NATIVE CDFI NETWORK INC

Address
PO BOX 1827
RAPID CITY, SD 57709
Contact
Website: http://www.nativecdfi.net
Phone: +1 (605) 365-6676
Nonprofit
EIN: 47-3526004
Year formed: 2014

Mission

OUR MISSION IT TO BE A NATIONAL VOICE AND ADVOCATE THAT STRENGTHENS AND PROMOTES NATIVE COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFI'S), CREATING ACCESS TO CAPITAL AND RESOURCES FOR NATIVE PEOPLES.
 2016
Basic features of the organization
Year of formation2014
Subsection501(c)(3)
Organization typeCorporation
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$88,565.00
Sum of reportable (W2/1099) compensation$80,385.00
Number of employees3
Number of volunteers12
Personnel
Adams, Lee
TitleMEMBER
Name of key/compensated personLEE ANNE ADAMS
Average hours per week working for org1.00
Reportable compensation from org$0.00
Other comp, non-reportable, from org and related orgs$0.00
PositionIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00
Castillo, Dave
TitleMEMBER
Name of key/compensated personDAVE CASTILLO
Average hours per week working for org1.00
Reportable compensation from org$0.00
Other comp, non-reportable, from org and related orgs$0.00
PositionIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00
Fiddler, Tanya
TitleEXECUTIVE DI
Name of key/compensated personTANYA FIDDLER
Average hours per week working for org40.00
Reportable compensation from org$80,385.00
Other comp, non-reportable, from org and related orgs$8,180.00
PositionOfficer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00
Ginn, Marvin
TitleVICE CHAIRPE
Name of key/compensated personMARVIN GINN
Average hours per week working for org1.00
Reportable compensation from org$0.00
Other comp, non-reportable, from org and related orgs$0.00
PositionIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00
Hammond, Susan
TitleMEMBER
Name of key/compensated personSUSAN HAMMOND
Average hours per week working for org1.00
Reportable compensation from org$0.00
Other comp, non-reportable, from org and related orgs$0.00
PositionIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00
Haskell, Cora
TitleMEMBER
Name of key/compensated personCORA MAE HASKELL
Average hours per week working for org1.00
Reportable compensation from org$0.00
Other comp, non-reportable, from org and related orgs$0.00
PositionIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00
Logsdon, Cindy
TitleTREASURER
Name of key/compensated personCINDY LOGSDON
Average hours per week working for org1.00
Reportable compensation from org$0.00
Other comp, non-reportable, from org and related orgs$0.00
PositionIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00
Lopez, Liz
TitleMEMBER
Name of key/compensated personLIZ LOPEZ
Average hours per week working for org1.00
Reportable compensation from org$0.00
Other comp, non-reportable, from org and related orgs$0.00
PositionIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00
Mittlestadt, Cindy
TitleMEMBER
Name of key/compensated personCINDY MITTLESTADT
Average hours per week working for org1.00
Reportable compensation from org$0.00
Other comp, non-reportable, from org and related orgs$0.00
PositionIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00
Orie, Fern
TitleMEMBER
Name of key/compensated personFERN ORIE
Average hours per week working for org1.00
Reportable compensation from org$0.00
Other comp, non-reportable, from org and related orgs$0.00
PositionIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00
Piccolo, Ted
TitleCHAIRPERSON
Name of key/compensated personTED PICCOLO
Average hours per week working for org1.00
Reportable compensation from org$0.00
Other comp, non-reportable, from org and related orgs$0.00
PositionIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00
Record, Ian
TitleMEMBER
Name of key/compensated personIAN RECORD
Average hours per week working for org1.00
Reportable compensation from org$0.00
