Midwest Minnesota Community Development Corporation
Midwest Minnesota Community Development (MMCDC) is a Detroit Lakes, Minnesota–based public charity and nonprofit Community Development Financial Institution that provides lending, housing, business, and community development services. Its website describes work across Minnesota and the Upper Midwest, and says its financing and real estate activities also extend to North Dakota, South Dakota, and Wyoming.
Midwest Minnesota Community Development Corporation at a glance
In short: Midwest Minnesota Community Development Corporation gave $793K across 16 grants in 2024 (avg $50K), mostly in Minnesota. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $793,000
- +462.5% vs 2023
- Grants made (2024)
- 16
- +300.0% vs 2023
- Average grant
- $49,563
- +40.6% vs 2023
- Median grant
- $45,000
- Total assets
- $105,429,607
- +29.6% 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.
How to apply to Midwest Minnesota Community Development Corporation
- Contact
Mailing address: 119 Graystone Plaza Suite 100, Detroit Lakes, MN 56501-3034
Phone: (218) 847-3191
Website: https://mmcdc.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Midwest Minnesota Community Development Corporation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was City of Perham ($100K). Together the top 10 received $663K.
Grant Size Distribution
35 grants across all recorded years
The most common grant size was under $50K: 21 grants of 35 (60%).
Geographic Focus
Where this funder awards grants
MMCDC’s website says it provides lending, housing, and community development services throughout Minnesota and the Upper Midwest, with financing and real estate work also described in North Dakota, South Dakota, and Wyoming. Its 2024 reported grants were all made to Minnesota recipients.
Grant Distribution by State
Share of 2024 grant dollars across all 16 itemized grants.
States
Cities
How Midwest Minnesota Community Development Corporation gives
- Giving grew 543% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $123K (2021) to $793K (2024). In 2024 it made 16 grants totaling $793K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| City of Perham Perham, MN | NMTC | $100,000 |
| MN CDFI Coalition Minneapolis, MN | Fiscal Sponsorship | $98,000 |
| Build Wealth MN Inc Minneapolis, MN | DPA Capacity Grant | $75,000 |
| Community Neighborhood Housing Services Saint Paul, MN | DPA Capacity Grant | $75,000 |
| White Earth Investmnet Initiative Ogema, MN | Operating Fund | $55,000 |
| Project for Pride in Living Inc Minneapolis, MN | DPA Capacity Grant | $50,000 |
| TCHFH Lending Inc Saint Paul, MN | DPA Capacity Grant | $50,000 |
| Three Rivers Community Action Zumbrota, MN | DPA Capacity Grant | $50,000 |
| White Earth Investmnet Initiative Ogema, MN | IRS Vita Tax Site | $40,000 |
| PRG Inc Minneapolis, MN | DPA Capacity Grant | $40,000 |
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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 | $105,429,607 | $25,316,666 | $16,636,513 | $793,000 | 16 | $334,892 |
| 2023 | $81,350,440 | $6,717,967 | $5,081,680 | $140,985 | 4 | $258,864 |
| 2022 | $79,318,282 | $6,318,095 | $5,398,526 | $153,333 | 5 | $51,765 |
| 2021 | $81,373,559 | $8,284,111 | $5,228,981 | $123,333 | 5 | $62,239 |
| 2020 | $76,745,783 | $8,562,276 | $5,754,024 | $153,551 | 5 | $44,253 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
MMCDC’s stated mission is to assist communities and individuals in achieving a better quality of life. Its website describes commercial loans for for-profit and nonprofit enterprises, mortgage lending, affordable rental housing, housing development, and New Markets Tax Credit financing. Its New Markets Tax Credit allocations are intended primarily for qualified areas of Minnesota, North Dakota, South Dakota, and Wyoming.
In its 2024 filing, MMCDC reported providing 166 first-time homebuyer mortgage loans and 160 additional down-payment assistance loans to low-income people and places. It also reported $5,109,460 in commercial and New Markets Tax Credit loans, and managing 278 rental units. These are program activities, not grants to outside applicants.
