2026-09-08T08:44:01-05:00 2025-12-31 411534805 CARPENTER EVERT & ASSOCIATES LTD 7760 FRANCE AVE S SUITE 940 BLOOMINGTON MN 55435 990 2025-01-01 993615471 GROUNDBREAK COALITION GROU 6516599336 800 IDS CENTER 80 S 8TH STREET MINNEAPOLIS MN 55402 ADAIR MOSLEY CEO 6516599336 2026-09-04 1 NEAL EVERT P00046853 9528310085 2026-09-04 2025 X ADAIR MOSLEY 800 IDS CENTER 80 S 8TH STREET MINNEAPOLIS MN 55402 28213617 0 X GROUNDBREAKCOALITION.ORG X 2024 MN GROUNDBREAK COALITION WILL WORK TO FOSTER AND PROMOTE A MORE INCLUSIVE, JUST, EQUITABLE, AND CLIMATE-READY FUTURE BY, AMONG OTHER THINGS, DEVELOPING, SUPPORTING, AND APPLYING TRANSFORMATIONAL SOLUTIONS DESIGNED TO ADDRESS PRESSING SOCIETAL, ECONOMIC AND ENVIRONMENTAL CHALLENGES FACED BY VULNERABLE AND OTHER DISADVANTAGED POPULATIONS, INCLUDING THOSE WHO HAVE FACED HISTORIC DISCRIMINATION AND EXCLUSION, AND ACCELERATE COMMUNITY DEVELOPMENT IN THE MINNEAPOLIS-ST. PAUL, MINNESOTA REGION AND BEYOND THROUGH GRANTMAKING, EDUCATIONAL ACTIVITIES, AND INNOVATIVE FUNDING MECHANISMS. 10 10 4 40 0 0 25154702 26939928 0 0 350184 1273689 0 0 25504886 28213617 1590000 13330000 0 0 0 195998 0 0 126273 1790127 11558493 3380127 25084491 22124759 3129126 25997809 34089361 873050 5835476 25124759 28253885 X GROUNDBREAK COALITION WILL WORK TO FOSTER AND PROMOTE A MORE INCLUSIVE, JUST, EQUITABLE, AND CLIMATE-READY FUTURE BY, AMONG OTHER THINGS, DEVELOPING, SUPPORTING, AND APPLYING TRANSFORMATIONAL SOLUTIONS DESIGNED TO ADDRESS PRESSING SOCIETAL, ECONOMIC AND ENVIRONMENTAL CHALLENGES FACED BY VULNERABLE AND OTHER DISADVANTAGED POPULATIONS, INCLUDING THOSE WHO HAVE FACED HISTORIC DISCRIMINATION AND EXCLUSION, AND ACCELERATE COMMUNITY DEVELOPMENT IN THE MINNEAPOLIS-ST. PAUL, MINNESOTA REGION AND BEYOND THROUGH GRANTMAKING, EDUCATIONAL ACTIVITIES, AND INNOVATIVE FUNDING MECHANISMS. 0 0 22505445 13330000 IN 2025 GROUNDBREAK COALITION DEPLOYED $6.8M IN FUNDS TO LEVERAGE AN ADDITIONAL $39M IN FUNDS FROM OUR BANKING PARTNERS AND OTHER COMMUNITY ORGANIZATIONS. THROUGH OUR HOMEOWNERSHIP PROGRAM THESE FUNDS FACILITATED THE PURCHASE OF 108 HOMES FOR NEW HOMEOWNERS. THEY ALSO HELPED 15 EARLY-STAGE AND GROWTH BUSINESSES GAIN ACCESS TO WORKING CAPITAL TO START AND GROW THEIR BUSINESSES. WE ALSO WORK WITH COMMUNITY DEVELOPERS TO INVEST IN NEW COMMERCIAL DEVELOPMENTS IN COMMUNITIES WHERE TRADITIONAL LENDING HAS BEEN SLOW TO GO. WE CLOSED 1 DEVELOPMENT DEAL IN 2025, WITH PLANS FOR MANY MORE IN 2026. 22505445 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 31 0 1 4 1 0 0 0 0 0 0 0 0 0 0 X 10 10 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 800 IDS CENTER 80 S 8TH STREET MINNEAPOLIS MN 55402 RT RYBAK DIRECTOR 1.00 X 0 0 0 TONYA ALLEN CHAIR 3.00 X X 0 0 0 SUSAN BASS ROBERTS SECRETARY 2.00 X X 0 0 0 DONALD DENNIS DIRECTOR 1.00 X 0 0 0 JEN FORD REEDY DIRECTOR 1.00 X 0 0 0 PETER FROSCH DIRECTOR 1.00 X 0 0 0 SUZETTE HUOVINEN TREASURER 2.00 X X 0 0 0 TIM WELSH DIRECTOR 1.00 X 0 0 0 JIM ZAPPA DIRECTOR 1.00 X 0 0 0 JENNIFER HO DIRECTOR 1.00 X 0 0 0 ADAIR MOSLEY CEO 40.00 X 116651 0 6192 116651 0 6192 1 0 0 0 MORGAN LEWIS & BOCKIUS LLP PO BOX 8500 S - 6050 PHILADELPHIA PA 19178 LEGAL SERVICES-CONTRACTS AND ENTITY FORM 457831 ALLEYNE