Overview
What is Northwest Native Development Fund?
The Northwest Native Development Fund, located in Coulee Dam, Washington, is a nonprofit organization dedicated to promoting economic and financial independence among Native people. During 2022, they disbursed a total of $2,854,676 through various loans, including small business, commercial, home, consumer, mercy, and judgment loans. Their mission is to empower Native individuals by offering financial and entrepreneurial education and providing access to capital through innovative lending products. The organization operates with a team of six dedicated professionals.
Official website here: www.thenndf.org
Is Northwest Native Development Fund legitimate?
Northwest Native Development Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northwest Native Development Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $105,603
Professional Fundraising Fees: $0
Other Salaries and Wages: $214,740
For more financial information, click here
Official website here: www.thenndf.org
What is the mission statement of Northwest Native Development Fund?
The Northwest Native Development Fund's mission is to promote economic and financial independence for Native people. To achieve this, the organization provides financial and entrepreneurial education and offers creative lending products to assist in the development of personal assets. By doing so, they aim to provide access to capital, helping Native individuals become financially self-sufficient. In 2022, the organization disbursed loans totaling $2,854,676, supporting various types of loans, including small business, commercial, home, consumer, mercy, and judgment loans.
Official website here: www.thenndf.org
Who is the CEO of Northwest Native Development Fund?
Jordan Ruiz is the Chairman of Northwest Native Development Fund.
Official website here: www.thenndf.org
What is the revenue of Northwest Native Development Fund?
Northwest Native Development Fund's revenue in 2022 was $873,444.
Official website here: www.thenndf.org
Who are the executives of Northwest Native Development Fund and what are their salaries?
The average compensation at Northwest Native Development Fund during 2022 was $53,390. There are 6 employees and 3 volunteers at Northwest Native Development Fund.
Here are 6 key members and their salaries:
- Theodore Piccolo (Executive Director)
- Kenneth Stanger (Chairman) [Trustee/Director]
- Terry Payne (Vice Chair) [Trustee/Director]
- Molly Morris-Hobrecht (Secretary) [Trustee/Director]
- Kim Peone (Director)
- Marina Turningrobe (Treasurer) [Trustee/Director]
Official website here: www.thenndf.org
Where can I find the form 990 for Northwest Native Development Fund?
The Northwest Native Development Fund’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.thenndf.org
Learn more at the official website: www.thenndf.org
Mission Statement of Northwest Native Development Fund
The Northwest Native Development Fund is dedicated to fostering economic and financial independence among Native people. To achieve this goal, the organization focuses on two primary areas: financial and entrepreneurial education, and providing access to capital through innovative lending products. By offering these services, the Northwest Native Development Fund aims to assist Native individuals in developing their personal assets, thereby promoting self-sufficiency and financial stability.
In 2022, the organization demonstrated its commitment to this mission by making 58 loans totaling $2,854,676. These funds were disbursed through various loan types, including 12 small business loans, 2 commercial loans, 3 home loans, 35 consumer loans, 5 mercy loans, and 1 judgment loan. This diverse range of loans indicates that the Northwest Native Development Fund caters to a broad spectrum of financial needs, ensuring that Native people have the necessary resources to build their businesses, purchase homes, and manage their personal finances effectively. By providing these financial services, the Northwest Native Development Fund plays a crucial role in empowering Native communities to achieve financial independence.
Impact
This information is meant to be a general summary of Northwest Native Development Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Northwest Native Development Fund has had a significant impact on fostering economic and financial independence for Native people. In 2022, the organization made 58 loans totaling $2,854,676 to support the growth and development of Native communities. These funds were disbursed through various types of loans, including small business loans, commercial loans, home and consumer loans, as well as mercy and judgment loans. By providing access to capital, financial and entrepreneurial education, the organization is empowering Native individuals to build personal assets and create economic opportunities for themselves and their communities.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST AND FEES
Revenue
$346,908
CONTRACT REVENUE
Revenue
$67,228
Organization Details
Founding Year
2008
Phone
(509) 633-9940
Principal Officer
Jordan Ruiz
Main Address
PO BOX 154, COULEE DAM, WA, 99116
Website
www.thenndf.org
NTEE Category
Code: P20 - Human services
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