Minnesota Home Ownership Center
The Minnesota Homeownership Center is a St. Paul, Minnesota–based public charity and nonprofit intermediary supporting sustainable homeownership across Minnesota. Formed in 1993, it oversees a network of housing counseling agencies and supports homebuyers and homeowners through education, advising, partner resources, and foreclosure prevention.
Minnesota Home Ownership Center at a glance
In short: Minnesota Home Ownership Center gave $650K across 16 grants in 2025 (avg $41K), mostly in Minnesota. 94% of 2025 grantees were new. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $650,135
- +11.1% vs 2024
- Grants made (2025)
- 16
- +300.0% vs 2024
- Average grant
- $40,633
- -72.2% vs 2024
- Median grant
- $29,500
- Total assets
- $16,053,849
- +4.7% vs 2024
- New grantees (estimate)
- 94% first-time grantees (15 of 16, 2025; small sample)
- Primary geography
- Minnesota (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Minnesota Home Ownership Center
- Contact
Mailing address: 1000 Payne Avenue Suite 200, St Paul, MN 55130
Phone: (651) 659-9336
Website: https://hocmn.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Minnesota Home Ownership Center funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Lutheran Social Service Financial Counseling ($90K). Together the top 10 received $556K.
Grant Size Distribution
24 grants across all recorded years
The most common grant size was under $50K: 15 grants of 24 (63%).
Geographic Focus
Where this funder awards grants
The Center’s work and 2025 grants are focused in Minnesota. Its website describes a statewide network of housing counseling agencies, and all 16 grants reported for 2025 went to Minnesota recipients.
Grant Distribution by State
Share of 2025 grant dollars across all 16 itemized grants.
Cities
Is Minnesota Home Ownership Center open to new grantees?
94%
first-time grantees, 2025
In 2025, 15 of 16 grantees (94%) were first-time recipients. With only 16 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $42K; repeat grants $20K. How we count
Medians: $30K first-time, $20K repeat.
- 6% of 2025 grantees were also funded in 2024. Method
Estimate from itemized grant lists in IRS Form 990 filings (2023–2025). 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 2021 to 2025, annual grant giving ranged from $5K (2021) to $650K (2025). In 2025 it made 16 grants totaling $650K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Lutheran Social Service Financial Counseling St. Paul, MN | Homeownership Advisor Network Support | $90,325 |
| PRG Inc Minneapolis, MN | Homeownership Advisor Network Support | $88,256 |
| Project for Pride in Living Minneapolis, MN | Homeownership Advisor Network Support | $87,982 |
| Neighborhood Development Alliance St. Paul, MN | Homeownership Advisor Network Support | $85,726 |
| One Roof Community Housing Duluth, MN | Homeownership Advisor Network Support | $42,846 |
| Dakota County CDA Eagan, MN | Homeownership Advisor Network Support | $38,000 |
| Washington County CDA Woodbury, MN | Homeownership Advisor Network Support | $38,000 |
| Scott County CDA Shakopee, MN | Homeownership Advisor Network Support | $30,000 |
| Arrowhead Economic Opportunity Agency Virginia, MN | Homeownership Advisor Network Support | $29,000 |
| Kootasca Community Action Inc Grand Rapids, MN | Homeownership Advisor Network Support | $26,000 |
Ready to take the next step with Minnesota Home Ownership Center?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $16,053,849 | $4,304,571 | $4,230,262 | $650,135 | 16 | $762,251 |
| 2024 | $15,340,082 | $5,021,832 | $4,279,245 | $585,000 | 4 | $130,906 |
| 2023 | $14,260,394 | $3,425,749 | $3,939,560 | $635,000 | 4 | $299,790 |
| 2022 | $14,152,614 | $7,198,884 | $8,555,682 | — | — | $-94,529 |
| 2021 | $17,549,875 | $3,064,242 | $4,099,660 | $5,000 | Total only | $711,520 |
| 2020 | $18,809,674 | $6,782,119 | $6,239,074 | — | — | $315,384 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The Center’s stated mission is to build a stronger, more inclusive homeownership ecosystem so every Minnesotan—especially people facing systemic and historic barriers—can access and sustain homeownership’s stability and wealth-building opportunities. Its website emphasizes lower-income households and communities of color.