MATLOCK AND ASSOCIATES LLC 1455 MACKUBIN STREET SAINT PAUL MN 55117 COMMUNICATIONS SUPPORT 154000 DIAKONIA CONSULTING LLC 2309 CHEVERLY AVE CHEVERLY MD 20785 FINANCIAL SYSTEMS CONSULTING 135670 3 26939928 26939928 1273689 1273689 28213617 0 0 1273689 X 13330000 13330000 195998 175516 20482 591232 591232 77650 77650 3487491 1070072 2291146 126273 22476 20127 2349 14073 12602 1471 35483 31775 3708 40203 36002 4201 DISCOUNT EXPENSE ON NOT 6844052 6844052 BANK FEES 425063 380644 44419 DUES AND SUBCRIPTIONS 12508 12508 MISCELLANEOUS 8262 915 7347 25084491 22505445 2452773 126273 21841424 29210306 4135302 3165820 1624787 21083 88448 25997809 34089361 619886 1800000 3415590 873050 0 873050 5835476 X 17212790 23902090 7911969 4351795 25124759 28253885 25997809 34089361 3129126 0 X X 0 1 X 1 0 X 25154702 23355518 48510220 25154702 23355518 48510220 19474574 29035646 350184 1273689 1623873 50134093 3584410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30000 30000 25032491 25062491 1000000 250000 0 0 319006 1000000 1319006 1978509 10000 30000 40000 79752 250000 329752 494628 PART II-B, LINE 1: TO INFLUENCE THE MN HOUSE AND SENATE TO APPROPRIATE ADDITIONAL MONEY FOR HOUSING AFFORDABILITY AND ENTREPRENEUR SUPPORT IN MN. 0 28213617 0 28213617 0 28213617 25084491 0 25084491 0 25084491 X X X 0 PETERSON CONSULTANTS 2080 MARY HILLS DRIVE MINNEAPOLIS MN 55422 2080 MARY HILLS DRIVE 0 75000 0 75000 75000 75000 MN 0 TCHFH LENDING INC 1954 UNIVERSITY AVENUE W ST PAUL MN 55104 811958719 501(C)(3) 8760000 0 SUPPORT OF GROUNDBREAK COALITION PROGRAM NEIGHBORHOOD DEVELOPMENT CENTER 625 UNIVERSITY AVENUE W ST PAUL MN 55104 411738791 501(C)(3) 1150000 0 SUPPORT OF GROUNDBREAK COALITION PROGRAM NEON 1007 WEST BROADWAY AVENUE N MINNEAPOLIS MN 55411 800163521 501(C)(3) 985000 0 SUPPORT OF GROUNDBREAK COALITION PROGRAM LANDBANK TWIN CITIES 2515 WABASH AVENUE SUITE 150 ST PAUL MN 55114 611756962 501(C)(3) 835000 0 SUPPORT OF GROUNDBREAK COALITION PROGRAM FORTIS CAPITAL 333 WASHINGTON AVENUE N SUITE 300 MINNEAPOLIS MN 55401 842716465 501(C)(3) 600000 0 SUPPORT OF GROUNDBREAK COALITION PROGRAM METROPOLITAN CONSORTIUM OF COMMUNITY DEVELOPERS 3137 CHICAGO AVENUE S MINNEAPOLIS MN 55407 411658654 501(C)(3) 550000 0 SUPPORT OF GROUNDBREAK COALITION PROGRAM LISC 28 LIBERTY STREET 34TH FLOOR NEW YORK NY 10005 133030229 501(C)(3) 450000 0 SUPPORT OF GROUNDBREAK COALITION PROGRAM PART I, LINE 2: SUPPORT OF GROUNDBREAK COALITION MORTGAGE PROGRAM COLLABORATION FORM 990, PART VI, SECTION B, LINE 11B THE 990 WILL BE PRESENTED TO THE FINANCE AND OPERATIONS COMMITTEE FOR QUESTIONS AND THEN SUBMITTED TO THE FULL BOARD FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ANNUALLY AND ON AN AS NEEDED BASIS FILL OUT A CONFLICT OF INTEREST FORM. FORM 990, PART VI, SECTION B, LINE 15 AN OUTSIDE AGENCY WAS HIRED TO PROVIDE DATA AND COMPARISONS TO CRAFT EMPLOYEE COMPENSATION PACKAGES. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART IX, LINE 11G PROFESSIONAL FEES AND CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 1,070,072. MANAGEMENT AND GENERAL EXPENSES 2,291,146. FUNDRAISING EXPENSES 126,273. TOTAL EXPENSES 3,487,491. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR