Public Charity

TWIN CITIES-METRO CERTIFIED DEVELOPMENT

TWIN CITIES-METRO CERTIFIED DEVELOPMENT is a Public Charity headquartered in VADNAIS HEIGHTS, MN. Financial data from the 2025 filing: $3.9M revenue, $4.0M expenses, $7.5M total assets. IRS filings disclose 45 grants awarded by this foundation, totaling roughly $870K.

EIN: 411672450 VADNAIS HEIGHTS, MN Latest filing: 2025
Total Revenue$3.9M
Total Expenses$4.0M
Total Assets$7.5M
Grants Given45
Grant Total$870K
Filing Years2021–2025

Mission

TO STIMULATE PRIVATE SECTOR INVESTMENT BY PROVIDING FUNDING FOR SMALL BUSINESS EXPANSIONS IN MINNESOTA AND WESTERN WISCONSIN THROUGH THE UTILIZATION OF THE SMALL BUSINESS ADMINISTRATION'S 504 LOAN PROGRAM.

Sample Grants Given

MINNEAPOLIS, MN · 2024
GENERAL OPERATING GRANT
$25,000
MINNEAPOLIS, MN · 2024
GENERAL OPERATING GRANT
$25,000
SAINT PAUL, MN · 2024
GENERAL OPERATING GRANT
$25,000
ST PAUL, MN · 2024
GENERAL OPERATING GRANT
$15,000
HUDSON, WI · 2024
GENERAL OPERATING GRANT
$10,000

Showing up to 5 of 45 total records — full history available with membership.

Officers & Directors

BOARD MEMBER Brad Benesh
BOARD MEMBER Bryan Toft
BOARD MEMBER David Wasmuth
LENDER/SENIOR VICE PRESIDENT Deborah Gustafson - Senior
BOARD MEMBER Deborah Malmberg Smith
BOARD MEMBER Dennis Welch

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL OPERATING GRANT
$570,000 30 grants
GENERAL OPERATING
$300,000 15 grants

Financial Trends

Year Revenue Expenses Assets
2025 $3.9M $4.0M $7.5M
2024 $3.6M $3.7M $7.4M
2023 $3.3M $3.6M $7.3M
2022 $3.5M $3.2M $7.2M
2021 $3.1M $2.9M $6.5M

Between 2021 and 2025, reported annual revenue grew from $3.1M to $3.9M (+26%), with total assets most recently reported at $7.5M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in MN, WI.

MNWI

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for TWIN CITIES-METRO CERTIFIED DEVELOPMENT

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