Beyond Shelter
Beyond Shelter, Inc. is a Fargo-based nonprofit affordable housing developer and Community Housing Development Organization developing senior, family, and supportive housing across North Dakota, South Dakota, and Minnesota. Since 1999, it has produced 1,360 affordable homes across 45 projects.
- Company typePrivate
- Founded1999
- HeadquartersFargo, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Beyond Shelter does
Beyond Shelter, Inc. (BSI) is a Fargo, North Dakota-based nonprofit affordable housing developer and federally designated Community Housing Development Organization (CHDO) founded in May 1999. The company develops senior, multi-family, supportive, and mixed-use affordable housing across North Dakota, South Dakota, and Minnesota, working directly with municipalities, public housing authorities, and nonprofit service providers to identify community housing needs and structure complex financing stacks that typically combine 9% and 4% Low-Income Housing Tax Credits (LIHTC), HOME program funds, Community Development Block Grants (CDBG), Affordable Housing Program (AHP) funds, and state-level Housing Incentive Funds. Since inception, BSI has secured approximately $210 million in financing and investment to support 45 affordable housing projects producing 1,360 affordable homes.
BSI's product portfolio is organized into four housing categories — Senior Housing (e.g., Souris Heights, North Sky, Heritage Hills, HomeField, Milton Earl, Monterey, Crossroads), Multi-Family Housing (Bluestem Homes, Bluestem Townhomes, Burlington Willows, Fieldcrest, Patterson Heights, Sierra Townhomes, Sunset Ridge, Washington Townhomes), Supportive Housing (Bright Sky, Cooper House, Edwinton Place, Grace Garden, LaGrave on First), and Mixed-Use/Revitalization (The Plaza) — alongside two core service offerings: full-service development and a co-developer partnership model in which BSI handles financing, equity syndication, construction oversight, and lease-up coordination while the partner organization focuses on resident services. The company holds no proprietary technology; core competencies are certifications and process expertise (HCCP, HDFP, AMS, C3P, CHAM designations held across the 11-person team).
BSI's business model is a hybrid of project-based professional services and recurring managed services. Revenue is generated through development fees on each project (structured as a percentage of total development cost, typically 2-3% in the industry), ongoing asset management fees on its portfolio of ~1,360 owned or co-owned units (covering risk management, compliance, financial and operational oversight), and consulting/co-developer fees when partnering with nonprofit organizations. The organization is governed by a 7-member board of directors, led since 2014 by CEO Dan Madler (32+ years of affordable housing industry experience), and financed through a multi-source blend of federal tax credits, state housing trust funds, regional bank capital (Bell Bank, Choice Bank, Cornerstone Bank, First Western Partners, FHLB Des Moines), and foundation grants. Marketing and customer acquisition are relationship-driven through housing authorities and community organizations rather than consumer-facing channels.
Beyond Shelter firmographics
Firmographics- Name
- Beyond Shelter
- Legal name
- Beyond Shelter, Inc.
- Website
- https://beyondshelterinc.com
- Company type
- Private
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Beyond Shelter, Inc. is a Fargo-based nonprofit affordable housing developer and Community Housing Development Organization developing senior, family, and supportive housing across North Dakota, South Dakota, and Minnesota. Since 1999, it has produced 1,360 affordable homes across 45 projects.
- Ownership category
- akta.pro rank
Beyond Shelter industry classification
Industry- Product category
- Affordable Housing Development
- NAICS
- Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (62331), Other Community Housing Services (624229)
- SIC
- Non-Operating Establishments (9995)
- akta.pro primary industry
- Build-to-Rent (BTR) Community Management (BPAJAFAC)
Keywords
Where Beyond Shelter is headquartered
LocationHeadquarters
- HQ city
- Fargo
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Beyond Shelter business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Development Fees: BSI earns development fees as the developer or co-developer of affordable housing projects, structuring and overseeing construction, debt financing, and equity syndication.
- Asset Management Services: BSI provides ongoing asset management for housing projects they develop, including risk management, compliance, portfolio management, financial and operational oversight.
- Consulting/Co-developer Services: BSI serves as co-developer and consultant for other organizations, handling project financing, lender/investor relations, operating proformas, construction coordination, and lease-up assistance.
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
Beyond Shelter product offering
Product offeringCore offering
Beyond Shelter, Inc. (BSI) is a nonprofit Community Housing Development Organization (CHDO) that develops, finances, and manages affordable rental housing across the Upper Midwest. The company structures and oversees senior housing, multi-family housing, and permanent supportive housing projects using complex funding stacks (LIHTC, HOME, CDBG, AHP, foundation grants) for housing authorities, municipalities, and nonprofit partners in North Dakota, South Dakota, and Minnesota.
Product overview
Beyond Shelter, Inc. (BSI) is a nonprofit affordable housing developer offering a portfolio of housing products and development services. The company's core offerings include Senior Housing developments (Brighton Place, Cook's Court, Crossroads, Heritage Hills, HomeField, Milton Earl, Monterey, North Sky, Souris Heights, Sunrise North), Multi-Family Housing (Bluestem Homes, Bluestem Townhomes, Burlington Willows, Fieldcrest, Patterson Heights, Sierra Townhomes, Sunset Ridge, Washington Townhomes), and Supportive Housing (Bright Sky, Cooper House, Edwinton Place, Grace Garden, LaGrave on First). Services include full-service development and co-developer partnerships. BSI has developed over 50 housing projects encompassing more than 1,600 units since inception in 1999, serving senior, family, and special needs populations across North Dakota, South Dakota, and Minnesota.
