2026-02-20T08:17:47-06:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2024-07-01 811958719 TCHFH LENDING INC TCHF 6512071700 1954 UNIVERSITY AVENUE WEST SAINT PAUL MN 55104 ROBYN BIPES-TIMM PRESIDENT 6512071700 2026-02-18 1 1 ANN NEIL P01817922 6123764500 2026-02-18 2024 2025-03-06 01:10:19Z ROBYN BIPES-TIMM 1954 UNIVERSITY AVENUE WEST SAINT PAUL MN 55104 11251491 0 8545 X HTTPS://HOME.TCHABITAT.ORG/TCHFH-LENDING-INC X 2016 MN PROVIDING AFFORDABLE HOME MORTGAGES TO HELP THE UNDERSERVED ATTAIN HOMEOWNERSHIP 9 9 0 8 0 0 4015779 9737196 1183897 1305676 104985 194521 0 14098 5304661 11251491 1850832 2625836 0 0 896005 1224792 0 0 0 733874 809362 3480711 4659990 1823950 6591501 11409917 19881588 6599871 8480041 4810046 11401547 X THE MISSION OF TCHFH LENDING, INC. IS TO HELP THOSE UNDERSERVED BY THE TRADITIONAL MORTGAGE INDUSTRY ATTAIN HOMEOWNERSHIP THROUGH ITS AFFORDABLE MORTGAGE PROGRAM. 0 0 1845031 798400 0 TWIN CITIES HABITAT FOR HUMANITY IS THE SOLE MEMBER OF THE TCHFH LENDING INC. CORPORATION; TOGETHER THE TWO ORGANIZATIONS WORK IN PARTNERSHIP TO MAKE DECENT, AFFORDABLE HOMEOWNERSHIP POSSIBLE FOR LOW AND MODERATE INCOME HOUSEHOLDS ACROSS THE TWIN CITIES SEVEN-COUNTY METRO. TCHFH LENDING, INC. ORIGINATES AFFORDABLE MORTGAGES, SERVICES RESIDENTIAL MORTGAGE LOANS, AND PROVIDES DOWN PAYMENT AND CLOSING COST ASSISTANCE TO FIRST-TIME HOMEBUYERS. ITS PRIMARY PROGRAM IS TO FINANCE RESIDENTIAL MORTGAGES TO A TARGET MARKET OF LOW INCOME HOUSEHOLDS FOR THE PURCHASE OF A HABITAT-BUILT HOME OR A MOVE-IN READY HOME. THE ORGANIZATION WAS INCORPORATED IN FY16 AND CERTIFIED AS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION IN 2018. IN FY25, THE CDFI FINANCED $23 MILLION IN FIRST MORTGAGES SUPPORTING 113 FIRST TIME HOMEBUYERS. 1627836 1627836 0 TCHFH LENDING, INC. PROVIDES DOWN PAYMENT AND CLOSING COST ASSISTANCE GRANTS TO ELIGIBLE LOW-INCOME HOMEBUYERS AND FACILITATES THIRD-PARTY DOWN PAYMENT ASSISTANCE PROGRAMS AND SUBORDINATE LOANS. LOANS AND GRANTS WERE GIVEN TO 268 HOMEBUYERS IN FY25, INCLUDING 113 HABITAT CLIENTS AND 155 CLIENTS ACCESSING REGION-WIDE DPA PROGRAMS WHERE LENDING INC. ACTED AS ADMINISTRATOR OR DPA ORIGINATOR.TCHFH LENDING, INC. IS COMMITTED TO FOSTERING INCLUSIVE COMMUNITIES AND ADVANCING HOMEOWNERSHIP OPPORTUNITIES FOR ALL. TCHFH LENDING, INC. EXPANDED DOWN PAYMENT ASSISTANCE SUPPORT TOHOMEBUYERS BY PARTICIPATING IN TWO REGION-WIDE DOWN PAYMENT ASSISTANCE PROGRAMS. CLIENTS OUTSIDE OF THE TC HABITAT HOMEOWNERSHIP PROGRAM RECEIVED DPA SUPPORT IN THE FORM OF FORGIVABLE ANDREPAYABLE LOANS, AND POST-PURCHASE COACHING AND SAVINGS SUBSIDIES. THROUGH THESE PROGRAMS, 155 ADDITIONAL FIRST-TIME HOMEBUYERS WERE SUPPORTED IN PURCHASING THEIR FIRST HOME TO CREATE PATHWAYS TO LONG-TERM FINANCIAL STABILITY AND GENERATIONAL WEALTH. 