Greater Minnesota Housing Fund
Greater Minnesota Housing Fund (GMHF) is based in St. Paul, Minnesota. Its filing type is Form 990 (a public charity). GMHF describes itself as a nonprofit housing intermediary and a certified Community Development Financial Institution (CDFI) focused on creating and preserving affordable housing in Minnesota.
Greater Minnesota Housing Fund at a glance
In short: Greater Minnesota Housing Fund gave $1.9M across 32 grants in 2024 (avg $58K), mostly in Minnesota. 71% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $1,871,366
- +46.3% vs 2023
- Grants made (2024)
- 32
- +14.3% vs 2023
- Average grant
- $58,480
- +28.0% vs 2023
- Median grant
- $42,500
- Total assets
- $302,777,264
- +28.0% vs 2023
- New grantees (estimate)
- 71% first-time grantees (22 of 31, 2024)
- Primary geography
- Minnesota (88% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Greater Minnesota Housing Fund
- Contact
Mailing address: 2550 University Ave W 201-S, St Paul, MN 55114
Phone: (651) 221-1997
Website: https://gmhf.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
2 open opportunities from Greater Minnesota Housing Fund
GMHF Partner Organization Grants (FHLB Des Moines Match Program)
Greater Minnesota Housing Fund
Amount
$1,000,000 (total; individual grants vary)
Deadline
Deadline not published
NOAH Impact Fund
Greater Minnesota Housing Fund
Amount
$25,000,000
Deadline
Deadline not published
Who Greater Minnesota Housing Fund funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Housing Justice Center ($375K). Together the top 10 received $1.3M.
Grant Size Distribution
121 grants across all recorded years
The most common grant size was under $50K: 70 grants of 121 (58%).
Geographic Focus
Where this funder awards grants
GMHF says it works throughout Minnesota, with emphasis on regional population centers, job-growth communities, underserved rural communities, and Tribal nations. Its 2024 grant dollars went primarily to Minnesota recipients, which accounted for 88% of the total; the remaining reported shares were New York, Florida, and Utah at 3% each, and Washington, D.C., at 2%.
Grant Distribution by State
Share of 2024 grant dollars across all 32 itemized grants.
Cities
Is Greater Minnesota Housing Fund open to new grantees?
71%
first-time grantees, 2024
In 2024, 22 of 31 grantees (71%) were first-time recipients. First grants averaged $44K; repeat grants $102K. How we count
Medians: $45K first-time, $40K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $571K (2020) to $1.9M (2024). In 2024 it made 32 grants totaling $1.9M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Housing Justice Center Saint Paul, MN | Funding for regional kitchen table led by people with lived experience facing housing instability | $375,000 |
| American Indian Community Housing Organization Duluth, MN | Funding for regional kitchen table led by people with lived experience facing housing instability | $187,500 |
| Engage Winona Winona, MN | Funding for regional kitchen table led by people with lived experience facing housing instability | $187,500 |
| Minnesota Housing Partnership Saint Paul, MN | Costs associated with local housing trust fund technical assistance, promotion of new state tax credit contribution fund, housing institutes round 9, and policy development | $155,000 |
| Divine Konnections Inc Duluth, MN | Predevelopment costs for development of affordable owner occupied duplex at 2008-20016 w 4th st in duluth | $50,000 |
| Face to Face Health and Counseling Saint Paul, MN | Predevelopment costs for development of 1170 arcade street in saint paul | $50,000 |
| Hidalgo Investments Miami, FL | Predevelopment costs for development of 150 central avenue in long prairie | $50,000 |
| Leech Lake Financial Services Cass Lake, MN | Predevelopment costs for creation of 20 single family homes in Cass, Itasca, Hubbard, and Beltrami counties | $50,000 |
| Life Community Development Corporation Rochester, MN | Predevelopment costs for development of life community affordable housing in rochester | $50,000 |
| Minnesota Homeownership Center Saint Paul, MN | Support mhc four strategies to advance quity in homeownership in 2025 | $50,000 |
Ready to take the next step with Greater Minnesota Housing Fund?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $302,777,264 | $40,328,548 | $17,741,215 | $1,871,366 | 32 | $617,319 |
| 2023 | $236,535,724 | $21,142,915 | $10,679,953 | $1,279,500 | 28 | $1,905,083 |
| 2022 | $217,893,047 | $25,043,112 | $12,440,295 | $1,406,700 | 26 | $1,350,772 |
| 2021 | $209,115,546 | $19,170,053 | $8,877,055 | $619,903 | 15 | $912,382 |
| 2020 | $158,889,987 | $16,987,939 | $7,423,519 | $571,205 | 20 | $1,362,165 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
GMHF’s mission is to support the development of strong communities and affordable homes for all Minnesotans through access to low-cost capital, effective partnerships, and innovative solutions to local housing needs.
