Overview
What is Trellis Co?
Trellis Co is a Minneapolis-based nonprofit organization, which aims to provide affordable housing for individuals of low and moderate income. The organization owns and manages over 30 properties across Minnesota, including Bossen Terrace in Minneapolis, Boxleitner in Minneapolis, Evergreen in Hutchinson, Hamline in Saint Paul, and Jefferson Townhomes in Minneapolis, among others. Trellis Co has a significant presence, with approximately 9 employees, and also acts as a general partner in 21 limited partnerships, the sole owner of a for-profit real estate management corporation, and the controller of a nonprofit organization dedicated to owning affordable housing. Their mission is to offer decent housing for individuals who might not otherwise afford it.
Official website here: www.trellismn.org
Is Trellis Co legitimate?
Trellis Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trellis Co 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: $1,108,782
Professional Fundraising Fees: $0
Other Salaries and Wages: $233,032
For more financial information, click here
Official website here: www.trellismn.org
What is the mission statement of Trellis Co?
Trellis Co is dedicated to providing affordable housing solutions for individuals with low and moderate income. In line with this mission, the organization strives to offer decent housing options that cater to the financial needs of this demographic. Through various housing projects and partnerships, Trellis Co owns and manages multiple properties, with a total of 1,239 units across various locations. The corporation's efforts extend beyond direct ownership, as they also act as a general partner in 21 limited partnerships and have control of a nonprofit organization for affordable housing. The sole owner of a for-profit real estate management corporation, Trellis Co is committed to expanding its reach and improving the lives of those in need of affordable housing.
Official website here: www.trellismn.org
Who is the CEO of Trellis Co?
What is the revenue of Trellis Co?
Who are the executives of Trellis Co and what are their salaries?
The average compensation at Trellis Co during 2022 was $149,090. There are 9 employees at Trellis Co.
Here are 11 key members and their salaries:
- Elizabeth Flannery (Chair) [Trustee/Director]
- Daniel Walsh (Vice President Of Housing)
- Justin Eiliers (Senior Vp Of Housing Devel)
- Chris Maida (Director Of Asset Manageme)
- Andrew Perry (President, Trellis Management)
- Eddie Landenberger (Board Member) [Trustee/Director]
- Eden Spencer (Secretary/Treasurer) [Trustee/Director]
- Karen Reid (President) [Trustee/Director]
- Bob Odman (Board Member) [Trustee/Director]
- Monica Nilsson (Board Member) [Trustee/Director]
- Jeff Washburne (Board Member) [Trustee/Director]
Official website here: www.trellismn.org
Where can I find the form 990 for Trellis Co?
The Trellis Co’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.trellismn.org
Learn more at the official website: www.trellismn.org
Mission Statement of Trellis Co
Trellis Co, a notable nonprofit organization, is dedicated to providing affordable housing opportunities for individuals with low-income and moderate-income backgrounds. With a mission to make a difference, Trellis Co goes above and beyond to ensure that decent housing is within reach for those who might not otherwise have access to it.
The organization's commitment is reflected in its wide range of properties and housing solutions. Trellis Co manages over 30 properties across various locations, each offering quality and affordable living spaces. These properties include Bossen Terrace in Minneapolis, Boxleitner in Minneapolis, Evergreen Hutchinson, Hamline in Saint Paul, and many more. The corporation's housing initiatives cater to a diverse population, ensuring that a broad spectrum of individuals can benefit from their services.
Trellis Co's impact extends beyond the simple provision of housing. They work diligently to make housing affordable by utilizing HUD Section 8 subsidies, ensuring that eligible income guidelines are met. This approach enables Trellis Co to provide affordable housing solutions to a significant number of people, ultimately improving their quality of life and giving them peace of mind. The organization's unwavering dedication to its mission underscores its importance as a vital resource within the community.
Impact
This information is meant to be a general summary of Trellis Co. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Trellis Co's impact is significant in providing quality affordable housing to individuals of low and moderate income. By owning and managing 30 properties across Minnesota, Trellis Co ensures that individuals and families have access to decent housing that meets their financial capabilities. This not only addresses the immediate need for affordable housing but also contributes to stabilizing communities and promoting economic security for residents. Through its mission to provide affordable housing, Trellis Co plays a vital role in supporting individuals and families in achieving a basic need and improving their overall quality of life.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTS
Revenue
$15,725,677
EARNED FEES
Revenue
$3,940,248
OTHER REVENUE
Revenue
$561,904
INSURANCE PROCEEDS
Revenue
$81,068
Organization Details
Founding Year
1991
Phone
(612) 332-6264
Principal Officer
Elizabeth Flannery
Main Address
614 NORTH FIRST STREET SUITE 100, MINNEAPOLIS, MN, 554013101
Website
www.trellismn.org
NTEE Category
Code: L20Z - Housing
If you are a representative of Trellis Co 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.