2022-08-10T13:45:28-05:00 2021-09-30 411647057 MAHONEYULBRICHCHRISTIANSEN & RUSS PA 10 RIVER PARK PLAZA SUITE 800 SAINT PAUL MN 55107 990 2020-10-01 411804148 GREATER FROGTOWN COMMUNITY DEVELOPMENT CORPORATION GREA 6517897487 533 DALE STREET NORTH ST PAUL MN 55103 JASON PETERSON EXECUTIVE DIRECTOR 6512928710 2022-08-08 1 JASON PETERSON 999009999 MARC A KOTSONAS P00544551 6512276695 2022-08-08 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z NEIGHBORWORKS HOME PARTNERS JASON PETERSON 533 DALE STREET NORTH ST PAUL MN 55103 375000 0 X WWW.NWHOMEPARTNERS.ORG X 1995 MN GREATER FROGTOWN COMMUNITY DEVELOPMENT CORPORATION (GFCDC) IS A NON-PROFIT COMMUNITY DEVELOPMENT CORPORATION FORMED IN 1995 TO STRENGTHEN THE NEIGHBORHOODS IT SERVES BY DEVELOPING AND REHABILITATING HIGH QUALITY AFFORDABLE HOUSING, IMPROVING RENTAL AND HOME OWNERSHIP OPPORTUNITIES AND PROMOTING THE AREA'S ADVANTAGES AS AN AFFORDABLE, DIVERSE, SAFE AND CONGENIAL PLACE TO LIVE. GFCDC PRIMARILY WORKS IN THE GREATER FROGTOWN NEIGHBORHOOD OF THE CITY OF ST. PAUL. 16 15 0 15 0 0 66121 160000 487000 215000 0 0 0 0 553121 375000 0 0 0 0 54634 54858 0 0 0 482424 338145 537058 393003 16063 -18003 1183593 510129 736565 320568 447028 189561 SEE SCHEDULE O 0 0 393003 215000 HOUSING DEVLOPMENT - FOR 20 YEARS, GREATER FROGTOWN COMMUNITY DEVLOPMENT CORPORATION (GFCDC) HAS BUILT NEW SINGLE FAMILY HOMES AND SUBSTANTIALLY RENOVATED VACANT, FORECLOSED HOMES. AS PART OF GFCDC'S MISSION TO PROMOTE A HEALTHY COMMUNITY, THE VACANT HOME REHABILITATION PROGRAM REPAIRS DILAPIDATED HOMES FOR NEW RESIDENTS. GFCDC USES FUNDS PROVIDED BY GOVERNMENT AND NONPROFIT RESOURCES TO REPAIR AND THEN SELL THE HOUSES TO LOW AND MIDDLE INCOME FAMILIES. THE NEW HOME CONSTRUCTION BUILDING PROGRAM UTILIZES KEY VACANT LOTS TO CONSTRUCT NEW HOMES FOR LOW TO MIDDLE INCOME FAMILIES. WITH THE SUPPORT OF KEY PARTNERS, GFCDC HAS BEEN ABLE TO BUILD OR RENOVATE 117 HOUSES IN OUR COMMUNITY. IN FY2021, WE DEVELOPED AND SOLD ONE HOME. 393003 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 16 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 1 0 MN X X JASON PETERSON 6517897487 533 DALE ST N SAINT PAUL MN 55107 MICHAEL MORRELL PRESIDENT 1.00 1.00 X X 0 0 0 KRISSI HOFFMAN VICE PRESIDENT 1.00 1.00 X X 0 0 0 KATELYN SHEHU TREASURER 1.00 1.00 X X 0 0 0 DAVID ZASTROW SECRETARY 1.00 1.00 X X 0 0 0 JASON PETERSON EXECUTIVE DIRECTOR 4.00 36.00 X X 0 137366 21307 JOEL ISENBERGER BOARD MEMBER 1.00 1.00 X 0 0 0 JUAN BATES BOARD MEMBER 1.00 1.00 X 0 0 0 JOE CHOW BOARD MEMBER 1.00 1.00 X 0 0 0 KEVIN KNASE BOARD MEMBER 1.00 1.00 X 0 0 0 MAI LEE YANG BOARD MEMBER 1.00 1.00 X 0 0 0 RANDY NELSON BOARD MEMBER 1.00 1.00 X 0 0 0 BRIAN DEPPE BOARD