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Minnesota · Nonprofit

TRELLIS CO

TRELLIS CO (Minnesota) receives grants from 2 organizations whose IRS filings report $1,179 to it, the largest being THE JAMES R THORPE FOUNDATION ($1,000). 1 of them have funded it in more than one year.

Revenue FY2025
$37M
Funders on record
2
Grants received
$1k
Net assets
$103M
1/2 repeat funderspeak grant-dependency 0%
01What it does

What Trellis Co does

Mission

To provide, among other related purposes, decent housing that is affordable to low-income and moderate-income persons.

As stated on its FY2025 Form 990.

Program

  1. Community housing development corporation provides quality affordable housing to persons of low and moderate income. Hud section 8 subsidizes the rent provided certain income guidelines are met. The corporation owns 34 properties at december 31, 2025: 1 bossen terrace (diamond hill) minneapolis, mn 66 units 2 boxleitner (higher ground) minneapolis, mn 85 units 3 evergreen hutchinson, mn 62 units 4 hamline saint paul, mn 58 units 5 jefferson townhomes minneapolis, mn 5 units 6 lasalle apartments minneapolis, mn 63 units 7 new beginnings minneapolis, mn 4 units 8 ramsey hill saint paul, mn 54 units 9 redeemers arms saint paul, mn 151 units 10 slater square minneapolis, mn 163 units 11 veterans administration minneapolis, mn 140 units 12 willows apartments little falls, mn 56 units 13 woodland court apts park rapids, mn 80 units 14 zinsmaster minneapolis, mn 36 units 15 e flats lp minneapolis, mn 20 units 16 franklin lane apartments anoka, mn 66 units 17 chdc I lp minneapolis, mn 92 units 18 park plaza lp minneapolis, mn 134 units 19 longfellow lp minneapolis, mn 24 units 20 chdc buffalo lp buffalo, mn 48 units 21 chdc morrison lp minneapolis, mn 57 units 22 chdc elliot lp 23 east…

    $23,988,117 spent$26,972,923 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $23,988,117.

02The organization over time

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. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($28M) Expenses 100 ($20M) Net assets 100 ($6.9M)2018 Revenue 94 ($27M) Expenses 107 ($21M) Net assets 162 ($11M)2019 Revenue 117 ($33M) Expenses 118 ($23M) Net assets 315 ($22M)2020 Revenue 119 ($34M) Expenses 120 ($24M) Net assets 459 ($31M)2021 Revenue 147 ($42M) Expenses 126 ($25M) Net assets 695 ($48M)2022 Revenue 77 ($22M) Expenses 116 ($23M) Net assets 652 ($45M)2023 Revenue 130 ($37M) Expenses 123 ($24M) Net assets 859 ($59M)2024 Revenue 184 ($52M) Expenses 135 ($26M) Net assets 1252 ($86M)2025 Revenue 129 ($37M) Expenses 129 ($25M) Net assets 1498 ($103M)
'17'18'19'20'21'22'23'24'25
Revenue (129)Expenses (129)Net assets (1498)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 2024 to 2025, from $208M to $243M (+16%).

$113M
$128M
$141M
$153M
$174M
$176M
$187M
$208M
$243M
'17'18'19'20'21'22'23'24'25
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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 1% · 2018 1% · 2025 2%. Grants only. Government contracts and fees sit inside program revenue.

6% of TRELLIS CO’s revenue is contributions — about as donation-reliant as the typical peer (13% for the typical peer).

This organization
Typical peer · 881 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$8.9M
’17
$5.6M
’18
$10M
’19
$10M
’20
$17M
’21
−$761k
’22
$13M
’23
$26M
’24
$12M
’25
15
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

Elizabeth Flannery

President and CEO and chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed1010991111121311
Joined·+1+1+2+3+2+3+3+0
No longer listed·12212222
03Who funds it

Who funds it, year by year

2020 → 2023: the base held at 1 funder, grant income rose $20 → $54.

Funder
'20
'21
'22
'23
'25*
total
funders
1
1
1
1
1

1 of 2 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.

From the IRS filings of TRELLIS CO’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

TRELLIS CO leans on a few funders — its largest provides 85% 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

85%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2020 100% · 2021 100% · 2022 100% · 2023 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

100% of TRELLIS CO's grant income comes from Minnesota funders.

MN

Funder states come from each funder’s own filing. $179 arriving through sponsors registered in 1 state 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.

04Its place in the field

Against its field

TRELLIS CO runs a healthier operating margin than three-quarters of the 449 housing & shelter nonprofits its size.

Operating margin32% · top quartile
Months of reserve15.3mo · top quartile
Revenue growth (annualized)3% · bottom quartile

this organization peer median middle 50% of peers· 449 housing & shelter nonprofits $10M–$100M, FY2025

Organizations like TRELLIS CO

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

95% of spending goes to programs.

Program 95%Management 5%Fundraising 0%

Governance

5
board members
80%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

90%

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 88 related entities

  • Chdc Bossen LLC · disregarded
  • Chdc Zinmaster LLC · disregarded
  • Chdc Lasalle LLC · disregarded
  • Chdc Va LLC · disregarded
  • Chdc Hamline LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for TRELLIS CO: 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 TRELLIS CO?
TRELLIS CO (Minnesota) receives grants from 2 organizations whose IRS filings report $1,179 to it, the largest being THE JAMES R THORPE FOUNDATION ($1,000). 1 of them have funded it in more than one year.
How many funders does TRELLIS CO have?
IRS filings report 2 organizations giving $1,179 in grants to TRELLIS CO, 1 of which have funded it in more than one year.
Who is the largest funder of TRELLIS CO?
THE JAMES R THORPE FOUNDATION is the largest funder on record, with $1,000 in grants. The full list of funders is on this page.
How can an organization like TRELLIS CO 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 Trellis →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), 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