2025-08-15T10:43:44-05:00 2024-09-30 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2023-10-01 411386089 COMMUNITY NEIGHBORHOOD HOUSING SERVICES COMM 6512928710 533 DALE STREET NORTH ST PAUL MN 55103 JASON PETERSON EXECUTIVE DIRECTOR 6512928710 2025-08-15 1 0 RACHEL FLANDERS P01591790 6123764500 2025-08-14 2023 2025-03-06 01:10:19Z NEIGHBORWORKS HOME PARTNERS JASON PETERSON 533 DALE STREET NORTH ST PAUL MN 55103 6474160 0 X WWW.NWHOMEPARTNERS.ORG X 1981 MN PROVIDING HOMEOWNERSHIP EDUCATION AND ADVISING AS WELL AS RESIDENTIAL COMMUNITY LENDING PROGRAMS THROUGHOUT THE STATE OF MINNESOTA WITH A SPECIAL EMPHASIS ON THE TWIN CITIES METROPOLITAN REGION. 15 15 22 45 0 0 3447032 3850280 452887 606100 183079 252584 0 0 4082998 4708964 85850 207000 0 0 1459738 1495724 0 0 67627 485887 546692 2031475 2249416 2051523 2459548 20483021 22605389 4128819 2633930 16354202 19971459 X OUR MISSION IS "EMPOWERING INDIVIDUALS AND COMMUNITIES BY HELPING PEOPLE, BUY, FIX AND KEEP THEIR HOMES". TO FURTHER THIS WORK, WE PROVIDE HOMEOWNERSHIP EDUCATION AND ADVISING AS WELL AS RESIDENTIAL COMMUNITY LENDING PROGRAMS TO FAMILIES ALL ACROSS MINNESOTA WITH A SPECIAL EMPHASIS ON THE TWIN CITIES METRO AREA. 0 0 945263 207000 594066 COMMUNITY LENDING PROGRAM PROVIDING DOWN PAYMENT ASSISTANCE AND HOME REPAIR LOANS TO LOW-TO-MODERATE-TO-MIDDLE INCOME FAMILIES (AS DEFINED BY HUD) WHO WOULD NOT LIKELY QUALIFY FOR THESE FUNDS FROM A TRADITIONAL LENDING INSTITUTION. IN FISCAL YEAR 2024, 301 DOWN PAYMENT LOANS WERE PROVIDED TOTALING $5,450,268 IN FUNDS. IN ADDITION, 77 HOME REPAIR LOANS WERE PROVIDED TOTALING $2,295,090 IN FUNDS. 274848 0 12034 HUD APPROVED COUNSELING AND EDUCATION SERVICES WERE PROVIDED TO FAMILIES TO HELP THEM BUY OR KEEP WHAT IS LIKELY ONE OF THE BIGGEST PURCHASES IN THEIR LIVES - THEIR HOME. IN FY24, 964 FAMILIES RECEIVED THESE SERVICES. 1220111 1 1 0 0 0 0 0 0 1 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 13 0 1 22 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X X JASON PETERSON 6512928710 533 DALE STREET NORTH ST PAUL MN 55103 MIKE MORRELL PRESIDENT 2.00 2.00 X X 0 0 0 KRISSI MILLS VICE PRESIDENT 2.00 2.00 X X 0 0 0 DAVE ZASTROW SECRETARY 2.00 2.00 X X 0 0 0 KATELYN SHEHU TREASURER 2.00 2.00 X X 0 0 0 JOEL ISENBERGER VICE CHAIR 2.00 2.00 X X 0 0 0 JOE CHOW DIRECTOR 1.50 1.50 X 0 0 0 KEVIN KNASE DIRECTOR 1.00 1.00 X 0 0 0 MAI LEE YANG DIRECTOR 1.00 1.00 X 0 0 0 JUSTIN HOULE DIRECTOR 1.50 1.50 X 0 0 0 RANDY NELSON DIRECTOR 1.00 1.00 X 0 0 0 BRIAN DEPPE DIRECTOR 1.00 1.00 X 0 0 0 MARK NETTESHEIM CHAIR 2.00 2.00 X X 0 0 0 WILLIAM FLOWERS DIRECTOR 1.00 1.00 X 0 0 0 JUSTINE LOGELIN DIRECTOR 1.00 1.00 X 0 0 0 JEN JANG DIRECTOR 1.00 1.00 X 0 0 0 ASHLYN CRAWFORD DIRECTOR 1.00 1.00 X 0 0 0 KAELA SEAY DIRECTOR 1.00 1.00 X 0 0 0 MIKE SCHOKMILLER DIRECTOR 1.00 1.00 X 0 0 0 SONDRA BRENEMAN DIRECTOR 1.00 1.00 X 0 0 0 JASON PETERSON CEO 39.75 0.25 X 156117 0 22385 KJIRSTEN