Overview
What is Choctaw Home Finance Corporation?
Choctaw Home Finance Corporation is a nonprofit organization situated in Hugo, Oklahoma. Their primary focus is on providing affordable home financing solutions to Native Americans with low and moderate income levels. Established with a mission to assist this specific demographic, the corporation works diligently to make home ownership accessible and attainable for these individuals. By offering tailored financing options, Choctaw Home Finance Corporation plays a significant role in empowering Native American communities, thereby contributing to their social and economic development.
Is Choctaw Home Finance Corporation legitimate?
Choctaw Home Finance Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Choctaw Home Finance Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Choctaw Home Finance Corporation?
Choctaw Home Finance Corporation's primary mission is centered around providing affordable home financing solutions. This mission is specifically directed towards Native Americans who fall under the categories of low and moderate income. The corporation strives to make homeownership more accessible for this demographic, contributing to their overall financial stability and well-being. By providing these financing services, Choctaw Home Finance Corporation seeks to empower Native American communities, fostering a sense of security and stability within these communities.
Who is the CEO of Choctaw Home Finance Corporation?
Gail Thompson is the Trustee of Choctaw Home Finance Corporation.
What is the revenue of Choctaw Home Finance Corporation?
Choctaw Home Finance Corporation's revenue in 2022 was $4,207,857.
Who are the executives of Choctaw Home Finance Corporation and what are their salaries?
- John Jones (Trustee)
- Vickie Mcclure (Vice Chairman) [Trustee/Director]
- Virginia Kay Green (Trustee)
- Gail Thompson (Chairman) [Trustee/Director]
- Herbert Jessie (Trustee)
Where can I find the form 990 for Choctaw Home Finance Corporation?
The Choctaw Home Finance Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Choctaw Home Finance Corporation
Choctaw Home Finance Corporation, a notable entity, is committed to a noble mission. This mission revolves around providing affordable home financing options to Native Americans who fall under the categories of low and moderate income. By offering these financing solutions, the corporation aims to contribute significantly to the housing needs of this community, thereby enhancing their living standards. The organization's primary focus is on making homeownership an attainable goal for these individuals, thereby fostering stability and security in their lives.
Impact
This information is meant to be a general summary of Choctaw Home Finance Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Choctaw Home Finance Corporation plays a significant role in providing affordable home financing to Native Americans with low and moderate incomes. By offering accessible financing options, this organization helps individuals and families achieve the dream of homeownership, thereby contributing to the economic stability and well-being of Native American communities. Through its mission-driven work in Hugo, Oklahoma, Choctaw Home Finance Corporation is making a tangible impact on improving housing opportunities for this underserved population.
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.
MORTGAGE INTEREST INCOME
Revenue
$975,133
PROGRAM SERVICE REV-FEES
Revenue
$47,445
Organization Details
Founding Year
2002
Phone
(580) 326-7521
Principal Officer
Gail Thompson
Main Address
PO BOX G, HUGO, OK, 74743
NTEE Category
Code: L82 - Housing
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