2026-03-30T10:05:01-05:00 2024-12-31 271375413 BWK Rogers PC 431 South 7th Street Suite 2424 Minneapolis MN 55415 990 2024-01-01 251918239 Build Wealth MN Inc BUIL 6128774182 1256 Penn Ave N 4400 Minneapolis MN 55411 David McGee Executive Director 6128774182 2026-03-30 1 1 Melissa J Baraibar P02464922 6123325446 2026-03-30 2024 2025-03-06 01:10:19Z X David McGee 1256 Penn Ave N 4400 Minneapolis MN 55411 12407940 0 X bwealthe.org X 2004 MN Build Wealth MN's (BWMN) mission is to empower underserved communities and populations in the Twin Cities metro area to achieve social and economic wealth through community, economic, and housing development. 5 5 23 4 0 0 7087759 7194749 513401 538137 116156 751185 0 -169383 7717316 8314688 0 286000 0 0 1819195 2015707 0 20212 194405 2428260 1354834 4247455 3676753 3469861 4637935 15423453 22543867 2984212 5466691 12439241 17077176 Build Wealth MN's (BWMN) mission is to empower underserved communities and populations in the Twin Cities metro area to achieve social and economic wealth through community, economic, and housing development. 0 0 2839907 286000 649521 Build Wealth Minnesota provides financial education, coaching/counseling, and affordable homeownership options. 2839907 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 9 0 1 23 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X The Organization 6128774182 1256 Penn Ave N 4400 Minneapolis MN 55411 Franklin Stovall Director 1.00 0.00 X 0 0 0 Loretta Smith Director 1.00 0.00 X 0 0 0 Rene Isuk Treasurer 1.00 0.00 X X 0 0 0 Rochelle Washington Secretary 1.00 0.00 X X 0 0 0 Monique Bulson-Bratton Chair 1.00 0.00 X X 0 0 0 David McGee Executive Director 40.00 0.00 X 497614 0 6101 Regina McGee Program Services Director 40.00 0.00 X 138516 0 0 Jeffery Robinson Senior Program Director 40.00 0.00 X 130747 0 0 Kylie Hong Underwriting Manager 40.00 0.00 X 126706 0 0 DasJohn McGee SPOO 40.00 0.00 X 113437 0 0 Demitri McGee Youth Director 40.00 0.00 X 112610 0 0 1119630 0 6101 6 0 1 0 0 80070 828357 6286322 7194749 Training Income 611710 202559 202559 Lending Revenue 522291 164430 164430 Processing Income 522100 129868 129868 Program Service Income 611710 41280 41280 538137 380544 380544 4222183 3851542 370641 370641 67457 303184 28400 80070 241710 -213310 -213310 Miscellaneous Revenue 900099 43927 43927 43927 8314688 649521 0 470418 90000 90000 196000 196000 497614 357916 99889 39809 1288685 924096 258827 105762 98944 65499 25884 7561 130464 82848 36826 10790 10785 10785 13266 13266 20212 20212 252719 251724 995 372585 372585 70010 2152 67858 18786 18786 136220 109113 21250 5857 16382 13930 817 1635 30027 30027 64637 51775 10083 2779 19930 19930 Provision for Loan Loss 208754 208754 Dues, Memberships, and 80159 22914 57245 0 Stipends/Donations 8663 8663 Bank Registration Fees 7321 7321 44590 44590 3676753 2839907 642441 194405 8937950 8128 12937802 3400000 2242397 12000 1744400 4133358 519641 354686 240213 164955 953234 147656 3045227 15423453 22543867 274912 131225 0 2510769 2600000 2600000 109300 224697 2984212 5466691 X 9039241 15052176 3400000 2025000 12439241 17077176 15423453 22543867 4637935 0 X 0 1 X 1 0 X 1292379 3782247 8361442 7087759 7194749 27718576 1292379 3782247 8361442 7087759 7194749 27718576 6587858 21130718 116156 380544 496700 28215276 2020990 0.74890 0.58310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 227490 99242 128248 292151 255444 36707 164955 Investment in Ground Floor LLC 1456418 ROU Asset 44697 Construction in Progress 1544112 3045227 Due to Others 180000 Operating Lease Liability 44697 224697 X 8314688 0 8314688 0 8314688 3676753 0 3676753 0 3676753 Part X, Line 2: The Organization's activities are