Twin Cities Habitat for Humanity, Inc.

Mission Statement

Eliminate poverty housing from the Twin Cities and to make decent, affordable shelter for all people a matter of conscience.

Impact and Programs

Accomplishments In FY2017, 92 partner families either bought a home with Habitat or had critical repairs completed on their home through our programs. Also, 1,500 families attended homeownership orientation sessions to learn about our process and understand the program and financial requirements. 266 families participated in one-on-one financial coaching to become mortgage-ready. 140 of those have completed coaching and become financially mortgage-ready; the remainder continue to meet with financial coaches. We also launched a new banking partnership with Bremer Bank to finance 500 mortgages originated by TCHFH Lending, Inc., a wholly owned subsidiary of Twin Cities Habitat for Humanity. This partnership means that Habitat can more than double the number of families served over the next 4 years and donor contributions go further to help keep homes affordable for families.

Current Goals FY2018 Programmatic Goals: Partner with 104 low-income families to purchase homes with fixed-rate, long-term, affordable Habitat mortgages; Close $10.8M in mortgages; Sell 74 mortgages to Bremer Bank; Coach 250 households; Partner with 80 homeowners through A Brush With Kindness paint and home repair projects; Engage volunteers in a pilot chore services program for aging homeowners; Identify healthcare partner(s) for age in place services; Provide mortgage foreclosure prevention counseling to 75 homeowners; Plan and implement Jordan Week of Kindness in July 2017; Plan and implement a second neighborhood event; Assess and track the quality of life in urban focus neighborhoods; Lead Diversity & Inclusion Action Team to develop a multi-year plan for equity and inclusion efforts; Train 2 staff to be Intercultural Development Inventory (IDI) trainers; Conduct IDI for all remaining staff members; Conduct IDI training for all board members; Generate $1.72M in ReStore revenue; Support global mission with $250,000

Community or Constituency Served Low income families in the Twin Cities 7 county metro area that are in need of affordable housing.

Geographic Area Served Twin Cities (Minneapolis and St. Paul, MN) seven-county metro area.

Reports & Finances

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Major Program Expenses

Creating Homeownership:

$12,224,305

Financing Homeownership:

$2,125,037

Preserving Homeownership:

$1,171,357

Other programs and services:

$1,093,690

3 Year Average Expenses

Program Services
$16,504,811
87.3%

Management
$643,514
3.4%

Fundraising
$1,761,107
9.3%

Unrestricted Net Assets

End of Year:

Beginning of Year:

Difference:

2016
$30,005,182
$30,950,225
($945,043)

2015
$30,950,225
$29,809,884
$1,140,341

2014
$29,809,884
$23,966,494
$5,843,390

Organization Last Reviewed on 12/19/2017

This date is representative of when we completed our initial Accountability Wizard® nonprofit review, and provided the organization with their results. This review is good for three years from the date provided

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Connect

Address:

1954 University Avenue West

St. Paul, MN 55104

Phone: 651-207-1700

Website: www.tchabitat.org

General Information

Alternative Name: TC Habitat for Humanity, TCHFH, Twin Cities Habitat, Habitat Twin Cities, Habitat

EIN: 36-3363171

Principal Staff: Chris Coleman

Number of Full-Time Equivalents (FTE): 150.41

Volunteer Opportunities: Yes

Number of Clients: Roughly 1186 individuals served through financial coaching, homeownership education, home purchase, A Brush With Kindness paint and repair services, and mortgage foreclosure prevention counseling

Ruling Year: 1987