Batc Foundation
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Only 31% of its spending went to programs.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
TO WORK IN PARTNERSHIP WITH OTHERS TO PROVIDE SAFE, DURABLE, AFFORDABLE HOUSING FOR MINNESOTA'S HOMELESS, VETERANS AND OTHERS IN NEED. AS THE CHARITABLE ARM OF HOUSING FIRST MINNESOTA, THE FOUNDATION PARTNERS WITH LOCAL SERVICE PROVIDERS AND TAPS THE TALENTS AND RESOURCES OF THE ASSOCIATION'S MEMBER BUILDERS, REMODELERS, SUPPLIERS, AND VOLUNTEERS TO BUILD NEW OR RENOVATE EXISTING HOUSING FACILITIES FOR THOSE EXPERIENCING HOMELESSNESS.
- Income
- $1.7 million
- Spending
- $426,973
- Spent on programs
- 31%
- Reserves
- 52.4 months of spending
- Largest source of income
- donations and private grants, 89%
- Employees
- 0
- Volunteers
- 50
- Highest pay
- $363,664, chief executive officer
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 85 out of 100.
Reserves
35 of 35Spendable reserves would cover 52.4 months of spending.
Debt
20 of 20It owes 10% of what it owns.
Living within its means
15 of 15Income exceeded spending by 74% of income.
Income trend
15 of 15Income rose 54% on the year before.
Spending floor
0 of 1531% of spending went to programs and raising each dollar of donations cost 17 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100.
Independent board
25 of 2517 of 17 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $131,881 spent. COMMUNITY BUILD PROJECTS THE FOUNDATION COMPLETED THREE COMMUNITY BUILD PROJECTS FOR THE MINNESOTA ASSISTANCE COUNCIL FOR VETERANS WITH BUILD PARTNER LENNAR. THESE NEW CONSTRUCTION FOUR-BEDROOM HOMES LOCATED IN NORTH MINNEAPOLIS PROVIDE HOUSING FOR APPROXIMATELY 25 VETERANS ON AN ANNUAL BASIS. MACV OWNS THESE PROPERTIES AND PROVIDES VETERANS WITH CASE MANAGEMENT, EMPLOYMENT AND LEGAL SERVICES TO HELP THEM REGAIN CONFIDENCE AND SELF-SUFFICIENCY. THE FOUNDATION ALSO LAUNCHED VETERAN VILLAGE, AN INNOVATIVE, MULTI-YEAR PROJECT, PARTNERING WITH THE MINNESOTA ASSISTANCE COUNCIL FOR VETERANS AND BUILD PARTNER LENNAR. THIS FIRST EVER, TOWNHOME STYLE COMMUNITY WILL PROVIDE A STABLE, PERMANENT HOUSING SOLUTION PAIRED WITH ONGOING SUPPORT SERVICES FOR VETERANS FACING SIGNIFICANT BARRIERS TO HOUSING STABILITY. WITH THE CONSTRUCTION OF THIS MULTI-UNIT PROJECT WE HOPE TO ACHIEVE AN EFFECTIVE END TO VETERAN HOMELESSNESS IN MINNESOTA. LAND ACQUISITION AND PROJECT DEVELOPMENT TOOK PLACE IN 2024. OFFICIAL GROUNDBREAKING WILL TAKE PLACE IN SPRING 2025 WITH COMPLETION OF CONSTRUCTION SCHEDULED FOR NOVEMBER 2025. A MULTI-YEAR FUNDRAISING CAMPAIGN ALSO BEGAN IN 2024 TO FULLY FUND THIS $5.5 MILLION PROJECT WITH $3.5 MILLION RAISED BY YEAR END.PARTICIPATION OF BUILD AND TRADE PARTNERS AND FUNDING FROM THE FOUNDATION PROVIDED AN INVESTMENT IN EXCESS OF $500K CREATING HOUSING VALUED AT $1 MILLION EXPANDING AND IMPROVING HOUSING CAPACITY FOR NONPROFIT SERVICE ORGANIZATIONS FOR A FRACTION OF THE COST.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 1997.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.