786371 199600 1305676 TCHFH LENDING, INC. SERVICES RESIDENTIAL MORTGAGES IT ORIGINATES AND SERVICES EXISTING LOANS PREVIOUSLY ORIGINATED BY ITS PARENT ENTITY, TWIN CITIES HABITAT FOR HUMANITY, INC. THE ORGANIZATION SERVICED 1,450 LOANS IN FY25. 4259238 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 X 4 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 0 MN X X ELIZABETH FARRELL 6512071700 1954 UNIVERSITY AVENUE WEST SAINT PAUL MN 55104 DELINDA WASHINGTON BOARD CHAIR 0.50 1.00 X X 0 0 0 JONATHAN SAGE-MARTINSON BOARD VICE CHAIR 0.50 1.00 X X 0 0 0 ERIC SKALLAND DIRECTOR 0.50 1.00 X 0 0 0 ANNE BEHRENDT DIRECTOR 0.50 1.00 X 0 0 0 BRANDON BERG DIRECTOR 0.50 1.00 X 0 0 0 SCOTT HIETPAS DIRECTOR 0.50 1.00 X 0 0 0 BRUCE PARADIS DIRECTOR 0.50 1.00 X 0 0 0 KIRSTIN BURCH DIRECTOR 0.50 1.00 X 0 0 0 NICKI DONLON DIRECTOR 0.50 1.00 X 0 0 0 DEVON POHLMAN DIRECTOR 0.50 1.00 X 0 0 0 ROBYN BIPES-TIMM PRESIDENT 6.00 34.00 X 0 283554 69092 BETSY MILLS SECRETARY 16.00 24.00 X 0 153388 55433 0 436942 124525 0 0 1 0 0 1437899 1028100 7271197 653055 9737196 LOAN SERVICING REVENUE 623000 1305676 1305676 1305676 194521 194521 MISCELLANEOUS REVENUE 900099 14098 14098 14098 11251491 1305676 0 208619 998000 998000 1627836 1627836 158174 77919 80255 825490 667553 157937 16796 14264 2532 152142 123926 28216 72190 55345 16845 16868 16868 9248 9248 95228 95228 2458 2458 3375 3375 6498 6498 220175 183886 36289 21383 21383 LOAN SERVICING AND BANK 222699 221226 1473 PAYMENTS TO RELATED PAR 115266 47309 67957 MISCELLANEOUS EXPENSE 96164 96164 4659990 4259238 400752 0 3216454 3098599 652606 4188318 94061 199042 5048834 9375984 13486 14136 0 172000 2384476 2833509 11409917 19881588 51280 113672 2984197 2633237 3094245 5007982 470149 725150 6599871 8480041 X 4810046 10818519 583028 4810046 11401547 11409917 19881588 6591501 0 X 0 1 X 1 1 1 X X X 1 TWIN CITIES HABITAT FOR HUMANITY INC 363363171 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 LOAN SERVICING ASSET 2833509 2833509 DUE TO TWIN CITIES HABITAT FOR HUMANITY, INC. 725150 725150 X 11255241 3750 3750 11251491 0 11251491 4663740 3750 3750 4659990 0 4659990 PART X, LINE 2: THE ORGANIZATION HAS EXEMPT STATUS RELATIVE TO FEDERAL AND MINNESOTA CORPORATE INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND APPLICABLE STATE STATUTES. THE ORGANIZATION IS NOT A PRIVATE FOUNDATION AND CONTRIBUTIONS TO THE ORGANIZATION QUALIFY AS CHARITABLE TAX DEDUCTIONS BY THE CONTRIBUTOR. THE ORGANIZATION FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE ORGANIZATION AS A RESULT OF THE IMPLEMENTATION OF THIS STANDARD. THE ORGANIZATION'S RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. 