Public Charity

SOUTHWEST MINNESOTA HOUSING PARTNERSHIP

SOUTHWEST MINNESOTA HOUSING PARTNERSHIP is a Public Charity headquartered in SLAYTON, MN. Financial data from the 2024 filing: $17.0M revenue, $16.0M expenses, $70.8M total assets. 48 publicly reported grants to this organization, totaling roughly $5.0M, appear in IRS filings.

EIN: 411721815 SLAYTON, MN Low-Income & Subsidized Rental Housing NTEE: L21 Latest filing: 2024
Total Revenue$17.0M
Total Expenses$16.0M
Total Assets$70.8M
Grant Records48
Funding Total$5.0M
Filing Years2019–2024

Mission

SEE SCHEDULE O.

Where $100 goes at Southwest Minnesota Housing Partnership

How Southwest Minnesota Housing Partnership divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$92 Programs the work itself
$8 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 $92 for programs

$83
Multi-family development and asset management:swmhp is an experienced developer and manager of residential real estate, particularly multi-family affordable housing
91% of program spending · Reported in the filing: 2,074 units
$5
Counseling & supportive services:swmhp provides education and counseling services to those preparing for homeownership, as well as those in rental situations depending on their needs
5% of program spending · Reported in the filing: 100 individuals
$2
Community development and technical assistance:swmhp's menu of services includes both single family development and community development and technical support
2% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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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.

Officers & Directors

DIRECTOR April Chouinard
DIRECTOR Briana Mumme
CHIEF EXECUTIVE OFFICER Chad Adams
DIRECTOR Christopher Corbett
DIRECTOR Cristina Adame
SECRETARY-TREASURER David Thompson

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$3,993,475 21 grants
Mental Health & Substance Abuse
$185,603 7 grants
Housing & Homelessness
$117,364 6 grants
Training & Professional Development
$65,193 3 grants
Arts & Culture
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $17.0M $16.0M $70.8M
2023 $14.7M $15.7M $68.4M
2022 $12.9M $14.3M $66.6M
2020 $11.8M $11.9M $60.4M
2019 $9.9M $11.5M $56.0M

Between 2019 and 2024, reported annual revenue grew from $9.9M to $17.0M (+72%), with total assets most recently reported at $70.8M.

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

See the full picture for SOUTHWEST MINNESOTA HOUSING PARTNERSHIP

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