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Filing year 2023

GREATER MINNESOTA HOUSING FUND

St Paul, Minnesota·EIN 41-1836919·NTEE L20 · Housing & Shelter·3
Total revenue
$21.1M
Total assets
$236.5M
Total expenses
$0
Reported officers
23
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.

Executive compensation, broken down

Form 990 · Schedule J · 10 reported individuals · Filing year 2023

Base salaryBonusOther compensationBenefits
Base salaryBonusOther compensationBenefitsExecutive compensation
Managing Director of Equity Investing
highest compensated employee
$255k
Managing Director of Lending
highest compensated employee
$242k
President/CEO Through June 2023
$239k
Director Housing & Health Equity
highest compensated employee
$185k
President/CEO Beginning June 2023
$181k
Director of Capital Development
$164k
Heading Home Minnesota Funders Collaborative Direc
highest compensated employee
$160k
CFO Beginning July 2023
$116k
CFO Through January 2023
$41k

Plus 13 unpaid individuals.

Browse compensation in Housing & Shelter

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