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Nonprofiteer
← MINNESOTA HOME OWNERSHIP CENTER

Form 990 for tax year 2023

Filed by MINNESOTA HOME OWNERSHIP CENTER.

Totals

Total revenue
$3,425,749
Total expenses
$3,939,560
Contributions and grants received
$2,883,711
Grants paid
$635,000
Program service revenue
$206,473
Investment income
$299,790
Other revenue
$35,775
Total assets, end of year
$14,260,394
Total liabilities, end of year
$970,821
Net assets or fund balances, end of year
$13,289,573
Program services expenses (Part IX)
$3,130,963
Management and general expenses
$780,889
Fundraising expenses
$27,708
Program service expenses (Part III)
$3,130,963

Program services were 79.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • BEARD TARA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.2

  • BIPES ROBYN

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    0.5

  • COLEMAN AARICA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.2

  • CROSBY BRIAN

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5

  • BURCH KIRSTIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.2

  • ERCHUL JIM

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.2

  • EL-SAWAF MOHAMMED

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.2

  • HEALY NANCY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.2

  • KIMBALL ROXANNE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.2

  • LINDSTROM DAVID

    TREASURER

    Total calculated
    $0
    Hours/week
    0.2

  • MCDONALD DARCY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.2

  • PANNKUK PATTY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.2

  • RAVERTY KEENAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.2

  • ROCKER JOHN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.2

  • SOLIS ZUIKER VIRGINIA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.2

  • SPELLMAN MATT

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.2

  • STEINHAGEN JULIE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • TENG ROSE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.2

  • THOMPSON JEN

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.2

  • WREH-WILSON STEPHEN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.2

  • GUGIN JULIE

    PRESIDENT

    Total calculated
    $254,996
    From this org
    $221,000
    From related orgs
    $0
    Other
    $33,996
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $221,000
    Bonus
    $0
    Other
    $0
    Deferred
    $15,470
    Nontaxable benefits
    $18,526
    Filer's total
    $254,996

  • PEDERSON KAREN

    ASSOCIATE DIRECTOR

    Total calculated
    $158,717
    From this org
    $147,111
    From related orgs
    $0
    Other
    $11,606
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $147,111
    Bonus
    $0
    Other
    $0
    Deferred
    $10,298
    Nontaxable benefits
    $1,308
    Filer's total
    $158,717

  • WALKER BROOKE

    DIRECTOR

    Total calculated
    $125,531
    From this org
    $108,464
    From related orgs
    $0
    Other
    $17,067
    Hours/week
    40

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 survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 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

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

Provenance

Return type
form_990
Tax year
2023
Filed
4 June 2024
IRS schema version
2023v5.0
Source object
202431589349301213

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