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Commonbond Communities

Saint Paul, MN · EIN 41-1260469 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2025 (tax year 2025) · View the filing · Correct or respond

Commonbond Communities reported $48.9 million in revenue and $34.1 million in expenses for calendar year 2025. Of every $100 it spent, $87.74 went to program services, $7.49 to management and general costs and $4.77 to fundraising. Its largest source of revenue was contributions and grants: 39.6% of the total. Government grants made up 18.9%. The highest compensation it reported for one person was $320,777 (PRESIDENT & CEO). 2 people received more than $100,000 in reportable compensation. Revenue rose 108% between 2019 and 2025. Source: Form 990, 2025.

Where $100 of spending went

Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $34M

For context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2025 · Form 990, Part VIII · total revenue $49M

The 990 scorecard · same measures for every charity, no grades

2025 filing. Median across 2,433 covered charities in this category, from their latest filings.
Measure2025Median
Program services
Part IX 25(B) ÷ 25(A)
87.7%86.7%
Management & general
Part IX 25(C) ÷ 25(A)
7.5%11.5%
Fundraising
Part IX 25(D) ÷ 25(A)
4.8%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.08$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
39.6%29.9%
Government grants share of revenue
Part VIII 1e ÷ 12
18.9%3.8%
Program service revenue share
Part VIII 2g ÷ 12
38.9%58.9%
Highest reported compensation
Part VII-A, columns D–F
$320,777$301,601
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.94%1.38%
People paid over $100,000
Part VII, line 2
26
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
47.46.8
Independent voting board members
Part VI 1a–1b
14 of 15100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2025 · Form 990, Part III · the three largest programs by expense
$6.7M expenses · 22.4% of program spending · revenue $1.3M

Commonbond prioritizes designing and delivering services in partnership with residents. The approach is grounded in listening, informed by lived experience, and shaped around residents' priorities with a focus on housing stability and eviction prevention. Staff offer a continuum of support from service coordination to comprehensive housing case management for low-income residents living in Commonbond Communities. Advantage services are focused on stability and independence; education and advancement; health and wellness; and community-building and engagement. In 2025, advantage services…

$23M expenses · 77.2% of program spending · revenue $20M

Housing development, property management and asset management: since 1971, Commonbond Communities has been providing homes and hope for those most in need in our community. As a premier nonprofit developer and owner of affordable housing, commonbond is best positioned to address the critical need for more affordable housing in our region. In order to support over 13,000 people a year, commonbond has been actively managing its real estate development pipeline, developing financing tools internally and with stakeholders, and supporting its existing portfolio for current and upcoming needs

$131K expenses · 0.4% of program spending

Community engagement: integral to our work are the relationships that are formed to benefit our resident community and our housing communities in general. Community members work hand-in-hand with staff and residents at our housing communities. Hundreds of residents, critical service providers, local business owners, municipalities, community groups, faith communities, and other neighborhood organizations serve on boards and committees to help foster understanding and support the housing communities and the people who live there. This model promotes resident leadership and helps break down…

Highest reported compensation

2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT & CEO
Director/trustee, officer, 40.00 hrs/week
$298,332$0$22,445$320,777
EXECUTIVE VP OF HOUSING SERVICES
Highest compensated employee, 1.00 hrs/week
$0$237,179$26,413$263,592
CHEIF FINANCIAL OFFICER
Officer, 1.00 hrs/week
$95,290$129,790$18,164$243,244
EXECUTIVE VP OF TALENT EQUITY, CULTURE
Highest compensated employee, 1.00 hrs/week
$72,708$115,409$14,347$202,464
INTERIM VP OF A&D
Highest compensated employee, 1.00 hrs/week
$187,225$0$8,210$195,435

2 people received more than $100,000 in reportable compensation from Commonbond Communities (Part VII, line 2). Compensation of current officers, directors and key employees totaled $700K (Part IX, line 5).

7 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80M2019202020212022202320242025$49M$34M
FilingRevenueExpensesProgramsNet assetsTop pay
2025 ⓘ$49M$34M87.7%$135M$320,777
2024 ⓘ$52M$38M91.3%$108M$318,395
2023 ⓘ$30M$44M94.0%$82M$319,388
2022 ⓘ$27M$22M89.1%$92M$317,103
2021 ⓘ$28M$22M89.6%$88M$302,291
2020 ⓘ$26M$22M90.3%$77M$286,512
2019 ⓘ$23M$20M87.8%$71M$299,716

Governance answers, as filed

2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b15 · 14 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5147
  • Volunteers Part I, line 6456

Private foundation grants it received

37 private foundations reported grants to Commonbond Communities totaling $7.3M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Commonbond Communities's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Commonbond Communities, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All unclassified charities · Largest charities in Minnesota

Questions people ask

How much of Commonbond Communities's spending goes to programs?

In calendar year 2025, Commonbond Communities reported that 87.7% of its $34.1 million in expenses went to program services, 7.5% to management and general and 4.8% to fundraising (Form 990, Part IX).

How much does Commonbond Communities pay its top executive?

The largest total compensation Commonbond Communities reported for one person in calendar year 2025 was $320,777, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Commonbond Communities get its money?

Of $48.9 million in revenue in calendar year 2025, 39.6% came from contributions and grants (including 18.9% from government grants) and 38.9% from program service revenue (Form 990, Part VIII).

Is Commonbond Communities a registered charity?

The IRS lists EIN 41-1260469 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2025: Form 990 for calendar year 2025, object 202621979349301702 · read the filing · XML
  • 2024: Form 990 for calendar year 2024, object 202521899349300117 · read the filing
  • 2023: Form 990 for calendar year 2023, object 202422349349300822 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202341779349300129 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202231659349301668 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202141559349301129 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202021619349301852 · read the filing

All filings for EIN 41-1260469: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.