Mission
Build Wealth MN's (BWMN) mission is to empower underserved communities and populations in the Twin Cities metro area to achieve social and economic wealth through community, economic, and housing development.
Public Charity
Build Wealth MN Inc
Based in Minneapolis, MN, Build Wealth MN Inc operates as a Public Charity. The organization reported $8.3M in revenue, $3.7M in expenses, $22.5M in total assets for fiscal year 2024. Imperigo tracks 31 reported grant relationships connected to this organization totaling approximately $6.9M.
EIN: 251918239
Minneapolis, MN
Adult Education
NTEE: B60
Latest filing: 2024
Total Revenue$8.3M
Total Expenses$3.7M
Total Assets$22.5M
Grant Records31
Funding Total$6.9M
Filing Years2020–2024
Where $100 goes at Build Wealth MN Inc
How Build Wealth MN Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.
$84
Programs
the work itself
$13
Management
running the organization
$3
Fundraising
raising the next dollar
Inside the $84 for programs
$84
Build Wealth Minnesota provides financial education, coaching/counseling, and affordable homeownership options
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
BUILDING EQUITY DOWN PAYMENT ASSISTANCE
$200,600
DPA CAPACITY FUNDS
$90,000
DPA CAPACITY GRANT
$75,000
SEE PART IV
$60,000
PROGRAM OPERATIONS
$32,000
Showing up to 5 of 31 total records — full history available with membership.
Officers & Directors
SPOO
Dasjohn Mcgee
Executive Director
David Mcgee
Youth Director
Demitri Mcgee
Director
Franklin Stovall
Senior Program Director
Jeffery Robinson
Underwriting Manager
Kylie Hong
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $8.3M | $3.7M | $22.5M |
| 2023 | $7.7M | $4.2M | $15.4M |
| 2022 | $8.7M | $4.1M | $11.6M |
| 2021 | $4.0M | $1.3M | $4.5M |
| 2020 | $1.5M | $1.2M | $2.0M |
Between 2020 and 2024, reported annual revenue grew from $1.5M to $8.3M (+446%), with total assets most recently reported at $22.5M.
Interactive year-over-year charts and full filing details available with membership.