MINNESOTA HOME OWNERSHIP CENTER

ST PAUL, MN, 55130 (651) 659-9336 Est. 1993 EIN 41-1741817
L80Z - Housing & Shelter 990 - Public charity return 501(c)(3)
www.hocmn.org

Mission

TO BUILD A STRONGER, MORE INCLUSIVE HOMEOWNERSHIP ECOSYSTEM SO THAT EVERY MINNESOTAN - ESPECIALLY THOSE FACING THE GREATEST SYSTEMIC AND HISTORIC BARRIERS - CAN ACCESS AND SUSTAIN THE STABILITY AND WEALTH-BUILDING OPPORTUNITIES OF HOMEOWNERSHIP.

Giving Portfolio

Total Grants
24
Total Giving
$1.9M
Recipients
24
Years Active
2023 - 2025
Avg grant: $115,211 Median: $45,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202516$650K $41K151
20244$585K $146K13
20234$635K $159K40

Sectors Funded

Human Services
4
Housing & Shelter
4
Community Improvement
3
Education
2

Top States

Minnesota
23
Michigan
1

Grantee Size Profile

$10M - $50M
9
$5M - $10M
5
$1M - $5M
3
Over $50M
2

Top Grantees

Page 1 of 2

Grants Awarded · 22 grants

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Financials

Total Revenue
$4,304,571
Total Expenses
$4,230,262
Net Assets
$15,646,764
12 employees 16 volunteers
From latest filing (tax period ending 2025-12-31)

Financial Health

Operating Reserve
3.7 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 14.3%
Expenses ↓ 1.1%
Revenue Sources
Contributions 76.9% Earned revenue 3.9% Investment 17.7% Other 1.0%
Expense Breakdown
Program 81.8% Management 17.0% Fundraising 1.2%

Officers & Trustees (22)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2025 990 - Public charity return
Jan 1, 2025 to Dec 31, 2025
$4,304,571 ↓$4,230,262$15,646,764
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$5,021,832 ↑$4,279,245$14,841,957
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$3,425,749 ↓$3,939,560$13,289,573
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$7,198,884 ↑$8,555,682$12,863,603
2021 990 - Public charity return
Jan 1, 2021 to Dec 31, 2021
$3,064,242 ↓$4,099,660$15,512,148
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$6,782,119 ↓$6,239,074$16,584,916
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$7,041,532 $2,739,295$12,239,182

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EIN: 41-1741817 · Source: IRS Form 990 e-file data