Commonbond Communities
ST PAUL, MN
Total revenue
$52.4M
Total expenses
$38.0M
Net assets
$107.7M
Grants received
$24.0M
295 grants
EIN
411260469
Tax year
2024
Mission
Commonbond's mission is to build stable homes, strong futures and vibrant communities.
Programs
2 programs
Housing development, property management and asset management: since 1971, commonbond communities has been providing homes and hope for those most in need in our community. As a premier nonprofit developer and manager of affordable housing, commonbond is best positioned to address the critical need for more affordable housing in our region. In order to achieve its goal of serving 15,000 per year by 2025, commonbond has been aggressively growing its real estate pipeline, developing financing tools internally and with stakeholders, and evaluating its existing portfolio for upcoming needs. See schedule o for more info on housing development, property management, and asset management's accomplishments.during 2024, commonbond owned more than 7,000 units of affordable housing that served nearly 13,000 residents including families, youth, seniors, veterans, and people with disabilities and other barriers to stability.
Community engagement: integral to our work are the relationships that are formed to benefit our resident community and our housing communities in general. Community members work hand-in-hand with staff and residents at our housing communities. Hundreds of residents, critical service providers, local business owners, municipalities, community groups, faith communities, and other neighborhood organizations serve on boards and committees to help foster understanding and support the housing communities and the people who live there. This model promotes resident leadership and helps break down barriers that sometimes arise between an affordable housing site and its surrounding neighborhood.
Financials
FY 2024
Revenue
Expenses
People
25 listed
DEIDRE SCHMIDT
PRESIDENT & CEO
$297K
40 hrs/wk
CINDY KOCH
TREASURER
—
1 hrs/wk
MATT SCHRINER
DIRECTOR
—
1 hrs/wk
JAMAL ADAM
DIRECTOR
—
1 hrs/wk
WADE C LAU
DIRECTOR
—
1 hrs/wk
TASHA ALEXANDER
VICE CHAIR
—
1 hrs/wk
EVA STEVENS
DIRECTOR
—
1 hrs/wk
NICOLE BROOKSHIRE
DIRECTOR
—
1 hrs/wk
ADAM BERNIER
CHAIR
—
1 hrs/wk
R PARTICIA TRISH KELLY
DIRECTOR
—
1 hrs/wk
MEGAN REMARK
DIRECTOR
—
1 hrs/wk
SITA MORANTZ
DIRECTOR
—
1 hrs/wk
VALERIE SPENCER
DIRECTOR
—
1 hrs/wk
JENNIFER THAO
DIRECTOR
—
1 hrs/wk
SHAILJA AMBROSE
DIRECTOR
—
1 hrs/wk
FATIMA MOORE
DIRECTOR
—
1 hrs/wk
MOHAMED OMAR
DIRECTOR
—
1 hrs/wk
MARK RUNKEL
DIRECTOR
—
1 hrs/wk
JACKIE TURNER
DIRECTOR
—
1 hrs/wk
ANGELA RILEY
EVP OF RISK MANAGEMENT
—
1 hrs/wk
JENNIFER ANDERSON
INTERIM CFO
—
1 hrs/wk
BARB TRETHEWAY
SECRETARY
—
1 hrs/wk
HEIDI RATHMANN
INTERIM VP OF A&D
$171K
1 hrs/wk
THOMAS ADAMS
EXECUTIVE VP OF HOUSING SERVICES
—
1 hrs/wk
KAREN LAW
EXECUTIVE VP OF TALENT EQUITY, CULTURE
—
1 hrs/wk
Grants received
Showing 200 of 295
Funded by
$24.0M from 101 funders · 295 grants · 2017–2024
$4.5M · 7 grants · 2017–2023
$2.7M · 4 grants · 2020–2024
$2.0M · 2 grants · 2020–2023
$1.9M · 2 grants · 2022–2023
$1.6M · 8 grants · 2017–2024
$1.6M · 9 grants · 2020–2024
$820K · 8 grants · 2019–2024
$676K · 7 grants · 2018–2024