Build Wealth MN Inc.
Build Wealth MN is a Minneapolis-based nonprofit that provides financial education, homeownership counseling, and down-payment assistance to low-to-moderate income families and youth across Minnesota, supported by 35+ institutional partners.
- Company typePrivate
- Founded2004
- HeadquartersMinneapolis, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Build Wealth MN Inc. does
Build Wealth MN Inc. is a Minneapolis-based 501(c)(3) nonprofit (located at 1256 Penn Ave N) that delivers financial education, one-on-one homeownership counseling, and down-payment assistance to low-to-moderate income families and youth across Minnesota. The organization's core service stack includes pre-purchase homebuyer counseling, the Financial Stabilization Plan (delivered both in-person and as an online course), down-payment assistance administration (over $7M deployed cumulatively), youth financial education programs, and the 9000 Equities initiative, which targets the racial wealth gap through wealth-building programming for Black households. Cumulative reported impact includes 5,000+ families transitioned into homeownership and a stated average savings increase of $8,800+ per client.
The business model is grant- and donation-funded rather than revenue-commercial. Build Wealth MN operates through a network of 35+ institutional partners — including JPMorgan Chase, Wells Fargo, Associated Bank, and Affinity Plus on the banking side; the McKnight Foundation, Minneapolis Foundation, Otto Bremer Trust, Pohlad Family Foundation, and Northwest Area Foundation on the philanthropic side; and the City of Minneapolis and Minnesota Housing on the public side. These partners provide grant funding, Community Reinvestment Act-aligned support, and client referrals, while down-payment assistance functions partly as pass-through capital. There is no disclosed proprietary technology platform, AI/ML capability, or commercial product line; the delivery model is fundamentally human-counselor-led, with the online Financial Stabilization Plan course representing the organization's primary digital offering.
Build Wealth MN Inc. firmographics
Firmographics- Name
- Build Wealth MN Inc.
- Legal name
- Build Wealth MN Inc.
- Website
- https://buildwealthmn.org
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Build Wealth MN is a Minneapolis-based nonprofit that provides financial education, homeownership counseling, and down-payment assistance to low-to-moderate income families and youth across Minnesota, supported by 35+ institutional partners.
- Ownership category
- akta.pro rank
Build Wealth MN Inc. industry classification
Industry- Product category
- Financial Education & Housing Counseling
- NAICS
- Grantmaking and Giving Services (81321), Educational Support Services (611710), Civic and Social Organizations (813410)
- SIC
- Services-Social Services (8300)
- akta.pro primary industry
- Community Foundations (BPAGAKAB)
- akta.pro secondary industry
- Education Grantmaking Foundations (BPAGAKAK)
Keywords
Where Build Wealth MN Inc. is headquartered
LocationHeadquarters
- HQ city
- Minneapolis
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Build Wealth MN Inc. business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Nonprofit Grants and Donations: Build Wealth MN is a nonprofit organization that relies on grants from foundations, corporate donations, and government funding to support its operations and client services. Revenue is not generated through fees for services to clients.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
Build Wealth MN Inc. product offering
Product offeringCore offering
Build Wealth MN Inc. is a Minneapolis-based nonprofit that delivers financial education, homeownership counseling, and down payment/closing cost assistance to low-to-moderate income families. Core offerings include the Financial Stabilization Plan online course, Youth financial education programs, and the 9000 Equities community initiative, supported through a network of 35+ partner lenders, credit unions, foundations, and government agencies.
Product overview
Build Wealth MN Inc. is a nonprofit financial education and empowerment organization offering a unified suite of programs and services designed to help families build wealth and achieve homeownership. The organization provides online educational courses (Financial Stabilization Plan), youth financial education programs, and community initiatives like 9000 Equities. Key services include down payment and closing cost assistance, financial counseling, and partnerships with lenders and government agencies to facilitate homeownership for families.
