Skip to content
Nonprofiteer
← GREATER MINNESOTA HOUSING FUND

Form 990 for tax year 2023

Filed by GREATER MINNESOTA HOUSING FUND.

Totals

Total revenue
$21,142,915
Total expenses
$10,679,953
Contributions and grants received
$13,314,955
Grants paid
$1,320,007
Program service revenue
$5,922,877
Investment income
$1,905,083
Other revenue
$0
Total assets, end of year
$236,535,724
Total liabilities, end of year
$108,235,790
Net assets or fund balances, end of year
$128,299,934
Program services expenses (Part IX)
$8,372,160
Management and general expenses
$2,307,793
Fundraising expenses
$0
Program service expenses (Part III)
$8,372,160

Program services were 78.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • NANCY VYSKOCIL

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • STEPHANIE CUMMINGS

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • MITCHELL BERG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • KIM BRETHEIM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JOSEPH ERRIGO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ROSY HJERMSTAD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • NATALIE JONES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • CHERYL KEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • STEPHANIE KLINZING

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ANGELA LARSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JENNIFER MENDOZA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • CHAR ROBERTS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DALE ROEMMICH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • WARREN W HANSON

    PRESIDENT/CEO THROUGH JUNE 2023

    Total calculated
    $238,711
    From this org
    $207,229
    From related orgs
    $0
    Other
    $31,482
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $177,229
    Bonus
    $0
    Other
    $30,000
    Deferred
    $20,698
    Nontaxable benefits
    $10,784
    Filer's total
    $238,711

  • ANDREA BRENNAN

    PRESIDENT/CEO BEGINNING JUNE 2023

    Total calculated
    $181,473
    From this org
    $162,307
    From related orgs
    $0
    Other
    $19,166
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,307
    Bonus
    $0
    Other
    $0
    Deferred
    $11,325
    Nontaxable benefits
    $7,841
    Filer's total
    $181,473

  • KYLE LARSEN

    CFO BEGINNING JULY 2023

    Total calculated
    $116,049
    From this org
    $102,730
    From related orgs
    $0
    Other
    $13,319
    Hours/week
    40

  • MOHAMED OMAR

    CFO THROUGH JANUARY 2023

    Total calculated
    $40,670
    From this org
    $34,704
    From related orgs
    $0
    Other
    $5,966
    Hours/week
    40

  • BARBARA SPORLEIN

    COO

    Total calculated
    $281,435
    From this org
    $225,432
    From related orgs
    $0
    Other
    $56,003
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $225,432
    Bonus
    $0
    Other
    $0
    Deferred
    $22,938
    Nontaxable benefits
    $33,065
    Filer's total
    $281,435

  • JOHN ERRIGO

    MANAGING DIRECTOR OF EQUITY INVESTING

    Total calculated
    $255,216
    From this org
    $207,425
    From related orgs
    $0
    Other
    $47,791
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $207,425
    Bonus
    $0
    Other
    $0
    Deferred
    $21,037
    Nontaxable benefits
    $26,754
    Filer's total
    $255,216

  • JOHN ROCKER

    MANAGING DIRECTOR OF LENDING

    Total calculated
    $241,554
    From this org
    $208,759
    From related orgs
    $0
    Other
    $32,795
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $208,759
    Bonus
    $0
    Other
    $0
    Deferred
    $20,876
    Nontaxable benefits
    $11,919
    Filer's total
    $241,554

  • ERIC MUSCHLER

    DIRECTOR HOUSING & HEALTH EQUITY

    Total calculated
    $185,443
    From this org
    $141,731
    From related orgs
    $0
    Other
    $43,712
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $141,731
    Bonus
    $0
    Other
    $0
    Deferred
    $14,173
    Nontaxable benefits
    $29,539
    Filer's total
    $185,443

  • PATRICK NESS

    HEADING HOME MINNESOTA FUNDERS COLLABORATIVE DIREC

    Total calculated
    $160,213
    From this org
    $122,509
    From related orgs
    $0
    Other
    $37,704
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $122,509
    Bonus
    $0
    Other
    $0
    Deferred
    $13,046
    Nontaxable benefits
    $24,658
    Filer's total
    $160,213

  • CATHERINE MCCARTHY

    DIRECTOR OF CAPITAL DEVELOPMENT

    Total calculated
    $163,561
    From this org
    $114,346
    From related orgs
    $0
    Other
    $49,215
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $114,346
    Bonus
    $0
    Other
    $0
    Deferred
    $12,535
    Nontaxable benefits
    $36,680
    Filer's total
    $163,561

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4c · Equity-based compensation arrangement

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

FORM 990, SCHEDULE J LINE 4C
WARREN HANSON VESTED $30,000 IN 2023

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • NOAH IMPACT FUND LLC

    HOUSING · MN · income $414,415 · assets $2,470,983

    Directly controlled by GREATER MINNESOTA HOUSING FUND

  • NOAH POOL I LLC

    HOUSING · MN · income $1,012,696 · assets $25,572,988

    Directly controlled by INDEPENDENT INVESTMENT COMMITTEE MAJORITY CONTROLLED BY NON GMHF STAFF

  • MINNESOTA EQUITY FUND LLC

    HOUSING · MN · income $0 · assets $0

    Directly controlled by GREATER MINNESOTA HOUSING FUND

Provenance

Return type
form_990
Tax year
2023
Filed
8 November 2024
IRS schema version
2023v5.1
Source object
202413169349303376

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.