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Nacdc Financial Services Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 273156259 ✦ Browning, MT ✦ Designated as a 501(c)(3)

Overview

What is Nacdc Financial Services Inc?

Nacdc Financial Services Inc, based in Browning, Montana, is a nonprofit organization committed to supporting Native American entrepreneurs and small businesses. During 2022, they disbursed 698 loans worth $9,465,616, providing significant financial assistance. Moreover, they offered 595 hours of technical assistance to 384 clients, demonstrating their dedication to empowering these businesses. Their mission extends beyond finance, as they also assisted 281 families in their homeownership journeys and helped 593 families improve their financial capacity and education. With a team of 15 dedicated individuals, Nacdc Financial Services Inc plays a vital role in fostering economic growth within Native American communities.


Official website here: www.nacdcfinancialservices.org

Is Nacdc Financial Services Inc legitimate?

Nacdc Financial Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nacdc Financial Services Inc 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: $180,183
Professional Fundraising Fees: $0
Other Salaries and Wages: $514,518

For more financial information, click here


Official website here: www.nacdcfinancialservices.org

What is the mission statement of Nacdc Financial Services Inc?

Nacdc Financial Services Inc's mission is centered around providing alternative financing opportunities for Native American entrepreneurs and small businesses in communities situated near Indian Reservations. Their mission is accomplished through disbursing loans and offering technical assistance to help these businesses thrive. In 2022, they distributed 698 loans totaling $9,465,616 and offered 595 hours of technical assistance to 384 clients, supporting 103 business owners, 281 families in their homeownership journeys, and 593 families in enhancing their financial capacity and education.


Official website here: www.nacdcfinancialservices.org

Who is the CEO of Nacdc Financial Services Inc?

Andrea Main is the Executive Dir. of Nacdc Financial Services Inc.


Official website here: www.nacdcfinancialservices.org

What is the revenue of Nacdc Financial Services Inc?

Nacdc Financial Services Inc's revenue in 2022 was $2,671,836.


Official website here: www.nacdcfinancialservices.org

Who are the executives of Nacdc Financial Services Inc and what are their salaries?

The average compensation at Nacdc Financial Services Inc during 2022 was $46,313. There are 15 employees and 8 volunteers at Nacdc Financial Services Inc.

Here are 9 key members and their salaries:

    Andrea Main (Executive Dir.)
  • Compensation: $151,200
  • Related: $0
  • Other: $28,983

    • Roberta Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sheila Herrera (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ray King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jay Marcus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Luke Robinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melanie Wall (President/Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carla Lott (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erik Nelson (Sec/Treas.) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nacdcfinancialservices.org

    Where can I find the form 990 for Nacdc Financial Services Inc?

    The Nacdc Financial Services Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nacdcfinancialservices.org

    Learn more at the official website: www.nacdcfinancialservices.org

    Mission Statement of Nacdc Financial Services Inc

    Nacdc Financial Services Inc is dedicated to providing alternative financing opportunities for Native American entrepreneurs and small businesses situated in communities surrounding Indian Reservations. Their mission is centered around empowering these enterprises by offering them access to much-needed financial resources. In addition to loan disbursements, the organization also offers technical assistance, providing valuable guidance to a significant number of business owners. Beyond supporting the entrepreneurial sector, Nacdc Financial Services Inc also extends its services to families, aiding them in their homeownership journeys and providing financial capacity and education.

    Impact

    This information is meant to be a general summary of Nacdc Financial Services Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Nacdc Financial Services Inc has had a significant impact in providing alternative financing opportunities for Native American entrepreneurs and small businesses in communities in and near Indian Reservations. In 2022, the organization disbursed 698 loans totaling $9,465,616, benefiting 103 business owners, 281 families in their homeownership journeys, and 593 families with financial capacity and education. Additionally, they provided 384 clients with a total of 595 hours of technical assistance, contributing to the economic development and empowerment of Native American communities. Nacdc Financial Services Inc's work aligns with their mission to support and uplift Native American entrepreneurs and families by providing access to much-needed financial resources.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $895
  • Program Service Revenue: $543,182
  • Gross Receipts: $2,671,836

    • Assets and Liabilities:
  • Total Assets: $10,865,137
  • Total Liabilities: $5,186,779
  • Net Assets: $5,678,358
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Fee income

    Revenue

    $143,799

    Interest inc from loans

    Revenue

    $399,383

    Organization Details

    Founding Year

    2010

    Principal Officer

    Andrea Main

    Main Address

    201 N Piegan Street, Browning, MT, 59417

    NTEE Category

    Code: S20 - Community improvement

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