Community Asset Foundation

Community Asset Foundation is a nonprofit organization situated in Chaska, Minnesota. Its primary mission is to construct, finance, and lease facilities to various community entities, including nonprofits, government entities, and for-profit entities, under the condition that these entities agree to operate for the benefit of the community. The organization focuses on developing, constructing, and renovating community assets in collaboration with these operating entities. By doing so, Community Asset Foundation aims to contribute positively to the community's infrastructure and development.

Community Asset Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Asset Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

The Community Asset Foundation's mission is centered around developing, constructing, and renovating community assets in collaboration with community operating entities. They achieve this by financing and constructing facilities using long-term government-guaranteed financing. Subsequently, these facilities are leased to non-profit organizations, government entities, or profit-driven entities, provided they commit to operating for the benefit of the community. This approach enables the foundation to contribute to the enhancement of community resources, fostering a sustainable and prosperous community environment.

Dave Pokorney is the Member of Community Asset Foundation.

Community Asset Foundation's revenue in 2022 was $4,083,929.

The Community Asset Foundation’s most recent form 990 was submitted in 2022 and can be accessed here