1 A FRESH START 1420 N RIVERFRONT DR MANKATO MN 56001 881224700 501(C)(3) 10000 0 N/A N/A PROGRAM OPERATIONS BLACK MEN TEACH 370 WABASHA ST NORTH SUITE 660 SAINT PAUL MN 55102 831629682 501(C)(3) 20000 0 N/A N/A PROGRAM OPERATIONS BUILD WEALTH MN INC 2121 PLYMOUTH AVE N MINNEAPOLIS MN 55411 251918239 501(C)(3) 32000 0 N/A N/A PROGRAM OPERATIONS COMMUNITY NEIGHBORHOOD HOUSING SERVICES 1930 GLENWOOD AVE MINNEAPOLIS MN 55405 411386089 501(C)(3) 32000 0 N/A N/A PROGRAM OPERATIONS HABITAT FOR HUMANITY OF MINNESOTA INC 1954 UNIVERSITY AVENUE SAINT PAUL MN 55104 411889904 501(C)(3) 440000 0 N/A N/A PROGRAM OPERATIONS HELPING PAWS OF MN INC 6569 CITY WEST PKWY EDEN PRAIRIE MN 55344 411628876 501(C)(3) 80000 0 N/A N/A PROGRAM OPERATIONS MINNESOTA HOMEOWNERSHIP CENTER 1000 PAYNE AVE SAINT PAUL MN 55130 411741817 501(C)(3) 60000 0 N/A N/A PROGRAM OPERATIONS MN CDFI COALITION 119 GRAYSTONE PLAZA SUITE 100 DETROIT LAKES MN 565013034 410972298 501(C)(3) 40000 0 N/A N/A PROGRAM OPERATIONS MN HOUSING PARTNERSHIP 2446 UNIVERSITY AVE W SAINT PAUL MN 55114 411649643 501(C)(3) 20000 0 N/A N/A PROGRAM OPERATIONS NORTHSIDE ACHIEVEMENT ZONE 1964 N 2ND ST MINNEAPOLIS MN 55411 300238807 501(C)(3) 20000 0 N/A N/A PROGRAM OPERATIONS PEOPLE SERVING PEOPLE INC 614 3RD ST S MINNEAPOLIS MN 55415 411443148 501(C)(3) 10000 0 N/A N/A PROGRAM OPERATIONS PRG INC 2017 38TH ST E MINNEAPOLIS MN 55407 411280596 501(C)(3) 32000 0 N/A N/A PROGRAM OPERATIONS PROJECT FOR PRIDE IN LIVING 1021 EAST FRANKLIN AVENUE MINNEAPOLIS MN 55404 237232208 501(C)(3) 32000 0 N/A N/A PROGRAM OPERATIONS THREE RIVERS COMMUNITY ACTION 1414 NORTHSTAR DRIVE ZUMBROTA MN 55992 410906178 501(C)(3) 60000 0 N/A N/A PROGRAM OPERATIONS TWIN CITIES RISE 1301 BRYANT AVE N MINNEAPOLIS MN 55411 411761118 501(C)(3) 10000 0 N/A N/A PROGRAM OPERATIONS MINNESOTA COMMUNITY LAND TRUST COALITION 1041 SELBY AVENUE SAINT PAUL MN 55104 050617260 501(C)(3) 100000 0 N/A N/A PROGRAM OPERATIONS 16 0 DOWN PAYMENT AND CLOSING COST ASSISTANCE 113 1627836 N/A N/A PART I, LINE 2: THE ORGANIZATION HAS WRITTEN PROCEDURES TO VERIFY ELIGIBILITY FOR GRANTS. GRANT AMOUNTS ARE TRACKED AND REVIEWED ON AN ONGOING BASIS. 