Its work includes lending for planning, predevelopment, acquisition, construction, rehabilitation, and other affordable housing needs, as well as grants and technical assistance. Programs described by GMHF include support for emerging developers, housing and health partnerships, rural and Tribal housing capacity building, green lending, and preservation of naturally occurring affordable housing. The Rural and Tribal Capacity Building Program serves rural and Tribal communities, local governments, and nonprofit and private developers with technical assistance, resource coordination, advocacy, and financial resources.
GMHF’s 2024 grantees included organizations working in housing advocacy, community development, housing services, and economic development. For example, Housing Justice Center describes its mission as preserving and expanding affordable housing for low-income individuals and families. Minnesota Housing Partnership says it works collaboratively to promote systems change and grow development capacity. Engage Winona describes its work as strengthening communities through dialogue, support, and training.
Grantmaking
In filing year 2024, GMHF reported 32 grants totaling $1,871,366. Grant amounts ranged from $6,500 to $375,000, with a median grant of $42,500. Examples include $375,000 to Housing Justice Center and $187,500 each to American Indian Community Housing Organization and Engage Winona, all for a regional “Kitchen Table” led by people with lived experience facing housing instability. GMHF also awarded $155,000 to Minnesota Housing Partnership for local housing trust fund technical assistance, promotion of a state tax-credit contribution fund, housing institutes, and policy development.
Other reported 2024 grants included $50,000 each to Divine Konnections for predevelopment costs for an affordable owner-occupied duplex in Duluth, Leech Lake Financial Services for predevelopment costs for single-family homes in four counties, and Minnesota Homeownership Center to support strategies advancing equity in homeownership.
The filing states that GMHF generally requires grantees to submit annual written reports on the use of grant funds during the grant term, which is generally one year. GMHF also provides loans and other financing; its website describes lending products and directs prospective borrowers to loan-product and borrowing-process resources.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Stephanie Cummings as board chair; Todd Prafke as board vice chair; Cheryl Key as board secretary and treasurer; and Mitchell Berg, Kim Bretheim, Joseph Errigo, Rosymar Hjermstad, Natalie Jones, Stephanie Klinzing, and Angela Larson as directors.
Greater Minnesota Housing Fund is led by Andrea Brennan, President & CEO Beginning since 2024 (on filings since 2023); 8 of 23 officers listed in 2024 are compensated.
Officers on the 2024 filing
Andrea Brennan
President & CEO Beginning
President & CEO Beginning June → President & CEO Beginning, 2024
On filings since 2023
40 hrs/week
$162K (2023) → $309K (2024)
Stephanie Cummings
Board Chair
Secretary & Treasurer → Vice Chair, 2021
Vice Chair → Board Chair, 2024
On filings since 2020
2 hrs/week
$1K (2020) → $0 (2024)
John Errigo
Managing Director of Equity Investing
Director of Syndication → Managing Director of Equity Investing, 2023
On filings since 2020
40 hrs/week
$170K (2020) → $228K (2024)
John Rocker
Managing Director of Lending
Noah Impact Fund Manager → Director of Lending, 2022
Director of Lending → Managing Director of Lending, 2023
On filings since 2020
40 hrs/week
$140K (2020) → $206K (2024)
Angela Larson
Director
On filings since 2020
2 hrs/week
$400 (2020) → $0 (2024)
Nancy Vyskocil
Director
Chair → Director, 2024
On filings since 2020
2 hrs/week
$2K (2020) → $0 (2024)
Stephanie Klinzing
Director
On filings since 2020
2 hrs/week
$2K (2020) → $0 (2024)
Patrick Ness
Heading Home Minnesota Funders Collaborative Director
Hhmfc Executive Director → Heading Home Minnesota Funders Collaborative Director, 2022
On filings since 2021
40 hrs/week
$114K (2021) → $126K (2024)
Eric Muschler
Director of Housing & Health Equity
Director Housing & Helath Equity → Director Housing & Health Equity, 2023
Director Housing & Health Equity → Director of Housing & Health Equity, 2024
On filings since 2022
40 hrs/week
$138K (2022) → $146K (2024)
Dale Roemmich
Director
On filings since 2020
2 hrs/week
No compensation reported
Joseph Errigo
Director
Vice Chair → Secretary & Treasurer, 2021
Secretary & Treasurer → Director, 2023
On filings since 2020
2 hrs/week
No compensation reported
Kim Bretheim
Director
On filings since 2020
2 hrs/week
No compensation reported
Mitchell Berg
Director
On filings since 2021
2 hrs/week
No compensation reported
Natalie Jones
Director
On filings since 2021
2 hrs/week
No compensation reported
Char Roberts
Director
On filings since 2023
2 hrs/week
No compensation reported
Jennifer Mendoza
Director
On filings since 2023
2 hrs/week
No compensation reported
Jorge Prince
Director
New on the 2024 filing
