Public Charity

TRELLIS CO

TRELLIS CO, of MINNEAPOLIS, MN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $36.8M in revenue, $25.2M in expenses, $242.7M in total assets.

EIN: 411699606 MINNEAPOLIS, MN Housing Development, Construction & Management NTEE: L20 Latest filing: 2025
Total Revenue$36.8M
Total Expenses$25.2M
Total Assets$242.7M
Grant Records0
Filing Years2021–2025

Mission

TO PROVIDE, AMONG OTHER RELATED PURPOSES, DECENT HOUSING THAT IS AFFORDABLE TO LOW-INCOME AND MODERATE-INCOME PERSONS.

Where $100 goes at Trellis Co

How Trellis Co divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$97 Programs the work itself
$3 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 $97 for programs

$97
Community housing development corporation provides quality affordable housing to persons of low and moderate income
All program spending · Reported in the filing: 66 units; 85 units; 62 units
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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.

Officers & Directors

VP OF HOUSING DEVELOPMENT Dan Walsh
SENIOR ASSET MANAGER Dustin Kwallek
BOARD MEMBER Eddie Landenberger
SECRETARY/TREASURER Eden Spencer
PROJECT MANAGER Elisabeth Michels
PRESIDENT AND CEO AND CHAIR Elizabeth Flannery

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $36.8M $25.2M $242.7M
2024 $52.4M $26.4M $208.4M
2023 $37.0M $24.0M $186.7M
2022 $21.9M $22.6M $176.3M
2021 $41.9M $24.6M $174.3M

Between 2021 and 2025, reported annual revenue declined from $41.9M to $36.8M (-12%), with total assets most recently reported at $242.7M.

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

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