTEE: T31 Latest filing: 2024
Total Revenue$2.9M
Total Expenses$2.3M
Total Assets$8.0M
Grant Records22
Funding Total$2.8M
Filing Years2018–2024

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.

Where $100 goes at Luverne Area Community Foundation

How Luverne Area Community Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$88 Programs the work itself
$5 Management running the organization
$7 Fundraising raising the next dollar

Inside the $88 for programs

$88
Luverne Area Community Foundation's primary activity is grant making aimed at improving the quality of life in lacf's service area
All program spending · Reported in the filing: 30 organizations
Share on LinkedIn Share on Facebook
Add this to your website

Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Gary Overgaard
DIRECTOR Jim Juhl
DIRECTOR Josh Teune
VICE PRESIDE Keith Elbers
DIRECTOR Kevin Thelen
DIRECTOR Knute Oldre

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$2,334,500 1 grant
Youth Development
$67,500 6 grants
Economic Development
$52,303 4 grants
Human & Social Services
$45,975 1 grant
General Support
$45,897 4 grants

Financial Trends

Year Revenue Expenses Assets
2024 $2.9M $2.3M $8.0M
2022 $2.2M $2.3M $5.7M
2020 $1.6M $1.0M $5.7M
2019 $2.2M $1.2M $5.0M
2018 $1.1M $735K $4.0M

Between 2018 and 2024, reported annual revenue grew from $1.1M to $2.9M (+154%), with total assets most recently reported at $8.0M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for LUVERNE AREA COMMUNITY FOUNDATION

Complete financials, all 22 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
7-day free trial Cancel any time