Overview

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Est.

1971

Latest Fiscal Year

Not available

Organization Type

Grantseeker

990s

990 file icon
2024
990 file icon
2023
990 file icon
2022
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AI Summary

COMMONBOND COMMUNITIES is a public housing nonprofit focused on building stable homes, strong futures, and vibrant communities. In filing year 2025, it reported an operating budget of $34.1M and total revenue of $48.9M, with top funders including NEIGHBORHOOD REINVESTMENT CORPORATION, Fred C and Katherine B Andersen Foundation, and THE MINNEAPOLIS FOUNDATION.

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Mission Statement

COMMONBOND'S MISSION IS TO BUILD STABLE HOMES, STRONG FUTURES AND VIBRANT COMMUNITIES.

Cause Areas

1
Public housing
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Financials

2024
Revenues
$52.4M
Expenses
$38M
Net Income:
+$14.3M
Assets
$212.4M
Liabilities
$104.7M
Net Assets:
+$107.7M

Financial Trends

2024
Operating Budget
$38M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Top Funders

Funder
Total Funding
Funding Share
Logo for "NEIGHBORHOOD REINVESTMENT CORPORATION"
NEIGHBORHOOD REINVESTMENT CORPORATION
Washington, DC, US
$7.3M
< 1%
Fred C and Katherine B Andersen Foundation
Bayport, MN, US
$2.8M
< 1%
Logo for "THE MINNEAPOLIS FOUNDATION"
THE MINNEAPOLIS FOUNDATION
MINNEAPOLIS, MN, US
$2.4M
< 1%

Grants Received

2024
Total No. of Grants
61
Median grant size
$25K
Largest grant received
$705.8K

Board & Team

D
Deidre Schmidt
Board Member
N
Nicole Brookshire
Board Member
J
Jamal Adam
Board Member
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  • 130 funders
  • 90 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is COMMONBOND COMMUNITIES’s budget?
In 2024, COMMONBOND COMMUNITIES reported an annual operating budget of around $38 million. More detailed financial information is available to registered users.
What causes does COMMONBOND COMMUNITIES support?
COMMONBOND COMMUNITIES supports work in Public housing.
Where does COMMONBOND COMMUNITIES operate?
COMMONBOND COMMUNITIES is headquartered in St. Paul, MN.
Who funded COMMONBOND COMMUNITIES recently?
In 2025, COMMONBOND COMMUNITIES received grants from THE MINNEAPOLIS FOUNDATION, TARGET FOUNDATION, and AMERICAN ONLINE GIVING FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant COMMONBOND COMMUNITIES received in 2024?
The largest grant to COMMONBOND COMMUNITIES in 2024 exceeds $706 thousand.
What is COMMONBOND COMMUNITIES’s reliance on government grants?
COMMONBOND COMMUNITIES relied on government grants for more than 25% of their total revenue in 2024.