Minnesota · Nonprofit
TWIN CITIES HOUSING DEVELOPMENT CORPORATION
TWIN CITIES HOUSING DEVELOPMENT CORPORATION (Minnesota) receives grants from 2 organizations whose IRS filings report $17,500 to it, the largest being WCA FOUNDATION ($10,000). 0 of them have funded it in more than one year.
- Revenue FY2024
- $8.4M
- Funders on record
- 2
- Grants received
- $18k
- Net assets
- $14M
What Twin Cities Housing Development Corporation does
Mission
Twin Cities Housing Development Corporation's (tchdc) mission is to provide quality affordable housing for low and moderate income persons which is respectful of the communities in which the housing is located.
As stated on its FY2024 Form 990.
Program
Tchdc has one program, which is the development, operation and ownership of affordable rental housing. During 2023 tchdc oversaw the ownership of 21 properties with a total of 1059 units located in the metro area and in owatonna. In february 2023 tchdc refinanced brandt jens kluge limited partnership (d/b/a 653 artist lofts) and completed significant exterior capital improvements. In april 2023 tchdc closed on the permanent financing and mhfa housing infrastructure bonds (hib) for the substantial rehabilitation of parkview townhomes, a property acquired in 2019. Construction commenced immediately, continued throughout 2023 and will be complete in 2024. Our work on selby wilkins, lllp which is the substantial rehabilitation of 53 units of affordable housing, including the creation of 8 new 2 bedroom units, continued and is expected to be completed in 2024. In 2023 tchdc bought out the 20% interest of our co-general partner and is now the sole general partner of calibre ridge limited partnership. During 2023 we completed the occupancy related construction and substantial rehabilitation of the maplewood gardens development which is a 29 unit 100% section 8 property and expect to…
$5,606,304 spentof which $203 as grants$5,380,880 earned by the program100% of program spending
The program described on its FY2023 Form 990. Program spending in total: $5,606,304.
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.
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 $30M to $44M (+47%).
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 11% · 2018 3% · 2019 2% · 2020 4% · 2021 17% · 2022 0% · 2023 1% · 2024 25%. Grants only. Government contracts and fees sit inside program revenue.
25% of TWIN CITIES HOUSING DEVELOPMENT CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (39% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 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
Barbara M Mcquillan
Executive director
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2018: the base held at 1 funder, grant income fell $10k → $8k.
From the IRS filings of TWIN CITIES HOUSING 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
TWIN CITIES HOUSING DEVELOPMENT CORPORATION leans on a few funders — its largest provides 57% 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
43% 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 TWIN CITIES HOUSING DEVELOPMENT CORPORATION.
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
100% of TWIN CITIES HOUSING DEVELOPMENT CORPORATION's grant income comes from Minnesota funders.
In-state vs out-of-state, by year
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.
Against its field
TWIN CITIES HOUSING DEVELOPMENT CORPORATION holds deeper cash reserves than three-quarters of the 3,973 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 3,973 housing & shelter nonprofits $1M–$10M, FY2024
Government funding TWIN CITIES HOUSING DEVELOPMENT CORPORATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $240k on record.
- Department of Housing and Urban Development$240k
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 TWIN CITIES HOUSING 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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
97% of spending goes to programs.
Governance
Public support
69%
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 48 related entities
- Tchdc Bjk LLC · disregarded
- Tchdc Calibre Ridge LLC · disregarded
- Tchdc Capitol City LLC · disregarded
- Tchdc East Side Commons LLC · disregarded
- Tchdc Hickory Ridge LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for TWIN CITIES HOUSING 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.
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 TWIN CITIES HOUSING DEVELOPMENT CORPORATION?
- TWIN CITIES HOUSING DEVELOPMENT CORPORATION (Minnesota) receives grants from 2 organizations whose IRS filings report $17,500 to it, the largest being WCA FOUNDATION ($10,000). 0 of them have funded it in more than one year.
- How many funders does TWIN CITIES HOUSING DEVELOPMENT CORPORATION have?
- IRS filings report 2 organizations giving $17,500 in grants to TWIN CITIES HOUSING DEVELOPMENT CORPORATION.
- Who is the largest funder of TWIN CITIES HOUSING DEVELOPMENT CORPORATION?
- WCA FOUNDATION is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
- How can an organization like TWIN CITIES HOUSING 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 Twin Cities Housing Development →
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 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