Beacon Interfaith Housing Collaborative
Creates affordable, supportive homes and advocates for equitable housing policies through a collaborative network of faith congregations and community partners. For fiscal year 2025 it reported $16.1M in revenue, $15.0M in expenses, and $15.6M in net assets.Pt I
- Founded
- 1999
- Type
- Public charity (501(c)(3)) · Community Development
- Location
- Saint Paul, MN
- Website
- www.beaconinterfaith.org
- Filings
- 5 on file (2021–2025)
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Summary of the Filing
Where the work happens
Housing Operation
Beacon offers a range of affordable housing and services to meet the needs of vulnerable members of our community. We are the largest OWNER/OPERATOR of supportive housing in the state of minnesota. We operate nearly 800 quality, affordable homes for more than 1000 people at 24 properties across the twin cities metro area.
Housing Development
Beacon is among the leading developers of deeply affordable, supportive housing in the twin cities metro area. Beacon's unique collaborative model activates the energy, resources and leadership of congregations to create housing.
Policy
When all people have access to stable housing, our communities are stronger and healthier. As a collaborative of congregations beacon works for transform public policy so that all people have a home.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Chris Latondresse’s $224K as Executive Director is at the 39th percentile of top reported officer pay among 572 $10–100M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Chris Latondresse | $224,337 | $47,596 | — | — | — |
| Lee Blons | — | $170,514 | $203,460 | $189,149 | $186,218 |
| Kevin Walker | $171,450 | $166,302 | $159,408 | $149,775 | $150,877 |
| Laura Vitelli | — | — | — | — | $146,674 |
| Heidi Goldman- Gray | $136,717 | $132,386 | — | — | — |
| Deqa Essa | — | $124,909 | $71,693 | — | — |
| Babette Jamison-Varner | $124,748 | — | — | — | — |
| Murtuza Siddiqui | — | — | — | $122,860 | $109,008 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 80% | — | — |
| Overhead ratio | 12% | — | — |
| Fundraising cost ratio | 13% | — | — |
| Revenue growth | 24% | — | — |
| Legal fee ratio | 1% | — | — |
| Accounting fee ratio | 2% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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