Twin Cities-Metro Certified Development logo

Twin Cities-Metro Certified Development

Foundation · Grantmaker Vadnais Heights, MN EIN: 41-1672450 Website
Economically disadvantaged peopleCommunity and economic developmentFinancial servicesDevelopment financeMicrofinance

TO STIMULATE PRIVATE SECTOR INVESTMENT BY PROVIDING FUNDING FOR SMALL BUSINESS EXPANSIONS IN MINNESOTA AND WESTERN WISCONSIN THROUGH THE UTILIZATION OF THE SMALL BUSINESS ADMINISTRATION'S 504 LOAN PROGRAM.

Key facts about Twin Cities-Metro Certified Development

EIN
41-1672450
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$100,000
Grants made (2025)
5
Average grant
$20,000
Median grant
$25,000
Total assets
$7,493,854
Primary geography
Minnesota (90% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Twin Cities-Metro Certified Development funds

By grant dollars, the top recipient states for Twin Cities-Metro Certified Development's 5 itemized 2025 grants were Minnesota (90%) and Wisconsin (10%). The most frequent recipient cities were Minneapolis, MN (2 grants) and Saint Paul, MN (2 grants). 100% of grants with a stated purpose were for general or operating support.

How Twin Cities-Metro Certified Development gives

  • Giving held roughly steady from 2022 to 2025 (+0%). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Twin Cities-Metro Certified Development

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$7.5M

+0.9% YoY

Annual Giving

$100K

+0.0% YoY

Grant Count

5

+0.0% YoY

Avg Grant Size

$20K

+0.0% YoY

About Twin Cities-Metro Certified Development

Based on IRS filings

Twin Cities-Metro Certified Development is a nonprofit organization focused on Economically disadvantaged people, based in Vadnais Heights, MN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $7.5M in total assets. In 2025, it awarded 5 grants totaling $100K. Net investment income was $173K.

Focus Areas

Economically disadvantaged peopleCommunity and economic developmentFinancial servicesDevelopment financeMicrofinance
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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of all 5 itemized 2025 grant dollars.

Cities

MinneapolisSaint PaulHudson

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M2019202020212022202320242025
Metric202520242023
Total Assets$7,493,854$7,429,184$7,320,907
Revenue$3,938,336$3,600,147$3,331,044
Expenses$3,960,053$3,682,503$3,585,188
Qualifying Distributions———
Net Investment Income$172,558$152,036$80,937
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2019–2025

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K0 grants20190 grants20200 grants20215 grants20225 grants20235 grants20245 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Neighborhood Development Center: $25KNeighborhood DevelopmentCenter$25KMetropolitan Economic Development Association: $25KMetropolitan EconomicDevelopment Association$25KMetropolitan Consortium of Community Developers: $25KMetropolitan Consortium ofCommunity Developers$25KWomen Venture: $15KWomen Venture$15KSt Croix Economic Development Corporation: $10KSt Croix Economic DevelopmentCorporation$10K

Grant Size Distribution

20 grants across all recorded years

20<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include Neighborhood Development Center ($25,000), Metropolitan Economic Development Association ($25,000), Metropolitan Consortium of Community Developers ($25,000).

RecipientPurposeAmount
NEIGHBORHOOD DEVELOPMENT CENTER Saint Paul, MNGENERAL OPERATING GRANT$25,000
METROPOLITAN ECONOMIC DEVELOPMENT ASSOCIATION Minneapolis, MNGENERAL OPERATING GRANT$25,000
METROPOLITAN CONSORTIUM OF COMMUNITY DEVELOPERS Minneapolis, MNGENERAL OPERATING GRANT$25,000
WOMEN VENTURE St Paul, MNGENERAL OPERATING GRANT$15,000
ST CROIX ECONOMIC DEVELOPMENT CORPORATION Hudson, WIGENERAL OPERATING GRANT$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

