Program areas at Minnesota Home Ownership Center
The Minnesota Home Ownership Center, a not-for-profit organization, believes that equitable access to homeownership is essential to strong communities and creates opportunities for generations to come. Our mission is to promote and advance successful, sustained homeownership, with a focus on the needs of low and moderate-income families and communities of color. The Center provides a network of community-based organizations with the tools and resources to delivery homebuyer education and advising, financial coaching, delinquency and foreclosure prevention counseling, and other support to help families achieve and sustain homeownership. In addition, the Center directs a range of initiatives and activities with lenders, realtors, government, nonprofits, and other industry stakeholders that advance homeownership among those facing the greatest barriers.
Who funds Minnesota Home Ownership Center
Grants from foundations and other nonprofits
| Grantmaker | Grantmaker tax period | Description | Amount |
|---|
| NeighborWorks America | 2022-09 | General Support | $1,219,578 |
| Family Housing Fund | 2022-12 | Hecat and Spanish Translation | $180,200 |
| The McKnight Foundation | 2022-12 | For General Operating Support, and To Advance Equitable Access To Homeownership for Homebuyers and Homeowners of Color and Immediate Covid Response Plan for Lower-Income Households Struggling and Facing Possible Foreclosure in the Wake of the Pandemic | $125,000 |
| ...and 4 more grants received |
Personnel at Minnesota Home Ownership Center
| Name | Title | Compensation | Date of data |
|---|
| Julie Gugin | President | | 2024-01-29 |
| Brooke Walker | Director, Strategic Initiatives | | 2024-01-29 |
| Bill Gray | Director , Stakeholder Relations | | 2024-01-29 |
| Kim Smith-Moore | Senior Director | | 2023-01-16 |
| Sondra Reis | Director, Homeownership Programs | | 2024-01-29 |
| ...and 12 more key personnel |
Financials for Minnesota Home Ownership Center
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $7,376,747 | $3,804,937 | 93.9% |
| Program services | $-100,554 | $-1,471,076 | 93.2% |
| Investment income and dividends | $258,395 | $214,534 | 20.4% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $-352,924 | $496,986 | -171% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $-1,680 | $-39 | -4207.7% |
| Miscellaneous revenues | $18,900 | $18,900 | - |
| Total revenues | $7,198,884 | $3,064,242 | 134.9% |
Organizations like Minnesota Home Ownership Center
| Organization | Type | Location | Revenue |
|---|
| Mishawum Park Tenant's Association | 501(c)(3) | Braintree, MA | $5,165,451 |
| ADTI Housing Corporation | 501(c)(3) | Raritan, NJ | $1,853,088 |
| Coalition on Homelessness and Housing in Ohio | 501(c)(3) | Columbus, OH | $8,827,222 |
| Astoria Gardens Tenant Association | 501(c)(3) | Sylmar, CA | $2,585,277 |
| Bay Area Housing Corporation (BAHC) | 501(c)(3) | Los Gatos, CA | $7,223,971 |
| Tri-Counties Community Housing Corporation | 501(c)(3) | Santa Barbara, CA | $2,692,787 |
| Mission Housing Development Corporation / Dunleavy Plaza Apartments | 501(c)(3) | San Francisco, CA | $27,672,713 |
| Educational Housing Services (EHS) | 501(c)(3) | New York, NY | $23,203,102 |
| Connecticut Coalition Against Domestic Violence (CCADV) | 501(c)(3) | Glastonbury, CT | $23,648,797 |
| New Mexico Coalition of Sexual Assault Programs (NMCSAP) | 501(c)(3) | Albuquerque, NM | $6,403,473 |
Data update history
January 29, 2024
Updated personnel
Identified 2 new personnel
December 25, 2023
Received grants
Identified 7 new grant, including a grant for $1,219,578 from NeighborWorks America November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 23, 2023
Updated personnel
Identified 6 new personnel
Nonprofit Types
Housing and shelter organizationsCharities
Issues
Human servicesHousing
Characteristics
Political advocacyLobbyingState / local levelReceives government fundingGala fundraisersTax deductible donations
General information
- Address
- 1000 Payne Ave
- Saint Paul, MN 55130
- Metro area
- Minneapolis-St. Paul-Bloomington, MN-WI
- County
- Ramsey County, MN
- Website URL
- hocmn.org/Â
- Phone
- (651) 659-9336
- Facebook page
- HOCMNÂ
IRS details
- EIN
- 41-1741817
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1993
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- L50: Housing Owners, Renters Organizations
- NAICS code, primary
- 62422: Community Housing Services
- Parent/child status
- Independent
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