0 0 0 0 0 0 0 0 0 ROBYN BIPES-TIMM PRESIDENT 0 283554 0 0 0 0 0 11342 0 57750 0 352646 0 0 BETSY MILLS SECRETARY 0 153388 0 0 0 0 0 6136 0 49297 0 208821 0 0 PART I, LINE 3 THE ORGANIZATION'S PRESIDENT IS COMPENSATED BY TWIN CITIES HABITAT FOR HUMANITY, A RELATED ORGANIZATION. THE COMPENSATION REPORTED INCLUDED SERVICES FOR TWIN CITIES HABITAT FOR HUMANITY AND TCHFH LENDING INC. ANNUALLY, A COMPETITIVE MARKET ANALYSIS IS COMPLETED BY AN OUTSIDE CONSULTANT . THE SALARY FOR THE PRESIDENT IS INFORMED BY THIS MARKET ANALYSIS AND IS THEN SUBMITTED TO THE TCHFHF LENDING INC. BOARD FOR REVIEW AND APPROVAL. THIS PROCESS WAS LAST COMPLETED IN 2025. X BELOW MARKET RATE OF INTEREST ON LOAN 1 653055 FMV 0 0 0 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTORS IS BEING REPORTED. FORM 990, PART V, LINE 2A: TCHFH LENDING, INC. HAS A SHARED SERVICES AGREEMENT WITH TWIN CITIES HABITAT FOR HUMANITY TO ADMINISTER PAYROLL, WHICH INCLUDES PROCESSING AND ISSUING W-2'S FOR ITS EMPLOYEES. TCHFH LENDING, INC. HAD 12 W-2'S ISSUED ON ITS BEHALF IN THIS TAX PERIOD. ALL EMPLOYEES ARE EMPLOYED DIRECTLY BY TCHFH LENDING, INC. FORM 990, PART VI, SECTION A, LINE 6 TWIN CITIES HABITAT FOR HUMANITY, INC. IS THE PARENT AND SOLE MEMBER OF TCHFH LENDING, INC. FORM 990, PART VI, SECTION A, LINE 7A AT LEAST 51% OF THE BOARD MEMBERS OF TCHFH LENDING, INC. NEED TO ALSO BE BOARD MEMBERS OF THE PARENT. FORM 990, PART VI, SECTION A, LINE 7B TWIN CITIES HABITAT FOR HUMANITY, INC., THE SOLE MEMBER, MUST APPROVE ANY PROPOSED SALE OR TRANSFER OF TCHFH LENDING, INC. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B A FULL COPY OF THE 990 WILL BE REVIEWED BY TCHFH LENDING, INC.'S STAFF OFFICERS AND THEN PROVIDED TO ITS FULL BOARD FOR APPROVAL BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND REPORTING BOARD OF DIRECTOR AND KEY EMPLOYEE CONFLICTS ARE DESCRIBED IN THE GOVERNING DOCUMENTS, REVIEWED IN INITIAL TRAINING, UPDATED ANNUALLY AND KNOWN BY OTHER MEMBERS. PROTOCOL FOR CONFLICTED VOTES OR DECISIONS IS PROVIDED IN GOVERNING DOCUMENTS AND USED IN MEETINGS. CONFLICTED DECISIONS AT THE BOARD LEVEL REQUIRES ANNOUNCEMENT OF THE CONFLICT AND WITHDRAWAL FROM VOTING ON THE ISSUE. IF THE CONFLICT IS SIGNIFICANT, THE MEMBER WILL BE ASKED TO LEAVE THE MEETING DURING DISCUSSIONS. AT THE STAFF LEVEL, CONFLICTS ARE IDENTIFIED VIA CONFLICT STATEMENTS PROVIDED UPON EMPLOYMENT AND REGULARLY UPDATED. NOTICE IS GIVEN TO THE SUPERVISOR OF POSSIBLE CONFLICT ACTIVITIES. SIGNIFICANT OR COMPLEX CONFLICTS ARE EXAMINED AND RESOLVED BY THE EXECUTIVE STAFF. OPERATING DECISIONS WHICH ARE CONFLICTED ARE MADE BY STAFF SENIOR TO THE PARTY INVOLVED. ALL PROCEEDINGS ARE DOCUMENTED IN THE MEETING MINUTES OR AS OTHERWISE APPROPRIATE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. TWIN CITIES HABITAT FOR HUMANITY INC 1954 UNIVERSITY AVENUE WEST ST PAUL MN 55104 363363171 PROVIDE AND SUPPORT AFFORDABLE HOUSING MN 501(C)(3) LINE 7 N/A 0 0 1 1 0 1 0 0 0 0 0 0 1 1 1 1 1 1 0 1