nonprofit logo

Native360 Loan Fund Inc

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

EIN: 274573866 ✦ Grand island, NE ✦ Designated as a 501(c)(3)

Overview

What is Native360 Loan Fund Inc?

Native360 Loan Fund Inc, situated in Grand Island, Nebraska, is a nonprofit organization dedicated to empowering the Ponca Tribe of Nebraska and other Native American communities. Their primary goal is to assist individuals seeking to establish, maintain, or expand small businesses. They achieve this through various means, including workshops, seminars, web-based services, help with writing business plans, credit repair services, entrepreneurial training, and web-based technical assistance. By addressing barriers that hinder the successful development of micro businesses, Native360 Loan Fund Inc aims to foster self-sufficiency among its clients. Furthermore, the organization offers affordable credit and capital, as well as additional technical assistance and programs, to encourage and support Native American entrepreneurs in their journey towards becoming successful business owners.


Official website here: www.native360.org

Is Native360 Loan Fund Inc legitimate?

Native360 Loan Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Native360 Loan Fund 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: $189,430
Professional Fundraising Fees: $0
Other Salaries and Wages: $98,996

For more financial information, click here


Official website here: www.native360.org

What is the mission statement of Native360 Loan Fund Inc?

Native360 Loan Fund Inc's mission is centered around providing affordable credit, capital, technical assistance, and programs to Ponca Tribal members and other Native Americans. This initiative aims to empower these individuals to become self-sufficient business owners. The organization offers training and technical assistance to help Tribal members start, maintain, or expand their small businesses. This assistance includes workshops, seminars, web-based services, aid in writing business plans, credit repair services, entrepreneurial training, and web-based technical assistance, among other support. Native360 Loan Fund Inc also provides loans to those who participate in its training and assistance programs, working to overcome barriers limiting the successful development of micro businesses.


Official website here: www.native360.org

Who is the CEO of Native360 Loan Fund Inc?

Rory Bowen is the Treasurer of Native360 Loan Fund Inc.


Official website here: www.native360.org

What is the revenue of Native360 Loan Fund Inc?

Native360 Loan Fund Inc's revenue in 2022 was $2,068,660.


Official website here: www.native360.org

Who are the executives of Native360 Loan Fund Inc and what are their salaries?

The average compensation at Native360 Loan Fund Inc during 2022 was $144,213. There are 2 employees at Native360 Loan Fund Inc.

Here are 6 key members and their salaries:

    Jenifer Richardson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce Long (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Percy Upton (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sam Nelson (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd Mullinar (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rory Bowen (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.native360.org

    Where can I find the form 990 for Native360 Loan Fund Inc?

    The Native360 Loan Fund Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.native360.org

    Learn more at the official website: www.native360.org

    Mission Statement of Native360 Loan Fund Inc

    Native360 Loan Fund Inc, as a mission-driven organization, is dedicated to providing affordable credit, capital, technical assistance, and programs to Ponca Tribal members and other Native Americans. The primary goal is to encourage these individuals to become self-sufficient business owners. Through various means, Native360 Loan Fund Inc aims to empower its beneficiaries, offering workshops, seminars, web-based services, assistance in writing business plans, credit repair services, entrepreneurial training, and web-based technical assistance. This support helps address the barriers limiting the successful development of micro businesses. Additionally, First Ponca Financial, an arm of Native360 Loan Fund Inc, makes loans to those who participate in its training and assistance programs. In essence, the organization's mission is to foster business growth and self-sufficiency among Ponca Tribal members and other Native Americans, equipping them with the necessary tools and resources to thrive in the entrepreneurial world.

    Impact

    This information is meant to be a general summary of Native360 Loan Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Native360 Loan Fund Inc's impact lies in providing affordable credit, capital, technical assistance, and programs to Ponca Tribal members and other Native Americans, empowering them to become self-sufficient business owners. By offering training, entrepreneurial guidance, credit repair services, and more, Native360 Loan Fund Inc addresses barriers that limit the successful development of micro-businesses within the community. This organization plays a crucial role in supporting the economic growth and sustainability of Native American entrepreneurs, ultimately contributing to the overall improvement of the community.





    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: $0
  • Program Service Revenue: $247,231
  • Gross Receipts: $2,068,660

    • Assets and Liabilities:
  • Total Assets: $9,822,882
  • Total Liabilities: $3,859,143
  • Net Assets: $5,963,739
  • Programs

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

    LOAN INTEREST INCOME

    Revenue

    $247,231

    Organization Details

    Founding Year

    2011

    Principal Officer

    Rory Bowen

    Main Address

    2550 N DIERS AVE SUITE K, GRAND ISLAND, NE, 68803

    NTEE Category

    Code: S32 - Community improvement

    If you are a representative of Native360 Loan Fund Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.