Minnesota Affordable Housing Collaborative Inc
- Assets
- $142.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 09/2017
- Data as of
- 12/2023
- EIN
- 47-3724943
Organization Overview
Minnesota Affordable Housing Collaborative Inc is located in Minneapolis, MN. The organization was established in 2017. According to its NTEE Classification (L19) the organization is classified as: Support N.E.C., under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Affordable Housing Collaborative Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Minnesota Affordable Housing Collaborative Inc generated $158.1k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $135.6k during the year ending 12/2023. While expenses have increased by 8.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
IN 2023 THE MINNESOTA AFFORDABLE HOUSING COALITION HOSTED ITS NINTH ANNUAL AFFORDABLE HOUSING SUMMIT- A FULL-DAY EVENT FOCUSED ON THE DEVELOPMENT AND FINANCING OF MULTIFAMILY PROJECTS. THE SUMMIT GATHERED AN HISTORIC REGISTRATION OF 491 PEOPLE FROM ACROSS THE MIDWEST AND COUNTRY TO HEAR FROM INDUSTRY LEADERS, DISCUSS INDUSTRY TRENDS AND PLAN FOR THE FUTURE OF AFFORDABLE HOUSING IN OUR STATES. THE DAY STARTED WITH A KEYNOTE FROM MN HOUSING COMMISSIONER, JENNIFER HO FOLLOWED BY PANELS SESSIONS THROUGHOUT THE DAY, INCLUDING:1. MN HOUSING UPDATES AND EMERGING DEVELOPER/DEVELOPMENT STRATEGIES2. STRATEGIES FOR DEVELOPMENT WORKFORCE HOUSING WITHOUT TAX CREDITS3. INCLUDING SUPPORTIVE HOUSING IN AFFORDABLE HOUSING DEVELOPMENTS4. MOVEMENT VS. MOMENT: INTENTIONAL STEPS TOWARDS EQUITABLE ACCESS IN REAL ESTATE DEVELOPMENT5. LUNCH/KEYNOTE SPEAKER, MINNESOTA LIEUTENANT GOVERNOR PEGGY FLANAGAN6. RENT CONTROL AND ITS IMPLICATIONS FOR AFFORDABLE HOUSING7. INVESTORS PANELTHE SUMMIT WAS SUPPORTED BY 3 HOSTS AND 24 SPONSORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jon L Peterson President | 0.5 | $0 | |
Rebecca Landon Secretary | 0.5 | $0 | |
Erin E Mathern Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $158,072 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $158,072 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,321 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $133,290 |
| Total expenses | $135,611 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $142,293 |
| Other assets | $0 |
| Total assets | $142,293 |
| Total liabilities | $0 |
| Net assets or fund balances | $142,293 |