COMMUNITYWORKS NORTH DAKOTA
200 1st AVENUE NW, MANDAN, ND 58554 www.communityworksnd.org

Total Revenue
$1,014,476
Total Expenses
$776,630
Net Assets
$8,779,465

Organizations Filed Purposes: PROVIDING AFFORDABLE HOUSING & DEVELOPMENT OPPORTUNITIES TO REVITALIZE COMMUNITIES & IMPROVE THE STANDARD OF LIVING & QUALITY OF LIFE FOR NORTH DAKOTANS. PROVIDE LOW INTEREST LOANS FOR EMERGENCY HOME REPAIRS, MORTGAGE ASSISTANCE, 1ST MORTGAGE LOANS, & CONSTRUCTION LOANS.

REVOLVING LOAN PROGRAM - PROVIDES AFFORDABLE LOANS, WITH TERMS BASED ON THE BORROWER'S CAPACITY TO REPAY, FOR DOWN PAYMENT AND CLOSING COST ASSISTANCE, REHABILITATION LOANS, LOANS FOR EMERGENCY REPAIRS, AND OTHER MORTGAGE ASSISTANCE, INCLUDING CONSTRUCTION AND FIRST MORTGAGE LOANS. IN 2020, 56 MORTGAGE LOANS TOTALLING $1,790,485 WERE AWARDED. ONE LOAN FOR FINANCING DEVELOPMENT OF AFFORDABLE HOUSING WAS CLOSED IN 2020 TOTALING $387,645 FOR 91 NEW HOUSING UNITS. CLIENT FEES AND LOAN INTEREST ARE USED TO ADMINISTER THE PROGRAM IN ADDITION TO GRANTS AND CONTRIBUTIONS.HOUSING EDUCATION AND DEVELOPMENT - CWND HELPED FACILITATE OR PROVIDED HOMEBUYER EDUCATION, REQUIRED BY SOME FINANCE/FUNDING SOURCES, TO 20 PROSPECTIVE HOMEOWNERS.

HOUSING DEVELOPMENT - CWND constructs, acquires, rehabilitates and operates multi-family affordable housing units throughout North Dakota. During 2020 CWND was awarded 4% tax credits to acquire 1 property with 85 existing units which will be expanded to 120 units of affordable housing.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Brent EkstromExecutive Direc30$82,416
Royce SchultzeDirector1$0
Darby SchlichenmayerDirector1$0
Rob KnollDirector1$0
Clayton HoffmanDirector1$0
David RogstadDirector1$0
Chris BaumgartnerDirector1$0
Richard BartaDirector1$0
Jennifer HendersonDirector1$0
Dwight BardenTreasurer2$0
Myra SavelkoulDirector1$0
Jessica ThomassonSecretary2$0
Sandy RetterathVice President2$0
Dawn AanderudDirector1$0
Mike RemboldtPresident2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202140439349301009_public.xml