Trellis Co
Trellis Co reported $36.8 million in revenue and $25.2 million in expenses for calendar year 2025. Of every $100 it spent, $95.22 went to program services, $4.78 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 73.2% of the total. The highest compensation it reported for one person was $282,568 (PRESIDENT AND CEO AND CHAIR). 7 people received more than $100,000 in reportable compensation. Revenue rose 11% between 2019 and 2025. Source: Form 990, 2025.
Where $100 of spending went
Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $25MFor context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 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 $37MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 95.2% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 4.8% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 6.5% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 2.2% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 73.2% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $282,568 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.12% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 7 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 48.9 | 10.0 |
| Independent voting board members Part VI 1a–1b | 4 of 5 | 100.0% |
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 expenseCommunity housing development corporation provides quality affordable housing to persons of low and moderate income. Hud section 8 subsidizes the rent provided certain income guidelines are met. The corporation owns 34 properties at december 31, 2025: 1 bossen terrace (diamond hill) minneapolis, mn 66 units 2 boxleitner (higher ground) minneapolis, mn 85 units 3 evergreen hutchinson, mn 62 units 4 hamline saint paul, mn 58 units 5 jefferson townhomes minneapolis, mn 5 units 6 lasalle apartments minneapolis, mn 63 units 7 new beginnings minneapolis, mn 4 units 8 ramsey hill saint paul, mn 54…
Highest reported compensation
2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT AND CEO AND CHAIR Director/trustee, officer, 40.00 hrs/week | $245,000 | $0 | $37,568 | $282,568 |
| VP OF HOUSING DEVELOPMENT Key employee, 40.00 hrs/week | $216,700 | $0 | $41,668 | $258,368 |
| COO Highest compensated employee, 40.00 hrs/week | $211,800 | $0 | $26,985 | $238,785 |
| VP OF HOUSING DEVELOPMENT Highest compensated employee, 40.00 hrs/week | $191,700 | $0 | $31,077 | $222,777 |
| CMO Highest compensated employee, 40.00 hrs/week | $196,700 | $0 | $20,875 | $217,575 |
| SENIOR ASSET MANAGER Highest compensated employee, 40.00 hrs/week | $132,533 | $0 | $19,655 | $152,188 |
| PROJECT MANAGER Highest compensated employee, 40.00 hrs/week | $115,000 | $0 | $32,046 | $147,046 |
7 people received more than $100,000 in reportable compensation from Trellis Co (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.2M (Part IX, line 5).
7 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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–1b5 · 4 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 528
- Volunteers Part I, line 633
Largest outside contractors
2025 · Form 990, Part VII, Section B · businesses onlyIndividuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to Trellis Co totaling $54 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 Trellis Co's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Trellis Co, you can publish a response that is linked from this page.
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Of every $100 Trellis Co spent in 2025, $95.22 went to programs. The full breakdown, from its IRS Form 990:
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- MirabellaSeattle, WA · revenue $37M · programs 83.5% · FY2025
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All housing & shelter charities · Largest charities in Minnesota
Questions people ask
How much of Trellis Co's spending goes to programs?
In calendar year 2025, Trellis Co reported that 95.2% of its $25.2 million in expenses went to program services, 4.8% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Trellis Co pay its top executive?
The largest total compensation Trellis Co reported for one person in calendar year 2025 was $282,568, for the role of PRESIDENT AND CEO AND CHAIR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Trellis Co get its money?
Of $36.8 million in revenue in calendar year 2025, 6.5% came from contributions and grants (including 2.2% from government grants) and 73.2% from program service revenue (Form 990, Part VIII).
Is Trellis Co a registered charity?
The IRS lists EIN 41-1699606 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 202612299349301411 · read the filing
- 2024: Form 990 for calendar year 2024, object 202502059349301440 · read the filing
- 2023: Form 990 for calendar year 2023, object 202422139349302017 · read the filing
- 2022: Form 990 for calendar year 2022, object 202302199349300230 · read the filing
- 2021: Form 990 for calendar year 2021, object 202242439349300849 · read the filing
- 2020: Form 990 for calendar year 2020, object 202132109349301508 · read the filing
- 2019: Form 990 for calendar year 2019 (amended), object 202042979349301549 · read the filing
All filings for EIN 41-1699606: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.