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Twin Cities Housing Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 363287080 ✦ St paul, MN ✦ Designated as a 501(c)(3)

Overview

What is Twin Cities Housing Development Corporation?

Twin Cities Housing Development Corporation (TCHDC) is a nonprofit organization committed to providing top-notch, affordable housing options for individuals with moderate to low income levels. Their mission is deeply rooted in respecting the communities where they build, ensuring that the housing they provide is not only affordable but also harmonious with its surroundings. TCHDC's primary goal is to offer high-quality, reasonably-priced dwellings to assist those in need of housing solutions.


Official website here: www.tchdc.org

Is Twin Cities Housing Development Corporation legitimate?

Twin Cities Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Twin Cities Housing Development Corporation 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: $231,041
Professional Fundraising Fees: $0
Other Salaries and Wages: $543,438

For more financial information, click here


Official website here: www.tchdc.org

What is the mission statement of Twin Cities Housing Development Corporation?

Twin Cities Housing Development Corporation (TCHDC) is committed to providing high-quality, affordable housing for individuals with low and moderate income levels. This mission is carried out in a manner that respects the communities where the housing is situated. The organization's primary goal is to ensure that everyone, regardless of their income, has access to decent living spaces. TCHDC's activities focus on developing and managing housing projects that cater to the needs of their target demographic, while maintaining a sense of respect and harmony within the communities they serve.


Official website here: www.tchdc.org

Who is the CEO of Twin Cities Housing Development Corporation?

Barbara Mcquillan is the Board Member of Twin Cities Housing Development Corporation.


Official website here: www.tchdc.org

What is the revenue of Twin Cities Housing Development Corporation?

Twin Cities Housing Development Corporation's revenue in 2022 was $4,942,129.


Official website here: www.tchdc.org

Who are the executives of Twin Cities Housing Development Corporation and what are their salaries?

The average compensation at Twin Cities Housing Development Corporation during 2022 was $129,080. There are 6 employees and 8 volunteers at Twin Cities Housing Development Corporation.

Here are 12 key members and their salaries:

    Barbara M Mcquillan (Executive Director)
  • Compensation: $203,064
  • Related: $0
  • Other: $27,977

    • Ken Isaacson (Development Manager)
  • Compensation: $146,502
  • Related: $0
  • Other: $26,320

    • Debra Palmquist (Senior Asset Manager)
  • Compensation: $127,643
  • Related: $0
  • Other: $26,960

    • Margaret Metzdorf (Senior Asset Manager)
  • Compensation: $113,146
  • Related: $0
  • Other: $24,157

    • Hugh Cameron (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Gardner (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Hansen (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Denise Beigbeder (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patricia Lilledahl (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Harry Melander (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Lindsay (Treasurer/Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Wilson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.tchdc.org

    Where can I find the form 990 for Twin Cities Housing Development Corporation?

    The Twin Cities Housing Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.tchdc.org

    Learn more at the official website: www.tchdc.org

    Mission Statement of Twin Cities Housing Development Corporation

    Twin Cities Housing Development Corporation (TCHDC) is dedicated to providing high-quality, affordable housing for individuals and families with modest incomes. This mission is grounded in a respectful approach towards the communities where the housing is situated. TCHDC's primary goal is to create housing options that cater to the needs of those who may not otherwise be able to afford decent living spaces. The corporation's work is driven by a commitment to enhancing the living conditions of low-income individuals, ensuring they have access to housing that is both suitable and respectful to the surrounding communities.

    Impact

    This information is meant to be a general summary of Twin Cities Housing Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Twin Cities Housing Development Corporation's impact is significant in providing quality affordable housing for low and moderate income individuals in St. Paul, MN. Their mission is focused on creating housing options that are respectful of the communities they serve. By addressing the critical need for affordable housing, Twin Cities Housing Development Corporation is helping to improve the quality of life for many individuals and families in the region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $817,138
  • Program Service Revenue: $3,927,934
  • Gross Receipts: $5,473,044

    • Assets and Liabilities:
  • Total Assets: $29,828,086
  • Total Liabilities: $19,500,220
  • Net Assets: $10,327,866
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTAL INCOME

    Revenue

    $2,243,186

    DEVELOPMENT & MGMT FEES

    Revenue

    $1,416,469

    OTHER PROGRAM RELATED

    Revenue

    $137,144

    PROGRAM RELATED INT

    Revenue

    $131,135

    Organization Details

    Founding Year

    1984

    Principal Officer

    Barbara Mcquillan

    Main Address

    1360 ENERGY PARK DRIVE 210, ST PAUL, MN, 55108

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Twin Cities Housing Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.