Twin Cities-metro Certified Development
TO STIMULATE PRIVATE SECTOR INVESTMENT BY PROVIDING FUNDING FOR SMALL BUSINESS EXPANSIONS IN MINNESOTA AND WESTERN WISCONSIN THROUGH THE UTILIZATION OF THE SMALL BUSINESS ADMINISTRATION'S 504 LOAN PROGRAM.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$7.4M
+1.5% YoY
Annual Giving
$100K
+0.0% YoY
Grant Count
5
+0.0% YoY
Avg Grant Size
$20K
+0.0% YoY
Go deeper than public filings
PRO- Giving trend analysis — growing or declining?
- Organizations like yours that won grants here
- Strategic fit assessment for your organization
- Application timing recommendations
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,429,184 | $7,320,907 | $7,176,468 |
| Revenue | $3,600,147 | $3,331,044 | $3,463,785 |
| Expenses | $3,682,503 | $3,585,188 | $3,232,304 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $152,036 | $80,937 | $44,926 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Twin Cities-metro Certified Development fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
- Similar orgs that won grants here
- GrantGraph™ relationship mapping
- 11M+ connections in GrantGraph™
Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PETE INGEBRAND | PRESIDENT | 45 | $343,762 |
| PAUL LAMBERT | SECRETARY/SENIOR VICE PRESIDENT | 45 | $196,711 |
| JIM LOUWAGIE | BOARD MEMBER/CHAIR | 2.5 | $4,405 |
| KEVIN MAAS - BOARD MEMBER | TREASURER/SECRETARY | 2.5 | $4,020 |
| BRAD BENESH | BOARD MEMBER | 1.5 | — |
| MIKE BRASS | BOARD MEMBER | 1.5 | $1,805 |
| JONATHAN DOLPHIN | BOARD MEMBER | 1.5 | $2,015 |
| CAROL MALONEY | BOARD MEMBER | 1.5 | $1,945 |
| ROYCE NELLIGAN | BOARD MEMBER | 2.5 | $3,340 |
| SHELLEY PETERSON | BOARD MEMBER | 1.5 | $1,910 |
| STEVE POWELL | BOARD MEMBER | 1.5 | — |
| MIKE SCHOLL | BOARD MEMBER | 1.5 | — |
| LEVI SMITH | BOARD MEMBER | 1.5 | $1,805 |
| BRYAN TOFT | BOARD MEMBER | 1.5 | $1,945 |
| DAVID WASMUTH | BOARD MEMBER | 2.5 | $4,875 |
| DENNIS WELCH | BOARD MEMBER | 2.5 | $5,800 |
| DEBORAH GUSTAFSON | SENIOR LENDER/SENIOR VICE PRESIDENT | 45 | $260,034 |
| SHEIL NELSON | SENIOR LENDER | 45 | $214,788 |
| MICHAEL KINNINGER | LOAN OFFICER | 45 | $165,473 |
| MELISSA MILLER | LOAN OFFICER | 45 | $153,060 |
| MICHAEL KINDERMAN | LOAN OFFICER | 45 | $143,672 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
What could you do with Twin Cities-metro Certified Development on Grantable?
- Assess strategic fit with your organization
- Get AI-generated opportunity briefs
- Monitor for new funding opportunities
- Draft a tailored letter of inquiry