GREATER FROGTOWN COMMUNITY DEVELOPMENT CORPORATION

EIN: 411804148 501(c)(3) Unknown

ST PAUL, MN

Total Revenue
$230,580
Total Expenses
$80,302
Total Assets
$2,709,728
Net Assets
$2,593,828
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
MN
Principal Officer
JASON PETERSON
Phone
6512928710
Tax Period
2023-10-01 to 2024-09-30

GREATER FROGTOWN COMMUNITY DEVELOPMENT CORPORATION, founded in 1995, is a small nonprofit in the Unknown sector that reported $231K in total revenue in fiscal year 2023. The organization ran a surplus of $150K, a strong 65% operating margin.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO TAKE A COMPREHENSIVE APPROACH TO DEVELOPMENT. IT WILL EMPHASIZE AFFORDABLE HOUSING DEVELOPMENT FOR LOW TO MODERATE INCOME RESIDENTS AND LEAD IN ECONOMIC DEVELOPMENT AND COMMUNITY BUILDING ACTIVITIES. GREATER FROGTOWN COMMUNITY DEVELOPMENT CORPORATION (GFCDC) IS A NON-PROFIT COMMUNITY DEVELOPMENT CORPORATION FORMED IN 1995 TO STRENGTHEN THE NEIGHBORHOODS IT SERVES BY DEVELOPING AND REHABILITATING HIGH QUALITY AFFORDABLE HOUSING. GFCDC PRIMARILY WORKS IN THE FROGTOWN NEIGHBORHOOD OF THE CITY OF ST. PAUL.

Program Service Accomplishments

Program 1
Expenses: $80,302 Revenue: $0

FOR OVER 25 YEARS, GREATER FROGTOWN CDC HAS SUBSTANTIALLY RENOVATED VACANT HOMES AND BUILT NEW HOMES ON VACANT LOTS WHICH WE HAVE SOLD TO LOW-TO-MODERATE INCOME FAMILIES, AS DEFINED BY HUD. OVER THAT...

Read more

FOR OVER 25 YEARS, GREATER FROGTOWN CDC HAS SUBSTANTIALLY RENOVATED VACANT HOMES AND BUILT NEW HOMES ON VACANT LOTS WHICH WE HAVE SOLD TO LOW-TO-MODERATE INCOME FAMILIES, AS DEFINED BY HUD. OVER THAT TIME, WE HAVE DEVELOPED OVER 170 HOMES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,142,861
Program Service Revenue $0
Investment Income $-962,181
Other Revenue $49,900
TOTAL REVENUE $230,580

Expense Breakdown

Grants Paid $0
Salaries & Benefits $78,160
Fundraising Expenses $0
Program Expenses $80,302
Other Expenses $2,142
TOTAL EXPENSES $80,302

Year-over-Year Comparison

2023 2022 Change
Revenue $230,580 N/A N/A
Expenses $80,302 $80,068 +0.0%
Net Income $150,278 $-80,068 -2.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
16
Independent Members
16
Employees
N/A
Volunteers
15

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
9
$420,152
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK NETTESHEIM CHAIR 2.00
Officer Director
$0 $0 $0
MICHAEL MORRELL CHAIR 2.00
Officer Director
$0 $0 $0
JOEL ISENBERGER VICE CHAIR 2.00
Officer Director
$0 $0 $0
KRISSI MILLS VICE CHAIR 2.00
Officer Director
$0 $0 $0
KATELYN SHEHU TREASURER 2.00
Officer Director
$0 $0 $0
DAVID ZASTROW SECRETARY 2.00
Officer Director
$0 $0 $0
SONDRA BRENEMAN DIRECTOR 1.00
Director
$0 $0 $0
KAELA SEAY DIRECTOR 1.00
Director
$0 $0 $0
KEVIN KNASE DIRECTOR 1.00
Director
$0 $0 $0
MAI LEE YANG DIRECTOR 1.00
Director
$0 $0 $0
RANDY NELSON DIRECTOR 1.00
Director
$0 $0 $0
BRIAN DEPPE DIRECTOR 1.00
Director
$0 $0 $0
MIKE SCHOKMILLER DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM FLOWERS DIRECTOR 1.00
Director
$0 $0 $0
JUSTINE LOGELIN DIRECTOR 1.00
Director
$0 $0 $0
JEN JENG DIRECTOR 1.00
Director
$0 $0 $0
ASHLYN CRAWFORD DIRECTOR 1.00
Director
$0 $0 $0
JUSTIN HOULE DIRECTOR 1.00
Director
$0 $0 $0
JOE CHOW DIRECTOR 1.00
Director
$0 $0 $0
JASON PETERSON EXECUTIVE DIRECTOR 0.25
Officer
$0 $22,385 $178,502
KJIRSTEN JOHNSON CFO 0.25
Officer
$0 $22,154 $137,470
BETH HYSER CPO 2.00
Officer
$0 $6,005 $104,180
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $230,580 $80,302 $2,709,728 $150,278
2023 No data $80,068 $2,966,501 No data
2022 $186,411 $224,633 $2,844,870 $-38,222
2021 $375,000 $393,003 $510,129 $-18,003
2020 $553,121 $537,058 $1,183,593 $16,063
2019 $739,831 $770,764 $865,461 $-30,933
2018 $325,000 $383,707 $860,080 $-58,707
Explore More Nonprofits
→Top 100 Nonprofits in Minnesota →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare GREATER FROGTOWN COMMUNITY DEVELOPMENT CORPORATION with other nonprofits in Minnesota and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.