2023-07-13T11:57:40-04:00 2022-12-31 411629155 HINRICHS & ASSOCIATES LTD 1000 SHELARD PKWY STE 110 MINNEAPOLIS MN 55426 990 2022-01-01 251918239 BUILD WEALTH MN INC BUIL 6128774182 1256 PENN AVE N MINNEAPOLIS MN 55411 DAVID MCGEE EXECUTIVE DIRECTOR 6128774182 2023-06-20 DAVID MCGEE 999009999 false NATHAN D MEINZ P01258205 9525428010 2023-07-13 2022 2023-04-26 12:10:37Z DAVID MCGEE 1256 PENN AVE N MINNEAPOLIS MN 55411 8653347 false X X 2004 MN HELP FAMILIES AND COMMUNITIES BUILD SOCIAL AND ECONOMIC WEALTH BY PROVIDING COMPREHENSIVE VALUE BASED FINANCIAL EDUCATION, TRAINING, TECHNICAL ASSISTANCE, AFFORDABLE HOUSING OPPORTUNITIES, AND ACCESS TO DEVELOPMENTAL FINANCIAL PRODUCTS AND SERVICES IN COLLABORATION WITH OTHER PUBLIC AND PRIVATE COMMUNITY PARTNERS. 5 5 16 4 0 3782247 8361442 220491 291905 0 0 4002738 8653347 0 0 795638 1604842 0 81794 509298 2478578 1304936 4083420 2697802 4569927 4473899 11576662 74446 2607282 4399453 8969380 X PROVIDE FAMILIES AND INDIVIDUALS WITH DEVELOPMENTAL PRODUCTS AND SERVICES WHICH INCLUDE FAVORABLE FINANCING, EDUCATION, FINANCIAL LITERACY TRAINING, TECHNICAL ASSISTANCE, ACCESS TO RESOURCES TO EMPOWER THEM TO BECOME SELF SUFFICIENT.HELPING THEM ACCESS AFFORDABLE HOUSING OPPORTUNITIES, WORKFORCE READINESS, SMALL BUSINESS DEVELOPMENT TECHNICAL ASSISTANCE, SERVICES TO BUILD ASSETS, FINANCIAL CAPABILITY & WEALTH. COLLABORATE WITH COMMUNITY PARTNERS TO EXPAND ACCESS TO RESOURCES AND OPPORTUNITIES TO THE UNDERSERVED. false false 3531856 PROVIDE FAMILIES AND INDIVIDUALS WITH DEVELOPMENTAL PRODUCTS AND SERVICES WHICH INCLUDE FAVORABLE FINANCING, EDUCATION, FINANCIAL LITERACY TRAINING, TECHNICAL ASSISTANCE, ACCESS TO RESOURCES TO EMPOWER THEM TO BECOME SELF SUFFICIENT. HELPING THEM ACCESS AFFORDABLE HOUSING OPPORTUNITIES, WORKFORCE READINESS, SMALL BUSINESS DEVELOPMENT TECHNICAL ASSISTANCE, SERVICES TO BUILD ASSETS, FINANCIAL CAPABILITY & WEALTH. COLLABORATE WITH COMMUNITY PARTNERS TO EXPAND ACCESS TO RESOURCES AND OPPORTUNITIES TO THE UNDERSERVED. 3531856 true true false false false false false false false false true false false false true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 7 0 true 16 true false false false false false false false false X 5 5 false false false false false false false true true false false true true true true true true true true false MN X DAVID MCGEE 6128774182 1256 PENN AVE N MINNEAPOLIS MN 55411 DAVID MCGEE EXECUTIVE DI 50.00 X 419664 0 0 MONIQUE BULSON-BRATTON DIRECTOR 1.00 X 0 0 0 FRANKLIN STOVALL DIRECTOR 1.00 X 0 0 0 LORETTA SMITH DIRECTOR 1.00 X 0 0 0 RENE ISUK DIRECTOR 1.00 X 0 0 0 ROCHELLE WASHINGTON DIRECTOR 1.00 X 0 0 0 419664 1 false true false 1014500 7346942 8361442 PROCESSING FEES 154998 154998 LENDING REVENUE 76042 76042 MISCELLANEOUS 28049 28049 PROGRAM SERVICE FEES 17799 17799 TRAINING 14450 14450 567 567 291905 