generally exempt from federal and state income taxes under Section 501(c)(3) of the Internal Revenue Code. Since the Organization is exempt from federal and state income tax liability, no provision is made for current or deferred income tax expense. The Organization is not a private foundation. Management has determined that the Organization is not subject to unrelated business income tax. Management is not aware of any transactions that would impact the Organization's tax-exempt status. The Organization follows the guidance of the Accounting Standard Codification (ASC) 740, Accounting for Income Taxes, related to uncertainties in income taxes, which prescribes a threshold of more likely than not for recognition and derecognition of positions taken or expected to be taken in a tax return. For the years ended December 31, 2024 and 2023, management of the Organization is not aware of any material uncertain tax positions. All tax-exempt entities are subject to review and audit by federal, state and other applicable agencies. Such agencies may review the taxability of unrelated business income, or the qualification of the tax-exempt entity under the Internal Revenue Code and applicable state statutes. For federal tax purposes, the tax returns remain open for possible examination for a period of three years after the respective filing deadlines of those returns. X X X X X X 1 Fundraising Solutions by A&M 605 Jefferson Ave St Paul MN 55102 20th Anniversay Gala 0 54325 12212 42113 Auction Harmony 7409 Jolly Lane Brooklyn Park MN 55428 20th Anniversay Gala 0 54235 12500 41735 108560 24712 83848 MN Gala 108470 80070 28400 4891 119756 28400 17474 71189 108470 80070 28400 4891 119756 28400 17474 71189 241710 -213310 Schedule G, Part I, Line 2b, Column (v) Fundraising Solutions was contracted to provide event planning for the 20th Anniversary Gala. Auction Harmony was contracted to offer auction bidding, donation, and payment services for the 20th Anniversary Gala. 1 Model Cities of St Paul Inc 839 University Avenue W Saint Paul MN 55104 411687873 501(c)(3) 90000 0 Equities Partnership 1 0 Down Payment Assistance 7 196000 Part I, Line 2: Need a description X 0 0 0 0 0 0 0 0 0 David McGee Executive Director 497614 0 0 0 0 0 0 0 6101 0 503715 0 0 0 Part I, Line 3 The Board of Directors approves the compensation for the Executive Director. Davar McGee Family Member of Executive Director 41975 Compensation 0 Demitri McGee Family Member of Executive Director 112610 Compensation 0 D'Anyka McGee Family Member of Executive Director 15664 Compensation 0 DasJohn McGee Family Member of Executive Director 113437 Compensation 0 Regina McGee Family Member of Executive Director 138516 Compensation 0 Talana McGee Family Member of Executive Director 28314 Compensation 0 Form 990, Part VI, Section B, line 11b The Board of Directors reviews the Form 990. Form 990, Part VI, Section B, line 12c BWM is required to disclose any conflict of interest issues, and the Organization regularly monitors procedures to make sure compliance is enforced. Compliance is enforced through regular reviews by the Board of Directors. Form 990, Part VI, Section B, line 15 The compensation process is provided by the Executive Director, and the Board of Directors determines the compensation for the Executive Director and key employees. Form 990, Part VI, Section C, line 19 Governing documents can be reviewed upon request in the Organization's office. Ground Floor LLC 1256 Penn Ave N Minneapolis MN 55411 872356947 Commercial Rental MN Build Wealth Minnesota Related 106846 9756545 0 0 1.00000 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 Ground Floor LLC K 136220 Cash Paid