The 2024 grants included support for organizations whose stated work includes homeownership education, advising, and lending. For example, Community Neighborhood Housing Services says its mission is to help people buy, fix, and keep their homes; Build Wealth MN says it works to advance social and economic wealth through community, economic, and housing development; and TCHFH Lending says it helps people underserved by traditional mortgage providers attain homeownership. Other grantees describe work in affordable housing, resident services, career readiness, community development, and meeting basic human needs.
Grantmaking
In filing year 2024, MMCDC reported 16 grants totaling $793,000. Grant amounts ranged from $20,000 to $100,000, with a median of $45,000. All reported grant dollars went to recipients in Minnesota.
Notable 2024 grants included $100,000 to the City of Perham for NMTC; $98,000 to the MN CDFI Coalition for fiscal sponsorship; and down-payment assistance capacity grants of $75,000 each to Build Wealth MN and Community Neighborhood Housing Services. Other listed grants included $55,000 to White Earth Investment Initiative for operating funds, $50,000 each to Project for Pride in Living, TCHFH Lending, and Three Rivers Community Action for down-payment assistance capacity, and $40,000 to PRG for down-payment assistance capacity.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Gary Thibert as chair, Lori Guenther as vice chair, Jeff Haukebo as treasurer, and Breanna Adams as secretary. It also lists Paul Ihle, Jim Dagg, Lester Liljedahl, Lisa Weber, Mark Finstad, and Monica Hedstrom as directors.
Midwest Minnesota Community Development Corporation is led by Julia Nelmark, President on every filing since 2020; all 19 officers listed in 2024 are compensated.
Officers on the 2024 filing
Julia Nelmark
President
On filings since 2020
50 hrs/week
$373K (2020) → $358K (2024)
Gary Thibert
Chair
Vice Chair → Chair, 2023
On filings since 2020
2 hrs/week
$5K (2020) → $6K (2024)
Jim Dagg
Director
On filings since 2020
2 hrs/week
$6K (2020) → $5K (2024)
Lester Liljedahl
Director
On filings since 2020
2 hrs/week
$6K (2020) → $5K (2024)
Paul Ihle
Director
Chair → Director, 2023
On filings since 2020
2 hrs/week
$6K (2020) → $13K (2024)
Laura McKnight
Director of Housing
On filings since 2021
45 hrs/week
$113K (2021) → $113K (2024)
Lisa Weber
Director
On filings since 2021
2 hrs/week
$3K (2021) → $5K (2024)
Maria Lindstrom
Director
On filings since 2023
2 hrs/week
$5K (2023) → $5K (2024)
Mark Finstad
Director
On filings since 2023
2 hrs/week
$4K (2023) → $4K (2024)
Melinda Iverson
Director
On filings since 2023
2 hrs/week
$3K (2023) → $5K (2024)
Monica Hedstrom
Director
On filings since 2023
2 hrs/week
$3K (2023) → $5K (2024)
Breanna Adams
Secretary
On filings since 2020
2 hrs/week
$7K (2020) → $6K (2024)
Jamie Marks Erickson
Development Officer
On filings since 2020
45 hrs/week
$102K (2020) → $128K (2024)
Jeff Haukebo
Treasurer
On filings since 2020
2 hrs/week
$7K (2020) → $5K (2024)
Lori Guenther
Vice Chair
Director → Vice Chair, 2023
On filings since 2020
2 hrs/week
$6K (2020) → $6K (2024)
Nicole Kirchner
Vice President Business Development
On filings since 2020
45 hrs/week
$110K (2020) → $131K (2024)
Karen Larson
Vice President Mortgage Lending
On filings since 2021
45 hrs/week
$112K (2021) → $135K (2024)
Tim Swenson
Manager New Market Tax Credit
On filings since 2022
45 hrs/week
$104K (2022) → $129K (2024)
Matthew Nelson
Chief Financial Officer
New on the 2024 filing
50 hrs/week
$170K (2024)
Former officers (11)
- Former: Dan Stevens (2020–2023) — Director
- Former: David Burggraf (2020–2023) — Director
- Former: Steve Wiebolt (2020–2023) — Vice President Administration
- Former: Scott Omlid (2021–2023) — Chief Financial Officer
- Former: Maria Pretzer (2022–2023) — Director
- Former: Arlen Kangas (2020–2021) — Chief Economist
- Former: Christine Clark (2020–2021) — Former Chief Financial Officer
- Former: Janet Green (2020–2021) — Director
- Former: Lorna Lague (2020–2021) — Director
- Former: Tara Wolff (2020–2021) — Director
- Former: Kathy Misson (2020) — Vice President Mortgage Lending
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 $358K, to Julia Nelmark (President). 19 officers or directors reported compensation on that filing.