8653347 291905 1476273 1184078 230229 61966 42413 36817 2112 3484 86156 69019 13503 3634 6925 6925 6029 6029 28224 28224 26879 21109 4546 1224 12451 12451 118237 90093 22175 5969 25312 25312 7904 7904 71676 57448 11211 3017 21895 21895 GRANTS - P/S 1310302 1310302 CONTRACT AND CONSULTING S 323081 283048 37533 2500 PROVISION FOR LOAN LOSS - 273758 273758 INVESTMENT IN GROUND FLOO 66021 66021 179884 138715 41169 4083420 3531856 469770 81794 2397484 2175236 675000 4075000 34572 117500 4028242 507005 217299 336395 289706 908948 837078 4000 171400 4473899 11576662 74446 239882 2000000 367400 74446 2607282 X 4278953 8969380 120500 4399453 8969380 4473899 11576662 4569927 X false true X true false X 890027 1367018 1292379 3782247 8361442 15693113 890027 1367018 1292379 3782247 8361442 15693113 4787992 10905121 160753 273039 229516 220491 291905 1175704 16868817 741912 0.64650 0.60780 X PART II, LINE 10 1,175,704 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 507005 217299 289706 289706 UNASSIGNED MINNESOTA HOUSING CRV 200000 OPERATING LEASE LIABILITY, LONG TERM 109300 OPERATING LEASE LIABILITY, CURRENT 58100 367400 X X false false false false false false false false false DAVID MCGEE EXECUTIVE DIRECTOR 219664 200000 419664 FORM 990 - ORGANIZATION'S MISSION PROVIDE FAMILIES AND INDIVIDUALS WITH DEVELOPMENTAL PRODUCTS AND SERVICES WHICH INCLUDE FAVORABLE FINANCING, EDUCATION, FINANCIAL LITERACY TRAINING, TECHNICAL ASSISTANCE, ACCESS TO RESOURCES TO EMPOWER THEM TO BECOME SELF SUFFICIENT.HELPING THEM ACCESS AFFORDABLE HOUSING OPPORTUNITIES, WORKFORCE READINESS, SMALL BUSINESS DEVELOPMENT TECHNICAL ASSISTANCE, SERVICES TO BUILD ASSETS, FINANCIAL CAPABILITY & WEALTH. COLLABORATE WITH COMMUNITY PARTNERS TO EXPAND ACCESS TO RESOURCES AND OPPORTUNITIES TO THE UNDERSERVED. FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD OF DIRECTORS WILL REVIEW THE FORM 990 BEFORE IT IS FILED. FORM 990, PAGE 6, PART VI, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY FOR EACH BOARD MEMEBER. FORM 990, PAGE 6, PART VI, LINE 15A THE PROCESS FOR DETERMINING THE COMPENSATION FOR THE ORGANIZATIONS CEO IS COMPOSED OF INPUT FROM AN INDEPENDENT COMPENSATION CONSULTANT, A COMPENSATION SURVEY FOR SIMILAR ORGANIZATIONS AND INPUT AND APPROVAL BY THE BOARD. FORM 990, PAGE 6, PART VI, LINE 15B PERFORMANCE EVALUATIONS ON STAFF ARE DONE ANNUALLY. ALTHOUGH NOT DIRECTLY TIED TO COMPENSATION, THEY ARE CERTAINLY RELEVANT TO THE COMPENSATION DECISION PROCESS. ALL PERFORMANCE EVALUATIONS ARE HANDED TO THE EXECUTIVE DIRECTOR AND REVIEWED BY HIM AND THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 ALL GOVERNING DOCUMENTS OF THE ORGANIZATION, INCLUDING FEDERAL FORM 990, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS CAN BE REVIEWED BY CONTACTING: BUILD WEALTH MN, INC AT 2121 PLYMOUTH AVE N., MINNEAPOLIS, MN 55411.