Twin Cities-metro Certified Development
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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.4M
+1.5% 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 2024. As of 2024, the organization holds $7.4M in total assets. In 2024, it awarded 5 grants totaling $100K. Net investment income was $152K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,429,184 | $7,320,907 | $7,176,468 |
| Revenue | $3,600,147 | $3,331,044 | $3,463,785 |
| Expenses | $3,682,503 | $3,585,188 | $3,232,304 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $152,036 | $80,937 | $44,926 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Neighborhood Development Center ($25,000), Metropolitan Economic Development Association ($25,000), Metropolitan Consortium of Community Developers ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NEIGHBORHOOD DEVELOPMENT CENTER SAINT PAUL, MN | GENERAL OPERATING GRANT | $25,000 |
| METROPOLITAN ECONOMIC DEVELOPMENT ASSOCIATION MINNEAPOLIS, MN | GENERAL OPERATING GRANT | $25,000 |
| METROPOLITAN CONSORTIUM OF COMMUNITY DEVELOPERS MINNEAPOLIS, MN | GENERAL OPERATING GRANT | $25,000 |
| ST CROIX ECONOMIC DEVELOPMENT CORPORATION HUDSON, WI | GENERAL OPERATING GRANT | $10,000 |
| WOMEN VENTURE ST PAUL, MN | GENERAL OPERATING GRANT | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PETE INGEBRAND | PRESIDENT | 45 | $343,762 |
| PAUL LAMBERT | SECRETARY/SENIOR VICE PRESIDENT | 45 | $196,711 |
| JIM LOUWAGIE | BOARD MEMBER/CHAIR | 2.5 | $4,405 |
| KEVIN MAAS - BOARD MEMBER | TREASURER/SECRETARY | 2.5 | $4,020 |
| BRAD BENESH | BOARD MEMBER | 1.5 | — |
| MIKE BRASS | BOARD MEMBER | 1.5 | $1,805 |
| JONATHAN DOLPHIN | BOARD MEMBER | 1.5 | $2,015 |
| CAROL MALONEY | BOARD MEMBER | 1.5 | $1,945 |
| ROYCE NELLIGAN | BOARD MEMBER | 2.5 | $3,340 |
| SHELLEY PETERSON | BOARD MEMBER | 1.5 | $1,910 |
| STEVE POWELL | BOARD MEMBER | 1.5 | — |
| MIKE SCHOLL | BOARD MEMBER | 1.5 | — |
| LEVI SMITH | BOARD MEMBER | 1.5 | $1,805 |
| BRYAN TOFT | BOARD MEMBER | 1.5 | $1,945 |
| DAVID WASMUTH | BOARD MEMBER | 2.5 | $4,875 |
| DENNIS WELCH | BOARD MEMBER | 2.5 | $5,800 |
| DEBORAH GUSTAFSON | SENIOR LENDER/SENIOR VICE PRESIDENT | 45 | $260,034 |
| SHEIL NELSON | SENIOR LENDER | 45 | $214,788 |
| MICHAEL KINNINGER | LOAN OFFICER | 45 | $165,473 |
| MELISSA MILLER | LOAN OFFICER | 45 | $153,060 |
| MICHAEL KINDERMAN | LOAN OFFICER | 45 | $143,672 |
Subject Areas
Focus areas based on grantmaking activity
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 $7.4M in total assets as of 2024.
How large is Twin Cities-metro Certified Development?
As of 2024, Twin Cities-metro Certified Development holds $7.4M in total assets with $3.6M in annual revenue. It awarded 5 grants totaling $100K in 2024.
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 2024, 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 2019–2024.
Explore Open Grants
Browse active grant opportunities in Twin Cities-metro Certified Development's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.