Build Wealth MN Inc.

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.

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

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

• Financial education
• Homebuyer counseling
• Down payment assistance
• Wealth building programs
• Housing counseling services

Headquarters

HQ city

Minneapolis

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. 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

Core 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

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core and minor.

• Affinity Plus Federal Credit UnioncoreStrategic or Co-development PartnerCredit 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 ForumcoreStrategic or Co-development PartnerCommunity leadership organization partnering with Build Wealth to support African American families in building wealth and achieving financial stability.
• Associated BankcoreStrategic or Co-development PartnerRegional bank partner providing lending products and financial services to Build Wealth clients seeking homeownership.
• City of MinneapoliscoreStrategic or Co-development PartnerMunicipal government partner supporting Build Wealth's community development initiatives in Minneapolis.
• JPMorgan ChasecoreStrategic or Co-development PartnerMajor financial institution partner providing funding, resources, and lending support for Build Wealth's homeownership and wealth building programs.
• Wells FargocoreStrategic or Co-development PartnerMajor financial institution partner supporting Build Wealth through funding and potential lending partnerships for community development.
• Minnesota HousingcoreStrategic or Co-development PartnerState housing finance agency partner providing resources and programs for affordable homeownership in Minnesota.
• LISCcoreStrategic or Co-development PartnerLocal Initiatives Support Corporation partner providing community development resources and support for neighborhood revitalization.
• Habitat for HumanityminorStrategic or Co-development PartnerHousing nonprofit partner collaborating on homeownership opportunities for families served by Build Wealth.
• Prosperity NowcoreStrategic or Co-development PartnerNational nonprofit partner providing resources and expertise for financial capability programs for low-income families.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Market position

Strengths4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/buildwealthmn
• LinkedInlinkedin.com/company/build-wealth-mn-inc

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Build Wealth MN Inc.