Its work includes advocating for inclusive homeownership policy and funding; strengthening the network of homeownership professionals; developing homebuyer education and referral resources; and supporting advisors through training, certification, pilot programs, funding, and outcomes tracking. Its resources for professionals include information on down-payment assistance, affordable mortgage products, ITIN mortgages, and home rehabilitation and repair programs.
The Center’s 2025 grants supported Minnesota organizations for “homeownership advisor network support.” The grantees describe a range of related work: PRG combines affordable housing development with homeownership education and advising; Project for Pride in Living provides affordable housing and resident services; and the Neighborhood Development Alliance works to create and preserve housing and business opportunities in lower-income neighborhoods. Other 2025 recipients include community action agencies, housing organizations, and the African Development Center, which describes its mission as growing businesses, building wealth, and increasing reinvestment in Minnesota’s African communities.
Grantmaking
In 2025, the Center gave $650,135 through 16 grants. Grants ranged from $10,000 to $90,325, with a median of $29,500. The largest awards included:
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Jen Thompson as chair, Brian Crosby as vice chair, Aarica Coleman as secretary, and David Lindstrom as treasurer. It also lists Robyn Bipes-Timm as director and past chair, and Kirstin Burch, Jim Erchul, Nancy Healy, Darcy McDonald, and Patty Pannkuk as directors.
Minnesota Home Ownership Center is led by Kimball Roxanne, President since 2024 (on filings since 2020); 6 of 22 officers listed in 2025 are compensated.
Officers on the 2025 filing
Kimball Roxanne
President
Board Member → President, 2024
On filings since 2020
40 hrs/week
$95K (2024) → $196K (2025)
Thompson Jen
Chair
Vice Chair → Board Chair, 2024
Board Chair → Chair, 2025
On filings since 2020
1 hr/week
No compensation reported
Walker Brooke
Director
On filings since 2023
40 hrs/week
$108K (2023) → $140K (2025)
Sondra Reis
Director - Homeownership Programs
New on the 2025 filing
40 hrs/week
$107K (2025)
William Gray
Director - Stakeholder Relations
New on the 2025 filing
40 hrs/week
$102K (2025)
Erchul Jim
Director
Board Member → Director, 2025
On filings since 2020
1 hr/week
No compensation reported
Healy Nancy
Director
Board Member → Director, 2025
On filings since 2020
1 hr/week
No compensation reported
McDonald Darcy
Director
Board Member → Director, 2025
On filings since 2020
1 hr/week
No compensation reported
Raverty Keenan
Director
Board Member → Director, 2025
On filings since 2020
1 hr/week
No compensation reported
Solis Zuiker Virginia
Director
Board Member → Director, 2025
On filings since 2020
1 hr/week
No compensation reported
Steinhagen Julie
Director
Board Member → Director, 2025
On filings since 2020
1 hr/week
No compensation reported
Pannkuk Patty
Director
Board Member → Director, 2025
On filings since 2021
1 hr/week
No compensation reported
Rocker John
Director
Board Member → Director, 2025
On filings since 2022
1 hr/week
No compensation reported
Burch Kirstin
Director
Board Member → Director, 2025
On filings since 2023
1 hr/week
No compensation reported
Porter-Nelson Dean
Director
Board Member → Director, 2025
On filings since 2024
1 hr/week
No compensation reported
Wills Jeff
Director
Board Member → Director, 2025
On filings since 2024
1 hr/week
No compensation reported
Bipes-Timm Robyn
Director
New on the 2025 filing
1 hr/week
No compensation reported
Pederson Karen
Associate Director
On filings since 2023
40 hrs/week
$147K (2023) → $162K (2025)
Nick Mendler
Crm Manager
New on the 2025 filing
40 hrs/week
$105K (2025)
Crosby Brian
Vice Chair
Board Member → Secretary, 2021
Secretary → Vice Chair, 2024
On filings since 2020
1 hr/week
No compensation reported
Lindstrom David
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Coleman Aarica
Secretary
Board Member → Secretary, 2024
On filings since 2022
1 hr/week
No compensation reported
Former officers (28)
- Former: Bipes Timm Robyn (2020–2024) — Past Board Chair
- Former: Gugin Julie (2020–2024) — President
- Former: Spellman Matt (2020–2024) — Board Member
- Former: Teng Rose (2020–2024) — Board Member
- Former: El-Sawaf Mohammed (2022–2024) — Board Member
- Former: Wreh-Wilson Stephen (2021–2023) — Board Member
- Former: Beard Tara (2022–2023) — Board Member
