Rethos FY2020 filing
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Connects people with historic places to boost community vitality. For fiscal year 2020 it reported $1.8M in revenue, $1.1M in expenses, and $2.3M in net assets.Pt I
Summary of the Filing
Where the work happens
Preservation alliance of MN dba rethos promotes the use of main street approach as a tool for downtown revitalization, building reuse, new business development and entrepreneurial support, and community vibrancy. Currently there are 11 designated main street communities and 8 network communities.
We partnered on 6 new real estate projects in minnesota, wisconsin, iowa, and texas. We've helped install artwork in common areas, interpret historical information for the public, and invested in the development of the buildings by leveraging the state historic tax credits.
In 2020, the education program reached 1,237 students from 63 unique counties. People learned how to restore wood windows, repair plaster, draft a maintenance plan, and find resources for rehabbing old homes, among other topics. Additionally, realtors were educated through old home certified, a realtor certification course.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Compensation history total reportable pay by year · 3 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2020 |
|---|---|---|---|---|
| Heidi Swank | $116,693 | $118,215 | $114,895 | — |
| Todd Wright | — | — | — | $81,970 |
| Doug Gasek | — | — | — | $54,000 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 85% | — | — |
| Overhead ratio | 12% | — | — |
| Fundraising cost ratio | 7% | — | — |
| Accounting fee ratio | 1% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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