2011-06-07T13:53:23-05:00 2010-12-31 HLB TAUTGES REDPATH LTD 4810 WHITE BEAR PARKWAY WHITE BEAR LAKE MN 55110 990 2010-01-01 411741817 MINNESOTA HOME OWNERSHIP CENTER MINN 6516599336 1000 PAYNE AVENUE NO 200 ST PAUL MN 55130 JULIE GUGIN 6516599336 2011-05-25 1 THOMAS W HODNEFIELD CPA 6514267000 2011-05-25 2010 2016-02-24 21:20:13Z JULIE GUGIN 1000 PAYNE AVENUE NO 200 ST PAUL MN 55130 2698823 0 X WWW.HOCMN.ORG X 1993 MN THE MINNESOTA HOME OWNERSHIP CENTER IS A NON-PROFIT INTERMEDIARY DEDICATED TO HELPING MINNESOTANS WITH LOW AND MODERATE INCOMES TO PURCHASE AND MAINTAIN HOMES. THE CENTER PROVIDES TRAINING, CERTIFICATIOIN, CURRICULUM AND SUPPORT PRODUCTS, TECHNICAL ASSISTANCE, DATA COLLECTION TOOLS, FUNDING AND OVERSIGHT FOR A NETWORK OF MORE THAN 50 ORGANIZATIONS SERVING RESIDENTS OF MINNESOTA. 23 23 8 0 0 0 2820362 2600936 29164 53823 10261 7478 37 2443 2859824 2664680 0 0 0 0 533744 574857 12438 10738 44700 1732344 1964700 2278526 2550295 581298 114385 2611123 2898109 507228 679829 2103895 2218280 X THE MINNESOTA HOME OWNERSHIP CENTER PROMOTES AND ADVANCES SUCCESSFUL HOME OWNERSHIP IN MINNESOTA. 0 0 2377163 56266 THE MINNESOTA HOME OWNERSHIP CENTER IS A NON-PROFIT INTERMEDIARY ORGANIZATION DEDICATED TO HELPING MINNESOTANS WITH LOW AND MODERATE INCOMES TO PURCHASE AND MAINTAIN HOMES. FUNDING ORGANIZATIONS INCLUDE FOUNDATIONS, REAL ESTATE AND MORTGAGE FINANCE INSTITUTIONS, GOVERNMENT AGENCIES AND OTHER INDUSTRY STAKEHOLDERS DEDICATED TO INCREASING ACCESS AND OPPORTUNITY TO AFFORDABLE AND SUSTAINABLE HOME OWNERSHIP. AS AN INTERMEDIARY, THE CENTER PROVIDES TRAINING AND CERTIFICATION, CURRICULUM AND SUPPORT PRODUCTS, TECHNICAL ASSISTANCE, DATA COLLECTION TOOLS, FUNDING AND OVERSIGHT FOR A NETWORK OF MORE THAN 50 COMMUNITY-BASED ORGANIZATIONS SERVING RESIDENTS OF MINNESOTA. THESE SERVICE DELIVERY PARTNERS PROVIDE COMPREHENSIVE HOMEOWNER EDUCATION AND COUNSELING TO PROSPECTIVE AND EXISTING HOMEOWNERS WITH LOW AND MODERATE INCOMES. TARGET POPULATIONS INCLUDE PEOPLE OF COLOR, IMMIGRANTS, AND OTHERS WHO HAVE TRADITIONALLY HAD DIFFICULTY PURCHASING AND MAINTAINING HOMES, SUCH AS PEOPLE WITH DISABILITIES AND SINGLE FEMALE-HEADED HOUSEHOLDS. 2377163 1 1 0 1 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 12 0 8 1 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X THE ORGANIZATION 6516599336 1000 PAYNE AVENUE NO 200 ST PAUL MN 55130 MIKE HALEY 0.60 X X 0 0 0 VICKI SHIPLEY 0.50 X X 0 0 0 DAVID LINDSTROM 0.50 X X 0 0 0 DAVID L EIDE 0.40 X X 0 0 0 JERRY BOARDMAN 0.20 X 0 0 0 MARILYN BRUIN 0.50 X 0 0 0 JOE COLLINS 0.20 X 0 0 0 JIM ERCHUL 0.50 X 0 0 0 MUFFIE GABLER 0.30 X 0 0 0 KAREN GAJESKI 0.50 X 0 0 0 CHRIS GALLER 0.30 X 0 0 0 JACQUELINE KING 0.20 X 0 0 0 REPA MEKHA 0.30 X 0 0 0 STEPHANIE OMERSA VERGIN 0.40 X 0 0 0 ROBIN PETERSON 0.20 X 0 0 0 ELFRIC PORTE 0.30 X 0 0 0 JIM ROTH 0.30 X 0 0 0 JORGE SAAVEDRA 0.20 X 0 0 0 BILL SARVELA 0.50 X 0 0 0 TODD SIPE 0.20 X 0 0 0 JOAN TRAHAM 0.50 X 0 0 0 NICOLA VIANA 0.20 X 0 0 0 LOWELL YOST 0.20 X 0 0 0 JULIE GUGIN 40.00 X 99050 0 8714 99050 0 8714 0 0 0 0 COMMUNITY ACTION PARTNERSHIP OF SUBURBAN 33 TENTH AVE S HOPKINS MN 55343 COUNSELING SERVICES 243554 TWIN CITIES HABITAT FOR HUMANITY INC 3001 4TH ST SE MINNEAPOLIS MN 55414 COUNSELING SERVICES 235723 NEDA 481 S WABASHA STREET ST PAUL MN 55107 COUNSELING SERVICES 158082 DAKOTA COUNTY CDA 1228 TOWN CENTRE DRIVE EAGAN MN 55123 COUNSELING SERVICES 136841 4 1602759 998177 13250 2600936 TRAINING FEES 541900 42854 42854 LOAN REPAYMENT 624200 10969 10969 53823 11398 11398 4480 8400 -3920 -3920 -3920 28186 25743 2443 2443 2664680 56266 0 7478 108193 30414 48037 29742 368177 352885 15292 24831 23645 1186 36520 33536 2984 37136 31738 4017 1381 14943 13058 1885 34089 11607 21665 817 10738 10738 219811 219386 425 45558 41516 3140 902 4601 4356 245 8803 7906 617 280 36782 33242 3225 315 589 589 16928 16928 5660 5660 HOME OWNERSHIP COUNSELI 1530908 1530908 0 0 FORECLOSURE PREVENTION 28772 28772 0 0 MISCELLANEOUS 17256 14194 2962 100 2550295 2377163 128432 44700 497862 2117813 1976383 223500 70500 205251 286619 26018 25860 2004 4006 104413 67534 36537 36879 2611123 2898109 477361 659036 17683 11855 12184 8938 507228 679829 X 1043400 1338101 1060495 880179 2103895 2218280 2611123 2898109 114385 X 0 1 1 X 0 X 1152469 1855826 3192258 2820362 2600936 11621851 1152469 1855826 3192258 2820362 2600936 11621851 1459555 10162296 16826 24174 23295 10261 11398 85954 11707805 356535 0.86800 0.82660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 EXPLANATION OF OTHER LOBBYING ACTIVITIES: PART II-B, LINE 1I: AN ATTORNEY WAS ENGAGED AS A LOBBYIST FOR MN HOC DURING 2010. HE WAS AT THE LEGISLATURE ON HIS NORMAL COURSE OF BUSINESS AND WAS FOLLOWING A PIECE OF LEGISLATION THAT WAS OF INTEREST TO MN HOC. EVERYTHING WENT AS THE MN HOC WAS HOPING SO HE SPENT NO TIME ON THIS MATTER. THEREFORE NOTHING WAS BILLED TO MN HOC FOR HIS TIME AND NO LOBBYING COSTS WERE INCURRED. 0 1 12436 12436 0 91977 55098 36879 36879 2664680 2550295 114385 0 114385 2750585 60162 60162 2690423 -25743 -25743 2664680 2636200 60162 25743 85905 2550295 0 2550295 PART IV, LINE 2B: THE CENTER ENTERED INTO A FUNDS MANAGEMENT AGREEMENT WITH THE PLANNING GROUP REPRESENTING AFFORDABLE HOMES CONGRESS. THE CENTER ESTABLISHED A CHECKING ACCOUNT, MAINTAINED ACCOUNTS PAYABLE AND ACCOUNTS RECEIVABLE, AND RECONCILED BANK STATEMENTS MONTHLY. AT NO TIME WILL MINNESOTA HOME OWNERSHIP CENTER BE OBLIGATED TO ADVANCE OR PROVIDE FUNDS TO SUPPORT THE PLANNING GROUP. PART XII, LINE 4B: COST OF GOODS SOLD REPORTED AS EXPENSE ON FINANCIAL STATEMENTS AND REPORTED IN INVENTORY SALES COST ON 990. PART XIII, LINE 2D: COST OF GOODS SOLD REPORTED AS EXPENSE ON FINANCIAL STATEMENTS AND REPORTED AS INVENTORY SALES COST ON 990. FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE COMMITTEE IS AUTHORIZED TO REVIEW AND APPROVE THE FORM 990. THE FORM IS SHARED WITH ALL BOARD MEMBERS VIA EMAIL. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, AT THE FIRST MEETING OF THE BOARD OF DIRECTORS, ALL BOARD MEMBERS AND EMPLOYEES COMPLETE A CONFLICT OF INTEREST STATEMENT AND DISCLOSURE OF BUSINESS AND FAMILY RELATIONSHIPS FORM. THE EXECUTIVE COMMITTEE REVIEWS ALL FORMS FOR POTENTIAL CONFLICTS OF INTEREST AND DETERMINES THE PROPER COURSE OF ACTION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS DETERMINED BASED ON THE ROLES AND RESPONSIBILITIES ASSOCIATED WITH EACH POSITION USING THE LATEST AVAILABLE EDITION OF THE MINNESOTA NONPROFIT SALARY AND BENEFITS SURVEY AS A GUIDE. JOB DESCRIPTIONS ARE UPDATED ANNUALLY. THE EXECUTIVE COMMITTEE DETERMINES THE SALARY OF THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR DETERMINES THE SALARY OF ALL OTHER EMPLOYEES. THE ORGANIZATION'S BENEFITS PACKAGE IS DETERMINED BY THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S BY-LAWS, ARTICLES OF INCORPORATION, CONFLICT OF INTEREST FORM, FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE CONSIDERED PUBLIC DOCUMENTS. THE ADMINISTRATIVE ASSISTANT, IN CONJUNCTION WITH THE EXECUTIVE DIRECTOR, MANAGES ALL REQUESTS FOR COPIES.