GREATER MINNESOTA HOUSING FUND
332 MINNESOTA STREET NO 1650W, ST PAUL, MN 55101 www.gmhf.com

Total Revenue
$5,924,189
Total Expenses
$7,155,121
Net Assets
$83,188,750

Organizations Filed Purposes: SUPPORTING THE CREATION AND PRESERVATION OF AFFORDABLE HOUSING IN GREATER MINNESOTA.

AFFORDABLE HOUSING LENDING: GREATER MINNESOTA HOUSING FUND (GMHF) OPERATES A REVOLVING LOAN FUND AND ANNUALLY PROVIDES BETWEEN $10 MILLION AND $40 MILLION IN A VARIETY OF LOANS TO ASSIST AFFORDABLE HOUSING DEVELOPMENT ORGANIZATIONS CREATE OR PRESERVE BETWEEN 500 AND 900 PERMANENTLY AFFORDABLE MULTIFAMILY AND SINGLE-FAMILY HOMES ANNUALLY. GMHF PROVIDES LOW-COST LOANS FOR PLANNING AND PREDEVELOPMENT, SITE ACQUISITION, CONSTRUCTION, REHABILITATION, TAX INCREMENT AND EQUITY-BRIDGE FINANCING, FIRST MORTGAGE LOANS, AND WORKING CAPITAL ENTERPRISE LEVEL LOANS FOR QUALIFIED AFFORDABLE HOUSING DEVELOPMENT ORGANIZATIONS. THESE LOANS ENSURE AFFORDABLE HOUSING DEVELOPERS HAVE THE CAPITAL NECESSARY TO UNDERTAKE HIGH-PRIORITY MULTIFAMILY AND SINGLE-FAMILY AFFORDABLE HOUSING REAL ESTATE DEVELOPMENTS IN COMMUNITIES THROUGHOUT MINNESOTA.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Warren HansonPRESIDENT/CEO40$291,697
Rebecca MartinCOO40$264,096
Tom CroninCFO40$229,674
John ErrigoDIRECTOR OF SYNDICATION40$154,981
Deborah FlanneryDIRECTOR OF LENDING40$136,700
John RockerNOAH IMPACT FUND MANAGER40$123,779
Richard RoeslerDIRECTOR2$2,400
Mark VoxlandDIRECTOR2$2,300
Stephanie KlinzingDIRECTOR2$2,250
Stephanie CummingsSECRETARY/TREASURER2$1,800
Barbara SandersonDIRECTOR2$1,750
Nancy VyskocilVICE CHAIR2$1,750
Dale RoemmichDIRECTOR2$800
Rosy HjermstadDIRECTOR2$600
James SolemDIRECTOR2$550
Cheryl KeyDIRECTOR2$50
George StoneDIRECTOR2$0
Emily LarsonDIRECTOR2$0
Joseph ErrigoDIRECTOR2$0
Jane BarrettDIRECTOR2$0
Kim BretheimCHAIR2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202041889349302174_public.xml