Build Wealth MN's (BWMN) mission is to empower underserved communities and populations in the Twin Cities metro area to achieve social and economic wealth through community, economic, and housing development.
Key facts about Build Wealth MN Inc
- EIN
- 25-1918239
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $90,000
- Grants made (2024)
- 1
- Average grant
- $90,000
- Median grant
- $90,000
- Total assets
- $22,543,867
- Primary geography
- Minnesota (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$22.5M
+46.2% YoY
Annual Giving
$90K
Grant Count
1
Avg Grant Size
$90K
About Build Wealth MN Inc
Based on IRS filings
Build Wealth MN Inc is a nonprofit organization focused on Education, based in MINNEAPOLIS, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $22.5M in total assets. In 2024, it awarded 1 grants totaling $90K. Net investment income was $751K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $22,543,867 | $15,423,453 | $11,576,662 |
| Revenue | $8,314,688 | $7,717,316 | $8,653,347 |
| Expenses | $3,676,753 | $4,247,455 | $4,083,420 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $751,185 | $116,156 | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Model Cities of St Paul Inc ($90,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Model Cities of St Paul Inc Saint Paul, MN | Equities Partnership | $90,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Franklin Stovall | Director | 1 | — |
| Loretta Smith | Director | 1 | — |
| Rene Isuk | Treasurer | 1 | — |
| Rochelle Washington | Secretary | 1 | — |
| Monique Bulson-Bratton | Chair | 1 | — |
| David McGee | Executive Director | 40 | $497,614 |
| Regina McGee | Program Services Director | 40 | $138,516 |
| Jeffery Robinson | Senior Program Director | 40 | $130,747 |
| Kylie Hong | Underwriting Manager | 40 | $126,706 |
| DasJohn McGee | SPOO | 40 | $113,437 |
| Demitri McGee | Youth Director | 40 | $112,610 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Build Wealth MN Inc?
Build Wealth MN Inc is a nonprofit organization focused on Education, based in MINNEAPOLIS, MN. It holds $22.5M in total assets as of 2024.
How large is Build Wealth MN Inc?
As of 2024, Build Wealth MN Inc holds $22.5M in total assets with $8.3M in annual revenue. It awarded 1 grants totaling $90K in 2024.
Where does Build Wealth MN Inc operate?
Build Wealth MN Inc has awarded grants in Minnesota.
What size grants does Build Wealth MN Inc award?
In 2024, Build Wealth MN Inc awarded 1 grants totaling $90K — an average of about $90K per grant, based on its IRS Form 990 filings.
What is Build Wealth MN Inc's EIN?
Build Wealth MN Inc's EIN (Employer Identification Number) is 25-1918239. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Build Wealth MN Inc's focus areas in our free grants database
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.