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SRC IS COMMITTED TO MAKING HOMES HEALTHY, SAFE AND ENERGY EFFICIENT FOR LOW INCOME RESIDENTS OF MINNESOTA. FOR OVER 45 YEARS, SRC HAS SPECIALIZED IN WEATHERIZATION, LEAD HAZARD DETECTION AND REMEDIATION, HEALTHY HOMES TRAINING AND AGING IN PLACE SERVICES. SRC FOCUSES ON RETROFITTING HOMES TO IMPROVE THE INDOOR LIVING ENVIRONMENT. ENERGY EFFICIENCY PROGRAMS MAKE THE HOME MORE AFFORDABLE BY REDUCING THE AMOUNT OF ENERGY REQUIRED TO HEAT AND COOL THE STRUCTURE. HEALTHY HOMES PROGRAMS REMOVE HEALTH RISKS SUCH AS LEAD PAINT, RADON, MOLD, ETC. SRC ALSO CONDUCTS COMMUNITY OUTREACH, PROVIDES EDUCATIONAL TRAINING, AND TESTS CHILDREN FOR LEAD POISONING.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2024
Total Revenue
▼$14.9M
Program Spending
95%
of total expenses go to program services
Total Contributions
$5M
Total Expenses
▼$14.1M
Total Assets
$5.2M
Total Liabilities
▼$1.5M
Net Assets
$3.6M
Officer Compensation
→$258.6K
Other Salaries
$1.6M
Investment Income
$0
Fundraising
▼N/A
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$1.4M
Awards Found
1
| Awarding Agency | Description | Amount | Fiscal Year | Period | Link |
|---|---|---|---|---|---|
| Department of Housing and Urban Development | OPERATION LEAP | $1.4M | FY2008 | Oct 2007 – — | Open → |
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
10
Clean Audits
10
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2025 | Clean | Unmodified (Clean) | $3.8M | Yes | 2026-06-23 |
| 2024 | Clean | Unmodified (Clean) | $4.6M | Yes | 2025-06-24 |
| 2023 | Clean | Unmodified (Clean) | $4.5M | Yes | 2024-07-01 |
| 2022 | Clean | Unmodified (Clean) | $4.4M | Yes | 2023-05-21 |
| 2021 | Clean | Unmodified (Clean) | $3.7M | Yes | 2022-06-12 |
| 2020 | Clean | Unmodified (Clean) | $2.1M | Yes | 2021-06-15 |
| 2019 | Clean | Unmodified (Clean) | $2.9M | Yes | 2020-06-30 |
| 2018 | Clean | Unmodified (Clean) | $3M | Yes | 2019-06-14 |
| 2017 | Clean | Unmodified (Clean) | $2.7M | Yes | 2018-06-19 |
| 2016 | Clean | Unmodified (Clean) | $2.1M | Yes | 2017-06-12 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$3.8M
Financial Report
Unmodified (Clean)
Federal Expenditure
$4.6M
Financial Report
Unmodified (Clean)
Federal Expenditure
$4.5M
Financial Report
Unmodified (Clean)
Federal Expenditure
$4.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$3.7M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.1M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.9M
Financial Report
Unmodified (Clean)
Federal Expenditure
$3M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.7M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.1M
Tax Year 2024 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2024IRS e-File | $14.9M | $5M | $14.1M | $5.2M | $3.6M |
| 2023 | $12M | $4.9M | $11.6M | $4.9M | $2.9M |
| 2022 | $10.7M | $4.5M | $10.3M | $4.3M | $2.4M |
| 2021 | $9.5M | $3.9M | $9M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2023 | 990 | DataIRS e-File | PDF not yet published by IRSView Filing → |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2024)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Jed Norgaarden | Executive Director | 40 | $226.2K | $0 | $32.4K | $258.6K |
| Chris Wilson | Treasurer | 1 | $0 | $0 | $0 | $0 |
| Richard Kavaney | Chairperson | 1 | $0 | $0 | $0 | $0 |
| Becky Yust | Secretary | 1 | $0 | $0 | $0 | $0 |
Jed Norgaarden
Executive Director
$258.6K
Hrs/Wk
40
Compensation
$226.2K
Related Orgs
$0
Other
$32.4K
Chris Wilson
Treasurer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Richard Kavaney
Chairperson
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Becky Yust
Secretary
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Daniel Roberts | Energy Programs Director | 1 | $111K | $0 | $22.2K | $133.2K |
Daniel Roberts
Energy Programs Director
$133.2K
Hrs/Wk
1
Compensation
$111K
Related Orgs
$0
Other
$22.2K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Dan Chen | Board Member | 1 | $0 | $0 | $0 | $0 |
| Mark Gleason | Board Member | 1 | $0 | $0 | $0 | $0 |
| Reilly Goodwin | Board Member | 1 | $0 | $0 | $0 | $0 |
Dan Chen
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mark Gleason
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Reilly Goodwin
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $3.3M |
| $2M |
| 2020 | $6.5M | $2.6M | $6.4M | $2.4M | $1.4M |
| 2019 | $8.4M | $3.4M | $8.2M | $2.8M | $1.2M |
| 2018 | $8.2M | $3.6M | $7.9M | $2.1M | $1.1M |
| 2017 | $7.1M | $3.3M | $7M | $1.8M | $839.5K |
| 2016 | $6.3M | $2.6M | $6.2M | $1.6M | $752.6K |
| 2015 | $7.1M | $3.6M | $6.8M | $1.2M | $570.9K |
| 2014 | $3.9M | $2.8M | $3.9M | $1.3M | $252.8K |
| 2013 | $3.7M | $2.3M | $3.8M | $688.7K | $223.4K |
| 2012 | $4M | $2.4M | $4M | $685K | $328.2K |
| 2011 | $6.3M | $5M | $6.3M | $709.3K | $318.7K |
PDF not yet published by IRSView Filing → |
| 2021 | 990 | Data |
| 2020 | 990 | Data | PDF not yet published by IRS |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data | PDF not yet published by IRS |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |