Federal ID# 411741817
Minnesota Home Ownership Center
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- Home Ownership Center
General Information
Organization Type | CHARITY |
Contact Person | Julie Gugin |
Address | 1000 Payne Avenue, 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 | Granted |
Financial Information
For Fiscal Year Ending 12/31/2022
INCOME
Direct Public Support | $563,214 |
Government Grants | + $6,813,533 |
Other Revenue | + $-177,863 |
Total Revenue | $7,198,884 |
EXPENSES
Amount Spent for Program or Charitable Purposes | $7,825,380 |
Management/General Expense | + $699,046 |
Fundraising Expense | + $31,256 |
Total Expenses | $8,555,682 |
Excess/Deficit
Total Revenue | $7,198,884 |
Total Expenses | - $8,555,682 |
Excess/Deficit | $-1,356,798 |
End of Year Fund Bal/Net Worth
Total Assets | $14,152,614 |
Total Liabilities | - $1,289,011 |
End of Year Fund Bal/Net Worth | $12,863,603 |