Differentiator
Problem solved
Functional benefit
Products and services
- Financial Stabilization Plan Online educational course designed to help individuals achieve financial stability through savings strategies, banking guidance, and personal finance management. Intended for individuals and families seeking to build a foundation for long-term financial health.
- Youth Programs Financial education and wealth-building support services targeted at young people to foster early financial literacy and generational wealth creation. Delivered to youth in the Minneapolis community.
- 9000 Equities Community initiative focused on equity and wealth-building opportunities for families and neighborhoods in the Minneapolis area. Sits alongside Build Wealth's counseling and education programs as a community-level intervention.
- Homeownership Counseling and Down Payment Assistance One-on-one homeownership counseling paired with direct down payment and closing cost assistance for families pursuing home purchase. Connects clients to partner lenders, credit unions, and government agencies (e.g., Minnesota Housing, City of Minneapolis).
Quantifiable outcome
- Average $8,800+ increase in client savings
- +2 more outcomes
Companies that use Build Wealth MN Inc.
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
Build Wealth MN Inc. technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Build Wealth MN Inc. partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and minor.
- Affinity Plus Federal Credit UnioncoreCredit union partner that works with Build Wealth to provide financial services and products to community families. Part of the partner network helping families access banking and lending services.
- African American Leadership ForumcoreCommunity leadership organization partnering with Build Wealth to support African American families in building wealth and achieving financial stability.
- Associated BankcoreRegional bank partner providing lending products and financial services to Build Wealth clients seeking homeownership.
- City of MinneapoliscoreMunicipal government partner supporting Build Wealth's community development initiatives in Minneapolis.
- JPMorgan ChasecoreMajor financial institution partner providing funding, resources, and lending support for Build Wealth's homeownership and wealth building programs.
- Wells FargocoreMajor financial institution partner supporting Build Wealth through funding and potential lending partnerships for community development.
- Minnesota HousingcoreState housing finance agency partner providing resources and programs for affordable homeownership in Minnesota.
- LISCcoreLocal Initiatives Support Corporation partner providing community development resources and support for neighborhood revitalization.
- Habitat for HumanityminorHousing nonprofit partner collaborating on homeownership opportunities for families served by Build Wealth.
- Prosperity NowcoreNational nonprofit partner providing resources and expertise for financial capability programs for low-income families.
Scale indicators3 records
Recent moves5 records
Expansion highlights5 records
Build Wealth MN Inc. competitors and assessment
Company assessmentMarket position
Strengths4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Build Wealth MN Inc. social profiles
Digital presenceBuild Wealth MN Inc. financial estimates
Financial estimateRevenue estimate
Valuation estimate
Build Wealth MN Inc. leadership team
Management profileNumber of profiles
Build Wealth MN Inc. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Build Wealth MN Inc. 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 Build Wealth MN Inc.
What does Build Wealth MN Inc. do?
Build Wealth MN Inc. is a Minneapolis-based nonprofit that delivers financial education, homeownership counseling, and down payment/closing cost assistance to low-to-moderate income families. Core offerings include the Financial Stabilization Plan online course, Youth financial education programs, and the 9000 Equities community initiative, supported through a network of 35+ partner lenders, credit unions, foundations, and government agencies.
Is Build Wealth MN Inc. a public or private company?
Build Wealth MN Inc. is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Build Wealth MN Inc. founded?
Build Wealth MN Inc. was founded in 2004. It employs 11 to 50 people.
Where is Build Wealth MN Inc. based?
Build Wealth MN Inc. is headquartered in Minneapolis, United States, in the North America region.
How does Build Wealth MN Inc. make money?
One revenue line is on record: nonprofit Grants and Donations.
Does Build Wealth MN Inc. have an API?
No public API is recorded for Build Wealth MN Inc..
What industry is Build Wealth MN Inc. in?
Build Wealth MN Inc.'s product category is Financial Education & Housing Counseling. Its primary akta.pro industry code is BPAGAKAB, Community Foundations, with a secondary code of BPAGAKAK, Education Grantmaking Foundations. Its NAICS code is 81321 and its SIC code is 8300.