NonprofitsSouthwest Minnesota Housing Partnership

Housing & Shelter

Southwest Minnesota Housing Partnership

SLAYTON, MN

Total revenue

$17.0M

Total expenses

$16.0M

Net assets

$6.0M

Grants received

$4.0M

40 grants

EIN

411721815

Tax year

2024

Mission

To partner with communities to develop places for people to call home so that people in southwest and south-central minnesota have access to dignified affordable housing, and thriving, inclusive and equitable communities.

Programs

3 programs

Housing and commercial rehab:swmhp brings construction management expertise to oversee rehab and redevelopment projects, both residential and commercial in nature. These efforts focus on goals such as: removing health & safety hazards, meeting accessibility requirements, increasing energy efficiencies, increasing marketability to ensure quality living for those we work with. Swmhp writes funding requests and administers several housing rehabilitation programs in the region, including small cities development program (scdp), rental rehabilitation deferred loans (rrdl), federal home loan bank (fhlb), fix-up funds and other resources.

Expenses: $315K

Community development and technical assistance:swmhp's menu of services includes both single family development and community development and technical support. There tends to be a great deal of connection between these programs. Swmhp helps local units of government, not-for-profit developers and other agencies identify and address housing needs within a community. These needs are done through methods such as needs assessments, surveys, and community engagement and feedback sessions. Swmhp can propose solutions including, but not limited to, technical assistance in grant writing or supporting applications, financial review of cost feasibility of how a project could be done, researching various funding streams that could fit, as well as initial design work to bring needs to life in a way stakeholders could envision. These services are primarily funded by developer fees, foundation grants and the minnesota housing finance agency.

Expenses: $322KGrants: $4K

Counseling & supportive services:swmhp provides education and counseling services to those preparing for homeownership, as well as those in rental situations depending on their needs. Homeownership counseling services address credit concerns, educate on household maintenance and upkeep, and help identify financing sources. These counseling services also include foreclosure counseling and advocacy, as well as eviction prevention counseling and advocacy. Swmhp also serves as a supportive services provider for eligible residents of three properties in swmhp's portfolio and two properties in another developer/owner's portfolio. Supportive services include creating individualized household plans with goals designed to address resident's obstacles and barriers to housing. These plans address securing employment, meeting basic needs, education on tenant rights and responsibilities, conflict management with landlords and neighbors, and referrals to appropriate therapies and programs available in the community. Swmhp provides supportive services to over 100 individuals.

Expenses: $792KGrants: $24K

Financials

FY 2024

Revenue

Contributions & grants$1.9M
Program service revenue$14.6M
Investment income$462K
Other revenue$52K
Total revenue$17.0M

Expenses

Grants paid$61K
Salaries & benefits$2.5M
Fundraising$50K
Other expenses$13.5M
Total expenses$16.0M
Total assets$70.8M
Net assets$6.0M