2 hrs/week
No compensation reported
Rosymar Hjermstad
Director
New on the 2024 filing
2 hrs/week
No compensation reported
Barbara Sporlein
Chief Operating Officer
COO → Chief Operating Officer, 2024
On filings since 2023
40 hrs/week
$225K (2023) → $219K (2024)
Kyle Larson
Chief Financial Officer
CFO Beginning July → Chief Financial Officer, 2024
On filings since 2023
40 hrs/week
$103K (2023) → $235K (2024)
Matthew Holland
Controller
New on the 2024 filing
40 hrs/week
$132K (2024)
Cheryl Key
Board Secretary & Treasurer
Director → Board Secretary & Treasurer, 2024
On filings since 2020
2 hrs/week
No compensation reported
Todd Prafke
Board Vice Chair
Director → Board Vice Chair, 2024
On filings since 2020
2 hrs/week
No compensation reported
Former officers (14)
- Former: Rosy Hjermstad (2020–2023) — Director
- Former: Warren W. Hanson (2020–2023) — President & CEO
- Former: Mohamed Omar (2021–2023) — CFO
- Former: Catherine McCarthy (2023) — Director of Capital Development
- Former: Emily Larson (2020–2022) — Director
- Former: Jane Barrett (2020–2022) — Director
- Former: Rebecca Martin (2020–2022) — COO
- Former: Richard Roesler (2020–2022) — Director
- Former: Miranda Walker (2020–2021) — Senior Loan Officer
- Former: Barbara Sanderson (2020) — Director
- Former: Deborah Flannery (2020) — Director of Lending
- Former: James Solem (2020) — Director
- Former: Mark Voxland (2020) — Director
- Former: Tom Cronin (2020) — CFO
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 $309K, to Andrea Brennan (President/CEO Beginning). 8 officers or directors reported compensation on that filing.
Frequently asked questions about Greater Minnesota Housing Fund
How much does Greater Minnesota Housing Fund give each year?
Greater Minnesota Housing Fund gave $1.9M across 32 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $1.3M across 28 grants.
What is Greater Minnesota Housing Fund's typical grant size?
Greater Minnesota Housing Fund's median grant in 2024 was $42,500, and its average grant was $58,480, across 32 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Greater Minnesota Housing Fund that year got $44K on average.
Where does Greater Minnesota Housing Fund give grants?
Greater Minnesota Housing Fund gives mostly in Minnesota: 88% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Saint Paul, MN (11 grants), Minneapolis, MN (5 grants), Duluth, MN (3 grants) and Winona, MN (2 grants).
Does Greater Minnesota Housing Fund give general operating support?
Not in 2024: none of the 32 grants with a stated purpose on Greater Minnesota Housing Fund's 2024 IRS Form 990 were described as general or operating support.
Who are Greater Minnesota Housing Fund's largest grantees?
Greater Minnesota Housing Fund's largest 2024 grantees include Housing Justice Center ($375,000), Engage Winona ($232,500 across 2 grants) and American Indian Community Housing Organization ($187,500), according to its 2024 IRS Form 990. Together they received 42% of its itemized 2024 grant dollars.
How large is Greater Minnesota Housing Fund?
Greater Minnesota Housing Fund reported $302.8M in total assets on its 2024 IRS Form 990. Its revenue that year was $40.3M.
What does Greater Minnesota Housing Fund fund?
GMHF’s mission is to support the development of strong communities and affordable homes for all Minnesotans through access to low-cost capital, effective partnerships, and innovative solutions to local housing needs. See mission & focus areas ↑
How do I apply for a grant from Greater Minnesota Housing Fund?
Greater Minnesota Housing Fund has no public application process in the sources Grantable reviewed. Check gmhf.com for current guidelines, or contact the foundation directly before submitting a request.
What is Greater Minnesota Housing Fund's EIN?
Greater Minnesota Housing Fund's EIN (Employer Identification Number) is 41-1836919. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 10, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 18, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 6, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 11, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS October 16, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Greater Minnesota Housing Fund funds
Housing & Shelter Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Greater Minnesota Housing Fund's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Greater Minnesota Housing Fund funder profile. GrantGraph. Retrieved October 20, 2026, from https://grantable.co/funders/greater-minnesota-housing-fund-morg_6fbba118d4f04eb283af9f0c168b25e3
BibTeX
@misc{grantable_411836919_2026,
author = {{Grantable}},
title = {{Greater Minnesota Housing Fund funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/greater-minnesota-housing-fund-morg_6fbba118d4f04eb283af9f0c168b25e3},
note = {Accessed 2026-10-20. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Greater Minnesota Housing Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Greater Minnesota Housing Fund down — hundreds of funders to go?