Other comp, non-reportable, from org and related orgs$0.00
PositionIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00
White, Loren
TitleMEMBER
Name of key/compensated personLOREN WHITE JR
Average hours per week working for org1.00
Reportable compensation from org$0.00
Other comp, non-reportable, from org and related orgs$0.00
PositionIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00
Purpose: mission, activities & accomplishments
Mission or significant activitiesOUR MISSION IT TO BE A NATIONAL VOICE AND ADVOCATE THAT STRENGTHENS AND PROMOTES NATIVE COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFI'S), CREATING ACCESS TO CAPITAL AND RESOURCES FOR NATIVE PEOPLES.
Program expenses (total)$280,692.00
Programs, including revenue & expenses
OUR FOUR MAIN FOUNDATIONAL GOALS ARE AS FOLLOWS: - BUILD STRONG MEMBERSHIP NETWORK AND INFRASTRUCTURE - COMMIT TO GATHERING MEMBERS ANNUALLY - CREATE CDFI-TO-CDFI PEER MENTORING AND SHARING OPPORTUNITIES - IDENTIFY POLICY PRIORITIES UNDER OUR GRANT FUNDING, WE HAVE FOCUSED ON ACHIEVING THESE GOALS BY WORKING TO EDUCATE LENDERS, TRIBES, SERVICE PROVIDERS, AND NATIVE AMERICAN ENTREPRENEURS ABOUT THE NATIVE AMERICAN GAP FINANCING REVOLVING LOAN PROGRAM; STRENGTHEN FINANCIAL INCLUSION THROUGH EDUCATION AND OUTREACH; GROW THE ADVOCACY SKILLS AND CAPACITY OF OUR STAFF AND PARTNERS; AND DRIVE ECONOMIC DEVELOPMENT IN RURAL AND REMOTE NATIVE AMERICAN COMMUNITIES THAT ARE CURRENTLY UNDERSERVED.
Program expenses$280,692.00
Program descriptionOUR FOUR MAIN FOUNDATIONAL GOALS ARE AS FOLLOWS: - BUILD STRONG MEMBERSHIP NETWORK AND INFRASTRUCTURE - COMMIT TO GATHERING MEMBERS ANNUALLY - CREATE CDFI-TO-CDFI PEER MENTORING AND SHARING OPPORTUNITIES - IDENTIFY POLICY PRIORITIES UNDER OUR GRANT FUNDING, WE HAVE FOCUSED ON ACHIEVING THESE GOALS BY WORKING TO EDUCATE LENDERS, TRIBES, SERVICE PROVIDERS, AND NATIVE AMERICAN ENTREPRENEURS ABOUT THE NATIVE AMERICAN GAP FINANCING REVOLVING LOAN PROGRAM; STRENGTHEN FINANCIAL INCLUSION THROUGH EDUCATION AND OUTREACH; GROW THE ADVOCACY SKILLS AND CAPACITY OF OUR STAFF AND PARTNERS; AND DRIVE ECONOMIC DEVELOPMENT IN RURAL AND REMOTE NATIVE AMERICAN COMMUNITIES THAT ARE CURRENTLY UNDERSERVED.
Financial data
Expense categories (totals)
Sum (total functional expenses)$394,673.00
Program services (total functional expenses)$280,692.00
Management & general (total functional expenses)$95,292.00
Fundraising (total functional expenses)$18,689.00
Revenue
Total revenue$901,800.00
Revenue from contributions (total)$901,631.00
Investment income$169.00
Total unrelated business revenue$0.00
Other revenue, current yr$0.00
Total revenue from grants, etc., current yr$901,631.00
Gross receipts$901,800.00
Sources of contributions
Contributions revenue from membership dues$8,570.00
Revenue from all other contributions$893,061.00
Other types of revenue
Income from dividends, interest, and similar investments$169.00
Fees for services
Fundraising service fees (total)$0.00
Accounting service fees (total)$14,877.00
Assets and liabilities
Total assets$531,564.00
Total liabilities$24,437.00
Temporarily restricted net assets$459,538.00
Net assets$507,127.00
Other financial variables
Revenue less expenses$507,127.00
Advertising (total)$250.00
Savings & temp cash investment$529,696.00
Accounts receivable, net$275.00
Prepaid expenses & deferred charges$1,593.00
Accounts payable & accrued expenses$24,437.00
Total net assets or fund balances$507,127.00
Governance and accountability
Number of voting members12
Number of independent voting members12
Financial sheets auditedTrue
Tax year start date2016-01-01
Tax year end date2016-12-31
Accounting methodAccrual
Metadata about the filing
E-return type990
Reason for form submission
First filingTrue
Date e-filing submitted2017-12-21
IRS schema version2016v3.0
Filing identifier201743079349302019
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