People

18 listed

NameRoleCompensation

CHAD ADAMS

CHIEF EXECUTIVE OFFICER

Board

$169K

40 hrs/wk

JEFF CORDES

CHIEF FINANCIAL OFFICER

Board

$120K

40 hrs/wk

BRIANA MUMME

DIRECTOR

Board

1 hrs/wk

CHRISTOPHER CORBETT

DIRECTOR

Board

1 hrs/wk

CRISTINA ADAME

DIRECTOR

Board

1 hrs/wk

DAWN HEGLAND

DIRECTOR

Board

1 hrs/wk

LIZ DANIELSON

CHAIR

Board

1 hrs/wk

JASON GERDES

DIRECTOR

Board

1 hrs/wk

MARTHA CROYLE

DIRECTOR

Board

1 hrs/wk

SCOTT MARQUARDT

DIRECTOR

Board

1 hrs/wk

EMILY MASTERS

DIRECTOR

Board

1 hrs/wk

MATTHEW UST

VICE-CHAIR

Board

1 hrs/wk

DAVID THOMPSON

SECRETARY-TREASURER

Board

1 hrs/wk

TARA ONKEN

DIRECTOR

Board

1 hrs/wk

APRIL CHOUINARD

DIRECTOR

Board

1 hrs/wk

KRISTIE BLANKENSHIP

CHIEF OPERATING OFFICER

Staff

$126K

40 hrs/wk

JESSE SCHOTT

DIRECTOR OF CONSTRUCTION SERVICES

Staff

$103K

40 hrs/wk

JAMES ARENTSON

ARCHITECT

Staff

$100K

40 hrs/wk

Independent contractors

WILCON CONSTRUCTION SERVICES

CONSTRUCTION

$1.2M

DOUG NAU CONSTRUCTION

CONSTRUCTION

$279K

Grants received

Showing 40 of 40

FromAmountPurposeYear
$30K
DPA CAPACITY GRANT
2024
$25K
ECONOMIC OPPORTUNITY - HOMETOWN
2024
$25K
PARTNERSHIP COMMUNITY LAND TRUST (PCLT)- MANKATO, MN
2024
$25K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2024
$12K
HOUSING COUNSELING PROGRAM & ADMINISTRATION
2024
$6K
WELLS FARGO KEEPING PEOPLE HOUSED GRANT
2024
$90K
GENERAL OPERATIONS
2023
$25K
ECONOMIC OPPORTUNITY - HOMETOWN
2023
$19K
HOUSING STABILIZATION (RENTER STABILIZATION/EVICTION PREVENTION & HOMEOWNER ASSISTANCE/FORECLOSURE PREVENTION)
2023
$9K
HOUSING STABILIZATION (RENTER STABILIZATION/EVICTION PREVENTION & HOMEOWNER ASSISTANCE/FORECLOSURE PREVENTION)
2023
$2K
ASSISTANCE TO THE DISADVANTAGED
2023
$90K
GENERAL OPERATIONS
2022
$29K
HOUSING COUNSELING PROGRAM & ADMINISTRATION
2022
$18K
CAPACITY BUILDING - RURAL
2022
$15K
HOUSING STABILIZATION (RENTER STABILIZATION/EVICTION PREVENTION & HOMEOWNER ASSISTANCE/FORECLOSURE PREVENTION)
2022
$33K
HOUSING STABILIZATION (FORECLOSURE & EVICTION)
2021
$27K
HOUSING COUNSELING PROGRAM & ADMINISTRATION
2021
$13K
HOUSING STABILIZATION (RENTER STABILIZATION/EVICTION PREVENTION & HOMEOWNER ASSISTANCE/FORECLOSURE PREVENTION)
2021
$8K
GENERAL SUPPORT
2021
$40K
HOUSING COUNSELING, FORECLOSURE PROGRAM
2020
$6K
GENERAL SUPPORT
2020
$8K
GENERAL SUPPORT
2019
$13K
CAPACITY BUILDING
2018
$8K
GENERAL SUPPORT
2018
$6K
OUTREACH SERVICES FOR FLOODS IN MN.
2018
$510K
EXPENDABLE GRANTS
2017
$28K
SW MINNESOTA HOUSING BUSINESS ASSESSMENT, COMMUNITY CULTURE CENTER BUILDING DESIGN
2017
$8K
GENERAL SUPPORT
2017

Funded by

$4.0M from 13 funders · 40 grants · 2017–2024

Neighborhood Reinvestment Corporation

$3.3M · 7 grants · 2017–2023

Otto Bremer Trust

$205K · 3 grants · 2022–2024

The Housing Partnership Network Inc

$203K · 10 grants · 2020–2024

Local Initiatives Support Corporation

$78K · 3 grants · 2020–2024

Target Foundation

$50K · 2 grants · 2023–2024

Enterprise Community Partners Inc

$41K · 3 grants · 2018–2024

United Way Of Nobles County

$36K · 5 grants · 2017–2021

Details

EIN411721815
NTEE codeL210
Subsection03
Ruling date1993-03
Formed1992
Employees35
Volunteers60
SOUTHWEST MINNESOTA HOUSING PARTNERSHIP — Mission, Financials & Grants Received | Grantivo