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Minnesota Home Ownership Center

Public charityFed auditsIRS 990
DBA: % KAREN PEDERSON
Other · SAINT PAUL, MN · EIN 41-1741817

About

The minnesota home ownership center promotes and advances successful home ownership in minnesota.

In care of Karen Pederson

Donations are tax-deductible
Category
Other
Employees
14
Volunteers
0

Financial Snapshot

FY ending 2024-12-31
Revenue
$5.0M
Expenses
$4.3M
Assets
$15.3M
Liabilities
$498K

Financial history

$8.6M$4.3M$0
161718192021222324
RevenueExpenses
Latest FY2024: $5.0M · Peak FY2022: $7.2M · Avg: $5.4M

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
Lobbying
$48K
Grants Given
$585K
MINNESOTA HOME OWNERSHIP CENTER
Your actions

Address

1000 Payne Avenue Suite 200
Saint PAUL, MN, 55130-398

Governance

Voting board members23
Independent members23
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Retained by contractors$28K
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.