JOHNSON CFO 39.75 0.25 X 115316 0 22154 BETH HYSER CPO 38.00 2.00 X 98175 0 6005 369608 0 50544 2 0 1 0 LBC REMODELING & MANAGEMENT 1225 GREYSTONE AVE N OAKDALE MN 55128 REMODELING AND REPAIR CONTRACTOR 443593 J LEWIS BUILDING AND REMODELING 12349 SHELBURNE AVE BECKER MN 55308 REMODELING AND REPAIR CONTRACTOR 218202 ROBERT HALF 800 NICOLLET MALL 2700 MINNEAPOLIS MN 55402 PROFESSIONAL SERVICES 115984 3 2634088 1216192 3850280 CONTRACTS 900099 373676 373676 LOAN INTEREST 522291 155352 155352 LOAN SERVICING & ORIGINATION FEES 522291 65038 65038 OTHER PROGRAM REVENUES 522291 12034 12034 606100 190960 190960 1826820 1765196 61624 61624 61624 4708964 606100 0 252584 207000 207000 480083 83610 350893 45580 789298 608888 180410 27187 21166 6021 102385 76883 24778 724 96771 51275 43221 2275 4401 4401 36226 36226 38832 38832 173896 35085 127899 10912 14205 360 13153 692 38437 16524 20817 1096 62623 32940 28199 1484 55445 12711 40597 2137 557 413 137 7 4149 3074 1021 54 15925 5925 9500 500 14773 14034 739 22692 3834 17915 943 PROVISION FOR LOAN LOSS 41962 41962 OTHER EMPLOYEE EXPENSES 14587 10809 3589 189 LOAN PROCESSING EXPENSE 6924 6594 35 295 PROGRAM FUND RETURNED 1058 1058 2249416 1220111 961678 67627 415735 220434 3205934 1852719 119136 254213 699587 886785 49055 64391 79132 62895 21183 16237 5037280 5801073 10935111 13509537 20483021 22605389 561387 398487 1635984 894068 1000000 1000000 931448 341375 4128819 2633930 X 9130884 12624735 7223318 7346724 16354202 19971459 20483021 22605389 X 2459548 514283 861000 -217574 X X 0 1 X 1 1 1 X 2115624 11440981 2576571 3447032 3850280 23430488 2115624 11440981 2576571 3447032 3850280 23430488 23430488 14305 18196 31380 32517 190960 287358 23717846 2116531 0.98790 0.99530 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 79132 62895 16237 16237 LOANS RECEIVABLE 13509537 F 13509537 UNDISBURSED LOAN COMMITMENTS 341375 341375 X PART X, LINE 2: CNHS AND GFCDC ARE CLASSIFIED AS TAX-EXEMPT ORGANIZATIONS UNDER MINNESOTA STATUTE 290.05 AND SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC), ARE EXEMPT FROM PRIVATE FOUNDATION STATUS UNDER SECTION 509(A)(1) OF THE IRC, AND ARE SUBJECT TO INCOME TAXES ONLY ON NET UNRELATED BUSINESS INCOME. EACH FILES ITS OWN INFORMATION RETURN. MANAGEMENT BELIEVES NEITHER CNHS NOR GFCDC HAVE ANY UNCERTAIN TAX POSITIONS. 1 LIFT DOWN PAYMENT ASSISTANCE GRANTS. 89 207000 N/A N/A PART I, LINE 2: NWHP DISBURSES GRANT AWARDS DIRECTLY TO BORROWERS IN THE FORM OF FORGIVABLE LOANS. ALL FUNDS ARE TRACKED IN THE CRM AND LOAN SERVICING SYSTEM AND DISBURSED ACCORDING TO PROGRAM LINES. X X X 0 0 0 0 0 0 0 0 0 JASON PETERSON CEO 145117 0 11000 0 0 0 6245 0 16140 0 178502 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR STRATEGIC AND OPERATIONAL OVERSIGHT OF THE ORGANIZATION. THE FOUR OFFICER POSITIONS (CHAIR, VICE CHAIR, TREASURER, AND SECRETARY) SERVICE AS MEMBERS OF THE COMMITTEE. EXCEPT FOR THE POWER