LAND BANK TWIN CITIES INC

LAND BANK TWIN CITIES INC

St. Paul, MN, US
501(c)3
EIN
61-1756962

LAND BANK TWIN CITIES INC

St. Paul, MN, US
501(c)3
EIN
61-1756962

Overview

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Est.

2015

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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Land Bank Twin Cities Inc is a nonprofit organization focused on housing services and land resources, dedicated to capturing strategic real estate opportunities that benefit individuals with low to moderate incomes, particularly prioritizing people of color and those facing barriers. With an operating budget of $6.6 million and total revenue of $5.5 million for the 2024 filing year, the organization does not rely on a single funder for 50% or more of its revenue. More information can be found on their website at www.landbanktwincities.org.

Mission Statement

LAND BANK TWIN CITIES, INC. CAPTURES STRATEGIC REAL ESTATE OPPORTUNITIES TO BENEFIT PEOPLE WITH LOW TO MODERATE INCOMES, PRIORITIZING PEOPLE OF COLOR AND POPULATIONS FACING BARRIERS.
Revenues

$5.5M

Expenses

$6.6M

Net Income:
-$1.2M
Assets

$32.1M

Liabilities

$25.1M

Net Assets:
+$7.1M
Operating Budget

$6.6M

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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Total No. of Grants

1

Median grant size
$15K
Largest grant received
$15K
A
Aarica Coleman
Board Member
B
Barbara McCormick
Board Member
D
David McGee
Board Member

Frequently Asked Questions

What is LAND BANK TWIN CITIES INC’s budget?
In 2024, LAND BANK TWIN CITIES INC reported an annual operating budget of around $6.6 million. More detailed financial information is available to registered users.
What causes does LAND BANK TWIN CITIES INC support?
LAND BANK TWIN CITIES INC supports work in Land resources and Housing services.
Where does LAND BANK TWIN CITIES INC operate?
LAND BANK TWIN CITIES INC is headquartered in St. Paul, MN.
Who funded LAND BANK TWIN CITIES INC recently?
In 2024, LAND BANK TWIN CITIES INC received grants from MORTENSON FAMILY FOUNDATION, LOCAL INITIATIVES SUPPORT CORPORATION, and TARGET FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant LAND BANK TWIN CITIES INC received in 2024?
The largest grant to LAND BANK TWIN CITIES INC in 2024 exceeds $15 thousand.
Overview
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