Build Wealth MN Inc
Donations deductibleRevenue
$8.3m
year to 31 December 2024
Expenses
$3.7m
year to 31 December 2024
Total assets
$22.5m
$5.5m liabilities
Net assets
$17.1m
assets less liabilities
Directors and trustees
5
5.2 years on average
Staff
23
4 volunteers
Chair observed
≥4 yrs
Monique Bulson-Bratton
Left since last filing
0
no seats appear to have opened
Build Wealth MN Inc's network
5 peoplei5 people on this map.The large node is the subject of this page. Solid lines are what the register itself records (5). Form 990 filings give names without a person identifier; SEC insider filings carry a CIK.The board
5 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 5 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Monique Bulson-Bratton Chair | Chair | 2020 | 6 yrs |
| Franklin Stovall | Director | 2020 | 6 yrs |
| Loretta Smith | Director | 2022 | 4 yrs |
| Rene Isuk | Treasurer | 2022 | 4 yrs |
| Rochelle Washington | Company secretary | 2022 | 4 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
6 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| David McGee | Executive Director | since 2020 |
| Dasjohn McGee | Spoo | 2024 |
| Demitri McGee | Youth Director | 2024 |
| Jeffery Robinson | Senior Program Director | 2024 |
| Kylie Hong | Underwriting Manager | 2024 |
| Regina McGee | Program Services Director | 2024 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| David McGee | Executive Director | 40 | $498k | $6k | |
| Regina McGee | Program Services Director | 40 | $139k | ||
| Jeffery Robinson | Senior Program Director | 40 | $131k | ||
| Kylie Hong | Underwriting Manager | 40 | $127k | ||
| DasJohn McGee | Spoo | 40 | $113k | ||
| Demitri McGee | Youth Director | 40 | $113k | ||
| Franklin Stovall | Director | 1 | $0 | ||
| Loretta Smith | Director | 1 | $0 | ||
| Rene Isuk | Treasurer | 1 | $0 | ||
| Rochelle Washington | Secretary | 1 | $0 | ||
| Monique Bulson-Bratton | Chair | 1 | $0 |
About
- Legal name
- Build Wealth Mn Inc
- EIN
- 251918239
- Address
- 1256 Penn Ave N 4400, Minneapolis, MN, 55411-2617
- State
- Minnesota
- Mission
- Build Wealth MN's (BWMN) mission is to empower underserved communities and populations in the Twin Cities metro area to achieve social and economic wealth through community, economic, and housing development. (as filed on the Form 990)
- Activity (NTEE)
- B60 Education
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Education
- Size band
- 8 (IRS master file code)
- Formed
- 2004
- Principal officer
- David McGee (as named on the Form 990)
- IRS ruling date
- 1 April 2007
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 5, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥6years on the filingsMonique Bulson-Bratton
≥6years on the filingsFranklin Stovall
≥4years on the filingsLoretta Smith
≥4years on the filingsRene Isuk
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $22.5m
- Total liabilities
- $5.5m
- Net assets or fund balances
- $17.1m
- Contributions and grants received
- $7.2m
- Program service revenue
- $538k
- Grants and similar paid out
- $286k
- Employees
- 23
- Volunteers
- 4
Grants paid
1 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.| Recipient | Purpose | Amount |
|---|---|---|
| Model Cities of St Paul Inc | Equities Partnership | $90k |