Central Minnesota Housing Partnership Inc

Organization Overview

Central Minnesota Housing Partnership Inc is located in St Augusta, MN. The organization was established in 1994. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2021, Central Minnesota Housing Partnership Inc employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Minnesota Housing Partnership Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Central Minnesota Housing Partnership Inc generated $4.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $4.6m during the year ending 12/2021. While expenses have increased by 13.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ASSIST UNDERSERVED COMMUNITIES TO PRESERVE, IMPROVE AND INCREASE AFFORDABLE HOUSING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AFFORDABLE HOUSING: CMHP ASSET MANAGES 839 UNITS OF AFFORDABLE HOUSING. CMHP VALUES ITS OWNERSHIP AND INTEREST IN RENTAL PROPERTIES AND TAKES RESPONSIBILITY FOR THE LONG-TERM HEALTH AND WELFARE OF ALL PROJECTS WITH WHICH ASSOCIATED. FUNCTIONS OF ASSET MANAGEMENT INCLUDE MONITORING PROGRAMS, FUNDERS, AND FINANCING REQUIREMENTS TO ASSURE COMPLIANCE AND TIMELY REPORTING; OVERSIGHT OF PROPERTY MANAGEMENT ACTIVITIES OF THE PROFESSIONAL PROPERTY MANAGERS, SITE VISITS, MONTHLY FINANCIAL REPORTS, ANNUAL BUDGET APPROVAL, CAPITAL IMPROVEMENT PLANNING AND TENANT SURVEYS. CMHP COMMUNICATES ON A REGULAR BASIS WITH PROPERTY MANAGERS, INVESTORS, AND FUNDERS. AS CMHP CONTINUES TO DEVELOP NEW OR ACQUIRES AND REHABS EXISTING RENTAL PROPERTIES, IT WILL CONTINUE TO ADD AFFORDABLE RENTAL UNITS TO ITS ASSET MANAGEMENT PORTFOLIO. IN 2021, CMHP STARTED CONSTRUCTION ON HERITAGE COURT APARTMENTS.


PROPERTY MANAGEMENT: CMHP OVERSEES ALL ASPECTS OF THE OPERATIONS, MANAGEMENT, AND MAINTENANCE OF SELECTED PROPERTIES IN THEIR PORTFOLIO. CMHP'S PROPERTY MANAGEMENT DIVISION RECRUITS, SCREENS, SELECTS, AND PLACES APPLICANTS IN HOUSING AND IS RESPONSIBLE FOR THE FINANCIAL MANAGEMENT, BUDGETING, CARETAKING SUPERVISION, REPORTING AND COMPLIANCE OF EACH PROJECT. IN 2011, CMHP PARTNERED WITH A FOR PROFIT DEVELOPER TO PRESERVE AN EXISTING RENTAL PROPERTY, SOUTH HAVEN, IN BRAINERD MINNESOTA. CMHP RECEIVES A FEE ANNUALLY FOR THE COMPLIANCE WORK THAT THEY PROVIDE FOR SOUTH HAVEN. IN 2021, THIS LOAN WAS PAID IN FULL. THE NUMBER OF PROPERTIES CMHP MANAGES IS 24 RURAL DEVELOPMENT/TAX CREDIT PROJECTS CONSISTING OF 511 UNITS OF AFFORDABLE RENTAL.CONTINUUM OF CARE (COC): SINCE 1997, CMHP HAS COORDINATED THE DEVELOPMENT AND IMPLEMENTATION OF THE REGIONAL CONTINUUM OF CARE PLAN OUTLINING EXISTING SERVICES AND IDENTIFYING GAPS IN SERVICES ADDRESSING HOMELESSNESS. FROM 1997 TO 2021, OVER $25.1 MILLION IN HUD FUNDING HAS BEEN AWARDED REGIONALLY, WITH TOTAL LEVERAGED FUNDS OF OVER $39.9 MILLION. THE 2021 EXHIBIT ONE APPLICATION WAS AWARDED $1,649,942 WITH AN ADDITIONAL $412,486 IN MATCH FUNDS. IN 2021, CMHP WAS FUNDED WITH COC ADMINISTRATIVE DOLLARS IN THE AMOUNT OF $46,495. CMHP ALSO RECEIVED $50,000 FOR THE COORDINATED ENTRY POSITION. THE CENTRAL COC IS ALSO THE ADVISORY COUNCIL OVER THE "CENTRAL MN TEN-YEAR PLAN TO END HOMELESSNESS" FOR HEADING HOME TOGETHER MINNESOTA


