Mahalo
Minneapolis, MN

BUILD WEALTH MN INC

EIN 25-1918239
Housing, Food & Basic Needs Affordable Housing & Tenant Rights Communities of color Low-income Children & youth
Mission

Build Wealth Minnesota empowers families to build financial stability and generational wealth by providing financial education, coaching, lending services, and affordable housing development.

IRS-recognized 501(c)(3) public charity Contributions are tax-deductible

About BUILD WEALTH MN INC

Build Wealth Minnesota (Build Wealth MN) is a Minneapolis-based 501(c)(3) nonprofit that provides financial education, one-on-one coaching, employment readiness, lending services, and affordable housing development to help families achieve long-term economic stability and homeownership. The organization delivers programs for adults and youth, including Family Stabilization and Youth Stabilization plans, homebuyer education, down payment assistance, and community-based housing development; it reports measurable client outcomes such as credit-score gains, debt reduction, increased savings, and home purchases. In recent years Build Wealth MN has expanded program delivery through public funding and partner grants and reports substantial program outputs: thousands of households served, significant down payment and closing cost assistance to clients, and targeted outcomes for households with low credit scores and low-to-moderate incomes, especially households of color.

Notable achievements

10,000+ Families Served

Build Wealth MN reports serving more than 10,000 families through its combined financial education, coaching, youth, employment, and housing programs, reflecting long-term community reach and client engagement.

Administered $5M+ in Down Payment Assistance

The organization has provided over $5,000,000 in down payment and closing cost assistance to clients, supporting hundreds of households to move toward homeownership.

State-Funded Family Stabilization Program with Demonstrated Outcomes

Under a Minnesota Housing direct appropriation, Build Wealth MN’s Family Stabilization Program has served thousands of households (2,256 households since program inception) and reported recent-year outcomes including that ~80% of participants earned under $60,000, 95% were households of color, and program completers saw large credit-score and savings improvements with meaningful home purchase rates.

At a glance

Total assets
$22.5M
Annual revenue
$8.3M
Tax status
501(c)(3)Public charity
EIN
25-1918239
Location
Minneapolis, MN
Website
bwealthe.org
On Mahalo since
September 2026

Financial figures from the IRS Business Master File, the IRS’s registry of tax-exempt organizations.

Recognition

Certified HUD-approved housing counseling agency
Designated Community Development Financial Institution (CDFI)
Recipient of a recurring Minnesota Housing direct appropriation and subject of annual legislative program reporting

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