Frequently asked questions about Midwest Minnesota Community Development Corporation
How much does Midwest Minnesota Community Development Corporation give each year?
Midwest Minnesota Community Development Corporation gave $793K across 16 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $141K across 4 grants.
What is Midwest Minnesota Community Development Corporation's typical grant size?
Midwest Minnesota Community Development Corporation's median grant in 2024 was $45,000, and its average grant was $49,563, across 16 grants on its 2024 IRS Form 990.
Where does Midwest Minnesota Community Development Corporation give grants?
Midwest Minnesota Community Development Corporation gives mostly in Minnesota: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Minneapolis, MN (4 grants), Saint Paul, MN (3 grants) and Ogema, MN (2 grants).
Does Midwest Minnesota Community Development Corporation give general operating support?
Occasionally: 6% of Midwest Minnesota Community Development Corporation's 2024 grants with a stated purpose (1 of 16) were for general or operating support, per its 2024 IRS Form 990. Recurring purposes include "DPA Capacity Grant" (11 grants).
Who are Midwest Minnesota Community Development Corporation's largest grantees?
Midwest Minnesota Community Development Corporation's largest 2024 grantees include City of Perham ($100,000), MN CDFI Coalition ($98,000) and White Earth Investmnet Initiative ($95,000 across 2 grants), according to its 2024 IRS Form 990. Together they received 37% of its itemized 2024 grant dollars.
How large is Midwest Minnesota Community Development Corporation?
Midwest Minnesota Community Development Corporation reported $105.4M in total assets on its 2024 IRS Form 990. Its revenue that year was $25.3M.
What does Midwest Minnesota Community Development Corporation fund?
MMCDC’s stated mission is to assist communities and individuals in achieving a better quality of life. Its website describes commercial loans for for-profit and nonprofit enterprises, mortgage lending, affordable rental housing, housing development, and New Markets Tax Credit financing. See mission & focus areas ↑
How do I apply for a grant from Midwest Minnesota Community Development Corporation?
Midwest Minnesota Community Development Corporation has no public application process in the sources Grantable reviewed. Check mmcdc.com for current guidelines, or contact the foundation directly before submitting a request.
What is Midwest Minnesota Community Development Corporation's EIN?
Midwest Minnesota Community Development Corporation's EIN (Employer Identification Number) is 41-0972298. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 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 September 9, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 8, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 27, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 8, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 4, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Midwest Minnesota Community Development Corporation funds
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Cite this profile
Grantable. (2026). Midwest Minnesota Community Development Corporation funder profile. GrantGraph. Retrieved October 21, 2026, from https://grantable.co/funders/midwest-minnesota-community-development-corporation-morg_fa421a7d1039455bba51412b5c6a65ee
BibTeX
@misc{grantable_410972298_2026,
author = {{Grantable}},
title = {{Midwest Minnesota Community Development Corporation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/midwest-minnesota-community-development-corporation-morg_fa421a7d1039455bba51412b5c6a65ee},
note = {Accessed 2026-10-21. 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 Midwest Minnesota Community Development Corporation'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.
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