This organization files Form 990, which has no section for application policy. Its filings cannot say either way.
The latest filing we hold carries no statement about applications. That is not the same as closed: public-charity Form 990s have no field for it, and many foundations leave the section blank.
Grants paid by year
Total assets by year
Where the money went · FY2025
Form 990 splits expenses into program services, management and fundraising. The split is self-reported, and a grantmaker, a research institute and a direct-service nonprofit book the same work differently. A line the return does not carry reads "not available"; it is never counted as zero.
| Year | Form | Revenue | Expenses | Grants paid | Assets | Net assets |
|---|---|---|---|---|---|---|
| FY2025 | 990 | $4,714,023 | $4,927,773 | $1,264,750 | $50,712,112 | $48,914,932 |
| FY2024 | 990 | $3,070,234 | $4,517,324 | $1,699,272 | $48,678,148 | $47,556,371 |
| FY2023 | 990 | $4,895,950 | $5,723,188 | $2,999,593 | $49,428,287 | $48,255,655 |
| FY2022 | 990 | $8,099,848 | $9,789,094 | $7,114,852 | $49,343,044 | $47,612,518 |
| FY2021 | 990 | $42,355,449 | $41,030,004 | $35,969,743 | $55,836,528 | $46,819,470 |
| FY2020 | 990 | $6,011,393 | $4,998,823 | $2,419,312 | $49,630,073 | $43,966,537 |
Figures are as reported on the e-filed return, with no restatement. Fiscal years are the funder's own tax year, labelled by the calendar year the period ends in. A blank line means the return does not carry that figure; a real zero shows as $0. When an amended return replaces an original, every figure here uses the amended return. The original is not shown. Giving is what the funder actually paid out toward its charitable purpose in the year (qualifying distributions on Form 990-PF, charitable disbursements otherwise). Assets are what it holds; giving is what moves.
Recipient focus areas
Where recipients are
Based on the 92% of grant rows we could match to an organization record. The rest stay as reported. The IRS assigns the NTEE category when it grants exemption. It often reflects the original filing, not today's giving.
| Recipient | Purpose | Amount | Year | Source |
|---|---|---|---|---|
| LAND BANK TWIN CITIESMINNEAPOLIS, MN | LENDING AND ACQUISITION CAPITAL | $1,750,000 | 2021 | |
Recipients are shown as the funder wrote them on the return. A recipient with a link was matched to an organization record; the rest stay as reported and are never guessed.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| John Quincy | CHAIRPERSON | 3.00 | $0 |
| Craig Klausing | VICE PRESIDENT/TREASURER | 3.00 | $0 |
| Kasey Kier | VICE PRESIDENT | 3.00 | $0 |
| Aarica Coleman | VICE PRESIDENT |
From the officer list on the latest e-filed return. Compensation is as reported there; a blank means the return carries no figure.
| Building equity down payment assistance |
| $1,292,400 |
| 2023 |
| BUILDWEALTH MNMINNEAPOLIS, MN | BUILDING EQUITY DOWN PAYMENT ASSISTANCE | $1,141,500 | 2022 |
| BUILD WEALTH MINNESOTAMINNEAPOLIS, MN | GENERAL OPERATIONS, AFFORDABILITY AND DOWNPAYMENT ASSISTANCE | $873,000 | 2021 |
| MN HOMEOWNERSHIP CENTERSAINT PAUL, MN | SUPPORT ADVANCING BLACK HOMEOWNERSHIP POST-PURCHASE SUPPORT AND POST-PURCHASE STRATEGY DEVELOPMENT | $835,000 | 2024 |
| CENTER FOR ENERGY AND ENVIRONMENTMINNEAPOLIS, MN | LENDING AND ACQUISITION CAPITAL | $750,000 | 2021 |
| Brandt Jens Kluge LPSaint Paul, MN | Capital improvements | $642,193 | 2023 |
| LAND BANK TWIN CITIESMINNEAPOLIS, MN | PROGRAM MANAGER AND EQUITY CAPITAL TO LEVERAGE WITH DEBT | $330,000 | 2020 |
| SOUTHERN MINNESOTA REGIONAL LEGAL SERVICESSAINT PAUL, MN | HOUSING STABILITY AND LITIGATION WORK | $325,000 | 2021 |
