The Minnesota DFL Party on Wednesday said it would direct nearly $2,100 donated by a federally indicted former nonprofit CEO to a Minneapolis housing nonprofit, according to a statement.

Bill Davis, the former chief executive of Community Action of Minneapolis, faces federal charges related to theft and fraud stemming from allegations that he misspent taxpayer money intended for home weatherization projects and other purposes. He pleaded not guilty to the charges on Monday.

DFL Party Chair Ken Martin said in a statement that "the facts will come out through the legal process but ahead of that finding, we will redirect Davis' donations." Since 2011, Davis donated $2,065 to the state DFL Party.

"We find it morally reprehensible that someone would take money from the needy for their own personal use," he said.

The money will be donated to Simpson Housing Services, a Minneapolis nonprofit that provides support for those experiencing homelessness.