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Wisconsin Native Loan Fund Inc

Winlf

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

EIN: 432116172 ✦ Lac du flambeau, WI ✦ Designated as a 501(c)(3)

Overview

What is Wisconsin Native Loan Fund Inc?

Wisconsin Native Loan Fund Inc., also known as WINLF, is a 501(c)(3) nonprofit organization and a U.S. Treasury-certified Native Community Development Financial Institution (CDFI) based in Lac du Flambeau, Wisconsin. Established in 2006, their mission is to boost the financial self-sufficiency of Wisconsin Native American communities. They accomplish this goal through various loan products, such as home, consumer, and small business loans, complemented by development services including homebuyer education, credit counseling, and business/entrepreneurship services. The overall aim is to enhance the financial well-being of Wisconsin Native American families and communities.


Official website here: www.winlf.org

Is Wisconsin Native Loan Fund Inc legitimate?

Wisconsin Native Loan Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wisconsin Native 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: $111,151
Professional Fundraising Fees: $0
Other Salaries and Wages: $201,477

For more financial information, click here


Official website here: www.winlf.org

What is the mission statement of Wisconsin Native Loan Fund Inc?

The Wisconsin Native Loan Fund Inc, being a 501(c)(3) nonprofit and a U.S. Treasury-certified Native Community Development Financial Institution (CDFI), is committed to enhancing the financial well-being of Wisconsin Native American families and communities. Their mission is accomplished through a variety of loan products, including home, consumer, and small business loans, complemented by development services such as homebuyer education, credit counseling, and business/entrepreneurship services. By providing these financial tools and resources, the Wisconsin Native Loan Fund Inc aims to foster financial self-sufficiency within Wisconsin Native American communities.


Official website here: www.winlf.org

Who is the CEO of Wisconsin Native Loan Fund Inc?

Cheryl Cloud is the Chair of Wisconsin Native Loan Fund Inc.


Official website here: www.winlf.org

What is the revenue of Wisconsin Native Loan Fund Inc?

Wisconsin Native Loan Fund Inc's revenue in 2022 was $2,400,832.


Official website here: www.winlf.org

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

The average compensation at Wisconsin Native Loan Fund Inc during 2022 was $312,628. There are 1 employees and 11 volunteers at Wisconsin Native Loan Fund Inc.

Here are 12 key members and their salaries:

    David Gouwens (Coo)
  • Compensation: $87,803
  • Related: $0
  • Other: $23,348

    • Jeffery Johnson (Secretary (As Of Aug 2022)) [Trustee/Director]
  • Compensation: $97,446
  • Related: $0
  • Other: $0

    • Cheryl Cloud (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Fern Orie (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Ackley Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Bowman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Casey Fitzpatrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sean Harte (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Montano Sr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessie Peterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Russell Swagger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.winlf.org

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

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


    Official website here: www.winlf.org

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

    Mission Statement of Wisconsin Native Loan Fund Inc

    Wisconsin Native Loan Fund Inc, as a 501(c)(3) nonprofit and U.S. Treasury-certified Native Community Development Financial Institution (CDFI), is dedicated to enhancing the financial self-sufficiency of Wisconsin Native American communities. By providing a range of loan products including home, consumer, and small business loans, coupled with development services such as homebuyer education, credit counseling, and business/entrepreneurship services, the organization aims to empower its beneficiaries. Since its establishment in 2006, Wisconsin Native Loan Fund Inc has been steadfast in its mission to uplift the financial well-being of Native American families in Wisconsin.

    Impact

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




    Saturday, July 20, 2024

    The Wisconsin Native Loan Fund Inc's impact is evident in the improved financial well-being of Wisconsin Native American families and communities. Through its suite of loan products and development services, such as home, consumer, and small business loans, complemented by offerings like homebuyer education, credit counseling, and business/entrepreneurship services, the organization has facilitated the financial self-sufficiency of Wisconsin Native American communities since its founding in 2006. Its mission to increase financial well-being has made a tangible difference in the lives of those it serves, particularly in the realm of housing opportunities.





    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: $487
  • Program Service Revenue: $364,344
  • Gross Receipts: $2,400,832

    • Assets and Liabilities:
  • Total Assets: $7,515,814
  • Total Liabilities: $3,435,334
  • Net Assets: $4,080,480
  • Programs

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

    LOAN RECEIVABLE INTERE

    Revenue

    $285,500

    LOAN FEES

    Revenue

    $54,886

    LOAN RECOVERY INCOME

    Revenue

    $23,958

    Organization Details

    Founding Year

    2006

    Principal Officer

    Cheryl Cloud

    Main Address

    PO BOX 580, LAC DU FLAMBEAU, WI, 54538

    NTEE Category

    Code: L82 - Housing

    If you are a representative of Wisconsin Native 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.