- Former: Happe Mike (2020–2022) — Board Member
- Former: Fatima Moore (2022) — Board Member
- Former: Karen Pederson (2022) — Associate Director
- Former: Kayla Schuchman (2022) — Board Member
- Former: Kimberly Smith-Moore (2022) — Senior Director
- Former: Gajeski Karen (2020–2021) — Board Member
- Former: Kier Kasey (2020–2021) — Board Member
- Former: Moore Fatima (2020–2021) — Board Member
- Former: Schuchman Kayla (2020–2021) — Board Member
- Former: Wiese David (2020–2021) — Vice Chair
- Former: Flannery Deb (2021) — Board Member
- Former: Martin Rebecca (2021) — Board Member
- Former: Aleshire Jill (2020) — Board Member
- Former: Dickey Rosey (2020) — Secretary
- Former: Flannery Deborah (2020) — Board Member
- Former: Jackson Portia (2020) — Board Member
- Former: Nix Noel (2020) — Board Member
- Former: Rausch Ela (2020) — Board Member
- Former: Stephen Wreh Wilson (2020) — Board Member
- Former: Vergin Stephanie (2020) — Board Member
- Former: Vojacek Michelle (2020) — Board Member
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $196K, to Kimball Roxanne (President). 6 officers or directors reported compensation on that filing.
Frequently asked questions about Minnesota Home Ownership Center
How much does Minnesota Home Ownership Center give each year?
Minnesota Home Ownership Center gave $650K across 16 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $585K across 4 grants.
What is Minnesota Home Ownership Center's typical grant size?
Minnesota Home Ownership Center's median grant in 2025 was $29,500, and its average grant was $40,633, across 16 grants on its 2025 IRS Form 990. Organizations receiving their first grant from Minnesota Home Ownership Center that year got $42K on average.
Where does Minnesota Home Ownership Center give grants?
Minnesota Home Ownership Center gives mostly in Minnesota: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were St. Paul, MN (4 grants) and Minneapolis, MN (3 grants).
Does Minnesota Home Ownership Center give general operating support?
Not in 2025: none of the 16 grants with a stated purpose on Minnesota Home Ownership Center's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Homeownership Advisor Network Support" (16 grants).
Who are Minnesota Home Ownership Center's largest grantees?
Minnesota Home Ownership Center's largest 2025 grantees include Lutheran Social Service Financial Counseling ($90,325), PRG Inc ($88,256) and Project for Pride in Living ($87,982), according to its 2025 IRS Form 990. Together they received 41% of its itemized 2025 grant dollars.
How large is Minnesota Home Ownership Center?
Minnesota Home Ownership Center reported $16.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $4.3M.
What does Minnesota Home Ownership Center fund?
The Center’s stated mission is to build a stronger, more inclusive homeownership ecosystem so every Minnesotan—especially people facing systemic and historic barriers—can access and sustain homeownership’s stability and wealth-building opportunities. See mission & focus areas ↑
How do I apply for a grant from Minnesota Home Ownership Center?
Minnesota Home Ownership Center has no public application process in the sources Grantable reviewed. Check hocmn.org for current guidelines, or contact the foundation directly before submitting a request.
What is Minnesota Home Ownership Center's EIN?
Minnesota Home Ownership Center's EIN (Employer Identification Number) is 41-1741817. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS June 6, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS July 9, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS August 20, 2026)
- Updated Form 990 for fiscal year 2021 (received by the IRS June 10, 2022)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Minnesota Home Ownership Center's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Minnesota Home Ownership Center funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/minnesota-home-ownership-center-morg_95a2509524d7440193684cc572fd7e55
BibTeX
@misc{grantable_411741817_2026,
author = {{Grantable}},
title = {{Minnesota Home Ownership Center funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/minnesota-home-ownership-center-morg_95a2509524d7440193684cc572fd7e55},
note = {Accessed 2026-10-15. 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 Minnesota Home Ownership Center'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.
Minnesota Home Ownership Center down — hundreds of funders to go?