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, 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 12/31/2023
INCOME
| Direct Public Support | $1,483,119 |
| Government Grants | + $1,400,592 |
| Other Revenue | + $542,038 |
| Total Revenue | $3,425,749 |
EXPENSES
| Amount Spent for Program or Charitable Purposes | $3,130,963 |
| Management/General Expense | + $780,889 |
| Fundraising Expense | + $27,708 |
| Total Expenses | $3,939,560 |
Excess/Deficit
| Total Revenue | $3,425,749 |
| Total Expenses | - $3,939,560 |
| Excess/Deficit | $-513,811 |
End of Year Fund Bal/Net Worth
| Total Assets | $14,260,394 |
| Total Liabilities | - $970,821 |
| End of Year Fund Bal/Net Worth | $13,289,573 |