MEMBER 1.00 1.00 X 0 0 0 MARK NETTESHEIM BOARD MEMBER 1.00 1.00 X 0 0 0 WILLIAM FLOWERS BOARD MEMBER 1.00 1.00 X 0 0 0 PERIS OUTA BOARD MEMBER 1.00 1.00 X 0 0 0 JUSTINE LOGELIN BOARD MEMBER 1.00 1.00 X 0 0 0 KJIRSTEN JOHNSON CFO 1.00 39.00 X 0 99285 11978 0 236651 33285 0 0 1 0 0 160000 160000 SALE OF PROPERTY 900099 215000 215000 215000 375000 215000 0 0 47852 47852 3232 3232 3774 3774 212 212 623 623 686 686 COST OF PROPERTIES SOLD 336236 336236 OTHER 388 388 393003 393003 0 0 28181 29503 448737 52277 66121 301316 47184 257009 254132 383545 174217 1183593 510129 200 636565 220368 100000 100000 736565 320568 X 431833 189561 15195 0 447028 189561 1183593 510129 X -18003 -239464 X X 0 1 X 1 1 1 X 66121 160000 226121 66121 160000 226121 226121 226121 540000 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 115300 115300 186016 47184 138832 254132 PROPERTIES HELD FOR SALE 174217 174217 DUE TO COMMUNITY NEIGHBORHOOD HOUSING SERVES 100000 100000 X PART X, LINE 2: GFCDC IS CLASSIFIED AS TAX-EXEMPT ORGANIZATION UNDER MINNESOTA STATUTE 290.05 AND SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, IS EXEMPT FROM PRIVATE FOUNDATION STATUS UNDER SECTION 509(A)(1) OF THE INTERNAL REVENUE CODE, AND IS SUBJECT TO INCOME TAXES ONLY ON NET UNRELATED BUSINESS INCOME. MANAGEMENT BELIEVES IT DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS. 0 0 0 0 0 0 0 0 0 JASON PETERSON EXECUTIVE DIRECTOR 0 126742 0 10624 0 0 0 6104 0 15203 0 158673 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE ORGANIZATION'S FORM 990 IS MADE AVAILABLE TO EACH BOARD MEMBER FOR THEIR REVIEW. THE 990 IS REVIEWED BY THE CNHS FINANCE AND EXECUTIVE COMMITTEES PRIOR TO FILING AND IS DISCUSSED AT THE FOLLOWING BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C REVIEWED ANNUALLY AT BOARD MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ALL GENERAL BOARD MEETINGS ARE OPEN TO THE PUBLIC. FORM 990, PART XI, LINE 9: TRANSFER OF ASSETS FROM COMMUNITY NEIGHBORHOOD HOUSING SERVICES -239,464. LOSS FROM INVESTMENT IN OTHER ENTITIES FORM 990, PAGE 12, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS. COMMUNITY NEIGHBORHOOD HOUSING SERVICES 533 DALE ST N ST PAUL MN 55103 411386089 COMMUNITY DEVELOPMENT MN 501(C)(3) LINE 7 COMMUNITY NEIGHBORHOOD HOUSING SERVICES 0 FROGTOWN DEVELOPMENT LLC 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 55404 273137908 AFFORDABLE HOUSING MN N/A RELATED -41791 1046895 0 0 0.50000 NEDU LLC 663 UNIVERSITY AVE SUITE 200 ST PAUL MN 55104 260594659 LEASING MN N/A RELATED -15382 660590 0 0 0.25000 0 0 0 0 1 0 0 0 0 0 0 0 1 1 1 1 0 1 1 COMMUNITY NEIGHBORHOOD HOUSING SERVICES E 100000 CASH COMMUNITY NEIGHBORHOOD HOUSING SERVICES S 239464 CASH