Home Ownership Center
Home Ownership Center
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About this organization
Mission
The Home Ownership Center promotes and advances successful home ownership in Minnesota with an emphasis on lower- to moderate-income families and emerging markets.
About
The Minnesota Home Ownership Center is a non-profit intermediary organization dedicated to helping Minnesotans with low and moderate incomes to purchase and maintain homes. Funding organizations include foundations, real estate and mortgage finance institutions, government agencies and other industry stakeholders dedicated to increasing access and opportunity to affordable and sustainable home ownership. As an intermediary, the center provides training and certification, curriculum and support products, technical assistance, data collection tools, funding and oversight for a network of more than 40 community-based organizations serving residents of Minnesota. These service delivery partners provide comprehensive homeowner education and counseling to prospective and existing homeowners with low and moderate incomes. Target populations include people of color, immigrants, and others who have traditionally had difficulty purchasing and maintaining homes.
Interesting data from their 2019 990 filing
The non-profit's aim, as indicated in the filing, is “The minnesota home ownership center promotes and advances successful home ownership in minnesota.”.
When referring to its functions, they were specified as: “Home ownership education and counseling”.
- The non-profit has reported their operating state as MN, as required by law.
- As stated in the filing, the non-profit's address in 2019 was 1000 PAYNE AVENUE NO 200, ST PAUL, MN, 55130.
- The non-profit's form reports a total of 18 employees as of 2019.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $4,302,237.
- The organization has 23 independent voting members.
- The organization was formed in 1993.
- The organization pays $1,068,185 in salary, compensation, and benefits to its employees.
- The organization pays $26,301 in fundraising expenses.
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