LAND BANK TWIN CITIES INC

As filed

Subsection

03

NTEE code

L80

Classification

1000

Street

2515 WABASH AVE STE 150

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).

Mission and programs · 2024

• LAND BANKING -LAND BANK TWIN CITIES, INC. (LBTC) ACQUIRES, HOLDS, AND RESELLS STRATEGIC PROPERTIES WITHIN THE SEVEN-COUNTY METROPOLITAN AREA, TARGETING SALES TO APPROVED NON-PROFIT ORGANIZATIONS, SOCIALLY RESPONSIBLE FOR-PROFIT DEVELOPERS, COMMUNITY BUSINESSES, AND GOVERNMENT TO ADVANCE ITS MISSION.

  Expenses $745,869 · Revenue $376,691

• COMMUNITY LENDING -LBTC PROVIDES LOANS TO APPROVED NON-PROFIT AND SOCIALLY RESPONSIBLE FOR-PROFIT DEVELOPERS, NON-PROFIT SERVICE PROVIDERS, COMMUNITY BUSINESSES, AND GOVERNMENT FOR THE PURCHASE, REHABILITATION, AND NEW CONSTRUCTION OF PROPERTIES, IN ALIGNMENT WITH ITS MISSION.

  Expenses $88,933 · Revenue $219,875

• BROKERAGE/PROPERTY MANAGEMENT - LBTC BROKERS THE SALE AND PURCHASE OF PROPERTIES AND MANAGES PROPERTIES DURING HOLDING PERIODS TO SUPPORT ITS MISSION.

  Expenses $2,779,375 · Revenue $3,144,862

• GENERAL PROGRAM - ACTIVITIES THAT GENERALLY RELATE TO THE OVERALL MISSION OF LAND BANK TWIN CITIES, INC. BUT DO NOT FALL UNDER A SPECIFIC DEFINED PROGRAM.

  Expenses $1,838,168 · Revenue $340,320

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

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.

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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $5,464,563

  Expenses

  $6,629,339

  Contributions

  $1,382,815

  Grants paid

  $0

• 2023

  Revenue

  $5,868,572

  Expenses

  $6,063,417

  Contributions

  $2,340,729

  Grants paid

  $0

• 2022

  Revenue

  $7,583,813

  Expenses

  $4,611,397

  Contributions

  $3,840,200

  Grants paid

  $0

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.

Other returns filed

• 2021 · 990

  Revenue

  $6,229,470

  Expenses

  $3,831,988

  Assets (EOY)

  $25,684,992

• 2020 · 990

  Revenue

  $3,012,756

  Expenses

  $3,418,677

  Assets (EOY)

  $24,134,904

• 2019 · 990

  Revenue

  $2,870,489

  Expenses

  $3,052,775

  Assets (EOY)

  $15,961,811

• 2018 · 990

  Revenue

  $2,545,418

  Expenses

  $2,538,843

  Assets (EOY)

  $18,810,885

• 2017 · 990

  Revenue

  $3,069,431

  Expenses

  $2,773,753

  Assets (EOY)

  $16,318,410

• 2016 · 990

  Revenue

  $3,466,998

  Expenses

  $530,379

  Assets (EOY)

  $15,996,957

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Form 990-N e-Postcard, tax year 2015

Tax period

1 January 2015 to 31 December 2015

Principal officer

Sandra Oakes

Mailing address

615 First Ave NE 410Minneapolis MN 55413

Website

tcclandbank.org

As filed, from the IRS e-Postcard file of 2 November 2026. The IRS publishes only each organization's most recent postcard, so earlier years are not shown. A 990-N carries no financial detail. The postcard also gives the principal officer's address, which is not shown here.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• GROUNDBREAK COALITION

  $835,000

  2025 · SUPPORT OF GROUNDBREAK COALITION PROGRAM

• LOCAL INITIATIVES SUPPORT CORPORATION

  $240,000

  2023 · SEE PART IV

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $15,000

  2022 · For grant recipient's exempt purposes

• SAINT PAUL & MINNESOTA FOUNDATION

  $0

  2025 · MULTIPLE GRANTS FOR MULTIPLE PURPOSES

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files