TO AMEND THE ARTICLES OF INCORPORATION AND BYLAWS, THE EXECUTIVE COMMITTEE SHALL HAVE ALL THE POWERS AND AUTHORITY OF THE BOARD OF DIRECTORS IN THE INTERVALS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, AND IS SUBJECT TO THE DIRECTION AND CONTROL OF THE FULL BOARD. THE EXECUTIVE COMMITTEE CHAIR SHALL SERVE AS THE CHAIR OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE ORGANIZATION'S FORM 990 IS DISTRIBUTED TO EACH BOARD MEMBER FOR THEIR REVIEW. THE 990 IS REVIEWED BY THE FINANCE AND EXECUTIVE COMMITTEES PRIOR TO FILLING AND IS DISCUSSED AT THE NEXT FULL BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C CNHS'S CONFLICT OF INTEREST POLICY APPLIES TO ALL EMPLOYEES, DIRECTORS, PRINCIPALS, OFFICERS, AND COMMITTEE MEMBERS. A PERSON HAS FINANCIAL INTEREST IF THEY HAVE OWNERSHIP OR INVESTMENT WITH ANY ENTITY WHICH CNHS HAS A TRANSACTION OR ARRANGEMENT, COMPENSATION ARRANGEMENT WITH CNHS OR WITH ANY ENTITY OR INDIVIDUAL WHICH CNHS HAS A TRANSACTION OR ARRANGEMENT, OR A POTENTIAL OWNERSHIP, INVESTMENT INTEREST, OR COMPENSATION ARRANGEMENT WITH ANY ENTITY OR INDIVIDUAL WHICH CNHS IS NEGOTIATING A TRANSACTION OR ARRANGEMENT. ALL INDIVIDUALS MUST SIGN AN ANNUAL STATEMENT AFFIRMING THAT THEY HAVE READ, UNDERSTAND, AND WILL COMPLY TO THE POLICY. THE CONFLICT OF INTEREST POLICY IS REVIEWED BY THE BOARD ANNUALLY. ALL INTERESTED PERSONS MUST DISCLOSE THE NATURE OF ANY POTENTIAL CONFLICTS OF INTEREST WITH REGARD TO ANY TRANSACTION, WHICH IS REVIEWED BY THE BOARD OF DIRECTORS. AFTER DISCLOSING ALL MATERIAL FACTS, THEY SHALL LEAVE THE BOARD MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST, THE BOARD SHALL DECIDE IF ENTERING INTO SUCH TRANSACTION IS FAIR AND REASONABLE TO CNHS AND THAT IT IS IN CNHS'S BEST INTEREST. INTERESTED PERSONS ARE REMOVED FROM PARTICIPATING IN SUCH DISCUSSIONS. RESULTS OF THE DELIBERATIONS ARE RECORDED IN THE ORGANIZATION'S MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS PERFORM AN ANNUAL PERFORMANCE REVIEW OF THE EXECUTIVE DIRECTOR AND USE COMPARATIVE SALARY DATA FROM THE MINNESOTA COUNCIL OF NONPROFITS, NEIGHBORWORKS AMERICA AND OTHER SOURCES TO DETERMINE COMPENSATION FOR THE UPCOMING YEAR. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. 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, ANNUAL REPORTS, AND PUBLIC DISCLOSURE COPIES OF PRIOR YEAR FORM 990'S ARE OPEN TO THE PUBLIC. FORM 990, PART XI, LINE 9: ADOPTION OF ASC 374 -217,574. FORM 990, PART XII, LINC 2C NO CHANGE FROM PRIOR YEAR. GREATER FROGTOWN COMMUNITY DEVELOPMENT CORPORATION 533 DALE STREET N ST PAUL MN 55103 411804148 REAL ESTATE 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 -23655 875367 0 0 0.50000 NEDU LLC 663 UNIVERSITY AVE SUITE 200 ST PAUL MN 55104 260594659 LEASING MN N/A RELATED -17853 607330 0 0 0.25000 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 GREATER FROGTOWN COMMUNITY DEVELOPMENT CORPORATION R 100000 UPON MERGER