Build Wealth MN Inc
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.
Build Wealth MN Inc at a glance
In short: Build Wealth MN Inc gave $90K across 1 grant in 2024 (avg $90K), mostly in Minnesota. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $90,000
- Grants made (2024)
- 1
- Average grant
- $90,000
- Median grant
- $90,000
- Total assets
- $22,543,867
- +46.2% vs 2023
- Primary geography
- Minnesota (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Build Wealth MN Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Model Cities of St Paul Inc ($90K).
Grant Size Distribution
1 grant across all recorded years
The most common grant size was in the $50–100K range: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2024 it made 1 grant totaling $90K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Model Cities of St Paul Inc Saint Paul, MN | Equities Partnership | $90,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $22,543,867 | $8,314,688 | $3,676,753 | $90,000 | 1 | $751,185 |
| 2023 | $15,423,453 | $7,717,316 | $4,247,455 | — | — | $116,156 |
| 2022 | $11,576,662 | $8,653,347 | $4,083,420 | — | — | — |
| 2021 | $4,473,899 | $4,002,738 | $1,304,936 | — | — | — |
| 2020 | $1,984,836 | $1,521,895 | $1,204,284 | — | — | — |
About Build Wealth MN Inc
Based on IRS filings
Build Wealth MN Inc is a public charity 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 grant totaling $90K. Net investment income was $751K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Build Wealth MN Inc is led by David McGee, Executive Director since 2024 (on filings since 2020); 6 of 11 officers listed in 2024 are compensated.
Officers on the 2024 filing
David McGee
Executive Director
Executive Di → Executive Director, 2024
On filings since 2020
40 hrs/week
$137K (2020) → $498K (2024)
Monique Bulson-Bratton
Chair
Director → Chair, 2024
On filings since 2020
1 hr/week
No compensation reported
Demitri McGee
Youth Director
New on the 2024 filing
40 hrs/week
$113K (2024)
Jeffery Robinson
Senior Program Director
New on the 2024 filing
40 hrs/week
$131K (2024)
Regina McGee
Program Services Director
New on the 2024 filing
40 hrs/week
$139K (2024)
Franklin Stovall
Director
On filings since 2020
1 hr/week
No compensation reported
Loretta Smith
Director
On filings since 2022
1 hr/week
No compensation reported
DasJohn McGee
Spoo
New on the 2024 filing
40 hrs/week
$113K (2024)
Kylie Hong
Underwriting Manager
New on the 2024 filing
40 hrs/week
$127K (2024)
Rene Isuk
Treasurer
Director → Treasurer, 2024
On filings since 2022
1 hr/week
No compensation reported
Rochelle Washington
Secretary
Director → Secretary, 2024
On filings since 2022
1 hr/week
No compensation reported
Former officers (3)
- Former: Charles Shreffler (2020–2021) — Director
- Former: Kevin Rudolph (2020–2021) — Chair
- Former: David Oguamanam (2020) — Treasurer
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $498K, to David McGee (Executive Director). 6 officers or directors reported compensation on that filing.
Frequently asked questions about Build Wealth MN Inc
How much does Build Wealth MN Inc give each year?
Build Wealth MN Inc gave $90K across 1 grant in 2024, according to its 2024 IRS Form 990.
How large is Build Wealth MN Inc?
Build Wealth MN Inc reported $22.5M in total assets on its 2024 IRS Form 990. Its revenue that year was $8.3M.
What is Build Wealth MN Inc?
Build Wealth MN Inc is a public charity focused on Education, based in Minneapolis, MN. It holds $22.5M in total assets as of 2024.
Where does Build Wealth MN Inc operate?
Build Wealth MN Inc has awarded grants in Minnesota.
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.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS March 30, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Build Wealth MN Inc funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Build Wealth MN Inc's focus areas in our free grants database
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Build Wealth MN Inc down — hundreds of funders to go?