West Central Minnesota Communities Action Inc

What it reported doing in 2024

The family and community services department operates a variety of programs to serve the low-income, which includes emergency services, homelessness, parenting time and exchange center, transitional housing, and permanent supportive housing programs. Number of participants served: emergency housing applications received-660 applications, homeless rental assistance-65 participants, prevention rental assistance-126 participants, emergency shelter program hotel vouchers-129 households, pope county hotel vouchers-7 households, hra cares-3 households, transitional housing-10, house keys-7 households, homework starts at home-9 households, long term homeless-29 households, launch pad-17 households, housing supports-22 households, homeless to housed-13 households, amhi-12 households, and parenting time & exchanges-810 services provided. Mnsure aplications completed totaled 71.the family assets for independence in Minnesota (faim) program is a state-supported initiative that helps low-income households build financial stability through matched savings. Participants open a dedicated savings account and deposit earned income, which is matched at a rate of $3 for every $1 saved, allowing families to significantly increase their purchasing power for approved asset goals such as homeownership, post-secondary education, small business development, 529 for dependent child, purchase of a vehicle, or starting an emergency savings up to $2,000. Participants can save up to $4,000, and with the match, accumulate as much as $16,000 with $8,000 for the emergency savings track. Faim is not a loan or grant but a savings-based program governed by state statute, promoting long-term economic independence. The main funding source for the faim program is the department of children, youth, and families (dcyf), and all the savings' accounts are kept at old national bank. To qualify, households must have an adjusted gross income at or below 200% of the federal poverty level and total net assets of $10,000 or less, with deposits coming from earned income within a 24-month timeframe. This program encourages consistent saving habits and provides guidance for achieving asset-building goals that strengthen financial security. West central Minnesota communities action serves as the fiscal host for the family assets for independence in Minnesota (faim) program. In the past year alone, 60 asset payouts were distributed statewide: 9 for business development, 2 for emergency savings, 17 for home purchases, 1 for post-secondary education, and 31 for vehicles. Our provider network of 25 agencies remains essential in guiding clients toward financial independence, having delivered over 1,000 hours of financial training during the past year.the free tax preparation program serves low to middle income households throughout wcmca's five county service area. The program is funded by the IRS and the Minnesota department of revenue. The program served 1,142 households this past tax seasonhome care and repair continues to support older adults in maintaining their independence by delivering chore and homemaking services. This year, we provided 227 chore services and 368 homemaking services. In addition to delivering these essential services, our team engages with clients through regular interactions and collaborates with their support networks to facilitate referrals for additional services that may assist them in remaining safely in their homes.the home care and repair program now includes a tool share component. As many older adults who downsize may lack adequate space for household repair tools, this initiative enables them or individuals assisting them to borrow necessary equipment. Ready ride has delivered 71,662 miles of transportation services this year. As a volunteer driver program, ready ride offers rides to older adults for social activities and appointments. Additionally, the program provides non-emergency medical transportation for prime west-enrolled adults and senio

Financial Efficiency

• Mission deployment rate: 93.7%; rating input score 94
• Program expense ratio: 93.2%; rating input score 93
• Fundraising efficiency: $173.43 raised per $1 spent on fundraising; rating input score 89; 89th percentile among comparable filings

Transparency & Controls

• Consistency checks: 92.9%; rating input score 93; 10th percentile among comparable filings
• Pay-setting controls: 2 of 6 controls in place; rating input score 33
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 99%; rating input score 99; 32nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -0%; rating input score 31; 31st percentile among comparable filings
• Total-asset coverage ratio: 0.49; rating input score 15; 15th percentile among comparable filings
• Liabilities to assets ratio: 0.53; rating input score 27; 27th percentile among comparable filings
• Officer compensation ratio: 3.2%; rating input score 66; 66th percentile among comparable filings

Growth

• Program expense growth: 5.8% per year; rating input score 100; 48th percentile among comparable filings
• Revenue growth: 3.9% per year; rating input score 100; 33rd percentile among comparable filings
• Asset growth: 0.3% per year; rating input score 100; 11th percentile among comparable filings