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TWIN CITIES-METRO CERTIFIED DEVELOPMENT COMPANY

EIN 41-1672450 VADNAIS HTS, MN

Revenue 2024
$3,938,336
Expenses 2024
$3,960,053

Program services were 84.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
04
Classification
1000
Street
3495 VADNAIS CENTER DR

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • PETE INGEBRAND

    PRESIDENT

    Total calculated
    $330,934
    From this org
    $290,411
    From related orgs
    $0
    Other
    $40,523
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $245,111
    Bonus
    $30,000
    Other
    $15,300
    Deferred
    $8,864
    Nontaxable benefits
    $31,659
    Filer's total
    $330,934

  • PAUL LAMBERT - SECRETARY

    SENIOR VICE PRESIDENT

    Total calculated
    $249,330
    From this org
    $210,638
    From related orgs
    $0
    Other
    $38,692
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $160,884
    Bonus
    $32,000
    Other
    $17,754
    Deferred
    $5,457
    Nontaxable benefits
    $33,235
    Filer's total
    $249,330

  • JIM LOUWAGIE

    BOARD MEMBER/CHAIR

    Total calculated
    $5,835
    From this org
    $5,835
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.5

  • KEVIN MAAS - BOARD MEMBER

    TREASURER/SECRETARY

    Total calculated
    $4,875
    From this org
    $4,875
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.5

  • BRAD BENESH

    BOARD MEMBER

    Total calculated
    $1,840
    From this org
    $1,840
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.5

  • MIKE BRASS

    BOARD MEMBER

    Total calculated
    $1,665
    From this org
    $1,665
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.5

  • KATE CROW

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.5

  • JONATHAN DOLPHIN

    BOARD MEMBER

    Total calculated
    $3,480
    From this org
    $3,480
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.5

  • DEBORAH MALMBERG SMITH

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.5

  • ROYCE NELLIGAN

    BOARD MEMBER

    Total calculated
    $3,515
    From this org
    $3,515
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.5

  • SHELLEY PETERSON

    BOARD MEMBER

    Total calculated
    $1,805
    From this org
    $1,805
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.5

  • STEVE POWELL

    BOARD MEMBER

    Total calculated
    $1,735
    From this org
    $1,735
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.5

  • MIKE SCHOLL

    BOARD MEMBER

    Total calculated
    $1,770
    From this org
    $1,770
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.5

  • LEVI SMITH

    BOARD MEMBER

    Total calculated
    $2,050
    From this org
    $2,050
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.5

  • BRYAN TOFT

    BOARD MEMBER

    Total calculated
    $1,665
    From this org
    $1,665
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.5

  • DAVID WASMUTH

    BOARD MEMBER

    Total calculated
    $3,620
    From this org
    $3,620
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.5

  • DENNIS WELCH

    BOARD MEMBER

    Total calculated
    $3,270
    From this org
    $3,270
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.5

  • DEBORAH GUSTAFSON - SENIOR

    LENDER/SENIOR VICE PRESIDENT

    Total calculated
    $309,697
    From this org
    $265,345
    From related orgs
    $0
    Other
    $44,352
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $206,396
    Bonus
    $40,122
    Other
    $18,827
    Deferred
    $7,015
    Nontaxable benefits
    $37,337
    Filer's total
    $309,697

  • SHEIL NELSON

    SENIOR LENDER

    Total calculated
    $270,569
    From this org
    $223,887
    From related orgs
    $0
    Other
    $46,682
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $189,464
    Bonus
    $23,434
    Other
    $10,989
    Deferred
    $6,269
    Nontaxable benefits
    $40,413
    Filer's total
    $270,569

  • MICHAEL KINNINGER

    LOAN OFFICER

    Total calculated
    $193,561
    From this org
    $166,952
    From related orgs
    $0
    Other
    $26,609
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $150,452
    Bonus
    $16,500
    Other
    $0
    Deferred
    $4,487
    Nontaxable benefits
    $22,122
    Filer's total
    $193,561

  • MELISSA MILLER

    LOAN OFFICER

    Total calculated
    $160,691
    From this org
    $153,987
    From related orgs
    $0
    Other
    $6,704
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $124,266
    Bonus
    $16,000
    Other
    $13,721
    Deferred
    $3,884
    Nontaxable benefits
    $2,820
    Filer's total
    $160,691

  • MICHAEL KINDERMAN

    LOAN OFFICER

    Total calculated
    $163,505
    From this org
    $147,826
    From related orgs
    $0
    Other
    $15,679
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $133,826
    Bonus
    $14,000
    Other
    $0
    Deferred
    $4,344
    Nontaxable benefits
    $11,335
    Filer's total
    $163,505

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 — 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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $3,938,336
    Expenses
    $3,960,053
    Contributions
    $0
    Grants paid
    $100,000
  • 2023
    Revenue
    $3,600,147
    Expenses
    $3,682,503
    Contributions
    $0
    Grants paid
    $100,000
  • 2022
    Revenue
    $3,331,044
    Expenses
    $3,585,188
    Contributions
    $0
    Grants paid
    $100,000

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Grants made

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

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.