Minnesota · Nonprofit
CENTER CITY HOUSING CORP
CENTER CITY HOUSING CORP (Minnesota) receives grants from 25 organizations whose IRS filings report $3,721,518 to it, the largest being HEARTH CONNECTION ($893,853). 14 of them have funded it in more than one year.
- Revenue FY2024
- $17M
- Funders on record
- 25
- Grants received
- $3.7M
- Net assets
- $3.8M
What Center City Housing Corp does
Mission
Cchc develops, owns and/or manages quality housing opportunities and provides associated services for those most in need.
As stated on its FY2024 Form 990.
Programs
Supportive services - this program consists of the supportive services provided to residents of the san marco, river crest, gage east, hillside apartments, gateway, park place, garfield, cahill, birchwood, mayowood, river heights, and the various family supportive housing projects owned by the corporation, plus silver creek in rochester (not owned by the corporation). Examples of supportive services include but are not limited to case management, educational classes, nutrition services, medical assistance, budgeting assistance and social services referrals.
$6,041,811 spentof which $486,843 as grants$3,782,590 earned by the program45% of program spendingReal estate operations - this program includes the operations of multifamily residential properties. Activities include but are not limited to lease up and leasing, operations budgeting development and implementation, property maintenance and asset management.
$6,385,454 spent$5,235,604 earned by the program48% of program spendingHousing devlopment - this program consists of project feasibility analysis, pre-development activity and development of multifamily residential properties. Activitites include but are not limited to needs analysis, site selection and site control, schematic design, funding identification, budget/proforma development and funding request development.
$907,992 spent$1,499,225 earned by the program7% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $13,335,257.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $39M to $55M (+42%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 21% · 2018 19% · 2019 18% · 2020 16% · 2021 33% · 2022 28% · 2023 27% · 2024 24%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Nancy Cashman
Executive director
Board chair
Karen Olesen
Board president
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2019 and FY2020 filings.
Who funds it, year by year
2017 → 2023: the base narrowed from 9 funders to 6 funders, grant income fell $949k → $212k.
7 of 25 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 15% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $435k from one payer (the same organization on both sides, largest Center City Housing Corp). These are real filings, and they are not money CENTER CITY HOUSING CORP raised.
From the IRS filings of CENTER CITY HOUSING CORP’s funders (the co-funder graph). Top 22 of 25 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
CENTER CITY HOUSING CORP has a broad base — no single funder exceeds 24% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
77% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CENTER CITY HOUSING CORP.
Largest funder’s share by year: 2017 62% · 2018 24% · 2019 47% · 2020 37% · 2021 26% · 2022 26% · 2023 53% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
29% of CENTER CITY HOUSING CORP's funders are still giving 3 years after their first grant; 56% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
81% of CENTER CITY HOUSING CORP's grant income comes from Minnesota funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $565k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Government funding CENTER CITY HOUSING CORP receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $6.8M on record.
- Department of Housing and Urban Development$6.8M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like CENTER CITY HOUSING CORP
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Minnesota
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
93% of spending goes to programs.
Governance
Public support
99%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 32 related entities
- River Crest of St Cloud Cc LLC · disregarded
- 1323-1331 (Sheila's Place) LLC · disregarded
- 2001 (Duluth Iv) LLC · disregarded
- 218-228 (Duluth 5 Plex) LLC · disregarded
- Second Street (Transitional Housing) LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for CENTER CITY HOUSING CORP: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds CENTER CITY HOUSING CORP?
- CENTER CITY HOUSING CORP (Minnesota) receives grants from 25 organizations whose IRS filings report $3,721,518 to it, the largest being HEARTH CONNECTION ($893,853). 14 of them have funded it in more than one year.
- How many funders does CENTER CITY HOUSING CORP have?
- IRS filings report 25 organizations giving $3,721,518 in grants to CENTER CITY HOUSING CORP, 14 of which have funded it in more than one year.
- Who is the largest funder of CENTER CITY HOUSING CORP?
- HEARTH CONNECTION is the largest funder on record, with $893,853 in grants. The full list of funders is on this page.
- How can an organization like CENTER CITY HOUSING CORP find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 25 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing