Skip to content

Minnesota · Nonprofit

GREATER FROGTOWN COMMUNITY DEVELOPMENT CORPORATION

GREATER FROGTOWN COMMUNITY DEVELOPMENT CORPORATION (Minnesota) receives grants from 2 organizations whose IRS filings report $424,833 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION ($374,833). 0 of them have funded it in more than one year.

Revenue FY2024
$231k
Funders on record
2
Grants received
$425k
Net assets
$2.6M
0/2 repeat funderspeak grant-dependency 15%
01What it does

What Greater Frogtown Community Development Corporation does

Mission

The purpose of the organization is to take a comprehensive approach to development. It will emphasize affordable housing development for low to moderate income residents and lead in economic development and community building activities. Greater Frogtown Community Development Corporation (gfcdc) is a non-profit community development corporation formed in 1995 to strengthen the neighborhoods it serves by developing and rehabilitating high quality affordable housing. Gfcdc primarily works in the frogtown neighborhood of the city of st. Paul.

As stated on its FY2024 Form 990.

Program

  1. For over 25 years, greater frogtown cdc has substantially renovated vacant homes and built new homes on vacant lots which we have sold to low-to-moderate income families, as defined by hud. Over that time, we have developed over 170 homes.

    $80,302 spent
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $80,302.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 100 ($325k) Expenses 100 ($384k) Net assets 100 ($202k)2019 Revenue 228 ($740k) Expenses 201 ($771k) Net assets 132 ($266k)2020 Revenue 170 ($553k) Expenses 140 ($537k) Net assets 222 ($447k)2021 Revenue 115 ($375k) Expenses 102 ($393k) Net assets 94 ($190k)2022 Revenue 57 ($186k) Expenses 59 ($225k) Net assets 1251 ($2.5M)2023 Revenue 0 ($0) Expenses 21 ($80k) Net assets 1211 ($2.4M)2024 Revenue 71 ($231k) Expenses 21 ($80k) Net assets 1285 ($2.6M)
2018201920202021202220232024
Revenue (71)Expenses (21)Net assets (1285)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $510k to $2.8M (+458%).

$860k
$865k
$1.2M
$510k
$2.8M
$3.0M
$2.7M
2018201920202021202220232024
Total assetsTotal liabilities

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.

2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 12% · 2021 43% · 2024 171%. Grants only. Government contracts and fees sit inside program revenue.

496% of GREATER FROGTOWN COMMUNITY DEVELOPMENT CORPORATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (73% for the typical peer).

This organization
Typical peer · 1,446 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 7 reported years ran a deficit.

−$59k
’18
−$31k
’19
$16k
’20
−$18k
’21
−$38k
’22
−$80k
’23
$150k
’24
352
months of
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

Jason Peterson

Executive director

As listed on its FY2024 Form 990.

2018201920202021202220232024
Listed16202117181822
Joined·+9+5+1+2+3+4
No longer listed·545130
03Who funds it

Who funds it, year by year

2017 → 2018: the base held at 1 funder, grant income fell $375k → $50k.

Funder
'17
'18
total
funders
1
1

From the IRS filings of GREATER FROGTOWN COMMUNITY DEVELOPMENT CORPORATION’s funders (the co-funder graph). 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

GREATER FROGTOWN COMMUNITY DEVELOPMENT CORPORATION leans on a few funders — its largest provides 88% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% 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 GREATER FROGTOWN COMMUNITY DEVELOPMENT CORPORATION.

88%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% — broadly stable.

“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.

Where its funders are

GREATER FROGTOWN COMMUNITY DEVELOPMENT CORPORATION draws 88% of its grant income from funders outside Minnesota, across 2 states in all.

MN
DC

In-state vs out-of-state, by year

’17
’18
Minnesota out of state home

Funder states come from each funder’s own filing. 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.

04Its place in the field

Against its field

GREATER FROGTOWN COMMUNITY DEVELOPMENT CORPORATION runs a healthier operating margin than three-quarters of the 1,356 unclassified nonprofits its size.

Operating margin65% · top quartile
Months of reserve351.8mo · outside the comparable range
Revenue growth (annualized)−6% · bottom quartile

this organization peer median middle 50% of peers· 1,356 unclassified nonprofits $100k–$1M, FY2024

Organizations like GREATER FROGTOWN COMMUNITY DEVELOPMENT CORPORATION

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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

16
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

96%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MN

Part of a family of 3 related entities

  • Community Neighborhood Housing Services · exempt
  • Frogtown Development LLC · partnership
  • Nedu LLC · partnership

Screen this organization

A dated, signed PDF of the compliance screen for GREATER FROGTOWN COMMUNITY DEVELOPMENT CORPORATION: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 GREATER FROGTOWN COMMUNITY DEVELOPMENT CORPORATION?
GREATER FROGTOWN COMMUNITY DEVELOPMENT CORPORATION (Minnesota) receives grants from 2 organizations whose IRS filings report $424,833 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION ($374,833). 0 of them have funded it in more than one year.
How many funders does GREATER FROGTOWN COMMUNITY DEVELOPMENT CORPORATION have?
IRS filings report 2 organizations giving $424,833 in grants to GREATER FROGTOWN COMMUNITY DEVELOPMENT CORPORATION.
Who is the largest funder of GREATER FROGTOWN COMMUNITY DEVELOPMENT CORPORATION?
NEIGHBORHOOD REINVESTMENT CORPORATION is the largest funder on record, with $374,833 in grants. The full list of funders is on this page.
How can an organization like GREATER FROGTOWN COMMUNITY DEVELOPMENT CORPORATION 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.

Play a game about who funds Greater Frogtown Community Development →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 2 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