| MINNESOTA HOMEOWNERSHIP CENTERSAINT PAUL, MN | GENERAL OPERATING SUPPORT | $290,000 | 2020 |
| MID-MINNESOTA LEGAL AIDMINNEAPOLIS, MN | HEALTH AND SAFETY LITIGATION PROJECT IN HENNEPIN AND ANOKA COUNTIES | $270,000 | 2020 |
| LEGAL AIDMINNEAPOLIS, MN | EXPAND OPPORTUNITIES - HENNEPIN & ANOKA COUNTIES | $250,000 | 2022 |
| SOUTHERN MINNESOTA REGIONAL LEGAL SERVICESSAINT PAUL, MN | HEALTH AND SAFETY LITIGATION IN HENNEPIN AND ANOKA COUNTIES, EXPANSION OF RAMSEY CITY HOUSING COURT CLINIC | $250,000 | 2020 |
| MID-MINNESOTA LEGAL ASSISTANCE INCMINNEAPOLIS, MN | SUPPORT HEALTH AND SAFETY LITIGATION | $250,000 | 2021 |
| HOUSING JUSTICE CENTERST PAUL, MN | PRODUCE EDUCATIONAL MATERIALS FOR TENANT HOUSING SCREENING | $204,000 | 2025 |
| BUILDWEALTH MNMINNEAPOLIS, MN | BUILDING EQUITY DOWN PAYMENT ASSISTANCE | $200,600 | 2024 |
| MINNESOTA HOUSING PARTNERSHIPST PAUL, MN | MINNESOTA ERASE CAMPAIGN | $182,500 | 2025 |
| MINNESOTA HOMEOWNERSHIP CENTERSAINT PAUL, MN | HECAT AND SPANISH TRANSLATION | $180,200 | 2022 |
| MINNESOTA HOMEOWNERSHIP CENTERSAINT PAUL, MN | HECAT | $175,000 | 2021 |
| SOUTHERN MINNESOTA REGIONAL LEGAL SERVICESSAINT PAUL, MN | SAFETY AND STABILITY WORK | $175,000 | 2022 |
| LAND BANK TWIN CITIESMINNEAPOLIS, MN | SMALL MULTIFAMILY OWNERSHIP | $160,000 | 2022 |
| HOUSING JUSTICE CENTERSAINT PAUL, MN | RENTERS RECLAIM THE RECORD | $155,000 | 2022 |
| REGENTS OF THE UNIVERSITY OF MINNESOTACURAMINNEAPOLIS, MN | SUPPORT RESEARCH FOR SFR HOMES | $150,000 | 2025 |
| Home LineBloomington, MN | Support the hotline and education & training program | $150,000 | 2023 |
| HOUSINGLINKMINNEAPOLIS, MN | SUPPORT THE AFFORDABLE HOUSING DATA SYSTEMS PROJECT | $148,000 | 2025 |
| 3.00 |
| $0 |
| Elena Gaarder | VICE PRESIDENT | 3.00 | $0 |
| Anika Bowie | DIRECTOR | 2.00 | $0 |
| Alene Tchourumoff | DIRECTOR | 2.00 | $0 |
| Amy Stezel | DIRECTOR | 2.00 | $0 |
| Anisha Murphy | DIRECTOR | 2.00 | $0 |
| Ben Horowitz | DIRECTOR | 2.00 | $0 |
| Bill Droste | DIRECTOR | 2.00 | $0 |
| Brad Wiersum | DIRECTOR | 2.00 | $0 |
| Cristen Incitti | DIRECTOR | 2.00 | $0 |
| Elfric Porte | DIRECTOR | 2.00 | $0 |
| Jake Loesch | DIRECTOR | 2.00 | $0 |
| Jeremiah Ellison | DIRECTOR | 2.00 | $0 |
| John Decramer | DIRECTOR | 2.00 | $0 |
| Jules Atangana | DIRECTOR | 2.00 | $0 |
| Katie Cashman | DIRECTOR | 2.00 | $0 |
| Kizzy Downie | DIRECTOR | 2.00 | $0 |
| Marcus Schmit | DIRECTOR | 2.00 | $0 |
| Nelsie Yang | DIRECTOR | 2.00 | $0 |
| Nichol Dehmer | DIRECTOR | 2.00 | $0 |
| Spencer Finseth | DIRECTOR | 2.00 | $0 |
| Stephannie Lewis | DIRECTOR | 2.00 | $0 |
| Ellen K Sahli | PRESIDENT & CEO | 40.00 | $247,297 |
| Fumiko Salone | DIRECTOR OF OPERATIONS | 40.00 | $185,607 |
| Karyssa Scheck | DEVELOPMENT AND COMM. OFFICER | 40.00 | $122,390 |
| Andrea Inouye | PROGRAM DIRECTOR | 40.00 | $150,566 |
Form 990 · FY2024 · period ending Dec 31, 2024IRS bulk XML
Filing id 202521209349302702
Form 990 · FY2023 · period ending Dec 31, 2023IRS bulk XML
Filing id 202441149349301114
Form 990 · FY2022 · period ending Dec 31, 2022
Filing id 202321749349301012
Form 990 · FY2021 · period ending Dec 31, 2021
Filing id 202201169349300940
Form 990 · FY2020 · period ending Dec 31, 2020
Filing id 202101309349301865
Form 990 · FY2018 · period ending Dec 31, 2018
Filing id 201901349349306835
Form 990 · FY2017 · period ending Dec 31, 2017
Filing id 201841109349300814
Form 990 · FY2016 · period ending Dec 31, 2016
Filing id 201741169349301059
IRS filings are the source for every fact on this page. Nothing a model writes is ever a source; it can only point at a row here.