Pete Ingebrand — President: $290KPete IngebrandPresident$290KDeborah Gustafson - Senior — Lender/Senior Vice President: $265KDeborah Gustafson…Lender/Senior Vice President$265KSheil Nelson — Senior Lender: $224KSheil NelsonSenior Lender$224KPaul Lambert - Secretary — Senior Vice President: $211KPaul Lambert - SecretarySenior Vice President$211KMichael Kinninger — Loan Officer: $167KMichael KinningerLoan Officer$167KMelissa Miller — Loan Officer: $154KMelissa MillerLoan Officer$154KMichael Kinderman — Loan Officer: $148KMichael KindermanLoan Officer$148KJim Louwagie — Board Member/Chair: $6KJim LouwagieBoard Member/Chair$6KKevin Maas - Board Member — Treasurer/Secretary: $5KKevin Maas - Board…Treasurer/Secretary$5KDavid Wasmuth — Board Member: $4KDavid WasmuthBoard Member$4KRoyce Nelligan — Board Member: $4KRoyce NelliganBoard Member$4KJonathan Dolphin — Board Member: $3KJonathan DolphinBoard Member$3KDennis Welch — Board Member: $3KDennis WelchBoard Member$3KLevi Smith — Board Member: $2KLevi SmithBoard Member$2KBrad Benesh — Board Member: $2KBrad BeneshBoard Member$2KShelley Peterson — Board Member: $2KShelley PetersonBoard Member$2KMike Scholl — Board Member: $2KMike SchollBoard Member$2KSteve Powell — Board Member: $2KSteve PowellBoard Member$2KMike Brass — Board Member: $2KMike BrassBoard Member$2KBryan Toft — Board Member: $2KBryan ToftBoard Member$2K

From 2025 IRS filing

NameTitleHoursCompensation
Pete IngebrandPresident45$290,411
Paul Lambert - SecretarySenior Vice President45$210,638
Jim LouwagieBoard Member/Chair2.5$5,835
Kevin Maas - Board MemberTreasurer/Secretary2.5$4,875
Brad BeneshBoard Member1.5$1,840
Mike BrassBoard Member1.5$1,665
Kate CrowBoard Member1.5—
Jonathan DolphinBoard Member1.5$3,480
Deborah Malmberg SmithBoard Member1.5—
Royce NelliganBoard Member2.5$3,515
Shelley PetersonBoard Member1.5$1,805
Steve PowellBoard Member1.5$1,735
Mike SchollBoard Member1.5$1,770
Levi SmithBoard Member1.5$2,050
Bryan ToftBoard Member1.5$1,665
David WasmuthBoard Member2.5$3,620
Dennis WelchBoard Member2.5$3,270
Deborah Gustafson - SeniorLender/Senior Vice President45$265,345
Sheil NelsonSenior Lender45$223,887
Michael KinningerLoan Officer45$166,952
Melissa MillerLoan Officer45$153,987
Michael KindermanLoan Officer45$147,826

Subject Areas

Focus areas based on grantmaking activity

Economically disadvantaged peopleCommunity and economic developmentFinancial servicesDevelopment financeMicrofinance

Frequently Asked Questions

What is Twin Cities-Metro Certified Development?

Twin Cities-Metro Certified Development is a nonprofit organization focused on Economically disadvantaged people, based in Vadnais Heights, MN. It holds $7.5M in total assets as of 2025.

How large is Twin Cities-Metro Certified Development?

As of 2025, Twin Cities-Metro Certified Development holds $7.5M in total assets with $3.9M in annual revenue. It awarded 5 grants totaling $100K in 2025.

Where does Twin Cities-Metro Certified Development operate?

Twin Cities-Metro Certified Development has awarded grants in Minnesota, Wisconsin.

What size grants does Twin Cities-Metro Certified Development award?

In 2025, Twin Cities-Metro Certified Development awarded 5 grants totaling $100K — an average of about $20K per grant, based on its IRS Form 990 filings.

What is Twin Cities-Metro Certified Development's EIN?

Twin Cities-Metro Certified Development's EIN (Employer Identification Number) is 41-1672450. IRS Form 990 filing data is available on this page for 2019–2025.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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