SMALL CITIES DEVELOPMENT PROGRAM (SCDP): CMHP PROVIDES TECHNICAL ASSISTANCE, APPLICATION PREPARATION/SUBMISSION AND GRANT ADMINISTRATION SERVICES TO ELIGIBLE COMMUNITIES IN OUR 16-COUNTY SERVICE AREA FOR THE DEPARTMENT OF EMPLOYMENT AND ECONOMIC DEVELOPMENT'S SMALL CITIES DEVELOPMENT PROGRAM (SCDP) FUNDING. QUALIFYING APPLICATIONS MUST MEET ONE OR MORE FEDERAL OBJECTIVES, WHICH INCOME BENEFITING PEOPLE OF LOW AND MODERATE INCOMES, ELIMINATING SLUM AND BLIGHT CONDITIONS, OR ELIMINATING AN URGENT THREAT TO PUBLIC HEALTH OR SAFETY. APPLICATIONS ARE SUBMITTED FOR OWNER-OCCUPIED, RENTAL, AND COMMERCIAL REHABILITATION, WITH A FOCUS ON HOUSING REHABILITATION. SCDP PROJECTS MAY BE SUPPLEMENTED WITH ADDITIONAL FUNDING SOURCES SUCH AS CITY MATCH FUNDS OR USDA RD LOAN/GRANT PROGRAMS. IN 2021, CMHP ADMINISTERED SCDP GRANT AWARDS FOR THE FOLLOWING COMMUNITIES: SARTELL, ST. JOSEPH, MELROSE, MENAHGA, MORA, WADENA, BUFFALO, AND BERTHA/HEWITT. SCDP GRANTS INCLUDE FUNDING FOR ADMINISTRATION, AND DRAWS ARE SUBMITTED BY CMHP AS PROJECTS ARE COMPLETED. IN 2021, CMHP COMPLETED TEN REHABILITATION PROJECTS WITH SCDP FUNDING. IN 2021, CMHP SUBMITTED FULL APPLICATIONS ON BEHALF OF THE CITIES OF BERTHA/HEWITT AND WADENA. THE CITIES OF BERTHA/HEWITT WERE AWARDED SCDP FUNDING FOR OWNER-OCCUPIED REHABILITATION, AND THE CITY OF BUFFALO RECEIVED SCDP FUNDING FOR OWNER-OCCUPIED AND COMMERCIAL REHABILITATION. ALL DEED FUNDS ARE PASSED THROUGH EACH COMMUNITY GRANTEE, AND THEY RELEASE PAYMENT TO CONTRACTORS AND VENDORS. OWNER MATCH FUNDS ARE HELD BY CMHP AND PAID AS REQUESTED. IN 2021, CMHP ALSO SUBMITTED PRELIMINARY APPLICATIONS TO DEED ON BEHALF OF THE CITIES OF SEBEKA AND SWANVILLE AND WERE NOTIFIED THE PRELIMINARY APPLICATIONS WERE RANKED AS MARGINALLY COMPETITIVE AND INVITED TO SUBMIT FULL APPLICATIONS IN THE SPRING OF 2022. CMHP COLLECTS AN APPLICATION FEE FROM CITIES BASED ON DISTANCE FROM CMHP OFFICES.


