Commonbond Communities
Donations deductibleRevenue
$48.9m
year to 31 December 2025
Expenses
$34.1m
year to 31 December 2025
Total assets
$204.1m
$69.6m liabilities
Net assets
$134.5m
assets less liabilities
Directors and trustees
20
6.7 years on average
Staff
147
456 volunteers
Chair observed
≥6 yrs
Adam Bernier
Left since last filing
0
no seats appear to have opened
Commonbond Communities' network
20 people15 organisationsi20 people and 15 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (20). Violet dotted lines (20) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
20 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 in the tables. The network map shows same-name matches as likely links only, never as confirmed.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 20 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 |
|---|---|---|---|
| Adam Bernier Chair | Chair | 2018 | 8 yrs |
| Barb Tretheway | Company secretary | 2022 | 4 yrs |
| Cindy Koch | Treasurer | 2020 | 6 yrs |
| Deidre Schmidt | President & CEO | 2018 | 8 yrs |
| Eva Stevens | Director | 2018 | 8 yrs |
| Fatima Moore | Director | 2022 | 4 yrs |
| Jackie Turner | Director | 2023 | 3 yrs |
| Jamal Adam | Director | 2018 | 8 yrs |
| Jennifer Thao | Director | 2019 | 7 yrs |
| Mark Runkel | Director | 2022 | 4 yrs |
| Matt Schriner | Director | 2018 | 8 yrs |
| Megan Remark | Director | 2018 | 8 yrs |
| Mohamed Omar | Director | 2022 | 4 yrs |
| Nicole Brookshire | Director | 2020 | 6 yrs |
| R Particia Trish Kelly | Director | 2018 | 8 yrs |
| Shailja Ambrose | Director | 2022 | 4 yrs |
| Sita Morantz | Director | 2019 | 7 yrs |
| Tasha Alexander | Vice Chair | 2020 | 6 yrs |
| Valerie Spencer | Director | 2019 | 7 yrs |
| Wade C LAU | Director | 2018 | 8 yrs |
Officers and senior leadership
16 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 |
|---|---|---|
| Angela Riley | EVP of Risk Management | since 2021 |
| Cecile Bedor | Executive VP of Real Estate | since 2018 |
| Derek Madsen | Executive VP of Resource Development | since 2018 |
| Heidi Rathmann | Interim VP of A&d | 2024 |
| Jennifer Anderson | Interim CFO | 2024 |
| Jessie Hendel | VP of Advantage Services | 2019 |
| Joe'MAR Hooper | Wisconsin Market Leader | 2019 |
| Karen Law | Executive VP of Talent Equity, Culture | since 2020 |
| Kevin Myren | CFO and VP-Administration | since 2018 |
| Lisa Wilcox-Erhardt | Executive VP of Housing Se | 2018 |
| Michael Lang | Chief Information Officer | since 2022 |
| Michele Myers | Director of Property Management Operations | 2021 |
| Robert Mueller | Director of Construction Management | 2019 |
| Tamara Fallon | Director of Construction Management | 2020 |
| Teresa Harrington | HR Director/Chief Diversity Officer | 2023 |
| Thomas Adams | Executive VP of Housing Services | since 2020 |
Pay and hours
year to 31 December 2025iFrom 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 |
|---|---|---|---|---|---|
| Deidre Schmidt | President & CEO | 40 | $298k | $22k | |
| Heidi Rathmann | Interim VP of A&d | 1 | $187k | $8k | |
| Jennifer Anderson | Cheif Financial Officer | 1 | $95k | $130k | $18k |
| Karen Law | Executive VP of Talent Equity, Culture | 1 | $73k | $115k | $14k |
| Tasha Alexander | Chair | 1 | $0 | ||
| Cindy Koch | Vice-Chair | 1 | $0 | ||
| Barb Tretheway | Secretary | 1 | $0 | ||
| Mohamed Omar | Treasurer | 1 | $0 | ||
| Jamal Adam | Director | 1 | $0 | ||
| Adam Bernier | Director | 1 | $0 | ||
| Nicole Brookshire | Director | 1 | $0 | ||
| Michaela Clubb | Director | 1 | $0 | ||
| Bill Cummings | Director | 1 | $0 | ||
| Jennifer Thao | Director | 1 | $0 | ||
| Laura Liu | Director | 1 | $0 | ||
| Valerieval Spencer | Director | 1 | $0 | ||
| Jackie Turner | Director | 1 | $0 | ||
| Jocelyn Whitfield | Director | 1 | $0 | ||
| Thomas Adams | Executive VP of Housing Services | 1 | $0 | $237k | $26k |
About
- Legal name
- Commonbond Communities
- EIN
- 411260469
- Address
- 1080 Montreal Ave, Saint Paul, MN, 55116-2694
- State
- Minnesota
- Mission
- Commonbond's mission is to build stable homes, strong futures and vibrant communities. As the largest nonprofit provider of affordable homes in the upper midwest, commonbond has been building and sustaining homes with services to families, seniors, and individuals with disabilities since 1971. Commonbond combines affordable housing with advantage services with the goal of helping achieve... (as filed on the Form 990)
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Size band
- 9 (IRS master file code)
- Formed
- 1971
- Principal officer
- Jennifer Anderson (as named on the Form 990)
- IRS ruling date
- 1 January 1976
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 7, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥8years on the filingsAdam Bernier
≥8years on the filingsDeidre Schmidt
≥8years on the filingsEva Stevens
≥8years on the filingsJamal Adam
Latest return
year to 31 December 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2025. US dollars, as filed.- Total assets
- $204.1m
- Total liabilities
- $69.6m
- Net assets or fund balances
- $134.5m
- Contributions and grants received
- $19.4m
- Program service revenue
- $19m
- Employees
- 147
- Volunteers
- 456
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $52.4m | $38m | $14.3m |
As filed on the IRS Form 990. US dollars.