NonprofitsModel Cities Properties

Housing & Shelter

Model Cities Properties

ST PAUL, MN

Total revenue

$1.9M

Total expenses

$1.1M

Net assets

$1.5M

Grants received

$60K

1 grants

EIN

364661878

Tax year

2024

Mission

To operate for the benefit of model cities of st. Paul, inc. And model cities community development corporation.

Programs

2 programs

Model cities properties also serves as a holding company for our sankofa and families first supportive housing developments, which provide 37 long-term, low-cost housing units at no more than 30% of family income. Sankofa serves pregnant and parenting youth and young adults ages 17-25. Families first serves single-parent families, mostly single mothers with a history of homelessness.

Expenses: $346K

Model cities continues to work on a development project (652 sherburne), a vacant 8-unit building located in the frogtown neighborhood of st. Paul. Model cities, along with the frogtown neighborhood association (fna), hope community, historic st. Paul, and the housing justice center, came together as the sherburne collective to jointly redevelop the building into a six-unit community-ownership based project. Rondo community land trust will own the land in a trust ensuring that the building will remain in community ownership in perpetuity. This $2.9 million dollar project includes a complete renovation of the building, converting some of the units to much needed four-bedroom family units. Funding has been committed from both ramsey county and the city of st. Paul. Model cities serves as the developer and manages the construction project and will provide property management services until the units can be converted to ownership under a condo or coop model. The rondo community land trust owns the land. Fna will conduct community outreach and with hope community, help prepare eligible families for ownership. Rehab of the building began in spring 2024 and will continue through 2025, with occupancy anticipated in late fall 2025.

0

Financials

FY 2024

Revenue

Contributions & grants$1.0M
Program service revenue$780K
Investment income$9
Other revenue$117K
Total revenue$1.9M

Expenses

Grants paid
Salaries & benefits
Fundraising$15K
Other expenses$1.1M
Total expenses$1.1M
Total assets$9.1M
Net assets$1.5M

People

11 listed

NameRoleCompensation

KIZZY DOWNIE

CEO/BOARD SECRETARY

Board

20 hrs/wk

OSBORNE STRICKLAND

CHAIR

Board

0.5 hrs/wk

BRENDA BAILEY

TREASURER

Board

0.5 hrs/wk

JUDITH AMINMENTSE

DIRECTOR

Board

0.5 hrs/wk

DANIEL ATUNAH-JAY

DIRECTOR

Board

0.5 hrs/wk

BRENDA BOLAR FORD

DIRECTOR

Board

0.5 hrs/wk

PETER MAY

DIRECTOR

Board

0.5 hrs/wk

MARILYN PORTER

DIRECTOR

Board

0.5 hrs/wk

JOHNATHAN COOPER

DIRECTOR

Board

0.5 hrs/wk

HEIDI LEISE

DIRECTOR

Board

0.5 hrs/wk

AMY SCHWABE

DIRECTOR

Board

0.5 hrs/wk

Independent contractors

FLANNERY CONSTRUCTION

CONSTRUCTION SERVICES FOR REAL ESTATE PR

$512K

Grants received

Showing 1 of 1

FromAmountPurposeYear
$60K
IDENTIFY AND PREPARE NEW OWNER-OCCUPANTS
2020

Funded by

$60K from 1 funder · 1 grant · 2020

Family Housing Fund

$60K · 1 grant · 2020

Details

EIN364661878
NTEE codeL112
Subsection03
Ruling date2010-06
Formed2009
Employees0
Volunteers9
MODEL CITIES PROPERTIES — Mission, Financials & Grants Received | Grantivo