Differentiator
Problem solved
Functional benefit
Products and services
- Senior Housing Development
Quantifiable outcome
- $210,000,000 in financing secured for 45 projects producing 1,360 affordable homes
- +1 more outcomes
Companies that use Beyond Shelter
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles3 records
Beyond Shelter technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Beyond Shelter partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and major.
- Churches United for the HomelesscoreBSI co-developed Bright Sky Apartments ($8.3M, 40 units) in Moorhead, MN with Churches United for the Homeless, providing supportive housing for individuals experiencing homelessness.
- YWCA Cass ClaycoreBSI developed Grace Garden ($7.1M, 30 units) with YWCA Cass Clay, providing supportive housing with domestic violence case management and support services.
- MetroPlains ManagementmajorProperty management partner handling day-to-day operations of multiple BSI developed properties including Milton Earl, HomeField, and other senior housing communities.
- Goldmark Property ManagementmajorProperty management partner for BSI properties including Sunrise North Apartments in Fargo.
Scale indicators5 records
Recent moves9 records
Expansion highlights6 records
Beyond Shelter competitors and assessment
Company assessmentBroad incumbents
- The Community Builders: National nonprofit affordable housing developer with a portfolio spanning multiple states. Comparable to Beyond Shelter in CHDO-equivalent status, mixed-income and supportive housing focus, and LIHTC financing model.
- National Church Residences: National nonprofit senior housing developer and operator. Highly comparable to Beyond Shelter's senior housing pipeline (Harvest Acres, Buffalo Manor, etc.) and supportive services model, though at national scale.
- Volunteers of America National Services: National nonprofit providing supportive and affordable housing. Comparable to Beyond Shelter's supportive housing developments for individuals experiencing homelessness and special needs populations, with similar service-coordination model.
- Mercy Housing: One of the largest national nonprofit affordable housing developers. Comparable in CHDO-equivalent nonprofit structure, LIHTC-driven development, and integrated resident services, but operates at significantly greater scale across multiple states.
Regional players
- Dakota Valley Apartments: Regional nonprofit affordable housing developer operating in the Dakotas. Direct geographic and operational overlap with Beyond Shelter in the ND/SD market, though smaller and less diversified across housing types.
- Lutheran Social Services Housing: Upper Midwest faith-based nonprofit operating affordable and supportive housing. Comparable to Beyond Shelter in geographic footprint (MN/ND/SD), faith-adjacent mission orientation, and LIHTC-funded development model.
Direct peers
- Aeon: Minneapolis nonprofit affordable housing developer owning and managing thousands of affordable units across Minnesota. Comparable to Beyond Shelter in operating geography, LIHTC-driven development model, and focus on both family and supportive housing.
- CommonBond Communities: Twin Cities-based nonprofit affordable housing developer and CHDO serving Minnesota and the Upper Midwest. Directly comparable to Beyond Shelter in mission, LIHTC/HOME funding model, and resident-services-integrated housing approach.
- Project for Pride in Living (PPL): Minneapolis-based nonprofit developing affordable housing and providing supportive services. Comparable to Beyond Shelter in the dual role of housing developer and service-coordination partner for residents.
Emerging players
- Common Ground: Nonprofit housing developer focused on supportive housing and homelessness services. Comparable to Beyond Shelter's supportive housing portfolio (Bright Sky, Cooper House) and co-developer partnership approach.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Beyond Shelter social profiles
Digital presenceBeyond Shelter financial estimates
Financial estimateRevenue estimate
Valuation estimate
Beyond Shelter leadership team
Management profileNumber of profiles
Profiles11 records
Beyond Shelter funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Beyond Shelter M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Beyond Shelter
What does Beyond Shelter do?
Beyond Shelter, Inc. (BSI) is a nonprofit Community Housing Development Organization (CHDO) that develops, finances, and manages affordable rental housing across the Upper Midwest. The company structures and oversees senior housing, multi-family housing, and permanent supportive housing projects using complex funding stacks (LIHTC, HOME, CDBG, AHP, foundation grants) for housing authorities, municipalities, and nonprofit partners in North Dakota, South Dakota, and Minnesota.
Is Beyond Shelter a public or private company?
Beyond Shelter is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Beyond Shelter founded?
Beyond Shelter was founded in 1999. It employs 11 to 50 people.
Where is Beyond Shelter based?
Beyond Shelter is headquartered in Fargo, United States, in the North America region.
How does Beyond Shelter make money?
Three revenue lines are on record. Development Fees are the primary driver. The others are asset Management Services and consulting/Co-developer Services.
Who are Beyond Shelter's main competitors?
Broad incumbents on record are The Community Builders, National Church Residences, Volunteers of America National Services and Mercy Housing. Regional players are Dakota Valley Apartments and Lutheran Social Services Housing. Direct peers are Aeon, CommonBond Communities and Project for Pride in Living (PPL). Common Ground is listed as an emerging player.
Does Beyond Shelter have an API?
No public API is recorded for Beyond Shelter.
What industry is Beyond Shelter in?
Beyond Shelter's product category is Affordable Housing Development. Its primary akta.pro industry code is BPAJAFAC, Build-to-Rent (BTR) Community Management. Its NAICS code is 62331 and its SIC code is 9995.