NonprofitsTchfh Lending Inc

Tchfh Lending Inc

SAINT PAUL, MN

Total revenue

$5.3M

Total expenses

$3.5M

Net assets

$4.8M

Grants received

$1.9M

8 grants

EIN

811958719

Tax year

2023

Mission

Providing affordable home mortgages to help the underserved attain homeownership

Programs

2 programs

Tchfh lending, inc. Services residential mortgages it originates and services existing loans previously originated by its parent entity, twin cities habitat for humanity, inc. The organization serviced 1,364 loans in fy24.

Expenses: $618K

Tchfh lending, inc. Provides down payment and closing cost assistance grants to eligible low-income homebuyers and facilitates third-party down payment assistance programs and subordinate loans. Grants were awarded to 125 homebuyers in fy24.

Expenses: $1.8MGrants: $1.8M

Financials

FY 2023

Revenue

Contributions & grants$4.0M
Program service revenue$1.2M
Investment income$105K
Other revenue
Total revenue$5.3M

Expenses

Grants paid$1.9M
Salaries & benefits$896K
Fundraising
Other expenses$734K
Total expenses$3.5M
Total assets$11.4M
Net assets$4.8M

People

8 listed

NameRoleCompensation

ANNE BEHRENDT

DIRECTOR

Board

0.5 hrs/wk

DELINDA WASHINGTON

DIRECTOR

Board

0.5 hrs/wk

ERIC SKALLAND

DIRECTOR

Board

0.5 hrs/wk

JONATHAN SAGE-MARTINSON

DIRECTOR

Board

0.5 hrs/wk

BRANDON BERG

DIRECTOR

Board

0.5 hrs/wk

SCOTT HIETPAS

DIRECTOR

Board

0.5 hrs/wk

BRUCE PARADIS

DIRECTOR

Board

0.5 hrs/wk

ROBYN BIPES-TIMM

PRESIDENT

Board

10 hrs/wk

Grants received

Showing 8 of 8

Funded by

$1.9M from 4 funders · 8 grants · 2019–2024

The Minneapolis Foundation

$1.6M · 1 grant · 2024

Minnesota Home Ownership Center

$232K · 1 grant · 2024

Donor Advised Charitable Giving Inc

$31K · 5 grants · 2019–2023

Details

EIN811958719
Subsection03
Ruling date1987-01
Formed2016
Employees0
Volunteers7
TCHFH LENDING INC — Mission, Financials & Grants Received | Grantivo