Public Charity

SIMPSON REAL ESTATE HOLDING COMPANY

SIMPSON REAL ESTATE HOLDING COMPANY is a nonprofit organization categorized as Public Charity based in MINNEAPOLIS, MN. Its most recent IRS filing (2025) reports revenue of $93K, expenses of $840K, total assets of $25.9M.

EIN: 991434007 MINNEAPOLIS, MN Support N.E.C. NTEE: P19 Latest filing: 2025
Total Revenue$93K
Total Expenses$840K
Total Assets$25.9M
Grant Records0
Filing Years2024–2025

Mission

SIMPSON REAL ESTATE HOLDING COMPANY WAS CREATED BY SIMPSON HOUSING SERVICES TO FINANCE THE CONSTRUCTION OF THE NEW SHELTER. THE MISSION STATEMENT FOR SIMPSON HOUSING SERVICES IS TO HOUSE, SUPPORT, & ADVOCATE FOR PEOPLE EXPERIENCING HOMELESSNESS. WE KNOW THAT WITH CLOSE, INDIVIDUAL ADVOCACY & SUPPORT INDIVIDUALS & FAMILIES EXPERIENCING HOMELESSNESS ACHIEVE HOUSING STABILITY.

Where $100 goes at Simpson Real Estate Holding Company

How Simpson Real Estate Holding Company divides every $100 it spends, from its own Form 990 filings, averaged across 2 years.

$95 Programs the work itself
$5 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 $95 for programs

$95
The project is a new shelter on the site of simpson's original shelter
All program spending · Reported in the filing: 72 beds; 42 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

TREASURER Deb Ward
BOARD VICE PRESIDENT Frank Fallon
VICE PRESIDENT John Nolan
BOARD SECRETARY Mark Hamel
BOARD CHAIR/PRESIDENT Steve Horsfield
VICE PRESIDENT Wendy Wiegmann

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $93K $840K $25.9M
2024 $20K $45K $25.4M

Between 2024 and 2025, reported annual revenue grew from $20K to $93K (+354%), with total assets most recently reported at $25.9M.

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

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