Mission
DEVELOP, CONSTRUCT, AND RENOVATE COMMUNITY ASSETS IN PARTNERSHIP WITH COMMUNITY OPERATING ENTITIES.
Public Charity
COMMUNITY ASSET FOUNDATION
COMMUNITY ASSET FOUNDATION, of CHASKA, MN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $6.3M in revenue, $6.2M in expenses, $17.3M in total assets. 2 publicly reported grants to this organization, totaling roughly $16K, appear in IRS filings.
EIN: 270268016
CHASKA, MN
Housing Development, Construction & Management
NTEE: L20
Latest filing: 2025
Total Revenue$6.3M
Total Expenses$6.2M
Total Assets$17.3M
Grant Records2
Funding Total$16K
Filing Years2021–2025
Where $100 goes at Community Asset Foundation
How Community Asset Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$86
Programs
the work itself
$14
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $86 for programs
$86
Construct and finance facilities through long term government guaranteed financing, and leasing the facilities to other community non profits, government entities, or for profit entities who agree to…
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
$6,000
For grant recipient's exempt purposes
$10,000
Showing up to 5 of 2 total records — full history available with membership.
Officers & Directors
CHAIRMAN
Bruce Lundgren
MEMBER
Chad Dockter
TREASURER
David Pokorney
MEMBER
Gary Klatt
MEMBER
Luke Melchert
MEMBER
Richard Ford
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $6.3M | $6.2M | $17.3M |
| 2024 | $6.7M | $5.4M | $16.5M |
| 2023 | $4.3M | $5.0M | $13.1M |
| 2022 | $4.1M | $4.6M | $13.9M |
| 2021 | $3.9M | $4.4M | $14.3M |
Between 2021 and 2025, reported annual revenue grew from $3.9M to $6.3M (+63%), with total assets most recently reported at $17.3M.
Interactive year-over-year charts and full filing details available with membership.