MINNESOTA URBAN & RURAL HOMESTEADING (MURL): THE ORGANIZATION SERVICES A PORTFOLIO OF HOMES ORIGINALLY PURCHASED AND REHABILITATED THROUGH THE MURL PROGRAM. HOMES WERE SOLD ON A 0% INTEREST CONTRACT FOR DEED TO ELIGIBLE HOUSEHOLDS, WITH MONTHLY PAYMENTS BASED ON MONTHLY HOUSEHOLD INCOME. WHILE MURL IS NO LONGER AN ACTIVELY FUNDED PROGRAM, AT THE END OF 2021 CMHP HELD DEED TO SEVEN HOMES UNDER CONTRACT FOR DEED. CMHP STAFF SERVICES THESE CONTRACT FOR DEEDS, AND PROVIDES HOMEOWNER SUPPORT IN AREAS SUCH AS HOME MAINTENANCE, BUDGETING, ETC. ON OCCASION, A HOME IS DEEDED BACK TO CMHP FOR ASSORTED REASONS. AS ALL HOMES ARE PAST THE AFFORDABILITY PERIOD (15 OR 15.5 YEARS FROM TIME PUT IN THE PROGRAM) ANY HOME RETURNED TO CMHP WILL BE SOLD FEE SIMPLE ON THE OPEN MARKET. SALES PROCEEDS ARE DEPOSITED IN THE MURL REVOLVING ACCOUNT. CMHP BILLS MONTHLY FOR THE ACTUAL PROGRAM COSTS OF STAFF TIME, TRAVEL, AND OTHER ADMINISTRATIVE EXPENSES. THE ADMINISTRATIVE PAYMENTS ARE DRAWN FROM CMHP'S MURL REVOLVING ACCOUNT.COMMUNITY LAND TRUST (CLT): THE CENTRAL MINNESOTA COMMUNITY LAND TRUST (CMCLT) CAN PROVIDE A HOME OWNERSHIP OPPORTUNITY TO LOW AND MODERATE-INCOME HOUSEHOLDS WHILE CREATING LONG-TERM AFFORDABILITY FOR FUTURE GENERATIONS OF HOMEBUYERS. HOMES COST LESS THAN MARKET RATE AS THE COMMUNITY LAND TRUST (CLT) PURCHASES THE LAND USING A GROUND LEASE AND THE HOMEBUYER PURCHASES THE IMPROVEMENTS, OR HOME. THE AFFORDABILITY IS BUILT IN THE SHARED RESALE FORMULA WHICH ALLOWS FOR A RETURN ON THE HOMEOWNER'S EQUITY AND AN AFFORDABLE SALE PRICE FOR FUTURE BUYERS. AT THE END OF 2021, THE CMCLT HAD TWO HOMES IN ITS PORTFOLIO. THE CMCLT HAS NOT RECENTLY PURSUED NEW CLT PROJECTS, BUT THE CMCLT AND CMHP CONTINUE TO HAVE CONVERSATIONS REGARDING THE FUTURE OF CLT ACTIVITY. TA/CHDO: CMHP PROVIDES DIRECT TECHNICAL ASSISTANCE TO COMMUNITIES, ORGANIZATION, AND NON-PROFITS IN OUR SERVICE AREA. TECHNICAL ASSISTANCE PROVIDED BY CMHP CAN BRING ADDITIONAL RESOURCES TO THE REGION BY INCREASING LOCAL CAPACITY. SERVICES THAT CMHP MAY BE ABLE TO PROVIDE INCLUDE ASSESSING HOUSING NEED IN THE COMMUNITY, GRANT APPLICATION WRITING, FINANCIAL PACKAGING, PROJECT ADMINISTRATION, DEVELOPMENT AND OWNERSHIP OF AFFORDABLE HOUSING AND TEAM BUILDING.


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Board, Officers & Key Employees

Name (title)Compensation
Julie Schueller
Finance Director
$80,379
Deanna Hemmesch
Executive Director
$72,870
Doug Jacobson
Member
$393
Mitch Hohlen
Treasurer
$324
Genny Reynolds
Member
$259
Joe Janish
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $306,219
All other contributions, gifts, grants, and similar amounts not included above$94,573
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$400,792
Total Program Service Revenue$3,375,588
Investment income $38,149
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,430,262

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Central Minnesota Housing Partnership Inc has recieved totaling $5,000.

Awarding OrganizationAmount
Initiative Foundation

Little Falls, MN

PURPOSE: TO SUPPORT DEVELOPMENT OF A HOUSING PROJECT FOR INDIVIDUALS WITH MENTAL HEALTH ISSUES AND CRIMINAL HISTORIES.

$5,000
View Grant Recipient Profile

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