Federal ID# 411741817
Minnesota Home Ownership Center
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- Home Ownership Center
General Information
Organization Type | CHARITY |
Contact Person | Roxanne Young Kimball |
Address | 1000 Payne Avenue, Suite 200, Saint Paul, MN 55130 |
Phone Number | (651) 659-9336 |
Purpose or Description | To enable low and moderate income people become home owners in Minneapolis and St Paul, by providing counseling and education through community based organizations; contracts with non-profit community based organizations for the delivery of education & counseling to prospective home buyers; provides training for the counseling staff of the non-profit organizations involved in home buyer counseling |
Status | Active |
Extension | None |
Financial Information
For Fiscal Year Ending 12/31/2024
INCOME
Direct Public Support | $3,412,400 |
Government Grants | + $1,226,782 |
Other Revenue | + $382,650 |
Total Revenue | $5,021,832 |
EXPENSES
Amount Spent for Program or Charitable Purposes | $3,381,448 |
Management/General Expense | + $858,234 |
Fundraising Expense | + $39,563 |
Total Expenses | $4,279,245 |
Excess/Deficit
Total Revenue | $5,021,832 |
Total Expenses | - $4,279,245 |
Excess/Deficit | $742,587 |
End of Year Fund Bal/Net Worth
Total Assets | $15,340,082 |
Total Liabilities | - $498,125 |
End of Year Fund Bal/Net Worth | $14,841,957 |