Public Charity

GREATER MINNESOTA HOUSING FUND

GREATER MINNESOTA HOUSING FUND is a Public Charity headquartered in ST PAUL, MN. Financial data from the 2024 filing: $40.3M revenue, $17.7M expenses, $302.8M total assets. 25 publicly reported grants to this organization, totaling roughly $28.9M, appear in IRS filings.

EIN: 411836919 ST PAUL, MN Latest filing: 2024
Total Revenue$40.3M
Total Expenses$17.7M
Total Assets$302.8M
Grant Records25
Funding Total$28.9M
Filing Years2020–2024

Mission

PLEASE SEE SCHEDULE O.FOUNDED IN 1996 BY THE MCKNIGHT FOUNDATION AND BLANDIN FOUNDATION, GREATER MINNESOTA HOUSING FUND (GMHF) IS A 501 (C)(3) NONPROFIT, CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) WITH THE MISSION OF SUPPORTING THE CREATION OF STRONG COMMUNITIES AND AFFORDABLE HOMES BY MAKING STRATEGIC INVESTMENTS AND FORMING EFFECTIVE PARTNERSHIPS. GMHF PROVIDES LOANS, GRANTS AND INVESTMENTS FOR THE CREATION AND PRESERVATION OF MULTIFAMILY RENTAL HOUSING AND SINGLE-FAMILY HOMES, AS WELL AS MISSION-RELATED PROGRAM SERVICES SUCH AS CAPACITY-BUILDING TECHNICAL ASSISTANCE AND GRANT MAKING. GMHF OPERATES EDUCATIONAL PROGRAMS, CONDUCTS RESEARCH AND PROGRAM DEVELOPMENT ON AFFORDABLE HOUSING CHALLENGES AND OPPORTUNITIES, CONDUCTS DEMONSTRATION PROJECTS, PILOTS NEW PROGRAMS AND PRODUCTS, ADVOCATES FOR SYSTEMS CHANGE, AND PROMOTES INCREASED LEVELS OF PUBLIC AND PRIVATE SUPPORT FOR THE CREATION AND PRESERVATION OF AFFORDABLE HOUSING IN MINNESOTA.

Officers & Directors

PRESIDENT/CEO BEGINNING Andrea Brennan
DIRECTOR Angela Larson
CHIEF OPERATING OFFICER Barbara Sporlein
DIRECTOR Char Roberts
BOARD SECRETARY & TREASURER Cheryl Key
DIRECTOR Dale Roemmich

Officer compensation and complete director data available with membership.

Top Grant Purposes

HUMAN SERVICES
$25,085,000 4 grants
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
$1,078,312 4 grants
CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY
$950,000 3 grants
MULTIPLE PURPOSES
$875,600 1 grant
Integrated Capital Recovery Project
$166,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $40.3M $17.7M $302.8M
2023 $21.1M $10.7M $236.5M
2022 $25.0M $12.4M $217.9M
2021 $19.2M $8.9M $209.1M
2020 $17.0M $7.4M $158.9M

Between 2020 and 2024, reported annual revenue grew from $17.0M to $40.3M (+137%), with total assets most recently reported at $302.8M.

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

See the full picture for GREATER MINNESOTA HOUSING FUND

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