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, 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
No grants recorded for .
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 |
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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